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EURUSD

  • #696,881
  • Sep 24, 2012 12:59pm Sep 24, 2012 12:59pm
i think its bull trap for miss informed traders who will be trapped massively till the last $
Learning Requires Failure
  • #696,882
  • Sep 24, 2012 1:03pm Sep 24, 2012 1:03pm
Quoting Smokeymar
I can't tell if you are being sarcastic with me.
he not too sarcastic more... eh.

in the morning london AND america are open and trading MOST volume most liquidity most volatility. carziest moves. biggest moves.

after noon ny time london is closed so there is less volume in the market. less liquidity. less craaaazy engrish. so less movement.

asian session is lowest liquidity lowest volume so generally smoother nice slower more boring movements.
  • #696,883
  • Sep 24, 2012 1:07pm Sep 24, 2012 1:07pm
Wake up people, there will be no down. Resistant weekly at 1.2894 and also in the same place daily trend.
  • #696,884
  • Sep 24, 2012 1:07pm Sep 24, 2012 1:07pm
Quoting tirmizi
i think its bull trap for miss informed traders who will be trapped massively till the last $
not sure how long will i be able to hold my shorts, before my impatience gets to me and i turn crazy..
  • #696,885
  • Sep 24, 2012 1:11pm Sep 24, 2012 1:11pm
all this time about holding shorts

i like to gently caress my shorts. play with them gently reasing their contents...
  • #696,886
  • Sep 24, 2012 1:12pm Sep 24, 2012 1:12pm
Quoting AlexejKir
not sure how long will i be able to hold my shorts, before my impatience gets to me and i turn crazy..
Place a stop and close your plateform before going crazy
COT: The precious data ignored
  • #696,887
  • Sep 24, 2012 1:15pm Sep 24, 2012 1:15pm
Quoting vaidas7777
Wake up people, there will be no down. Resistant weekly at 1.2894 and also in the same place daily trend.
no we are well awake, they gave us the sleeping pills of 1100mg (pips) so that traders sleep well in fools paradise that all is good with euro and we are going towards 1.3500 but when sleeping misinformed traders wake up they see their dreams broken instead of 1.35 we are at 1.15 or 1.13 lol

potentially we can reach as high as 1.3500 but

realistically we can reach as low as 1.1300 or lower!

now the question is should we trade potentially or realistically

i want to b realistic are you ???
Learning Requires Failure
  • #696,888
  • Sep 24, 2012 1:15pm Sep 24, 2012 1:15pm
Quoting kuroro001
Place a stop and close your plateform before going crazy
It looks like its building up ... It could make a decent bounce !

It is going after 1.29350 -
"It's the Margin, Stupid."
  • #696,889
  • Sep 24, 2012 1:44pm Sep 24, 2012 1:44pm
Quoting Vachus
It looks like its building up ... It could make a decent bounce !

It is going after 1.29350 -
you know what.. let it hit 1.29350.... better position to short it..
  • #696,890
  • Sep 24, 2012 1:47pm Sep 24, 2012 1:47pm
is it going to break 2935?
  • #696,891
  • Sep 24, 2012 1:50pm Sep 24, 2012 1:50pm
Things have been improving for the euro... I don't understand why it's still this low
I'll pick up the crumbs don't need the whole pie
  • #696,892
  • Sep 24, 2012 1:54pm Sep 24, 2012 1:54pm
closed 40% of my shorts
  • #696,893
  • Sep 24, 2012 1:54pm Sep 24, 2012 1:54pm
Quoting Quickiepip
Things have been improving for the euro... I don't understand why it's still this low
coz people buy euro only if economy is going up, if not they buy USD as safe haven.
as of today, germany is expected to go into recession soon... no a good news
  • #696,894
  • Sep 24, 2012 1:57pm Sep 24, 2012 1:57pm
Quoting divak
coz people buy euro only if economy is going up, if not they buy USD as safe haven.
as of today, germany is expected to go into recession soon... no a good news
right.....
  • #696,895
  • Sep 24, 2012 1:58pm Sep 24, 2012 1:58pm
closed most of my shorts.. waiting to see if breaks 1.29350. if not, adding more shorts
  • #696,896
  • Sep 24, 2012 1:58pm Sep 24, 2012 1:58pm
This 33 area is the last resistance before 45...then it's all for the bulls and poor bears will get hurt

Bears are defending their territory
COT: The precious data ignored
  • #696,897
  • Sep 24, 2012 2:00pm Sep 24, 2012 2:00pm
Quoting kuroro001
This 33 area is the last resistance before 45...then it's all for the bulls and poor bears will get hurt
whats happening in NY session is nothing. what matters is where London moves it.
no volume here. large players are in london
  • #696,898
  • Sep 24, 2012 2:00pm Sep 24, 2012 2:00pm
Quoting PipTrapper
No the bears are not strong. It's just that the bulls are very skeptical, and after the bad news out of Europe since last week, who can blame them?

So, what cannot go up, usually comes down.
Found your shark pattern lol
Attached Image (click to enlarge)
Click to Enlarge Name: Shark Pattern.PNG Size: 49 KB
  • #696,899
  • Sep 24, 2012 2:00pm Sep 24, 2012 2:00pm
1.2935 is very strong resistance level.
  • #696,900
  • Sep 24, 2012 2:02pm Sep 24, 2012 2:02pm
PA is not really relevant at this time, NY only knows to sell dollar. so its just a no brainer.
after london close, get long, wait. take profit.
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