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EURUSD

  • #847,301
  • Oct 25, 2013 12:59pm Oct 25, 2013 12:59pm
Quoting ffleo
{quote} hey Ken, have a nice honeymoon.
This the only way to bring EURO down

https://encrypted-tbn3.gstatic.com/i...Y4Np-tTHjCl_Px
  • #847,302
  • Oct 25, 2013 12:59pm Oct 25, 2013 12:59pm
Quoting Ken A
{quote} This the only way to bring EURO down {image}
and die
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #847,303
  • Oct 25, 2013 1:03pm Oct 25, 2013 1:03pm
Quoting Davit
short at 38x2 will start my shorts progressively every 75pips My believe of shorting is based upon 1.Euro zone economic stagnation 2.High Euro is counter productive for growth hence I anticipate rate cut or political spin by Mario to bring it down. 3.US economy is still better then Euro Zone. 4.No major correction retrace yet so its \"due\" 5.Sometimes one must plunge in and let it be. I follow Scott Carney's concept of price turning at 78.6-88.6 levels which fits in harmonics as well. {image}

Thanks hope its going to sell
  • #847,304
  • Oct 25, 2013 1:06pm Oct 25, 2013 1:06pm
Quoting Ken A
{quote} This the only way to bring EURO down {image}


Hahahaha nice one
  • #847,305
  • Oct 25, 2013 1:22pm Oct 25, 2013 1:22pm
no matter what levels people put on the chart, how many lines drawn on the chart, i think the grand cycle of 27 months plays more important role than all other things. delaying one cycle will cause financial problems, just as what happened for the 2008/2009 crash.

Attached Image (click to enlarge)
Click to Enlarge Name: euro-monthly_045.png Size: 602 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #847,306
  • Edited 2:46pm Oct 25, 2013 1:35pm | Edited 2:46pm
Finally this year The Daylight saving time zone Trading is over and and from Monday back to GMT from London time for me, will save me lot of extra chart times...
Good weekend to all!!

Ow, BTW

just after London open this morning i left for my office, Driving and just had a full drag on my cigarette, when i heard this "Its like a Cheese wire" . (from.50 min-1.10 on this YouTube ) I almost Choked laughing while watching London open on phone hanging on my windscreen.

Thank you Dave and Lisa - had a fun start

@ and that lisa's song..LOL

Happy Weekend guys,,, School holiday for a week here
http://www.capitalfm.com/london/on-air/breakfast/
http://www.capitalfm.com/london/on-a...-lisa-snowdon/
Inserted Video


Edit... Just in case if you wonder if this is normal on a Radio show in London... As i heard on the radio Lisa did that/ or she let that happen on radio to help their Charity, Capital's "Help A London Child!!"
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #847,307
  • Oct 25, 2013 1:39pm Oct 25, 2013 1:39pm
I think we are about to start a bearish wave 3 here in the hour u see that price was unable to close above 1.38089 which means next move should be 1.37383
  • #847,308
  • Oct 25, 2013 5:29pm Oct 25, 2013 5:29pm
Quoting Ken A
{quote} This the only way to bring EURO down {image}
been there done that, Good Bye
  • #847,309
  • Oct 25, 2013 8:25pm Oct 25, 2013 8:25pm
Quoting milam
if my 3824 hold I will be going short @ 3805 risking 27 pips
Closed @ BE, I do not like to carry pairs over the WE, especially if not in green.
Wherever you go, there you are.
  • #847,310
  • Oct 25, 2013 10:06pm Oct 25, 2013 10:06pm
Quoting iNSIELD
I think we are about to start a bearish wave 3 here in the hour u see that price was unable to close above 1.38089 which means next move should be 1.37383
May be or may be not.

Now, if we take every trade with this thinking "maybe or maybe not" we can never lose because in long-run more "maybes" will happen than 'maybe nots" ........................... but I am not sure, maybe maybe not.
The Thief of Wall Street
  • #847,311
  • Oct 25, 2013 10:09pm Oct 25, 2013 10:09pm
A good answer will be highly appreciated

Question 1: Why we tend to go short when price goes up?

