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  • #743,161
  • Jan 8, 2013 5:40pm Jan 8, 2013 5:40pm
Quoting BlueGas
wake me up when asia ends, cheeers

https://www.youtube.com/watch?v=NU9JoFKlaZ0

added on 78
and out, im having halucinacions, we might reach for 2,000, limit l @ 3065

Inserted Video
  • #743,162
  • Jan 8, 2013 5:50pm Jan 8, 2013 5:50pm
Quoting BlueGas
and out, im having halucinacions, we might reach for 2,000, limit l @ 3065

https://www.youtube.com/watch?v=QEY6_jcrzI8
Canceled all, and GreenGas turned on
  • #743,163
  • Jan 8, 2013 5:59pm Jan 8, 2013 5:59pm
Scenario 1:

Breakup 1.3105 level and then test 1.3055/60.

Scenario 2:

Direct fall to 1.2985/90 and may extend to 1.2880.

Happy trading.
When Scalpers win, I lose and Vice varsa...
  • #743,164
  • Jan 8, 2013 6:00pm Jan 8, 2013 6:00pm
Quoting yelena
ct... long ej 113.64 sl 52 tp 114.23, long eu 3079 sl 72 tp 3128. considers that pa on both is very bearish, ct can't last long.
not to discourage you from joining the BOJ for easing....
but there may come a time when the Japs realized they may have eased too far especially when fuel prices are rising, they are actually gona hampen themselves if they eased too far...
yes inflation will come, but its not going to be the Demand Pull inflation but a Cost Push one... and Cost Push inflation is not what you want... (its what brought europe to its knees in the first place)

Having ur currency devalued too far, if theres no demand for good and services supply in the long run would shrink....

im pretty sure the BOJ is well aware of this situation...

i too would want to LONG but not until i see a significant pull back on EJ say down to 109.9 especially when fuel prices are rising....
We live in a finite world with infinite possibilities.
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  • #743,165
  • Jan 8, 2013 6:03pm Jan 8, 2013 6:03pm
eu back in her sideways dribble again aussie @ critical mass, news in 30min probably be biggest mover today chance to make or lose a fortune in 1 x 30min candle then go to beach,
I am already sold her again 0515 sl 0526 and switching off platforn till after swim bbl
If you are new to Forex? Say Goodbye to your account!!
  • #743,166
  • Jan 8, 2013 6:04pm Jan 8, 2013 6:04pm
Quoting KiwiTrada
eu back in her sideways dribble again
flip a coin
  • #743,167
  • Jan 8, 2013 6:06pm Jan 8, 2013 6:06pm
Quoting Goldflake
Scenario 1:

Breakup 1.3105 level and then test 1.3055/60.

Scenario 2:

Direct fall to 1.2985/90 and may extend to 1.2880.

Happy trading.
I think that we will see tomorrow .. 1.3187 unless it breaks the 1.3..
imo
  • #743,168
  • Jan 8, 2013 6:16pm Jan 8, 2013 6:16pm
Quoting chess king
I think that we will see tomorrow .. 1.3187 unless it breaks the 1.3..
imo
Looks like scenario 1 is in play. Breaking up 3105 resistance and then shoot up before any retracement.
Today we'll definitely see a big move to either direction. fasten seat belts.
When Scalpers win, I lose and Vice varsa...
  • #743,169
  • Jan 8, 2013 6:32pm Jan 8, 2013 6:32pm
Quoting 2046
flip a coin
Wait for movement.

Don't guess in a sideways ranging market. Just wait for breakout, pendings both sides if you wish.

my 2 cents. anyway AB=CD Pattern playing out as previously posted. here is the picture again, it is historical.

C was at 1.313, as per my source, I had it above to fit my channel.

Downhill from here, obviously watching supports for good entries, say 1.3000
Attached Image (click to enlarge)
Click to Enlarge Name: EU Outlook 7th Jan.PNG Size: 58 KB
Even the worst trade can close with profit. Just give it time.
  • #743,170
  • Jan 8, 2013 6:36pm Jan 8, 2013 6:36pm
Quoting John Gray
Wait for movement.

Don't guess in a sideways ranging market. Just wait for breakout, pendings both sides if you wish.

my 2 cents. anyway AB=CD Pattern playing out as previously posted. here is the picture again, it is historical.

