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  • #685,601
  • Aug 29, 2012 6:27am Aug 29, 2012 6:27am
Quoting johncen
seems likely...
can we say that its a sign of weaken Euro..
why not , i was waiting for resistant to be taken out

euro loosing little ground against all ladies,
i will wait till some one bite bull's tail
Mohan
  • #685,602
  • Aug 29, 2012 6:27am Aug 29, 2012 6:27am
Quoting salt
You bet? I personally doubt about we'll go to 1.26 today or not. Why don't you think no matter what is the news, we'll head down?

If you're sure, you should make a small long for 40 pips
No , i said we first go up to hit 1.25850 - this upward movement won't give up without hitting this 1.25850. Then we should go down all the way till 1.24000 - and i would bet on it. Why i'm not taking a long position ? For one simple reason, Long setup start from 1.24950 and all the way down it - so , in order to make sure i won't have a stop lose 30 pip or 25 five to avoid the news waves ups and downs. I like to wait and have a stop lose not bigger than 10 to 20 , and when the possible gain is not less than 80 or 100 or even bigger !

I was long at 1.24600 and i didn't expect it will broke the small channel boundaries. But it broke because of overwhelming news and political statements and went all the way till 1.25700 - but the broke was founded on news not fundamentals and therefore i ruled out as unsustainable move

I know that Long setups are waiting for Jackson hall , but my view is " If Dragni didn't attend, therefore nothing important will be said " Bare in mind that Dragni has to prepare a contingency plan - not a bond buying program , just in case the German court casted out Bundas Bank and limited its ability to participate in the Bond buying program.

Med term view - from now till Christmas , Euro is on a up trend.
"It's the Margin, Stupid."
  • #685,603
  • Aug 29, 2012 6:28am Aug 29, 2012 6:28am
Quoting Vachus
No , i said we first go up to hit 1.25850 - this upward movement won't give up without hitting this 1.25850. Then we should go down all the way till 1.24000 - and i would bet on it. Why i'm not taking a long position ? For one simple reason, Long setup start from 1.24950 and all the way down it - so , in order to make sure i won't have a stop lose 30 pip or 25 five to avoid the news waves ups and downs. I like to wait and have a stop lose not bigger than 10 to 20 , and when the possible gain is not less than 80 or 100 or even bigger !

I was...
i doubt it... its double topped already

Med term view - from now till Christmas , Euro is on a up trend.
nobody knows whats going to happen tomorrow... euro uptrend is not likely either. We might going down 1.18xx by christmas
  • #685,604
  • Aug 29, 2012 6:29am Aug 29, 2012 6:29am
Quoting Tom_D_Trader
Lol, noob, I see you are still hanging around with your demo account, you have amassed 10+ vouchers and still keep on misleading people.

Liquidity getting lower in FX? You ve got to be kidding. Sure European banks are experiencing liquidity squeeze, but FX remains the most liquid market in the world and in fact is gaining, thanks to printing press race. Current estimates are, that FX market crossed 5 Tril USD daily volume. Not enough for you kiddo?

Yea, no correct market "these days" for you. It was better "back then", when you were in kindergarten.

T...
Be hopeful in a winning position, and fearful in a losing position.
  • #685,605
  • Aug 29, 2012 6:31am Aug 29, 2012 6:31am
Quoting fxrustyspoon
Ouch!

that ouch is hitting payday now
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  • #685,606
  • Aug 29, 2012 6:32am Aug 29, 2012 6:32am
Quoting fearlessnut
i doubt it... its double topped already

Med term view - from now till Christmas , Euro is on a up trend.
nobody knows whats going to happen tomorrow... euro uptrend is not likely either. We might going down 1.18xx by christmas
I know
"It's the Margin, Stupid."
  • #685,607
  • Aug 29, 2012 6:32am Aug 29, 2012 6:32am
i finally gave up on my longs @ 2548 btw (+14), looks like we are going to see the retrace before 2600 after all (unless double bottom at 2530 here)
Be hopeful in a winning position, and fearful in a losing position.
  • #685,608
  • Aug 29, 2012 6:32am Aug 29, 2012 6:32am
Quoting Rag2RichesFX
so boring... repeat of yesterday really, just much less range before the boredom started
Agree
  • #685,609
  • Aug 29, 2012 6:33am Aug 29, 2012 6:33am
Quoting Tom_D_Trader
Lol, noob, I see you are still hanging around with your demo account, you have amassed 10+ vouchers and still keep on misleading people.

Liquidity getting lower in FX? You ve got to be kidding. Sure European banks are experiencing liquidity squeeze, but FX remains the most liquid market in the world and in fact is gaining, thanks to printing press race. Current estimates are, that FX market crossed 5 Tril USD daily volume. Not enough for you kiddo?

Yea, no correct market "these days" for you. It was better "back then", when you were in kindergarten....
long been keen on your posts - and that one is a cherry on top V4U
  • #685,610
  • Aug 29, 2012 6:33am Aug 29, 2012 6:33am
A reversal pattern is in place on hourly chart, but important piece of news can easily distort the technical picture. I am still for the upside.
  • #685,611
  • Aug 29, 2012 6:33am Aug 29, 2012 6:33am
Quoting KiwiTrada
yes bro brit pairs are different dynamics to other ladies, but if they held by zones will be good for bear ladies

not sure which on you shorted bro, cable is ok but eu is at bottom of zones. short entry need be closest to top of zone and can long from bottom and just wait for break out, tonights brit open, smashed bottom of zone, but has since retraced back into zone, so a bit confusd her waiting to see if her can get below 54, I ahave 2 entry 60 & 65, no want ot add until she show direction possibly get in 60mins

bro kiwi and aussie,...

60 mins to the second, now need see if brit move was bs, eu was stuck in asian zone 54 59 is nice to see some movement
If you are new to Forex? Say Goodbye to your account!!
  • #685,612
  • Aug 29, 2012 6:35am Aug 29, 2012 6:35am
Sell since 1.2545 here
  • #685,613
  • Aug 29, 2012 6:35am Aug 29, 2012 6:35am
down she goes
  • #685,614
  • Aug 29, 2012 6:39am Aug 29, 2012 6:39am
This is a Zone for entering long.
  • #685,615
  • Aug 29, 2012 6:40am Aug 29, 2012 6:40am
Quoting Mr.MaginCole
This is a Zone for entering long.
and 20 minutes Before NY opening
"It's the Margin, Stupid."
  • #685,616
  • Aug 29, 2012 6:42am Aug 29, 2012 6:42am
Quoting Mr.MaginCole
This is a Zone for entering long.
it was . if it bounce again from here lot of people going go mad
Mohan
  • #685,617
  • Aug 29, 2012 6:44am Aug 29, 2012 6:44am
got in a long at 2537, stop loss is at 2533
  • #685,618
  • Aug 29, 2012 6:46am Aug 29, 2012 6:46am
Quoting mohan76
why not , i was waiting for resistant to be taken out

euro loosing little ground against all ladies,
i will wait till some one bite bull's tail
haha....I hope we both end up in green....
Patience, Emotion Control and Discipline.
  • #685,619
  • Aug 29, 2012 6:47am Aug 29, 2012 6:47am
Quoting KiwiTrada
60 mins to the second, now need see if brit move was bs, eu was stuck in asian zone 54 59 is nice to see some movement
yes..glad to see movement in eu..especially going down...
Patience, Emotion Control and Discipline.
  • #685,620
  • Aug 29, 2012 6:49am Aug 29, 2012 6:49am
Thre is a decent chance that current hour will be bought back to previous close.
They think they are smarter than I am.
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