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Trading EURUSD only

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  • Post #17,701
  • Quote
  • Nov 23, 2012 12:42pm Nov 23, 2012 12:42pm
  •  mrwpc
  • | Joined Nov 2012 | Status: Member | 321 Posts
US today only a half day too. Perhaps that's why the continued move, US off to go shopping leaving the EUR in the driver seat
 
 
  • Post #17,702
  • Quote
  • Nov 23, 2012 12:44pm Nov 23, 2012 12:44pm
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting mrwpc
Disliked
noticed the same thing today, 5M chart developed a div several times only to be broken
Ignored
well.. 5min divs are on such a small tf that they often are canceled even in normal contitions. or just make a 10-20 pip move.
 
 
  • Post #17,703
  • Quote
  • Nov 23, 2012 12:44pm Nov 23, 2012 12:44pm
  •  Etupa
  • | Joined Nov 2012 | Status: Member | 36 Posts
Quoting mok1one
Disliked
15min 30 min 1H 4H have made a divergence last 3 days. not to mention 5min chart a multiple times (i think about 10% has played out from 5 min).
ALL of them on my charts are canceled by todays /imo false/ move.Only 4H is on the edge on still being a div.
I'm just amazed...
Ignored
Really have to look at fundamental analysis to understand what happened today... Even if everything from Greece to EU leader summit was a failure... or a turkey ?
 
 
  • Post #17,704
  • Quote
  • Nov 23, 2012 12:49pm Nov 23, 2012 12:49pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
Quoting mok1one
Disliked
Unfortunetly this seems to be 100% true.

Another example of that the people with money have THE power.
Ignored
Actually the dumb mass have the power but prefer to watch TV ,and let the 'Powerfull one' manage everything to be free to live a life of eternal teenager .

The problem is all about individual responsibility . a transfer of responsibility is actually a transfer of power
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #17,705
  • Quote
  • Nov 23, 2012 12:50pm Nov 23, 2012 12:50pm
  •  xandi
  • Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
here we go...1.2930 ahead!!!!
 
 
  • Post #17,706
  • Quote
  • Nov 23, 2012 12:52pm Nov 23, 2012 12:52pm
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting Etupa
Disliked
Really have to look at fundamental analysis to understand what happened today... Even if everything from Greece to EU leader summit was a failure... or a turkey ?
Ignored
Better take the turkey today . Have plenty of time during WE to think with a clearer head what really happened
 
 
  • Post #17,707
  • Quote
  • Nov 23, 2012 12:53pm Nov 23, 2012 12:53pm
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting aerotrade
Disliked
Actually the dumb mass have the power but prefer to watch TV ,and let the 'Powerfull one' manage everything to be free to live a life of eternal teenager .

The problem is all about individual responsibility . a transfer of responsibility is actually a transfer of power
Ignored
 
 
  • Post #17,708
  • Quote
  • Nov 23, 2012 12:53pm Nov 23, 2012 12:53pm
  •  shellsnail
  • Joined Aug 2012 | Status: Trends, Levels, Confirmation, Bayes | 1,834 Posts
Quoting aerotrade
Disliked
Actually the dumb mass have the power but prefer to watch TV ,and let the 'Powerfull one' manage everything to be free to live a life of eternal teenager .

The problem is all about individual responsibility . a transfer of responsibility is actually a transfer of power
Ignored
that's not really true... in a lot of developing countries people are poor because they lack access to capital and education not because they are lazy.

EU countries these days have problems getting access to capital with all that haircut going on in governments and banks tightening lending due to their bad loans, even if firms wanted to expand and hire more they find it very hard to do so. Unemployment is high because the government is causing it by either bad action or inaction. stop assuming everyone is lazy and that's why things are not good.
Build good relationships with others.
 
 
  • Post #17,709
  • Quote
  • Nov 23, 2012 12:55pm Nov 23, 2012 12:55pm
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
I'm already enjoying my beer and watching a very interesting doc about our life-sequence PHI and FIBO regarding to the secrets of magnetism and the clues left behind in the Coral Castle florida and Masonic Grand Lounge Philly. Haven't gotten to that part in movie yet (don't know if there even is such a thing in it) but The Masonic Symbol or logo also is a Clue itself.
If anybody has any interent in this kind on doc (it is actually a 4th movie in a serie that talk about conciusness, fibo, golden ratio, ancient civilation kwnoledge, symbolism etc.) PM me i will send you the link (don't want to post it here).
 
