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  • #822,721
  • Aug 8, 2013 1:03am Aug 8, 2013 1:03am
I read a lot of forum posts and it surprises me how many traders are so focused on the economic reports and the numbers, then trade off of technical analysis. Unless you are a long-term investor and plan to be in a position for several months or even years, fundamentals are irrelevant, they are nothing more than a catalyst for price to speed up what was going to happen anyway. Technicals are the only way to make a consistent, low risk living from the market year after year.
  • #822,722
  • Aug 8, 2013 1:14am Aug 8, 2013 1:14am
Quoting Matt5508
I read a lot of forum posts and it surprises me how many traders are so focused on the economic reports and the numbers, then trade off of technical analysis. Unless you are a long-term investor and plan to be in a position for several months or even years, fundamentals are irrelevant, they are nothing more than a catalyst for price to speed up what was going to happen anyway. Technicals are the only way to make a consistent, low risk living from the market year after year.
What's going to happen?
The Thief of Wall Street
  • #822,723
  • Aug 8, 2013 1:19am Aug 8, 2013 1:19am
Good morning and Eid Mubarak to everyone.

I hope it brings peace,happiness to all humankind.
No pain no gain
  • #822,724
  • Aug 8, 2013 1:34am Aug 8, 2013 1:34am
Quoting prashant7
{quote} I mean - your looking for bearish setups rather than L ? 3252 was hit few mins back i see
Remove your vouch from my profile man.. I dont care about your vouch and dont need it from you.
  • #822,725
  • Aug 8, 2013 1:42am Aug 8, 2013 1:42am
Quoting aweer
Good morning and Eid Mubarak to everyone. I hope it brings peace,happiness to all humankind.
What's Eid Mubarak?
The Thief of Wall Street
  • #822,726
  • Aug 8, 2013 1:49am Aug 8, 2013 1:49am
Quoting Chicky
{quote} What's Eid Mubarak?

End of Ramadan, first day of the fest... Happy Ramadan...
  • #822,727
  • Aug 8, 2013 1:52am Aug 8, 2013 1:52am
Trying a short here at 1.3341. Hoping the phone doesn't die.

Stop at 1.3355
Tp at 1.331
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #822,728
  • Aug 8, 2013 1:52am Aug 8, 2013 1:52am
Eid is the religious festival Muslims are celebrating after a month of fasting. Mubarak means blessed.

I believe such days are important to understand each other , spread positive mood and bring peace to world.
No pain no gain
  • #822,729
  • Aug 8, 2013 1:54am Aug 8, 2013 1:54am
Quoting math_GB
{quote} End of Ramadan, first day of the fest... Happy Ramadan...
Masha Allah, you know this very well. I was expecting "Bayramınız mübarek olsun" as he is from Turkey. He is 12 hours late any way (mentioned Good Morning). Muslim daily calendar changes on sunset and not on sunrise.

Back to business, I think it should go a little up to 1.3880 area before a huge drop of 15 to 17 1/2 pips.
The Thief of Wall Street
  • #822,730
  • Aug 8, 2013 1:55am Aug 8, 2013 1:55am
Quoting Chicky
{quote} What's Eid Mubarak?
They closed embassies in Yemen and Middle East in anticipation to the Eid festival.
  • #822,731
  • Aug 8, 2013 1:55am Aug 8, 2013 1:55am
Quoting aweer
Eid is the religious festival Muslims are celebrating after a month of fasting. Mubarak means blessed. I believe such days are important to understand each other , spread positive mood and bring peace to world.

Happy Eid days to you and your loved ones bro...
  • #822,732
  • Aug 8, 2013 1:56am Aug 8, 2013 1:56am
Quoting Chicky
{quote} What's Eid Mubarak?

Hi Chicky
Attached Image
  • #822,733
  • Aug 8, 2013 1:58am Aug 8, 2013 1:58am
Today's MT4 Templates.

EURO
CABLE
AU
EJ
S&P
GOLD

http://www.forexfactory.com/showthre...85#post6877985
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #822,734
  • Aug 8, 2013 1:59am Aug 8, 2013 1:59am
I think USD/CHF is at a place where it cannot go down from here. it can but not much. I think this euro rally will be done by 1.34
  • #822,735
  • Aug 8, 2013 2:00am Aug 8, 2013 2:00am
Quoting Purple
{quote} They closed embassies in Yemen and Middle East in anticipation to the Eid festival.
Unfortunately, Muslims are the most lazy people in the world. Some of the countries have 12 day public holiday during Eid. That's the reason embassies are closed. I am a Muslim by the way.
No pain no gain
  • #822,736
  • Aug 8, 2013 2:01am Aug 8, 2013 2:01am
Quoting math_GB
{quote} Happy Eid days to you and your loved ones bro...
Thanks bro .
No pain no gain
  • #822,737
  • Aug 8, 2013 2:01am Aug 8, 2013 2:01am
Just update through gu in short term moves . others remain also same . gbp remains crazy still .
fontu
http://www.forexfactory.com/showthre...02#post6878102

http://www.forexfactory.com/showthre...76#post6876776

FF popups now crazy too ,trouble maker for sure
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #822,738
  • Aug 8, 2013 2:04am Aug 8, 2013 2:04am
Quoting hadox
{quote} dont know about tricks.. the bulls did protect 1.326x, it just opens the door to 1.336x / 1.338x , nothing is sure though.. but again lets see if the bulls have some power today, awfull choppy range last couple of days..
who said lines & RR doesn't work?

anyway gl trading
Attached Image
Patience is a virtue...
  • #822,739
  • Aug 8, 2013 2:06am Aug 8, 2013 2:06am
Quoting USD-Bear
chancing a short at 1.3340 risking 20
stopped
Don't be a hero. Don't have an ego. Always question yourself
  • #822,740
  • Aug 8, 2013 2:06am Aug 8, 2013 2:06am
Quoting aweer
{quote} Unfortunately, Muslims are the most lazy people in the world. Some of the countries have 12 day public holiday during Eid. That's the reason embassies are closed. I am a Muslim by the way.
You will them them by their love. Those who love are all people of the Book. Peace to all men of good will.

By the way, do you think it possible that risk is on?
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