Ive never looked at my chart and been this blank in my life.
- #667,461
- Jul 11, 2012 1:50am Jul 11, 2012 1:50am
- Joined Oct 2010 | Status: Trader | 5,442 Posts
I'm side-lining too, can't shake the feeling that something big's gonna turn out today.
This is a thoroughly zoomed out M5 chart. Things are clearly bearish (from the 200EMA being bellow the 1000EMA) but I have that feeling it will lunge upwards the moment I click SELL. I also cannot buy and expect it to rise to 1.2330 first before selling because it can also decide to fall immediately without the jump.
- #667,464
- Jul 11, 2012 2:15am Jul 11, 2012 2:15am
- | Joined Dec 2011 | Status: Charting the trades ... | 919 Posts
H4 and D1 showing big @$$ bear flags, be advised. Imho, optimum sell points are 1.2290, 1.2335 (YH). However, we might fall in a consolidation pattern or a small retracement might be in the cards. This scenario falls if we go under 1.2210.
Trade safe.
Please, just slap me around if I'm being silly ...
- #667,466
- Jul 11, 2012 2:38am Jul 11, 2012 2:38am
- Joined Oct 2010 | Status: Trader | 5,442 Posts
Anyone with longs open, I expect it to hit the 76.4% fib retracement level from yesterday's high, which is also pivot resistance level 1. There may be a cough when it hits the 15m 200EMA. They are not going to be easy pips to sit through, but my calculation is that we will get there today, though as always, I have a plan B.
- #667,471
- Jul 11, 2012 3:16am Jul 11, 2012 3:16am
- | Joined May 2012 | Status: Trader | 1,292 Posts
Eur/usd is standimg stronglly in the level of 2270.
Starting from monday july 9 it is standing and dont falling more.
What does market waits?????
Come on move it or down or up !!!!!
monday it was 2270 and now its again 2270 so no movement.
looks like all gone on summer holidays
i dont know if that continues i will not trade till september
Starting from monday july 9 it is standing and dont falling more.
What does market waits?????
Come on move it or down or up !!!!!
monday it was 2270 and now its again 2270 so no movement.
looks like all gone on summer holidays
i dont know if that continues i will not trade till september
- #667,472
- Jul 11, 2012 3:30am Jul 11, 2012 3:30am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #667,473
- Jul 11, 2012 3:31am Jul 11, 2012 3:31am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
No. I didn't mean that. Never thought that way about you buddy.
Yes, not all but many members with vouches have done something good (or bad, in case of Cloggie
Here's an example. A warning for anyone who has accidentally over-leveraged by opening a large Euro trade when they have a Swissy trade open:
Inserted Video
Gone to a better place
- #667,474
- Jul 11, 2012 3:34am Jul 11, 2012 3:34am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #667,475
- Jul 11, 2012 3:38am Jul 11, 2012 3:38am
- | Joined Apr 2012 | Status: Trader | 1,823 Posts
Friday 13th is not important at all.
Today's FOMC is important
Sometimes it's better to be wrong,to learn..
- #667,477
- Jul 11, 2012 3:47am Jul 11, 2012 3:47am
- | Joined Apr 2012 | Status: Trader | 1,823 Posts
Sometimes it's better to be wrong,to learn..
- #667,479
- Jul 11, 2012 3:51am Jul 11, 2012 3:51am
- | Joined Dec 2011 | Status: Charting the trades ... | 919 Posts
looks like it time to test the upside
watch out for 1.233x 1.266x 1.240x each of these could provide a good short opportunity IF it stalls out and reverses there.
Please, just slap me around if I'm being silly ...
