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  • #701,901
  • Oct 3, 2012 7:12am Oct 3, 2012 7:12am
Quoting anton.olff
Indeed. The change seemed to have happened early this summer and has continued. I had thought that it might be due to a state of limbo caused by the lack of direction or belief in direction of the EUR, as well as the mixed signals from the U.S., but that should have added to the volatility.

A good friend-whom is a very good trader of these current "herky-jerky" markets, suggested that perhaps HFT algos are now being used everywhere (not just in the USA) and that they were installed/loaded during the relatively slow summer months. We shall see....
Yes you are probably correct, the only thing with the EU is that it's one thing after the other, 1st Greece, then Italy, now Spain, next France who know's...at least USA do not have all these different problems just one big one, and this will now continue up to the US elections.
  • #701,902
  • Oct 3, 2012 7:13am Oct 3, 2012 7:13am
Quoting mahimahi
Have your stops ready for ADP nos!!
i dont play like that...i wait for candle to form on my trading time frame m5 and then i check out my perspective trading on m30 if all good i check my h4 for further movements....thats my plan

good luck buddy
  • #701,903
  • Oct 3, 2012 7:13am Oct 3, 2012 7:13am
Quoting KiwiTrada
This is eu daily and clearly shows the inverted H&S just about everyone here was trading mid july, excuse the fibs just something I watching on lower timeframes

It also shows present "falling channel" aka bull flag, if pa will breach the 38fib and or the utl of the channel, bulls will definitely be in ontrol for some nice pips, however it is a falling channel and for as long as the utl is repsected bears are in control, this is the proverbial bull bear battle, bulls want to breach retest and hold the utl of channel and bull flag fruits,...
Looks 1h foming h&s
Mohan
  • #701,904
  • Oct 3, 2012 7:14am Oct 3, 2012 7:14am
Quoting screwup

[/quote]
[quote=screwup;6065299]
Daytrader
  • #701,905
  • Oct 3, 2012 7:18am Oct 3, 2012 7:18am
Positive data for USA, but no significant moves until now. I can't decide what to do.

Price is caught between 80 and 1,2940.
  • #701,906
  • Oct 3, 2012 7:22am Oct 3, 2012 7:22am
took the short @2912 lets see if it has any legs
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  • #701,907
  • Oct 3, 2012 7:23am Oct 3, 2012 7:23am
Ouff , thank Forex gods ... no spikes !

Update : Why the hell Gold is spiking ?!
"It's the Margin, Stupid."
  • #701,908
  • Oct 3, 2012 7:23am Oct 3, 2012 7:23am
Quoting mahimahi
What's your point??
it doesn't make any sense to me......if it does definitely not on m1...its either you long on the daily and short on small time frame to lock in some profits.......

1 MIN IS USELESS
  • #701,909
  • Oct 3, 2012 7:24am Oct 3, 2012 7:24am
Quoting SnaveForex
i dont play like that...i wait for candle to form on my trading time frame m5 and then i check out my perspective trading on m30 if all good i check my h4 for further movements....thats my plan

good luck buddy

btw;M1 Zoom chart used for that particular PA.
(I don't use M1 for scalps! whatever your assumptions are dude!)

Some prefer M5,Some prefer H4 - good luck buddy!
I don't play like that-who cares lol!
Green pips to you!
Daytrader
  • #701,910
  • Oct 3, 2012 7:25am Oct 3, 2012 7:25am
guys & gals

good afternoon

as I had menitoed last night

we had 2 poss & they both happened

just missed to top level with some pips.

I had exit my longs with some profit due I had to visit my doctor today about my broken ankle

so back now & will try to make some pips today

Quoting stevewalker
technically long

pattern base short

a great conflict

whom reslove the conflict gets the prize


Quoting stevewalker
my conclusion

price is sitting on exectly %50 of 2943 / 2888 ( 4H )

so trading both directions has same risk no matter what

when daily TL comes into play I will trade long with retract

but entering here a long with low risk

longs will be entered till 2880

walker.
  • #701,911
  • Oct 3, 2012 7:26am Oct 3, 2012 7:26am
flat across the board 2912 is daily open during asian
  • #701,912
  • Oct 3, 2012 7:26am Oct 3, 2012 7:26am
Quoting Tadej89
Positive data for USA, but no significant moves until now. I can't decide what to do.

Price is caught between 80 and 1,2940.
positive data, EUR goes up
negative data, EUR goes up

2 recipes for forex failures: Greed + Fear
  • #701,913
  • Oct 3, 2012 7:26am Oct 3, 2012 7:26am
Finally a long position
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He who guess is LOST!
  • #701,914
  • Oct 3, 2012 7:26am Oct 3, 2012 7:26am
as seen again today price is in love with 2915

it is coiled around it

Quoting stevewalker
guys & gals

good afternoon

as I had menitoed last night

we had 2 poss & they both happened

just missed to top level with some pips.

I had exit my longs with some profit due I had to visit my doctor today about my broken ankle

so back now & will try to make some pips today
  • #701,915
  • Oct 3, 2012 7:27am Oct 3, 2012 7:27am
Quoting SnaveForex
it doesn't make any sense to me......if it does definitely not on m1...its either you long on the daily and short on small time frame to lock in some profits.......

1 MIN IS USELESS

you should have figured this one out by now dude!
Stick a bollinger band in there!!!
Daytrader
  • #701,916
  • Oct 3, 2012 7:29am Oct 3, 2012 7:29am
Quoting mohan76
Looks 1h foming h&s
yen did pop, waiting to see ahole is going openm purse strings plick
If you are new to Forex? Say Goodbye to your account!!
  • #701,917
  • Oct 3, 2012 7:29am Oct 3, 2012 7:29am
Let's all try to get to the winner's circle today
  • #701,918
  • Oct 3, 2012 7:30am Oct 3, 2012 7:30am
Quoting mahimahi
btw;M1 Zoom chart used for that particular PA.
(I don't use M1 for scalps! whatever your assumptions are dude!)

Some prefer M5,Some prefer H4 - good luck buddy!
I don't play like that-who cares lol!
Green pips to you!
I careless either...good luck to banking profits on m1 in a neutral market
  • #701,919
  • Oct 3, 2012 7:31am Oct 3, 2012 7:31am
price is in down channel with 5min to 4H charts ( all in between )

but a break up is also possible.


Quoting stevewalker
as seen again today price is in love with 2915

it is coiled around it
  • #701,920
  • Oct 3, 2012 7:32am Oct 3, 2012 7:32am
Quoting KillerkratZ
positive data, EUR goes up
negative data, EUR goes up

Its a curve ball. Give it some time and you will see EUR drop.
He who guess is LOST!
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