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  • #795,961
  • May 8, 2013 11:10pm May 8, 2013 11:10pm
Well the Bulletin they have today is expected to be negative as Draghi said something "they will take the action if it needs in future". Correct me I am wrong.
  • #795,962
  • May 8, 2013 11:13pm May 8, 2013 11:13pm
Quoting SnaveForex
aussie blasted off
Closed my long on the aud/usd +67. Didn't like what I was seeing.
Time turns trend. - W.D. Gann
  • #795,963
  • May 8, 2013 11:20pm May 8, 2013 11:20pm
Quoting KillerWhale
{quote} Maybe you should follow a good course in trading? This pattern is very bearish and should end at 1.2750 or so! Try babypips,com
Maybe you should start with reducing the amount of indicators and draw lines a little bit more correct. Lets see tomorrow at 00:00 GMT.
  • #795,964
  • May 8, 2013 11:23pm May 8, 2013 11:23pm
The thing that bothered me with the aud/usd is when price came up to the 45 degree angle, (thick white line), then paused there for a while. Then I knew it was time to close. I'm just kicking myself for not entering at the 1.0173 area. But with trading the news, better off safe than sorry.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdd1.gif Size: 137 KB
Time turns trend. - W.D. Gann
  • #795,965
  • May 8, 2013 11:27pm May 8, 2013 11:27pm
Quoting growingeuro
{quote} Maybe you should start with reducing the amount of indicators and draw lines a little bit more correct. Lets see tomorrow at 00:00 GMT.
Guys, major european countries on holiday. I guess, it is more bearish (just today) than bull unless any breaking news.
  • #795,966
  • May 8, 2013 11:34pm May 8, 2013 11:34pm
Quoting KillerWhale
We are still in a bearish rising wedge pattern {image}
This is my trading strat. I tend to stay on lower time frames though for smaller risk. Trick is to wait for right time of day when wedge has closed -small s/l. Its only a scalp of 10pip or can be larger if build up is right, norm RR 1:1 though can be larger depending on wedge. works about 8/10 times if u kno what ur looking at with candles. Last 2 previous days have been good with over 100pip in profit no decent set ups today tho.
As the lights go by so too do the shadows move
  • #795,967
  • May 8, 2013 11:42pm May 8, 2013 11:42pm
Quoting gaurav.132
{quote} hey !! what is this indicator ? If i am not wrong are these multiple MA
yes these multiple MA, i just set shif on MA.
only one is definitely in forex, the price will change. down or up
  • #795,968
  • May 8, 2013 11:43pm May 8, 2013 11:43pm
Quoting Matts Micro
{quote} This is my trading strat. I tend to stay on lower time frames though for smaller risk. Trick is to wait for right time of day when wedge has closed -small s/l. Its only a scalp of 10pip or can be larger if build up is right, norm RR 1:1 though can be larger depending on wedge. works about 8/10 times if u kno what ur looking at with candles. Last 2 previous days have been good with over 100pip in profit no decent set ups today tho.
Example of trade taken yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpym15 eg.png Size: 70 KB
As the lights go by so too do the shadows move
  • #795,969
  • May 9, 2013 1:13am May 9, 2013 1:13am
Quoting SnaveForex
{quote} ah this voodoo man for hyper mathematics
This is pure bullshit, and I call it that on Thursday, 08:13 am GMT+1. Stop praising this shit, it has no value.
  • #795,970
  • May 9, 2013 1:17am May 9, 2013 1:17am
I also think he is a voodoo man and z best trader in z world...
How to opt out annoying user signatures ??
  • #795,971
  • May 9, 2013 1:28am May 9, 2013 1:28am
Quoting Toranaga
I also think he is a voodoo man and z best trader in z world...
Well, then you just earned my commiseration.
  • #795,972
  • May 9, 2013 1:32am May 9, 2013 1:32am
Seems like LONG setup, waiting the price come down to around @1.3150, high volume and reversal candle on 15min. Regards.

Nice volume in zone @1.3155-65 and move up - maybe more stops below @1.3150 to take
  • #795,973
  • May 9, 2013 1:42am May 9, 2013 1:42am
Quoting Mr Hatch
{quote} Well, then you just earned my commiseration.
Glaub nicht alles was du ließt..
he he he, Vatertaag.
How to opt out annoying user signatures ??
  • #795,974
  • May 9, 2013 1:54am May 9, 2013 1:54am
Market staying inside that 3150-80 area from my hourly chart... but, on intraday, more probable it wants to go test lower levels. Bit too much consolidation here, with a probably unfinished retrace structure.

French/Germany bank holiday might keep things quiet throughout the whole day, but who knows. Will be watching price action in regards to these intraday zones and the portrayed scenario:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2013-05-09_trigger_scenario_img1_5min.png Size: 254 KB
Patience, persistence and probabilities.
  • #795,975
  • May 9, 2013 1:58am May 9, 2013 1:58am
Quoting RsX
Market staying inside that 3150-80 area from my hourly chart... but, on intraday, more probable it wants to go test lower levels. Bit too much consolidation here, with a probably unfinished retrace structure. French/Germany bank holiday might keep things quiet throughout the whole day, but who knows. Will be watching price action in regards to these intraday zones and the portrayed scenario: {image}
GM ALL!

Very nice chart! Same as I see it, my bet is : first drop to 1.3130 area after a new daily high!
  • #795,976
  • May 9, 2013 2:02am May 9, 2013 2:02am
Quoting Toranaga
{quote} Glaub nicht alles was du ließt.. he he he, Vatertaag.
3134.1

Zelebrierst du das? Mit Bollerwagen und so?
  • #795,977
  • May 9, 2013 2:02am May 9, 2013 2:02am
Spanish Industrial Output weaker than expected.

Unfortunately this news isn't tracked on ForexFactory


EDIT: Sorry, better than expected. Don't know why EU is falling though
  • #795,978
  • May 9, 2013 2:10am May 9, 2013 2:10am
Quoting Mr Hatch
{quote} 3134.1 Zelebrierst du das? Mit Bollerwagen und so?
he he, nein. Bin wegen dem scheiß Ger30 schon so früh aufgestanden
um den Gap mitzunehmen. Hab gestern kurz vor Schluss noch nen Short gemacht.

Dachte nur dran was heute los sein wird für manche und das ich nach 5 Stunden Schlaf schon
wieder am Rechner sitze und da fand ich es passend..

Ich glaube ich habe heute morgen schon den ersten Koma Kandidaten gesichtet..
How to opt out annoying user signatures ??
  • #795,979
  • May 9, 2013 2:12am May 9, 2013 2:12am
Oooh! Shmikeshter...

Quoting smikester
{quote} Respectfully I would point out we have been at 1.3148 several times. It was the October 2011 low and previously important. Look back. And it's a level which is also the 38.2 fib of the 2011 - 2012 fall. What is interesting is the strong daily close above it. Good trading to you.
Gone to a better place
  • #795,980
  • May 9, 2013 2:14am May 9, 2013 2:14am
Quoting savingpig
Spanish Industrial Output weaker than expected. Unfortunately this news isn't tracked on ForexFactory EDIT: Sorry, better than expected. Don't know why EU is falling though
PA does not care about the news. Big Boys use the news to manipulate traders like you.
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