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EURUSD

  • #600,381
  • Feb 27, 2012 7:23am Feb 27, 2012 7:23am
Nice Evening star pattern in H4.
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Click to Enlarge Name: eurusd.gif Size: 19 KB
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #600,382
  • Feb 27, 2012 7:28am Feb 27, 2012 7:28am
Quoting Zircon
Nice Evening star pattern in H4.
You got this right but not for long......
Trend Is Friend
  • #600,383
  • Feb 27, 2012 7:32am Feb 27, 2012 7:32am
Quoting mercy seat
Try to understand this one ... even it will need some time ...

2012-02-24_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-09 vs c63

There are still some mild chances for upside ... although major move possibly been done already ...




;-|
What is this ? haha don't understand anything........
Trend Is Friend
  • #600,384
  • Feb 27, 2012 7:37am Feb 27, 2012 7:37am
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
  • #600,385
  • Feb 27, 2012 7:38am Feb 27, 2012 7:38am
Quoting mofu.Dnewbie
I'm also long at 1.33931. pls can you advice me on your t.p?
#600185

Or if you like take this one ... same facts ... only another kind of view ...

Everything is named with a legend inside ...

Overall it depends on NY-Session ...

Elliottwise there are still some points not taken out ...

On the otherhand we are under pressure now ...

And it depends on your money management and trading style what you can allow for yourself ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #600,386
  • Feb 27, 2012 7:44am Feb 27, 2012 7:44am
Quoting Forex-novice
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
I think it will go little more like 1.336* then up.
Trend Is Friend
  • #600,387
  • Feb 27, 2012 7:44am Feb 27, 2012 7:44am
Quoting Forex-novice
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feTel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
Take what you read here with a grain of salt.. Trust your own analysis.
"We cannot direct the wind, but we can adjust the sails."
  • #600,388
  • Feb 27, 2012 7:46am Feb 27, 2012 7:46am
Quoting Forex-novice
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
Never blind thrust what's written on this E/U tread !
#### Follow me at @LioH_ on Twitter ... ####
  • #600,389
  • Feb 27, 2012 7:49am Feb 27, 2012 7:49am
PA coming down to Weekly Pivot and S1. Worth a scalp off the bounce?
  • #600,390
  • Feb 27, 2012 7:51am Feb 27, 2012 7:51am
Just follow the trend. Previous support may become resistant, but once the resistant is broke, it will go down.
  • #600,391
  • Feb 27, 2012 7:53am Feb 27, 2012 7:53am
Quoting Forex-novice
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
Hello mate,

No one around here is correct everytime. We are bound to make mistakes and face some losses, but make sure those losses don't eat your profits.

According to me, you are correct in direction in every perspective. I mean sell is the right direction, especially when fundies are concerned. There might me a huge sell of anytime (may be it has started) . It is just the hope of Greek survival that has pushed the market north and in fact, technically it was a much needed correction. Longer time frame is bearish so you need not worry is what my guess. And BTW, that does not mean i am correct. People might have a different opinion in contrast to me. I should say that Mr. Market is always correct and let him say the exact answer.

Now, what i believe is, all the hope and bailout stuff has been priced-in to the market and may start selling off which is what is real.

But it is my humble request that YOU TRADE WHAT YOU SEE.

ADD: a small thought: Move you S/L to BE and secure your position so that you would not face any loss. Or you can even book half of the position and let the remaining run with S/L @ BE so that you have half of the money added to your account !!! Just a thought. Please dont follow me blindly. In fact, i am not an experienced trader.
  • #600,392
  • Feb 27, 2012 7:53am Feb 27, 2012 7:53am
LONG NOW !!!
ALL IN !!!!!!
1,3380
  • #600,393
  • Feb 27, 2012 7:54am Feb 27, 2012 7:54am
Quoting fxtrader032
There is a high probability to short eurusd and long time

Attachment
My prediction was right
  • #600,394
  • Feb 27, 2012 7:54am Feb 27, 2012 7:54am
Quoting Forex-novice
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
Nobody can be sure what will follow next but use longer timeframes of daily charts to see better clues.

My opinion is that you go away from your computer and come after a couple of days to get your 200 pips, if you look on prices every second you will probably close your position much earlier.

Short till it touches middle line in Bollinger band. We have about 160 pips to go.
Attached Image
  • #600,395
  • Feb 27, 2012 7:55am Feb 27, 2012 7:55am
Quoting Forex-novice
apologies for my insolence but i ask why people are going long? Escpecially people with high vouches. I am worried about my position

I went short on friday and im 80 pips up and i still feel it may drop because on the rsi, the pair has been overbought on the 4 hr time frame past the 75% level.

Is it because of the news coming out that people are buying?
Bud it better to stick with ur own analysis u should only take ideas from this forum . ur trading should be based on ur own strategy.

eg i posted that i bought around 3390 but u dont know my position size my stop-loss or anything related to the entry i will keep opening longs till 3335 thats is my pivot . i have long order at 3373 3354 and 3344 . if it drops it will change my average . i hope u understand my point
MMMYYYKKK
  • #600,396
  • Feb 27, 2012 7:56am Feb 27, 2012 7:56am
Quoting mercy seat
If 1.3388 has been crossed there will be further entries triggered automatically at various points between 1.3382 - 1.3370 ...

We will not explain it in details here ...




;-|
#600185

This comes into play now ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #600,397
  • Feb 27, 2012 7:59am Feb 27, 2012 7:59am
Quoting FX Tsunami
Hello mate,

No one around here is correct everytime. We are bound to make mistakes and face some losses, but make sure those losses don't eat your profits.

According to me, you are correct in direction in every perspective. I mean sell is the right direction, especially when fundies are concerned. There might me a huge sell of anytime (may be it has started) . It is just the hope of Greek survival that has pushed the market north and in fact, technically it was a much needed correction. Longer time frame is bearish so you need not worry is what...
Thank you very much sir
  • #600,398
  • Feb 27, 2012 8:00am Feb 27, 2012 8:00am
Well done.

Quoting fxtrader032
My prediction was right
The true fact is market doesn't care, risk mgt is important.
  • #600,399
  • Feb 27, 2012 8:04am Feb 27, 2012 8:04am
Quoting Vorsprung
PA coming down to Weekly Pivot and S1. Worth a scalp off the bounce?
Bah! A measly 10 pips...
  • #600,400
  • Feb 27, 2012 8:04am Feb 27, 2012 8:04am
Quoting matheszabi
I saw an opportunity to sell, and now I am on -70 Pip.
I knew is a high risk to leave it for week-end, I took this time

Short from 1.3392, imho was Friday and to high price for the weekend moves.
Imho: until Tuesday I am expecting to have +50 pip at least in this trade.

- oh only -65 pip now
This trade is in profit now already
I want to buy PATIENCE
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