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  • #607,901
  • Mar 12, 2012 2:10pm Mar 12, 2012 2:10pm
Maybe the market is like this because the guys with big money have no idea what to do today.
This stuff in Greece msut confuse many traders in the market.
  • #607,902
  • Mar 12, 2012 2:13pm Mar 12, 2012 2:13pm
Been away 2 hours playing badminton and nothing has changed.

Well, i likely did not miss push-up later
They think they are smarter than I am.
  • #607,903
  • Mar 12, 2012 2:18pm Mar 12, 2012 2:18pm
A
Quoting omadivi


when you say Aud attack, does that mean you went against the Aud on all its pairs. i noticed the Aud was reading a major low on the currency meter this morning. 513pips!!..that means you must have traded aggressively...???
þ
Wow... Remember its you. Great!!! Look @ that meter exactly 6am GMT... Look for weakest pair. Observe it will run between 2 to zero. That is your weakest pair... Do an attack on it with the strongest pairs... Strongest is always Red... Wait for retrace tHén destroy the pair all you want... With a pending 2 bear awaiting and you are selling.... Then u know its pips galore. Easy.
  • #607,904
  • Mar 12, 2012 2:20pm Mar 12, 2012 2:20pm
i think this will be going an uptrend up through 1.5000 wait take profit there
  • #607,905
  • Mar 12, 2012 2:32pm Mar 12, 2012 2:32pm
Quoting micho
my chart again
tomorrow's candle is key
Absolutely, a close above or below the major support will be a massive influencer in the direction which this beast will head.
Probability Professor
  • #607,906
  • Mar 12, 2012 2:34pm Mar 12, 2012 2:34pm
Quoting rattyo
trust the market!! its there to fcuk you and everything in its way!!

markets are brutal places newbs like yourself don't last especially with cock and ball theories like the one you have baked up in order to justify being LONG
At least I have not been flushed out dear FX specialist!
  • #607,907
  • Mar 12, 2012 2:37pm Mar 12, 2012 2:37pm
Quoting ganam
its seems to be down trend
It seems like bullish to me
Attached Image (click to enlarge)
Click to Enlarge Name: Bull.PNG Size: 49 KB
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #607,908
  • Mar 12, 2012 2:46pm Mar 12, 2012 2:46pm
Once this mr. eu break the 1h 62 ema , which is 1.3153, this boring fucking game will be over and a new one will start
  • #607,909
  • Mar 12, 2012 2:49pm Mar 12, 2012 2:49pm
Hourly and 4-hour
I do not have 4-hour chart, because there is nothing important, but only trend direction – it’s bearish. Most important events for us stand at hourly chart. I suppose, you can make right conclusion by yourself. Here we have context for 3 potential DiNapoli Directional trades – B&B “Sell”, DRPO “Buy” or DRPO “Buy Failure”. All of them could be used to enter short, but at different levels, and DRPO “Buy” could be traded separately, if you’re a scalper.
So, If it will be B&B, market probably will reach either 1.3150 level or even K-resistance and pivot at first penetration of 3x3 DMA. In this case we can enter short. If it will be DRPO “Buy”, then most probable that market will reach K-area 1.3170-1.3180 and pivot point. If it will be DRPO “Failure”, then market will hardly show any significant pullback to the upside and we have to be ready to enter short. Anyway retracement should not be too deep. How to enter is up to you. You may enter right at levels by some reversal patterns at lower time frames, you may wait when hourly trend will turn bearish again and then enter – as we’ve made on previous week and catch this plunge down.
If market will move above K-resistance and pivot point – hold on, do not enter short, wait for further clarification, because this will be not quite logical price action. -Sive Morton

Conclusion:
Long-term bias holds http://www.forexpeacearmy.com/forex-...lossarlink.gif bearish , but weekly http://www.forexpeacearmy.com/forex-...lossarlink.gif time frame does not exclude some upward continuation in the way of AB=CD retracement. So, for positional traders will be safer to enter short, when and if weekly trend will turn http://www.forexpeacearmy.com/forex-...lossarlink.gif bearish . Long-term target still stands at 1.16-1.1650 area
On short-term perspective we have weekly http://www.forexpeacearmy.com/forex-...lossarlink.gif bearish engulfing pattern. We expect that by this pattern market could reach as far as 1.29-1.2950 area in nearest week or two. -Sive Morton

