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  • #708,281
  • Oct 16, 2012 6:52pm Oct 16, 2012 6:52pm
Quoting attila
fat lady didn't start to sing yet.. she's having some diet coke back stage.. but when she'll start singing she'll drop through the stage and we'll be looking for her in the basement somewhere..lol.
ahahahhahahaahhaahahhaha
  • #708,282
  • Oct 16, 2012 6:53pm Oct 16, 2012 6:53pm
typical higher run before Tokyo and then retrace. Rarely does Aussie and those session keep a trend going that far if it is a HH. They usually retrace off pretty good. In this case probably 3000 or even lower to 80 or so.
  • #708,283
  • Oct 16, 2012 6:56pm Oct 16, 2012 6:56pm
She looks to be losing some momentum.

Odd patterns showing up and price action maybe heading down......time for a breather perhaps.
  • #708,284
  • Oct 16, 2012 6:57pm Oct 16, 2012 6:57pm
Nice 'dip' to take up position........
  • #708,285
  • Oct 16, 2012 6:58pm Oct 16, 2012 6:58pm
Quoting attila
if this level gives, then I don't know where will it stop.. 3400 maybe..
if bears cant hold her around here, (and i think them will) next stop is previous 4hr high 3171
her need get below 3108 then 3000 physc, then could be nice drop agreed is some bear work ahead, but no way could be buy at top this nice bull run
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1hr 17 10 2012.jpg Size: 137 KB
If you are new to Forex? Say Goodbye to your account!!
  • #708,286
  • Oct 16, 2012 6:58pm Oct 16, 2012 6:58pm
Quoting DudeSepii
The 'dips' are too small......less than 10 pips....
dips are relative to time frame and what you call a trend. If you are going to buy dips usually you look in the 25-50 range or more depending on market condition and relations to strong levels of S/R. Right now I would not expect much more than 40 and then a retest or move higher to test the top. I sold at 19 because it is normal to sell of during these sessions if they make a high which in itself is not very often.
  • #708,287
  • Oct 16, 2012 7:00pm Oct 16, 2012 7:00pm
Quoting QuantumLimit
She looks to be losing some momentum.

Odd patterns showing up and price action maybe heading down......time for a breather perhaps.
That we call 'retrace' and it is normal. It needs to take a breather before another push.
  • #708,288
  • Oct 16, 2012 7:01pm Oct 16, 2012 7:01pm
Oh GBPEUR has hit 1.23 ...... that sould ...make someone rich?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #708,289
  • Oct 16, 2012 7:02pm Oct 16, 2012 7:02pm
Quoting TRMZXT
dips are relative to time frame and what you call a trend. If you are going to buy dips usually you look in the 25-50 range or more depending on market condition and relations to strong levels of S/R. Right now I would not expect much more than 40 and then a retest or move higher to test the top. I sold at 19 because it is normal to sell of during these sessions if they make a high which in itself is not very often.
As long as it is not more than 50 pips....hope is still there.
  • #708,290
  • Oct 16, 2012 7:04pm Oct 16, 2012 7:04pm
Quoting attila
fat lady didn't start to sing yet.. she's having some diet coke back stage.. but when she'll start singing she'll drop through the stage and we'll be looking for her in the basement somewhere..lol.
Ur fat lady has pisst me off 4 now
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #708,291
  • Oct 16, 2012 7:04pm Oct 16, 2012 7:04pm
One of the peaks will be a turning point which is not re-attained for a long time though......

but we never know til later

In these conditions, all technical analysis, is out of the window!
  • #708,292
  • Oct 16, 2012 7:05pm Oct 16, 2012 7:05pm
do not short this unless u like to donate... then ill give u my paypal

let it ride and see during NY where it is.
  • #708,293
  • Oct 16, 2012 7:06pm Oct 16, 2012 7:06pm
Quoting DudeSepii
Nice 'dip' to take up position........
maybe..if breaks this dip, we have the last at 1.3060!
  • #708,294
  • Oct 16, 2012 7:07pm Oct 16, 2012 7:07pm
Quoting sidhujag
do not short this unless u like to donate... then ill give u my paypal

let it ride and see during NY where it is.
give mine too!!
  • #708,295
  • Oct 16, 2012 7:08pm Oct 16, 2012 7:08pm
Quoting sidhujag
do not short this unless u like to donate... then ill give u my paypal


why? Short as in what... long term or 1M scalping. I just make 20 pips. LOL Not telling people to do something is rather amusing. You can trade both way if you know what you are doing.
  • #708,296
  • Oct 16, 2012 7:10pm Oct 16, 2012 7:10pm
Quoting Avir
Ur fat lady has pisst me off 4 now
Just give her some time.. She fat. She needs a crane to get up on the stage.. We're talking 400 pips drop here.. Not straight of course but that's her size we're talking about..
  • #708,297
  • Oct 16, 2012 7:11pm Oct 16, 2012 7:11pm
im short from 1.312, you guys think london will try to take out this high again?
  • #708,298
  • Oct 16, 2012 7:11pm Oct 16, 2012 7:11pm
Quoting TradeForexFx
Is this the one you have, http://zalil.ru/33858984

I have following using the above:
SELL
Entry 1: 1.29411 - entry not activated
Entry 2: 1.29991 - entry activated
TP 1: 1.28833
TP 2: 1.28256
SL : 1.30572 - busted

I am using FXDD and have autogmt false and manualGMToffset 2.
The famous Goiler - suffered SL yesterday
(mind you Goiler is no comparison to Xandi)

SELL
Entry 1: 1.30423 - entry not activated
Entry 2: 1.30968 - entry activated - presently negative
TP 1: 1.29879
TP 2: 1.29337
SL : 1.31513

TP for entry 2 suggested at 1.30423
Attached Image (click to enlarge)
Click to Enlarge Name: goiler oct 16.gif Size: 17 KB
  • #708,299
  • Oct 16, 2012 7:12pm Oct 16, 2012 7:12pm
Quoting xandi
maybe..if breaks this dip, we have the last at 1.3060!
I got 3124 the highest. Anyone else have better?
  • #708,300
  • Oct 16, 2012 7:16pm Oct 16, 2012 7:16pm
had my Stop Loss wrong, downgrade it to 1.2970..it might seems wrong and risky, but is ok for me...those who want tight stop, below 1.3055 can work as SL...
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