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  • #754,981
  • Feb 6, 2013 12:16pm Feb 6, 2013 12:16pm
Quoting BellaVista
I'm backing the bears here. ............
Me too baking bulls
The Thief of Wall Street
  • #754,982
  • Feb 6, 2013 12:17pm Feb 6, 2013 12:17pm
expect for the bottom to fall out pre-asia market.
  • #754,983
  • Feb 6, 2013 12:17pm Feb 6, 2013 12:17pm
short entered for me as well here this morning. good luck guys.
Whatever is happening right now has happened before and will happen again.
  • #754,984
  • Feb 6, 2013 12:18pm Feb 6, 2013 12:18pm
Quoting mnmnmmnnmnmn
but looks like your black indicator (whatever it is) has just pass through mid line which tells me that it's just a matter of time for the price to break 120.
I agree with you we will have to wait and see if it breaks or holds
  • #754,985
  • Feb 6, 2013 12:18pm Feb 6, 2013 12:18pm
Quoting Chicky
Me too baking bulls
I've only backed the bulls within the last 48 hours. I expect a big shock during pre-market asia. When ever eur/usd or eur/jpy trades between 1 pivot range. It will result in a strong move during asia pre-market. Of course eur/jpy is a field day as for points, yet eur/usd should fall to 1.3480
  • #754,986
  • Feb 6, 2013 12:24pm Feb 6, 2013 12:24pm
Quoting BellaVista
I've only backed the bulls within the last 48 hours. I expect a big shock during pre-market asia. When ever eur/usd or eur/jpy trades between 1 pivot range. It will result in a strong move during asia pre-market. Of course eur/jpy is a field day as for points, yet eur/usd should fall to 1.3480
Huh? You baked them 48 hours? at what temp?
The Thief of Wall Street
  • #754,987
  • Feb 6, 2013 12:25pm Feb 6, 2013 12:25pm
Quoting Bocephus
As you can see on my chart the 120ma still hasn't been broken. There looks to be plenty of momentum pushing down but 120 needs to break to see a new low. That is a critical level right now
The test of this level is coming
  • #754,988
  • Feb 6, 2013 12:40pm Feb 6, 2013 12:40pm
Quoting Bocephus
The test of this level is coming
Why do you use 120ma? What about 50ema and 200ema?
  • #754,989
  • Feb 6, 2013 12:46pm Feb 6, 2013 12:46pm
Quoting BellaVista
I've only backed the bulls within the last 48 hours. I expect a big shock during pre-market asia. When ever eur/usd or eur/jpy trades between 1 pivot range. It will result in a strong move during asia pre-market. Of course eur/jpy is a field day as for points, yet eur/usd should fall to 1.3480
hummm... 3455/65 imho
is the Key to this week ... if this level break .. 340x can be achieved..
  • #754,990
  • Feb 6, 2013 12:49pm Feb 6, 2013 12:49pm
Quoting lancedes
Why do you use 120ma? What about 50ema and 200ema?
Thats the way I was taught what do yours say?
  • #754,991
  • Feb 6, 2013 12:59pm Feb 6, 2013 12:59pm
Quoting Bocephus
Thats the way I was taught what do yours say?
Yip, different schools of thought around the world huh. I use 50ema and 200ema. Only buy when price is above both lines and sell when price is below both lines
  • #754,992
  • Feb 6, 2013 1:02pm Feb 6, 2013 1:02pm
Quoting lancedes
Yip, different schools of thought around the world huh. I use 50ema and 200ema. Only buy when price is above both lines and sell when price is below both lines
so based on that you're still holding a long?
  • #754,993
  • Feb 6, 2013 1:03pm Feb 6, 2013 1:03pm
Quoting lancedes
Yip, different schools of thought around the world huh. I use 50ema and 200ema. Only buy when price is above both lines and sell when price is below both lines
what TF's do you trade off of and whats your exit strategy
  • #754,994
  • Feb 6, 2013 1:08pm Feb 6, 2013 1:08pm
I'm pretty new to all this and am still in the process of developing a strategy, really. But I'm focussing on 4hr TF's and above. Exit strategy depends on the reason for entering the trade in the first place. I guess a change in the prevailing set of conditions that made me enter the trade in the first place. What sort of trader does that make me, does it have a name? I'm definitely nervous about being too many pips to the good though, and tend to exit prob way sooner than I ought to most of the time. all comes with practise and learning.....
  • #754,995
  • Feb 6, 2013 1:08pm Feb 6, 2013 1:08pm
Quoting Chicky
yes. 1.3350
I think @3140
  • #754,996
  • Feb 6, 2013 1:11pm Feb 6, 2013 1:11pm
Quoting lancedes
I'm pretty new to all this and am still in the process of developing a strategy, really. But I'm focussing on 4hr TF's and above. Exit strategy depends on the reason for entering the trade in the first place. I guess a change in the prevailing set of conditions that made me enter the trade in the first place. What sort of trader does that make me, does it have a name? I'm definitely nervous about being too many pips to the good though, and tend to exit prob way sooner than I ought to most of the time. all comes with practise and learning........
well if that works for you great but switching the the TF's that strategy doesn't work for me. Although I am new to the boards I have been a professional trader for almost 15 years
  • #754,997
  • Feb 6, 2013 1:12pm Feb 6, 2013 1:12pm
Quoting mercy seat
RECAP:



This is what we have had got to work with for today ... final survey based on 17:00 ET / 22:00 GMT / 23:00 CET ...


2013-02-06_00h00 - ZigZag + Pivot Survey _ EURUSD _ Roll Up _ W-06 # FG87 (EN Daily, Weekly).PNG (125.9 KB)


All our advanced readers do know how to interprete them shown keys on their own ...

My kind of views will follow in a seperated space ...








;-|

And this is what we have got for the rest of the day with a preliminary technical survey for tomorrow ...

Preliminary survey based on 13:00 ET / 18:00 GMT / 19:00 CET ...

2013-02-06_19h00 - ZigZag + Pivot Survey _ EURUSD _ Rolling _ W-06 # UI1 (EN Daily, Weekly).PNG (129.1 KB)

My kind of views will follow in a seperated space ...








;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #754,998
  • Feb 6, 2013 1:18pm Feb 6, 2013 1:18pm
Quoting Bocephus
well if that works for you great but switching the the TF's that strategy doesn't work for me. Although I am new to the boards I have been a professional trader for almost 15 years
What kinds of strategy do you employ?
  • #754,999
  • Feb 6, 2013 1:24pm Feb 6, 2013 1:24pm
Quoting lancedes
What kinds of strategy do you employ?
To much to explain on here but my advice to you is sim trade while you learn don't waste or lose money while learning
  • #755,000
  • Feb 6, 2013 1:26pm Feb 6, 2013 1:26pm
Quoting eliabreu
I think @3140
What makes you say this, just curious?

I see Draghi pushing this either 200 higher or 200 lower depending on rhetoric. You agree?
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