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EURUSD

  • #621,621
  • Apr 5, 2012 2:50pm Apr 5, 2012 2:50pm
If I was the smart money, I would think I would want to go down to the 1.3000 mark or just a few pips below, grab every bear by the fur and bulldoze on up. I would think that that would be a better plan than stopping here and making a run back up. All the bulls profit is at or just below 1.3000. I truly believe that the smart money around the London open will push down to that level, just a few below, and then if the bulls are really going to be back in this, that's when we will see the reversal, not 35-70 pips above that mark. But who knows, the bears may have the juice to break 1.3000-1.2975ish and if that happens, we won't see a reversal for some time, maybe the 1.2600 area.

I'm personally still very bearish and hoping for that break of 1.2975ish.
  • #621,622
  • Apr 5, 2012 2:52pm Apr 5, 2012 2:52pm
Quoting Rios
If I was the smart money, I would think I would want to go down to the 1.3000 mark or just a few pips below, grab every bear by the fur and bulldoze on up. I would think that that would be a better plan than stopping here and making a run back up. All the bulls profit is at or just below 1.3000. I truly believe that the smart money around the London open will push down to that level, just a few below, and then if the bulls are really going to be back in this, that's when we will see the reversal, not 35-70 pips above that mark. But who knows, the...
Good friday tomorrow dont think there will be a London open
  • #621,623
  • Apr 5, 2012 2:54pm Apr 5, 2012 2:54pm
Quoting megajester
Good friday tomorrow dont think there will be a London open
I doubt markets practice religion
In trading, you have to be defensive and aggressive at the same time
  • #621,624
  • Apr 5, 2012 2:57pm Apr 5, 2012 2:57pm
1.319x here we come. Then 1.29xx.
Time turns trend. - W.D. Gann
  • #621,625
  • Apr 5, 2012 2:58pm Apr 5, 2012 2:58pm
Quoting megajester
Good friday tomorrow dont think there will be a London open
Silly me.

Doesn't change my mind.
  • #621,626
  • Apr 5, 2012 3:02pm Apr 5, 2012 3:02pm
Quoting Davit
I doubt markets practice religion
Well the LSE is closed unitl tuesday but my trading platform trading as normal but only forex gold and silver
  • #621,627
  • Edited 3:12pm Apr 5, 2012 3:07pm | Edited 3:12pm
Exited EUR?USD with nice proffit at 1.30660, will re enter short later if the current pullback is valid

http://img708.imageshack.us/img708/4060/eurusdgf.gif
  • #621,628
  • Apr 5, 2012 3:56pm Apr 5, 2012 3:56pm
there's nothing to trade since 2 days
When life gives you lemons, make lemonade
  • #621,629
  • Edited 4:56pm Apr 5, 2012 4:39pm | Edited 4:56pm
Quoting Avir
According to the Channel between 26-02 it is going down to between 1.58-1.56. according to the Wedge between 02-05 it is going up to 1.595-1.60.
I look at 4H, 1H, 15Min, 1Min and the calendar for the news before i make my mind which way i want to go, as i said before i am still learning , hence i loose but i also make money!! all the information you need is out here in the net all you have to do is just be Smart. that doesn't make me a winner. so far i am in red!!...
Hi, this is for Davit and whoever interested in my post earlier. i was at work and i couldn't show what i meant, now i am at my home PC with touch screen where i can capture deferent image of my charts. this is how CMC charts shows Triangle says sommin, wedge says summin and the channel says summin but they all have time frame and where the price is expected to be within that time frame, all you have to do is just listen to the PA and the news and so on. that is what i do. There are so many things than these three that i can use but this is where i have started.
PS : At this min the spread on all of the big pairs looks like 12 - 4 pips and i believe it is going to be like that till Tuesday . so i am not going to trade. but will be around.http://www.forexfactory.com/images/icons/icon7.gif
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #621,630
  • Apr 5, 2012 4:39pm Apr 5, 2012 4:39pm
Quoting Avir
Happy Holidays to you all!! GL. have lot of EGGS!!
the same to you have a nice one
  • #621,631
  • Apr 5, 2012 4:40pm Apr 5, 2012 4:40pm
Back to the markets ...

Soon I will post a preliminary survey for long-range plannings and short-term strategies ...

Be aware that the major focus will be on NFP later ... which is aprox. 15 hours from now ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #621,632
  • Apr 5, 2012 4:51pm Apr 5, 2012 4:51pm
Quoting nawafasad1
the same to you have a nice one
No work, no trading, lots of family time, quality time, Kids time and shopping.!! Thank you.
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #621,633
  • Apr 5, 2012 4:53pm Apr 5, 2012 4:53pm
Quoting TraderBoyFF
short term, i'm talking about h1, don't you think a small upside move could follow?

i think sellers could be exhausted for the moment and we could see a long , slow, crawling move to the upside, even if it's just a small one that's good for 10- 30 pips max.
sure its in my chart showing that i m looking for more than 30 pips as we r in wave 4 which will be overlapping and corrective and it might go to the levels shown on the chart 1.3115 and the max should be around 1.3166 . i m sorry for the late reply . but these are quide lines of the waves and i measure them as they form in 3or5 waves but the main trade is to get short on the pullback as i was explaining earlier
  • #621,634
  • Apr 5, 2012 5:03pm Apr 5, 2012 5:03pm
This is an 8-hours grafical view of our beloved EUR/USD pair ...

2012-04-05_23h55 - NetDania _ EURUSD _ 480min _ W-14 _ EWO + PSAR + TL

I do remember that our friend from Basel Stadt und Land did use this kind of a trendline too ...

#7154

At least in a similar way ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #621,635
  • Apr 5, 2012 5:06pm Apr 5, 2012 5:06pm
Quoting Avir
No work, no trading, lots of family time, quality time, Kids time and shopping.!! Thank you.
yes same here mate i m planning something for the kids and the rest of the family and i mtaking a rest its been a very good week see you after the holiday
  • #621,636
  • Apr 5, 2012 5:36pm Apr 5, 2012 5:36pm
any ideas on how to prepare for a profitable trade in the upcoming NFP news?
  • #621,637
  • Apr 5, 2012 5:48pm Apr 5, 2012 5:48pm
Long from 1.3060 TP 1.3235

Will add long again in case we reach 1.2920
  • #621,638
  • Apr 5, 2012 5:52pm Apr 5, 2012 5:52pm
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
tomorrow, volatility or side?
give 1 and get 100
  • #621,639
  • Apr 5, 2012 5:53pm Apr 5, 2012 5:53pm
Quoting 4rextrader
any ideas on how to prepare for a profitable trade in the upcoming NFP news?
are you for real?
When life gives you lemons, make lemonade
  • #621,640
  • Apr 5, 2012 5:53pm Apr 5, 2012 5:53pm
Quoting duca
tomorrow, volatility or side?
tomorrow anything can happen based on the charts because there is indecision in every pair in my opinion
When life gives you lemons, make lemonade
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