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  • #644,501
  • May 17, 2012 9:23pm May 17, 2012 9:23pm
still pinkish
  • #644,502
  • May 17, 2012 9:25pm May 17, 2012 9:25pm
Quoting ganam
in gbpjpy any possibility to going up, i am holding some longs, i know its not gbp thread, pls help
I watching geppy, by the looks you not use stop loss , bro geppy is not called the beast for nothing, if BOJ intervened now you would be sweet, if they dont you in big trouble.
That was a mean dumping, yesterday and continuing this morning, I have a zone if it holds I ll be looking to add shorts, if it breaks it will most likely get my trailing above,
geppy zone for today 125 20 - 125 33 asia marker 125 19

Take a friendly advice. leave geppy alone, or atleast use stop, she is at historical low, looking weekly monthly charts, but hell she been here a long time, if you prepared to drown for a few weeks or months maybe even years, could be ok
BOJ intervene next hour you be ok, you probaably hurting now, your problem is how much pain can you take before help comes, personally you between a rock and a bigger rock, sorry cant be more helpful, but is lesson to use stop loss every time
I do have a 200sma daily at 124 30ish but not much else
If you are new to Forex? Say Goodbye to your account!!
  • #644,503
  • May 17, 2012 9:29pm May 17, 2012 9:29pm
Quoting pkimnyc
yes bro, it would have been very nice if it wasn't for 4hr 81 st also... pointing down at the moment.
Actually, I see clear divergences of RSI and Momentum on H4, also slight MACD divergence. These things don't necessarily make a reversal, but bear should be cautious.
  • #644,504
  • May 17, 2012 9:32pm May 17, 2012 9:32pm
do you think this Asia session will get 1.2666? Doesn't seem like much Momentum what you got?
  • #644,505
  • May 17, 2012 9:33pm May 17, 2012 9:33pm
Quoting binFX
Actually, I see clear divergences of RSI and Momentum on H4, also slight MACD divergence. These things don't necessarily make a reversal, but bear should be cautious.
my biggest concern is the 4hr stoch. it's pointing down. it clashes with bullish divergence.
  • #644,506
  • May 17, 2012 9:41pm May 17, 2012 9:41pm
Quoting pkimnyc
my biggest concern is the 4hr stoch. it's pointing down. it clashes with bullish divergence.
Stoch always give fake signal in trending market, hence I don't consider it here. Ah, well, maybe because I'm holding long
  • #644,507
  • May 17, 2012 9:42pm May 17, 2012 9:42pm
Quoting binFX
Actually, I see clear divergences of RSI and Momentum on H4, also slight MACD divergence. These things don't necessarily make a reversal, but bear should be cautious.
you migth do better trading you throw away indicators, they so far lagging is criminal.
Have you ever heard HH Hl HH HL Lh LL LH LL this might help you save smoe money, raw pa.
go daily ll lh ll lh go 4hr ll llh ll lh go 1hr ll lh ll lh why the hell is still looking to pick bottom, smelly finger shit, why not wait till her start making some hh hl etc, this picking bottom crap, is getting annoying, you sure you not a bear want ing everyone to buy this turd,, yes it will go up but surely you need better confirmation than stupid lagging bs indicators , is friendly advice
If you are new to Forex? Say Goodbye to your account!!
  • #644,508
  • May 17, 2012 9:47pm May 17, 2012 9:47pm
Quoting KiwiTrada
you migth do better trading you throw away indicators, they so far lagging is criminal.
Have you ever heard HH Hl HH HL Lh LL LH LL this might help you save smoe money, raw pa.
go daily ll lh ll lh go 4hr ll llh ll lh go 1hr ll lh ll lh why the hell is still looking to pick bottom, smelly finger shit, why not wait till her start making some hh hl etc, this picking bottom crap, is getting annoying, you sure you not a bear want ing everyone to buy this turd,, yes it will go up but surely you need better confirmation than stupid lagging...
Thanks Kiwi! I understand what you say. I have covered all my short ~1.27 and start to long small lots BE~1.27 looking for a bounce as I said. Actually, I'm not very confident with my longs looking at USDX and stocks, but I will try and will cut all on a daily close under 1.2625, just small lots.
  • #644,509
  • May 17, 2012 9:48pm May 17, 2012 9:48pm
Quoting quidproquo
do you think this Asia session will get 1.2666? Doesn't seem like much Momentum what you got?
am looking lot lower, 2666 yes is last low, 1st fence, can bull defend it, who knows, I have next support 2626, need watch other ladies for clues, aussie has just retest breached support, 1st tap rejected kiwi did the same, they eu sisters, if 2 out of 3 fall further, pretty good chance 3rd will follow, nothing gauranteed, just forex is cruel business sometimes

