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EURUSD

  • #683,001
  • Aug 22, 2012 11:02am Aug 22, 2012 11:02am
A Sharks preception: Choppy waters to finish wave 4
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  • #683,002
  • Aug 22, 2012 11:09am Aug 22, 2012 11:09am
The big red line at the end is GREECE EXITING!! or something like that for you fundmentalists!!
  • #683,003
  • Aug 22, 2012 11:12am Aug 22, 2012 11:12am
I think it will be like this side ways until the FOMC which is at 2pm. Then it will drop to about 2400 but will go back up again those are my analysis share your opinions thank you.
  • #683,004
  • Aug 22, 2012 11:15am Aug 22, 2012 11:15am
USD/CHF presenting a nice long opportunity this afternoon from .962x
  • #683,005
  • Aug 22, 2012 11:22am Aug 22, 2012 11:22am
Quoting todstars2
USD/CHF presenting a nice long opportunity this afternoon from .962x
looks nice short to me
  • #683,006
  • Aug 22, 2012 11:22am Aug 22, 2012 11:22am
Quoting Trader2000
I think it will be like this side ways until the FOMC which is at 2pm. Then it will drop to about 2400 but will go back up again those are my analysis share your opinions thank you.
I suggest for you to study FOMC for the last 5 years and you will come to totally different conclusions
New voice message: Why are you calling me? If I need you, I'll call you!
  • #683,007
  • Aug 22, 2012 11:23am Aug 22, 2012 11:23am
election?????????
  • #683,008
  • Aug 22, 2012 11:23am Aug 22, 2012 11:23am
Quoting MeInGraySuit
The big red line at the end is GREECE EXITING!! or something like that for you fundmentalists!!
u r dreaming...
  • #683,009
  • Aug 22, 2012 11:24am Aug 22, 2012 11:24am
Quoting KillerWhale
I suggest for you to study FOMC for the last 5 years and you will come to totally different conclusions
meaning?
  • #683,010
  • Aug 22, 2012 11:26am Aug 22, 2012 11:26am
Quoting divak
meaning?
fomc is usually linear pa
  • #683,011
  • Aug 22, 2012 11:30am Aug 22, 2012 11:30am
every down move on m5 seems to be bought up
  • #683,012
  • Aug 22, 2012 11:31am Aug 22, 2012 11:31am
Quoting divak
meaning?
1. No one has a clue whether FOMC will be up or down move.
2. Usually when FOMC makes a big move, forget about fading for the next few 4 hr candles, maybe even days.
3. Last time FOMC was an exception that it retreated all the way, that doesn't happen very often. (Almost never)
New voice message: Why are you calling me? If I need you, I'll call you!
  • #683,013
  • Aug 22, 2012 11:33am Aug 22, 2012 11:33am
Quoting KillerWhale
Just for your info, most big traders don't give shit about technical trading.
It's all about fundamentals.
Who else do you think price moves through supports and resistances?

Depends on the type of technicals you use,reading the new
"hedge fund market wizards" book it shows that even Soros
uses some techs,and before anyone says he isn't interviewed
in the book you're right but an old employee of his was,very very interesting.
You can remain irrational longer than you can remain solvent.
  • #683,014
  • Aug 22, 2012 11:33am Aug 22, 2012 11:33am
Quoting KillerWhale
1. No one has a clue whether FOMC will be up or down move.
2. Usually when FOMC makes a big move, forget about fading for the next few 4 hr candles, maybe even days.
3. Last time FOMC was an exception that it retreated all the way, that doesn't happen very often. (Almost never)

I see. I still think it will probably go down to 2400 because I think it has reached it's highest point for now and will have to retrace back. But then again it will go back up again but will see.
  • #683,015
  • Aug 22, 2012 11:35am Aug 22, 2012 11:35am
Quoting sidhujag
remem 54 is the sl from last ny upthrust its protected. After that its 30 the next one. Wonder if that was real buyers and not specs.
bit concerning we didn't see 54 yet.. this throws a wrench in it.
  • #683,016
  • Aug 22, 2012 11:35am Aug 22, 2012 11:35am
I have burned myself with shorting and blew my tiny profit. So I'll wait until FOM.

It has been quite crazy today. Made 3 trades and all ended in red pips. But previously I had 17 consecutive positive trades.

Funny shit this thing forex.
  • #683,017
  • Aug 22, 2012 11:38am Aug 22, 2012 11:38am
Quoting Tadej89
I have burned myself with shorting and blew my tiny profit. So I'll wait until FOM.

It has been quite crazy today. Made 3 trades and all ended in red pips. But previously I had 17 consecutive positive trades.

Funny shit this thing forex.
LOL you're just like every other noob they have good trades where they close early and then they have bad ttrades where they hold on too long... practice good R:R (risk to reward) with good setups to increase expectancy. You might not get this right now but its a long road you'll get it eventually if you keep at it without quitting. Once you get this you won't think its "funny" shit.
  • #683,018
  • Aug 22, 2012 11:40am Aug 22, 2012 11:40am
Quoting Tadej89
I have burned myself with shorting and blew my tiny profit. So I'll wait until FOM.

It has been quite crazy today. Made 3 trades and all ended in red pips. But previously I had 17 consecutive positive trades.

Funny shit this thing forex.
Long or short, timing is everything.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #683,019
  • Aug 22, 2012 11:41am Aug 22, 2012 11:41am
till 123.90
  • #683,020
  • Aug 22, 2012 11:42am Aug 22, 2012 11:42am
Quoting acacia357
till 123.90
You mean 1.2390?
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