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EURUSD

  • #711,761
  • Oct 26, 2012 8:24am Oct 26, 2012 8:24am
keep option open for bearish , Friday and new york most dangerous mix

watching 26/32
Mohan
  • #711,762
  • Oct 26, 2012 8:27am Oct 26, 2012 8:27am
34 will make this long.
  • #711,763
  • Oct 26, 2012 8:28am Oct 26, 2012 8:28am
Guyssss help me is there any way to hit the EURUSD at 1.2899 or should i closed my current trades that is now in losing... I am shorting EURUSD...
  • #711,764
  • Oct 26, 2012 8:29am Oct 26, 2012 8:29am
We are still affected by QE, and the NY traders just want to sell their newly printed dollars as soon as their turn comes with the US trading session times

I cant see logic to the price rise, good news, maybe calls for risk -on again, however long term trend, H1, H4, D1 still downwards.
  • #711,765
  • Oct 26, 2012 8:30am Oct 26, 2012 8:30am
whoever shorted come out now
  • #711,766
  • Oct 26, 2012 8:30am Oct 26, 2012 8:30am
This is totally rubbish. Bear again put its a*s into bullish trap. Bull gonna set back to the daily trendline again that will be a great failure for bear. I stopped my sell order with none. I will not give any damn to this bear.
You cannot learn better without losing
  • #711,767
  • Oct 26, 2012 8:32am Oct 26, 2012 8:32am
Quoting MaxDoom
Well I am not the biggest student of trendlines so I will give a you quick view of what I see....

The rise from 1.204x to 1.317x exactly tapped the 78% retrace level of the swing down 1.348x to 1.204x that is normally a max level for a retrace so I work on the assumption that the correction is complete unless 317x gives way.

Next I look at the swing retrace of the swing 1.204x to 1.317x which is a big move to continue without retrace and all the time we are between those prices I assume a retrace is happening.
The retrace has so far only completed...
I appreciate that ...Thank you.
Youre an example of what us traders should be doing more on this forum, to help each other. Value like that is hard to come by, compared to some who enjoy pissing contests... cheers mate
  • #711,768
  • Oct 26, 2012 8:32am Oct 26, 2012 8:32am
Quoting mohan76
keep option open for bearish , Friday and new york most dangerous mix

watching 26/32
Agree. Watching 1.2935 level on EUR/USD and tracking XAU for short. London taking this up before warm beer at the pub, and while risk on may be the mood today, the trend looks down.
"The market can remain irrational longer than you can remain solvent"
  • #711,769
  • Oct 26, 2012 8:33am Oct 26, 2012 8:33am
TIP: if we get a hourly close above 2920 then to me its straight bullish other wise if closed under 2920 then straight bearish,

just trade safe fellow friend traders!
Learning Requires Failure
  • #711,770
  • Oct 26, 2012 8:34am Oct 26, 2012 8:34am
I'm waiting for this hourly candle to see if it closes below 32, then watch as that area is now resistance instead of support.
Time turns trend. - W.D. Gann
  • #711,771
  • Oct 26, 2012 8:39am Oct 26, 2012 8:39am
enter at 2940 stops at 2955 for a tp of 2850-2825
incase if we hit stops buy above 2960 for a tp of 3015 with stops at 2935
  • #711,772
  • Oct 26, 2012 8:44am Oct 26, 2012 8:44am
There's a surprise, NY spike with no follow through
  • #711,773
  • Oct 26, 2012 8:45am Oct 26, 2012 8:45am
Quoting bennyblanco
There's a surprise, NY spike with no follow through
Next hour looks very bearish.
Time turns trend. - W.D. Gann
  • #711,774
  • Oct 26, 2012 8:47am Oct 26, 2012 8:47am
Quoting attila
34 will make this long.
why your numbers are so pin point acurate....?
  • #711,775
  • Oct 26, 2012 8:47am Oct 26, 2012 8:47am
Quoting attila
34 will make this long.
or maybe short
Attached Image (click to enlarge)
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  • #711,776
  • Oct 26, 2012 8:51am Oct 26, 2012 8:51am
be carefull cause price has high probability end above 1.2930
Quoting xandi
think the day will end up the supperior line, only shadow below that..no decision of breaking nightmare zone once moree,...only traps after traps!

ps: the only trade this day I had was a long since 2895, stupidity closed!
http://www.forexfactory.com/attachme...1&d=1351257747
  • #711,777
  • Oct 26, 2012 8:51am Oct 26, 2012 8:51am
This is why I don't trade NY session, very sh*t PA
  • #711,778
  • Oct 26, 2012 8:55am Oct 26, 2012 8:55am
Quoting ForExtraPips
Next hour looks very bearish.
for YEN
  • #711,779
  • Oct 26, 2012 8:57am Oct 26, 2012 8:57am
Quoting MaxDoom
or maybe short
nice Max back to 33 this mornings number just above ... 61.8 fib of todays swing. nice possible entry for short ...lets see how hour closes off . maybe 50% extention target ... .2864
  • #711,780
  • Oct 26, 2012 8:58am Oct 26, 2012 8:58am
Quoting keradk
why your numbers are so pin point acurate....?
it was a good call!
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