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  • #691,041
  • Sep 12, 2012 8:09am Sep 12, 2012 8:09am
Quoting attila
Current situation. No shorts atm. It's trying to put a bottom in place.

Attachment
Still working on it as explained..

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 46 KB
  • #691,042
  • Sep 12, 2012 8:11am Sep 12, 2012 8:11am
Quoting attila
Current situation. No shorts atm. It's trying to put a bottom in place.

Attachment
looks like a whole lot of sideways
I'll pick up the crumbs don't need the whole pie
  • #691,043
  • Sep 12, 2012 8:14am Sep 12, 2012 8:14am
2905 !!!! strong now!!!!!
2886 ready to break ????
  • #691,044
  • Sep 12, 2012 8:15am Sep 12, 2012 8:15am
[quote=attila;6005800]Still working on it as explained..

Attachment [/quote

I have inverted hammer on 4hr on 1 broker 4hr spinning top the other
If you are new to Forex? Say Goodbye to your account!!
  • #691,045
  • Sep 12, 2012 8:17am Sep 12, 2012 8:17am
2935 like speculated yesterday.

61.8 fib of this years high to this years low
Be hopeful in a winning position, and fearful in a losing position.
  • #691,046
  • Sep 12, 2012 8:18am Sep 12, 2012 8:18am
Quoting MaxDoom
new long @ 2901
max its struggling. sellers are not enough. in the last run it failed to cross 1.2920. i cleared my long in 10 pips.
  • #691,047
  • Sep 12, 2012 8:19am Sep 12, 2012 8:19am
looks like US will continue the bear slaughter...
  • #691,048
  • Sep 12, 2012 8:20am Sep 12, 2012 8:20am
Quoting Rag2RichesFX
2935 like speculated yesterday.

61.8 fib of this years high to this years low
I think it stalls there now.
  • #691,049
  • Sep 12, 2012 8:20am Sep 12, 2012 8:20am
1,2900 is a tough one.
COT: The precious data ignored
  • #691,050
  • Sep 12, 2012 8:20am Sep 12, 2012 8:20am
Quoting Nachiket
max its struggling. sellers are not enough. in the last run it failed to cross 1.2920. i cleared my long in 10 pips.

no need to panic, as always the trade is made for a reason and it will be what it will be...
  • #691,051
  • Sep 12, 2012 8:21am Sep 12, 2012 8:21am
[quote=KiwiTrada;6005818]
Quoting attila
Still working on it as explained..

Attachment [/quote

I have inverted hammer on 4hr on 1 broker 4hr spinning top the other
I have the same.

Maybe goes up to 2930 and double tops for NY.
2910ish first.
Be hopeful in a winning position, and fearful in a losing position.
  • #691,052
  • Sep 12, 2012 8:22am Sep 12, 2012 8:22am
What a perfect scalp time right now !!
How to opt out annoying user signatures ??
  • #691,053
  • Sep 12, 2012 8:24am Sep 12, 2012 8:24am
Quoting Quickiepip
looks like a whole lot of sideways
No. Looks like it's finding support. Beauty is in the eye of the beholder.
  • #691,054
  • Sep 12, 2012 8:25am Sep 12, 2012 8:25am
Quoting MaxDoom
no need to panic, as always the trade is made for a reason and it will be what it will be...
ok as u wish. i think buyers more and sellers less and this imbalance will create a fall
  • #691,055
  • Sep 12, 2012 8:26am Sep 12, 2012 8:26am
Quoting StopGuessing
Many here can related to your frustration. What I would suggest is not focusing on getting large capital. The most important thing is find a system which you can gain accurate entries. Once you have found that system, you can deposit small funds (10 dollars) and use high leverage on those very same entries. Today A friend of mind turned 15 dollars to over 310 bucks. In one day. What is the % profit on that?
Hi StopGuessing,

Any chance you could post a short write-up of how you trade the fibs? Finding a system for accurate entries is not easy. You do have a system in place. Maybe we will be also able to adapt it.

TF
  • #691,056
  • Sep 12, 2012 8:26am Sep 12, 2012 8:26am
Quoting Toranaga
What a perfect scalp time right now !!
Yes, 5 pip 1m candles and range bound between 20 pips is pretty nice.
Be hopeful in a winning position, and fearful in a losing position.
  • #691,057
  • Sep 12, 2012 8:30am Sep 12, 2012 8:30am
my average holding time at the moment is 30 sek to 2 min ..

No loss till now. I think i have to pause now, a loss will discourage me
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  • #691,058
  • Sep 12, 2012 8:34am Sep 12, 2012 8:34am
Quoting Nachiket
ok as u wish. i think buyers more and sellers less and this imbalance will create a fall
Nachiket....not sure what kind of 'fall' your expecting, but it won't be anything more than 40 pips.

Euro has a bit higher to go before we start to see any real chance of this going down, IMO.
  • #691,059
  • Sep 12, 2012 8:35am Sep 12, 2012 8:35am
Ben better not disappoint tomorrow... I don't want to see nice profits disappear in 5 seconds from central bankers hitting "sell gold/silver" as fast as they can.

I have a feeling he will but the market has it so priced in that I am hoping he won't.

As a matter of fact the German court ruling and QE3 were both being priced in. So at least the market wont completely fall if QE isn't this month because German ruling is official. People will just sell off slightly and wait until the week or two before next FED meeting and go hopium crazy again.
Be hopeful in a winning position, and fearful in a losing position.
  • #691,060
  • Sep 12, 2012 8:39am Sep 12, 2012 8:39am
Quoting almo
Nachiket....not sure what kind of 'fall' your expecting, but it won't be anything more than 40 pips.

Euro has a bit higher to go before we start to see any real chance of this going down, IMO.
I am not expecting a big fall but I know for sure that 70% shorters are out and there are less sellers of the euro now.
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