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  • #744,801
  • Jan 11, 2013 5:52am Jan 11, 2013 5:52am
Quoting MaxDoom
if they showed you that count they don't know what they are doing..... it is not valid in that format
Can you send us this video please?
  • #744,802
  • Jan 11, 2013 5:53am Jan 11, 2013 5:53am
Quoting fxmasterdxb
It's quite obvious what is going on here, the bulls are running out of steam and the bears are watching out closely, once they feel bulls are too exhausted, boom! A big move down, probably towards the 1.316x.

In case bulls are able to push the pair towards and beyond 1.33, the above scenario is no longer valid.

As far my trading is concerned, I'm waiting for 1.3245 to be cleared to short or 1.3310 to long.
Im thinking similar-ish. My predicted range: 1.3213 - 1.3392. Another big one.
Don't over egg the cake.
  • #744,803
  • Jan 11, 2013 5:55am Jan 11, 2013 5:55am
Personally I'm not really seeing it pulling back too much further than 1.323 on the EURUSD. But I'm look at the Monthly/Weekly charts and seeing room for the bull to go yet. I reckon we'll probably see a little bull wake up in the US session, but he'll really come out to play next week.
I operate with clear definite rules, if I break them I lose BIG!
  • #744,804
  • Jan 11, 2013 5:57am Jan 11, 2013 5:57am
Quoting Napoli
Can you send us this video please?
no good asking me I didn't see it
  • #744,805
  • Jan 11, 2013 5:59am Jan 11, 2013 5:59am
USD Trade balance can be the news that makes the market a little move during US session...
  • #744,806
  • Jan 11, 2013 6:04am Jan 11, 2013 6:04am
calling it a week unless we get a decent shove up, bit more cautious now after getting a kick from ej. Had fun trading ej yesterday, but it can be a vicious little sod on the retrace
  • #744,807
  • Jan 11, 2013 6:06am Jan 11, 2013 6:06am
Just waiting for the big drop next week. Happy Pippin people.
  • #744,808
  • Jan 11, 2013 6:08am Jan 11, 2013 6:08am
Quoting bennyblanco
calling it a week unless we get a decent shove up, bit more cautious now after getting a kick from ej. Had fun trading ej yesterday, but it can be a vicious little sod on the retrace
Better to call it a week if you're not sure yeah. You had a nice day yesterday from what I can remember right? Enjoy weekend.
  • #744,809
  • Jan 11, 2013 6:11am Jan 11, 2013 6:11am
Quoting Robertk
Better to call it a week if you're not sure yeah. You had a nice day yesterday from what I can remember right? Enjoy weekend.
Yeh, yesterday was a good day. Cheers, enjoy yours
  • #744,810
  • Jan 11, 2013 6:12am Jan 11, 2013 6:12am
Thank God, I'm such a calm person, or I will die because of Bull-phobia.
Gotta Relax, and let the market tease u.
  • #744,811
  • Jan 11, 2013 6:15am Jan 11, 2013 6:15am
Quoting Ihate2lose
Thank God, I'm such a calm person, or I will die because of Bull-phobia.
Gotta Relax, and let the market tease u.
If you made 150 Pips as you claimed, why don't you liquide the position and have a nice weekend - then the next week search for a new opportunity ... You know profit running sometimes doesn't work with this pair and most of times lately it doesn't !
"It's the Margin, Stupid."
  • #744,812
  • Jan 11, 2013 6:19am Jan 11, 2013 6:19am
sell limit @ 1.3272
SL: 1.3287
TP: 1.322

Speculating on a bear breakout. Small stop.
  • #744,813
  • Jan 11, 2013 6:21am Jan 11, 2013 6:21am
Now it has broken low and is retesting the broken level.

If it goes low again, this would be the signal for low BUT US session will open too soon... i stay away
  • #744,814
  • Jan 11, 2013 6:21am Jan 11, 2013 6:21am
The miserable life of a scalper. Took profits and locked this in whichever way we're heading. Probably south.
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  • #744,815
  • Jan 11, 2013 6:21am Jan 11, 2013 6:21am
I want to stay calm and patient now. Bear is still sleeping until 5th wave is over on daily chart.
Attached Image
  • #744,816
  • Jan 11, 2013 6:24am Jan 11, 2013 6:24am
Quoting yelena
short on eu and ej. mental stops in place. babying the trades (sort of). 0.25% size since the SLs are too far off
TDI seemed ready and the timing seems right.
after a long day of waiting, i think PA i about ready to go long, again (but with very limited upside ?? not even an R1) so em not going long... such a quiet day

happy weekend and trade well!
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  • #744,817
  • Jan 11, 2013 6:26am Jan 11, 2013 6:26am
Quoting fxmasterdxb
Guys who are longing, careful please, the pair is about to give up 1.33 for the time being! Maintain tight s/l.
Its better to sell long from yesterday and wait for breakout now.

Less risky (on a small timeframe basis)
  • #744,818
  • Jan 11, 2013 6:26am Jan 11, 2013 6:26am
Quoting Ihate2lose
I want to stay calm and patient now. Bear is still sleeping until 5th wave is over on daily chart.
Why are u so sure ur elliott wave theory would play out??
My experience is that eurusd doesnt respect it, besides the wave you drawn is simply messed up...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #744,819
  • Jan 11, 2013 6:29am Jan 11, 2013 6:29am
Quoting Myo
sell limit @ 1.3272
SL: 1.3287
TP: 1.322

Speculating on a bear breakout. Small stop.
Yes, i also think like so...
  • #744,820
  • Jan 11, 2013 6:34am Jan 11, 2013 6:34am
there's a saying"it's not about the gold that u lost during cross the river, it's how hard u tried carry it over from the other side."
Maybe I'm just addicted to trading so much. Over the weekend, I become sad when the markets are closed.
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