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  • #797,181
  • May 13, 2013 8:14am May 13, 2013 8:14am
Quoting kbmoonshinex
{quote} me too i have shorts from 1 min zone. 2990. tp 2955
Scalping positions. I am agree that price will go down but for me safe TP is 2970
Love for all; Hatred for none.
  • #797,182
  • May 13, 2013 8:14am May 13, 2013 8:14am
It seems it's all about GBP today. Things should get more clear in 15 min.
  • #797,183
  • May 13, 2013 8:15am May 13, 2013 8:15am
Quoting kuroro001
{quote} Okay thanks for the answer. We have different levels then And from what i can see, it has been struggling more at 1,299x than 1,295x, just a perception
Thanks for sharing your levels. I guess we just have different ways to define them. People like the 2 of them who can't get the gist of it or wants to be sarcastic.... i'll let them be.... they will be ignored.
  • #797,184
  • May 13, 2013 8:16am May 13, 2013 8:16am
I am ready for the next leg down:

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  • #797,185
  • May 13, 2013 8:16am May 13, 2013 8:16am
Bears lurking on the top.

If a breakout occurs, more bears will come to the rescue
COT: The precious data ignored
  • #797,186
  • May 13, 2013 8:19am May 13, 2013 8:19am
Quoting gatorinla
{quote} on a h chart the target is 3038..15 m 3048...a pullback before entry is usually best. (2967 down to low is best r/r)...what indies or news says does no matter.. price reacts to price. if they agree, better yet.
how do you target 3038/3048?
  • #797,187
  • May 13, 2013 8:23am May 13, 2013 8:23am
I see a lot of comments about Bull runs but there isnt much to be bullish about EUR. Besides that this is just one large bear flag IMO. Bears took over from Bull bounce but we are still in a bear trend from the 1.3700 area.
  • #797,188
  • May 13, 2013 8:24am May 13, 2013 8:24am
Quoting nathaniel
{quote} how do you target 3038/3048?
He is talking about m15..open a chart with m15 tf and try to see what he sees.
Look for S/R there.
COT: The precious data ignored
  • #797,189
  • May 13, 2013 8:25am May 13, 2013 8:25am
Quoting Petiedawgs
I see a lot of comments about Bull runs but there isnt much to be bullish about EUR.
May be bearish about USD? And eh, we actually can be bullish for EUR now, as ECB has kicked the can firmly down the road.
"I know one thing, that I know nothing." Sokrates
  • #797,190
  • May 13, 2013 8:26am May 13, 2013 8:26am
Quoting Petiedawgs
I see a lot of comments about Bull runs but there isnt much to be bullish about EUR. Besides that this is just one large bear flag IMO. Bears took over from Bull bounce but we are still in a bear trend from the 1.3700 area.
Well, if you're bullish this is a much better level to go long than 2750 where things might get difficult for bulls. Besides, FT comments major HF managers are turning bullish on the yuro.
  • #797,191
  • May 13, 2013 8:27am May 13, 2013 8:27am
I love scalping. Account keep growing. +ve pips in two short positions after three +ve long position.
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Love for all; Hatred for none.
  • #797,192
  • May 13, 2013 8:29am May 13, 2013 8:29am
Quote
May be bearish about USD? And eh, we actually can be bullish for EUR now, as ECB has kicked the can firmly down the road.

Quoting attila
{quote} Well, if you're bullish this is a much better level to go long than 2750 where things might get difficult for bulls. Besides, FT comments major HF managers are turning bullish on the yuro.
True didnt think that way. Im still going with my thoughts, but you defintiely gave me things to think about. Thanks for the replies.
  • #797,193
  • May 13, 2013 8:30am May 13, 2013 8:30am
Quoting kuroro001
{quote} He is talking about m15..open a chart with m15 tf and try to see what he sees. Look for S/R there.
Right... ok.

I drew my s&r based on asian high and low, and we're still trading within the box.

London Close NOW.
  • #797,194
  • May 13, 2013 8:31am May 13, 2013 8:31am
Quoting attila
Well, if you're bullish this is a much better level to go long than 2750 where things might get difficult for bulls.
Would prefere 1,291. ,275 is ugly, could happen 2010 type low break to ,265.
"I know one thing, that I know nothing." Sokrates
  • #797,195
  • May 13, 2013 8:31am May 13, 2013 8:31am
Quoting Petiedawgs
{quote} {quote} True didnt think that way. Im still going with my thoughts, but you defintiely gave me things to think about. Thanks for the replies.

If it gets there, 2750 bears will really want that H&S run. Remember, there's no H&S until the neck line is broken, and that's at 2750.
  • #797,196
  • May 13, 2013 8:33am May 13, 2013 8:33am
Goodnight all,nice working with everyone. See you all tomorrow.
Luck has no place in trading. Leave that for the poker table.
  • #797,197
  • May 13, 2013 8:33am May 13, 2013 8:33am
And according to FED, H&S traders are noise traders .

http://www.newyorkfed.org/research/s...ports/sr42.pdf
"I know one thing, that I know nothing." Sokrates
  • #797,198
  • May 13, 2013 8:34am May 13, 2013 8:34am
Quoting Tom_D_Trader
{quote} Would prefere 1,291. ,275 is ugly, could happen 2010 type low break to ,265.
New monthly low would get ugly, even worst with new yearly low.

Daily is very tricky...i guess we have to wait until it turns back up, once it turns up, there may be 800-1000 pips to get.

Meanwhile let's play with this intraday mess
COT: The precious data ignored
  • #797,199
  • May 13, 2013 8:35am May 13, 2013 8:35am
usdx daily, if you're into that kind of thing..

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  • #797,200
  • May 13, 2013 8:35am May 13, 2013 8:35am
Quoting attila
{quote} Well, if you're bullish this is a much better level to go long than 2750 where things might get difficult for bulls. Besides, FT comments major HF managers are turning bullish on the yuro.
Yes that was a interesting article. I wonder what they are thinking. I don't know their case.
After reading it again. It seems they have some valid points and did their homework. I think they are calling the bottom of the recession now (in mid-long term).
"You're solid gold, see you in hell"
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