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  • #665,781
  • Jul 5, 2012 7:46am Jul 5, 2012 7:46am
stating the obvious

80-60 possibly 50-40

hold above 85 we test into 00-10

**** Eminis midrange ****

watch the thirty year.
  • #665,782
  • Jul 5, 2012 7:46am Jul 5, 2012 7:46am
Quoting eliteincome
Wow I am still holding longs,another 2 sets off shorts taken out.
I need to be more greedy
Got in some shorts US/CHF just to balance things out.
Still US/CHF has not been that high for a long time
Still would have thought we would see some retracement

Guess we will find out soon enough
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swing it!
  • #665,783
  • Jul 5, 2012 7:48am Jul 5, 2012 7:48am
In this levels buy is better than sell (extreme range 1.21 - 1.30)
  • #665,784
  • Jul 5, 2012 7:48am Jul 5, 2012 7:48am
now if we have on the bigger charts exausted the bounces. 2284-470 pips till 0.8xx is on the horizon.. the spoiler is 2962, being valid still. for a st bounce, before. supports 2328.5 and the 228xx low..
those who can, do. those who cant, talk about those who can
  • #665,785
  • Jul 5, 2012 7:50am Jul 5, 2012 7:50am
technicals do nto work its the instintcs technicals are for instituion with billion dollar buying powers not for little guy little scalp or use instincts
  • #665,786
  • Jul 5, 2012 7:53am Jul 5, 2012 7:53am
Long @ 1.2370 for some retrace
New voice message: Why are you calling me? If I need you, I'll call you!
  • #665,787
  • Jul 5, 2012 7:53am Jul 5, 2012 7:53am
Quoting KillerWhale
Long @ 1.2370 for some retrace
sl be +5
New voice message: Why are you calling me? If I need you, I'll call you!
  • #665,788
  • Jul 5, 2012 7:55am Jul 5, 2012 7:55am
Quoting acacia357
technicals do nto work its the instintcs technicals are for instituion with billion dollar buying powers not for little guy little scalp or use instincts
There will always be discussions between tech and fundie, even the best tech setup can be destroyed by news and this would be you 3 bad trades out of 7 good ones. Last friday NY close on H4 gave such a tech signal - go to your charts, I know very little about fundie side(not proud) and yet I was able to catch main move.
Take it easy, we all have different styles, trade yours and don't bash others


edit

All taken based on technicals, thank you
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swing it!
  • #665,789
  • Jul 5, 2012 7:56am Jul 5, 2012 7:56am
Quoting acacia357
technicals do nto work its the instintcs technicals are for instituion with billion dollar buying powers not for little guy little scalp or use instincts
lol if you say so theres a bunch of techie/fundies in here so I ill help you stir the pot and say that i wouldn't discount it as a tool to engage.
  • #665,790
  • Jul 5, 2012 7:58am Jul 5, 2012 7:58am
UPDATE:



Quick-Tips in a TABLE SURVEY for the EUR/USD:

1.)

On a daily basis:

2012-07-05_16h00 - ZigZag + Pivot Survey _ EURUSD _ Afternoon _ W-27 # A49 (Text DE)

16h00 CET Aufdatung ...











;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #665,791
  • Jul 5, 2012 7:58am Jul 5, 2012 7:58am
It's a hard down trend..in my humble opinion, we're gonna go down..a lot..no TA's gonna work here..so many terrible news for the EU and EUR..i am waiting it to reach 1.1885..but i suspect we could even see it down to 1.129 perhaps in the next 2-3 months..although a short term upward correction is highly possible - maybe reaches somethin' like 1.2475 - 1.2530 tommorow
  • #665,792
  • Jul 5, 2012 8:00am Jul 5, 2012 8:00am
Quoting acacia357
technicals do nto work its the instintcs technicals are for instituion with billion dollar buying powers not for little guy little scalp or use instincts
FYI the truth is exactly opposite.
Big banks mainly use fundies
New voice message: Why are you calling me? If I need you, I'll call you!
  • #665,793
  • Jul 5, 2012 8:02am Jul 5, 2012 8:02am
Seeking opportunity to go short.... (5M). Needs some pullback.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #665,794
  • Jul 5, 2012 8:03am Jul 5, 2012 8:03am
enjoy
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  • #665,795
  • Jul 5, 2012 8:04am Jul 5, 2012 8:04am
Quoting KillerWhale
FYI the truth is exactly opposite.
Big banks mainly use fundies
The guy is just butt hurt he couldn't make money.

As a fundie even I admit that technicals is usually best for day trading without news events, fundies work only on a longer TF or days with lots of news.

Techies still have the advantage by being able to pick the best entries, something I'm still trying to learn.
  • #665,796
  • Jul 5, 2012 8:11am Jul 5, 2012 8:11am
Quoting Esssex
The guy is just butt hurt he couldn't make money.

As a fundie even I admit that technicals is usually best for day trading without news events, fundies work only on a longer TF or days with lots of news.

Techies still have the advantage by being able to pick the best entries, something I'm still trying to learn.
trade tech and pay attention to fundies is the best way to go in my opinion
  • #665,797
  • Jul 5, 2012 8:11am Jul 5, 2012 8:11am
This is a PM I send to one of the members here yesterday because he thought a rate cut would be bullish!


Quoting KillerWhale
FYI

The last 2 rate cuts from the ECB the EU lost 150 pips on November 3rd from 1.5 to 1.25%, recovered and then lost 1200 pips through the end of the year.
On December 8th, rate cut from 1.25% to 1.0%, EU lost 120 pips.

Happy trading
You wonder why people don't learn from the past
New voice message: Why are you calling me? If I need you, I'll call you!
  • #665,798
  • Jul 5, 2012 8:11am Jul 5, 2012 8:11am
Quoting KillerWhale
FYI the truth is exactly opposite.
Big banks mainly use fundies

I agreed this, if everyone goes short, i look for buy, everyone goes long, i look for sell because i see opportunities in a different time frame. See my previous trade recommend entry @ 1.2687.

Don't be fool by fundamental. look at daily close for answers..

gg
  • #665,799
  • Jul 5, 2012 8:13am Jul 5, 2012 8:13am
Quoting Paulenok
Hi KiwiTrada! We have 1.252 as our first target(61.8fib) and second stands at 1.232.

take care
July 2nd... not yet reached...
  • #665,800
  • Jul 5, 2012 8:39am Jul 5, 2012 8:39am
Quoting MaxDoom
enjoy
i guess eliott's waves dont always work
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