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  • #859,861
  • Dec 4, 2013 8:38am Dec 4, 2013 8:38am
Quoting giveachance
{quote} not questioning attila's wisdom but he should not disrespect others as well by calling muppets. there are traders other than attila who can trade forex as well. we don't have to follow attila for our gains
you are talking about who ? you are just praying whole last week for short, going eveeryday to SL then after 8-9 painful days you take a small TP, this you call trading ?
do whatever the fuck you want to do !
  • #859,862
  • Dec 4, 2013 8:39am Dec 4, 2013 8:39am
Quoting attila
{quote} dude muppets is not disrespectful, not for me at least.. the hell are you guys so sensitive..
anyways leave it. no fights here. you are still a better trader than me.
  • #859,863
  • Dec 4, 2013 8:39am Dec 4, 2013 8:39am
Quoting icantmilk
{quote} you are talking about who ? you are just praying whole last week for short, going eveeryday to SL then after 8-9 painful days you take a small TP, this you call trading ?
I accumulated shorts yesterday as well and cleared them one by one after every 10-15 pip fall. my style of trading is different.
  • #859,864
  • Dec 4, 2013 8:40am Dec 4, 2013 8:40am
Ugh, they're not gonna let it go lower.
  • #859,865
  • Dec 4, 2013 8:41am Dec 4, 2013 8:41am
so anyway... first "rally" on m5, but the first one never survives..will drop again, then we'll see..
  • #859,866
  • Dec 4, 2013 8:41am Dec 4, 2013 8:41am
Quoting kuroro001
{quote} Okay i see, looking at a daily close below the 2 previous daily low? To me a "new" daily low close is enough. And yep 1.341x is good All eyes on Home sales for a bearish continuation or a classic daily reversal
it could be no doubt about it, but not for me.. I have a zone and the bottom is at 1.352x, so a close above would be in the zone, meaning not valid for short at those levels, at least in my case..

I'm trying not be biased at all, so gotta wait and see what happens today..

are you still holding cable shorts?
Patience is a virtue...
  • #859,867
  • Dec 4, 2013 8:41am Dec 4, 2013 8:41am
EU H1

would look for a short around 560 ... but, 100 pip range for the last week - means no strong conviction either way so far
Attached Image (click to enlarge)
Click to Enlarge Name: euh1.PNG Size: 43 KB
  • #859,868
  • Dec 4, 2013 8:42am Dec 4, 2013 8:42am
Quoting attila
so anyway... first "rally" on m5, but the first one never survives..will drop again, then we'll see..
no drop for me attila. it rises. traders are closing shorts near 28 levels after yesterday's climatic day.
  • #859,869
  • Dec 4, 2013 8:44am Dec 4, 2013 8:44am
at critical daily support (1.3534) if breaks and holds 4hr (1.5hr away) will be sign for me that bears have hold until fundamentals can take it back.
As the lights go by so too do the shadows move
  • #859,870
  • Dec 4, 2013 8:45am Dec 4, 2013 8:45am
So disgustingly hard to get EU to fall and not come back up, should probably just get out when/if it comes back down to s1.

It's sort of disgusting to watch though. How long could this currency be supported? hmm


Hahahaha, now GU shoots up 40 pips for no apparent reason, yeah, it's impossible to short these pairs and make money if you don't take your profit quickly
  • #859,871
  • Dec 4, 2013 8:45am Dec 4, 2013 8:45am
Quoting giveachance
{quote} no drop for me attila. it rises. traders are closing shorts near 28 levels after yesterday's climatic day.
here's how it works after a quick drop like this.. it hits support, and rallies, then it drops back to support.. if they mean it, there will be another smaller rally and drop again with a HL.. and only after that HL, it's up... now.. if the news moved it, it can spring right back (with ny coming online, who knows what they're gonna make of it)...

so you either take it at support and hope for the best or wait for this pattern to develop... that's how bulls turn it.. bears are quicker but they give you more fakes in return..
  • #859,872
  • Dec 4, 2013 8:47am Dec 4, 2013 8:47am
this ADP should put the friday nfp expectation to be above 200k, what if it prints below 200k, say 150k, now that will be bloody
In the end its just a stupid numbers game
  • #859,873
  • Dec 4, 2013 8:49am Dec 4, 2013 8:49am
Quoting attila
{quote} here's how it works after a quick drop like this.. it hits support, and rallies, then it drops back to support.. if they mean it, there will be another smaller rally and drop again with a HL.. and only after that HL, it's up... now.. if the news moved it, it can spring right back (with ny coming online, who knows what they're gonna make of it)... so you either take it at support and hope for the best or wait for this pattern to develop... that's how bulls turn it.. bears are quicker but they give you more fakes in return..
last time 60 was a cakewalk for the bulls and they too out easily. if it again gets taken out we have drama
  • #859,874
  • Dec 4, 2013 8:49am Dec 4, 2013 8:49am
Quoting kuroro001
{quote} AU is in full downmove, don't follow it to trade EU EU is on its own

I am not following AU for EU, just post as seen... AU got H&S so upto 0.88 possible
  • #859,875
  • Dec 4, 2013 8:52am Dec 4, 2013 8:52am
GBP news. best not to touch it.

S&P's Kraemer says if analysis shows recent strong UK growth sustainable then could taking rating action
  • #859,876
  • Dec 4, 2013 8:53am Dec 4, 2013 8:53am
Quoting giveachance
{quote} last time 60 was a cakewalk for the bulls and they too out easily. if it again gets taken out we have drama
3700 is on daily, so I'm watching this support here, the low of yesterday..anyway, watch m5 see if it does that pattern... seems like it's making a top for that initial rally..
  • #859,877
  • Dec 4, 2013 8:53am Dec 4, 2013 8:53am
Quoting hadox
{quote} it could be no doubt about it, but not for me.. I have a zone and the bottom is at 1.352x, so a close above would be in the zone, meaning not valid for short at those levels, at least in my case.. I'm trying not be biased at all, so gotta wait and see what happens today.. are you still holding cable shorts?
Triple bottom already, won't be easy to get broken today as there is ECB/NFP this week

Cleared most of them, got one left when we printed a double top yesterday...but i don't like today's candle, it's not over yet but right now it doesn't feel good for shorts
COT: The precious data ignored
  • #859,878
  • Dec 4, 2013 8:53am Dec 4, 2013 8:53am
Quoting danzka
this ADP should put the friday nfp expectation to be above 200k, what if it prints below 200k, say 150k, now that will be bloody

small chance after christmas part time job..
problem is, expectation already in place.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #859,879
  • Dec 4, 2013 8:54am Dec 4, 2013 8:54am
Quoting attila
so anyway... first "rally" on m5, but the first one never survives..will drop again, then we'll see..
All Possible mate Let see what ISM has for us
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #859,880
  • Dec 4, 2013 8:57am Dec 4, 2013 8:57am
I would like it to drop back to support or at least 3535...
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