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  • #707,661
  • Oct 16, 2012 2:35am Oct 16, 2012 2:35am
Quoting mohan76
dutch data due in 5m , can they do any magic today ?
Don't know, I went short and now 5 pips in profit
New voice message: Why are you calling me? If I need you, I'll call you!
  • #707,662
  • Oct 16, 2012 2:35am Oct 16, 2012 2:35am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
went short at 2994 / stop loss 20 pips / TP = 2944 (just above DP)
The forex market has its own life and takes its own time.
  • #707,663
  • Oct 16, 2012 2:36am Oct 16, 2012 2:36am
Quoting screwup
Ouch!!!!! I hope you are right..
  • #707,664
  • Oct 16, 2012 2:38am Oct 16, 2012 2:38am
Quoting KillerWhale
Don't know, I went short and now 5 pips in profit
Wow good that I took those 5 pips as profit.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #707,665
  • Oct 16, 2012 2:39am Oct 16, 2012 2:39am
well..not much momentum though.. just a lot of stubbornness.
There are those who know, and there are those who don't know.
  • #707,666
  • Oct 16, 2012 2:41am Oct 16, 2012 2:41am
taken some stops where it going to go first 20 or 90 ?
Mohan
  • #707,667
  • Oct 16, 2012 2:42am Oct 16, 2012 2:42am
Quoting KillerWhale
Wow good that I took those 5 pips as profit.
By the hair of your chiny chin chin. LOL I'm glad you did to... I wish it would have come down just a little bit more but nice bounce up off previous resistance..
  • #707,668
  • Oct 16, 2012 2:42am Oct 16, 2012 2:42am
Here comes the kicking ass bull time.
Still side line for today...no opportunity to short it yet
COT: The precious data ignored
  • #707,669
  • Oct 16, 2012 2:43am Oct 16, 2012 2:43am
Quoting mohan76
taken some stops where it going to go first 20 or 90 ?
now that the "holy" *pun intended* level is broken.. think its going to lose all the "stubbornness it head to achieve that -- there is no aggressive way. maybe -- I'm in denial but it just seems reluctant to go up.
There are those who know, and there are those who don't know.
  • #707,670
  • Oct 16, 2012 2:43am Oct 16, 2012 2:43am
Quoting Vilgax
went short at 2994 / stop loss 20 pips / TP = 2944 (just above DP)
i am short 1.3009 and will add another if pa allow @15 sl above 1 3025
If you are new to Forex? Say Goodbye to your account!!
  • #707,671
  • Oct 16, 2012 2:44am Oct 16, 2012 2:44am
die bulls die
  • #707,672
  • Oct 16, 2012 2:45am Oct 16, 2012 2:45am
Quoting NoobInFX
If i get stopped out for this 1.3020. I will quit trading forex for this week!
That's the last Resistance level for today... Hope it won't reach there... But I think it will seeing it already reached 1.3011 high and still doesn't show any retracement...
  • #707,673
  • Oct 16, 2012 2:46am Oct 16, 2012 2:46am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting Vilgax
went short at 2994 / stop loss 20 pips / TP = 2944 (just above DP)
stopped out -20 pips...looks like it wants 3027 and maybe even 3060 region...
The forex market has its own life and takes its own time.
  • #707,674
  • Oct 16, 2012 2:46am Oct 16, 2012 2:46am
Quoting mohan76
taken some stops where it going to go first 20 or 90 ?
her contrarian sister has hit stubborn support, the battle begins, yen is ramapnat, her need some brakes :nerd:no brakes i will be clipped and sidelined
If you are new to Forex? Say Goodbye to your account!!
  • #707,675
  • Oct 16, 2012 2:46am Oct 16, 2012 2:46am
Quoting KiwiTrada
i am short 1.3009 and will add another if pa allow @15 sl above 1 3025
i guess broker gap resistant around 35/36 (lastweek)
Mohan
  • #707,676
  • Oct 16, 2012 2:47am Oct 16, 2012 2:47am
Quoting forex_J
die bulls die
is that a technical strategy or fundamental ? or a mixture of both ?
  • #707,677
  • Oct 16, 2012 2:48am Oct 16, 2012 2:48am
Just been standing here in my corner screaming BULL warning all day.

I would not short this yet.

Must wait.

Have patience.

Up 61 pips as my "crack pot" addiction forced my finger to Buy at 2.997 and I cashed out already at 1.3010

....................

But I would NOT short this without some serious price action confirmation. This is one of those nights where the market can go LONG all night. 1.3150 is not out of the question.

If you're looking at "complicated charts" and using nothing but indicators.......you're in for a rough night. (in my opinion).

Stay patient.

And be very careful Bears!
  • #707,678
  • Oct 16, 2012 2:48am Oct 16, 2012 2:48am
had my first loss this month,not because of my indicator,i entered short at 1.2963x area(without sl) and i fell asleep,what a bad day
Slow and Steady!
  • #707,679
  • Oct 16, 2012 2:49am Oct 16, 2012 2:49am
Quoting chazzle
is that a technical strategy or fundamental ? or a mixture of both ?
both but rather technical
  • #707,680
  • Oct 16, 2012 2:49am Oct 16, 2012 2:49am
Quoting Vilgax
stopped out -20 pips...looks like it wants 3027 and maybe even 3060 region...
Yes....this Bull can flex it's muscles tonight.

Bears be careful.
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