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  • #678,261
  • Aug 10, 2012 1:47am Aug 10, 2012 1:47am
Quoting NewbTrader7
i feel the same way. I see bullish signs, yet i'm short.
13 min to prove us wrong or is that right?
  • #678,262
  • Aug 10, 2012 1:51am Aug 10, 2012 1:51am
Quoting sdcasper
should i be confused or is it normal.

H4 had a piercing pattern, (negated 12 hours later).
H1 in 20 min has the potential for a bullish engulfing pattern.
M30 is a bullish engulfing pattern with bullish divergence.

Yet I still feel bearish.
  • #678,263
  • Aug 10, 2012 1:52am Aug 10, 2012 1:52am
Cant really see anything to trade at the moment looking at

1.2311 and 1.2264
  • #678,264
  • Aug 10, 2012 1:52am Aug 10, 2012 1:52am
Quoting sdcasper
13 min to prove us wrong or is that right?

its a toss up at this point. I had clearer vision a couple hours ago, now its all a blur.
  • #678,265
  • Aug 10, 2012 1:56am Aug 10, 2012 1:56am
looks to weak for a down push...stopped my short @ 2292
  • #678,266
  • Aug 10, 2012 2:00am Aug 10, 2012 2:00am
Quoting NewbTrader7
its a toss up at this point. I had clearer vision a couple hours ago, now its all a blur.

thats the candle i was looking for.
  • #678,267
  • Aug 10, 2012 2:01am Aug 10, 2012 2:01am
Quoting sdcasper
thats the candle i was looking for.
on what timeframe?
  • #678,268
  • Aug 10, 2012 2:02am Aug 10, 2012 2:02am
Quoting sdcasper
thats the candle i was looking for.
maybe, bottom of bb, cci oversold, what i like is the H4 was an outside bb run and has yet to make a clear decision. okay, i'm sold as a bear.
  • #678,269
  • Aug 10, 2012 2:04am Aug 10, 2012 2:04am
I love volatility
"It's the Margin, Stupid."
  • #678,270
  • Aug 10, 2012 2:04am Aug 10, 2012 2:04am
Cmon london give us some direction...

Added shorts during Asia at 2300
Be hopeful in a winning position, and fearful in a losing position.
  • #678,271
  • Aug 10, 2012 2:05am Aug 10, 2012 2:05am
15m....a long wick up and a long one down...i smell brawl
no clear direction for me...bears do get a point as it failed to remain in 900 zone...
heavily oversold,i may not sell it anymore and its friday so u never know
There are two opinions in this world, Mine and the wrong one...
  • #678,272
  • Edited 2:09am Aug 10, 2012 2:08am | Edited 2:09am
Quoting NewbTrader7
on what timeframe?
H1 was an engulfing pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: eur6.png Size: 64 KB
  • #678,273
  • Aug 10, 2012 2:10am Aug 10, 2012 2:10am
Short EU from 1.2288 initial target 1.221x
Short Crude from 92.86 initial target 90.5x
  • #678,274
  • Aug 10, 2012 2:15am Aug 10, 2012 2:15am
Quoting MaxDoom
Short EU from 1.2288 initial target 1.221x
Short Crude from 92.86 initial target 90.5x
are u sure? what if ECB will intervent? it could reverse sharplly.
i also think that short 2280 but i see a big risk regarding sudden intervention.

dont u?
  • #678,275
  • Aug 10, 2012 2:16am Aug 10, 2012 2:16am
Other touches of support moved in a bullish fashion. This one is migrating south. Would like to see a close below 1.2261 for more confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: eur7.png Size: 86 KB
  • #678,276
  • Aug 10, 2012 2:16am Aug 10, 2012 2:16am
locked in some pips, going to wait for a pullback to get back in. if there is one....
  • #678,277
  • Aug 10, 2012 2:16am Aug 10, 2012 2:16am
Quoting MaxDoom
Short EU from 1.2288 initial target 1.221x
Short Crude from 92.86 initial target 90.5x
Max what's your final target for this leg down? Mine is 1.2100 if pa succeed breaking daily trendline at around 1.2210/1.2200
  • #678,278
  • Aug 10, 2012 2:17am Aug 10, 2012 2:17am
Quoting Trader88q
are u sure? what if ECB will intervent? it could reverse sharplly.
i also think that short 2280 but i see a big risk regarding sudden intervention.

dont u?
what are you talking about?
Sometimes it's better to be wrong,to learn..
  • #678,279
  • Aug 10, 2012 2:22am Aug 10, 2012 2:22am
smash through 1.2266
  • #678,280
  • Aug 10, 2012 2:22am Aug 10, 2012 2:22am
Quoting Legio_Ulpia
Max what's your final target for this leg down? Mine is 1.2100 if pa succeed breaking daily trendline at around 1.2210/1.2200

I see 1.212x as a max for my trade scenario ideal zone is 1.218x to 1.221x for me
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