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  • #704,961
  • Oct 9, 2012 9:40pm Oct 9, 2012 9:40pm
Quoting KiwiTrada
hahaha no pa move is fake, is only fake if dont take profit before retrace,

does anyone know what time marvelous merkel spoke last night??
some time i feel pa get manipulated in feed , any one where it's come from ?
Mohan
  • #704,962
  • Oct 9, 2012 9:40pm Oct 9, 2012 9:40pm
Quoting John Gray
18.5 seconds later.... [Chicky]

look at H4. Large downward movement, small retrace, large downward movement, currently small retrace. Now a boring old "trade the trend" individual would consider selling. Tell me if im wrong, but it isnt really showing any bullish signals.
There we are.. Nice down move
Even the worst trade can close with profit. Just give it time.
  • #704,963
  • Oct 9, 2012 9:41pm Oct 9, 2012 9:41pm
Quoting KiwiTrada
hahaha no pa move is fake, is only fake if dont take profit before retrace,

does anyone know what time marvelous merkel spoke last night??
LOl. You'r are right. I took loss because there were no profits to take before this move happened.
The Thief of Wall Street
  • #704,964
  • Oct 9, 2012 9:41pm Oct 9, 2012 9:41pm
Quoting mohan76
any full pledge interventions welcome intervention
tech bro all tech, some big levels coming into play, expecting some pretty wild volatility
swissy possible topping cable below 1 6000 ac flirting parity etc etc could be exciting couple hrs if chuck in freaky frankie
If you are new to Forex? Say Goodbye to your account!!
  • #704,965
  • Oct 9, 2012 9:41pm Oct 9, 2012 9:41pm
Quoting triptizine
None for me either.. pure lines..
thought he meant no form of indication (no lines, oscillators, fibs hence the question)
Even the worst trade can close with profit. Just give it time.
  • #704,966
  • Oct 9, 2012 9:41pm Oct 9, 2012 9:41pm
Since the fall started during London yesterday, and NY continued it today, maybe Asia felt left out, and decided to join in.
Time turns trend. - W.D. Gann
  • #704,967
  • Oct 9, 2012 9:43pm Oct 9, 2012 9:43pm
risk aversion across the board
  • #704,968
  • Oct 9, 2012 9:47pm Oct 9, 2012 9:47pm
Quoting John Gray
you don't use any indicators?
indicators just make it worse, MAs here and there might help..levels usually work and s/r...keep it simple...
  • #704,969
  • Oct 9, 2012 9:47pm Oct 9, 2012 9:47pm
Price sure did freeze up.
Time turns trend. - W.D. Gann
  • #704,970
  • Oct 9, 2012 9:48pm Oct 9, 2012 9:48pm
Quoting Chicky
LOl. You'r are right. I took loss because there were no profits to take before this move happened.
Took a 10 pip loss on half 15 pip win on the other,

but i re entered @ 40, where you originally thought we might see a bounce
Be hopeful in a winning position, and fearful in a losing position.
  • #704,971
  • Oct 9, 2012 9:50pm Oct 9, 2012 9:50pm
Hi Guys, got lucky yest. Long gbp/usd hit TP b4 it came down. Well..looks pretty bearish at the moment based on PA. Sellers are strong at the moment. Where do you guys reckon we can do some contrarian trade?
  • #704,972
  • Oct 9, 2012 9:50pm Oct 9, 2012 9:50pm
Me thinking of going long right now with a tp @ 1.2888
Time turns trend. - W.D. Gann
  • #704,973
  • Oct 9, 2012 9:51pm Oct 9, 2012 9:51pm
8 min from ist bomb shell or fizzer
Attached Image (click to enlarge)
Click to Enlarge Name: Swissy 4hr 10 10 2012.jpg Size: 123 KB
If you are new to Forex? Say Goodbye to your account!!
  • #704,974
  • Oct 9, 2012 9:52pm Oct 9, 2012 9:52pm
Quoting ForExtraPips
Me thinking of going long right now with a tp @ 1.2888
This is a Strong demand area. Good time to long?
  • #704,975
  • Oct 9, 2012 9:53pm Oct 9, 2012 9:53pm
Quoting FineNumbers
indicators just make it worse, MAs here and there might help..levels usually work and s/r...keep it simple...
rsi for divergence and moving averages are all i use now (for indicators)
Be hopeful in a winning position, and fearful in a losing position.
  • #704,976
  • Oct 9, 2012 9:55pm Oct 9, 2012 9:55pm
Quoting Rag2RichesFX
Took a 10 pip loss on half 15 pip win on the other,

but i re entered @ 40, where you originally thought we might see a bounce
No. I am already long from 1.2970 and 1.2958. Wish I had waited.
The Thief of Wall Street
  • #704,977
  • Oct 9, 2012 9:56pm Oct 9, 2012 9:56pm
Quoting NoobInFX
This is a Strong demand area. Good time to long?
I'm going to. With a tight sl. Two pips below this low. Notice 35 came in play again. Harmonic number for this pair.
Time turns trend. - W.D. Gann
  • #704,978
  • Oct 9, 2012 9:59pm Oct 9, 2012 9:59pm
Quoting Chicky
This whole move may be fake. No change in gold, still above 1760
to me gold looks like it wants to test 1770, maybe means pullback in eu
Be hopeful in a winning position, and fearful in a losing position.
  • #704,979
  • Oct 9, 2012 9:59pm Oct 9, 2012 9:59pm
Quoting Rag2RichesFX
rsi for divergence and moving averages are all i use now (for indicators)
I search for divergence when there is a steep dive to my steepest trendline. Trends like this is bound to have a retracement. So usually, my chart is pretty neat without any indicators as...the trendline is the psychology of the market at the moment. Please correct my method if im wrong. Still relatively new.
  • #704,980
  • Oct 9, 2012 10:00pm Oct 9, 2012 10:00pm
Quoting ForExtraPips
I'm going to. With a tight sl. Two pips below this low. Notice 35 came in play again. Harmonic number for this pair.
Sounds like a good Risk to reward ratio. Ill join you.
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