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  • #793,041
  • Apr 30, 2013 11:01am Apr 30, 2013 11:01am
Well I have enough data from the banks to know when something is going on. I just haft to use my head and look at all the info and come up with what is going on. Why this move happened I do not know but I do know it's a good point to add to my shorts. Why it's good to always keep in mind what the big picture is and never let the noise remove the picture!
Quoting Tom_D_Trader
{quote} Y, but if you pay like 100K Eur per year, you can sign yourself as broker and have a look. Your system looks very interesting. I know some banks show their order books, but usually after NY close. Incredibly hard to get live datafeed of position sizes. Good luck with that.
  • #793,042
  • Apr 30, 2013 11:01am Apr 30, 2013 11:01am
who the hell is buying again!?!
Don't give up
  • #793,043
  • Apr 30, 2013 11:02am Apr 30, 2013 11:02am
can anyone please tell me where will be the support for Eu if ECB cuts rate ?
  • #793,044
  • Apr 30, 2013 11:03am Apr 30, 2013 11:03am
New 4H candle ... direction down or up?

Short from 1.3180
  • #793,045
  • Apr 30, 2013 11:03am Apr 30, 2013 11:03am
Quoting geomink
who the hell is buying again!?!
Cypriot Parliament Approves Bailout
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #793,046
  • Apr 30, 2013 11:04am Apr 30, 2013 11:04am
Quoting geomink
who the hell is buying again!?!
LOL HAHA xD :-p
I had these reactions so many times, still have
"You're solid gold, see you in hell"
  • #793,047
  • Apr 30, 2013 11:07am Apr 30, 2013 11:07am
Quoting geomink
who the hell is buying again!?!

Most of the time when new 1H or 4H candle forming is a little fight for the direction
  • #793,048
  • Apr 30, 2013 11:08am Apr 30, 2013 11:08am
Quoting Robby
;6647941 Why this move happened I do not know but I do know it's a good point to add to my shorts.

thats why

https://www.dukascopy.com/tv/en#100670
fokyou forexfactory
  • #793,049
  • Apr 30, 2013 11:09am Apr 30, 2013 11:09am
Maybe... just maybe a Cyprus bailout will encourage the ECB to cut the rates so, that Cyprus can pay back their loans at a cheaper interest rate. lol ah... I don't know what I am talking about.
Luck has no place in trading. Leave that for the poker table.
  • #793,050
  • Apr 30, 2013 11:12am Apr 30, 2013 11:12am
no seller pressure until now, small buy at 1.3170 target 1.3190
  • #793,051
  • Apr 30, 2013 11:13am Apr 30, 2013 11:13am
Quoting Robby
That is true but I am not successful at scalping the markets. I am good a position or swing trading. People who can scalp should be loving this move.{quote}
you like to swing, I like to follow you , if you don't mind . please let me know when it is about make warp jump. thanks
deep RoT is essential for everlasting happyness
  • #793,052
  • Apr 30, 2013 11:19am Apr 30, 2013 11:19am
here we go? or a trap?
Don't give up
  • #793,053
  • Apr 30, 2013 11:27am Apr 30, 2013 11:27am
Interesting situation. Is it bullish? is it Ranged? Is it the last push of longer term retracement?

Place your bets gentlemen!
  • #793,054
  • Apr 30, 2013 11:27am Apr 30, 2013 11:27am
Quoting geomink
here we go? or a trap?
Could be a trap, gators 97 still open
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #793,055
  • Apr 30, 2013 11:30am Apr 30, 2013 11:30am
I see down on the 4H
Attached Image (click to enlarge)
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  • #793,056
  • Apr 30, 2013 11:34am Apr 30, 2013 11:34am
Quoting geomink
here we go? or a trap?
Not going anywhere really.. Just the usual consolidation after eu market close.
  • #793,057
  • Apr 30, 2013 11:34am Apr 30, 2013 11:34am
lets say FED is more likely to expand money supply, while ECB is "Expected" or at least talked about that they will restrict it (through a cut). With oil prices probably going down.. Prolly more demand for dollars than euro's, relatively.

In any case, this would be a nice situation to place a bet like 50 tp 50 sl , with 1.5pip spread. And know that you will be right >51.5% time. And thus be a profitable trader.

This is a gambling business, where you can be the house.
  • #793,058
  • Apr 30, 2013 11:38am Apr 30, 2013 11:38am
can anyone please tell me where will be the support level for EU if ECB cuts rate ?
  • #793,059
  • Apr 30, 2013 11:41am Apr 30, 2013 11:41am
Quoting EuroTrader
I see down on the 4H {image}
1,3060
Look like a girl, act like a lady, think like a man and work like a dog.
  • #793,060
  • Apr 30, 2013 11:45am Apr 30, 2013 11:45am
1.3 area @ gaur.

It's probably lower, but you'll see the 1.3 defended pretty heavily by the bulls, so that's my first target. Second target is 1.28 area for H&S completion
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