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EURUSD

  • #702,041
  • Oct 3, 2012 10:01am Oct 3, 2012 10:01am
Quoting MaxDoom
take two...
and follow the two line ... long - short - long - short - long - and .... long.
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  • #702,042
  • Oct 3, 2012 10:02am Oct 3, 2012 10:02am
Quoting morob
This is chart from chief analyst with 26 years of experience if he see possible H&S here... well what do You think? ...

Head N shoulders are supposed to end an uptrend not a downtrend
it s not a continuation pattern .

Right ???
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
  • #702,043
  • Oct 3, 2012 10:02am Oct 3, 2012 10:02am
Quoting anton.olff
What is interesting is how static NY is now. I recall that they would normally take the EUR to a new high (or maybe that was the last London move before the lads headed to the pub?)...and then NY would hammer the EUR for 50-100+ pips. Those days may be gone....for now.
Yep, I'm UK based so it suits me to just trade London. Working on the discipline to stay away from NY, can be tempting after a fairly boring morning but should have been happy with the 20 pips I got

NY is very flat these days, NFP day usually gives fireworks but is often complete gambling
  • #702,044
  • Oct 3, 2012 10:03am Oct 3, 2012 10:03am
Quoting tirmizi
greatest pump and dump in history of today's trading coming
and here comes the dumpster
Learning Requires Failure
  • #702,045
  • Oct 3, 2012 10:04am Oct 3, 2012 10:04am
This smells like we are going to go down.


Closed my long, opened new short at 1.2903
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  • #702,046
  • Oct 3, 2012 10:06am Oct 3, 2012 10:06am
Quoting Kambooj
Yes, forex is complicated, and if you just base everything on Astrology, you are apt to make a lot of bad trades. You have to rely more on trendlines and behaviour relative to trendlines to make a judgement, but at times it can give you a timing range (ie +1/-1 day) that a important low/high is about to occur.
I use cycle and angles and it's work for me, but not that astrological part.. still hard for me to learn it..lol
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  • #702,047
  • Oct 3, 2012 10:07am Oct 3, 2012 10:07am
Quoting aerotrade
Head N shoulders are supposed to end an uptrend not a downtrend
it s not a continuation pattern .

Right ???
Yes and what could be observed from 1.2803 to 1.2969
how do You name that? in 4H TF You can also observe inverted H&S
but both of them are not valid yet...
  • #702,048
  • Oct 3, 2012 10:07am Oct 3, 2012 10:07am
Quoting almo
This smells like we are going to go down.


Closed my long, opened new short at 1.2903
I went into "buying dip" mode.
Bought where you sold...stop 1,2880...if stopped i'll check 1,2850 and the lows for new buys for 1,3040 & 1,3080-1,3110
COT: The precious data ignored
  • #702,049
  • Oct 3, 2012 10:07am Oct 3, 2012 10:07am
Quoting stevewalker
sad to hear that

but we all loose

there are no single trader that has not loose

saying those words by your own is another thing

but posting those is another thing

think about it

walker.
no one except me !!! poor gain... but today very difficult
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  • #702,050
  • Oct 3, 2012 10:08am Oct 3, 2012 10:08am
Quoting bennyblanco
Yep, I'm UK based so it suits me to just trade London. Working on the discipline to stay away from NY, can be tempting after a fairly boring morning but should have been happy with the 20 pips I got

NY is very flat these days, NFP day usually gives fireworks but is often complete gambling
I am living and working in Eastern Europe which is a good time zone for trading as I don't have to get up so early to catch the tail end of Asia, all of London...and most of NY if I want (I don't).
"The market can remain irrational longer than you can remain solvent"
  • #702,051
  • Oct 3, 2012 10:09am Oct 3, 2012 10:09am
Quoting MaxDoom
been a boring day but finally payday
Max, do you trade crude futures and spot forex on same trading platform?

... if so, who's your broker and which platform do you use? just curious, thnx
  • #702,052
  • Oct 3, 2012 10:14am Oct 3, 2012 10:14am
any people here would like to volunteer so we can set a direction for EURUSD?
What do you guys want? get long or get short?

coz it's pretty tiring here...
  • #702,053
  • Oct 3, 2012 10:15am Oct 3, 2012 10:15am
Quoting DeReas
US Data Bad News E/U Go UP
US Data Good News E/U Go UP



http://4.bp.blogspot.com/-KZqhwNpkGu...-chan-meme.jpg

Total manipulation at it's highest. I personally though I do well am thinking about trading other pairs. the EURUSD has a whole bunch of BS.
  • #702,054
  • Oct 3, 2012 10:17am Oct 3, 2012 10:17am
I am short from 1.2900 and 1.2904 for tp 1.2885
  • #702,055
  • Oct 3, 2012 10:17am Oct 3, 2012 10:17am
Quoting morob
Yes and what could be observed from 1.2803 to 1.2969
how do You name that? in 4H TF You can also observe inverted H&S
but both of them are not valid yet...
each trader have his own interpretation , i see a downtrend overshoot retracement for pullback on a multimonth trendline and now a descending triangle and probable continuation , that s my current scenario .
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
  • #702,056
  • Oct 3, 2012 10:19am Oct 3, 2012 10:19am
150 bucks. done for the day
GL everyone
  • #702,057
  • Oct 3, 2012 10:19am Oct 3, 2012 10:19am
Hopefully I CAN earn 10 points here.
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He who guess is LOST!
  • #702,058
  • Oct 3, 2012 10:19am Oct 3, 2012 10:19am
Quoting Fx-gtg
150 bucks. done for the day
GL everyone
Thats the way to trade my friend.
He who guess is LOST!
  • #702,059
  • Oct 3, 2012 10:21am Oct 3, 2012 10:21am
Quoting anton.olff
I am living and working in Eastern Europe which is a good time zone for trading as I don't have to get up so early to catch the tail end of Asia, all of London...and most of NY if I want (I don't).
With current market dynamics, Europe is the place to be. Asia is glacial, NY is all over the place. Had a not so good few weeks, which forced me to have a really good look at what I was doing. Working on discipline and sticking to my strategy, you don't always have to be in a trade is a key point. The main improvement though is ditching NY trading
  • #702,060
  • Oct 3, 2012 10:21am Oct 3, 2012 10:21am
Quoting StopGuessing
Hopefully I CAN earn 10 points here.
I was kind of thinking its trying to bottom out. so be careful
Be hopeful in a winning position, and fearful in a losing position.
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