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  • #788,161
  • Apr 16, 2013 6:18am Apr 16, 2013 6:18am
Quoting attila
Morning... I see the conspirators manipulated the cripple up, huh?
LOL.... i saw that rant last night before bed. Quite amusing.
A pip is only worth it if you know how much you risked to earn it
  • #788,162
  • Apr 16, 2013 6:18am Apr 16, 2013 6:18am
Quoting attila
Morning... I see the conspirators manipulated the cripple up, huh?
as well i dont see any reasons to see it going up but still im the only one here
  • #788,163
  • Apr 16, 2013 6:19am Apr 16, 2013 6:19am
Quoting divak
they are almost at their target 1.3128
who's got 1.3128 target?
  • #788,164
  • Apr 16, 2013 6:21am Apr 16, 2013 6:21am
Quoting wiseambition
who's got 1.3128 target?
people pushing the thing up in London.... it's daily resistance who has proved strong so far.
i give it less than 5 min before we touch 1.3128.
  • #788,165
  • Apr 16, 2013 6:21am Apr 16, 2013 6:21am
4H bar about to close at 1pm bullish.
May look for a long going into 3140-70... although I'm still cautious as the daily low of 302.2 means we've already covered 100+ pips now but I still think she's choppy.
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A pip is only worth it if you know how much you risked to earn it
  • #788,166
  • Apr 16, 2013 6:22am Apr 16, 2013 6:22am
Quoting divak
people pushing the thing up in London.... it's daily resistance who has proved strong so far. i give it less than 5 min before we touch 1.3128.
thanks, but it could easy get broken (upwards)
  • #788,167
  • Apr 16, 2013 6:23am Apr 16, 2013 6:23am
Quoting divak
as well i dont see any reasons to see it going up but still im the only one here
I think it may go down in NY session but SL orders need to be taken at 1.3126 first. We will see how this level will react. Regards
  • #788,168
  • Apr 16, 2013 6:24am Apr 16, 2013 6:24am
Quoting divak
"On the PA ?" was that an argument? i agree 1.3030 is strong, but i dont see reasonable reason to go much higher without a stop below 1.30 first. it's a matter of time to me. they played all week the same game with EURJPY, then we had our correction....
We would have been already above that 3115 if it wasnt for that idiotic Chinese data yesterday. BOJ is sending quite a clear signal and such strong shifts in monetary policy have effect in months, not days. Imo they can be fuelling Treasuries and causing USD weaken whole summer.
"I know one thing, that I know nothing." Sokrates
  • #788,169
  • Apr 16, 2013 6:25am Apr 16, 2013 6:25am
Here's the 1H view with a nice double bounce on the EMA200
Still on the sidelines. Not convinced that the upside has a lot left TBH. But could be good for a scalp. Will need to see if she tops out now and produces a fakey.
Attached Image
A pip is only worth it if you know how much you risked to earn it
  • #788,170
  • Apr 16, 2013 6:26am Apr 16, 2013 6:26am
Quoting mohan76
hourly saying take out 13.6 ps: i don't have any trade
not enough teeth

I am watching cable and gold for weakness, will see what eu prints with usa open
have had very nice day, dont wish to stuff things up,
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  • #788,171
  • Apr 16, 2013 6:26am Apr 16, 2013 6:26am
Quoting attila
Morning... I see the conspirators manipulated the cripple up, huh?
Hah, CB union lurking and guarding at ,303 . Gotta get my tin foil hat.

Wonder when Moodys jump out of bushes and downgrade someone. Lets give em two weeks.
"I know one thing, that I know nothing." Sokrates
  • #788,172
  • Apr 16, 2013 6:26am Apr 16, 2013 6:26am
Quoting wiseambition
thanks, but it could easy get broken (upwards)
sure, to me it's a SL hunting game as i see it. once they touch, it will probably pop up till 1.3140... then they will probably be no follow up.
That's what we have seen over the past week.

come on, they are a bit short of it, second attempt soon
  • #788,173
  • Apr 16, 2013 6:29am Apr 16, 2013 6:29am
Quoting KiwiTrada
not enough teeth I am watching cable and gold for weakness, will see what eu prints with usa open have had very nice day, dont wish to stuff things up, {image}
cable bit anoying i have closed my long my target was 5340 endup closing for 2 pip

edit : looks it's going for my target now
Mohan
  • #788,174
  • Apr 16, 2013 6:30am Apr 16, 2013 6:30am
Quoting divak
sure, to me it's a SL hunting game as i see it. once they touch, it will probably pop up till 1.3140... then they will probably be no follow up. That's what we have seen over the past week. come on, they are a bit short of it, second attempt soon
yep my train of thought To trip the stops at 1.3141 , if i had any margin left i would put a pending sell at this level.
  • #788,175
  • Apr 16, 2013 6:31am Apr 16, 2013 6:31am
The fact h4 has broken a fractal upwards seems bullish to me
  • #788,176
  • Apr 16, 2013 6:32am Apr 16, 2013 6:32am
Quoting divak
sure, to me it's a SL hunting game as i see it. once they touch, it will probably pop up till 1.3140... then they will probably be no follow up. That's what we have seen over the past week. come on, they are a bit short of it, second attempt soon

i'm sure trading after that
  • #788,177
  • Apr 16, 2013 6:33am Apr 16, 2013 6:33am
It wont go back to 1.30, and there arent any bears at 1,3130 . If there are, bulls will remind them they short and wrong.
"You're solid gold, see you in hell"
  • #788,178
  • Apr 16, 2013 6:36am Apr 16, 2013 6:36am
Quoting grand_dra9on
honestly I thought with bad ZEW EU could drop to 1.2997... I was wrong... now looking to reenter for long, preferably below 3050 if possible... maybe draghi can help EU broke past 1.31 later. and let the bull run
Hey Bro. That is why I try not to think about why XYZ news event will do ABC. That was a TOUGH habit for me to break as I was orginally a FA trader.

I forcibly make myself just trade what I see. I was still sleepy eyed and saw the PA break above the 5 SMA with the RSI3 rising. My confirming indos gave a go also so I executed and went back to bed. Nice to wake up to 55+ and a short at a good place.

I try to have one good trade at a time while dancing with Ms Market.
Trade smaller than rational because the market is irrational...
  • #788,179
  • Apr 16, 2013 6:37am Apr 16, 2013 6:37am
JK on FX video and commentary

http://www.jkonfx.com/
Trade smaller than rational because the market is irrational...
  • #788,180
  • Apr 16, 2013 6:37am Apr 16, 2013 6:37am
so if this high is broken are we in a bullish trend? obv will have to wait for draghi before any pos
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