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  • #741,841
  • Jan 4, 2013 11:29am Jan 4, 2013 11:29am
Quoting attila
the only pair worth trading was e/j. this is complete shit, I agree.. by all accounts it should make a HH, but hell if I know..
fucking bitches..
  • #741,842
  • Jan 4, 2013 11:30am Jan 4, 2013 11:30am
considering and searching to add..
  • #741,843
  • Jan 4, 2013 11:32am Jan 4, 2013 11:32am
Well ... yes ...

And somewhat like this I have been expected when mentionend pop corn machine move ...

Highest been given has been aprox. 1.3077/78 for now ...






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #741,844
  • Jan 4, 2013 11:36am Jan 4, 2013 11:36am
Quoting Ken A
Did you keep the U/J?
Yup...still running her...

This thing's parabolic...
Hear the music before the song is over ...
  • #741,845
  • Jan 4, 2013 11:40am Jan 4, 2013 11:40am
Quoting GlobalMacro
Yup...still running her...

This thing's parabolic...
Cheers.

E/U is too difficult at the moment. Might get trap both sides.
  • #741,846
  • Jan 4, 2013 11:43am Jan 4, 2013 11:43am
Quoting mercy seat
Currently it may travel around 1.3051/52 ...

Next challenge is 1.3055/56 ...

Once 1.3063/64 has been taken out then it can pop up ...






;-|
  • #741,847
  • Jan 4, 2013 11:49am Jan 4, 2013 11:49am
Quoting mercy seat
Well ... yes ...

And somewhat like this I have been expected when mentionend pop corn machine move ...

Highest been given has been aprox. 1.3077/78 for now ...






;-|
I had just looked after it ...

This early midmorning in European Session when prices were around 1.30070 / 000 at aprox. 10:00 CET it has been mentioned as a corrective TGT ...

http://www.forexfactory.com/showthre...42#post6339542

Original post been in my section ...

Jan 4, 2013 10:05 (10 hr ago)

http://www.forexfactory.com/showthre...05#post6338005

As we did describe todays situation as follows :

###

Looks as if our pair is set still under pressure but afterwards a corrective rebound towards above 1.3075 or 1.3095 is anticipated ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #741,848
  • Jan 4, 2013 11:53am Jan 4, 2013 11:53am
Quoting Ken A
Cheers.

E/U is too difficult at the moment. Might get trap both sides.
Today everybody on the street and their brothers bought her from below 1.30

Short-term O/B? ... maybe... end of move?...might be....

I see E/U momentum to the downside atm

Keeping my shorts from overhead tho.

Still has some ways to go....let's see!


How about yourself? got any trades on?
Hear the music before the song is over ...
  • #741,849
  • Jan 4, 2013 11:56am Jan 4, 2013 11:56am
Quoting GlobalMacro
Today everybody on the street and their brothers bought her from below 1.30

Short-term O/B? ... maybe... end of move?...might be....

I see E/U momentum to the downside atm

Keeping my shorts from overhead tho.

Still has some ways to go....let's see!


How about yourself? got any trades on?
No. NFP is just confusing me for E/U and stick to E/J. Might want to consider short E/U failure on re-test 1.3121 or higher.
  • #741,850
  • Jan 4, 2013 11:58am Jan 4, 2013 11:58am
DPP (central daily pivotal zone) sits at 1.3095 for today ...

As long as below that we may still travel in that fully neutralized zone ...

It has not been a bearish one per definition for a position traders trend ...

And the big hurdle sits at around 1.312xx area ... as this is that area where it has been seen its major breakout before X-mas ... and been holding for a longer period as a bottom not been reached even in any corrective wave attempts ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #741,851
  • Jan 4, 2013 11:59am Jan 4, 2013 11:59am
Only trade of the day. And it was a very hard trade for me to enter and to stay in through all the fakeouts. Late entry because almost didnt see it. Forex is hard Better have a lot of spare time on your hands if you are going to do this. Already covered at 3071 for 50p. I dont wanna keep it over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 71 KB
  • #741,852
  • Jan 4, 2013 11:59am Jan 4, 2013 11:59am
Quoting pips-scout
Don't trade ej wish I did. Have no levels on it. Just took a look at it and it seems to be on steroids
It is called correlation - as you know, EUR-USD had been in uptrend, then recently USD-JPY also went ballistic, see the chart

This is GIF file from MT4, experiment to see quality & size

Attached Image (click to enlarge)
Click to Enlarge Name: co-eur-jpy-01.jpg Size: 105 KB
It takes a lot for me to IGNORE you, but you can try.
  • #741,853
  • Jan 4, 2013 12:04pm Jan 4, 2013 12:04pm
Quoting Erebus
It is called correlation - as you know, EUR-USD had been in uptrend, then recently USD-JPY also went ballistic, see the chart

This is GIF file from MT4, experiment to see quality & size

  • #741,854
  • Jan 4, 2013 12:07pm Jan 4, 2013 12:07pm
Overall it was a good day. Had profits from longs and shorts. I've closed all positions. Think its not worth waiting FOMC meeting.
  • #741,855
  • Jan 4, 2013 12:09pm Jan 4, 2013 12:09pm
Quoting Ken A
No. NFP is just confusing me for E/U and stick to E/J. Might want to consider short E/U failure on re-test 1.3121 or higher.
My thoughts as well. At least with 1.3121 the profit margin is decent. At this point, long might get screwed on 1.3121 and initiating a short on this PA is just a common sense bad idea.
  • #741,856
  • Jan 4, 2013 12:09pm Jan 4, 2013 12:09pm
Quoting Ken A
No. NFP is just confusing me for E/U and stick to E/J. Might want to consider short E/U failure on re-test 1.3121 or higher.
Ok, I hear ya.
Hear the music before the song is over ...
  • #741,857
  • Jan 4, 2013 12:13pm Jan 4, 2013 12:13pm
Yellen in aprox. 20 minutes ...

NYSE closing in aprox. 50 minutes ...

And End of Day and Rollover in aprox. 110 minutes ...

###

Major moves of the day might have been done so far ...

Largest vertical moves been done ... and that has been during the times of early European Session until NY Midsession ...






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #741,858
  • Jan 4, 2013 12:13pm Jan 4, 2013 12:13pm
Quoting GlobalMacro
Today everybody on the street and their brothers bought her from below 1.30
Hi GM
If so why u holding to sell side! that Really something can't get it
  • #741,859
  • Jan 4, 2013 12:15pm Jan 4, 2013 12:15pm
Bullish...but we as traders should never predict.
  • #741,860
  • Jan 4, 2013 12:15pm Jan 4, 2013 12:15pm
Quoting math_GB
Not a bad offer I guess...
http://www.usnews.com/opinion/blogs/...nal-reform-act

Quoting Supertrader9
Bullish...but we as traders should never predict.
All we as traders ever do is predict. Just don't get married to your position and know when you're wrong. Lots of bad advice floating around the forum in the form of "conventional wisdom", much of it contradictory. As Voltaire famously stated, "A witty saying proves nothing."
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