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EURUSD

  • #673,361
  • Jul 30, 2012 1:05pm Jul 30, 2012 1:05pm
Quoting SnaveForex
you forgot the terms
hm?
  • #673,362
  • Jul 30, 2012 1:07pm Jul 30, 2012 1:07pm
2169 looks tempting.. lets see if it will get there for a run up or continue further FED talking of QE3 an so on and so forth

No one cares anyway
  • #673,363
  • Jul 30, 2012 1:09pm Jul 30, 2012 1:09pm
Any trade decision from anyone yet ??
trading live like a demo...
  • #673,364
  • Jul 30, 2012 1:09pm Jul 30, 2012 1:09pm
Im watching 52 for decision, but i think there wont me much action till Asia, but who knows...
  • #673,365
  • Jul 30, 2012 1:11pm Jul 30, 2012 1:11pm
Quoting attila
hm?
How is trading lately..jumping in and out?
  • #673,366
  • Jul 30, 2012 1:12pm Jul 30, 2012 1:12pm
if it goes down, 2236 is to be watched..
  • #673,367
  • Jul 30, 2012 1:12pm Jul 30, 2012 1:12pm
Quoting SnaveForex
How is trading lately..jumping in and out?
yeah.. old habits die hard..
  • #673,368
  • Jul 30, 2012 1:16pm Jul 30, 2012 1:16pm
Quoting BlueGas
Im watching 52 for decision, but i think there wont me much action till Asia, but who knows...
are you sure...usually they will trigger all the stops expect a 100 pip move hopefully ..i am short bias
  • #673,369
  • Jul 30, 2012 1:17pm Jul 30, 2012 1:17pm
Quoting attila
if it goes down, 2236 is to be watched..
Same number here if 52 goes
  • #673,370
  • Jul 30, 2012 1:18pm Jul 30, 2012 1:18pm
Quoting SnaveForex
are you sure...usually they will trigger all the stops expect a 100 pip move hopefully ..i am short bias
I think the majority is short biased...im long biased, but noone knows fo sure, my longs @2249 still intact for now and @ be
  • #673,371
  • Jul 30, 2012 1:22pm Jul 30, 2012 1:22pm
no liquidity trading.. moves aimlessly 10 - 15 pips at a time.. it's only gonna get worse in August..
  • #673,372
  • Jul 30, 2012 2:08pm Jul 30, 2012 2:08pm
Hello, I am short 1.2238, now I am loosing, still waiting, when its going short. i am new in trading, so hope i will not destroy account today
  • #673,373
  • Jul 30, 2012 2:27pm Jul 30, 2012 2:27pm
Quoting pinkiaiii
OMG your so genius,but wait no americans have been doing this shit for the last 50 years ,and now have 15 trilion bilion debt and dont give a single *uck,so what are you imposing is nothing new,do you think that puting picture on the paper instead of painting it on computer is any different now??
"Men who can both be right and sit tight are uncommon."
  • #673,374
  • Jul 30, 2012 2:35pm Jul 30, 2012 2:35pm
Is it just me or does this look like a pre-waterfall setup happening on the H1? The way i see it, the flag isn't going to finish from friday since the swing low got hit and what was the bottom of the flag could now possibly be a neckline if we creep a bit higher and hold the flag top (through the head). It would be a classic sloping H&S at the break of the line. Clearly too soon to tell, and it may all just blow up and cancel everything I am seeing. Wouldn't be the first time. If it is an H&S 3am would be about right timing if the shoulder is going to have uniformity.

I seriously try not to have a bias anymore! just gets in my way usually for scalping! Lets just try to have fun however it all shakes out.

Happy trading!
  • #673,375
  • Jul 30, 2012 2:36pm Jul 30, 2012 2:36pm
Quoting Chicky
Not just trading, but anything in life.............. If you start very small just to get an entry, you gradually built it into an empire. Don't beleive me, interview few honest successful men. They will tell you how they crossed all these levels.

Pesistency, adding little by little, ability to take things easy when you get a blow, keeping an open mind, keepng a cool temper, considering everything that goes wrong as a learning opportunity, believing its never too late to start / start afresh, finding opportunities in disasterous situations is...
"Men who can both be right and sit tight are uncommon."
  • #673,376
  • Jul 30, 2012 2:45pm Jul 30, 2012 2:45pm
nice quotes mike!
  • #673,377
  • Jul 30, 2012 2:51pm Jul 30, 2012 2:51pm
Quoting walrus
Is it just me or does this look like a pre-waterfall setup happening on the H1? The way i see it, the flag isn't going to finish from friday since the swing low got hit and what was the bottom of the flag could now possibly be a neckline if we creep a bit higher and hold the flag top (through the head). It would be a classic sloping H&S at the break of the line. Clearly too soon to tell, and it may all just blow up and cancel everything I am seeing. Wouldn't be the first time. If it is an H&S 3am would be about right timing if the shoulder...
the chart is def looking like inverted h&s development in progress,another while down then back up to test 26.
  • #673,378
  • Jul 30, 2012 2:59pm Jul 30, 2012 2:59pm
The market did not move much, seems they all cautious.
"Men who can both be right and sit tight are uncommon."
  • #673,379
  • Jul 30, 2012 3:08pm Jul 30, 2012 3:08pm
i think it went to high on that last swing up to make that work. That ruined any uniformity in the shoulders. at least i can't figure a way to draw it that looks right to me. however, that big dip that you are saying would be the head was a saucer and the flag was the handle. now, weather that saucer is done yet, is to be determined. I don't know the rule of thumb on those, but my guess is, the price shouldn't return to the handle until finished. anyone know where the target should have been? The flag would of had us pretty far up there.
  • #673,380
  • Jul 30, 2012 3:09pm Jul 30, 2012 3:09pm
Quoting Mike8
The market did not move much, seems they all cautious.
Here we go:
http://online.wsj.com/article/SB1000...googlenews_wsj

http://edition.cnn.com/2012/07/29/bu...-expectations/

http://www.ft.com/cms/s/0/0cfab5c4-d...#axzz229AdjROF
"Men who can both be right and sit tight are uncommon."
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