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  • #859,041
  • Dec 2, 2013 4:48pm Dec 2, 2013 4:48pm
Quoting milam
{quote} The good for bears lay on the fact in my view that many bulls got trapped by the upwards BO and they need to cover…. Also one need to be aware that many stops sit above the high and the market may want to go there to make some bucks….
It seems the retail crowd are buying into the Euro dip and if it keeps going, they will end up net long, so the retail crowd stops will be below... not above.
http://www.forexfactory.com/showthre...25#post7129525
Attached Image (click to enlarge)
Click to Enlarge Name: DailyFX - SSI- Retail Crowds Buy into Euro Dip versus Dollar.png Size: 158 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #859,042
  • Dec 2, 2013 4:49pm Dec 2, 2013 4:49pm
Quoting milam
{quote} The good for bears lay on the fact in my view that many bulls got trapped by the upwards BO and they need to cover…. Also one need to be aware that many stops sit above the high and the market may want to go there to make some bucks….
The recent cable bull momentum is brought by G/J. G/J now sits at 38.2 fib retracement since the fall that started in 2007. If the fib caps the G/J up move, I think cable is down because I believe the US dollar is bullish right now.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ_231.png Size: 226 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #859,043
  • Dec 2, 2013 4:50pm Dec 2, 2013 4:50pm
Quoting ziyaze
{quote} and by that you mean?
I went to sleep at late night.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #859,044
  • Dec 2, 2013 4:53pm Dec 2, 2013 4:53pm
anyone looking for a medium possibly long term cable short
possable good market movement starting in 90mins lasting 9hrs gove a take few minutes for leaking bastards excetera, could be a nice afternoon
If you are new to Forex? Say Goodbye to your account!!
  • #859,045
  • Dec 2, 2013 4:54pm Dec 2, 2013 4:54pm
Quoting PipTrapper
{quote} It seems the retail crowd are buying into the Euro dip and if it keeps going, they will end up net long, so the retail crowd stops will be below... not above. http://www.forexfactory.com/showthre...25#post7129525 {image}

That's very interesting PT, I've been seeing the bullish sentiment by retail crowd go higher whenever it dips. I basically feel that it will continue to happen as we go lower, and we will likely hit 1.3 in the next few months. But predictions are for losing idiot traders like me

High probability technical set ups is what I must focus on personally
  • #859,046
  • Dec 2, 2013 4:57pm Dec 2, 2013 4:57pm
Quoting KiwiTrada
anyone looking for a medium possibly long term cable short possable good market movement starting in 90mins lasting 9hrs gove a take few minutes for leaking bastards excetera, could be a nice afternoon
what big event is going to happen?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #859,047
  • Dec 2, 2013 4:59pm Dec 2, 2013 4:59pm
Posted on the 29th

and current...
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Click to Enlarge Name: 12_2_13 eu H4 update.JPG Size: 254 KB
The More You Learn, The More You Earn.....
  • #859,048
  • Dec 2, 2013 5:00pm Dec 2, 2013 5:00pm
Quoting KiwiTrada
anyone looking for a medium possibly long term cable short possable good market movement starting in 90mins lasting 9hrs gove a take few minutes for leaking bastards excetera, could be a nice afternoon
good daily closed for cable bear...as long as we under 1.64
Patience, Emotion Control and Discipline.
  • #859,049
  • Dec 2, 2013 5:11pm Dec 2, 2013 5:11pm
Quoting PipTrapper
{quote} It seems the retail crowd are buying into the Euro dip and if it keeps going, they will end up net long, so the retail crowd stops will be below... not above. http://www.forexfactory.com/showthre...25#post7129525 {image}
I was talking about the pound and his false break out, most of the traders that went short, have sitting SL above the high……. Now if market will not drive the market further down by participation, the market makers might drive the market up to its high to make profit.
Wherever you go, there you are.
  • #859,050
  • Dec 2, 2013 5:15pm Dec 2, 2013 5:15pm
Quoting ffleo
{quote} The recent cable bull momentum is brought by G/J. G/J now sits at 38.2 fib retracement since the fall that started in 2007. If the fib caps the G/J up move, I think cable is down because I believe the US dollar is bullish right now. {image}
Ok, good to know……..
Wherever you go, there you are.
  • #859,051
  • Dec 2, 2013 5:25pm Dec 2, 2013 5:25pm
Quoting johncen
{quote} good daily closed for cable bear...as long as we under 1.64
yup 6369 she needs to stay below for me otherwise sidelines
If you are new to Forex? Say Goodbye to your account!!
  • #859,052
  • Dec 2, 2013 5:31pm Dec 2, 2013 5:31pm
Quoting ffleo
{quote} what big event is going to happen?
bro ist more about which data is due and in what order, 1pm gbp, 1.30 aud , 2pm yuan, 2.30 yen , 4.30 aud then a break to recover going into European session eu and gbp eu 9pm gbp 10.30
these are powerful data release (and order) for asia pacific session, could should give good clues going into brit session.

