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EURUSD

  • #682,701
  • Aug 22, 2012 2:32am Aug 22, 2012 2:32am
Anybody knows good method to work in this type of market, where on H1, H4 only Doji are going for a long time? Round numbers? Martingale?
  • #682,702
  • Aug 22, 2012 2:36am Aug 22, 2012 2:36am
my view:

She is going towards the very steep UTL also 2450.

I think she tired today, but what I think sometime is only an obstacle .
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"Men who can both be right and sit tight are uncommon."
  • #682,703
  • Aug 22, 2012 2:37am Aug 22, 2012 2:37am
remember "1.24415" have small support

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  • #682,704
  • Aug 22, 2012 2:42am Aug 22, 2012 2:42am
Quoting ibpo
remember "1.24415" have small resistance

http://www.youtube.com/watch?v=DYI87npy9zM

the price is above that so you must be referring to support not resistence
  • #682,705
  • Aug 22, 2012 2:45am Aug 22, 2012 2:45am
I have my bollinger pinching pretty good on the H1!
  • #682,706
  • Aug 22, 2012 2:49am Aug 22, 2012 2:49am
Quoting ill_be_back
short @1.24587
closed @1.24514
A good trader follows his rules, but great trader knows when to break them
  • #682,707
  • Aug 22, 2012 2:51am Aug 22, 2012 2:51am
This is the sort of PA that looks you square in the eyes and says " Go ahead punk, make my day ".
  • #682,708
  • Aug 22, 2012 2:52am Aug 22, 2012 2:52am
Quoting Bice
EUR/USD does the same behaviour than last week. Dropped from 1,2356 area to 1,2296 area. I'm in long again.
+170 pips, yeah.
Bear the bull's consequence...
  • #682,709
  • Aug 22, 2012 2:52am Aug 22, 2012 2:52am
I added an extra small short at 1.24600 , SL 1.24797
"It's the Margin, Stupid."
  • #682,710
  • Aug 22, 2012 2:53am Aug 22, 2012 2:53am
Hi, friends! I am going short. What about you?
A Player
  • #682,711
  • Aug 22, 2012 2:54am Aug 22, 2012 2:54am
Quoting cat
This is the sort of PA that looks you square in the eyes and says " Go ahead punk, make my day ".
LOL, I was thinking exactly the same.
"Men who can both be right and sit tight are uncommon."
  • #682,712
  • Aug 22, 2012 2:55am Aug 22, 2012 2:55am
EURUSD 1.2500 is a important level to watch for today. Reasons are outlined below.

1. It is a psychological resistance round number. Humans love round numbers, such as 10, 1000 or 1.2000. The more zeros the better. Therefore 1.2500 is also another type of psychological round number

2. There is supposedly market talk of a double-no-touch option barrier of 1.2000-1.2500. Traders who sold the DNT option barrier will be defending the 1.2500 price level.

3. There could be large sell orders at 1.2500. Banks, major instituitions, hedge funds, i.e. the large players, could be looking to sell EURUSD at this price.

If the supply at 1.2500 could be overcome, i am expecting EURUSD to go to 1.2600-30 region.
  • #682,713
  • Aug 22, 2012 2:57am Aug 22, 2012 2:57am
other ladies 4h forming downside rejection (5 min left), next 5m going to be interesting
Mohan
  • #682,714
  • Aug 22, 2012 2:57am Aug 22, 2012 2:57am
Quoting ForexMGames
EURUSD 1.2500 is a important level to watch for today. Reasons are outlined below.

1. It is a psychological resistance round number. Humans love round numbers, such as 10, 1000 or 1.2000. The more zeros the better. Therefore 1.2500 is also another type of psychological round number

2. There is supposedly market talk of a double-no-touch option barrier of 1.2000-1.2500. Traders who sold the DNT option barrier will be defending the 1.2500 price level.

3. There could be large sell orders at 1.2500. Banks, major instituitions, hedge funds,...
It's going to 1.2300, that's for sure. The volatility will rise, dollar will rise.
A Player
  • #682,715
  • Aug 22, 2012 2:58am Aug 22, 2012 2:58am
Quoting mohan76
other ladies 4h forming downside rejection (5 min left), last 5m going to be interesting
Mohan what do you think about this hourly candle on the eu? tell you anything?
  • #682,716
  • Aug 22, 2012 3:00am Aug 22, 2012 3:00am
Quoting cat
This is the sort of PA that looks you square in the eyes and says " Go ahead punk, make my day ".



same here shall i or or not schizo fingers today for me,but i'm ok and so am i
  • #682,717
  • Edited 3:18am Aug 22, 2012 3:05am | Edited 3:18am
Quoting MeInGraySuit
Mohan what do you think about this hourly candle on the eu? tell you anything?
it should bit down before any bounce but S&P, dax having some selling. more likely a tight range session , i am planning to take nap

ladies manage to broke resistant
Mohan
  • #682,718
  • Aug 22, 2012 3:15am Aug 22, 2012 3:15am
Alright buggin out for me...break even, see you after the minutes
  • #682,719
  • Aug 22, 2012 3:26am Aug 22, 2012 3:26am
anyone else think she's about to go higher? maybe a fakeout?
http://img.photobucket.com/albums/v6...2at12436AM.png
  • #682,720
  • Aug 22, 2012 3:31am Aug 22, 2012 3:31am
Timing is important for next move. Move likely does not happen before eurgbp gets up and take stops upside.

Then eurusd is set up for a move to test and maybe baby break 1.25 for most people surprise?

Cable is leading today.
They think they are smarter than I am.
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