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  • #684,501
  • Aug 27, 2012 2:45am Aug 27, 2012 2:45am
Quoting Rag2RichesFX
MaxDoom hammer it with another 50 lots @ 2535 retest, dont let it pierce and take out my stop!
i am not sure about lot size but his trading style bit different.
Mohan
  • #684,502
  • Aug 27, 2012 2:47am Aug 27, 2012 2:47am
Quoting Rag2RichesFX
as silver has gone straight up for the past week, i wouldn't be surprised to see some dollar strength and the metals pull back just a bit. care to post your dxy chart??

silver usually leads the way, and it has been headed down for the last few hours,2% off the highs (maybe an indication that dollar is about to have a little rally)

This is what I'm looking at. I know most of you don't like moving averages but in my honest opinion I see good support there coupled with support from that rising channel which also happened to snap through the downward trend that begun from that breakout on 21st.

edit: my short with gbp/usd is doing really well too. Hopefully eur/usd continues on that path.
http://img.photobucket.com/albums/v6...7at24138AM.png
  • #684,503
  • Aug 27, 2012 2:51am Aug 27, 2012 2:51am
brit ladies is heavy, au kiwi is heavy, only one lost is eu "go figure "
If you are new to Forex? Say Goodbye to your account!!
  • #684,504
  • Aug 27, 2012 2:51am Aug 27, 2012 2:51am
we are getting close to 8 pm (AU ) Watch out for German Finance Min. officials
Mohan
  • #684,505
  • Aug 27, 2012 2:52am Aug 27, 2012 2:52am
I think Soldier has gone.

He made me laugh, I also think he was very much spot on on the credibility of one particular poster.
"Men who can both be right and sit tight are uncommon."
  • #684,506
  • Aug 27, 2012 2:56am Aug 27, 2012 2:56am
Quoting Mike8
I think Soldier has gone.

He made me laugh I also think he was very much spot on on the credibility of one poster.
so i was correct it was incredible/turmaz
Mohan
  • #684,507
  • Aug 27, 2012 2:59am Aug 27, 2012 2:59am
http://content.screencast.com/users/...08-27_1658.png
  • #684,508
  • Aug 27, 2012 3:01am Aug 27, 2012 3:01am
Quoting NewbTrader7
This is what I'm looking at. I know most of you don't like moving averages but in my honest opinion I see good support there coupled with support from that rising channel which also happened to snap through the downward trend that begun from that breakout on 21st.

edit: my short with gbp/usd is doing really well too. Hopefully eur/usd continues on that path.
http://img.photobucket.com/albums/v6...7at24138AM.png
i agree, and that up trend line is the same as the down trendline in EU

and im a big fan of moving averages myself

heres an E/U 4HR chart, the blue trendline is the same as DXY up trend which im sure you already knew that

Fed Evans being very dovish now, saying Fed well past threshold for fresh stimulus.

Keep in mind he is a non voter on FOMC, but its moving E/U up 10 pips in 2 mins
Attached Image (click to enlarge)
Click to Enlarge Name: EU-4HR-8-27-2012.jpg Size: 229 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #684,509
  • Aug 27, 2012 3:02am Aug 27, 2012 3:02am
Quoting mohan76
so i was correct it was incredible/turmaz
I know many eyes are going to roll over, but I liked him. I was not offended by his name calling. I think he spoke his mind.
"Men who can both be right and sit tight are uncommon."
  • #684,510
  • Aug 27, 2012 3:04am Aug 27, 2012 3:04am
Quoting Mike8
I know many eyes are going to roll over, but I liked him. I was not offended by his name calling. I think he spoke his mind.
Who are you referring to? Am I missing something?
  • #684,511
  • Aug 27, 2012 3:04am Aug 27, 2012 3:04am
Quoting Mike8
I know many eyes are going to roll over, but I liked him. I was not offended by his name calling. I think he spoke his mind.
he was in my iggy list , i don't like people greeting with negative words (L word)
Mohan
  • #684,512
  • Aug 27, 2012 3:05am Aug 27, 2012 3:05am
whats the day today?... friday?
  • #684,513
  • Aug 27, 2012 3:05am Aug 27, 2012 3:05am
Quoting Rag2RichesFX
i agree, and that up trend line is the same as the down trendline in EU

and im a big fan of moving averages myself

heres an E/U 4HR chart, the blue trendline is the same as DXY up trend which im sure you already knew that

Fed Evans being very dovish now, saying Fed well past threshold for fresh stimulus.

Keep in mind he is a non voter on FOMC, but its moving E/U up 10 pips in 2 mins
now..do you think it would be wise of me to add to this short on this pullback? I'm already in the green but I feel like this is a good opportunity to add to it. What do you think?
  • #684,514
  • Aug 27, 2012 3:06am Aug 27, 2012 3:06am
Hi all,

Anyone else noticed the double doji on Brent Weekly?

This too would signal dollar strength when it falls.

Thanks,
Ian
  • #684,515
  • Aug 27, 2012 3:06am Aug 27, 2012 3:06am
Quoting Mike8
I know many eyes are going to roll over, but I liked him. I was not offended by his name calling. I think he spoke his mind.
Anyway this was my post to him this weekend? I hope he will read it until he grasps it fully:

http://www.forexfactory.com/showthre...79#post5958179
"Men who can both be right and sit tight are uncommon."
  • #684,516
  • Aug 27, 2012 3:10am Aug 27, 2012 3:10am
Quoting NewbTrader7
now..do you think it would be wise of me to add to this short on this pullback? I'm already in the green but I feel like this is a good opportunity to add to it. What do you think?
i wouldnt add so close to your original positon, but i do agree with that type of strategy if you are already in the green and you are confident in the move. use tight stops on the position you add though.

see chart below to see an example of one i did on friday
Attached Image (click to enlarge)
Click to Enlarge Name: extremelygoodRReuroscalps.jpg Size: 145 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #684,517
  • Aug 27, 2012 3:11am Aug 27, 2012 3:11am
Every day last week was easier to trade than today's shit. The market's not improving, it's deteriorating. There are usually only four possible patterns at any given time ... today's price has displayed NONE of them. Unreal.

Seriously, what the hell is the price doing right now? Is this some poor lopsided shit excuse for a range? Pathetic low-degree angle downtrend? It's NEITHER.
  • #684,518
  • Aug 27, 2012 3:12am Aug 27, 2012 3:12am
Quoting mohan76
i am not sure about lot size but his trading style bit different.
i was kidding but i have seen him with some pretty big lots sizes , maybe he doesnt post them that way anymore
Be hopeful in a winning position, and fearful in a losing position.
  • #684,519
  • Aug 27, 2012 3:15am Aug 27, 2012 3:15am
Quoting Rag2RichesFX
i wouldnt add so close to your original positon, but i do agree with that type of strategy if you are already in the green and you are confident in the move. use tight stops on the position you add though.

see chart below to see an example of one i did on friday
very nice. thanks for your help. I appreciate it.

moved my stop loss to break even, going to fall asleep. wake up for U.S session and see whats going on. Have a good one buddy.
  • #684,520
  • Aug 27, 2012 3:16am Aug 27, 2012 3:16am
Quoting kibescorp
Every day last week was easier to trade than today's shit. The market's not improving, it's deteriorating. There are usually only four possible patterns at any given time ... today's price has displayed NONE of them. Unreal.
it's not exactly unreal - it's just a bank holiday in the biggest FX centre in the World - chillax
Attached Image
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