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EURUSD

  • #689,741
  • Sep 9, 2012 1:39pm Sep 9, 2012 1:39pm
Quoting Mr.MaginCole
Has anyone here ever have to withdraw everything in his Forex account for some emergency reason etc?
Why do you ask ??? You mean does a broker allow to withdraw everything at once ???
Human
  • #689,742
  • Sep 9, 2012 1:40pm Sep 9, 2012 1:40pm
Quoting ForexMGames
...............

EURUSD may or may not re-test 1.2650. ....

it may zoom all the way up to 1.3000 without ever re-testing 1.2650.

where is a good price to short?..........

i am not sure where to short.

Do you have a price target that you wish to short?
No, and why would you like to short after stating all the above?

Possible CHANCE of missing out a PROBABLE opportunity isn't a reason good enough to start thinking about shorting in a bulls market.
The Thief of Wall Street
  • #689,743
  • Sep 9, 2012 2:16pm Sep 9, 2012 2:16pm
forexmindgames was answering my question. he said his views was that e/u was going to drop to a certain level but didnt state any time span, and i said if that was the case would he short it to that level, simple as that. Take care with your trading and gather many piups.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #689,744
  • Sep 9, 2012 2:25pm Sep 9, 2012 2:25pm
Quoting billytt
forexmindgames was answering my question. he said his views was that e/u was going to drop to a certain level but didnt state any time span, and i said if that was the case would he short it to that level, simple as that. Take care with your trading and gather many piups.
1.2750
The Thief of Wall Street
  • #689,745
  • Sep 9, 2012 2:32pm Sep 9, 2012 2:32pm
12750 refers to ???
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #689,746
  • Sep 9, 2012 2:37pm Sep 9, 2012 2:37pm
Quoting billytt
12750 refers to ???
It refers to eurusd price level 1.2750.

It always makes a big move after settling near a key round number. I see conflicting news, and the nearest key level is 1.2750. Worth taking a chance. However, price action seems very bullish.
The Thief of Wall Street
  • #689,747
  • Sep 9, 2012 2:39pm Sep 9, 2012 2:39pm
thank you for that info. your right about the round numbers too. trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #689,748
  • Sep 9, 2012 2:45pm Sep 9, 2012 2:45pm
i forgot to say, i said earlier i might sell at 12780 but this is more theoretical due to today being sunday and also not having a live chart. i closed my longs last friday plus it was at a past resistance level. But tomorrow is a new day. be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #689,749
  • Sep 9, 2012 2:47pm Sep 9, 2012 2:47pm
Quoting Chicky
It refers to eurusd price level 1.2750.

It always makes a big move after settling near a key round number. I see conflicting news, and the nearest key level is 1.2750. Worth taking a chance. However, price action seems very bullish.
This marked level is 1.2808

I am not sure if pa just overshot or actually broke this level on Friday. Taking a chance for a bounce from this level, which may never come.
Attached Image (click to enlarge)
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The Thief of Wall Street
  • #689,750
  • Sep 9, 2012 2:52pm Sep 9, 2012 2:52pm
Quoting Chicky
It refers to eurusd price level 1.2750.

It always makes a big move after settling near a key round number. I see conflicting news, and the nearest key level is 1.2750. Worth taking a chance. However, price action seems very bullish.
You obviously already would know this but if you are referring to the candlestick price action , they are a lagging indicators ... Its Support and resistance that always provides me with opportunities earlier than anything lagging ... Lets see how and where price opens because I my self are gonna look for the reasons for short as I have my longs already locked with profits ... Chart below ( Not an updated one ) also shows the levels where I would go long again ...
Regards
Attached Image (click to enlarge)
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Human
  • #689,751
  • Sep 9, 2012 2:56pm Sep 9, 2012 2:56pm
Quoting Chicky
This marked level is 1.2808

I am not sure if pa just overshot or actually broke this level on Friday. Taking a chance for a bounce from this level, which may never come.
indeed a very bullish daily candle a retrace to continue or we just see a continuation at open
  • #689,752
  • Sep 9, 2012 2:57pm Sep 9, 2012 2:57pm
Quoting Chanya
You obviously already would know this but if you are referring to the candlestick price action , they are a lagging indicators ... Its Support and resistance that always provides me with opportunities earlier than anything lagging ... Lets see how and where price opens because I my self are gonna look for the reasons for short as I have my longs already locked with profits ... Chart below ( Not an updated one ) also shows the levels where I would go long again ...
Regards
Thanks.

I have almost the same thinking and same levels. My chart shows a possible bounce upto 1.2661, and 1.2485 also a possibility. If I decide to buy heavily, it would be near 1.2500
The Thief of Wall Street
  • #689,753
  • Sep 9, 2012 3:03pm Sep 9, 2012 3:03pm
Quoting Chicky
Thanks.

I have almost the same thinking and same levels. My chart shows a possible bounce upto 1.2661, and 1.2485 also a possibility. If I decide to buy heavily, it would be near 1.2500
That's interesting ... I , talking only about my self , SERIOUSLY doubt it would go anywhere down below 1.2615-1.2630 . Tons of daily and weekly resistances turned untested support ( Guilty of being a daily chart trader ) . But hell , one can never guarantee , right ... Would you mind sharing a chart for you reasons ...
Human
  • #689,754
  • Sep 9, 2012 3:09pm Sep 9, 2012 3:09pm
Quoting Chanya
That's interesting ... I , talking only about my self , SERIOUSLY doubt it would go anywhere down below 1.2615-1.2630 . Tons of daily and weekly resistances turned untested support ( Guilty of being a daily chart trader ) . But hell , one can never guarantee , right ... Would you mind sharing a chart for you reasons ...
Fib levels
Attached Image (click to enlarge)
Click to Enlarge Name: 341.jpg Size: 42 KB
The Thief of Wall Street
  • #689,755
  • Sep 9, 2012 3:12pm Sep 9, 2012 3:12pm
Quoting Chicky
Fib levels
What feed is that ? It is so different from mine ...
Human
  • #689,756
  • Sep 9, 2012 3:33pm Sep 9, 2012 3:33pm
Quoting Chanya
What feed is that ? It is so different from mine ...
Eastern Time. Oanda
The Thief of Wall Street
  • #689,757
  • Sep 9, 2012 3:37pm Sep 9, 2012 3:37pm
Quoting Chicky
Eastern Time. Oanda
Here is another one, with trend lines and different fibs
Attached Image
The Thief of Wall Street
  • #689,758
  • Sep 9, 2012 3:39pm Sep 9, 2012 3:39pm
Quoting Chicky
Here is another one, with trend lines and different fibs
Hm , nice ... Lets see what markets have in store for us ... Best of luck !!!
Human
  • #689,759
  • Sep 9, 2012 3:46pm Sep 9, 2012 3:46pm
Quoting Chicky
Possible CHANCE of missing out a PROBABLE opportunity isn't a reason good enough to start thinking about shorting in a bulls market.
Wise thief.

Good morning all.
"Men who can both be right and sit tight are uncommon."
  • #689,760
  • Sep 9, 2012 3:49pm Sep 9, 2012 3:49pm
Still debating if I'm going to trade EUR/USD / other pairs at night ( Tokyo session ) upcoming weeks. Basically full time study and work at day..

Either no sleep or completely missing out on Forex upcoming weeks.. feels terrible
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