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EURUSD

  • #682,501
  • Aug 21, 2012 8:58am Aug 21, 2012 8:58am
Are we going to have our first red hourly candle since london?
  • #682,502
  • Aug 21, 2012 8:59am Aug 21, 2012 8:59am
Quoting pip_trader
There are many reasons to feel skeptical, I believe. These moves are a bit asinine, really. There was word of no US QE, but there are still mounds of bad economic data either in the US, Europe or China - and the volume is lackluster the past few weeks. I literally read ten articles in the last two days about how the markets are up on "hope." It is a bit sad we have been reduce to trade on hopes and dreams and pixie dust. Maybe if we think happy thoughts we can fly around the room like Peter Pan.

Disclosure: Long on hopes and dreams for the next...
People who trade on hope might get by for a little bit, but the problem is that they never see the straw that breaks the camels back, and hopefully thats where we step in. Learning to trade fear and greed correctly might as well be the equivalent to flying around the room like Peter Pan
  • #682,503
  • Aug 21, 2012 9:00am Aug 21, 2012 9:00am
It's official.......red!
  • #682,504
  • Aug 21, 2012 9:02am Aug 21, 2012 9:02am
Quoting MeInGraySuit
Are we going to have our first red hourly candle since london?
Maybe baby.

There is yet upside to be conquered for today, depends on US. Cable needs some adjustment bouncing from new support and eurgbp may aim for stops above 0.7900.

And then, it could be enough for today. I just want some more drama here.
They think they are smarter than I am.
  • #682,505
  • Aug 21, 2012 9:03am Aug 21, 2012 9:03am
Quoting MeInGraySuit
It's official.......red!
yuppp finallly
  • #682,506
  • Edited 9:08am Aug 21, 2012 9:03am | Edited 9:08am
Quoting Vachus
I have a tight small lose , i already pissed off from what happened today. I was waiting for this move and when it happened i was sleep and my long was closed automatic

I really hate it when it happens
Hopefully this chart might clarify what I am seeing...
Attached Image (click to enlarge)
Click to Enlarge Name: current2.gif Size: 12 KB
  • #682,507
  • Aug 21, 2012 9:03am Aug 21, 2012 9:03am
Quoting pkimnyc
take a break then. not a good idea to trade with emotion.
I took the break when the stuff happened from early in the morning , so i think i'm in an emotional status to make judge this one ... but you never know , as always
"It's the Margin, Stupid."
  • #682,508
  • Aug 21, 2012 9:04am Aug 21, 2012 9:04am
Does anyone agrees with my chart? That the channel is set for EUR at 1,24530-60 ? + Lockheart's talks about the QE today as fundamental.
Attached Image (click to enlarge)
Click to Enlarge Name: 1,25350.jpg Size: 521 KB
  • #682,509
  • Aug 21, 2012 9:05am Aug 21, 2012 9:05am
Quoting almo
Hopefully this chart might clarify what I am seeing...
looks like an inverted head and shoulders am i right?
  • #682,510
  • Aug 21, 2012 9:05am Aug 21, 2012 9:05am
If someone can help me : I'm looking for the Gold chart , that's quoted now at 1,640.20 ..

I already tried to locate it but not any luck
"It's the Margin, Stupid."
  • #682,511
  • Aug 21, 2012 9:06am Aug 21, 2012 9:06am
Quoting Stonar901
looks like an inverted head and shoulders am i right?
100% right
  • #682,512
  • Aug 21, 2012 9:09am Aug 21, 2012 9:09am
08/10/2012 - 08/20/2012 only BUY scalping
Attached Image
  • #682,513
  • Aug 21, 2012 9:10am Aug 21, 2012 9:10am
I am bugging out of my short...14pips is all. Can't complain! Been a good run last and this morning. Going to go change some rotors on my daughters car, now while we consolidate.
  • #682,514
  • Aug 21, 2012 9:11am Aug 21, 2012 9:11am
Want easy trade? Go and copy Forex Cube's signal. He's kinda a weird guy but he has very high winning records. Even better is he's sharing his trade in real time!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #682,515
  • Aug 21, 2012 9:11am Aug 21, 2012 9:11am
H&S on M1.;D

Still short and I belive in that
  • #682,516
  • Aug 21, 2012 9:13am Aug 21, 2012 9:13am
they are buying again
  • #682,517
  • Aug 21, 2012 9:16am Aug 21, 2012 9:16am
long @ 2468 tp 2520 sl 2463
  • #682,518
  • Aug 21, 2012 9:16am Aug 21, 2012 9:16am
Quoting mym1990
People who trade on hope might get by for a little bit, but the problem is that they never see the straw that breaks the camels back, and hopefully thats where we step in. Learning to trade fear and greed correctly might as well be the equivalent to flying around the room like Peter Pan
Yeah, I hope the my cynicism is apparent. I love making money either way, but the market is clouded. To hell with technical or fundamental analysis or anything alike. Today it seems not to matter. It comes down to trading on word of mouth.
  • #682,519
  • Aug 21, 2012 9:18am Aug 21, 2012 9:18am
wow 9 hourly closes above open on no scheduled news lol.... gotta love those articles talking about not breaking any levels until vacations are over!!!
  • #682,520
  • Aug 21, 2012 9:20am Aug 21, 2012 9:20am
Quoting sidhujag
wow 9 hourly closes above open on no scheduled news lol.... gotta love those articles talking about not breaking any levels until vacations are over!!!
may be vacation is over
(i guess in europe)
Mohan
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