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  • #611,761
  • Mar 19, 2012 1:15pm Mar 19, 2012 1:15pm
Quoting KillerWhale
No I don't.
I want it to stop @ 1.3300 and then dive.
3245 50.0, 3310 61.8 retracement

supply above.... we should get a cheap short here at this area.... good spot as long as we dont print a new HH

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.19.3.2012.jpg Size: 138 KB
Hero calls followed by margin calls...
  • #611,762
  • Mar 19, 2012 1:22pm Mar 19, 2012 1:22pm
Hourly close below 1.3234 would be nice..
69
  • #611,763
  • Mar 19, 2012 1:28pm Mar 19, 2012 1:28pm
Quoting pipnaija
Haahahahahahahahah..... OOPS!!! You seem to be jumping down....
i sent you a pm, you have not responded...i was hoping you could help me with the "phenomenon" indi..i've noticed that its tp areas are relatively accurate..hope you closed your basket well?
It is possible to make large sums trading, small losses, large wins
  • #611,764
  • Mar 19, 2012 1:29pm Mar 19, 2012 1:29pm
Quoting dswk
4 shorters (actually) ... Markets move fast but .... Take care on the 2 last up....

http://www.youtube.com/watch?v=BruEmB7_1ok

LOL

Thanks for sharing this, I lost 6 years of my life to LSD and this CD - Crime of the Century

  • #611,765
  • Mar 19, 2012 1:30pm Mar 19, 2012 1:30pm
Lost some money on a slow market. Great Day really ......
  • #611,766
  • Mar 19, 2012 1:31pm Mar 19, 2012 1:31pm
i think we will see an other push towards 60-70 before NY closes...
i wonder if it breaks through this time...
'You must be the change you wish to see in the world' . Gandhi
  • #611,767
  • Mar 19, 2012 1:37pm Mar 19, 2012 1:37pm
Quoting phxmike
i think we will see an other push towards 60-70 before NY closes...
i wonder if it breaks through this time...
why do you think that?
69
  • #611,768
  • Mar 19, 2012 1:42pm Mar 19, 2012 1:42pm
red candles...is it the sign for down move? lols...
follow the flow of music $
  • #611,769
  • Mar 19, 2012 1:43pm Mar 19, 2012 1:43pm
Quoting MrBurns
Lost some money on a slow market. Great Day really ......
aint a slow day imho... we travelled 120 pips today on atr
Hero calls followed by margin calls...
  • #611,770
  • Mar 19, 2012 1:44pm Mar 19, 2012 1:44pm
Quoting ganam
red candles...is it the sign for down move? lols...
obv. depends on the place,the size, the speed etc....

oO
Hero calls followed by margin calls...
  • #611,771
  • Mar 19, 2012 1:44pm Mar 19, 2012 1:44pm
Quoting Likerty
why do you think that?
simple psychology
we jumped more than a 100 pips since morning low and it was a sudden jump
read back the topic everybody was speaking about shorting this pair
so probably a lot of people have stuckk in short
they still hope that this is just a spike and it will come down
but on a 30min after several candles i still dont feel any strong sell pressure on it
if the price will remain at this level and tries to stabilize then probably the majority of the daytraders and scalpers will give up before new york closes and they will cover their short positions which will lead to a short squeeze again (they dont like to keep positions overnight)

so if we dont fall from here then it will attack higher ground again

but.. this is just theory, will see what happens
'You must be the change you wish to see in the world' . Gandhi
  • #611,772
  • Mar 19, 2012 1:44pm Mar 19, 2012 1:44pm
Quoting Likerty
Hourly close below 1.3234 would be nice..
why ?
Hero calls followed by margin calls...
  • #611,773
  • Mar 19, 2012 1:44pm Mar 19, 2012 1:44pm
Quoting ganam
red candles...is it the sign for down move? lols...
If it was that easy...!
COT: The precious data ignored
  • #611,774
  • Mar 19, 2012 1:45pm Mar 19, 2012 1:45pm
Quoting PhAnTi'
aint a slow day imho... we travelled 120 pips today on atr
when u are losing money,market looks slow and boring

closed my short with 2 pips....going to bed,tomorrow is another day...
There is no substitute of hard work and experience. $ € £ ¥
  • #611,775
  • Mar 19, 2012 1:50pm Mar 19, 2012 1:50pm
Quoting PhAnTi'
why ?
It would bring m5 range one dustbin level lower - closer to my Pt's
69
  • #611,776
  • Mar 19, 2012 1:53pm Mar 19, 2012 1:53pm
market is slow, its my new trend line..need to broke for further high ..other wise expecting down trend
Attached Image (click to enlarge)
Click to Enlarge Name: euro4 hr.png Size: 55 KB
follow the flow of music $
  • #611,777
  • Mar 19, 2012 1:54pm Mar 19, 2012 1:54pm
Quoting pip.com
when u are losing money,market looks slow and boring

closed my short with 2 pips....going to bed,tomorrow is another day...
good night
Trade What You See Not What You Want To See
  • #611,778
  • Mar 19, 2012 1:57pm Mar 19, 2012 1:57pm
Quoting phxmike
simple psychology
we jumped more than a 100 pips since morning low and it was a sudden jump
read back the topic everybody was speaking about shorting this pair
so probably a lot of people have stuckk in short
they still hope that this is just a spike and it will come down
but on a 30min after several candles i still dont feel any strong sell pressure on it
if the price will remain at this level and tries to stabilize then probably the majority of the daytraders and scalpers will give up before new york closes and they will cover their short...
But it could be mega size short order accumulation going on also.. May be this area was tp from a buy-ins at 1.3003 level?
69
  • #611,779
  • Mar 19, 2012 2:01pm Mar 19, 2012 2:01pm
I am long NZDUSD
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  • #611,780
  • Mar 19, 2012 2:08pm Mar 19, 2012 2:08pm
Quoting ganam
market is slow, its my new trend line..need to broke for further high ..other wise expecting down trend
Market ain't slow.

And in my opinion try to look at both side of the market instead of shorting it only.

I don't know nothing about trendlines, because it's really hard to draw them, only horizontal support/resistance seem to work for me.

But by the look of your trendlines, it's like you take a short, then draw some lines after taking that short, that's why your earlier short didn't work out very well

And on your earlier short, you said we had to go long if it broke the upper trendline...why didn't you go long ? you could have taken an easy 50 pips.
I think because your mind is stuck on the short side of the market...it's only my opinion i could be totally wrong.
COT: The precious data ignored
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