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  • #661,241
  • Jun 22, 2012 9:01am Jun 22, 2012 9:01am
Quoting bguguen
yet another muppet... iggy list he goes.... cant be bothered to deal with braggers....
lol ignore me then its an internet forum... lol people are so serious on the internet
  • #661,242
  • Jun 22, 2012 9:02am Jun 22, 2012 9:02am
Rallies from 1.2550 to 1.27 --> 1.28 within the next 3 hours! 1.30 within the week!

Suddenly drops from 1.27 to 1.2550 --> OMG WTF SELL SELL SELL!!! 1.24 by US session! Say bye bye eurozone!

  • #661,243
  • Jun 22, 2012 9:02am Jun 22, 2012 9:02am
Quoting mab41487
lol your so funny, i am being humble. its called motivating others.

i was simply saying that just because there is one 40 pip spike doesnt mean the trend is reversing from down to up. when price moves 40 pips in 10 minutes its usually a fakeout, trap, etc price takes its time to move where its going.

patience is the most annoying part of trading but it is absolutley nec
the only bad thing with spikes is they take out s/l and t/p aswell
  • #661,244
  • Jun 22, 2012 9:03am Jun 22, 2012 9:03am
Quoting tashkent
Looking at 4H chart EU has been on uptrend, it was only yesterday's down movement did not quite fit in the picture. Everybody says it is bear market, but for me it is the continuation of the uptrend from 1.23 and only another close below 1.24 will confirm that it may try to retest the 1.23 again. Or am I wrong?
Just trade your own plan.
  • #661,245
  • Jun 22, 2012 9:06am Jun 22, 2012 9:06am
Quoting swing 123
two important Nos.

1. 55
2. 648

lets c how they react and close on hourly and 4hrly basis.

hrly closed on top of both hmm...........
  • #661,246
  • Jun 22, 2012 9:06am Jun 22, 2012 9:06am
When everyone says is long, go short on high. When everyone says is short, go long on low.
  • #661,247
  • Jun 22, 2012 9:08am Jun 22, 2012 9:08am
Quoting klopfzeichen
Position: Long 50,000 EURUSD @ 1.25606

Looking for 10 pips, even more. Bulls to the rescue.
That was it, 20 pips on the bag.
  • #661,248
  • Jun 22, 2012 9:11am Jun 22, 2012 9:11am
Quoting 5percent
When everyone says is long, go short on high. When everyone says is short, go long on low.
Good advice.
  • #661,249
  • Jun 22, 2012 9:12am Jun 22, 2012 9:12am
Quoting 5percent
When everyone says is long, go short on high. When everyone says is short, go long on low.
I am both long and short.

WHERE IS YOUR GOD NOW?!
  • #661,250
  • Jun 22, 2012 9:14am Jun 22, 2012 9:14am
Quoting tashkent
Looking at 4H chart EU has been on uptrend, it was only yesterday's down movement did not quite fit in the picture. Everybody says it is bear market, but for me it is the continuation of the uptrend from 1.23 and only another close below 1.24 will confirm that it may try to retest the 1.23 again. Or am I wrong?
Only correction ... IMO
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 39 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #661,251
  • Jun 22, 2012 9:15am Jun 22, 2012 9:15am
I use:
Risk Reward of 2:1 or greater.
never risk more than 2%.
S/R
Candlestick Patterns
Price Patterns (Gartley, Double Tops, Butterfly, Etc)
Fibonacci
Previuos significant Daily Highs and Lows
Weekly Pivots on all TF (daily chart has monthly
MACD
Time of day (liquiditiy)
ADR
Fundies
Trade with the trend = more pips
Trade counter trend = small profits
Swing points
10DMA

I feel nothing and accept the market is not perfect, and NO CHASING!
  • #661,252
  • Jun 22, 2012 9:16am Jun 22, 2012 9:16am
Merkel: Will do everything to fight for euro

 

  1. Growth and employment now must become the focus
  2. Supports EUR 130 bln spending package
  3. EU countries must work more closely together
  4. Calls for stronger political union

Monti: The euro is here to stay

How to Win at Sports Betting: DON'T DO IT!
  • #661,253
  • Jun 22, 2012 9:17am Jun 22, 2012 9:17am
Quoting mab41487
I use:
Risk Reward of 2:1 or greater.
never risk more than 2%.
S/R
Candlestick Patterns
Price Patterns (Gartley, Double Tops, Butterfly, Etc)
Fibonacci
Previuos significant Daily Highs and Lows
Weekly Pivots on all TF (daily chart has monthly
MACD
Time of day (liquiditiy)
ADR
Fundies
Trade with the trend = more pips
Trade counter trend = small profits
Swing points
10DMA

I feel nothing and accept the market is not perfect, and NO CHASING!
www.thefucksigive.com
  • #661,254
  • Jun 22, 2012 9:18am Jun 22, 2012 9:18am
Quoting Esssex
www.thefucksigive.com
lol that was a good one
  • #661,255
  • Jun 22, 2012 9:21am Jun 22, 2012 9:21am
Back from my short holiday, just looked at the chart and it's bloody slow today. I'm waiting until next week
  • #661,256
  • Jun 22, 2012 9:25am Jun 22, 2012 9:25am
Quoting Esssex
www.thefucksigive.com
let me guess... did he post another chart showing his shorts in profit??
people just dont learn....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #661,257
  • Jun 22, 2012 9:30am Jun 22, 2012 9:30am
Quoting 5percent
When everyone says is long, go short on high. When everyone says is short, go long on low.
SPOT ON

www.fadethecrowd.com
  • #661,258
  • Jun 22, 2012 9:36am Jun 22, 2012 9:36am
beware.. same tactics.. big moves delayed after overall news. see my post on monday. range sell:1.2733-1.2550.long.

last trade long 1.2550 SL 1.2533 TP 1.2597 or close manual 1600GMT.

cheers and have a wonderful weekend!! GOD bless.
  • #661,259
  • Jun 22, 2012 9:43am Jun 22, 2012 9:43am
Quoting scalperdebes
beware.. same tactics.. big moves delayed after overall news. see my post on monday. range sell:1.2733-1.2550.long.

last trade long 1.2550 SL 1.2533 TP 1.2597 or close manual 1600GMT.

cheers and have a wonderful weekend!! GOD bless.
Similar tactical play as me except my range is a little larger.
  • #661,260
  • Jun 22, 2012 9:45am Jun 22, 2012 9:45am
IMO the close of this 15min doesnt validate the continuation down yet
i might relax a bit after the hour closes and if its under M2 at 1.2537. but until that 4hour candle closes as a nice bear hammer or big move down its not completely confirmed
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