wed & thursday nights should be even better going into circus
If you are new to Forex? Say Goodbye to your account!!
  • #859,053
  • Dec 2, 2013 6:21pm Dec 2, 2013 6:21pm
Quoting KiwiTrada
{quote} yup 6369 she needs to stay below for me otherwise sidelines
Cable & UC weekly
Cable has pierced a falling TL but my monthly 6369 I trust little more so is dialema cause it took a bull flag to pierce th tl and my level, personally I thought it was toast, and head for 6847 but 6369 bears have showed some spine and got back below 6369 so she still in play but cautios either way will be decent chunk of pips

UC looking left we entered bear territory, I have email them and tell them to take early holiday, cause I want bulls to ignite after burners this pr could determine strength of USD and give clue to other USD prs well worth an eyeball

Yen bulls have done beautifully geppy blasted her resistance 160 81 and ej is testing hers 13920, they look to be tiring any drop rejection could send kiwi and aussie flying data in 12mins?? they both are flirting with monthly levels
au 9108 kiwi 8224 time to be on toes is coin toss above prs may give better indication prior to data releases

bbl going get front seat
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UC weekly 3 12 2013.png Size: 33 KB
Click to Enlarge Name: Cable weekly 3 12 2013.png Size: 45 KB
If you are new to Forex? Say Goodbye to your account!!
  • #859,054
  • Dec 2, 2013 7:02pm Dec 2, 2013 7:02pm
Hello everyone. I'm back and ready for action. So what do you guys think? Up or down?
  • #859,055
  • Dec 2, 2013 7:05pm Dec 2, 2013 7:05pm
I try not to use the words "I THINK" in my trading, but to be honest, I really do think this month/next month will be a total disaster for EU. I'm sure GU will join in on the sell off as well. Looking forward to high quality set ups

And the reason why I say this is because I'm looking at the monthly/daily chart and the technicals are just showing me at least, that we are in for a nice size sell off coming. I hope it takes EU down to 1.28ish And I hope i'm smart enough to sell it hardcore the whole way down!
  • #859,056
  • Dec 2, 2013 7:12pm Dec 2, 2013 7:12pm
I'm watching 1.35233 for a possible bounce ... if the hourly closed above with a new lower shadow , this could reverse all its way back to 1.36 and beyond!
"It's the Margin, Stupid."
  • #859,057
  • Dec 2, 2013 7:13pm Dec 2, 2013 7:13pm
Quoting Vachus
I'm watching 1.35233 for a possible bounce ... if the hourly closed above with a new lower shadow , this could reverse all its way back to 1.36 and beyond!

keep hope alive!
Twitter: @TrendersGame
  • #859,058
  • Dec 2, 2013 7:21pm Dec 2, 2013 7:21pm
closed my 4 shorts
+2% account
In trading, you have to be defensive and aggressive at the same time
  • #859,059
  • Dec 2, 2013 7:23pm Dec 2, 2013 7:23pm
Quoting Vachus
I'm watching 1.35233 for a possible bounce ... if the hourly closed above with a new lower shadow , this could reverse all its way back to 1.36 and beyond!
I agree with you
Number of Days without an idiotic request: 0
  • #859,060
  • Dec 2, 2013 7:25pm Dec 2, 2013 7:25pm
Quoting Citiboy
{quote} keep hope alive!
You still demo trading , or got promoted and now trading demos ...!
"It's the Margin, Stupid."
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