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  • #721,821
  • Nov 25, 2012 6:14pm Nov 25, 2012 6:14pm
Quoting gatorinla
well i asked if u were advocating a long here. i never got an answer. as far as the trend is concerned. where will we be tomorrow?
some will enter long because for their reasons are not afraid of a pullback.
if it falls they will buy again.

others are shorting just to take the pullback, with tight s/l

i am a trend trader and i am short.
because i look at the downtrend and the reversal points are higher.
but i am not always right. sometimes it happens to lose.
  • #721,822
  • Nov 25, 2012 6:16pm Nov 25, 2012 6:16pm
Quoting Avir
are you answering for Domino?? Im just asking coz im looking at the forum!!
no just talking here
  • #721,823
  • Nov 25, 2012 6:16pm Nov 25, 2012 6:16pm
Quoting tashkent
consider this chart. now someone else may come up with totally different tl on daily.
that is the beauty of charting.
well if you happy with that trend line i m happy but it s not what i was looking at in my post i really wnted to show that there is un upper trend line will act as a resistance to the bulls to be aware of thats all . as you see from the chart the trend line was drawn from the swings and thats the way i draw them
  • #721,824
  • Nov 25, 2012 6:16pm Nov 25, 2012 6:16pm
Quoting attila
I might start looking at other pairs and aussie seems interesting..

Attachment
Hey Attila, yes aussie is a nice pair. At the moment I prefer it to eurusd. It's slower though and fiber still has bigger/higher ADR.
  • #721,825
  • Nov 25, 2012 6:16pm Nov 25, 2012 6:16pm
which tp?_)

Quoting luca1978
why the fight?

I'm short and going to sleep and in the morning surprise awaits for me
  • #721,826
  • Nov 25, 2012 6:18pm Nov 25, 2012 6:18pm
Quoting domino
not advocating buying e/u at all .. its not my pair of choice.. either way its like trying to pick the best of two super shitty currencies with no real advantages either way.

e/u fits no criteria for me.
it dont what matter what pairs you trade. shitty or not.. its all comparably =... if not, there never be a pullback.
those who can, do. those who cant, talk about those who can
  • #721,827
  • Nov 25, 2012 6:24pm Nov 25, 2012 6:24pm
Quoting domino
not advocating buying e/u at all .. its not my pair of choice.. either way its like trying to pick the best of two super shitty currencies with no real advantages either way.

e/u fits no criteria for me.
I am really sorry to jump in here again, for months you havent been here in EURUSD and as you say this is not the pair of choice... why you piking a fight??? Gator has contributed to EURUSD in a good and admirable way over last weeks or so!! Just saying!! hope i wont get booted by 10V for this
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #721,828
  • Nov 25, 2012 6:24pm Nov 25, 2012 6:24pm
Quoting nawafasad1
well if you happy with that trend line i m happy but it s not what i was looking at in my post i really wnted to show that there is un upper trend line will act as a resistance to the bulls to be aware of thats all . as you see from the chart the trend line was drawn from the swings and thats the way i draw them
my apologies if my post somehow offended you.
in this business everyone is wrong and everyone is right, that is the dilemma.
anyway, i am not up to predictions but my bet - the resistance is somewhere 1.3160
wishing successful trades to you.
As Above, So Below
  • #721,829
  • Nov 25, 2012 6:25pm Nov 25, 2012 6:25pm
Quoting domino
not advocating buying e/u at all .. its not my pair of choice.. either way its like trying to pick the best of two super shitty currencies with no real advantages either way.

e/u fits no criteria for me.
then take it as a general question with respect to your preferred pair... damn, what's so difficult to answer that one, if the answer is basically nailed to your forehead?
  • #721,830
  • Nov 25, 2012 6:26pm Nov 25, 2012 6:26pm
Quoting trader_fx1
some will enter long because for their reasons are not afraid of a pullback.
if it falls they will buy again.

others are shorting just to take the pullback, with tight s/l

i am a trend trader and i am short.
because i look at the downtrend and the reversal points are higher.
but i am not always right. sometimes it happens to lose.
... a pullback for the bullish.. a trend resumption for the bears. both are lower.
those who can, do. those who cant, talk about those who can
  • #721,831
  • Nov 25, 2012 6:32pm Nov 25, 2012 6:32pm
Quoting Avir
I am really sorry to jump in here again, for months you havent been here in EURUSD and as you say this is not the pair of choice... why you piking a fight??? Gator has contributed to EURUSD in a good and admirable way over last weeks or so!! Just saying!! hope i wont get booted by 10V for this
im not picking a fight. thats the problem with online forums is you cant hear peoples tones. I was simply making a statement in regards to saying trend trading is faulty etc following trend traders off the side of a cliff .. account suicide style statement. I and hope no other 10v would boot you for discussion.
  • #721,832
  • Nov 25, 2012 6:33pm Nov 25, 2012 6:33pm
Last post before I go to rest

