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  • #742,361
  • Jan 7, 2013 11:14am Jan 7, 2013 11:14am
Quoting Crassius
Hey Bulls !!

This candle's for you
that happened because London went home and ny to the cafeteria.. might not mean much.. never go by the candles alone.. they'll screw you more than anything else.
  • #742,362
  • Jan 7, 2013 11:14am Jan 7, 2013 11:14am
Quoting Crassius
Hey Bulls !!

This candle's for you
This is a bullish candle - when it appears in the low , it has the opposite meaning
"It's the Margin, Stupid."
  • #742,363
  • Jan 7, 2013 11:14am Jan 7, 2013 11:14am
Quoting math_GB
We can never know mate, we can wake up one morning with some news saying Spain applying to a debt programme too... Unless I am investing in property or a blue chip stock, I forget about fundamentals and look at the chart. My average investment period is 6 hours with this thing...
hopefully you are wrong , i want it down to 28xx
  • #742,364
  • Jan 7, 2013 11:17am Jan 7, 2013 11:17am
Buy @ 1.3032 tp 1.3265 sl 1.2990
  • #742,365
  • Jan 7, 2013 11:18am Jan 7, 2013 11:18am
Quoting Vachus
This is a bullish candle - when it appears in the low , it has the opposite meaning
he's talking about that pin at the top..
  • #742,366
  • Jan 7, 2013 11:19am Jan 7, 2013 11:19am
Quoting Vachus
This is a bullish candle - when it appears in the low , it has the opposite meaning

What do you mean "appears in the low" ?

why is this a bullish candle? it may not be very bearish as London just finished, but does that make it bullish as such?
  • #742,367
  • Jan 7, 2013 11:21am Jan 7, 2013 11:21am
woow step 2 has done on my own chart some flags will appear and we are gonna catch 1.318x tomorrow
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  • #742,368
  • Jan 7, 2013 11:23am Jan 7, 2013 11:23am
Quoting attila
he's talking about that pin at the top..
Sorry i meant Pin bar - i just came from work and a bit dizzy from what happened , things didn't go according to plan ( I took the first short today at 720 and [place a limit at 1.31200 which didn't got filled ) Anyway, Since a hammer at the low is reverse in the moment and the opposite up, why pin bar is not treated the same ?! I have noticed many times that a pin bar in the low of a range at least 5 days indicate interest in higher price but feared. Espcially , for me , its confirmed if the next candle close at the same H/L of that Pin bar ...
"It's the Margin, Stupid."
  • #742,369
  • Jan 7, 2013 11:26am Jan 7, 2013 11:26am
Quoting starlogic21
What do you mean "appears in the low" ?

why is this a bullish candle? it may not be very bearish as London just finished, but does that make it bullish as such?
We are setting at the low of 5 days ran , how the hell bulls will be exhausted in their territory ? Now, price path of least resistance is up not down - but doesn't mean that we have a reverse ... it simily mean that price can easily print 25 pip in the up direction VS 25 down ! because price is relatively low in a week range !
"It's the Margin, Stupid."
  • #742,370
  • Jan 7, 2013 11:26am Jan 7, 2013 11:26am
OK the day is over as it seems, remember the good old days, when NY algos ranged in 10 pips I am off to do something more constructive, cooking Have a great one all...! It is great to see the usual faces here again...!
  • #742,371
  • Jan 7, 2013 11:27am Jan 7, 2013 11:27am
Quoting BobGnarly
What a dumbass, I put a buy limit at 42 instead of sell .... will hold for a little bit as I'm only at 1.5% drawdown and risk is 2-3% for me...

Damn it ! I closed around 1.3042 this morning for my loss and it went right up gotta love fx... Side lines for now, I bought a little eur/jpy to get some pips back but currently flat right now...
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  • #742,372
  • Jan 7, 2013 11:31am Jan 7, 2013 11:31am
Quoting Vachus
why pin bar is not treated the same ?!..
they are similar but both mean exactly nothing without understanding the context in which they appear.. I can show you 10 hammers that failed for one that succeeded...
  • #742,373
  • Jan 7, 2013 11:40am Jan 7, 2013 11:40am
Quoting attila
they are similar but both mean exactly nothing without understanding the context in which they appear.. I can show you 10 hammers that failed for one that succeeded...
I'm not disputing that ....

I hope that morons will fill my Sell Limit ( Scalping , would love to take something above 25 Pip or even better at 3080
"It's the Margin, Stupid."
  • #742,374
  • Jan 7, 2013 11:40am Jan 7, 2013 11:40am
And that H1 candle is actually a doji(and it closed green). Dojis mean one thing alone: Indecision.. Learn your candles guys..
  • #742,375
  • Jan 7, 2013 11:40am Jan 7, 2013 11:40am
Quoting mercy seat
Profitable adjustments @ 1.30970 ...

Done 18h06 CET

+ 12.0 pp






;-|
Strong hurdles still expected to sit at around 1.3125 area ... as this been breakout from former probability band ...

Major move of the day might have been done soon ...

Now it is only US markets open ... and that makes not that much a big deal anymore if they play it a little more up or not ...

Be aware that 'change of value dates' will be soon ...

And then we are left with a fresh sample of play cards on our desks ...

IMM will have its final settlement and all grantors of futures and options and other derivates will offer fresh instruments to play with for the sweet silly innocence of yours ...






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #742,376
  • Jan 7, 2013 11:45am Jan 7, 2013 11:45am
Quoting Don2012
woow step 2 has done on my own chart some flags will appear and we are gonna catch 1.318x tomorrow
Yes ... that's possible now ...

Let's see where the market will find its late ROLL then ...

Prior to Asian Session handover later ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #742,377
  • Jan 7, 2013 11:45am Jan 7, 2013 11:45am
Quoting BobGnarly
Damn it ! I closed around 1.3042 this morning for my loss and it went right up gotta love fx... Side lines for now, I bought a little eur/jpy to get some pips back but currently flat right now...
Listen to my story, I was scalping in the morning and earned some pips, then entered at 1,3035 and then price went up to 44. Ok cool...went outside to do some work, had sl at 25, price reached 22 and now we have over 1,3100...

I fell like one big dumb fuck.
  • #742,378
  • Jan 7, 2013 11:48am Jan 7, 2013 11:48am
Quoting Tadej89
Listen to my story, I was scalping in the morning and earned some pips, then entered at 1,3035 and then price went up to 44. Ok cool...went outside to do some work, had sl at 25, price reached 22 and now we have over 1,3100...

I fell like one big dumb fuck.

Ohh man! you got it a little worse than me ...we have these days, as do the pros. Just stick to your trading plan and keep on trading
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  • #742,379
  • Jan 7, 2013 11:49am Jan 7, 2013 11:49am
For several times this has occured to me. When I do not babysit my trades I have to widen my stop loss I guess...its my own fault.
  • #742,380
  • Jan 7, 2013 11:53am Jan 7, 2013 11:53am
approaching a critical level on the daily, if we break over the upper trendline and close there we can see further upside..
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