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  • #685,121
  • Aug 28, 2012 9:56am Aug 28, 2012 9:56am
Quoting Chicky
imho the best levels to short are 1.2680 and 1.3000. But which resistance you are relying upon now for current shorts?
1.2650
  • #685,122
  • Aug 28, 2012 9:56am Aug 28, 2012 9:56am
Quoting Motion
I wonder why people keep pushing their luck. There's nothing that says short on the charts but people keep shorting.

There's no such thing as overbought or oversold. The Euro has been bought right from the london open. Why would it reverse now?
I totally agree with you. It won't reverse. It will just retrace for a while then the direction will be up, long again.
  • #685,123
  • Aug 28, 2012 10:00am Aug 28, 2012 10:00am
Quoting gba123
I totally agree with you. It won't reverse. It will just retrace for a while then the direction will be up, long again.

You guys tell that to divak... he is atm like Don Quijote, but who knows .
  • #685,124
  • Aug 28, 2012 10:01am Aug 28, 2012 10:01am
Quoting attila
There is a range within a range we're dealing with here.

Attachment
note the HLs.. odds are for up..
  • #685,125
  • Aug 28, 2012 10:02am Aug 28, 2012 10:02am
Short EUR here. EUR has not been able to break this 1.25667 Prepare for the plug to be pulled.
He who guess is LOST!
  • #685,126
  • Aug 28, 2012 10:05am Aug 28, 2012 10:05am
Quoting StopGuessing
Short EUR here. EUR has not been able to break this 1.25667 Prepare for the plug to be pulled.
Short to scalp i agree. Still it will go long. It will break 1.25667. Be patient.
  • #685,127
  • Aug 28, 2012 10:09am Aug 28, 2012 10:09am
Quoting MisterSpread
You guys tell that to divak... he is atm like Don Quijote, but who knows .
Do what u believe in.
A guy in HK recently said : "Our economic numbers (China) are fantasy but our stock markets are rational, in Europe, you have the opposite, your data is fucking precise and rational, your markets are irrational"
  • #685,128
  • Aug 28, 2012 10:10am Aug 28, 2012 10:10am
Quoting attila
note the HLs.. odds are for up..
Hello Attila....How's it going? Checked Twitter and didn't see ya....Thought you might be around here...

Looking for 90 or 91 level next -- then maybe 11 to 17...

You have anything in those areas?
  • #685,129
  • Aug 28, 2012 10:11am Aug 28, 2012 10:11am
Quoting divak
Do what u believe in.
A guy in HK recently said : "Our economic numbers (China) are fantasy but our stock markets are rational, in Europe, you have the opposite, your data is fucking precise and rational, your markets are irrational"
Well I love a signature of someone here that goes something like :

"The markets can stay irrational more than your account can stay solvent"
  • #685,130
  • Aug 28, 2012 10:11am Aug 28, 2012 10:11am
end of the week we will be at 1.2510, mark my words...it will test 1.2620 resistance or 1.2630/50 weekly down trendline...
There´s no chance that price break up that level without retracing to 1.2400 and several times if you want my opinion...
keep that in mind...
  • #685,131
  • Aug 28, 2012 10:12am Aug 28, 2012 10:12am
...
Attached Image (click to enlarge)
Click to Enlarge Name: euD.jpg Size: 108 KB
  • #685,132
  • Aug 28, 2012 10:12am Aug 28, 2012 10:12am
loved that tiny spike; exactly the kind of thing that makes me think we are in a nice bubble....

nothing happens, and from time to time, out of nowhere, some HF or smthg comes here and lifts the prices.

Its been like this for a week, but u dont see a regular, strong and clear way up.
its just a game of some spikes, from time to time, creating a ladder.
  • #685,133
  • Aug 28, 2012 10:13am Aug 28, 2012 10:13am
Quoting MisterSpread
Well I love a signature of someone here that goes something like :

"The markets can stay irrational more than your account can stay solvent"
I'm using 10% as margin now, and im 1:50... dont worry for me
  • #685,134
  • Aug 28, 2012 10:13am Aug 28, 2012 10:13am
Short at 42, 53, 53 and 70.
Stop at 2601
TP at 2091
  • #685,135
  • Aug 28, 2012 10:14am Aug 28, 2012 10:14am
Quoting sum_1
...
what do u want to say?
  • #685,136
  • Aug 28, 2012 10:17am Aug 28, 2012 10:17am
Quoting klinckphilip
Short at 42, 53, 53 and 70.
Stop at 2601
TP at 2091
2091 ??? IMO you are really brave.
  • #685,137
  • Aug 28, 2012 10:18am Aug 28, 2012 10:18am
Quoting BlueCirrus
Hello Attila....How's it going? Checked Twitter and didn't see ya....Thought you might be around here...

Looking for 90 or 91 level next -- then maybe 11 to 17...

You have anything in those areas?
69 and 2601 on h1/h4
  • #685,138
  • Aug 28, 2012 10:18am Aug 28, 2012 10:18am
bulls had their chance, didn't follow through.. lse closing...It could slide from here..
  • #685,139
  • Aug 28, 2012 10:19am Aug 28, 2012 10:19am
Quoting divak
added 10 shorts @ 1.2426, SL 1.27, come and get me!
still holding this one ?

looks pa accepted your challenge
Mohan
  • #685,140
  • Aug 28, 2012 10:21am Aug 28, 2012 10:21am
In My humble opinion , in which i acknowledge my limited experience and the fact that some traders and poster in this topic are far way advanced - but 1.26500 needs at least 1.24000. I'm currently flat , just in case someone wondered.
"It's the Margin, Stupid."
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