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  • #612,501
  • Mar 20, 2012 11:41am Mar 20, 2012 11:41am
Quoting mohan76
different broker have different closing time
All the indi's/EA's I use are broker-time-aware, I use own-programmed date-time functions to allways work on UTC, no matter if broker is WET, WEST, etc.

  • #612,502
  • Mar 20, 2012 11:42am Mar 20, 2012 11:42am
Quoting Kowalczyk
1.3243

http://www.actionforex.com/markets/p...2010040846445/
Thanks every1 on the confirmation. Its close to what I have its a little lower actually.

I just manually calculated it though. Using the Pivot though on the H L C and O / 4
  • #612,503
  • Mar 20, 2012 11:48am Mar 20, 2012 11:48am
Quoting mohan76
i don't see any fight , it's just hug and kisses (no volume)
nooohono this is accumulation
big players accumulating shorts and then they fire the rocket unexpectedly and we see a nice spike as short squeeze
i thought that yesterday too but it did not happen
so i bought today at the bottom and sold it when it came up here but...
i cant resist i bought it again will see..
'You must be the change you wish to see in the world' . Gandhi
  • #612,504
  • Mar 20, 2012 11:53am Mar 20, 2012 11:53am
Quoting phxmike
nooohono this is accumulation
big players accumulating shorts and then they fire the rocket unexpectedly and we see a nice spike as short squeeze
i thought that yesterday too but it did not happen
so i bought today at the bottom and sold it when it came up here but...
i cant resist i bought it again will see..
late UA session was dead from last week, today can be different ,only 1.5 h left ?
Mohan
  • #612,505
  • Mar 20, 2012 11:56am Mar 20, 2012 11:56am
Only last night almost all traders here were bearish now all are bullish and the strange thing all are winners except for me :-)
Forex will make you loose but you will stay gambling
  • #612,506
  • Mar 20, 2012 11:58am Mar 20, 2012 11:58am
i really dont know why ppl are so much bullish on this pair its just a matter of time that i will free fall

today as i expected after breaking 1.3180 a bounce a final bounce to the upside, i will give u reason why i say so look at the chart attached in the chart there is up trend on 1 hr time frame then another up trend and when ever a trend changes and price come down after that price go up to that uptrend line to kiss good bye the trend

see attachment
Attached Image (click to enlarge)
Click to Enlarge Name: usd 1.gif Size: 22 KB
  • #612,507
  • Mar 20, 2012 12:01pm Mar 20, 2012 12:01pm
Quoting Jawadnimri
Only last night almost all traders here were bearish now all are bullish and the strange thing all are winners except for me :-)
im flat, i lost a little bit today to, so you`re not the only, cheer up
  • #612,508
  • Mar 20, 2012 12:02pm Mar 20, 2012 12:02pm
Quoting yameen.forex
Hi Hookem,

I also shorted around the same price due to the same reasons you wrote. Do you consider false break on M15 MB to be reliable signal? I took the trade because of false break on H1.

Cheers
Yam
Hi Yam,
Just saw your post. I don't usually make long term trades based on 15 minute candles unless there is extra confirmation. When the market is moving in a tighter range, I switch to short term strategies and try to get 20-25 pips based on similar 15 minute patterns.
This time the 15 minute falling star closed below the 50 fib at the end of the London session.
Also, the rapid ascent of the previous two moves to new highs meant that when today's rally failed, it would have a significant impact on both bulls and bears expectations.
Also, while I don't make decisions solely off fundamentals, it's hard to ignore the hideous economic stats out of the EZ. The only way out of their doldrums will be to increase exports because their citizens' purchasing power is decreasing every day. They have a mountain of debt. Their unemployment rate outside of Germany is still rising. Not sure how they can tackle these issues without easing through debt monetization, lowering interest rates or some other measure which would debase their currency. I want to be short when this news hits the press.
  • #612,509
  • Mar 20, 2012 12:05pm Mar 20, 2012 12:05pm
Hello, do you have any comments on EURUSD resistance levels?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD M5.jpg Size: 90 KB
Click to Enlarge Name: EURUSD H1.jpg Size: 130 KB
  • #612,510
  • Mar 20, 2012 12:10pm Mar 20, 2012 12:10pm
triangle is forming... but pattern deteriorating because of low volume..
69
  • #612,511
  • Mar 20, 2012 12:17pm Mar 20, 2012 12:17pm
Quoting mohan76
late UA session was dead from last week, today can be different ,only 1.5 h left ?
i dont know maybe, it worth a try so i did
but today japan was closed so i expect that the following asia session will be more exciting then the US now
unfortunately i dont trade asia session because for me it is night time (i am GMT+1)
so...hmm i guess if nothing happens during new york then i will close it, i will not risk it through asia without being able to see it...
'You must be the change you wish to see in the world' . Gandhi
  • #612,512
  • Mar 20, 2012 12:23pm Mar 20, 2012 12:23pm
Quoting Likerty
triangle is forming... but pattern deteriorating because of low volume..
And.. here is volume
69
  • #612,513
  • Mar 20, 2012 12:23pm Mar 20, 2012 12:23pm
Or have a suggestion for EURUSD?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M15.jpg Size: 113 KB
  • #612,514
  • Mar 20, 2012 12:28pm Mar 20, 2012 12:28pm
Seems like the golden cross is in play for the FXCM USDOLLAR index. Thinking USD going higher within next 8 hours.
  • #612,515
  • Mar 20, 2012 12:28pm Mar 20, 2012 12:28pm
I a expecting the bear to touch the bull candle for go long .
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 25 KB
  • #612,516
  • Mar 20, 2012 12:31pm Mar 20, 2012 12:31pm
Honestly, you would have to be a fool to short this market (at least in my opinion).
  • #612,517
  • Edited 1:19pm Mar 20, 2012 12:37pm | Edited 1:19pm
I'm willing to sell around 1.3235. Still holding longs on GU side (only expecting ~1.587).
  • #612,518
  • Mar 20, 2012 12:47pm Mar 20, 2012 12:47pm
Quoting Kowalczyk
Honestly, you would have to be a fool to short this market (at least in my opinion).
I'm shorting

You can all ways short and long at the same time - it is really dependant on your own goals.. My todays goal is to catch retracement to 1.3185.. Will it go further? Time will tell...
69
  • #612,519
  • Mar 20, 2012 12:50pm Mar 20, 2012 12:50pm
Quoting Kowalczyk
Honestly, you would have to be a fool to short this market (at least in my opinion).

everyone with his method! what you cant do , some of us can - and viceversa!
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 33 KB
fokyou forexfactory
  • #612,520
  • Mar 20, 2012 12:54pm Mar 20, 2012 12:54pm
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fokyou forexfactory
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