C was at 1.313, as per my source, I had it above to fit my channel.

Downhill from here, obviously watching supports for good entries, say 1.3000
you did not see the irony, damn
  • #743,171
  • Jan 8, 2013 6:39pm Jan 8, 2013 6:39pm
Quoting 2046
you did not see the irony, damn
Not that,

Just some people would actually flip a coin
Even the worst trade can close with profit. Just give it time.
  • #743,172
  • Jan 8, 2013 6:46pm Jan 8, 2013 6:46pm
Bit of an overeaction to the Aussie data, but any excuse for a stop hunt

Using oppurtunity to enter long at 74
  • #743,173
  • Jan 8, 2013 6:53pm Jan 8, 2013 6:53pm
Quoting bennyblanco
Bit of an overeaction to the Aussie data, but any excuse for a stop hunt

Using oppurtunity to enter long at 74
nope not over reaction to data, more where pa was, she had been tapping very nice resistance, -data was bonus not catalyst, add to that a small usd appreciation whenever TA & FA workin together moves are always more pronounced, just need to be on right side
If you are new to Forex? Say Goodbye to your account!!
  • #743,174
  • Jan 8, 2013 6:58pm Jan 8, 2013 6:58pm
quote=yelena;6348477]ct... long ej 113.64 sl 52 tp 114.23, long eu 3079 sl 72 tp 3128. considers that pa on both is very bearish, ct can't last long.quote
-7 on eu. ej still alive, re-positioned long eu 3066 (pending long), SL 65, tp 3127 might not be good idea willing to invest some from yesterday's gains.
  • #743,175
  • Jan 8, 2013 7:06pm Jan 8, 2013 7:06pm
Quoting John Gray
Wait for movement.

Don't guess in a sideways ranging market. Just wait for breakout, pendings both sides if you wish.

my 2 cents. anyway AB=CD Pattern playing out as previously posted. here is the picture again, it is historical.

C was at 1.313, as per my source, I had it above to fit my channel.

Downhill from here, obviously watching supports for good entries, say 1.3000

Ever heard of false breakouts or bull/bear traps? If you wait for market to break out to enter trade, then you'll be susceptible to these headfakes.
  • #743,176
  • Jan 8, 2013 7:06pm Jan 8, 2013 7:06pm
EJ IS LONG with tp: 114.46; This means eu is long too. Calculate you targets...
  • #743,177
  • Jan 8, 2013 7:10pm Jan 8, 2013 7:10pm
Quoting KiwiTrada
nope not over reaction to data, more where pa was, she had been tapping very nice resistance, -data was bonus not catalyst, add to that a small usd appreciation whenever TA & FA workin together moves are always more pronounced, just need to be on right side
looks she is in flight path for 750+ any good news out of china might fuel the yet , i am happy to take long id she reach 400.
Mohan
  • #743,178
  • Jan 8, 2013 7:19pm Jan 8, 2013 7:19pm
Quoting e.trader
EJ IS LONG with tp: 114.46; This means eu is long too. Calculate you targets...
Just when you say it...

Over the past day, the pair has moved 84 pips. A measly 84 pips.

Nothing for one to get his tighty whities in a bunch.
Not all sins are created equal
  • #743,179
  • Jan 8, 2013 7:20pm Jan 8, 2013 7:20pm
Quoting mohan76
looks she is in flight path for 750+ any good news out of china might fuel the yet , i am happy to take long id she reach 400.
yes agree bro, huge potential for skyrocket,

but she also starting to confirm a nice bear flag on 1hr, that tap was utl of flag to the pip,

I got nice pip off her yesterday is 3rd time have sold that resist with good result, have 2 new entries today with 3 partialed runners still live, for downside is same fences as yesterday, I didnt include the rising trendline then, but now its confluenced with 50sma anyway, what is holding her at the moment, if get through, nice drop to 200sma, which will have her below all 3 fences,

so again agree is potential above, but confluence of resistances she going to have to take out first, above there yep. I will flip to darkside and buy ticket on your rocket
If you are new to Forex? Say Goodbye to your account!!
  • #743,180
  • Jan 8, 2013 7:20pm Jan 8, 2013 7:20pm
Hourly close below 67/68 and it would be easy ride down.

If no closes below that number and not above 94/5, chart would create pretty ugly looking range.
They think they are smarter than I am.
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