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EURUSD

  • #666,681
  • Jul 8, 2012 10:08pm Jul 8, 2012 10:08pm
Morning, 'gents.

I'm waiting for the market to present an opportunity. Looking for a sell at higher ground, or a sell at 70 to 2210. My bias is short, just for the sake of it.

Good luck, green trading.
Please, just slap me around if I'm being silly ...
  • #666,682
  • Jul 8, 2012 10:12pm Jul 8, 2012 10:12pm
Anyone else have a similiar pattern? Have to wait for the break of the first orange trend...
Attached Image (click to enlarge)
Click to Enlarge Name: eu07092012.jpg Size: 165 KB
  • #666,683
  • Jul 8, 2012 10:16pm Jul 8, 2012 10:16pm
selling euro is long long way overdue. please buy it back guys... anytime now we can see euro in upside mode.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,684
  • Jul 8, 2012 10:34pm Jul 8, 2012 10:34pm
look closely
Stick with your idea
  • #666,685
  • Jul 8, 2012 10:36pm Jul 8, 2012 10:36pm
Quoting Nial.Fuller
look closely
hello there nial, im your avid fan, your tutorial on price action is like a bible to me. you are legend...Price Action is the best trading without indicators.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,686
  • Jul 8, 2012 10:38pm Jul 8, 2012 10:38pm
Quoting bdsilvano
hello there nial, im your avid fan, your tutorial on price action is like a bible to me. you are legend...Price Action is the best trading without indicators.
no bro, I am not that Nial, I am also inspired by his trading style.
Stick with your idea
  • #666,687
  • Jul 8, 2012 10:39pm Jul 8, 2012 10:39pm
im seeing a good support on eurusd for weekly charts.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 238 KB
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,688
  • Jul 8, 2012 10:39pm Jul 8, 2012 10:39pm
Quoting bdsilvano
selling euro is long long way overdue. please buy it back guys... anytime now we can see euro in upside mode.
Be glad if you kindly explain your idea whether according to the Fundamental or Technical .
kami
Don’t follow someone else’s trading advice blindly
  • #666,689
  • Jul 8, 2012 10:40pm Jul 8, 2012 10:40pm
Quoting MeInGraySuit
Anyone else have a similiar pattern? Have to wait for the break of the first orange trend...
It is my alternative count.

And here is another count:
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_20120709_2H.PNG Size: 43 KB
  • #666,690
  • Jul 8, 2012 10:40pm Jul 8, 2012 10:40pm
Quoting Nial.Fuller
no bro, I am not that Nial, I am also inspired by his trading style.
well if nial can read this. just want to let him know that hes the greatest guru out there. no funny no bullshit just the correct style of trading.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,691
  • Jul 8, 2012 10:42pm Jul 8, 2012 10:42pm
Quoting kamifx
Be glad if you kindly explain your idea whether according to the Fundamental or Technical .
kami
look at my chart on weekly and see my reason why i buy euro.. euro is way long overdue sell and it hit 78.6% fib. the trend will come on reversal very soon.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,692
  • Jul 8, 2012 10:42pm Jul 8, 2012 10:42pm
Quoting bdsilvano
hello there nial, im your avid fan, your tutorial on price action is like a bible to me. you are legend...Price Action is the best trading without indicators.
That's not very smart.
You'll never spot divergence, a mighty leading tool in forex.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #666,693
  • Jul 8, 2012 10:44pm Jul 8, 2012 10:44pm
Quoting bdsilvano
im seeing a good support on eurusd for weekly charts.
Yes we can see areas on the weekly where price has bounced around these areas....

But what has changed ? Nothing so why will price bounce ? It won't bounce because your Long or want it to or because it was being sold off all last week. Maybe we will get a retrace upwards during this EU session. Risky trade unless you manage to get the stop at B/E

Monday before the EU open there is barley any volume so price action is nothing to go by. Wait till the FTSE open and see what happens then is the best way to trade.

Your get an idea if the retrace is genuine and your trade will get a possible run.
rat
  • #666,694
  • Jul 8, 2012 10:45pm Jul 8, 2012 10:45pm
yes i know we still need to watch out. stoploss should be place here, but im very confident about this number.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,695
  • Jul 8, 2012 10:47pm Jul 8, 2012 10:47pm
I'm getting tired of this 10 pip range
New voice message: Why are you calling me? If I need you, I'll call you!
  • #666,696
  • Jul 8, 2012 10:48pm Jul 8, 2012 10:48pm
1.23 could be a good sell if we dont close above it
  • #666,697
  • Jul 8, 2012 10:48pm Jul 8, 2012 10:48pm
Quoting bdsilvano
look at my chart on weekly and see my reason why i buy euro.. euro is way long overdue sell and it hit 78.6% fib. the trend will come on reversal very soon.
i see good reason to sell on the same chart. when 1876 was broke. it broke the back.. on the monthy.. and after the normal bounces we are here for a new chance to continue a normal cycle in pa. to 0.8xx
those who can, do. those who cant, talk about those who can
  • #666,698
  • Jul 8, 2012 10:50pm Jul 8, 2012 10:50pm
Quoting gatorinla
i see good reason to sell on the same chart. when 1876 was broke. it broke the back.. on the monthy.. and after the normal bounces we are here for a new chance to continue a normal cycle in pa. to 0.8xx
but why you will sell when we are in support area? i dont get it. anyway let see what happen on this trade
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #666,699
  • Jul 8, 2012 10:51pm Jul 8, 2012 10:51pm
Quoting bdsilvano
but why you will sell when we are in support area? i dont get it. anyway let see what happen on this trade
i didnt say sell..
those who can, do. those who cant, talk about those who can
  • #666,700
  • Jul 8, 2012 10:56pm Jul 8, 2012 10:56pm
monthly looking good to atleast 1.18. but would be nice to get a sell around 1.245-1.25 area
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