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EURUSD

  • #751,621
  • Jan 29, 2013 12:38pm Jan 29, 2013 12:38pm
Sell off is coming in 1.3520 ...pay atention... TP 1.3280
  • #751,622
  • Jan 29, 2013 12:39pm Jan 29, 2013 12:39pm
Quoting Rag2RichesFX
there was no bear because of the large surge to close last week. then we had a nice bull flag and now that we are at new highs

bear is possible but of course must wait for the bull waves to end.

see chart for an example. this applies to all time frames and the daily just saw a mimic of what the H1 saw in the last 6 hours off that dip.
I can't say I see any clear rejection of the year-to-date highs... If bears were sitting around around 1.3510s, they would have sc***d the chart a few hours ago... I don't really think they are sitting there, probably 100-200 pips above that but I truly don't see any bear mate... Forget all the stochastistics. If you have just turned your platform on, what would you think...??? We are actually in a very aggressive Bull territory now, approaching 1.3526 is no joke... You sure know very well what that means, we are about to open the door for 1.40s. I am literally hitting my head not to keep my longs which I had around 1.2680s now... This shite has buyers at every fooking level (This phrase belongs to my dear friend attila, not to me).
  • #751,623
  • Jan 29, 2013 12:44pm Jan 29, 2013 12:44pm
agreed with hundreds of pips above the real bears shouldnt come out until here
Attached Image(s) (click to enlarge)
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Be hopeful in a winning position, and fearful in a losing position.
  • #751,624
  • Jan 29, 2013 12:44pm Jan 29, 2013 12:44pm
still holding that short 3455, mind you i play this game with low leverage

might have to hold for a while, who knows maybe i can leave it to a relative in my will
  • #751,625
  • Jan 29, 2013 12:46pm Jan 29, 2013 12:46pm
Quoting Afarensis
Sell off is coming in 1.3520 ...pay atention... TP 1.3280
I got limit sell same number 1.3520
In trading, you have to be defensive and aggressive at the same time
  • #751,626
  • Jan 29, 2013 12:49pm Jan 29, 2013 12:49pm
I see a BEP on yesterdays candle! So...i will buy.
  • #751,627
  • Jan 29, 2013 12:50pm Jan 29, 2013 12:50pm
Wishing all of us a prosperous new trading week. The single currency pair remains to the upside testing 1.35** area before any pulling back. on the longer term perspective, we are to see price at/arn 1.38** in the few coming months. Safe trade & remember risk management is the only holy grail.
forexpillariscipline & patience Trader
  • #751,628
  • Jan 29, 2013 12:55pm Jan 29, 2013 12:55pm
Quoting math_GB
You still don't have him on ignore...???
I find him amusing.
I think he likes fishing.
Impressing newby.
None of his posts are of any use they are more of a show.
Who is he trying to impress?
Btw i took a short @81 earlier which didnt work out.
Looked topish for a moment. What a mofu lol.
  • #751,629
  • Jan 29, 2013 12:57pm Jan 29, 2013 12:57pm
Quoting Davit
Something I have been aware for awhile.
Whenever over 60% retail traders take positions PA goes opposite.Its no secret just like casino lot of brokers bet against their clients so Oanda and others clearly see where they are and take a position against it.
Take a look
would doubt that is an accurate representation of market positions
rat
  • #751,630
  • Jan 29, 2013 1:03pm Jan 29, 2013 1:03pm
Quoting godrich
still holding that short 3455, mind you i play this game with low leverage

might have to hold for a while, who knows maybe i can leave it to a relative in my will
..indeed...still room to go up imho
  • #751,631
  • Jan 29, 2013 1:05pm Jan 29, 2013 1:05pm
Quoting rattyo
would doubt that is an accurate representation of market positions
its only oanda's clients

and yeah i bet they cook those numbers

unless everyone is just really bad at trading


besides i dont know if those track total lots or just amount of positions. if total lots that would be immensely helpful, but im pretty sure its just total positions.
Be hopeful in a winning position, and fearful in a losing position.
  • #751,632
  • Jan 29, 2013 1:06pm Jan 29, 2013 1:06pm
Quoting mercy seat
Well yes ...

