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  • #593,401
  • Feb 9, 2012 2:26am Feb 9, 2012 2:26am
I knew that Greece bailout will be a great drama to hesitate traders.
Already I awarded EU leaders an Oscar in my previous post.

Once again, traders shouldn't trust liars.
You cannot learn better without losing
  • #593,402
  • Feb 9, 2012 2:26am Feb 9, 2012 2:26am
Quoting ingmarforex
You all talk bullshit why??
you know last 2 days bull was on play
Mohan
  • #593,403
  • Feb 9, 2012 2:27am Feb 9, 2012 2:27am
trying a long @80...
give 10pips sl we may test 3331 100dsma

edit: sl @ be now
Patience, Emotion Control and Discipline.
  • #593,404
  • Feb 9, 2012 2:37am Feb 9, 2012 2:37am
Yes i meant 1,3260...sorry guys.

But support above it is strong

EDIT : it's always interesting to see increasing vol on top
COT: The precious data ignored
  • #593,405
  • Feb 9, 2012 2:40am Feb 9, 2012 2:40am
whatever news coming from greece making opposit impacts, i hope there is correction in eurousd.because euro at the top level
follow the flow of music $
  • #593,406
  • Feb 9, 2012 2:43am Feb 9, 2012 2:43am
"support" above it...?


Quoting kuroro001
Yes i meant 1,3260...sorry guys.

But support above it is strong

EDIT : it's always interesting to see increasing vol on top
  • #593,407
  • Feb 9, 2012 2:44am Feb 9, 2012 2:44am
Long EUR/USD @ 1.3049 TP1 1.3256 CLSD TP2 1.3600 Banked 206 / + 256 on other half
Long GBP/USD @ 1.5820 TP1 1.5930 TP2 1.6150 +21 as of now
Long USD/JPY @ 76.41 TP1 78.83 TP2 81.42 + 54 as of now
Long CAD/JPY @ 77.01 TP1 80.90 TP2 85.07 + 49 as of now



So Far so good



Quoting spillini
Long EUR/USD @ 1.3049 TP1 1.3256 CLSD TP2 1.3600
Long GBP/USD @ 1.5820 TP1 1.5930 TP2 1.6150
Long USD/JPY @ 76.41 TP1 78.83 TP2 81.42
Long CAD/JPY @ 77.01 TP1 80.90 TP2 85.07
Please do not vouch for me.
  • #593,408
  • Feb 9, 2012 2:46am Feb 9, 2012 2:46am
market is very unpredictable, we cant say wht will happen, we just trading as per news...
  • #593,409
  • Edited 3:07am Feb 9, 2012 2:48am | Edited 3:07am
check out the 100 SMA in D1

currently huge volume in m5

http://i41.tinypic.com/2mer7kg.gif

"Next hurdle for euro bulls will be 1.3334, the 100 dma."
.:: your stop loss is another trader's first target ::.
  • #593,410
  • Feb 9, 2012 2:52am Feb 9, 2012 2:52am
buyers r more then seller on M15, M30, H1 time frame, so its uptrend for now as for short term...
  • #593,411
  • Feb 9, 2012 2:56am Feb 9, 2012 2:56am
Quoting BrunargarFx
"support" above it...?
yes i meant the area above 1,3260....right inside 1,327x there are some bids.
I was expecting a least one dip towards 1,3260 before heading up...but bids are too strong

And i like bouncing candle without any follow through...on top
Let's see if London agrees or decide to spike up again
COT: The precious data ignored
  • #593,412
  • Feb 9, 2012 2:59am Feb 9, 2012 2:59am
Trying to encash on some counter move..
placed a limit sell on 3307 Sl placed Tight on 3323 If executed & PA falls below My TP is set to 3221.

Fingures crossed & Eyes Glued... Lets see how this pans out..
If it was easy, everyone would do it.
  • #593,413
  • Feb 9, 2012 3:00am Feb 9, 2012 3:00am
Hello Guys.

There is an expansion visible in the 15 Min chart.

Usually expansions are reversal pattern after a multidays trend.

I filled a short with little stop and nice take profit.
Attached Image (click to enlarge)
Click to Enlarge Name: expansions short.png Size: 60 KB
  • #593,414
  • Feb 9, 2012 3:06am Feb 9, 2012 3:06am
seems like the very similar scenario from yesterday but in a litlle upper band..so scalping between 3300-3270 like yesterday 3285-3260..hmm, is so true to believe
" Accepting losses is the most important single investment devise "
  • #593,415
  • Feb 9, 2012 3:15am Feb 9, 2012 3:15am
The pictures people make here; all beautiful, but I'm with Killerwhale. ;-)
  • #593,416
  • Feb 9, 2012 3:15am Feb 9, 2012 3:15am
Quoting tashkent
at 1.34 I will short with all my money. everything is happening just as in textbooks.
hahaha......wow.....very confident...
Bismillah
  • #593,417
  • Feb 9, 2012 3:22am Feb 9, 2012 3:22am
Nice inside bars on hourly
  • #593,418
  • Feb 9, 2012 3:25am Feb 9, 2012 3:25am
Quoting krunfx
hahaha......wow.....very confident...
confident, but without "very"
this move at the moment is a retracement, and 1.34 is an ideal stop (IF it gets there). But anything around 1.34-35 is change of direction, it will be bull market, IMHO..
As Above, So Below
  • #593,419
  • Feb 9, 2012 3:26am Feb 9, 2012 3:26am
Sellers waiting for a comfortable point to sell where bull can't reach twice to hunt SL. More bull up will weak bullish strength if sellers start selling and hold till hit SL.
Now weekly RSI says enough for decent bull. 3430-50 will be a nice short area
You cannot learn better without losing
  • #593,420
  • Feb 9, 2012 3:32am Feb 9, 2012 3:32am
Likely intraday reversal at 1.3337/38.

Come to test option expiry at 1.33

About timing i would keep eyes open at 12 GMT.
They think they are smarter than I am.
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