Thanks Sive for your banker perspective.
  • #607,910
  • Mar 12, 2012 2:49pm Mar 12, 2012 2:49pm
Quoting Avir
It seems like bullish to me
its retrace more downside to come

ill wait 8-24 hrs
rat
  • #607,911
  • Mar 12, 2012 2:55pm Mar 12, 2012 2:55pm
Quoting rattyo
its retrace more downside to come

ill wait 8-24 hrs
And when it'll keep going up all week what will you do ? Wait some more ?
  • #607,912
  • Mar 12, 2012 2:55pm Mar 12, 2012 2:55pm
Quoting pipnaija
A

þ
Wow... Remember its you. Great!!! Look @ that meter exactly 6am GMT... Look for weakest pair. Observe it will run between 2 to zero. That is your weakest pair... Do an attack on it with the strongest pairs... Strongest is always Red... Wait for retrace tHén destroy the pair all you want... With a pending 2 bear awaiting and you are selling.... Then u know its pips galore. Easy.

i will give it a shot....happy piping!!
It is possible to make large sums trading, small losses, large wins
  • #607,913
  • Mar 12, 2012 3:01pm Mar 12, 2012 3:01pm
alert: gold closed under 1700
  • #607,914
  • Mar 12, 2012 3:01pm Mar 12, 2012 3:01pm
Quoting SpacyTrader
And when it'll keep going up all week what will you do ? Wait some more ?
No Spacey. It looks like EURO is just having a day off today no real movement a bit of a breather after Friday. There has been no positive move north all day very weak.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: dx.PNG Size: 81 KB
rat
  • #607,915
  • Mar 12, 2012 3:06pm Mar 12, 2012 3:06pm
Quoting turmaz
where is every body ??

am i talking to myself

the only loser with 17 yrs of losing or some else there too who want to lose but dont want to quit the game rather want to play the game for long run?

then stop using leverage
stop just blindly saying stop using leverage!! there is nothing wrong with leverage as long as ur money management is sound with it geeze
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #607,916
  • Mar 12, 2012 3:07pm Mar 12, 2012 3:07pm
Seems to me this pair is done looking for pivot and will then drop like a rock when momentum builds up. With so much around about lawsuits in the press and internet, the Eu does not stand much of a chance, does it?
  • #607,917
  • Mar 12, 2012 3:12pm Mar 12, 2012 3:12pm
Quoting micho
anyone is short?

romanian guy where are you??
I'm here, got back from a football game..man it was cold ....if you waited for the pair to jump up to ask me if I am short, I think you kept a tight ass until now..lol.

Nicely done collecting those pips
charting the euro...
  • #607,918
  • Mar 12, 2012 3:17pm Mar 12, 2012 3:17pm
Quoting rattyo
No Spacey. It looks like EURO is just having a day off today no real movement a bit of a breather after Friday. There has been no positive move north all day very weak.
That looks exactly like the type of consolidation you'd expect before a move up. And even if it does go down without going much higher than the current level (which I dont expect) it should still take all week to get to the point where it is ready to drop. Anyway lets wait til friday and lets see who was right
  • #607,919
  • Mar 12, 2012 3:22pm Mar 12, 2012 3:22pm
Quoting SpacyTrader
That looks exactly like the type of consolidation you'd expect before a move up. And even if it does go down without going much higher than the current level (which I dont expect) it should still take all week to get to the point where it is ready to drop. Anyway lets wait til friday and lets see who was right
Oh there was a nice little Spike up! Is that the sign? few more pips in me bag http://www.forexfactory.com/images/icons/icon7.gif
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #607,920
  • Mar 12, 2012 3:26pm Mar 12, 2012 3:26pm
I have pivot on 1.31605 and it seems to respect that so far.
This timechange in the USa is making trading a bit confusing today, but it will start to move soon down.
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