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  • #685,721
  • Aug 29, 2012 9:17am Aug 29, 2012 9:17am
Quoting anton.olff
Amazing!! Pending home sales HUGE, U.S. GDP better than expected, odds of QE lower...and on any normal day we would have least seen 50-75 pip move...but we are stuck in 50 pip range. Unreal!!
The Euro is doped up on some _very_ strong hopium, taking a pounding it can't yet entirely feel. When QE3 is denied at Hole as it almost certainly will be given the most recent numbers however, the drugs will finally wear off short of some miracle news.
Offering $1.50 (21%)/RTL Commission Discounts at IC Markets & Global Prime
  • #685,722
  • Aug 29, 2012 9:17am Aug 29, 2012 9:17am
Quoting fxrustyspoon
Lol he doesn't even know what he means, but it sounded like the most logical unbiased statement I ever heard. I think maybe
I don't know what I mean? I gave you the break out scenario step by step, idiot.
Read the fucking post before you talk.

http://www.forexfactory.com/showthre...90#post5967790
  • #685,723
  • Aug 29, 2012 9:18am Aug 29, 2012 9:18am
Quoting anton.olff
Amazing!! Pending home sales HUGE, U.S. GDP better than expected, odds of QE lower...and on any normal day we would have least seen 50-75 pip move...but we are stuck in 50 pip range. Unreal!!

what is even more amazing is that eur/usd is totally manipulated since draghel(draghi+merkel)
  • #685,724
  • Aug 29, 2012 9:18am Aug 29, 2012 9:18am
Quoting Nachiket
and if rejected we are going back to 1.22
Why?
  • #685,725
  • Aug 29, 2012 9:18am Aug 29, 2012 9:18am
now 1.2535 converted into a new resistance level...
  • #685,726
  • Aug 29, 2012 9:19am Aug 29, 2012 9:19am
Quoting divak
now 1.2535 converted into a new resistance level...
how do you identify that can you help?
  • #685,727
  • Aug 29, 2012 9:20am Aug 29, 2012 9:20am
Quoting Nachiket
what is even more amazing is that eur/usd is totally manipulated since draghel(draghi+merkel)
Agree.
Attila mentioned bears' nice move; i would offer a special prize to bulls who have been inflating EURUSD with hot air since mid last week.
  • #685,728
  • Aug 29, 2012 9:20am Aug 29, 2012 9:20am
Quoting xandi
I donŽt know why, buy I still alive, my bid was at 1.25200 and supposly it has not been there!...

IŽm assuming as a lost trade, and iŽll close it as near of BE as possible...nice way to start the week
I think your SL will hit now...
  • #685,729
  • Aug 29, 2012 9:21am Aug 29, 2012 9:21am
Bull clearly dead IMO
  • #685,730
  • Aug 29, 2012 9:21am Aug 29, 2012 9:21am
I can smell the burgers on the bbq
  • #685,731
  • Aug 29, 2012 9:21am Aug 29, 2012 9:21am
Quoting Mike8
I am glad.

One thing if I may say, best break out (out of the range, boxes) are the one with pre-tension, where prices bounces a least a couple times between the average and the line barrier, if she print a couple of dojis before the break the better.
The one without pre-tension tend to be a tease of fail BO (but not always).
They were there for all to see..

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  • #685,732
  • Aug 29, 2012 9:22am Aug 29, 2012 9:22am
Quoting ptetech
how do you identify that can you help?
on ur graph, pair rebounded twice on it, was a support; since the pending home sales news, we went down through it; with an attempt to come back above it 10min ago, it failed.

Now, lets see how long it holds like that
  • #685,733
  • Aug 29, 2012 9:22am Aug 29, 2012 9:22am
closed longs when the Asian session high held.... a few short now.
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  • #685,734
  • Aug 29, 2012 9:24am Aug 29, 2012 9:24am
Quoting xandi
I donŽt know why, buy I still alive, my bid was at 1.25200 and supposly it has not been there!...

IŽm assuming as a lost trade, and iŽll close it as near of BE as possible...nice way to start the week
bahhhhh...gone!!!

gona make a pause, since the main target above 1.2600 wasnŽt reached, maybe because of the fibonnaci on weekly 38,2%, which is at 1.2580 and already touched..as spoke yesterday, probably the big fall has already started at that precisly moment...good trades everyone
  • #685,735
  • Aug 29, 2012 9:25am Aug 29, 2012 9:25am
http://www.alleycatsw.com/images/bullbear.gif
  • #685,736
  • Aug 29, 2012 9:26am Aug 29, 2012 9:26am
Quoting xandi
bahhhhh...gone!!!

gona make a pause, since the main target above 1.2600 wasnŽt reached, maybe because of the fibonnaci on weekly 38,2%, which is at 1.2580 and already touched..as spoke yesterday, probably the big fall has already started at that precisly moment...good trades everyone
ANy trade you suggest for now? How would shorting be? For 20 pips?
  • #685,737
  • Aug 29, 2012 9:29am Aug 29, 2012 9:29am
neither bears nor bulls are confirmed yet.

maybe crude oil news and crude oil moves will act as an indicator.

by the way right now it's rather bear then bull
  • #685,738
  • Aug 29, 2012 9:31am Aug 29, 2012 9:31am
Quoting sibajnok
neither bears nor bulls are confirmed yet.

maybe crude oil news and crude oil moves will act as an indicator.

by the way right now it's rather bear then bull
Crude Oil Inventories
3.8M

lie again
  • #685,739
  • Aug 29, 2012 9:33am Aug 29, 2012 9:33am
entered 5 X 2$ shorts sl 12540 tp open
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  • #685,740
  • Aug 29, 2012 9:33am Aug 29, 2012 9:33am
crude inventories are up... this should help the market turn bullish especially after GDP data came out bullish as well

Isaac has not caused refineries to go offline either...that good news
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