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  • #789,621
  • Apr 18, 2013 8:02am Apr 18, 2013 8:02am
Quoting ForExtraPips
Agreed. And the wick just kissed the DP. {image}
I don't trade with DP, but thanks for the info.

Now either shorts will take control and take this pair deep down below 1,3000...or a consolidation will appear here for a break up.
COT: The precious data ignored
  • #789,622
  • Apr 18, 2013 8:05am Apr 18, 2013 8:05am
Quoting Pipanator
Euro Trader, Quick question if the trend of the news numbers are positive for say the last 6 months with say 1 surprise unexpected number worst than expected could we take that as we should get positive number in relation to the last 3/6/12 months the nearest 3 being the strongest as most relevant compared to the last 12 months figures?
Brother there are 2 EuroTrader on this forum so I will ASSume (me being the ass) that you are asking me.

That question made my head spin

This is a great reason why I dont think and try to interpret the news. I LISTEN to the news and WATCH the PA. This way I let Ms Market decided what the outcome is. I think Jessie Livermore said he would rather catch the middle of a trend then try to call a top or bottom (paraphased)

I have said many time FA paints the bigger LT chart and TA fills it in. I trade on what I see not what I think. I took a LONG time for me to break that nasty habit and I force my self with every trade to practice this policy. It is now 2nd nature.
Trade smaller than rational because the market is irrational...
  • #789,623
  • Apr 18, 2013 8:06am Apr 18, 2013 8:06am
Quoting Pipanator
What's that green candle in the middle of your chart? Seems cool.
It's the daily candle, part of the daily pivot indi.
Attached File(s)
File Type: mq4 vS_PivotsD.mq4   38 KB | 324 downloads
Time turns trend. - W.D. Gann
  • #789,624
  • Apr 18, 2013 8:08am Apr 18, 2013 8:08am
possible formation of H&S on 1 hr chart , I'll be going short if the pair traces back from 1.3160 level
Attached Image (click to enlarge)
Click to Enlarge Name: h&s.gif Size: 59 KB
  • #789,625
  • Apr 18, 2013 8:09am Apr 18, 2013 8:09am
Quoting attila
Hi, this is either a bear flag, or it will fail monumentally..
is coming backto pickup left over or run over , i have killed my long i don't want another be
Mohan
  • #789,626
  • Apr 18, 2013 8:14am Apr 18, 2013 8:14am
Quoting hadox
taking 25% here at 1.529x....
SL+5..
Patience is a virtue...
  • #789,627
  • Apr 18, 2013 8:17am Apr 18, 2013 8:17am
Quoting mohan76
is coming backto pickup left over or run over , i have killed my long i don't want another be
what is happening since morning is nothing but fake breakout. will be hammered either tomorrow or monday.
  • #789,628
  • Apr 18, 2013 8:18am Apr 18, 2013 8:18am
Quoting mohan76
is coming backto pickup left over or run over , i have killed my long i don't want another be
if it stays above here NY might take it up.. but who knows that those dirt bags have in mind... still holding my long at be.
  • #789,629
  • Apr 18, 2013 8:20am Apr 18, 2013 8:20am
Quoting forex4india1
what is happening since morning is nothing but fake breakout. will be hammered either tomorrow or monday.
u can see it as a fake break out but what i see is multiple attempts to go past 3040 and being unsucessful ... maYbe fmi will make things clear either we say hello to 3273 or 2013 low again
  • #789,630
  • Apr 18, 2013 8:20am Apr 18, 2013 8:20am
Long 1.3055 SL 1.3045
  • #789,631
  • Apr 18, 2013 8:21am Apr 18, 2013 8:21am
Quoting EuroTrader
Long 1.3055 SL 1.3045
tight mate.. mkt is swinging wide..

Sonic
  • #789,632
  • Apr 18, 2013 8:22am Apr 18, 2013 8:22am
Quoting attila
if it stays above here NY might take it up.. but who knows that those dirt bags have in mind... still holding my long at be.
Careful my friend I see more down first then up
  • #789,633
  • Apr 18, 2013 8:24am Apr 18, 2013 8:24am
Quoting Bocephus
Careful my friend I see more down first then up
I know... I'll take 10 pips if it drops.
  • #789,634
  • Apr 18, 2013 8:25am Apr 18, 2013 8:25am
so boring to watch Eurusd




forextechnicals.wordpress.com
  • #789,635
  • Apr 18, 2013 8:25am Apr 18, 2013 8:25am
Quoting sonicdeejay
tight mate.. mkt is swinging wide.. Sonic

hope not
  • #789,636
  • Apr 18, 2013 8:27am Apr 18, 2013 8:27am
Quoting attila
if it stays above here NY might take it up.. but who knows that those dirt bags have in mind... still holding my long at be.
With a triple rejection off the 1,307x...it won't be easy for bulls.
COT: The precious data ignored
  • #789,637
  • Apr 18, 2013 8:31am Apr 18, 2013 8:31am
Quoting kuroro001
With a triple rejection off the 1,307x...it won't be easy for bulls.

I agree.
  • #789,638
  • Apr 18, 2013 8:35am Apr 18, 2013 8:35am
Quoting kuroro001
With a triple rejection off the 1,307x...it won't be easy for bulls.
argh... I went long at 3064 and triple rejection of 307x... how convenient it is...
back... and more dangerous.
  • #789,639
  • Apr 18, 2013 8:37am Apr 18, 2013 8:37am
Guys after so many rejection at 1.307x area you still think it will bullish at 1.31xx area today ?
  • #789,640
  • Apr 18, 2013 8:37am Apr 18, 2013 8:37am
Quoting kbp
argh... I went long at 3064 and triple rejection of 307x... how convenient it is...
Still holding??
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