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EURUSD

  • #719,661
  • Nov 20, 2012 8:42am Nov 20, 2012 8:42am
possible scenarios for short (counter trend):

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  • #719,662
  • Nov 20, 2012 8:43am Nov 20, 2012 8:43am
Quoting AmberLynn
Buhahahha... Yes that is my name.

In that case . . . . . . . she was (and is) one gorgeous lady!
  • #719,663
  • Nov 20, 2012 8:43am Nov 20, 2012 8:43am
It still looks long but the inbreds are driving it so they'll probably crap their pants for the next 2 hours...
  • #719,664
  • Nov 20, 2012 8:46am Nov 20, 2012 8:46am
Quoting gatorinla
in your scalpers world this may be true. many scalpers give it up and come over to a higher tf.. and the more successful scalpers that i know, pay attention the lager tf's. and try to catch the big move. i just like to find something working, and stick to it..
Well, I for sure see no reason to move up in time frame. The higher time frame is only created by the lower time frames. Not to mention, on the lower time frames you have much more entries. Higher time frames create trading bias which in turn cause you to freeze free margin which you could use for a swift move. Look at today for an example. We have traded in a 50 point range. Which would mean the higher time frame would have you enter a position on the extremes of that range. Which of course would mean your left holding the bag "waiting" for the run to develop on the high time frame. I have found trading bias is the number one killer of scalpers or investors a like. Especially investors. I don't see why anyone would hold a position for more then a 10 point loss, when on avg that is 1/5 of eur/usd dailytrading range.
  • #719,665
  • Nov 20, 2012 8:47am Nov 20, 2012 8:47am
Quoting attila
It still looks long but the inbreds are driving it so they'll probably crap their pants for the next 2 hours...

Morning Attila...Watching 2823...may reverse at that level..
  • #719,666
  • Nov 20, 2012 8:48am Nov 20, 2012 8:48am
Quoting Devonsent
Hi AmberLynn,
Off topic, I know but is that your name or just a pseudonym . . . . 'cos I remember Amber Lynn . . . wow!
sounds like a porn star name to me
  • #719,667
  • Nov 20, 2012 8:48am Nov 20, 2012 8:48am
Quoting gatorinla
its gonna do what it does. its just a cave drawing atm. putting lines on a chart wont affect it.
Whaaat???? Are you telling me that you can't make it happen? Or you won't?
  • #719,668
  • Nov 20, 2012 8:49am Nov 20, 2012 8:49am
Quoting attila
It still looks long but the inbreds are driving it so they'll probably crap their pants for the next 2 hours...
i see it. i see 2 .. i am just waiting for the pullback to enter.
those who can, do. those who cant, talk about those who can
  • #719,669
  • Nov 20, 2012 8:49am Nov 20, 2012 8:49am
Quoting MaxDoom
sounds like a porn star name to me
That is who he is referring to. buhahahah. I am a retired porn star. Now turned scalper.
  • #719,670
  • Nov 20, 2012 8:49am Nov 20, 2012 8:49am
Quoting attila
It still looks long but the inbreds are driving it so they'll probably crap their pants for the next 2 hours...
It's like watching paint dry. Either shit already or get off the pot!!!
  • #719,671
  • Nov 20, 2012 8:51am Nov 20, 2012 8:51am
Quoting MaxDoom
sounds like a porn star name to me
That's exactly who she was and I think there are new 'Lynns' out there today as well but she was . . . a bit special!
  • #719,672
  • Nov 20, 2012 8:51am Nov 20, 2012 8:51am
Be prepared for an upward spike....tighten ur setbelts
  • #719,673
  • Nov 20, 2012 8:51am Nov 20, 2012 8:51am
1.2817 big time resistance for eur.usd right now. Should we close over it on the 1m, we have lift off and permission from uncle bernie to head to 1.2850 today... *I have an insider at the world bank*
  • #719,674
  • Nov 20, 2012 8:51am Nov 20, 2012 8:51am
Quoting AmberLynn
Well, I for sure see no reason to move up in time frame. The higher time frame is only created by the lower time frames. Not to mention, on the lower time frames you have much more entries. Higher time frames create trading bias which in turn cause you to freeze free margin which you could use for a swift move. Look at today for an example. We have traded in a 50 point range. Which would mean the higher time frame would have you enter a position on the extremes of that range. Which of course would mean your left holding the bag "waiting"...
users of higher TF's entered their trade after that doji which failed to break lower bullish trendline - 12700, and most initiate they trades from lower TF's and hold with direction of daily & weekly,
edit and daily hasn't finished yet + weekly forming confirmation which of course could change as we are in the middle of the week
swing it!
  • #719,675
  • Nov 20, 2012 8:53am Nov 20, 2012 8:53am
Quoting AmberLynn
Why not look at it as a good thing. At least if something bad was to occur. Then we will have a slot of swift movement in the market. I say that because most of us here are scalpers anyway. We would have to be if we are hanging onto EURS every move.
I am not making a judgement either way. Just prepared for whatever decision(s) are made.
"The market can remain irrational longer than you can remain solvent"
  • #719,676
  • Nov 20, 2012 8:53am Nov 20, 2012 8:53am
Quoting aamit
Be prepared for an upward spike....tighten ur setbelts
Im long with a 5 point trail stop of the current price. cOME ON eur
  • #719,677
  • Nov 20, 2012 8:53am Nov 20, 2012 8:53am
Quoting AmberLynn
Well, I for sure see no reason to move up in time frame. The higher time frame is only created by the lower time frames. Not to mention, on the lower time frames you have much more entries. Higher time frames create trading bias which in turn cause you to freeze free margin which you could use for a swift move. Look at today for an example. We have traded in a 50 point range. Which would mean the higher time frame would have you enter a position on the extremes of that range. Which of course would mean your left holding the bag "waiting" for the...
pros and cons for either. it mostly depends on the individual.
those who can, do. those who cant, talk about those who can
  • #719,678
  • Nov 20, 2012 8:53am Nov 20, 2012 8:53am
Quoting anton.olff
I am not making a judgement either way. Just prepared for whatever decision(s) are made.
Now that is what I call "forward thinking."
  • #719,679
  • Nov 20, 2012 8:55am Nov 20, 2012 8:55am
Quoting Devonsent
That's exactly who she was and I think there are new 'Lynns' out there today as well but she was . . . a bit special!
Around at a similar sort of time to Ginger Lynn (no relation, I don't think) and scarpered from the industry years ago
  • #719,680
  • Nov 20, 2012 8:55am Nov 20, 2012 8:55am
Quoting tomspin
users of higher TF's entered their trade after that doji which failed to break lower bullish trendline - 12700, and most initiate they trades from lower TF's and hold with direction of daily & weekly,
edit and daily hasn't finished yet + weekly forming confirmation which of course could change as we are in the middle of the week
some entered at 2692 + spread
those who can, do. those who cant, talk about those who can
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