Dislikedyeah, must break this bottom today or tomorrow most likely tomorrow, you can see eur/jpy wants to go down aswell, even tough every1 is aiming 1.35 or 1.37, real buyers must buy at lower levels. 1.326 and 1.325 is really hard to break, but once it breaks we can see lower levels like 1.317 1.31 1.30, now there you will see bull power
well i'm off see you, let's see if tomorrow this breaks so we can long at lower levels at let some runners.
goodbye everyoneIgnored
- #31,741
- Jan 23, 2013 12:24pm Jan 23, 2013 12:24pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
- #31,742
- Jan 23, 2013 12:30pm Jan 23, 2013 12:30pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #31,744
- Jan 23, 2013 12:41pm Jan 23, 2013 12:41pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
OK.ty.
I think i need to take a rest, because i can find few things logic in here, other 100 things are not logical to me.
We had a 70 pip moves the main move... now the 70 pip move is just a retrace.
I pop-up from the thread once-in-a-while but will trade until we break 34 or 3270-60.
Take care guys.
But remember, the market is irrational, otherwise you would not be able to beat it.
So be thankful for it.
The world you desire can be won. It exists.. it is real.. it is possible..
- #31,745
- Jan 23, 2013 12:43pm Jan 23, 2013 12:43pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
OK.ty.
I think i need to take a rest, because i can find few things logic in here, other 100 things are not logical to me.
We had a 70 pip moves the main move... now the 70 pip move is just a retrace.
I pop-up from the thread once-in-a-while but will trade until we break 34 or 3270-60.
Take care guys.
- #31,746
- Jan 23, 2013 12:46pm Jan 23, 2013 12:46pm
- Joined Aug 2012 | Status: Trader | 4,266 Posts
will trade or not will trade?
- #31,747
- Jan 23, 2013 12:54pm Jan 23, 2013 12:54pm
- Joined Aug 2012 | Status: Trader | 4,266 Posts
See you my friend. I am just trying to give the market structure so it makes sense to me.
But remember, the market is irrational, otherwise you would not be able to beat it.
So be thankful for it.
. Been collecting green pips on the way up and the way down. Profit all the way. I thank the market for that. BUT... it's hard to continue to trade this ego-fight on the market, when I see any logic in these 100% re-trace moves. Doesn't matter do you see or no. Important is that I understand what I trade.Seems they are trading large tf's. Large tf's suggest me to take a rest until they sober up a bit.Got some pendings just in case.
- #31,748
- Jan 23, 2013 1:08pm Jan 23, 2013 1:08pm
- | Joined Oct 2012 | Status: Trader | 1,189 Posts
Could someone explain current PA to me please. up and down and up with no re-test, and huge retraces, with no respect to fib-channels etc.
According to me is quite simple, it reached big supply area with a lot of shorts which took the eur down to a big demand area which is 1.326 there was mass take profit and buy orders which led to big retrace
- #31,749
- Jan 23, 2013 1:48pm Jan 23, 2013 1:48pm
- Joined Oct 2012 | Status: private | 2,606 Posts
just do it
- #31,750
- Jan 23, 2013 2:02pm Jan 23, 2013 2:02pm
- | Joined Oct 2012 | Status: Trader | 1,189 Posts
yes thodie I agree with your forecast, and look demand area is getting lower and supply too, which means 1.326 and 1.325 will be easier to break, next key demand area is much lower.... we just need to break 1.325.... then free fall. No problem we will, if we can't draghi will say couple of magic words 
.
And never forget to look the other scenario, which can be new highs higher supply area.... but I believe before we make 1.35 we need 1.317
.And never forget to look the other scenario, which can be new highs higher supply area.... but I believe before we make 1.35 we need 1.317
- #31,758
- Jan 23, 2013 8:46pm Jan 23, 2013 8:46pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Hope everyone is having a good week
Sorry not much active participation from me
Things have been hectic for me so no day trading but account is growing nicely from limit orders on EURJPY.
Most recent is long from 117.09, barely filled by about 2 pips
Sorry not much active participation from me
Things have been hectic for me so no day trading but account is growing nicely from limit orders on EURJPY.
Most recent is long from 117.09
, barely filled by about 2 pips
Be hopeful in a winning position, and fearful in a losing position.
Pretty good week. Should not complain As long as I´m + I´m not complaining.
Today I think the EURUSD will break up huge. There will be loads of reports in the morning for euro and my guess is that it will take the pair out of this level. It´s time for EURUSD to go forward. It has been resting for several days now. Back to work
Reasons why I think it will break up is mainly because there is more support lines down there than resistance linses up there. Look at weekly and monthly. Dont only look at 1h,4h, 1d. There was a huge move up for two weeks ago and it has not retraced much, why? Hedge funds dont really think it will go down when u look at weekly and monthly. They dont invest in 1h and 4h etc.
Good luck
As long as I´m + I´m not complaining.Today I think the EURUSD will break up huge. There will be loads of reports in the morning for euro and my guess is that it will take the pair out of this level. It´s time for EURUSD to go forward. It has been resting for several days now. Back to work
Reasons why I think it will break up is mainly because there is more support lines down there than resistance linses up there. Look at weekly and monthly. Dont only look at 1h,4h, 1d. There was a huge move up for two weeks ago and it has not retraced much, why? Hedge funds dont really think it will go down when u look at weekly and monthly. They dont invest in 1h and 4h etc.
Good luck