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Trading EURUSD only

  • #34,901
  • Feb 15, 2013 8:28am Feb 15, 2013 8:28am
Quoting mok1one
Bloody F'in hell. Last 2 weeks 9 out of 10 bullish pennants/flags/triangles have been broken DOWN not UP on 1-15min TF's.
When there is a bearish pennant/flag/triangle they manage to break it by the book - what the F*

This was not about EU at the moment, but the post includes EU also.
Let's see if they play by the book this time or do the opposite again (EJ). Is this is the case EU might come down also.
  • #34,902
  • Feb 15, 2013 8:28am Feb 15, 2013 8:28am
5M
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  • #34,903
  • Feb 15, 2013 8:29am Feb 15, 2013 8:29am
they never play the book
they write a new one when needed
heh he

Quoting mok1one
Let's see if they play by the book this time or do the opposite again (EJ). Is this is the case EU might come down also.
  • #34,904
  • Feb 15, 2013 8:30am Feb 15, 2013 8:30am
if this would be 1st trade of the day, means BE start I would exit here
but I have already done so will wait 3400 touch to exit or BE
  • #34,905
  • Feb 15, 2013 8:34am Feb 15, 2013 8:34am
still forcing
  • #34,906
  • Feb 15, 2013 8:36am Feb 15, 2013 8:36am
Quoting stevewalker
they never play the book
they write a new one when needed
heh he
And you know what? You where right.
So now we have to do everything opposite what the patterns tell us?
  • #34,907
  • Feb 15, 2013 8:38am Feb 15, 2013 8:38am
absolutly not
we should trade what we experienced
by the time when new book written we will learn it & react accordingly.



Quoting mok1one
And you know what? You where right.
So now we have to do everything opposite what the patterns tell us?
  • #34,908
  • Feb 15, 2013 8:39am Feb 15, 2013 8:39am
Quoting mok1one
And you know what? You where right.
So now we have to do everything opposite what the patterns tell us?
Hmm... My bad. Too premature post

Seems they are making another bullish pattern.
  • #34,909
  • Feb 15, 2013 8:40am Feb 15, 2013 8:40am
some may be noticed my charts changing every week.
I do adapt MKT every weekend.
every new week I trade different
  • #34,910
  • Feb 15, 2013 8:41am Feb 15, 2013 8:41am
we are over D1 LC above one
posted @ UK session

reverse is POSS


Quoting mok1one
Hmm... My bad. Too premature post

Seems they are making another bullish pattern.
  • #34,911
  • Feb 15, 2013 8:42am Feb 15, 2013 8:42am
here

Quoting stevewalker
D1
we have 2 TL s below

price is over the above one
is it going to test the lower one

my guess we will reverse from inbetween

means ~3230
  • #34,912
  • Feb 15, 2013 8:45am Feb 15, 2013 8:45am
Quoting stevewalker
absolutly not
we should trade what we experienced
by the time when new book written we will learn it & react accordingly.
Hehe. As I mentioned I read a stock day-trading book last week. Written in 2011. Author also said that patterns and setups, that worked 5 years ago and 10 years ago don't work nowdays much. Mostly because of big institutions and the HFT's (high freguency traders).
  • #34,913
  • Feb 15, 2013 8:48am Feb 15, 2013 8:48am
exit LG BE
MFE13
flat
  • #34,914
  • Feb 15, 2013 8:51am Feb 15, 2013 8:51am
expecting 3320/30
  • #34,915
  • Feb 15, 2013 8:53am Feb 15, 2013 8:53am
3340 also may reject
Quoting stevewalker
expecting 3320/30
  • #34,916
  • Feb 15, 2013 8:55am Feb 15, 2013 8:55am
yes
MKT behaviour changes dramaticly
or robots would make fortune in a week

Quoting mok1one
Hehe. As I mentioned I read a stock day-trading book last week. Written in 2011. Author also said that patterns and setups, that worked 5 years ago and 10 years ago don't work nowdays much. Mostly because of big institutions and the HFT's (high freguency traders).
  • #34,917
  • Feb 15, 2013 8:57am Feb 15, 2013 8:57am
BTW most of the books about FX or trading is written by lossers
  • #34,918
  • Feb 15, 2013 8:59am Feb 15, 2013 8:59am
means a great experience but no success

Quoting stevewalker
BTW most of the books about FX or trading is written by lossers
  • #34,919
  • Feb 15, 2013 9:00am Feb 15, 2013 9:00am
im done for today, have a nice day and WE
See you!

Green pips
just do it
  • #34,920
  • Feb 15, 2013 9:01am Feb 15, 2013 9:01am
Not so sunny in the Bahamas today, ... but the tropics nonetheless.... happy friday to all... i've been watching this selloff with trepidation.. but will not allow it to shake me out my position, longterm, we are still in an uptrend channel, ...this pullback is one badmuthashutyourmouth though...
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