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  • #677,801
  • Aug 9, 2012 4:29am Aug 9, 2012 4:29am
Quoting Freshpips
Only thing that concerns me is if this doesnt get moving until NY open, with the trade balance and unemployment claims coming out it could be risky to keep position open??
i'll say LONG positions may be risky,short orders taken from 60-80 area may become profitable at the end,let see what happens next
Sometimes it's better to be wrong,to learn..
  • #677,802
  • Aug 9, 2012 4:34am Aug 9, 2012 4:34am
Anyone else see the bear flag?
Be hopeful in a winning position, and fearful in a losing position.
  • #677,803
  • Aug 9, 2012 4:40am Aug 9, 2012 4:40am
Quoting Rag2RichesFX
Anyone else see the bear flag?
which tf?
Sometimes it's better to be wrong,to learn..
  • #677,804
  • Aug 9, 2012 4:41am Aug 9, 2012 4:41am
Quoting KiNgEdwarD
which tf?
5 or 15m, its ugly but it looks like one to me.
Be hopeful in a winning position, and fearful in a losing position.
  • #677,805
  • Aug 9, 2012 4:42am Aug 9, 2012 4:42am
Quoting MaxDoom
yep it went well out of normal correlation last couple of days. there is two big rolloffs today on EURGBP at 0.7880 and 0.7900 so that is likely to keep them in check for now.
Yea.

Real cash is on sidelines now.

Now it is just algos doing whatever they are meant to be doing = flatten this FX market.

So, really none can say where this is going now. Usually when algos kill momentum and things start to be looking very booring, something comes up after a while
They think they are smarter than I am.
  • #677,806
  • Aug 9, 2012 4:44am Aug 9, 2012 4:44am
Quoting Rag2RichesFX
5 or 15m, its ugly but it looks like one to me.
i see it on both time frames as well.
  • #677,807
  • Aug 9, 2012 4:47am Aug 9, 2012 4:47am
Hello.

On the move.

Health for all.
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Just for today ...
  • #677,808
  • Aug 9, 2012 4:48am Aug 9, 2012 4:48am
Quoting KlSaso
I am IN Long again
Zone is being shifted. You might actually get a good bounce. Anyway, Gl to your trade.
  • #677,809
  • Aug 9, 2012 4:50am Aug 9, 2012 4:50am
Quoting NewbTrader7
i see it on both time frames as well.
Often happens when market needs to take a breather before continuing the move. RSIs were oversold, now they are not so bad
Be hopeful in a winning position, and fearful in a losing position.
  • #677,810
  • Aug 9, 2012 4:53am Aug 9, 2012 4:53am
Quoting pkimnyc
Zone is being shifted. You might actually get a good bounce. Anyway, Gl to your trade.
What do you mean by the zone is being shifted?

Thank you.
Be hopeful in a winning position, and fearful in a losing position.
  • #677,811
  • Aug 9, 2012 4:59am Aug 9, 2012 4:59am
Hi guys, have an important Gann resistance line at 1.2345, although i am unhappy this has been breached it has so far only been by 20 pips.

I am only giving up on it once 1.2320 goes. If 1.2320 goes i will be looking to short down to 1.2241.
As far as i am concerned 1.2501 then 1.2650 are still active, Will put big shorts on at 1.2650 if it gets there, all in my opinion and good luck
Loser trying to become a winner!
  • #677,812
  • Aug 9, 2012 5:01am Aug 9, 2012 5:01am
EURAUD target hit @ 1650, +50
Be hopeful in a winning position, and fearful in a losing position.
  • #677,813
  • Aug 9, 2012 5:04am Aug 9, 2012 5:04am
nice dive
  • #677,814
  • Aug 9, 2012 5:05am Aug 9, 2012 5:05am
Quoting Rag2RichesFX
What do you mean by the zone is being shifted?

Thank you.
Lol. Never mind that one.
  • #677,815
  • Aug 9, 2012 5:06am Aug 9, 2012 5:06am
Looks like some seller are getting as bored as me at being stuck in the 1.23 area
  • #677,816
  • Aug 9, 2012 5:06am Aug 9, 2012 5:06am
Quoting Rag2RichesFX
Anyone else see the bear flag?
you sir, are the MAN!, buenas nachos!
  • #677,817
  • Aug 9, 2012 5:06am Aug 9, 2012 5:06am
just entered the start of the target zone

http://www.forexfactory.com/showthre...32#post5915632
  • #677,818
  • Aug 9, 2012 5:08am Aug 9, 2012 5:08am
I got encouraged by Max(mr goat)

Gained my risk of 23 pips (1%) covered 2/3 and SL moved to BE.
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"Men who can both be right and sit tight are uncommon."
  • #677,819
  • Aug 9, 2012 5:08am Aug 9, 2012 5:08am
Next major support level,

2287 IMO

Forgot all about 2287
Be hopeful in a winning position, and fearful in a losing position.
  • #677,820
  • Aug 9, 2012 5:13am Aug 9, 2012 5:13am
Nooooo, I f@ckin missed it, stupid boiler repair guy arrived just before that
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