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  • #671,561
  • Jul 25, 2012 3:00am Jul 25, 2012 3:00am
Quoting comeinvest
i was thinking the professional are stop hunting all the SHORTS before the real down move. or any1 got other opinion on this move?

so cynical

lots of comments on here like that, by the time you guys switch to believing it might be going long, the train will have left - standard market physcology nothing you can do about it it is always the same. you just have to then wait for the train to get to a station before trying to get on.

I 'm not saying this move is it and the train is leaving now, but when ever it does the market will be littered with disbelief and opinions that it is only just a stop hunt etc...
  • #671,562
  • Jul 25, 2012 3:01am Jul 25, 2012 3:01am
If bull fail stop at 2080, 1.1985 will come under real pressure.
It seems no Nowotny helps the bear to break 1985. I am really confuse if EU wants strong or weak euro.
You cannot learn better without losing
  • #671,563
  • Jul 25, 2012 3:04am Jul 25, 2012 3:04am
With these type of spike moves today, lots of people are going to get slaughtered. Bears got slaughtered in the spike up. Bulls got killed when it turns down.

Best thing to do today is don't trade. At least this is my plan.
  • #671,564
  • Jul 25, 2012 3:05am Jul 25, 2012 3:05am
Quoting ForexMGames
With these type of spike moves today, lots of people are going to get slaughtered. Bears got slaughtered in the spike up. Bulls got killed when it turns down.

Best thing to do today is don't trade. At least this is my plan.
For me best thing - to scalp the longs
  • #671,565
  • Jul 25, 2012 3:06am Jul 25, 2012 3:06am
speculation again.
  • #671,566
  • Jul 25, 2012 3:10am Jul 25, 2012 3:10am
The sterling is going stronger ahead of a very possible negative numbers in 20 minutes.
"Men who can both be right and sit tight are uncommon."
  • #671,567
  • Jul 25, 2012 3:13am Jul 25, 2012 3:13am
Quoting me-me
For me best thing - to scalp the longs
After my stop loss got hit today. i am not trading anymore for today. Price action is very messy due to this news.

I am confused for today. Cant go short, and cant go long either. I will let market sort itself out today. There are 2 more trading days on thurs and fri.

Live to trade another day.
  • #671,568
  • Jul 25, 2012 3:13am Jul 25, 2012 3:13am
Quoting Mike8
The sterling is going stronger ahead of a very possible negative numbers in 20 minutes.
Can not wait to see those numbers
Loosening is not an option
  • #671,569
  • Jul 25, 2012 3:15am Jul 25, 2012 3:15am
today is very confusion with eur, some data is positive but right now german ifo business is negative,
  • #671,570
  • Jul 25, 2012 3:15am Jul 25, 2012 3:15am
awaiting for the bad news on gbp,for shorting...
  • #671,571
  • Jul 25, 2012 3:18am Jul 25, 2012 3:18am
Quoting Wallachian
Can you also post the reasons you had for entering trade?
Otherwise the fact that you won a few pips is pretty much useless for the rest of us.
Yes, explanation is posted here

http://www.forexfactory.com/showthre...20#post5874220

cheers
  • #671,572
  • Jul 25, 2012 3:21am Jul 25, 2012 3:21am
shorted eu with 25 pips sl..
  • #671,573
  • Jul 25, 2012 3:22am Jul 25, 2012 3:22am
break out in 1h chart ... at 1,2116
  • #671,574
  • Jul 25, 2012 3:25am Jul 25, 2012 3:25am
Quoting pdkiller
break out in 1h chart ... at 1,2116
2116 is not the level for breakout..!

2125-30 is the main level
  • #671,575
  • Jul 25, 2012 3:25am Jul 25, 2012 3:25am
Quoting Vilkas
Can not wait to see those numbers
They say that the news is already showing in to the bar (not wine bar ), lets see.
"Men who can both be right and sit tight are uncommon."
  • #671,576
  • Jul 25, 2012 3:26am Jul 25, 2012 3:26am
Quoting Dayboy001
Yes, explanation is posted here

http://www.forexfactory.com/showthre...20#post5874220

cheers
i start to see it now
thank you for sharing
  • #671,577
  • Jul 25, 2012 3:28am Jul 25, 2012 3:28am
Can't see any reason for the spike we are currently experiencing.

Looking to add short at 2130 if we get there.
  • #671,578
  • Jul 25, 2012 3:29am Jul 25, 2012 3:29am
Quoting fxkiller
2116 is not the level for breakout..!

2125-30 is the main level

thx

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  • #671,579
  • Jul 25, 2012 3:30am Jul 25, 2012 3:30am
Quoting fxkiller
awaiting for the bad news on gbp,for shorting...
  • #671,580
  • Jul 25, 2012 3:31am Jul 25, 2012 3:31am
Quoting tech_dream
Can't see any reason for the spike we are currently experiencing.
Bears becoming bulls covering and sidelines bulls joining.
"Men who can both be right and sit tight are uncommon."
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