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  • #686,521
  • Aug 30, 2012 9:28pm Aug 30, 2012 9:28pm
Quoting sidhujag
good post
Yes.
"Men who can both be right and sit tight are uncommon."
  • #686,522
  • Aug 30, 2012 9:30pm Aug 30, 2012 9:30pm
ib setup at daily??

and 3 black crow forming???
Attached Image
Peace Yo!
  • #686,523
  • Aug 30, 2012 9:36pm Aug 30, 2012 9:36pm
Quoting johncen
thread a bit quiet today...
so do the market...
maybe some range movement until Ben...

however it seems aussie kiwi break support last night..cable break trend line..

may help to drag eu down a bit more maybe
possible good entry kiwi, her retesting 8000 right now, few other things joining in ma,s fibs etc, is worth an eyebhall anyway I have 3 fills so far with max sl 7 pip, i accept risk now am waiting see if bear has taken over 8000 or not
If you are new to Forex? Say Goodbye to your account!!
  • #686,524
  • Aug 30, 2012 9:42pm Aug 30, 2012 9:42pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quote
Quote:
Originally Posted by Chicky http://www.forexfactory.com/images/buttons/viewpost.gif
SOS

Guys, what did he just say? Looks something very philosophical


I doubt you did not grasped the concept.

Say he is old man......
  • #686,525
  • Aug 30, 2012 9:51pm Aug 30, 2012 9:51pm
Quoting KiwiTrada
possible good entry kiwi, her retesting 8000 right now, few other things joining in ma,s fibs etc, is worth an eyebhall anyway I have 3 fills so far with max sl 7 pip, i accept risk now am waiting see if bear has taken over 8000 or not
Todays zones her 7974 7977 asian 7985 7994

if bear can grind her way through these 2 zones, bear has taken over 80 with power, very nice ppips be on offer.

Today read, 3 major coal mines hint at closing re coal prices, china retraction blah blah, this mean few hundred jobs, plus associated industries etc, is not looking good for us, or aussie, so if considering longing these girls do with caution
If you are new to Forex? Say Goodbye to your account!!
  • #686,526
  • Aug 30, 2012 9:54pm Aug 30, 2012 9:54pm
Quoting Jamz
Say he is old man......
Yes, very old.
"Men who can both be right and sit tight are uncommon."
  • #686,527
  • Aug 30, 2012 10:09pm Aug 30, 2012 10:09pm
fresh selling
  • #686,528
  • Aug 30, 2012 10:13pm Aug 30, 2012 10:13pm
But i think the whole trade might go back up to 1.255x as they r in the triangle inside
  • #686,529
  • Aug 30, 2012 10:18pm Aug 30, 2012 10:18pm
Quoting ForExtraPips
Are you comfortable with your R:R ratio?
I'm happy not having any R/R.

Market doesn't know and sure doesn't care either.

PA determines all. Not a ratio.
  • #686,530
  • Aug 30, 2012 10:26pm Aug 30, 2012 10:26pm
Quoting SunTrader
I'm happy not having any R/R.

Market doesn't know and sure doesn't care either.

PA determines all. Not a ratio.
I hear that. A solid R:R to go for is:

Cut Losses:Make Profit
  • #686,531
  • Aug 30, 2012 10:29pm Aug 30, 2012 10:29pm
If I were more short term I would enter a long here. 2501
  • #686,532
  • Aug 30, 2012 10:45pm Aug 30, 2012 10:45pm
This has been posted in our pure trading related hideway ...

#12222

Aug 31, 2012 1:48 (5 hr ago)

2012-08-30_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-35 # A68 - E31 (Text NA)


This is based on latest Rollover-Close ...

"Additional Explanation":

As long as it can find prop up in 1.2496 or 1.2479/ 75 zone it might give us a corrective rebound towards 1.2529 - 1.2535 or even to above 1.2551 again ...

Any cross of below 1.2470 / 67 and you can forget the upside at first ...

Elliott counts down from 1.2577 as a last significant turnaround on a daily basis ...

Projection is 1.2469 then 1.2439 ...

Bearish position trade bias (-06) ...

24-hr stop loss @ 1.2583 again ...

###

Market rythm: First up ... then down ...

In other words if you want to trade it up at first you must take a stop in consideration below our mentioned support zones a first ...

But overall a "sell the rallies mode" is our parole again ...

Downside trades favoured later again ...


2012-08-31_07h16_ EURUSD _ min005 _ (150) candlestickchart + Pivot


Quoting mercy seat
Re-loaded some long at 1.24940 ...

18h04 CET ...

Furthers pending below 1.24891 ...






;-|
The mkt re-visited three times our beloved DPP at around 1.2519 area ...

Always been rejected there ...

Enough ...

We did cover the rest of our long positions from 1.24940 (which has been 5% only) at 1.25135 ...

06h56 CET






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #686,533
  • Aug 30, 2012 10:55pm Aug 30, 2012 10:55pm
Morning everyone.

Targets of 2490 and 2460.

Don't know what the bulls will say about it but I know its very likely it bounces there so why not take the profit and look to re enter once the level breaks?

EU H1 chart, as you can see I got very lucky on a few of the stops, just barely missed by half a pip.
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #686,534
  • Aug 30, 2012 10:56pm Aug 30, 2012 10:56pm
Quoting KiwiTrada
possible good entry kiwi, her retesting 8000 right now, few other things joining in ma,s fibs etc, is worth an eyebhall anyway I have 3 fills so far with max sl 7 pip, i accept risk now am waiting see if bear has taken over 8000 or not
yes...seems bull trying to take control...
Patience, Emotion Control and Discipline.
  • #686,535
  • Aug 30, 2012 11:05pm Aug 30, 2012 11:05pm
1.2518/20 was previous support on daily, now it has turn minor resistance. min 15 chart is quite obvious, the correction only merely returns to 20 area since new york. But fundamental is still the catalyst for any breakout to either side.

May seems that price may want to test 65 again and previous hour 4 resistance on

hour 4 macd starts to go under -0.
  • #686,536
  • Aug 30, 2012 11:08pm Aug 30, 2012 11:08pm
Quoting johncen
yes...seems bull trying to take control...
maybe, but no bull until above 8000 watch out frankie, brits will determine direction
If you are new to Forex? Say Goodbye to your account!!
  • #686,537
  • Aug 30, 2012 11:14pm Aug 30, 2012 11:14pm
Quoting KiwiTrada
maybe, but no bull until above 8000 watch out frankie, brits will determine direction
EU test bottom of wedge again...cable test broken trend line rejected...
maybe they will show us direction tonight...
I think kiwi aussie may follow tonight instead of leading the way
Patience, Emotion Control and Discipline.
  • #686,538
  • Aug 30, 2012 11:35pm Aug 30, 2012 11:35pm
just waiting for a setup here....
Attached Image
  • #686,539
  • Aug 30, 2012 11:37pm Aug 30, 2012 11:37pm
Quoting johncen
EU test bottom of wedge again...cable test broken trend line rejected...
maybe they will show us direction tonight...
I think kiwi aussie may follow tonight instead of leading the way
yes already aussie kiwi lagging eu cable geppy already below todays zones, if kiwi aussie can get below, brit open, will be first time for over 3 weeks all them been either above or below same time, so could be interesting night, even though is week & monthly end, time will tell
If you are new to Forex? Say Goodbye to your account!!
  • #686,540
  • Aug 30, 2012 11:38pm Aug 30, 2012 11:38pm
Quoting MaxDoom
just waiting for a setup here....
hey my chin is on my palm too
Be hopeful in a winning position, and fearful in a losing position.
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