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  • #725,981
  • Dec 2, 2012 3:34am Dec 2, 2012 3:34am
Quoting tashkent
she has found out that many weeks ago and ready to change the train as soon as it reaches the next stop. if you have already missed the train the next one may not be coming very soon. Food for thought.
Market moves in waves, up and down, tuesday will rock the Aussie, may influence euro
Even the worst trade can close with profit. Just give it time.
  • #725,982
  • Dec 2, 2012 3:47am Dec 2, 2012 3:47am
Quoting tashkent
here is the EU 4H, D and W
Haha, its funny you are not able to draw perfect trend lines.
A trendline should be drawn from the peak, not just below the peak.. connect the lines properly.
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #725,983
  • Dec 2, 2012 3:51am Dec 2, 2012 3:51am
Quoting John Gray
Market moves in waves, up and down, tuesday will rock the Aussie, may influence euro
We'll see
New voice message: Why are you calling me? If I need you, I'll call you!
  • #725,984
  • Dec 2, 2012 4:12am Dec 2, 2012 4:12am
Quoting Kanzler
Absolutely. I'm not sure I agree with adding onto winning trades though unless another high probability setup occurs in the same direction....and typically by that point I'm already out of my first one. Some people will add onto them with less discretion, but I worry about losing my profit if I'm too lenient. That said, trade management is a subject where I still have a lot of learning to do.
Go on, you're doing a fine job!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #725,985
  • Dec 2, 2012 5:09am Dec 2, 2012 5:09am
Quoting Daytrader74
Is euro going up or down on Monday? some say up, some say down, I'm confused...will you please make up your mind so I can place my bets?
Wait a few hours Monday will be here and you can see for yourself rather than guessing!
rat
  • #725,986
  • Dec 2, 2012 5:12am Dec 2, 2012 5:12am
e/u daily:
Attached Image (click to enlarge)
Click to Enlarge Name: eudaily0212.PNG Size: 54 KB
More on my Blog...
  • #725,987
  • Dec 2, 2012 5:13am Dec 2, 2012 5:13am
Pretty sure it's gonna tumble...........

Quoting Daytrader74
Is euro going up or down on Monday? some say up, some say down, I'm confused...will you please make up your mind so I can place my bets?
  • #725,988
  • Dec 2, 2012 5:14am Dec 2, 2012 5:14am
Quoting ambroni
hahaha ...
are you mr screwup http://www.forexfactory.com/screwup
Mohan
  • #725,989
  • Dec 2, 2012 5:22am Dec 2, 2012 5:22am
Quoting DudeSepii
Pretty sure it's gonna tumble...........
Really?? What makes you so sure??
  • #725,990
  • Dec 2, 2012 5:23am Dec 2, 2012 5:23am
Quoting DudeSepii
Pretty sure it's gonna tumble...........

Tumble can't see it myself. Should be pretty flat

Nothing terrible has happened in the last 36hrs.
rat
  • #725,991
  • Dec 2, 2012 6:20am Dec 2, 2012 6:20am
i see on ff the close of daily is 1.2988?my broker close is 1.3004.where is the problem?
  • #725,992
  • Dec 2, 2012 6:24am Dec 2, 2012 6:24am
Quoting catalin1987
i see on ff the close of daily is 1.2988?my broker close is 1.3004.where is the problem?
Your broker closed their server earlier.

My broker's price closed at 12985
rat
  • #725,993
  • Dec 2, 2012 7:22am Dec 2, 2012 7:22am
weekly and daily chart both show promising bull strength. I dont see why EU wont break 1.3 barrier next week. Maybe the price will rebound around 1.296xx range?

what you guys think?http://s9.postimage.org/r48tautwv/31_11_12_EU.png
  • #725,994
  • Dec 2, 2012 7:48am Dec 2, 2012 7:48am
Quoting aviz12
Haha, its funny you are not able to draw perfect trend lines.
A trendline should be drawn from the peak, not just below the peak.. connect the lines properly.
i am sorry, i am sooo dumb.....
perfect trend lines

1. there is no such thing as "perfect trend line". your very first task before going live trading is to forget that concept.
2. there is no any kind of "line" or "level" at all. that is the next step. you need to ask why? and start looking for answers. I will give you hint: from any given point, price either will go up or down. these random moves shape patterns and gives you illusion that it is moving according to these channels, lanes, fibo, whatever. the key thing is the unpredictability. price does not reverse because you draw a line at that point.
3. my charts are only for illustrative purposes, i do not follow the "lines". but since millions follow them religiously I find it useful to watch price action very closely at these levels.
As Above, So Below
  • #725,995
  • Dec 2, 2012 8:10am Dec 2, 2012 8:10am
Quoting Daytrader74
Is euro going up or down on Monday? some say up, some say down, I'm confused...will you please make up your mind so I can place my bets?
I thought you were calling both bulls and bears. Why confused?
  • #725,996
  • Dec 2, 2012 8:13am Dec 2, 2012 8:13am
Quoting Daytrader74
Really?? What makes you so sure??
I will be looking to short EUR/USD..
buying it makes no sense right now!
  • #725,997
  • Dec 2, 2012 8:22am Dec 2, 2012 8:22am
Shorts are looking too good... And when everybody is saying it can't go any higher, guess what it does? So I'll just scalp this for a while.
  • #725,998
  • Edited 10:14am Dec 2, 2012 8:59am | Edited 10:14am
By the way, my weekly and monthly chart shows bullish sign, i'm looking forward to a bullish week before heading south again.

  • #725,999
  • Dec 2, 2012 9:13am Dec 2, 2012 9:13am
Quoting tashkent
i am sorry, i am sooo dumb.....
perfect trend lines

1. there is no such thing as "perfect trend line". your very first task before going live trading is to forget that concept.
2. there is no any kind of "line" or "level" at all. that is the next step. you need to ask why? and start looking for answers. I will give you hint: from any given point, price either will go up or down. these random moves shape patterns and gives you illusion that it is moving according to these channels, lanes, fibo, whatever. the key thing is...
very well stated.
  • #726,000
  • Dec 2, 2012 9:13am Dec 2, 2012 9:13am
hope it opens with gap down so I can be long all the week and since the beginning of ride...ohh, forget it, IŽll be long anyway...!

For those who care, we have got all the past month examples of what is going to happen, all the pinbar on 1h/4h/8/daily/etc where followed by huge BULL candle...pointing 1.35 to end the year! and I will be there!
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