EURUSD

wait for the dust to settle guys...1.23219 to be broken for a move down
long entry depending upon how this 15min candle close

US news is fkind bad which increasing QE3 probability. Still euro heading down.
Euro really a fkin crap, AUD too. lol

Blue pills for Gold ...its Viagra news...lets see if it can hold or need other medications

It looks seems hit 1.2350 for stay below 1.2300 today

As I thought, stops grabbed below the figure and shorts will soon be running for the exits.

Hope you guys had a good news trading run.

My broker failed to execute my USD/JPY, XAU/USD and USD/CHF trades. Steaming so bad right now.

Don't think so. I am reloading on my shorts.

Change your bucket shop!

USA is not better than EU.
Crap & crap numbers weeks after weeks.

Can't wait for the US dollar to be sold off

It's actually an ECN broker. The trades just didn't get executed. Argh.

Look for 1.24

Good for u ...we all need wait ...its playing KongFu

I agree, the bounce is temporary, but I'm not sure how far it could go before reversing.

+ 30 pips in less than 10 minutes

Retrace to 1,25-26? Let's see... if yes, then SELL!

right now we are in a battle, lets see who will win and accordingly will jump in that train

no entry yet...still not confirmed...the price is dancing...
alot of pressure from bear to pull it back down...

Man. maybe you missed the part where I said there are lots of ways to trade the market. or somehow thought that statement REALLY was saying "trend trading is for losers".... i'm not sure. but never did I say this, or imply it.

If your kicking butt... congratulations. I'm not saying following the trend is bunk. I'm just saying there was darn good reason for a bounce there, but you wouldn't know that by looking at a chart alone. You can take that information and maybe decide to incorporate it to help tell you when a potential target is likely to not get hit... or at least when to becareful and move stops up.

or you can not take it.... and sometimes come up against guys like me who know about it and are using it to get an edge that you may not have seen.

I don't know why my explanation of a different yet very real aspect of the market was taken by you and turned into an "anti-trend following" argument.

I never said anything with regards to trend following being good or bad. I only said that you better believe that there are ways to determine where orders are in the markets, from time to time...without guesswork, and strategies could be developed to take advantage of that.

Do what you will with it, or ignore it. Just know that it is real, and I'm not the only trader out there who knows about this and uses it as part of a strategy.

For the record, i'm a pretty strong believer in following the trend in many cases... I just don't view it as part of my personal trading identity, or as "the only way" to do it. And sometimes, when situations like the one I brought up tonight arise, I will deviate from trend following because for those 25 pips... it was better to do so.

I'm flexible... both in my market interactions as well as my paradigms from which I view the markets. To each their own.... right?

X

You sadist... Hate you.

An ECN with 'last look', sounds like. There are better alternatives, true neutral exchanges.

I have sell limits going up to 1.2500


There isn't any reason to be going long, and any sign that the bounce is done will restart the downtrend.


Keep your eyes open JFK - a great opportunity is going to happen at some point today