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  • #679,881
  • Aug 14, 2012 9:46am Aug 14, 2012 9:46am
Then 2420 next.........TROLOLOLOLOL
  • #679,882
  • Aug 14, 2012 9:47am Aug 14, 2012 9:47am
this forum needs more moderators
How to Win at Sports Betting: DON'T DO IT!
  • #679,883
  • Aug 14, 2012 9:52am Aug 14, 2012 9:52am
finally I have closed my short from 1.2380 @315

what next?
Read the chart... Fundies are catalyst...
  • #679,884
  • Aug 14, 2012 9:52am Aug 14, 2012 9:52am
Quoting rustyram
First i would like to thank Mr. Hatch for reminding me of tight stops, if not for him, i would have got stopped and EUR would have gone for my target without me losing 100+ pips profit.

I am out of my shorts @ 1.2260.

Now i am Long at 1.2255, stop 1.2200 , Target 1.2600

This PA is boring, i am planning to get out of my longs at 1.2430 area....and Take a short there for 100 Pips or so , then get long again at wave (2)

Find the chart attached for this minor move....
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-60M-minor-wave81412.JPG Size: 50 KB
PPP - Patience Pays PIPS
  • #679,885
  • Aug 14, 2012 9:56am Aug 14, 2012 9:56am
very seldom move... odd. Seems huge support euro - not only trader, banks. No break. chance for break felt 85/15.

Anybody agree ? May be now ...
  • #679,886
  • Aug 14, 2012 9:57am Aug 14, 2012 9:57am
don't forget that it is still don't touch 1.24 level where many experts still expect that it will taste 1.25 in this week.
  • #679,887
  • Aug 14, 2012 9:58am Aug 14, 2012 9:58am
Quoting Ultimate6
limit long 2317
oh look i haz long. hope it holds, been having bad luck past week.
  • #679,888
  • Aug 14, 2012 9:58am Aug 14, 2012 9:58am
at the cliff .... !!
  • #679,889
  • Aug 14, 2012 9:59am Aug 14, 2012 9:59am
At least we have the thread for entertainment material ...
"It's the Margin, Stupid."
  • #679,890
  • Aug 14, 2012 10:00am Aug 14, 2012 10:00am
Quoting pkimnyc
1hr momentum is dragging it south and about to take 4hr with it. i wouldn't think 1.24 unless 1hr says otherwise.
Seems so. Close below 1.23328 complicated things.
They think they are smarter than I am.
  • #679,891
  • Aug 14, 2012 10:05am Aug 14, 2012 10:05am
looking to short again around 340
Read the chart... Fundies are catalyst...
  • #679,892
  • Aug 14, 2012 10:06am Aug 14, 2012 10:06am
Quoting Mr Hatch
raise your right hand slowly and start waving good-bye.
.... yeap enough with the drama...

ES coughing at the yearly highs in need of more fuel to attempt a break.... Key level in play in the euro...tracking 1.236x for the roll.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #679,893
  • Aug 14, 2012 10:06am Aug 14, 2012 10:06am
Quoting JackintheBox
now fighting begins... uhh ohh... got long.
someone's cannot stand too loose I think, hugh shorts will squeeze... now londonclose (16:00, 1.2324).

still odd move. but up as i said, masses of traders cover now. (not yet the biggies who have the money)
  • #679,894
  • Aug 14, 2012 10:08am Aug 14, 2012 10:08am
Quoting KumoDragon
Look at the daily time frame. It's in a short trend on that chart. And possibly about to break through a shorter term upward trend line, after hitting an upward retracement.

So, there is a confluence of the daily short trend and the shorter term long trend, which I am betting is just a retracement before more downside.

See my sig though. As always just giving advice. Not screaming, "get in now!, get out now!" Like some CLOWNS do around here.
I like the sig, and agree from your chart, that is what it appears.

Let's look at a couple of other charts - as it may explain why I believe, we are going much higher.


If your familiar with PnF charts....you will see that we've been basically going sideways within a 40 pip range, and trending up on an 80 pip range.

Suntrader - specifically for you - I don't deal with TF's anymore.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: current2.gif Size: 23 KB
  • #679,895
  • Aug 14, 2012 10:08am Aug 14, 2012 10:08am
Quoting sisse
.... yeap enough with the drama...

ES coughing at the yearly highs in need of more fuel to attempt a break.... Key level in play in the euro...tracking 1.236x for the roll.

sisse
Yeah, it's been working on that 1400 for a while now..
  • #679,896
  • Aug 14, 2012 10:09am Aug 14, 2012 10:09am
wake up for London Close

Guys what happen, i can see some dog fight going on , what ever happen don't write thinks that might reduce dignity ,

be happy and have Safe trading
Mohan
  • #679,897
  • Aug 14, 2012 10:10am Aug 14, 2012 10:10am
If 1h close bellow 200 ema than I will go for short.
Attached Image (click to enlarge)
Click to Enlarge Name: www.png Size: 63 KB
just live a life, don't be hard.
  • #679,898
  • Aug 14, 2012 10:10am Aug 14, 2012 10:10am
Why people think that this trend is going down ? I really don't understand that , i mean any technical analysis behind it or speculation ? In any case - why people are shorting ? based on what ?

Long also is a risk , but at least you can clearly see an up channel and new highs has been reached today - still, it could drop or flatten , but the position is based on something
"It's the Margin, Stupid."
  • #679,899
  • Aug 14, 2012 10:11am Aug 14, 2012 10:11am
Quoting sisse
.... yeap enough with the drama...

ES coughing at the yearly highs in need of more fuel to attempt a break.... Key level in play in the euro...tracking 1.236x for the roll.

sisse

May i know What is ES ? this ES bugging for long time ,i guess some equity index but i couldn't find it
Mohan
  • #679,900
  • Aug 14, 2012 10:12am Aug 14, 2012 10:12am
Quoting JackintheBox
someone's cannot stand too loose I think, hugh shorts will squeeze... now londonclose (16:00, 1.2324).

still odd move. but up as i said, masses of traders cover now. (not yet the biggies who have the money)
squeeze one got killed... next to come... I'm off in a minute, selling half now.

see ya Jack
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