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  • #755,801
  • Feb 7, 2013 6:05pm Feb 7, 2013 6:05pm
Quoting BobGnarly
He's up from his nap and he isn't to happy
Like A Boss, lets see what europe does though
How to Win at Sports Betting: DON'T DO IT!
  • #755,802
  • Feb 7, 2013 6:05pm Feb 7, 2013 6:05pm
Wonder how many big boys loaded up their accounts on the BS push down
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  • #755,803
  • Feb 7, 2013 6:05pm Feb 7, 2013 6:05pm
Quoting BellaVista
Can we break this high just created? If we do we should go plus 15 over it.
Now that is what you called accurately predicting price action.
  • #755,804
  • Feb 7, 2013 6:06pm Feb 7, 2013 6:06pm
Quoting BobGnarly
Wonder how many big boys loaded up their accounts on the BS push down
You taught yesterdays move down was B.S.? You must be heavy in the red then.
  • #755,805
  • Feb 7, 2013 6:10pm Feb 7, 2013 6:10pm
Quoting BellaVista
You taught yesterdays move down was B.S.? You must be heavy in the red then.

Got stopped at +5 if you read my posts earlier... And I am building another long position as we speak..
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  • #755,806
  • Feb 7, 2013 6:21pm Feb 7, 2013 6:21pm
Quoting BellaVista
You taught yesterdays move down was B.S.? You must be heavy in the red then.
market moves and pulls back. even in monthly, weekly tf as well. plenty of opportunities for both bulls and bears if you know how to play it. just because we had 200 pips slide in one day doesn't mean we've reached a major top..
  • #755,807
  • Feb 7, 2013 6:23pm Feb 7, 2013 6:23pm
Quoting BobGnarly
He's up from his nap and he isn't to happy
More Like http://i45.tinypic.com/jt1g7p.jpg
  • #755,808
  • Feb 7, 2013 6:30pm Feb 7, 2013 6:30pm
Quoting pkimnyc
market moves and pulls back. even in monthly, weekly tf as well. plenty of opportunities for both bulls and bears if you know how to play it. just because we had 200 pips slide in one day doesn't mean we've reached a major top..


Oh I know. Just I trade more on the weekly and monthlys... Could care less if we go down to 1.3250, just more buying opportunities
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  • #755,809
  • Edited 6:53pm Feb 7, 2013 6:37pm | Edited 6:53pm
Quoting gatorinla
widening my entry and stop zone to 3418 + a few instead of 3417.. there is a flagish formation still unconfirmed there trying to build. so i will split the entry to a little higher. just trying to catch some drop momentum and the trade will risk 1/4%. i am not overlooking the norm back to 3583 before 320x . this little add is looking for bull weakness in the small charts to short. with a confirmation.. if it is a flag the red arrows show the norm target.

Posted by gatorinla
3408 is a old level

under it now with a 4h close. it contained the bounce so far. there may be a short here/near.. stops just above 3414 ( 3417 ish ) may be enough. its a tight small area. so as long as we dont over-leverage, the stops will not hurt.. the reward of my add will be worth the risk. but as always make sure your analysis agrees.
added at 3414
those who can, do. those who cant, talk about those who can
  • #755,810
  • Feb 7, 2013 6:55pm Feb 7, 2013 6:55pm
http://i1086.photobucket.com/albums/...ps8527e274.jpg

For the Bull: Today Target should be 1.3485 and 1.3530
For the Bear: Today Target is 1.3310 and 1.3250

Daily trend is still Bullish but the price hit the middle band of Bollinger Bands which give a us a clue that the bear cannot be underestimated this time. However Daily Stochastic show the current price is oversell and expect a reversal soon within 1-2 trading days. Furthermore the bear power is not as strong as the bull power (looking from the daily volume). From Fundamentals point of view, today is the 2nd day of European Economic Summit and US trade balance which of course can shake the market.

My PERSONAL trading strategy for today is still in favor for the Bull rather than the Bear. But if the price continue to drop, i'll take the opportunity using the smaller lot. how about yours?
Everything in the world has its own rhytms
  • #755,811
  • Feb 7, 2013 7:55pm Feb 7, 2013 7:55pm
It looks like we are heading south from here till end of the week, if there would be any pullback from here i will look to short near 65.
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #755,812
  • Feb 7, 2013 7:58pm Feb 7, 2013 7:58pm
Quoting gatorinla

Posted by gatorinla
3408 is a old level

under it now with a 4h close. it contained the bounce so far. there may be a short here/near.. stops just above 3414 ( 3417 ish ) may be enough. its a tight small area. so as long as we dont over-leverage, the stops will not hurt.. the reward of my add will be worth the risk. but as always make sure your analysis agrees.
added at 3414...
unlikely this h... but ej -125.25 close would help.. so far 3414 holding
those who can, do. those who cant, talk about those who can
  • #755,813
  • Feb 7, 2013 8:01pm Feb 7, 2013 8:01pm
This being FRi we could see profit taking and bigger probability of BULLs VS Bears
Price stopped dead on daily Sopport3 and so far holding.
LO could drive North maybe 60-80pips.I am planning on it.
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In trading, you have to be defensive and aggressive at the same time
  • #755,814
  • Feb 7, 2013 8:09pm Feb 7, 2013 8:09pm
and what your plan ? two option : buy now or wait till she going north 60-80 as you said and short
Quoting Davit
This being FRi we could see profit taking and bigger probability of BULLs VS Bears
Price stopped dead on daily Sopport3 and so far holding.
LO could drive North maybe 60-80pips.I am planning on it.
not euphoria follower
  • #755,815
  • Feb 7, 2013 8:11pm Feb 7, 2013 8:11pm
sell stop @ 1.3366
sl @ 1.3388
tp @ 1.3271
Time turns trend. - W.D. Gann
  • #755,816
  • Feb 7, 2013 8:23pm Feb 7, 2013 8:23pm
Quoting Davit
This being FRi we could see profit taking and bigger probability of BULLs VS Bears
Price stopped dead on daily Sopport3 and so far holding.
LO could drive North maybe 60-80pips.I am planning on it.
Have the exact OPPOSITE thinking
short @ 1.34111
A good trader follows his rules, but great trader knows when to break them
  • #755,817
  • Feb 7, 2013 8:24pm Feb 7, 2013 8:24pm
Quoting iqyu5an
and what your plan ? two option : buy now or wait till she going north 60-80 as you said and short
I am going to wait and see what LO will do.No reason to place a trade now since nothing is moving anyway.
I rather know where it is going then gamble now.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #755,818
  • Feb 7, 2013 8:26pm Feb 7, 2013 8:26pm

Quoting Davit
I am going to wait and see what LO will do.No reason to place a trade now since nothing is moving anyway.
I rather know where it is going then gamble now.
Regards
not euphoria follower
  • #755,819
  • Feb 7, 2013 8:30pm Feb 7, 2013 8:30pm
Quoting ill_be_back
Have the exact OPPOSITE thinking
short @ 1.34111
Consider that just about every-time retail traders take a dominate position Market makers push PA on the opposite side.
58% short on Oanda ....
and who is taking opposite side of your position?Your broker,Banks
I am flexible therefore I will wait.
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In trading, you have to be defensive and aggressive at the same time
  • #755,820
  • Feb 7, 2013 8:32pm Feb 7, 2013 8:32pm
Quoting brio
I am still holding my long! If we close above 1.340x, I will leave it for a test at 1.35.
But below that, I will close it.
still on this....but it need to break 14 for 65/73
I will short at that point
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