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EURUSD

  • #599,141
  • Feb 23, 2012 2:12pm Feb 23, 2012 2:12pm
Quoting 853efx
sometimes i wonder y ppl try to explain PA with trendlines - doesnt make any sense to me but if it works for u and u trust ur system, keep doing it and good luck!
PA is must in any kind of trading, also horizontal support and resistance is something traders watch. When you use trend lines to figure out the diagonal support and resistance, it doesn't mean that when it reach the trend line it is going to bounce, it means, you have to watch PA for reversal candles and did it cross the line and how far etc... you place the stop loss if trader is wrong etc... There are rules for every system.

In reality, most of the systems work if the trader follows it with consistency.

regards,
  • #599,142
  • Feb 23, 2012 2:12pm Feb 23, 2012 2:12pm
Quoting turmaz
no one trade real money on tips

why - tips are actually in demand nowadays=)

http://stockcharts.com/h-sc/ui?s=TIP...d=p97255353177
  • #599,143
  • Feb 23, 2012 2:12pm Feb 23, 2012 2:12pm
And I jumped the wrong way - small loss, not too bad!
  • #599,144
  • Feb 23, 2012 2:13pm Feb 23, 2012 2:13pm
Why this spike????
  • #599,145
  • Feb 23, 2012 2:13pm Feb 23, 2012 2:13pm
Short it between 80-90
They think they are smarter than I am.
  • #599,146
  • Feb 23, 2012 2:13pm Feb 23, 2012 2:13pm
Warned all my fellow member not to so short . i wish u all just could have listened . anyway i told what i felt like. i dont move markets neither can i predict 100% but just shorting coz u see a small bear candle n without ny reason in n uptrend is just stupidity .
MMMYYYKKK
  • #599,147
  • Feb 23, 2012 2:14pm Feb 23, 2012 2:14pm
Quoting onlyfortrade
Why this spike????
im crying
  • #599,148
  • Feb 23, 2012 2:14pm Feb 23, 2012 2:14pm
BINGO 3350 and above. now lets go for 34 and 3450
  • #599,149
  • Feb 23, 2012 2:14pm Feb 23, 2012 2:14pm
lol
  • #599,150
  • Feb 23, 2012 2:15pm Feb 23, 2012 2:15pm
Quoting Killy
why - tips are actually in demand nowadays=)

http://stockcharts.com/h-sc/ui?s=TIP...d=p97255353177
lol
then i ve tip for you its going to the north pole (1.3481)
  • #599,151
  • Feb 23, 2012 2:16pm Feb 23, 2012 2:16pm
Quoting 853efx
lol

tbh - it was in the charts - was surprised it already happend today
  • #599,152
  • Feb 23, 2012 2:17pm Feb 23, 2012 2:17pm
all my models said this would happen yesterday and you guys were all ripping on me when i said it would happen.
  • #599,153
  • Feb 23, 2012 2:17pm Feb 23, 2012 2:17pm
turmaz,

Quoting Killy
bought eur 1.31 target 1.385 stop 1.26
%)
  • #599,154
  • Feb 23, 2012 2:17pm Feb 23, 2012 2:17pm
Quoting Z3iz3i
Short it between 80-90
Now this is logical
MMMYYYKKK
  • #599,155
  • Feb 23, 2012 2:18pm Feb 23, 2012 2:18pm
Short @ 1.3370
New voice message: Why are you calling me? If I need you, I'll call you!
  • #599,156
  • Feb 23, 2012 2:19pm Feb 23, 2012 2:19pm
Quoting hutrader
BINGO 3350 and above. now lets go for 34 and 3450
wish others could have listened Aswell .but they want to blow 2,3 accounts before they learn
MMMYYYKKK
  • #599,157
  • Feb 23, 2012 2:19pm Feb 23, 2012 2:19pm
this reminds me of october 2011 rally end of ny... was the start of a bull run in EU, even though already over bought.

It might keep going for a few hours... atleast few hundred pips and S&P will rocket
  • #599,158
  • Feb 23, 2012 2:19pm Feb 23, 2012 2:19pm
Wtf just happened thot err one was on buys so market goes against majority or i guesss err one was on sale and jus lyin about buys.... Account fucked
  • #599,159
  • Feb 23, 2012 2:19pm Feb 23, 2012 2:19pm
Quoting Forex-novice
im crying
I'm not good with fundamentals but it's obvious someone wants it to go up. There have been quick spikes thorough the last hour all leading up to resistance, to test it.

When this happens I get the feeling it will blow the resistance soon, like it just happened. Specially if the stochastics (8,3,3 is what I use) are all on overbought and still there are these spikes upwards. It's like it wants to blow through the ceiling any minute.

You have to play safe, and I wouldn't just buy right away without some other confirmation signals, but for sure I would never go short in a situation like that.
  • #599,160
  • Feb 23, 2012 2:20pm Feb 23, 2012 2:20pm
Quoting myk
Now this is logical
Why?
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