WSJ: 'Fear' Gauge Showing Little of It (Dow Jones)
(That can be good for the markets, but also bad as lack of fear sometimes means naivete, which is followed by panic)

and SP500 opened with gap
from 1408 to 1403 and now is in 1402
  • #721,833
  • Nov 25, 2012 6:39pm Nov 25, 2012 6:39pm
Quoting tashkent
my apologies if my post somehow offended you.
in this business everyone is wrong and everyone is right, that is the dilemma.
anyway, i am not up to predictions but my bet - the resistance is somewhere 1.3160
wishing successful trades to you.
dont worry about it i m sorry if i upset you i was only trying to give a warning to bulls and bears but i m long on it and i m watching this trend line to break in strong manner to keep the idea that its wave3 of 3 of 3
  • #721,834
  • Nov 25, 2012 6:51pm Nov 25, 2012 6:51pm
Quoting gatorinla
... a pullback for the bullish.. a trend resumption for the bears. both are lower.
Gator :

What level of pullback you expect ?
Intraday only.
  • #721,835
  • Nov 25, 2012 6:53pm Nov 25, 2012 6:53pm
Quoting domino
im not picking a fight. thats the problem with online forums is you cant hear peoples tones. I was simply making a statement in regards to saying trend trading is faulty etc following trend traders off the side of a cliff .. account suicide style statement. I and hope no other 10v would boot you for discussion.
I am not sure about "trend trading is faulty etc following trend traders off the side of a cliff .. account suicide style statement." but I am happy that you are not here for a fight, such a same like in twitter you cant folow some one here in FF if we could i will folow u to see or what i could make out from you on AUD!! Thanks... Note to Twee
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #721,836
  • Nov 25, 2012 6:56pm Nov 25, 2012 6:56pm
Quoting domino
im not picking a fight. thats the problem with online forums is you cant hear peoples tones. I was simply making a statement in regards to saying trend trading is faulty etc following trend traders off the side of a cliff .. account suicide style statement. I and hope no other 10v would boot you for discussion.
you made a blanket statement. i bet a bunch of those reading it have lost money following it. you ignored the large red fonts and underlined ones . while poking out your chest. i was careful to add this.

now as far as a trend.. if it is a trend.. and you let it pullback your r/r goes improves..
now as far as trends go... the move to 2987 was the most common exhaustion move in a trend (for 2432/44), it can go higher.. and as if does r/r improves..
those who can, do. those who cant, talk about those who can
  • #721,837
  • Nov 25, 2012 6:59pm Nov 25, 2012 6:59pm
Quoting navk
Gator :

What level of pullback you expect ?
which one?
those who can, do. those who cant, talk about those who can
  • #721,838
  • Nov 25, 2012 7:01pm Nov 25, 2012 7:01pm
G'day pips' hunters
... the price action so far isn't showing yet any direction, which is typical for this early hours,
but ... it's quite possible that it will continue moving up in similar way as it was in last week.
So, I'm just waiting for some decent retracement, preferably up to dPP or about 1.2940'0 - 1.2950'0
to go long with a relatively small stop-loss (9-12 pips) and open target, but looking at 1.3020'0/30'0
Happy trading to all
  • #721,839
  • Nov 25, 2012 7:04pm Nov 25, 2012 7:04pm
Quoting DareXau
G'day pips' hunters
... the price action so far isn't showing yet any direction, which is typical for this early hours,
but ... it's quite possible that it will continue moving up in similar way as it was in last week.
So, I'm just waiting for some decent retracement, preferably up to dPP or about 1.2940'0 - 1.2950'0
to go long with a relatively small stop-loss (9-12 pips) and open target, but looking at 1.3020'0/30'0
Happy trading to all

Same mindset here. I see 1.3020 as first target then .70.
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #721,840
  • Nov 25, 2012 7:05pm Nov 25, 2012 7:05pm
Quoting DareXau
G'day pips' hunters
... the price action so far isn't showing yet any direction, which is typical for this early hours,
but ... it's quite possible that it will continue moving up in similar way as it was in last week.
So, I'm just waiting for some decent retracement, preferably up to dPP or about 1.2940'0 - 1.2950'0
to go long with a relatively small stop-loss (9-12 pips) and open target, but looking at 1.3020'0/30'0
Happy trading to all
It is 1.03 am here in london, i am going to wait til 2.30-3-30 am here to see what the Asians want to see, to me looks more like they want to try to test 91 again...
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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