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  • #786,661
  • Apr 11, 2013 4:09pm Apr 11, 2013 4:09pm
Quoting gatorinla
edit-= bears a cub was born now st bulls want 3120, so my s stops are above..no bulls w/o it.. other bear targets were posted.
3110 is the mid to 3120, no surprise for even a bear to go there in a bounce.. the logic in moving stops above 3120 is to not get stopped out unless a bull completes a minor wave. if that dont happen, there are no bulls.
those who can, do. those who cant, talk about those who can
  • #786,662
  • Apr 11, 2013 4:38pm Apr 11, 2013 4:38pm
  •  Noeliu
  • | Joined Apr 2013 | Status: Hit SL?? Clicked the wrong button | 51 Posts
I have a short @1.3090
What do you think? Should I close it for little loss or wait?
SL at 1.3190
  • #786,663
  • Apr 11, 2013 4:44pm Apr 11, 2013 4:44pm
Quoting SugarPink
1.4 ? 1.35 ? 1.33 ?
never no with this crazy market, or may be @ least 1.325 !?
  • #786,664
  • Apr 11, 2013 5:14pm Apr 11, 2013 5:14pm
Quoting marcof91
On monthly chart i have a bullish wave pointing to 1.4800 since july 2012. I will not be surprise too.
Brother I really doubt it. At 1.37xx the EZ finance ministers were b*tchin how a high euro was killing their exports. Even Super Mario said they would remain accommodative.

Also the fundamentals of the EZ suck. This rise is due to the money from Japan buying sovereign bonds. Nothing last forever and the Yen is on the Highway to Hell.
Trade smaller than rational because the market is irrational...
  • #786,665
  • Apr 11, 2013 5:23pm Apr 11, 2013 5:23pm
Quoting EuroTraderJD
Brother I really doubt it. At 1.37xx the EZ finance ministers were b*tchin how a high euro was killing their exports. Even Super Mario said they would remain accommodative. Also the fundamentals of the EZ suck. This rise is due to the money from Japan buying sovereign bonds. Nothing last forever and the Yen is on the Highway to Hell.
bro, you got my pm?
  • #786,666
  • Apr 11, 2013 5:32pm Apr 11, 2013 5:32pm
My latest eur/usd outlook
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-analysis-120413.jpg Size: 257 KB
  • #786,667
  • Apr 11, 2013 5:48pm Apr 11, 2013 5:48pm
Quoting mpakii
My latest eur/usd outlook {image}
no arrow up?
  • #786,668
  • Apr 11, 2013 5:58pm Apr 11, 2013 5:58pm
i have long targeting 1.3130 area before london open
Attached Image (click to enlarge)
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  • #786,669
  • Apr 11, 2013 5:59pm Apr 11, 2013 5:59pm
hmmm eu seems like it is in deciding area...up OR down

but grinding up slowly...
  • #786,670
  • Apr 11, 2013 6:11pm Apr 11, 2013 6:11pm
Quoting msetai
hmmm eu seems like it is in deciding area...up OR down but grinding up slowly...
hmmm its the same if you said i dont know where the f is goin
  • #786,671
  • Apr 11, 2013 6:16pm Apr 11, 2013 6:16pm
Quoting mpakii
My latest eur/usd outlook {image}

Bingo, This is what i see.
  • #786,672
  • Apr 11, 2013 6:21pm Apr 11, 2013 6:21pm
kinda countin on 3150
  • #786,673
  • Apr 11, 2013 6:24pm Apr 11, 2013 6:24pm
Quoting BlueGas
hmmm its the same if you said i dont know where the f is goin
yes sir!
  • #786,674
  • Apr 11, 2013 6:25pm Apr 11, 2013 6:25pm
Quoting thestarting
Bingo, This is what i see.
hmmm so far that 3112 area has held...
  • #786,675
  • Apr 11, 2013 6:27pm Apr 11, 2013 6:27pm
Quoting mpakii
My latest eur/usd outlook {image}

yep I agree is one scenario,

but need to wait for topping pattern, is only half there at the moment, should stay valid as long we dont make any new daily highs,

I think your stop is very very generous, I think too generous, With a decent toppng pattern can have much less risk

I would like to see for a start her below todays open,
If you are new to Forex? Say Goodbye to your account!!
  • #786,676
  • Apr 11, 2013 6:31pm Apr 11, 2013 6:31pm
Quoting msetai
hmmm so far that 3112 area has held...

Nothings really game until Lodon opens tbh.

Edit - spelling.

Also, if london happens to open higher my TP will be triggerd. I usually follow my rules if london opens and breaks high of the day then the move is upward. vice-versa.
  • #786,677
  • Apr 11, 2013 6:35pm Apr 11, 2013 6:35pm
4th day testing the Merlin Breakout

10PM - 12AM
HI 1.31128
LO 1.30991

Given the LO is right on the DPP, I'm expecting this to be the low of the day. Despite calls of a reversal at the 38FIB, I think profits from the longs taken early April will materialise around 3175. My ideal would be 3190 for a retrace back to 3040-3060 before a big push for the 50FIB 32XX.

Plan for tomorrow 7am:
If price > 3112 by less than 60, look for Long, else look for Retrace
If price < 3099 by less than 60, look for Long, else Stay Out

Should the above be wrong to the downside, no trade until a break and retest of 3000 - 3020
A pip is only worth it if you know how much you risked to earn it
  • #786,678
  • Apr 11, 2013 7:03pm Apr 11, 2013 7:03pm
Quoting attila
bro, you got my pm?
Yes I responded a few minutes ago. You can let me know if its good, bad, or just plain ugly.

To my other FX brothers who PM me about the MM Pyramid, I just sent them out so check your emails with the addresses you gave me.

Sorry for the delay I had to be at a client today and only check my profile page once a day.
Trade smaller than rational because the market is irrational...
  • #786,679
  • Apr 11, 2013 7:21pm Apr 11, 2013 7:21pm
I wen't long at the open 1.3113 with a stoplos of 100 pips @1.1013 and a TP at Fib level 2 100% of the daily bar for 11 april TP 1.3228
  • #786,680
  • Apr 11, 2013 7:22pm Apr 11, 2013 7:22pm
Quoting EuroTraderJD
Yes I responded a few minutes ago. You can let me know if its good, bad, or just plain ugly. To my other FX brothers who PM me about the MM Pyramid, I just sent them out so check your emails with the addresses you gave me. Sorry for the delay I had to be at a client today and only check my profile page once a day.
Hey Euro,

If you dont mind sending me a copy of your MM pyramid info, I would greatly like to take a look.

Thanks in advance!
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