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EURUSD

  • #705,581
  • Oct 11, 2012 1:17am Oct 11, 2012 1:17am
EUR could rise on expectation of Spanish bailout, especially with latest downgrade. All depends on bond yields.
"The market can remain irrational longer than you can remain solvent"
  • #705,582
  • Oct 11, 2012 1:18am Oct 11, 2012 1:18am
This hourly bottom formation is surely not a reversal...most likely a retracement.

What goes up goes back down sooner or later.
COT: The precious data ignored
  • #705,583
  • Oct 11, 2012 1:18am Oct 11, 2012 1:18am
euro will drop...too many signs showing weakness of euro.....watch out...
  • #705,584
  • Oct 11, 2012 1:20am Oct 11, 2012 1:20am
entered short with 15 sl,let see how it move
Slow and Steady!
  • #705,585
  • Oct 11, 2012 1:23am Oct 11, 2012 1:23am
Quoting slow_trader
euro will drop...too many signs showing weakness of euro.....watch out...
I think wie will see 1.2900 area first...... i am long for now
Maximizing your potentials!
  • #705,586
  • Oct 11, 2012 1:24am Oct 11, 2012 1:24am
This is not a retrace, and this is not either normal buying.

This is something different. I guess probably short squeeze coming, market makers at work filling 4hr sell candle up to 95 and targeting stops at 05/10 whatever.

Fuckin' S&P when they announced after NYSE market close yesterday. Nice dip.
They think they are smarter than I am.
  • #705,587
  • Oct 11, 2012 1:26am Oct 11, 2012 1:26am
Quoting NoobInFX
Anybody joined me long gbp/jpy? im pretty lost now... im riding on 16 pips profit. should i take it? or go for my ultimate tp of 60 pips?
Have a look at your 4hr chart
  • #705,588
  • Oct 11, 2012 1:27am Oct 11, 2012 1:27am
Quoting faizpakoh
entered short with 15 sl,let see how it move

http://img543.imageshack.us/img543/6459/tombstonex.jpg
  • #705,589
  • Oct 11, 2012 1:29am Oct 11, 2012 1:29am
Quoting brio
I think wie will see 1.2900 area first...... i am long for now
hahahaha true forex at work, one long one short, one will make money one will lose money, with good money management / plan, both can make money, with poor mm / plan both can lose money hahahaha the vicious world of forex
If you are new to Forex? Say Goodbye to your account!!
  • #705,590
  • Oct 11, 2012 1:33am Oct 11, 2012 1:33am
S&P came from no where and caused a fall and now this shit has reversed the entire fall but in the process I took out my good buy order
  • #705,591
  • Oct 11, 2012 1:33am Oct 11, 2012 1:33am
Quoting Z3iz3i
This is not a retrace, and this is not either normal buying.

This is something different. I guess probably short squeeze coming, market makers at work filling 4hr sell candle up to 95 and targeting stops at 05/10 whatever.

Fuckin' S&P when they announced after NYSE market close yesterday. Nice dip.
yes agree.
  • #705,592
  • Oct 11, 2012 1:34am Oct 11, 2012 1:34am
Quoting slow_trader
euro will drop...too many signs showing weakness of euro.....watch out...


It's only really in D1 that I can see this weakness, the shorter terms seem to be on the up this morning
Attached Image (click to enlarge)
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  • #705,593
  • Oct 11, 2012 1:34am Oct 11, 2012 1:34am
Quoting Nachiket
yes agree.
they are following some sequence here.

trapped longs on Monday
shorts on Tuesday( Enter the draghon)
longs on wednesday(S&P)

thursday????????????
  • #705,594
  • Oct 11, 2012 1:35am Oct 11, 2012 1:35am
Quoting Z3iz3i
This is not a retrace, and this is not either normal buying.

This is something different. I guess probably short squeeze coming, market makers at work filling 4hr sell candle up to 95 and targeting stops at 05/10 whatever.

Fuckin' S&P when they announced after NYSE market close yesterday. Nice dip.
Oh yes,she's a goin higher.
You can remain irrational longer than you can remain solvent.
  • #705,595
  • Oct 11, 2012 1:36am Oct 11, 2012 1:36am
Quoting hindustani
lol btw i already close my short for 3 pips
Slow and Steady!
  • #705,596
  • Oct 11, 2012 1:37am Oct 11, 2012 1:37am
waiting for that break
  • #705,597
  • Oct 11, 2012 1:39am Oct 11, 2012 1:39am
Quoting fxsr
waiting for that break
Inserted Video
  • #705,598
  • Oct 11, 2012 1:39am Oct 11, 2012 1:39am
If sellers are there...they should be selling right now...then it'll be too late.
COT: The precious data ignored
  • #705,599
  • Oct 11, 2012 1:43am Oct 11, 2012 1:43am
Quoting Z3iz3i
This is not a retrace, and this is not either normal buying.

This is something different. I guess probably short squeeze coming, market makers at work filling 4hr sell candle up to 95 and targeting stops at 05/10 whatever.

Fuckin' S&P when they announced after NYSE market close yesterday. Nice dip.
but information was passed to big fish before that, we had abnormal pa during London close
Mohan
  • #705,600
  • Oct 11, 2012 1:44am Oct 11, 2012 1:44am
So, pair has taken out yesterday and todays open prices and yesterday's London fix close.

Don't rely too much on 4hr channel, there is a great support down there and seemingly playing inside daily/weekly channel (+triangle).
They think they are smarter than I am.
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