Question 2: Why we feel hungry after drinking?
The Thief of Wall Street
  • #847,312
  • Oct 25, 2013 10:14pm Oct 25, 2013 10:14pm
Quoting milam
{quote} Closed @ BE, I do not like to carry pairs over the WE, especially if not in green.
That was a mistake. Its going to be 117 and a half pip gap down this week.
The Thief of Wall Street
  • #847,313
  • Oct 25, 2013 11:20pm Oct 25, 2013 11:20pm
Quoting Chicky
{quote} That was a mistake. Its going to be 117 and a half pip gap down this week.
Wherever you go, there you are.
  • #847,314
  • Oct 25, 2013 11:32pm Oct 25, 2013 11:32pm
EURO/USD 1H Chart

Euro is trading in range of 100 pips for last 3-4 days with very slight upward slop. Technically, It is expected that Eur will start decline from 1.3840. target will be 1.3619 and 1.3534
  • #847,315
  • Oct 26, 2013 12:32am Oct 26, 2013 12:32am
New short target 1.38880 at 76.4 %.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.JPG Size: 81 KB
  • #847,316
  • Oct 26, 2013 3:39am Oct 26, 2013 3:39am
Quoting Chicky
{quote} May be or may be not. Now, if we take every trade with this thinking \"maybe or maybe not\" we can never lose because in long-run more \"maybes\" will happen than 'maybe nots\" ........................... but I am not sure, maybe maybe not.
Do u disagree?
  • #847,317
  • Oct 26, 2013 5:03am Oct 26, 2013 5:03am
Quoting Chicky
A good answer will be highly appreciated Question 1: Why we tend to go short when price goes up? Question 2: Why we feel hungry after drinking?
Answer for Question 1
We tend to go short because price always tends to go back to the average, or "moving average" to be more exact.
The further it gets away from the average, the bigger chance it will come back eventually.
But the real truth is we all want to catch the very top.

Answer for Question 2
No. We are not hungry... depending on the amount consumed, we are most of all SICK

Read Charts - Not Papers
  • #847,318
  • Oct 26, 2013 5:04am Oct 26, 2013 5:04am
A good answer will be highly appreciated Question 1: Why we tend to go short when price goes up? Questionmarkets by structure are uncertain and create uncertainty and the way we human are,we like to create certainty out of uncertainty,and once we create certainty we r predicting and the trouble start there and one start personalising the trade and from there onward ur digging the hole deeper and deeper.the other thing is one should never watch price action on a time frame and take a position on the same time frame,the reason is say if u r watching price action on 5 min chart 90 percent of price changes don't go any where and ranging and ur brain is facilitated into thinking that is the status quo and one start to think price will come back.its not that u don't go long when market in uptrend but one take profit too early and take the position of opposite side becos of our habit of prediction and creating certainty out of uncertainty. if u take position and trend go against u and becos of risk aversion u wont get out of the market and things get worse and worse and one spend more and more time against the trend and one tend to get the impression that one is short when the price go up and vice versa.in actual fact that question of ur why we tend to go short when price go up is not correct as well.2: Why we feel hungry after drinking?when u drink alcohol it increases rate of metabolism but amount of calories provide by alcohol used up very quickly and is not enuff and hence one feel humgry.drinking alcohol is not good and damage once health mentaly and physically and as well family life,for me its easy as my religion make alcohol unlawful for me anyway.
regards.
Allah has permitted trade and has forbidden interest [koran]
  • #847,319
  • Oct 26, 2013 5:12am Oct 26, 2013 5:12am
Quoting drzakir123
A good answer will be highly appreciated Question 1: Why we tend to go short when price goes up? Questionmarkets by structure are uncertain and create uncertainty and the way we human are,we like to create certainty out of uncertainty,and once we create certainty we r predicting and the trouble start there and one start personalising the trade and from there onward ur digging the hole deeper and deeper.the other thing is one should never watch price action on a time frame and take a position on the same time frame,the reason is say if u r watching...
seems you are a blessed soul isnt it?

jazakallah
been there done that, Good Bye
  • #847,320
  • Oct 26, 2013 5:15am Oct 26, 2013 5:15am
.
Quoting Chicky
A good answer will be highly appreciated Question 1: Why we tend to go short when price goes up?

Answer : Because men is greedy and he always wants to pick top to sell and bottom to buy, so fools keep on shorting thinking thats the top and now price will fall like knife





Question 2: Why we feel hungry after drinking?

Answer : I dont drink alcohol, but yeah I am always hungry about knowledge

been there done that, Good Bye
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