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  • #840,261
  • Oct 3, 2013 7:49am Oct 3, 2013 7:49am
Quoting KiwiTrada
Im thinking in 2hrs will be green, govt is redundant, hey dont produces anything "ever" just a bs factory, so to really screw over market who is pretty confident us data will be crap might be in for a shock, same for unemployment in 20 mins, they dont emlpoy anyone but themselves, all govt contracts are medium to long term contracts, again nothing should actually change if not the economy could / should do a lot better with govt, public servant spending may be down, but this could be off set by all them being physically to be in positions to spend,...
"always expect the unexpected"
typical, green US data and dollar takes a hit, "players are playing" take out the weak entries then roll, personally Im thinking that is pure BS but should have been expected
If you are new to Forex? Say Goodbye to your account!!
  • #840,262
  • Oct 3, 2013 7:50am Oct 3, 2013 7:50am
expected a bit more firework from unemployment claims
  • #840,263
  • Oct 3, 2013 7:53am Oct 3, 2013 7:53am
Quoting sugarbelly
expected a bit more firework from unemployment claims
It was basically as expected... Why would you expect fireworks?
@pawpaw1000 on Twitter
  • #840,264
  • Oct 3, 2013 7:54am Oct 3, 2013 7:54am
GU 1-hr

wave 4 of any degree and expecting b/o to upside

final push!

1.6450/1.6550
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 32 KB
  • #840,265
  • Oct 3, 2013 7:55am Oct 3, 2013 7:55am
Quoting sugarbelly
expected a bit more firework from unemployment claims

Markets are thin and need to wait another US news to clearly hit any direction.

What's for real is that market is biased upside but market makers are selling against cheap tries to push through higher.

It will eventually go higher but need more big traders to take that side. Consolidation is done so it will move later.
They think they are smarter than I am.
  • #840,266
  • Oct 3, 2013 7:55am Oct 3, 2013 7:55am
Maybe because I expected even better numbers. Certainly price up on EU is strange to say the least.
  • #840,267
  • Edited 7:57am Oct 3, 2013 7:56am | Edited 7:57am
Quoting Z3iz3i
{quote} Markets are thin and need to wait another US news to clearly hit any direction. What's for real is that market is biased upside but market makers are selling against cheap tries to push through higher. It will eventually go higher but need more big traders to take that side. Consolidation is done so it will move later.

Apparently, I agree
  • #840,268
  • Oct 3, 2013 8:02am Oct 3, 2013 8:02am
Bought quite some UJs on spike down. Anyway, data aint that much green Kiwi. Its 1K more claims. + you may have seen they have revised latest number from +305 to +307, which is yet again bad data.
"I know one thing, that I know nothing." Sokrates
  • #840,269
  • Oct 3, 2013 8:03am Oct 3, 2013 8:03am
Quoting sugarbelly
Maybe because I expected even better numbers. Certainly price up on EU is strange to say the least.
Maybe its govt data, big boys will probably suspicious of it. ISM on the other hand are non govt, so will be credible.
Don't blame the tools. Blame the carpenter.
  • #840,270
  • Oct 3, 2013 8:05am Oct 3, 2013 8:05am
Quoting Z3iz3i
{quote} Markets are thin and need to wait another US news to clearly hit any direction. What's for real is that market is biased upside but market makers are selling against cheap tries to push through higher. It will eventually go higher but need more big traders to take that side. Consolidation is done so it will move later.
if market is biased north, then we going south
If you are new to Forex? Say Goodbye to your account!!
  • #840,271
  • Oct 3, 2013 8:10am Oct 3, 2013 8:10am
Quoting pawpaw1000
{quote} hourly close crucial here... 1st TP still yesterdays lows and todays S1 at 6173

WOOHOO!!! That was a great rife for 55 pips...

RR of 5.5 :-D
@pawpaw1000 on Twitter
  • #840,272
  • Oct 3, 2013 8:16am Oct 3, 2013 8:16am
Quoting KiwiTrada
{quote} if market is biased north, then we going south
Can suppose so but while dollar index being in tight range, unexpected sharp turnarounds are possible in eurusd.
They think they are smarter than I am.
  • #840,273
  • Oct 3, 2013 8:20am Oct 3, 2013 8:20am
Quoting KiwiTrada
{quote} I am shit explaining shit ,rr is long, it is in BO mode, and I like BO,s but I like BO to be retested more , so I have started scalping for the back test, purely in respect of the 9 year bear train, that got her here, (including 08 crash) Right now its a 200ish pip BO considering the size length and compression of the range, it could easily drive another 2 or 300 pips, before retesting the actual BO, hence the cautious scalp selling Patient traders would wait for the retest, better entry , better r/r etc etc, but I am crazy and everything...
I am glad I am fuk crazy my wee scalp sells turning into very nice wee nuggets bed time smiling already bb nfp
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If you are new to Forex? Say Goodbye to your account!!
  • #840,274
  • Oct 3, 2013 8:21am Oct 3, 2013 8:21am
Any idea why EU is not yet going down?
  • #840,275
  • Oct 3, 2013 8:22am Oct 3, 2013 8:22am
If we break below Yesterdays low on $GBPUSD, we could have the top in place for a LOOOOONG ride down.

I think NY are capable of taking us back to 6200 or perhaps 6210 before dropping further? Or they will spike us down and then try and close closer to DP?
@pawpaw1000 on Twitter
  • #840,276
  • Oct 3, 2013 8:23am Oct 3, 2013 8:23am
Quoting ravenbg
Any idea why EU is not yet going down?
I believe chf is holding it up.
  • #840,277
  • Oct 3, 2013 8:28am Oct 3, 2013 8:28am
Quoting gatorinla
{quote} adding 15 pips to tp... meaning, i am raising it to 3565 +3
fight for 3563... maybe once more to 3601/02 then 3563 min
those who can, do. those who cant, talk about those who can
  • #840,278
  • Oct 3, 2013 8:31am Oct 3, 2013 8:31am
Quoting ali-bhai
GU 1-hr wave 4 of any degree and expecting b/o to upside final push! 1.6450/1.6550 {image}

or 2k pips lower
those who can, do. those who cant, talk about those who can
  • #840,279
  • Oct 3, 2013 8:34am Oct 3, 2013 8:34am
Quoting gatorinla
{quote} or 2k pips lower

100% agrees

my calculation is 2.5k to 3k, if 1.66 hold

edit: scalp long 6170 stop 6150 ctp 6425

gd lck!
  • #840,280
  • Oct 3, 2013 8:34am Oct 3, 2013 8:34am
Out of shorts, done for now
COT: The precious data ignored
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