pay to see if they can keep making new lows, for now, no way am going suggest sell support, but i will do what I do best
If you are new to Forex? Say Goodbye to your account!!
  • #644,510
  • May 17, 2012 9:49pm May 17, 2012 9:49pm
Quoting binFX
Stoch always give fake signal in trending market, hence I don't consider it here. Ah, well, maybe because I'm holding long
cycle is cycle. it has to clear out. and it's telling me the down cycle isn't over yet.
  • #644,511
  • May 17, 2012 9:51pm May 17, 2012 9:51pm
Quoting KiwiTrada
you migth do better trading you throw away indicators, they so far lagging is criminal.
Have you ever heard HH Hl HH HL Lh LL LH LL this might help you save smoe money, raw pa.
go daily ll lh ll lh go 4hr ll llh ll lh go 1hr ll lh ll lh why the hell is still looking to pick bottom, smelly finger shit, why not wait till her start making some hh hl etc, this picking bottom crap, is getting annoying, you sure you not a bear want ing everyone to buy this turd,, yes it will go up but surely you need better confirmation than stupid lagging bs...

Gold and silver are good indicators too, I would check them every now and then.
  • #644,512
  • May 17, 2012 9:53pm May 17, 2012 9:53pm
Hmmmmm...............
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdd1.jpg Size: 86 KB
Time turns trend. - W.D. Gann
  • #644,513
  • May 17, 2012 9:56pm May 17, 2012 9:56pm
Quoting ForExtraPips
Hmmmmm...............
lol. would be sweet if we can get a bounce to 1.30, wouldn't it?
  • #644,514
  • May 17, 2012 9:58pm May 17, 2012 9:58pm
Quoting pkimnyc
lol. would be sweet if we can get a bounce to 1.30, wouldn't it?
Indeed!!!!
Time turns trend. - W.D. Gann
  • #644,515
  • May 17, 2012 10:00pm May 17, 2012 10:00pm
Quoting KiwiTrada
you migth do better trading you throw away indicators, they so far lagging is criminal.
Have you ever heard HH Hl HH HL Lh LL LH LL this might help you save smoe money, raw pa.
go daily ll lh ll lh go 4hr ll llh ll lh go 1hr ll lh ll lh why the hell is still looking to pick bottom, smelly finger shit, why not wait till her start making some hh hl etc, this picking bottom crap, is getting annoying, you sure you not a bear want ing everyone to buy this turd,, yes it will go up but surely you need better confirmation than stupid lagging...
true, most indicators do lag. using indicators like rsi and macd to spot divergence is different though. Momentum is a leading indicator. It gives clues as to what may happen in the future. And the stochastic is excellent for identifying cycle highs and lows.
  • #644,516
  • May 17, 2012 10:08pm May 17, 2012 10:08pm
Thanks for the heads up...I'll look at Aussie too (per your suggestion)
  • #644,517
  • May 17, 2012 10:09pm May 17, 2012 10:09pm
Quoting GreatNorth
Long at 2672 Target 2721
Quoting jajano
where is your SL ?? better watch out.
and good luck to you
My SL was just below my entry (9pips) and I've now locked it in for BE+1.
  • #644,518
  • May 17, 2012 10:12pm May 17, 2012 10:12pm
Quoting ganam
in gbpjpy any possibility to going up, i am holding some longs, i know its not gbp thread, pls help
trade what you see, not what you think.

goodluck

  • #644,519
  • May 17, 2012 10:35pm May 17, 2012 10:35pm
I'm looking for 2395/2400. This target may reach by Tuesday.
When Scalpers win, I lose and Vice varsa...
  • #644,520
  • May 17, 2012 10:39pm May 17, 2012 10:39pm
Quoting GreatNorth
My SL was just below my entry (9pips) and I've now locked it in for BE+1.
is good idea lock in 1 pip
all ladies are bouncing in little 15 minute bear flag, however overall they at supports, time will tell if little flag bear fruit for me, or good rally up for bull, I am bear supporter even at this big support
If you are new to Forex? Say Goodbye to your account!!
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