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EURUSD

  • #712,421
  • Oct 30, 2012 10:47am Oct 30, 2012 10:47am
good divergence setup at 15M TF. 1.2930
Maximizing your potentials!
  • #712,422
  • Oct 30, 2012 10:48am Oct 30, 2012 10:48am
Quoting tanvirbhatti
I don't understand this pair... Its very complicated... We see in the morning bearish and in the after noon we see its going bullish... What the hell is thisssssssssssssss...
welcome to the euro/usd where up is down and down is up.

the normal laws of the universe do not apply here.

i will probably get blasted for saying this but if you are a new trader my best advice to you would be to not even bother, you will make more money not getting involved in this "game" and just getting a part time job. most can only hope to break even and sadly most will lose.

when the pair heads in an odd direction somebody will inevitably pull out some news story/trendline/complex math equation to explain why it has done so but in the end you will come to realise that it is manipulated,
not 100 % but a great deal imo.

quite frankly if i hadn't invested so much time/money into this i would walk away myself.

just my opinion, best of luck to you....
  • #712,423
  • Oct 30, 2012 10:49am Oct 30, 2012 10:49am
Quoting matheszabi
Attachment

Is there any fundamental reason why is broken the channel? -trend change?
i am also curious , as the previous candle stick stops exactly at the TL ,bullish pattern emerging
  • #712,424
  • Oct 30, 2012 10:49am Oct 30, 2012 10:49am
eur/usd overbought @ 30 mi chart, and its reversing now. it should down to 1.2933 at the end of day
  • #712,425
  • Oct 30, 2012 10:51am Oct 30, 2012 10:51am
Quoting sudathkg
eur/usd overbought @ 30 mi chart, and its reversing now. it should down to 1.2933 at the end of day
hope youre right if thats the way you see it
  • #712,426
  • Oct 30, 2012 10:51am Oct 30, 2012 10:51am
Quoting tanvirbhatti
I don't understand this pair... Its very complicated... We see in the morning bearish and in the after noon we see its going bullish... What the hell is thisssssssssssssss...
if you want to rely on fundies u better have a deep pocket and be darn accurate about it.
  • #712,427
  • Oct 30, 2012 10:52am Oct 30, 2012 10:52am
Quoting sudathkg
eur/usd overbought @ 30 mi chart, and its reversing now. it should down to 1.2933 at the end of day
Maybe the last push from UK, than US and Asia will go to South
I want to buy PATIENCE
  • #712,428
  • Oct 30, 2012 10:52am Oct 30, 2012 10:52am
how much time did you invest already?
Quoting godrich
welcome to the euro/usd where up is down and down is up.

the normal laws of the universe do not apply here.

i will probably get blasted for saying this but if you are a new trader my best advice to you would be to not even bother, you will make more money not getting involved in this "game" and just getting a part time job. most can only hope to break even and sadly most will lose.

when the pair heads in an odd direction somebody will inevitably pull out some news story/trendline/complex math equation to explain why it has done so but...
  • #712,429
  • Oct 30, 2012 10:52am Oct 30, 2012 10:52am
Quoting sudathkg
eur/usd overbought @ 30 mi chart, and its reversing now. it should down to 1.2933 at the end of day
there is no sight of reversing, just some price reaction near the Upper TL and MA.
  • #712,430
  • Oct 30, 2012 10:54am Oct 30, 2012 10:54am
Quoting tankokjian
there is no sight of reversing, just some price reaction near the Upper TL and MA.
It's coming...
Weaknesses all over the rise.
COT: The precious data ignored
  • #712,431
  • Oct 30, 2012 10:54am Oct 30, 2012 10:54am
Quoting tankokjian
if you want to rely on fundies u better have a deep pocket and be darn accurate about it.
Its easier to be right on fundamentals , in comparison to technical analyses ... Just avoid rooting for position and you will be fine
"It's the Margin, Stupid."
  • #712,432
  • Oct 30, 2012 10:55am Oct 30, 2012 10:55am
Quoting kuroro001
It's coming...
Weaknesses all over the rise.
If it drops from here, it better drop hard, has to void that long candle I posted earlier.
  • #712,433
  • Oct 30, 2012 11:00am Oct 30, 2012 11:00am
Down Down Down!!!
  • #712,434
  • Oct 30, 2012 11:01am Oct 30, 2012 11:01am
no sign of bears as we speak....

Attached Image
  • #712,435
  • Oct 30, 2012 11:01am Oct 30, 2012 11:01am
Quoting Rouby
Down Down Down!!!
Up Up Up!!!
  • #712,436
  • Oct 30, 2012 11:02am Oct 30, 2012 11:02am
damn it , its so freakin slow , i have no patience....
  • #712,437
  • Oct 30, 2012 11:03am Oct 30, 2012 11:03am
Quoting attila
If it drops from here, it better drop hard, has to void that long candle I posted earlier.
It may take times...but this area is where it may fall down.
PA is turning here, so i've tried a short but how low it'll go since everything's closed now
COT: The precious data ignored
  • #712,438
  • Oct 30, 2012 11:03am Oct 30, 2012 11:03am
Quoting sudathkg
eur/usd overbought @ 30 mi chart, and its reversing now. it should down to 1.2933 at the end of day
It does what it wants. No obligations at all.
  • #712,439
  • Oct 30, 2012 11:04am Oct 30, 2012 11:04am
actually i looking at 90 , but seems like price is reluctant to go there becasuse of some impatient traders . no retest , thats disappointing !!!! (((
  • #712,440
  • Oct 30, 2012 11:04am Oct 30, 2012 11:04am
EU is always a funny pair that is way it is always interesting for me trading it. there is sign of up move weakening those not mean that it will not go up. It those mean that you should analyse for urself when to enter the trade. Not all move are for you. wait for your own setup and then enter the market.
Maximizing your potentials!
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