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  • #856,541
  • Nov 26, 2013 4:21am Nov 26, 2013 4:21am
Guys , I am seeing lots of posts for euro to go up, becareful as the shorts are lined up toward 1.34
  • #856,542
  • Nov 26, 2013 4:24am Nov 26, 2013 4:24am
Quoting magicpips
Guys , I am seeing lots of posts for euro to go up, becareful as the shorts are lined up toward 1.34
what does that mean?
  • #856,543
  • Nov 26, 2013 4:32am Nov 26, 2013 4:32am
Quoting pipsane
{quote} sure, I know where you coming from. continuation HnS are powerfull patterns. Names really don't matter as the most important (to me) is proper recognition of market participants behavior, anticipations and forces. Like right now we are loosing steam and might not BO up during Eurpean session, but maybe during US session, as participants may want to try to attack highs from euro session and mark HH/confirm uptrend
sure
Wherever you go, there you are.
  • #856,544
  • Edited 4:49am Nov 26, 2013 4:33am | Edited 4:49am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 17 KB
eurusd just hit the 1.35389 level within the 90mins
  • #856,545
  • Nov 26, 2013 4:39am Nov 26, 2013 4:39am
Quoting Eurusdd
eurusd just hit the 1.35389 level within the 90mins
Wow it Really just happened
  • #856,546
  • Nov 26, 2013 4:48am Nov 26, 2013 4:48am
this pull back should reach at least .3530 before heading north again for bears to be in play. otherwise it is a good sign .357 will be breached imo.
As the lights go by so too do the shadows move
  • #856,547
  • Nov 26, 2013 4:50am Nov 26, 2013 4:50am
now that i look around at gold chart coz avir.
its hns downward slope ?
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-d1-oanda-division1.png Size: 48 KB
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #856,548
  • Nov 26, 2013 4:52am Nov 26, 2013 4:52am
Quoting ud1nh0
now that i look around at gold chart coz avir. its hns downward slope ? {image}

or is it cup n handle ? with smaller target
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #856,549
  • Nov 26, 2013 4:52am Nov 26, 2013 4:52am
I still think the EU needs to hit 1.38 before dropping down.
  • #856,550
  • Nov 26, 2013 4:55am Nov 26, 2013 4:55am
3550 coming for next support. Bull working on it. Once 3550 support established, bull will target 3630-50 through 3600.
Textbook plan, looser bear won't understand it.
You cannot learn better without losing
  • #856,551
  • Nov 26, 2013 4:57am Nov 26, 2013 4:57am
Quoting rickboyzice
{quote} Wow it Really just happened
trading is a time-game. In 2 mins, we will know if we are heading to the top again
  • #856,552
  • Nov 26, 2013 4:58am Nov 26, 2013 4:58am
ECB blabbers shouting about price stability. What does it mean?
Isn't it not to pump euro? If so, Euro will rise slowly but remain steady.
You cannot learn better without losing
  • #856,553
  • Nov 26, 2013 5:01am Nov 26, 2013 5:01am
it seems someone here is an attention Wh^%$ creating accounts to talk to himself lol this is too funny
  • #856,554
  • Nov 26, 2013 5:07am Nov 26, 2013 5:07am
Quoting Eurusdd
{quote} trading is a time-game. In 2 mins, we will know if we are heading to the top again
Nice Buddy looking for more recommendations

@spartanforex
hi, I am a newbie here, just joined forexfactory forum, from Indonesia, looking for more advice and learning from seniors here.
This is real account. Hope you appreciate newbie like me
  • #856,555
  • Nov 26, 2013 5:08am Nov 26, 2013 5:08am
If price closes above 1.35517, eurusd will go very close to 1.35705 or even pass it. Bye.
  • #856,556
  • Nov 26, 2013 5:09am Nov 26, 2013 5:09am
Quoting ud1nh0
{quote} i understand now. thanks i got a good lesson, confirmation comes first. is the confirmation based on closing candle or spike? on which candle timeframe usually give clear confirmation?
Confirmation to me is for example: EURUSD goes up. Reaches 1.3700 and consolidates between 1.3650 -1.3700. Wait for break out of 1.3700 to the upside (not fake out - which is quick move up and come back down - called sometimes SL cleanup). Once price comes back to1.3700 (lets say from 1.3730) you can either enter as close to 1.3700 as possible, or look for price to react/defend 1.3700 on M5-M15 first (look for a couple pin bars - once you watch market for a while you will see what i'm talking about). Depending on your SL either method will work better. First approach might give you better entry - if your entry level is defined precisly. You risking that price will not respect it though and just goes down further (that's why you have SL as every entry is an "IF" situation). Second approach might give you more confidence as you see respect for the level before entry, though you might miss entry or have worse entry level. I like to analize all timeframes at the same time (skip all<M5) M5-M15 for precise entry and M30-D1 for general situation. M30-H4 tells a lot.
Price Action + KISS + PIE = Forex-Entourage
  • #856,557
  • Nov 26, 2013 5:27am Nov 26, 2013 5:27am
Hmmm this situation is tricky and preety much subjective to everyone. For me its a toss of a coin.
  • #856,558
  • Nov 26, 2013 5:38am Nov 26, 2013 5:38am
3514 would be nice area to rebuy again current small upside ress i have 3561 and of course cluster of limits over highs
  • #856,559
  • Nov 26, 2013 5:50am Nov 26, 2013 5:50am
better to stay out of EU until the news arrives.
  • #856,560
  • Nov 26, 2013 5:53am Nov 26, 2013 5:53am
Hello guys,

if we close a 1H above yesterday high we will see 3650 & 3700 today or tomorrow morning in the assia session
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m5-thinkforex-com-au.png Size: 53 KB
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