Mostly ...

That's the way it is ...



So what?

Of course not needed a hundret times as you say ... ... that's a bit silly to asume such things ...

Just read ... and then you will see that major moves has been done ...

###

Down we have been ... then A REVERSO UP ... interim reversals ... then up again ...

Afterwards we smashed it down from 1.3495 with A REVERSO ... down towards 1.3465 ...

Cashed there major parts ... and so on ...

###

Just read and try to understand ... take it or leave...


I will leave it thanks.
Thing is you post after events... You never give a reason and chief of all you never lose.
What are you doing on here if you are so succesful.
You must be a gazillionaire if you work on small positions. Got knows how rich you must be if you trade with 0.5 lot at time.
  • #751,633
  • Jan 29, 2013 1:06pm Jan 29, 2013 1:06pm
If this pattern flag doesnt go to 1.3517 next 55 minutes flag will be invalid because this is the 7 candle they can be minimum 3 maximum 7 right?
  • #751,634
  • Jan 29, 2013 1:07pm Jan 29, 2013 1:07pm
Quoting pips-scout
I will leave it thanks.
Thing is you post after events... You never give a reason and chief of all you never lose.
What are you doing on here if you are so succesful.
You must be a gazillionaire if you work on small positions. Got knows how rich you must be if you trade with 0.5 lot at time.
That is the key for success
  • #751,635
  • Jan 29, 2013 1:08pm Jan 29, 2013 1:08pm
Quoting Rag2RichesFX
its only oanda's clients

and yeah i bet they cook those numbers

unless everyone is just really bad at trading


besides i dont know if those track total lots or just amount of positions. if total lots that would be immensely helpful, but im pretty sure its just total positions.
It's about as useful as a hole in the head
is what we are implying
rat
  • #751,636
  • Jan 29, 2013 1:08pm Jan 29, 2013 1:08pm
Will sit on sidelines till nfp
  • #751,637
  • Jan 29, 2013 1:09pm Jan 29, 2013 1:09pm
Quoting rattyo
It's about as useful as a hole in the head
is what we are implying
pretty much, lol
Be hopeful in a winning position, and fearful in a losing position.
  • #751,638
  • Jan 29, 2013 1:10pm Jan 29, 2013 1:10pm
Quoting math_GB
That is the key for success
I flew to town and back just now but nobody saw nw coz of the low clouds.
  • #751,639
  • Jan 29, 2013 1:13pm Jan 29, 2013 1:13pm
Quoting abnormal
If this pattern flag doesnt go to 1.3517 next 55 minutes flag will be invalid because this is the 7 candle they can be minimum 3 maximum 7 right?
there is no hard and fast rule of certainty in a candle pattern indicator or tarot card reading
as to the future direction.
Absolutely anything is possible in the financial markets.

The Dow could start tanking a 1000 points any second
has done before and recovered taking everything else

A Nuclear war head could be set of sending the market
berserk
Benny B could all of a sudden appear on the wires and
anounce he wants QE to continue forever destroying the
dollar and sending EURUSD to 99999999999999999999
999999999999999999999999.9999999999 EXP.99999
9999999999999999999999999

My long will be sure looking good

any sign of the 7 candle rule hinting of this scenario?
rat
  • #751,640
  • Jan 29, 2013 1:22pm Jan 29, 2013 1:22pm
Quoting rattyo
there is no hard and fast rule of certainty in a candle pattern indicator or tarot card reading
as to the future direction.
Absolutely anything is possible in the financial markets.

The Dow could start tanking a 1000 points any second
has done before and recovered taking everything else

A Nuclear war head could be set of sending the market
berserk
Benny B could all of a sudden appear on the wires and
anounce he wants QE to continue forever destroying the
dollar and sending EURUSD to 99999999999999999999
999999999999999999999999.9999999999...

Wouldnt count benny out
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Killerswrath