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  • #741,501
  • Jan 4, 2013 1:53am Jan 4, 2013 1:53am
Maybe this Month and December 2012 is changing market condition - and maybe we are entering a trending market in a range one ... Very Scary Notion , i will give it some thought over the weekend !

For now, London maybe keep the slaughtering shop open if the Spanish & Italian PMI give them the opportunity to do so ... I see the same market setting for November i think NFP- Price was holding at 1.28200 and dropped before announcement to 1.279 - and when the number came out the slaughtering started !
"It's the Margin, Stupid."
  • #741,502
  • Jan 4, 2013 1:54am Jan 4, 2013 1:54am
anyway... seems not so much easy situation today on charts!
prices went down very fast in EU GU. later nfp IMO can't completely reverse the scenario.
but a squeeze could happen
90% of traders use TA, indicators and prediction
  • #741,503
  • Jan 4, 2013 1:56am Jan 4, 2013 1:56am
need 07ish to play a catch a knife scenario again
  • #741,504
  • Jan 4, 2013 1:56am Jan 4, 2013 1:56am
Quoting Vachus
Maybe this Month and December 2012 is changing market condition - and maybe we are entering a trending market in a range one ... Very Scary Notion , i will give it some thought over the weekend !

For now, London maybe keep the slaughtering shop open if the Spanish & Italian PMI give them the opportunity to do so ... I see the same market setting for November i think NFP- Price was holding at 1.28200 and dropped before announcement to 1.279 - and when the number came out the slaughtering started !
good to know, thx. i'll buy again in 2990's long but just for 10 pips, the friday has a black beginning
I'll shop after the drop
  • #741,505
  • Jan 4, 2013 1:56am Jan 4, 2013 1:56am
Quoting 21vs7
need 07ish to play a catch a knife scenario again
its my favourite
  • #741,506
  • Jan 4, 2013 1:57am Jan 4, 2013 1:57am
audusd looking to start buying also..
  • #741,507
  • Jan 4, 2013 1:59am Jan 4, 2013 1:59am
My Mofu at 1.30450 didn't hold - very disappointed
"It's the Margin, Stupid."
  • #741,508
  • Jan 4, 2013 2:01am Jan 4, 2013 2:01am
muppets... muppets everywhere... PA is not showing any bullishness and muppets in this forum trying to catch a falling knife are getting burnt....
EURUSD at 1.3010 and PA is telling me we maybe headed sub-1.30
fresh selling pressure just showed up.... cover your longs bull or ur gona get burnt.

https://dl.dropbox.com/u/52561775/Fo...12013.1559.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #741,509
  • Jan 4, 2013 2:02am Jan 4, 2013 2:02am
Quoting Vachus
My Mofu at 1.30450 didn't hold - very disappointed
it probably isnt the only thing it didnt hold.... that further proves my point that market can go oversold longer than people's sanity.... dont try catching a falling knife....
learn Price Action
and PA is telling me to hold on to my shorts a little longer
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #741,510
  • Jan 4, 2013 2:02am Jan 4, 2013 2:02am
300 pips in just 2 days. When will monkeys discover something else than a sell button? From my point of view if 1,300 is broken this thing can go straight to 1,2890.
  • #741,511
  • Jan 4, 2013 2:06am Jan 4, 2013 2:06am
Quoting fxtyrant
it probably isnt the only thing it didnt hold.... that further proves my point that market can go oversold longer than people's sanity.... dont try catching a falling knife....
learn Price Action
and PA is telling me to hold on to my shorts a little longer
Go back to my ignore list, i don't have time for you today ..
"It's the Margin, Stupid."
  • #741,512
  • Jan 4, 2013 2:08am Jan 4, 2013 2:08am
Quoting Tadej89
300 pips in just 2 days. When will monkeys discover something else than a sell button? From my point of view if 1,300 is broken this thing can go straight to 1,2890.
ever heard of the phrase "Monkey Does what Monkey Sees"?
well Monkey Sees Bearish hence its selling selling selling....

your best bet is not to go against it, until PA shows exhaustion.... but no sign of that yet... we just had a fresh selling momentum into oversold zone (and market can keep going oversold)

No sign of a higher low being formed....
so dont catch a falling knife... let the trade come to you... dont chase for them....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #741,513
  • Jan 4, 2013 2:12am Jan 4, 2013 2:12am
Quoting fxtyrant
muppets... muppets everywhere... PA is not showing any bullishness and muppets in this forum trying to catch a falling knife are getting burnt....
EURUSD at 1.3010 and PA is telling me we maybe headed sub-1.30
fresh selling pressure just showed up.... cover your longs bull or ur gona get burnt.

https://dl.dropbox.com/u/52561775/Fo...12013.1559.gif
Too late...-15 pips.
  • #741,514
  • Jan 4, 2013 2:16am Jan 4, 2013 2:16am
Quoting yelena
time=$, isn't it?
yes time is money...will add short if price stop & retrace @3032
Dangdut is a music of my country
  • #741,515
  • Jan 4, 2013 2:17am Jan 4, 2013 2:17am
Quoting Cuso
Too late...-15 pips.
sorry to hear that... if ur really lookign to long.. wait for the PA to agree on it... wait for a reversal before you dip your toes in a pond full of sharks...
wishing you green pips as always but dont go chasing after trades
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #741,516
  • Jan 4, 2013 2:19am Jan 4, 2013 2:19am
Quoting 21vs7
need 07ish to play a catch a knife scenario again
Its the risk. half off +13 BE
Quoting 21vs7
audusd looking to start buying also..
Its the risk. half +10ish BE risked 8 on both earlier..
  • #741,517
  • Jan 4, 2013 2:20am Jan 4, 2013 2:20am
Quoting fxtyrant
it probably isnt the only thing it didnt hold.... that further proves my point that market can go oversold longer than people's sanity.... dont try catching a falling knife....
learn Price Action
and PA is telling me to hold on to my shorts a little longer
that's the deal.
  • #741,518
  • Jan 4, 2013 2:24am Jan 4, 2013 2:24am
London is in, are they finally going to put an end to the falling EURUSD...?

Would be glad someone bring some reason to PA...

the current levels are good prices to buy IMHO. I added a second long @ 1.3009, SL 1.2990, TP 1.31
  • #741,519
  • Jan 4, 2013 2:27am Jan 4, 2013 2:27am
Quoting divak
London is in, are they finally going to put an end to the falling EURUSD...?

Would be glad someone bring some reason to PA...

the current levels are good prices to buy IMHO. I added a second long @ 1.3009, SL 1.2990, TP 1.31

Name any reason to buy there ? That's only guesing based on psychological 1.30
  • #741,520
  • Jan 4, 2013 2:27am Jan 4, 2013 2:27am
Quoting fxtyrant
sorry to hear that... if ur really lookign to long.. wait for the PA to agree on it... wait for a reversal before you dip your toes in a pond full of sharks...
wishing you green pips as always but dont go chasing after trades
Well thank you for the advice, and I just got nibbled on my small toe. Can't win 'em all you know.
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