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  • #744,441
  • Jan 10, 2013 11:00am Jan 10, 2013 11:00am
Quoting Kanzler
I can't believe there are still people buying this thing.
you know Frankie's closing right about now.. Maybe that has something to do with it..
  • #744,442
  • Jan 10, 2013 11:00am Jan 10, 2013 11:00am
I'm pretty confused as to why everyone insists on wanting to short this pair. There is zero reason to be the first the party on the shorts, if the direction is really going to be downwards the markets will give you a second entry after it confirms the direction, aside from the fact that when the direction does change it will last for a while so what's the big rush, the markets are always going to be open another day. Easier money is to buy dips till the market tells you not to then sell bounce till the market tells you not to.
It works till it doesn't
  • #744,443
  • Jan 10, 2013 11:01am Jan 10, 2013 11:01am
Quoting attila
you know Frankie's closing right about now.. Maybe that has something to do with it..
Probably, I hadn't thought of that.
  • #744,444
  • Jan 10, 2013 11:01am Jan 10, 2013 11:01am
short 13262 stop loss 13310 tp open
  • #744,445
  • Jan 10, 2013 11:02am Jan 10, 2013 11:02am
If there is one thing trading tought me, don't jump in front of a train. No matter how stupid the person driving it is
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  • #744,446
  • Jan 10, 2013 11:02am Jan 10, 2013 11:02am
The next target is 1.3350. Instead of short the pair, just wait until it's down then enter the "Long" trade.
Short will be strong when Greece ask Europe to bail her ripped mini dress, again.
  • #744,447
  • Jan 10, 2013 11:03am Jan 10, 2013 11:03am
short, SL 1.3275 TP open
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  • #744,448
  • Jan 10, 2013 11:03am Jan 10, 2013 11:03am
Maybe I should start talking about 3123 now and even 3084.. but that's for another day..
  • #744,449
  • Jan 10, 2013 11:07am Jan 10, 2013 11:07am
Quoting attila
Maybe I should start talking about 3123 now and even 3084.. but that's for another day..
please elaborate... what do you see from where we stand here, and whats ur analysis on today"s move?
  • #744,450
  • Jan 10, 2013 11:09am Jan 10, 2013 11:09am
Quoting BobGnarly
Glad Im waiting for the hourly close, still climbingggg

Just an observation. I'm a candle counter. How many hourly candle closes have we had with a higher low in a row today? 7 so far. 8 is a fib number. Now waiting for this new hourly candle that just opened, to see if it closes with a HL. Then I'll start counting how many candles it will consolidate before Tokyo comes aboard, then see if they bring it up higher or start bringing it down. Still long here from 1.3141. GL
Time turns trend. - W.D. Gann
  • #744,451
  • Jan 10, 2013 11:13am Jan 10, 2013 11:13am
this is my anal- y-sis. close enough I guess. all the way up to 1.3350
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  • #744,452
  • Jan 10, 2013 11:13am Jan 10, 2013 11:13am
Quoting BobGnarly
short, SL 1.3275 TP open
You just mentioned that train thing n now u guys r shorting it with lowest liquidity in market it can very well touch @33 before tokyo
Anyway just my advise but sorry to say sometimes its just plain stupidity i see here
MMMYYYKKK
  • #744,453
  • Jan 10, 2013 11:15am Jan 10, 2013 11:15am
Still hoping and praying all those trade in eu shud go down after the news...come on ...fight till the end
  • #744,454
  • Jan 10, 2013 11:16am Jan 10, 2013 11:16am
Quoting myk
You just mentioned that train thing n now u guys r shorting it with lowest liquidity in market it can very well touch @33 before tokyo
Anyway just my advise but sorry to say sometimes its just plain stupidity i see here

Yes I am aware I said that, its such a small position. And I adjusted my SL to 1.3268 not any risk at all really. And if it goes my way I will add to my position. I just cant see the point in anyone boosting this too much more.

My first target is the 23.6 fib of this up move today at 1.3212
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  • #744,455
  • Jan 10, 2013 11:16am Jan 10, 2013 11:16am
Quoting myk
You just mentioned that train thing n now u guys r shorting it with lowest liquidity in market it can very well touch @33 before tokyo
Anyway just my advise but sorry to say sometimes its just plain stupidity i see here
I doubt, but I've been wrong before..
  • #744,456
  • Jan 10, 2013 11:22am Jan 10, 2013 11:22am
Top for the day?

Trying short here. Very small risk.
  • #744,457
  • Jan 10, 2013 11:22am Jan 10, 2013 11:22am
Quoting Ihate2lose
this is my anal- y-sis. close enough I guess. all the way up to 1.3350
nice chat



today is a very funny day. i usually post twice in a week.

i saw more than 21 forex traders that keep posting sell trades but i guess
mercy seat infected them all. (-956pips on 19 sell orders)

I voted for him as the next draghi
  • #744,458
  • Jan 10, 2013 11:27am Jan 10, 2013 11:27am
Quoting Freshpips
You've lost me. You were heavily bearish wern't you?

Were you projecting mid 1.29's?
I did , and still see it even lower before Febuaray at 1.28 / 1.27 ! I was surprised by the sudden and overreacted Move from 1.33 straight forward to 1.30 - these type of sudden movements " Blink and you miss it " create disentachement among buyers / sellers , where were they going to pick up the price from ? 1.30 ! So , in my own calculation i thought a fair price would be 1.31500 for Bulls at 1.30 and bears would like to join... but , all fundementals are against Euro in this remaining 40 days of trading. So, Price didn't react as i wanted to be and it was kind of clear that 1.30 won't be taken ... ( So a retrace was due , let it be 1.31500 or 1.31800 but not all the way )

Anyway , i'm not rattled by the nonesense that happened today - these are morons with big keys and money that dropped anywhere , i can see the earth is shifting beneath their legs and when it happens - it will come down as fast as it came up. You can mark My words !
"It's the Margin, Stupid."
  • #744,459
  • Jan 10, 2013 11:29am Jan 10, 2013 11:29am
Quoting dbest
nice chat

I voted for him as the next draghi
tomorrow we'll be less, we already are less.
i'm here by chance, myself , oh the crapp s turning south i'm 17 pips underwater
I'll shop after the drop
  • #744,460
  • Jan 10, 2013 11:31am Jan 10, 2013 11:31am
Quoting egkid
Market very very tricky we could see big move in direction to filter the trades and then go on other direction
Plan your trade and trade it.

For me i had buy limit down there i calculated this point depends on time and Price moves so i wait and no rush
Zone i care about 1.30 - 1.3080
It move to 1.33 then drop to 1.30
So I Add [email protected]
Soon we will see nice move to down no rush
Positions in play
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