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  • #808,501
  • Jun 18, 2013 4:12am Jun 18, 2013 4:12am
Quoting Theodore8882
good news but y is euro sliding down??make no sense???or big player selling???anyone???...any reply pls..thks
Prob barrier interest @ 1.3400, sulky bears trying to spoil the party as usual. Hope they get blasted out the water
  • #808,502
  • Jun 18, 2013 4:12am Jun 18, 2013 4:12am
Quoting bennyblanco
I got long @ 330 this morn, bit frustrating to get stopped out at 75 by that spike down. Bit of a bast**d move that, spiking it down to 63 to stop hunt. Entered long again @ 90, lets see if the cap at 1.3400 can be blown off and give the sulky bears another kicking. Love it when this pair goes up, the moaning and whinging is funny
did not you whine about being stopped out by that down-spike?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #808,503
  • Jun 18, 2013 4:14am Jun 18, 2013 4:14am
Because Theodore, you buy *low* and sell high - not the other way around.
That's why it is sliding.
  • #808,504
  • Jun 18, 2013 4:16am Jun 18, 2013 4:16am
Quoting gatorinla
{quote} oh well 3420 #s working well.. maybe we fall hard after, with usdx support help.
having sell order sitting at 3420 and even higher
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #808,505
  • Jun 18, 2013 4:20am Jun 18, 2013 4:20am
going back to sleep. hope to see some pips in my pocket in the morning when i wake up.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #808,506
  • Jun 18, 2013 4:25am Jun 18, 2013 4:25am
Oh boy I had opportunity twice to close my stupid short. Guess I'll have to leave it running for a while...
  • #808,507
  • Jun 18, 2013 4:26am Jun 18, 2013 4:26am
Quoting Pip Anon
{quote} Anything useful to add?
Sure: Hold the longs. Sorry for the sarcasm. This (EUR/USD) here is not going to retrace for a while. I had numbers to watch at 1.344 few days ago, but now I don't have a single idea where it can stop... The only thing I can see is that the heavy buying at 1.333's
  • #808,508
  • Jun 18, 2013 4:27am Jun 18, 2013 4:27am
1.3400 shortly to be toast
  • #808,509
  • Jun 18, 2013 4:31am Jun 18, 2013 4:31am
817x tested again in the dax, let's hope the bulls are serious this time..
Patience is a virtue...
  • #808,510
  • Jun 18, 2013 4:32am Jun 18, 2013 4:32am
i gues on M15 diamond forming
  • #808,511
  • Jun 18, 2013 4:33am Jun 18, 2013 4:33am
Quoting gatorinla
{quote} was trying, hours later and i got a s/o for + 10 after waiting days. i could consider a L at 3333/16.. for 3400+. other then that... on the side w/o a pullback

I could not understand what was wrong here? Why do s 3388?
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #808,512
  • Jun 18, 2013 4:33am Jun 18, 2013 4:33am
Quoting hadox
817x tested again in the dax, let's hope the bulls are serious this time..
Yep, these 1.34 barrier defenders need a kicking.

PA getting a bit erratic, bull/bear battle going on
  • #808,513
  • Jun 18, 2013 4:43am Jun 18, 2013 4:43am
Quoting bennyblanco
{quote} Yep, these 1.34 barrier defenders need a kicking. PA getting a bit erratic, bull/bear battle going on
I don't know about barriers, the euro is a mess atm, no setups for me..

I just trade the dax the same way i trade the euro, I don't use correlation, only pure technical setups..

works when it works..
Patience is a virtue...
  • #808,514
  • Jun 18, 2013 4:47am Jun 18, 2013 4:47am
Quoting hadox
{quote} I don't know about barriers, the euro is a mess atm, no setups for me.. I just trade the dax the same way i trade the euro, I don't use correlation, only pure technical setups.. works when it works..
I'm kept it more simple recently, M15 with bollinger bands and stochastic indicator. H4 chart for perspective, chucked loads of other indicators I was using. It's working better, I've also been keeping of here in the main as it can be distracting.
  • #808,515
  • Jun 18, 2013 4:49am Jun 18, 2013 4:49am
Quoting hadox
{quote} I don't know about barriers, the euro is a mess atm, no setups for me.. I just trade the dax the same way i trade the euro, I don't use correlation, only pure technical setups.. works when it works..
  • #808,516
  • Jun 18, 2013 4:50am Jun 18, 2013 4:50am
I have to admit, stochastics has always worked well for me too - especially when price action seemed choppy and indecisive.
  • #808,517
  • Jun 18, 2013 4:52am Jun 18, 2013 4:52am
Quoting bennyblanco
{quote} I'm kept it more simple recently, M15 with bollinger bands and stochastic indicator. H4 chart for perspective, chucked loads of other indicators I was using. It's working better, I've also been keeping of here in the main as it can be distracting.
heh..

I'm boring , I only use horizontal lines..
Patience is a virtue...
  • #808,518
  • Jun 18, 2013 4:53am Jun 18, 2013 4:53am
Quoting Myo
{quote} pretty big swing I think....bullish engulfing on the weekly off a multi-year rising trendline... edit: and right now we´re at the 50%-retrace of last week´s range - that´s why I mentioned it {image}
good to see others keeping eye on higher timeframes, actually dont like your tl, but if its how you use them no worries

last weeks bullish engulfing has to be kept in context and really need confirmation this week at least, and of course is still plenty of time for bulls to show their power but, your chart is little to little, if zoom in and check the candles there was 2 weeks solid selling then decent doji which didnt confirm and then anothe 2 weeks solid selling all 4 weeks selling candles showed their power each candle, little wick with vrtually no legs good strong bear candles, the bullish engulfing could also be classed as spinning top, odd i accept but it just showing confusion
and as you mentioned 50 fib etc above, note where the 50 fib sits if you start @ of bear drive, May Open, surprise rigth at top of b engulf / spinn top candle last week
for now she just tap1hr 7950 minor psyc is also 23fib of same fib above, so a new high I will with you for some anew weekly low, and will be continue looking for short another 2 or 3 cents at least
If you are new to Forex? Say Goodbye to your account!!
  • #808,519
  • Jun 18, 2013 4:54am Jun 18, 2013 4:54am
WPP @ 10.550
Descending TL @ 10570
resistance level @ 10.578

Likely reaction on one of these will push EU above 1.34

USDOLLAR D1:
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  • #808,520
  • Jun 18, 2013 5:05am Jun 18, 2013 5:05am
Quoting bennyblanco
{quote} I'm kept it more simple recently, M15 with bollinger bands and stochastic indicator. H4 chart for perspective, chucked loads of other indicators I was using. It's working better, I've also been keeping of here in the main as it can be distracting.
Do you not think it is better to work with H1 frame relationed with M15 frame. I think the H4-M15 are very far away each other sometimes.
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