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  • #850,761
  • Nov 6, 2013 6:02am Nov 6, 2013 6:02am
No a proper short setup...still waiting for a proper one back at the top or at new highs
COT: The precious data ignored
  • #850,762
  • Nov 6, 2013 6:04am Nov 6, 2013 6:04am
Quoting cdndollar
Classic EUR GBP EURGBP lead lag line dance.. {quote} Please stop bitching & be thankful that your prayer was answered with this Correction.. if your Mindset is not right playing in this cesspool, then sooner or later you will pi$$ away whatever Margin you have.. so you should consider changing your signature to: "It's the mindset stupid ".. instead of "It's the margin stupid ".. (friendly advise.. will self destruct in due time..)
I bet you were one of these morons waiting for 1.40 ... Don't you ?!

By the way, its not a correction and its a trend reversal - whether you like it or you don't ! Also, keep you bullshit advices to yourself - soon you will be needing it.
"It's the Margin, Stupid."
  • #850,763
  • Nov 6, 2013 6:05am Nov 6, 2013 6:05am
i think euro falls to the 13200
  • #850,764
  • Nov 6, 2013 6:08am Nov 6, 2013 6:08am
Quoting ravenbg
{quote} If it does not bounce from 3511, it will close below that level you said. Good Luck to Everyone.
it closed below. fuck, i am still not convinced. nasty pin bar but hourly as been climbing on inside bars. pretty obvious the sellers are there but i still don't see a decent rejection. sl at be. will hold some more.

can you guys see the bear flag on the 1h?
dreams do come true.
  • #850,765
  • Nov 6, 2013 6:11am Nov 6, 2013 6:11am
I stop my positions now. Market in no-mans land. Remember ranging market today, there will be no direction just jerky 20 pip moves north and south.
  • #850,766
  • Nov 6, 2013 6:15am Nov 6, 2013 6:15am
Quoting wannaberich
{quote} it closed below. fuck, i am still not convinced. nasty pin bar but hourly as been climbing on inside bars. pretty obvious the sellers are there but i still don't see a decent rejection. sl at be. will hold some more. can you guys see the bear flag on the 1h?
Everyone can see the pinbar, but I want it to close below 3490, this will tell me that shorts are now solid.
  • #850,767
  • Nov 6, 2013 6:27am Nov 6, 2013 6:27am
Quoting ravenbg
{quote} Everyone can see the pinbar, but I want it to close below 3490, this will tell me that shorts are now solid.
i know everyone can see the pin bar. i was asking about the possible flag...
dreams do come true.
  • #850,768
  • Nov 6, 2013 6:28am Nov 6, 2013 6:28am
Quoting Ken A
{quote} See no flag {image}
here it is. it ain't one til it turns down. and it would need 5 touches for me to think it is a probable setup.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 75 KB
dreams do come true.
  • #850,769
  • Nov 6, 2013 6:28am Nov 6, 2013 6:28am
Quoting ravenbg
{quote} Everyone can see the pinbar, but I want it to close below 3490, this will tell me that shorts are now solid.
Even though it is a pinbar, it printed a higher high, higher low...we have to wait for more development

Still looking to short higher
COT: The precious data ignored
  • #850,770
  • Nov 6, 2013 6:29am Nov 6, 2013 6:29am
Here is an interesting chart, its the outlook of 3 month - problem its not in candlesticks because the issuer is abit down on technology ... But, the big question is: Will you , based on this chart alone - long the EURO or short ??????

Attached Image (click to enlarge)
Click to Enlarge Name: EuroIndex.PNG Size: 30 KB


Here is the same chart one month :

Attached Image (click to enlarge)
Click to Enlarge Name: Onemonth.PNG Size: 25 KB


I rest my case
"It's the Margin, Stupid."
  • #850,771
  • Nov 6, 2013 6:33am Nov 6, 2013 6:33am
just another angle of pa. There is divergence on the last hh (rsi), so still anyone's game in my book. sitting on sidelines.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 16.jpg Size: 206 KB
As the lights go by so too do the shadows move
  • #850,772
  • Nov 6, 2013 6:37am Nov 6, 2013 6:37am
Quoting Matts Micro
just another angle of pa. There is divergence on the last hh (rsi), so still anyone's game in my book. sitting on sidelines. {image}

any reason for hiding tf
Mohan
  • #850,773
  • Nov 6, 2013 6:37am Nov 6, 2013 6:37am
Quoting Vachus
Here is an interesting chart, its the outlook of 3 month - problem its not in candlesticks because the issuer is abit down on technology ... But, the big question is: Will you , based on this chart alone - long the EURO or short ?????? {image} Here is the same chart one month : {image} I rest my case
Quoting Matts Micro
Weekly chart with historic fib. at these levels. We may well see 1.3830 again soon. {image}
It is at the levels for sharp movements.


Edit: Not saying one way or another but just to be wary.
As the lights go by so too do the shadows move
  • #850,774
  • Nov 6, 2013 6:41am Nov 6, 2013 6:41am
So, we had a ratrcement of 23,60% at 1.3534 (high 1.3823 and low 1.3443).
  • #850,775
  • Nov 6, 2013 6:50am Nov 6, 2013 6:50am
Quoting mohan76
{quote} any reason for hiding tf
Its not a time frame. It is a tick chart based on volume. So it is just over 1000 ticks per candle.
As the lights go by so too do the shadows move
  • #850,776
  • Nov 6, 2013 6:51am Nov 6, 2013 6:51am
Quoting Matts Micro
{quote} Its not a time frame. It is a tick chart based on volume. So it is just over 1000 ticks per candle.

Inserted Video
Patience is a virtue...
  • #850,777
  • Nov 6, 2013 6:53am Nov 6, 2013 6:53am
@Matts Micro: I understand what your saying ... i'm just trying to bring a different perspective to the same thing we are looking at! A much powerful chart, the Euro Index
"It's the Margin, Stupid."
  • #850,778
  • Nov 6, 2013 6:57am Nov 6, 2013 6:57am
Quoting Matts Micro
{quote} Its not a time frame. It is a tick chart based on volume. So it is just over 1000 ticks per candle.
thanks
Mohan
  • #850,779
  • Nov 6, 2013 7:01am Nov 6, 2013 7:01am
Quoting Vachus
@Matts Micro: I understand what your saying ... i'm just trying to bring a different perspective to the same thing we are looking at! A much powerful chart, the Euro Index
yh I'm with you on your chart too its a scary drop and normally if my trades were bullish I'd be crapping myself right now.
As the lights go by so too do the shadows move
  • #850,780
  • Nov 6, 2013 7:07am Nov 6, 2013 7:07am
Decided to close my EJ trade...after looking at it this morning looks like some bigger buyers did line up to fill yesterday, so I'm out for now.
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