Attachments: EURUSD

EURUSD

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#793,461
May 1, 2013 10:11am May 1, 2013 10:11am

egymedo
| Joined Dec 2009 | Status: Trader | 205 Posts

Quoting gatorinla

Disliked

{quote} if your trading off the weekly, can you afford a 200+ s/l using candles? i would have waited for 152.24/25.. it went to 152.22, so i probably would have missed the trade. since its just 100 pips away and it wasn't touched i would wait. if it goes above the 152.22 high now, it may want to retest the 153.76 high... what i do like is at 153.71 a s may be there with a very tiny stop. on the weekly u do have a i hammer as the highest candle. but no closes below it. on the day its a double top,,, with a engulfing bear next to the high candle.....

Ignored

thanks so much

#793,462
May 1, 2013 10:11am May 1, 2013 10:11am

forexings
| Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts

Now see what may happen tomorrow:

Rate cut: No bearish reaction at all. If spike down then reversal.
Reason: Market already expressed on rumor during consolidation. ECB used consolidation mood as a rate cut news reaction.

No rate cut: Obviously unexpected. So bull may spike up and move smoothly.

Ultimately bull is the winner.

You cannot learn better without losing

#793,463
May 1, 2013 10:20am May 1, 2013 10:20am

Schickeria
Joined Mar 2012 | Status: Trader | 10,087 Posts

Quoting Cornelis

Disliked

What do you guys think of a long term trade on the long adding from 1.3065, 1.3099 and 1.3133 ?

Ignored

look @ this post

http://www.forexfactory.com/showthre...68#post6648668

before and after

last chance to place sell orders now @ 1.3223

it should go now from 1.3177 --> 1.3223

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#793,464
May 1, 2013 10:23am May 1, 2013 10:23am

SugarPink
| Membership Revoked | Joined Feb 2013 | 1,307 Posts

Quoting forexings

Disliked

Now see what may happen tomorrow: Rate cut: No bearish reaction at all. If spike down then reversal. Reason: Market already expressed on rumor during consolidation. ECB used consolidation mood as a rate cut news reaction. No rate cut: Obviously unexpected. So bull may spike up and move smoothly. Ultimately bull is the winner.

Ignored

Yes its more or less like this. We are going to blow off the top and squeeze more shorts. end of story

"You're solid gold, see you in hell"

#793,465
May 1, 2013 10:32am May 1, 2013 10:32am

big_pipin
| Joined Apr 2008 | Status: Trader | 1,231 Posts

Quoting arashmidos

Disliked

{quote} Not yet exactly i just monitor chart and wait to price action but i think this is important zone. maybe FED and ECB move ERUUSD downward !

Ignored

What's your view on u/j for this week?

#793,466
May 1, 2013 10:35am May 1, 2013 10:35am

TraderPablo
| Joined Oct 2011 | Status: Trader | 1,416 Posts

Quoting arashmidos

Disliked

EURUSD hit 50% retracement daily time frame {image}

Ignored

good observation.....

#793,467
May 1, 2013 10:37am May 1, 2013 10:37am

Cornelis
| Joined Jan 2013 | Status: Trader | 291 Posts

Quoting Schickeria

Disliked

{quote} look @ this post http://www.forexfactory.com/showthre...68#post6648668 before and after last chance to place sell orders now @ 1.3223 it should go now from 1.3177 --> 1.3223 {image} {image}

Ignored

Oky thanx I see, reely should do some study work on the elliot waves, its crutial for trading

#793,468
May 1, 2013 10:43am May 1, 2013 10:43am

Pipanator
| Joined Jun 2011 | Status: Keep It Simply Stupid | 356 Posts

if you dont know basic elliott wave imo you should not be trading only a matter of time before you blow up your accounts.

Find your Favourite Pattern

#793,469
May 1, 2013 10:49am May 1, 2013 10:49am

Cornelis
| Joined Jan 2013 | Status: Trader | 291 Posts

Quoting Pipanator

Disliked

if you dont know basic elliott wave imo you should not be trading only a matter of time before you blow up your accounts.

Ignored

Ive got basics on the elliot waves using a bit of harmonics and Im not doing bad, Im making my days pay. Adding more knowledge as we go. The whole reason Im on a forum like this to read learn and past my charts so they can be scrutenised for better and worse.

#793,470
May 1, 2013 10:55am May 1, 2013 10:55am

Petiedawgs
| Joined Dec 2011 | Status: Trader | 294 Posts

Quoting Pipanator

Disliked

if you dont know basic elliott wave imo you should not be trading only a matter of time before you blow up your accounts.

Ignored

Pretty sure of yourself huh! Know that there is no one way to trade any instrument. Its whatever works for the individual.

#793,471
May 1, 2013 10:57am May 1, 2013 10:57am

SugarPink
| Membership Revoked | Joined Feb 2013 | 1,307 Posts

im on a gamble play
LONG 1.32 SL ~15 pips below

"You're solid gold, see you in hell"

#793,472
Edited 11:29am May 1, 2013 11:01am | Edited 11:29am

suthmo
| Commercial User | Joined Feb 2010 | 8,031 Posts

buy 3124/3114 sell 3227

Founder of Sutherland Wave Principle

#793,473
May 1, 2013 11:03am May 1, 2013 11:03am

Purec
| Joined Feb 2013 | Status: Winning ! | 352 Posts

Fakes ...

Make choices and don't look back !

#793,474
May 1, 2013 11:03am May 1, 2013 11:03am

attila
| Membership Revoked | Joined Mar 2009 | 16,693 Posts

Quoting Pipanator

Disliked

if you dont know basic elliott wave imo you should not be trading only a matter of time before you blow up your accounts.

Ignored

really...