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  • #590,261
  • Jan 31, 2012 11:25am Jan 31, 2012 11:25am
Quoting walter_fx
interesting. hope the bulls take the pair higher
Yah, dumb bear likes to fall on trap
There were so many mistakes worked for this exceptional bullish move
You cannot learn better without losing
  • #590,262
  • Jan 31, 2012 11:30am Jan 31, 2012 11:30am
Quoting forexings
Yah, dumb bear likes to fall on trap
There were so many mistakes worked for this exceptional bullish move
so u think this is just a retracement instead of a reversal?
  • #590,263
  • Jan 31, 2012 11:31am Jan 31, 2012 11:31am
Next day if bull rise again bear will be totally fucked up.
Experts left the bear earlier, I believe now they are in bull move

Bear took traders SL and bull will take bear ass
This is not gloomy trend to jump on
You cannot learn better without losing
  • #590,264
  • Jan 31, 2012 11:33am Jan 31, 2012 11:33am
On hourly chart is EUR/USD very down. Retrace near to 1.3150-1.3160 is probable. What do you mean?
  • #590,265
  • Jan 31, 2012 11:33am Jan 31, 2012 11:33am
Quoting forexings
Next day if bull rise again bear will be totally fucked up.
Experts left the bear earlier, I believe now they are in bull move
could you explain why you "believe" that?
  • #590,266
  • Jan 31, 2012 11:33am Jan 31, 2012 11:33am
Seems that retest of support turned resistance is on its way. Could be the chance for one with long to close with smaller loss or to enter short for those left out earlier.

A sample of this scenario attached.
Attached Image
  • #590,267
  • Jan 31, 2012 11:34am Jan 31, 2012 11:34am
Quoting walter_fx
so u think this is just a retracement instead of a reversal?
as somebody said before, we got an uptrend of about 600 pip, without a real retracement of it... imo today we got it

just my 2 cent
  • #590,268
  • Jan 31, 2012 11:35am Jan 31, 2012 11:35am
here's my outlook on the usd..

I would be wary of shorting the eurusd especially also with talks that eurozone is likely to recover within the coming months
Attached Image (click to enlarge)
Click to Enlarge Name: usd index markup.png Size: 73 KB
  • #590,269
  • Jan 31, 2012 11:38am Jan 31, 2012 11:38am
Quoting walter_fx
so u think this is just a retracement instead of a reversal?
It can't be reversal until it takes 2980
And there is no stupid retracement that rebound after break. H4 heavy oversold, H1 touched 200MA and back to mid 100MA.
Bull may take this chance
You cannot learn better without losing
  • #590,270
  • Jan 31, 2012 11:41am Jan 31, 2012 11:41am
Quoting Henryk
On hourly chart is EUR/USD very down. Retrace near to 1.3150-1.3160 is probable. What do you mean?
3150 is not retracement, bear fail there
You cannot learn better without losing
  • #590,271
  • Jan 31, 2012 11:44am Jan 31, 2012 11:44am
Quoting MaxDoom
Weekly: still in extended correction of bull run 1.16 to 1.60 on a down leg.

Daily: Trying to make a reversal has taken out daily high as far as 1.32 but has yet to make a higher low. and heavy resistence @ 1.32

H1: The run up from 1.2623 to 1.3232 is looking over-extended and due for a correction yesterday saw a possible wave A followed by possible wave B form. If this is the case I have initial targets of 1.304x then 1.293x which would take it to a 50% correction
looking good
Attached Image (click to enlarge)
Click to Enlarge Name: a1.gif Size: 17 KB
  • #590,272
  • Jan 31, 2012 11:44am Jan 31, 2012 11:44am
Quoting forexings
It can't be reversal until it takes 2980
And there is no stupid retracement that rebound after break. H4 heavy oversold, H1 touched 200MA and back to mid 100MA.
Bull may take this chance
I think so EUR/USD go up and retest today high in yesterday night or later. I have target limit on 1.3160, but i donīt know if will touch it.
  • #590,273
  • Jan 31, 2012 11:45am Jan 31, 2012 11:45am
1.3057/58 is 50% of weekly candle, btw. Some consolidation expected at some point.

Today may be turnaround tuesday.....trade carefully.
They think they are smarter than I am.
  • #590,274
  • Jan 31, 2012 11:48am Jan 31, 2012 11:48am
So this women in crete cant afford to repay her debts to the bank, so they go to court, (no big deal) we all know how bankers play, however the judge rules in favor of the women, and passing judgement that all of her debt shall be cancelled to the bank, .. now here is the good part - so if ur unemployed in greece u get the same deal, this time however as of a 2010 ruling in the courts the law can now be transposed to employed people, so whats the point - the courts are now getting overloaded with everyone on the bandwagon claiming they cant pay their debts.. now then given the choice what would u do.. well u certainly cant beat em so why not join em..nice one
  • #590,275
  • Jan 31, 2012 11:50am Jan 31, 2012 11:50am
Long 1.3056, SL 1.3030, TP 1.3200, similar trade worked out nicely yesterday, hoping for same again
  • #590,276
  • Jan 31, 2012 11:56am Jan 31, 2012 11:56am
Quoting MaxDoom
looking good
Good for you, my sell limit short 3 pips from being hit. Take a lower entry, closed after 50.8 pips.
  • #590,277
  • Jan 31, 2012 11:57am Jan 31, 2012 11:57am
anybody think it will hit 1.3025 tonight?
  • #590,278
  • Jan 31, 2012 11:59am Jan 31, 2012 11:59am
Quoting nobody
anybody think it will hit 1.3025 tonight?
Hope not, that would hit my SL
  • #590,279
  • Jan 31, 2012 12:00pm Jan 31, 2012 12:00pm
I actually went completely against the grain, i took profit just now... 55 pips, from the trendline break.... Wuppy dooo.

Ive seen it all before.... Even though the trendline is broken.... Many many times the price will go back all the way and kiss that trendline again.... And theres me.... Losing my profit..... 'so.... I just took the money instead
  • #590,280
  • Jan 31, 2012 12:01pm Jan 31, 2012 12:01pm
i think this next H1 candle would clear the way
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