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EURUSD

  • #814,941
  • Jul 12, 2013 7:01am Jul 12, 2013 7:01am
Deja-vu from yesterday.
  • #814,942
  • Jul 12, 2013 7:01am Jul 12, 2013 7:01am
Quoting ffleo
{quote} you do not look at patterns you just have fixed perception in your mind
or I can spot a 700+ pip downtrend over the last 6 months?
  • #814,943
  • Jul 12, 2013 7:03am Jul 12, 2013 7:03am
Quoting Pharm0r
{quote} or I can spot a 700+ pip downtrend over the last 6 months?

never mind.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #814,944
  • Jul 12, 2013 7:04am Jul 12, 2013 7:04am
Quoting Pharm0r
{quote} or I can spot a 700+ pip downtrend over the last 6 months?
Ignoring monthly demand? What is a downtrend on one time frame, is an uptrend else where. Not saying it will/won't bounce here... but it's the nature of price to revisit missed areas of price imbalance before continuing on.
  • #814,945
  • Jul 12, 2013 7:04am Jul 12, 2013 7:04am
Not much of a move based on less than expected numbers... as if that even means anything :nerd:
  • #814,946
  • Jul 12, 2013 7:06am Jul 12, 2013 7:06am
Quoting PROstrength
Not much of a move based on less than expected numbers... as if that even means anything :nerd:
  • #814,947
  • Jul 12, 2013 7:08am Jul 12, 2013 7:08am
where go??
  • #814,948
  • Jul 12, 2013 7:11am Jul 12, 2013 7:11am
Quoting Venice
{quote} Ignoring monthly demand? What is a downtrend on one time frame, is an uptrend else where. Not saying it will/won't bounce here... but it's the nature of price to revisit missed areas of price imbalance before continuing on.
Normally, on the Euro I would agree. Not so with the Aussie. Trading L on the Aussie in these times is a mistake. That's just my opinion though, everyone has their ways. I'll be happy to meet your L with a S and we'll let what happens happen. I should warn you though, the odds are in my favor.
  • #814,949
  • Jul 12, 2013 7:13am Jul 12, 2013 7:13am
not sure yet which way sp500 will go today
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #814,950
  • Jul 12, 2013 7:14am Jul 12, 2013 7:14am
For the record: I'm not trying to start an argument or sound like an asshole. Just stating my (conflicting) opinion. Good luck either way! We can and all should win.
  • #814,951
  • Jul 12, 2013 7:15am Jul 12, 2013 7:15am
Quoting Pharm0r
{quote} Normally, on the Euro I would agree. Not so with the Aussie. Trading L on the Aussie in these times is a mistake. That's just my opinion though, everyone has their ways. I'll be happy to meet your L with a S and we'll let what happens happen. I should warn you though, the odds are in my favor.

it is for a long scalp, not for holding it over the weekend.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #814,952
  • Jul 12, 2013 7:17am Jul 12, 2013 7:17am
Quoting Pharm0r
{quote} Normally, on the Euro I would agree. Not so with the Aussie. Trading L on the Aussie in these times is a mistake. That's just my opinion though, everyone has their ways. I'll be happy to meet your L with a S and we'll let what happens happen. I should warn you though, the odds are in my favor.
also do you plan to take a short at this level at the bottom?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #814,953
  • Jul 12, 2013 7:18am Jul 12, 2013 7:18am
Quoting Pharm0r
{quote} Normally, on the Euro I would agree. Not so with the Aussie. Trading L on the Aussie in these times is a mistake. That's just my opinion though, everyone has their ways. I'll be happy to meet your L with a S and we'll let what happens happen. I should warn you though, the odds are in my favor.

Only time will tell.
Targeting 80c, they will be happy with 85 im sure, don't get caught out being greedy
Even the worst trade can close with profit. Just give it time.
  • #814,954
  • Jul 12, 2013 7:18am Jul 12, 2013 7:18am
What do people think about the 1hr bullish pin bar hitting a support area?
  • #814,955
  • Jul 12, 2013 7:19am Jul 12, 2013 7:19am
This bi*ch won't let me trade.
3040 is the key resistance
You cannot learn better without losing
  • #814,956
  • Jul 12, 2013 7:19am Jul 12, 2013 7:19am
Quoting Pharm0r
{quote} Normally, on the Euro I would agree. Not so with the Aussie. Trading L on the Aussie in these times is a mistake. That's just my opinion though, everyone has their ways. I'll be happy to meet your L with a S and we'll let what happens happen. I should warn you though, the odds are in my favor.
Meh... I've been long and short on the Aussie multiple times this week alone. It's not a problem.
  • #814,957
  • Jul 12, 2013 7:20am Jul 12, 2013 7:20am
Quoting Venice
{quote} Meh... I've been long and short on the Aussie multiple times this week alone. It's not a problem.
Nice!

So many obvious chances to long retracements, although it's risky it's pretty straight forward.
Even the worst trade can close with profit. Just give it time.
  • #814,958
  • Jul 12, 2013 7:22am Jul 12, 2013 7:22am
thin market....
  • #814,959
  • Jul 12, 2013 7:22am Jul 12, 2013 7:22am
Quoting ffleo
{quote} also do you plan to take a short at this level at the bottom?
Now that is a tricky question. Honestly, I don't know. I cleared both my targets this morning on the Aussie (right at the bottom), so I have no further plan. Even so, at this point even going into next week I'll have to confirm more direction before I take another short. I DO know that I wont be going long on this pair until it establishes an up trend on the daily. I know that's possibly over conservative, but thats my trading style.

Also, for your long scalp, although I disagree on the fundamental aspect of taking a Long here, I do understand your technical outlook and agree.

Hope all that made sense.
  • #814,960
  • Jul 12, 2013 7:23am Jul 12, 2013 7:23am
Quoting John Gray
{quote} Nice! So many obvious chances to long retracements, although it's risky it's pretty straight forward.
Nothing is risky as long as it's part of the overall calculation of risk
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