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  • #678,161
  • Aug 9, 2012 5:57pm Aug 9, 2012 5:57pm
Quoting vaidas7777
Well, if you know head and shoulders...
Best pattern is a failure pattern and even better a failure of a failed pattern.
"Men who can both be right and sit tight are uncommon."
  • #678,162
  • Aug 9, 2012 6:19pm Aug 9, 2012 6:19pm
Quoting Rag2RichesFX
4hr chart is now bearish, and so are all other TFs (besides this 5m)

2330 will be tough to crack

Added more short at 1.23 handle.

Will post a chart in a moment.

Edit: Actually, daily is undecided still, but its turning down so I think bearish soon, especially since 4hr agrees.
Rag

Interesting chart, but I barely see the price.... Well I am sure you do..

It is Friday, time to treat myself ........ See ya later, I will be ready for a new battle..
"Men who can both be right and sit tight are uncommon."
  • #678,163
  • Aug 9, 2012 6:24pm Aug 9, 2012 6:24pm
seems eurusd will test first resistance at 1.232632

http://i1200.photobucket.com/albums/.../eu100812a.gif
i am still learning trade properly....
  • #678,164
  • Aug 9, 2012 6:34pm Aug 9, 2012 6:34pm
lots of action in this price area
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd3.png Size: 31 KB
  • #678,165
  • Aug 9, 2012 7:18pm Aug 9, 2012 7:18pm
Quoting attila
Never believe this kind of bull shit. The Internet is full of these stories..
either way its HILARIOUS!
  • #678,166
  • Aug 9, 2012 7:21pm Aug 9, 2012 7:21pm
Quoting attila
Never believe this kind of bull shit. The Internet is full of these stories..
OK. Next time I will invite you also to make you believe.
The Thief of Wall Street
  • #678,167
  • Aug 9, 2012 7:21pm Aug 9, 2012 7:21pm
good morning traders,


so today time bomb (Chinese Trade Balance) don't have nay ETA ?
Mohan
  • #678,168
  • Aug 9, 2012 7:22pm Aug 9, 2012 7:22pm
Quoting Chicky
OK. Next time I will invite you also to make you believe.
planing to use his credit card ?
Mohan
  • #678,169
  • Aug 9, 2012 7:24pm Aug 9, 2012 7:24pm
Quoting mohan76
planing to use his credit card ?
No. Just going long every 100 pips it falls.
The Thief of Wall Street
  • #678,170
  • Aug 9, 2012 7:26pm Aug 9, 2012 7:26pm
Quoting Chicky
No. Just going long every 100 pips it falls.
last night 2 of my long stop out BE (swap lost) after +25 & +50 no more big tp
Mohan
  • #678,171
  • Aug 9, 2012 7:27pm Aug 9, 2012 7:27pm
Quoting Rag2RichesFX
4hr chart is now bearish, and so are all other TFs (besides this 5m)

2330 will be tough to crack

Added more short at 1.23 handle.

Will post a chart in a moment.

Edit: Actually, daily is undecided still, but its turning down so I think bearish soon, especially since 4hr agrees.
4hr chart's been bearish this entire week. need to see smaller tfs to see if the bearishness should continue. tricky area now.
  • #678,172
  • Aug 9, 2012 7:28pm Aug 9, 2012 7:28pm
Quoting mohan76
last night 2 of my long stop out BE (swap lost) after +25 & +50 no more big tp
Same with me. My long-term postion for 1000 pips has gone under water 104 pips..

1.2275/1.2250 may become a support.
The Thief of Wall Street
  • #678,173
  • Aug 9, 2012 7:46pm Aug 9, 2012 7:46pm
Quoting Mike8
Rag

Interesting chart, but I barely see the price.... Well I am sure you do..

It is Friday, time to treat myself ........ See ya later, I will be ready for a new battle..
Sorry you can't see it, probably because my resolution is large.

See ya, hope you had a good day today
Be hopeful in a winning position, and fearful in a losing position.
  • #678,174
  • Aug 9, 2012 7:48pm Aug 9, 2012 7:48pm
Quoting Rag2RichesFX
Sorry you can't see it, probably because my resolution is large.

See ya, hope you had a good day today
maybe I over looked it in the thread but whats your bias for tonight? I'm in cali so it may be morning to you. I dunno.
  • #678,175
  • Aug 9, 2012 7:48pm Aug 9, 2012 7:48pm
Quoting johncen
no no no not today...
I reckon 2260ish max for today...
hopefully tmr or sometimes later

edit: unless some big mouth speaks again?~ or something big happen

thanks PA...1st target hit...
partial bank n now still hold short from 2400...
waiting for next target...
Patience, Emotion Control and Discipline.
  • #678,176
  • Aug 9, 2012 8:01pm Aug 9, 2012 8:01pm
U S And European equity indexes appear to be forming topping patterns on a daily basis - awaiting QE III.

Think tomorrow or Monday latest, selloff on light volume will commence.

And if so, and even without it, Euro continues downtrend big time.
  • #678,177
  • Aug 9, 2012 8:22pm Aug 9, 2012 8:22pm
Quoting NewbTrader7
maybe I over looked it in the thread but whats your bias for tonight? I'm in cali so it may be morning to you. I dunno.
Bias down I am short

Still think this move has 2220/00 written on it before a large bounce back to test 2287/2300

Also with good unemployment for Aussie, EURAUD looks like it wants 1.15. Horrible bounce off of 1.16 so far. Looking like bear flag.
Be hopeful in a winning position, and fearful in a losing position.
  • #678,178
  • Aug 9, 2012 8:29pm Aug 9, 2012 8:29pm
Prices should visit 1.2315 - 1.2325 area before turning down, I'll short from there if reached
  • #678,179
  • Aug 9, 2012 8:45pm Aug 9, 2012 8:45pm
waiting for this spot to go long! anyone also looking for this? maybe london or ny for entry?
Attached Image (click to enlarge)
Click to Enlarge Name: eurolong.png Size: 18 KB
  • #678,180
  • Aug 9, 2012 8:51pm Aug 9, 2012 8:51pm
Quoting pino2
Prices should visit 1.2315 - 1.2325 area before turning down, I'll short from there if reached
Agreed... will be back to pv : 1.2315 , and perhaps to R1 : 1.2361
But my chart shown on 1.2331

Attached Image (click to enlarge)
Click to Enlarge Name: my predict.gif Size: 20 KB

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