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  • #743,601
  • Jan 9, 2013 9:48am Jan 9, 2013 9:48am
Quoting shmandi
there is nothing wrong with trading against the trend, if done properly. and some guys here know what they are doing. but newbies that follow this thread then often load there whole accounts when they see so many guys with 10+ v calling longs... and we all know what follows
yeah, exactly. And it makes you wonder how come all those experts call out these suicidal trades, with great manners and conviction. Fishy stuff, forex is so rigged that I'm pretty sure a couple of banks hire people to post here, so there's more easy meat when push comes to shove. "I'm adding longs", "yeah, I'm long", "yeah, me too!", "yeah bro, she's gonna pull back" blah blah blah. Just a warning for the newcomers, never believe what you read.

btw. my machine got stopped out with a fairly hefty loss, but my trading has nothing to do with this post. And if you're wondering about the nature of my rant, I used this forum as a counterindicator, feeling in my gut that a big fall is about to happen. All got confirmed when reading about the alleged longs that everybody here was sporting 2-3 pages ago.
  • #743,602
  • Jan 9, 2013 9:50am Jan 9, 2013 9:50am
Quoting sum_1
...
Ahhh nice picture !

Volumes along the sessions ?

They are declining since monday. Maybe tomorrow or Friday can make a pullback significant move from 1.30.

Nothing new in there : 1.30 is a support...
  • #743,603
  • Jan 9, 2013 9:52am Jan 9, 2013 9:52am
Just a little comment now that we've gotten the US Petroleum Reserve Inventory report out of the way. Those of you who were caught up in the fervor of the supposed importance of that report and its alleged impact on the price of the EURUSD pair should do a little bit of simple research. Go back in your charts for the last year and look at what happened on each Wednesday at 10:30 AM EST. Was there any impact? Any at all? Of any significance? I'll save you the time and effort -- Nah, none, nada zero. Take today as an example. Crude dropped almost 0.70 as I type, since the report was released a few minutes ago. That's fairly significant. Impact on the EURUSD? None.

Sheesh. C'mon folks. Stop posting nonsense. And stop writing stuff about which you know nothing. There are many, many resources on the Web which go into very great detail about which economic reports have an impact on the EURUSD. Many of these sources provide pretty detailed statistical information and delve very deeply into significant correlations. Use those resources. Use your head, and stop wasting people's time with unsubstantiated bullshit.

End of rant...
  • #743,604
  • Jan 9, 2013 9:53am Jan 9, 2013 9:53am
Quoting Turhovach
Just a little comment now that we've gotten the US Petroleum Reserve Inventory report out of the way. Those of you who were caught up in the fervor of the supposed importance of that report and its alleged impact on the price of the EURUSD pair should do a little bit of simple research. Go back in your charts for the last year and look at what happened on each Wednesday at 10:30 AM EST. Was there any impact? Any at all? Of any significance? I'll save you the time and effort -- Nah, none, nada zero. Take today as an example. Crude dropped...
whos posting bullshit again?
crude oil news to move Forex market?? wtf??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #743,605
  • Jan 9, 2013 9:53am Jan 9, 2013 9:53am
PA to currently suggest that everyone is jumping aboard,and i think most short,dont wanna miss the trade since its "fallin", but we will see rather quickly, should be bit more violent move either way
  • #743,606
  • Jan 9, 2013 9:53am Jan 9, 2013 9:53am
Quoting bennyblanco
I've been left shaken by today, been building my confidence for weeks & I've fallen right into the trap today. Got to stay out on days like today, there is no point being cannon fodder
I kinda like these days. They build character. I mean im losing today and havent made a single trade yesterday which i dont like but, there is a lot to learn from these. So you shouldnt be discouraged by these either.
  • #743,607
  • Jan 9, 2013 9:56am Jan 9, 2013 9:56am
Quoting Kilgore T
yeah, exactly. And it makes you wonder how come all those experts call out these suicidal trades, with great manners and conviction. Fishy stuff, forex is so rigged that I'm pretty sure a couple of banks hire people to post here, so there's more easy meat when push comes to shove. "I'm adding longs", "yeah, I'm long", "yeah, me too!", "yeah bro, she's gonna pull back" blah blah blah. Just a warning for the newcomers, never believe what you read.

btw. my machine got stopped out with a fairly hefty loss, but my trading has nothing...


excellent another conspiracy nut.....

do you really think that the volume of LIVE trades from this forum is of any interest whatsoever to the banks? it wouldn't fill a decimal place on their order book....

as for using the forum as a counter-indicator as you call it - well like I have said before choosing the direction is 50/50 that is not what makes a winning or losing trade. Therefore 50% of the time your indicator will be wrong and therefore it does not work.
  • #743,608
  • Jan 9, 2013 9:56am Jan 9, 2013 9:56am
Quoting MaxDoom
there you go - it didn't clear 59 so we saw 43 again

Risk for long is 1.3035.

