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  • #639,121
  • May 3, 2012 9:09am May 3, 2012 9:09am
This is too much. Draghi didn't indicate how the recovery will be implemented while more and more bad news coming in a row from eurozone. Still market over reacting.
BTW before a retracement, 3400 remain extreme hard atm that someone dreaming here.
If bull try to move fast toward 3250, it will be a sell heaven for 100 pips.
You cannot learn better without losing
  • #639,122
  • May 3, 2012 9:11am May 3, 2012 9:11am
au & kiwi have tapped ground zero, fight is about to begin
If you are new to Forex? Say Goodbye to your account!!
  • #639,123
  • May 3, 2012 9:13am May 3, 2012 9:13am
Quoting thomas_c
3330~3335 is long term safty short area
Or maybe a good area to start setting up a strong short position and going for the kill when it drops below 1.30.

It is just my opinion and probably be best that you pay it no worth.
  • #639,124
  • May 3, 2012 9:13am May 3, 2012 9:13am
Quoting HDA
Observe,

The charts say to SHORT the EUR and Hold Shorts to 1.3050

Tomorrow is NFP - all markets will be open - lets see what happens.

Completely ignoring the news and lets see what happens
Whats your predicitons for NFP, if any??
  • #639,125
  • May 3, 2012 9:15am May 3, 2012 9:15am
i was looking to my chart and i have seen this

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  • #639,126
  • May 3, 2012 9:16am May 3, 2012 9:16am
good morning everyone
  • #639,127
  • May 3, 2012 9:22am May 3, 2012 9:22am
Quoting Piters
i agree,

the ECB press was with a bitter taste,,,
@Piters:

The Evil Speculator - long time - I see you guys having fun over at Ken's thread. Yeah - lets see what happens tomorrow.

I didn't listen to the press conference so I dont know what was said.

Im just grabbin a bite to eat here - sorry for the delayed response
  • #639,128
  • May 3, 2012 9:23am May 3, 2012 9:23am
Quoting Freshpips
Whats your predicitons for NFP, if any??
@Freshpips:

I completely ignore the news - I do not pay any attention to it.
  • #639,129
  • May 3, 2012 9:23am May 3, 2012 9:23am
Quoting Freshpips
Whats your predicitons for NFP, if any??
Last months will be revised upwards.

Tomorrows. no matter what number, will be revised upward next month.
  • #639,130
  • May 3, 2012 9:25am May 3, 2012 9:25am
Quoting HDA
@Piters:

The Evil Speculator - long time - I see you guys having fun over at Ken's thread. Yeah - lets see what happens tomorrow.

I didn't listen to the press conference so I dont know what was said.

Im just grabbin a bite to eat here - sorry for the delayed response
naah. nothing special.. a bitter sentiment.. I'll see you @ 3050
im short in EUR and Gold too..
  • #639,131
  • May 3, 2012 9:30am May 3, 2012 9:30am
Quoting X.work
My support is @ 3054, may I know how do you draw your S/R line?

also where this 3110 number comes from?

thanks
-X-
@X.work:

3110 comes from the bids that are being placed - Heavy bidding was shown to be at 3110 (yards upon yards in bids)

3054 - you have to remember, different brokers, different feeds, different time frames, different spreads but the area is just about.

Sorry for the delayed response - Im actually grabbing a bite to eat.

When you have an Institutional Account you are directly connected to the market.
  • #639,132
  • May 3, 2012 9:31am May 3, 2012 9:31am
Quoting HDA
@Freshpips:

I completely ignore the news - I do not pay any attention to it.
Hi HDA... Just want to check that all along, I mean when you turn professional, you have always ignore news in your trading method?
  • #639,133
  • May 3, 2012 9:31am May 3, 2012 9:31am
Quoting HDA
@X.work:

3110 comes from the bids that are being placed - Heavy bidding was shown to be at 3110 (yards upon yards in bids)

3054 - you have to remember, different brokers, different feeds, different time frames, different spreads but the area is just about.

Sorry for the delayed response - Im actually grabbing a bite to eat.

When you have an Institutional Account you are directly connected to the market.
Miss you muachh much..
If there was easy money lying around,no one would be forcing it into your
  • #639,134
  • May 3, 2012 9:32am May 3, 2012 9:32am
All right, let's see what's happening here.. The bottom of this whole enchilada is still at 3140.. That's the line in tha sand..

h1 is dropping, and I think it's going to get there. Howeva, h4 would very much like to visit somewhere above 3185 and that's the go/no go to 3400..

So I'll watch what happens at 3140, perty much..

Edit: Hurdle here..
  • #639,135
  • May 3, 2012 9:34am May 3, 2012 9:34am
Quoting sarahtrading
good morning everyone
morning im not really sure what you r looking for in the chart 1 and 2 to assume continuation without a pullback
  • #639,136
  • May 3, 2012 9:36am May 3, 2012 9:36am
Quoting SnaveForex
my tp at 3098 missed didnt get pick up
Such a pitty
according to my broker it went upto 1.30964 on Buy chart and according to SAXO bank it went down to 1.3096 your broker must be a cheat?
http://www.forexfactory.com/images/icons/icon14.gif
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #639,137
  • May 3, 2012 9:37am May 3, 2012 9:37am
Quoting HDA
@X.work:
3054 - you have to remember, different brokers, different feeds, different time frames, different spreads but the area is just about.
3054 for what? Yah there you will get heavy short term bidders but you will find long term buyers at 1.3030-2970.
3054 is not an important area as my point of view.
You cannot learn better without losing
  • #639,138
  • May 3, 2012 9:38am May 3, 2012 9:38am
Quoting attila
All right, let's see what's happening here.. The bottom of this whole enchilada is still at 3140.. That's the line in tha sand..

h1 is dropping, and I think it's going to get there. Howeva, h4 would very much like to visit somewhere above 3185 and that's the go/no go to 3400..

So I'll watch what happens at 3140, perty much..

Edit: Hurdle here..
Ah... let me reiterate this.. If h4 stays above 3140 you can kiss your sweet shorts good bye...
  • #639,139
  • May 3, 2012 9:39am May 3, 2012 9:39am
There occurs an early bull signal in eu & so confirmation next for 3282 breaks up or if not yet then breaks down at 3095 to continue down . anyway excercise precaution before any confirmation . lets see .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #639,140
  • May 3, 2012 9:47am May 3, 2012 9:47am
Quoting Anti_Losses
Hi HDA... Just want to check that all along, I mean when you turn professional, you have always ignore news in your trading method?
@Anti_Losses:

I use to be glued to the wires. Paying subscriptions fees to get the news first and hear what the market talk or buzz was or is. It was too much to take in. Too much to process and I got frustrated, just listening to all that information and that propelled my search to find a simplier way.

In searching I focused on the 3H and found an edge and have never looked back since. Trial and error - I didnt just pick the 3H - it's just alot of testing and testing and testing and I found something - I could understand, that was simple and that works for me.

Learning the charts, that formal practice is to look at the 5m 15m 30m 1H 4H 1D W and the M - so everyone is looking at the market that way - In order to have an edge, I need to do something completely different from what the standard practice is. So I started to look at different TFs and the 3H some how is the sweet spot. I always get the heads up of what to do, before the market realises it.

How long will it last? - I dont know - so Im making the best of it til and if things change.

I have something that works for me.

Everyone will find something that works for them, Im just sharing what works for me.

While others will scalp and make that money everyday, I prefer to wait patiently on the pay day. Either way, we are both making money regardless of how much, as long as our accounts are in the green.

To scalp takes a lot of time, energy, effort and long hours infront of the PC - Not for me
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