 
  • Post #17,710
  • Quote
  • Nov 23, 2012 12:56pm Nov 23, 2012 12:56pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
Quoting Etupa
Disliked
Really have to look at fundamental analysis to understand what happened today... Even if everything from Greece to EU leader summit was a failure... or a turkey ?
Ignored
here is what is happening this week

Quoting aerotrade
Disliked
be careful if you intent going short - sovereign debt spread continue to go compress ( Portugal / Spain ) EU already retraced 2 major bad news ( french debt downgrade / no agreement reached on Greece ) -- market is currently driven by ECB buy-back hopes / institutional will buy dips - do not expect proper pullback -short good for scalp only this week
Ignored
Quoting aerotrade
Disliked
Thanks Bernanke and his QE3 money (1.7 trillion) making Fed/ECB balance sheets heading up that compensate the market expectation of the ECB to expand its balance sheet by EUR740bn (100 perceny spain sovereign debt ) causing a decrease of sovereign debts spreads and then a general risk-on sentiment - offering us nice up trends to surf on
Ignored
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #17,711
  • Quote
  • Nov 23, 2012 1:00pm Nov 23, 2012 1:00pm
  •  budii
  • | Joined Aug 2011 | Status: Pips Rider | 764 Posts
Quoting Etupa
Disliked
Really have to look at fundamental analysis to understand what happened today... Even if everything from Greece to EU leader summit was a failure... or a turkey ?
Ignored
here you go

http://www.forexfactory.com/news.php?do=news&id=396756
http://www.forexfactory.com/news.php?do=news&id=396755
http://www.forexfactory.com/news.php?do=news&id=396754
http://www.forexfactory.com/news.php?do=news&id=396725
You see, but you do not observe. The distinction is clear
 
 
  • Post #17,712
  • Quote
  • Nov 23, 2012 1:08pm Nov 23, 2012 1:08pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
Quoting shellsnail
Disliked
that's not really true... in a lot of developing countries people are poor because they lack access to capital and education not because they are lazy.

EU countries these days have problems getting access to capital with all that haircut going on in governments and banks tightening lending due to their bad loans, even if firms wanted to expand and hire more they find it very hard to do so. Unemployment is high because the government is causing it by either bad action or inaction. stop assuming everyone is lazy and that's why things are not good....
Ignored
i did not mention laziness and rather think about deception , people trust the system that had been sold to them even not calling into question of the system structure considering it s not for them or not their job that passive attitude is a door wide opened the all abuses .

after when you see the average guy who is fan of something or only concerned by football ... yep it s clearly laziness
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #17,713
  • Quote
  • Nov 23, 2012 1:13pm Nov 23, 2012 1:13pm
  •  mrwpc
  • | Joined Nov 2012 | Status: Member | 321 Posts
pushing higher every hour, can see a nice flag pattern on the 5M and 15M before it creates a pole
 
 
  • Post #17,714
  • Quote
  • Nov 23, 2012 1:18pm Nov 23, 2012 1:18pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
still waiting retracement
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Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #17,715
  • Quote
  • Nov 23, 2012 1:46pm Nov 23, 2012 1:46pm
  •  xandi
  • Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
Quoting aerotrade
Disliked
still waiting retracement
Ignored
...
...
 
 
  • Post #17,716
  • Quote
  • Nov 23, 2012 1:52pm Nov 23, 2012 1:52pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
Quoting xandi
Disliked
...
...
Ignored
Max bullish target zone :reached
Potential Bearish pattern :Void

technical stop-runs everywhere as EURUSD blows through its 50DMA
We are giong straight to 1.34
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Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #17,717
  • Quote
  • Nov 23, 2012 1:53pm Nov 23, 2012 1:53pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
ok guys
exit hit but EA did not close trades
closed manually & little late while doing on by one

loss bigger then expected
hope will recover soon

I dont think it will retract as US MKT closed
today half day

& BLACK FRIDAY
for me also
 
 
  • Post #17,718
  • Quote
  • Nov 23, 2012 1:54pm Nov 23, 2012 1:54pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
still dont know whaydid not close
will look into code WE
surly something went wrong

Quoting stevewalker
Disliked
ok guys
exit hit but EA did not close trades
closed manually & little late while doing on by one

loss bigger then expected
hope will recover soon

I dont think it will retract as US MKT closed
today half day

& BLACK FRIDAY
for me also
Ignored
 
 
  • Post #17,719
  • Quote
  • Nov 23, 2012 1:56pm Nov 23, 2012 1:56pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
Quoting stevewalker
Disliked
ok guys
exit hit but EA did not close trades
closed manually & little late while doing on by one

loss bigger then expected
hope will recover soon

I dont think it will retract as US MKT closed
today half day

& BLACK FRIDAY
for me also
Ignored
today was an horrible day for all technical traders that crazy run surprised us all
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #17,720
  • Quote
  • Nov 23, 2012 1:56pm Nov 23, 2012 1:56pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
when looking 1M chart
there is only one tail at top which was @ 2991

price pushed up step by step without retract
& hunted me.
shame
but happens
 
 
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