But until now my system does not say to go long. See the chart here :
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 52 KB
Intraday only.
  • #743,609
  • Jan 9, 2013 9:57am Jan 9, 2013 9:57am
Quoting Alexone
I kinda like these days. They build character. I mean im losing today and havent made a single trade yesterday which i dont like but, there is a lot to learn from these.
True, just frustrating to start the year like this. Felt refreshed & raring to go after the hols, some of that energy is being sapped. Guess I'm also sulky about being back in work, bring on the weekend. Bloody hate January!
  • #743,610
  • Jan 9, 2013 10:00am Jan 9, 2013 10:00am
Price is now converging (lower - hi / higher - low sequence). This figure can be traded.

1- Hi : 1.3061
2- Low : 1.3036
3- Hi : 1.3056
4- Low : 1.3040
  • #743,611
  • Jan 9, 2013 10:00am Jan 9, 2013 10:00am
Quoting navk
Risk for long is 1.3035.

But until now my system does not say to go long. See the chart here :
It looks to me we have not seen the bottom for today.

The ATR value reached is just 61 % until now.
Intraday only.
  • #743,612
  • Jan 9, 2013 10:01am Jan 9, 2013 10:01am
Quoting MaxDoom
excellent another conspiracy nut.....

do you really think that the volume of LIVE trades from this forum is of any interest whatsoever to the banks? it wouldn't fill a decimal place on their order book....

as for using the forum as a counter-indicator as you call it - well like I have said before choosing the direction is 50/50 that is not what makes a winning or losing trade. Therefore 50% of the time your indicator will be wrong and therefore it does not work.
LOL omg omg banks are here to hunt my pesky 1 lot trades when they trade at 100000 lots lol
they are hunting for my tiny tiny trades omg omg AHAHAHA

consipracy theory is fine but....
Bankers are hired to post on this thread? dont you think they should be paid to actually do something better than to post threads?? lol

indeed he is a nut....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #743,613
  • Jan 9, 2013 10:01am Jan 9, 2013 10:01am
Quoting Alexone
The whole day has been very tough even if u knew direction because price did not give clean entries for sellers or buyers. I only entered short because i felt the bulls were getting trapped. Tough day indeed.
agreed...
Surabaya
  • #743,614
  • Jan 9, 2013 10:05am Jan 9, 2013 10:05am
People should stop searching for post that gives THEIR opinion of how THEY think the market is going or what MIGHT effect the market, than leave time passing to see if they were right or wrong and if they are wrong they show their respons as if they knoew perfectly that the post of the other individual was wrong.

To those that have no balls to give their forecast opinion and just READ, WAIT and CRITICISE I juat have a friendlu though.
SHUT THE FUCK UP and if you are able to do better just do it and stop waisting the readers time with your wannabe expert ASSHOLE criticism especialy if you claim to be a chartist.
  • #743,615
  • Jan 9, 2013 10:07am Jan 9, 2013 10:07am
Quoting Cuso
Full size long from 48.
Closed at BE. Caught right in the middle of PA (which by the way sucks today) since I entered.
  • #743,616
  • Jan 9, 2013 10:08am Jan 9, 2013 10:08am
Quoting EURUSD trad
People should stop searching for post that gives THEIR opinion of how THEY think the market is going or what MIGHT effect the market, than leave time passing to see if they were right or wrong and if they are wrong they show their respons as if they knoew perfectly that the post of the other individual was wrong.

To those that have no balls to give their forecast opinion and just READ, WAIT and CRITICISE I juat have a friendlu though.
SHUT THE FUCK UP and if you are able to do better just do it and stop waisting the readers time with your wannabe...
read em and weep!
already 40+ pip, awaiting to see support turn resistance get rejected to get further move down....

https://dl.dropbox.com/u/52561775/Fo...12013.2303.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #743,617
  • Jan 9, 2013 10:08am Jan 9, 2013 10:08am
Quoting EURUSD trad
People should stop searching for post that gives THEIR opinion of how THEY think the market is going or what MIGHT effect the market, than leave time passing to see if they were right or wrong and if they are wrong they show their respons as if they knoew perfectly that the post of the other individual was wrong.

To those that have no balls to give their forecast opinion and just READ, WAIT and CRITICISE I juat have a friendlu though.
SHUT THE FUCK UP and if you are able to do better just do it and stop waisting the readers time with your wannabe...
How did this drivel get past the moderation queue?

Quoting fxtyrant
read em and weep!
already 40+ pip, awaiting to see support turn resistance get rejected to get further move down....
I took the sister setup on the Swissy two days ago, +53.8 at the moment.
  • #743,618
  • Jan 9, 2013 10:10am Jan 9, 2013 10:10am
What a crap pa. narrow as an ants but hole.
  • #743,619
  • Jan 9, 2013 10:10am Jan 9, 2013 10:10am
Quoting EURUSD trad
I juat have a friendlu though.
U lost me...ru tryin to say 'im just a friendly twat?'
  • #743,620
  • Jan 9, 2013 10:10am Jan 9, 2013 10:10am
Quoting Kanzler
How did this drivel get past the moderation queue?
look at his status again... apparently suspended in a whiffy... my god moderation in this forum is tense...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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