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  • #617,281
  • Mar 28, 2012 11:15pm Mar 28, 2012 11:15pm
Quoting Kowalczyk
We might retest during European session. But so far, it looks strong.
I hope everyone has luck with there short.
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  • #617,282
  • Mar 28, 2012 11:18pm Mar 28, 2012 11:18pm
Quoting KillerWhale
I hope everyone has luck with there short.
I thought you were bearish. Are you short, long or waiting?

and

Asia did not stop hunt. That means there are probably a lot of sell orders in the 1.3335 area. But then again, you never really know. Europe might be getting ready for a massive short squeeze. You can only play the hand given to you.
  • #617,283
  • Mar 28, 2012 11:24pm Mar 28, 2012 11:24pm
Quoting ForExtraPips
I just went long to go for the ride with the sharks. tp @ 1.3349
Long position will be started at 1326x target 1336x.
  • #617,284
  • Mar 28, 2012 11:27pm Mar 28, 2012 11:27pm
Quoting Kowalczyk
I thought you were bearish. Are you short, long or waiting?

and

Asia did not stop hunt. That means there are probably a lot of sell orders in the 1.3335 area. But then again, you never really know. Europe might be getting ready for a massive short squeeze. You can only play the hand given to you.
I'm short since hours, kind of heavy, entries from 1.3333 - 1.3310. That's why I wish you luck with your shorts
Target 1.3237 = 76.4% Fib
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  • #617,285
  • Mar 28, 2012 11:30pm Mar 28, 2012 11:30pm
Quoting KillerWhale
I'm short since hours, kind of heavy, entries from 1.3333 - 1.3310. That's why I wish you luck with your shorts
Target 1.3237 = 76.4% Fib


If we do start falling, I think it will be around 4 or 5 AM (EST).

I do not really rely on this because of too many false positives, but a rising triangle suggests we might see 1.333x again.
  • #617,286
  • Mar 28, 2012 11:36pm Mar 28, 2012 11:36pm
Quoting Kowalczyk


If we do start falling, I think it will be around 4 or 5 AM (EST).

I do not really rely on this because of too many false positives, but a rising triangle suggests we might see 1.333x again.
I know, but lets hope for the best, I have 11 entries short starting 15 hours ago so it's about time we see some action during London
And enough hurdles to go like Frankfurt and Dubai and everything in between. Even Amsterdam where I was born plays a role.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #617,287
  • Mar 28, 2012 11:48pm Mar 28, 2012 11:48pm
eur usd... have some problems in my mind..@ h1 .. it have HD .. and @ h4 .. have rd ... i mixed up...!!!
  • #617,288
  • Mar 29, 2012 12:02am Mar 29, 2012 12:02am
Na jai raftam, Na pai mandam
(No space ahead, cannot step back)

A situation, everyone knows how to expoit and make money.
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The Thief of Wall Street
  • #617,289
  • Mar 29, 2012 12:04am Mar 29, 2012 12:04am
Quoting Kowalczyk
We might retest during European session. But so far, it looks strong.
lack of momentum so far...
but 34-35 is one big barrier for bull..
if we get above it..
i will probabli close my short
Patience, Emotion Control and Discipline.
  • #617,290
  • Mar 29, 2012 12:05am Mar 29, 2012 12:05am
Quoting johncen
lack of momentum so far...
but 34-35 is one big barrier for bull..
if we get above it..
i will probabli close my short
Yeah, my SL (1.3345) is just enough to survive a stop hunt but close my position in case of a breakout.
  • #617,291
  • Mar 29, 2012 12:09am Mar 29, 2012 12:09am
Quoting KiwiTrada
hahaha not quite, nothing garaunteed in forex but good rule of thumb is s&r is stronger than tl,s
if pa going up 1st touch is originator 2nd is 1st hint defenders is there 3rd rejection is confirmation defenders there, problem is by the time this all happen is no trades lol
I beleive s&r tl,s channels etc are good until they arnt.

The rule is different with candles 1st high is originator of high 2nd can defend ie double top, but 3rd tap is sometime ok maybe partial, but that rule of thumb is sell 2nd tap, wary or set buy just above to grab if...
It's really Good advice and explaint...
Always looking the GREAT, never left GOOD Point...
  • #617,292
  • Mar 29, 2012 12:15am Mar 29, 2012 12:15am
AUUUUUUUAHHH, SLEEPY
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Good thoughts and actions can never produce bad results.
  • #617,293
  • Mar 29, 2012 12:18am Mar 29, 2012 12:18am
Quoting Chicky
Na jai raftam, Na pai mandam
(No space ahead, cannot step back)

A situation, everyone knows how to expoit and make money.
Of Course
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  • #617,294
  • Mar 29, 2012 12:23am Mar 29, 2012 12:23am
G'day...looks like boring Asian session will be more dynamics soon. I reckon it's going to be similar scenario from yesterday : sudden break to north 1.33500-33600 area then recovery further south 1.32800-1.32500.

cheers
A.
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Less is more...
  • #617,295
  • Mar 29, 2012 12:31am Mar 29, 2012 12:31am
Quoting the redlion
so no one can really give me any useful information or actually knows the purpose of using a trend line on a chart?

by the way, what is a chart? and what does it really measure?

chart measures the total number of candles per day. total number of candles can be used to find growth in price level.

trend line is a line, which will assure the price will go in the same direction until the trend line breaks.
  • #617,296
  • Mar 29, 2012 12:31am Mar 29, 2012 12:31am
Quoting KillerWhale
Of Course
A couple of years ago, we had a similar set-up on daily. I remember when it did not form a head and shoulder (passed above the right shoulder), everyone was still expecting a down move. But it went higher and higher not to return back in months.

Don't know how it will behave this time, therefore going with my secret method.
The Thief of Wall Street
  • #617,297
  • Mar 29, 2012 12:43am Mar 29, 2012 12:43am
Quoting Chicky
A couple of years ago, we had a similar set-up on daily. I remember when it did not form a head and shoulder (passed above the right shoulder), everyone was still expecting a down move. But it went higher and higher not to return back in months.

Don't know how it will behave this time, therefore going with my secret method.
Visual.
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The Thief of Wall Street
  • #617,298
  • Mar 29, 2012 12:49am Mar 29, 2012 12:49am
Quoting robert7
chart measures the total number of candles per day. total number of candles can be used to find growth in price level.

trend line is a line, which will assure the price will go in the same direction until the trend line breaks.

so you think that the candles you see on your screen is actually the market?
AVT INVENIAM VIAM AVT FACIAM
  • #617,299
  • Mar 29, 2012 12:50am Mar 29, 2012 12:50am
Quoting Chicky
Visual.
Could your explain your "secret" method?Without making you feel unspectacular
In trading, you have to be defensive and aggressive at the same time
  • #617,300
  • Mar 29, 2012 12:51am Mar 29, 2012 12:51am
Quoting the redlion
so you think that the candles you see on your screen is actually the market?
No.These candles are for aromatic candle light sex.
The Thief of Wall Street
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