{quote} 3 hours later......TP is reached {image}
nice trade
- #63,405
- Dec 18, 2013 7:21am Dec 18, 2013 7:21am
EU: Hansma, Here is one of those nice pullbacks to the FE 24% level. On H4 too! Are you on this? If not, I thought you might appreciate this "Heads up."-tah {image}
Already short on it.
Thanks mate
H.
"The future is already written in the past"
- #63,406
- Dec 18, 2013 9:42am Dec 18, 2013 9:42am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
UChf Comment
Looks to me like this long trade is not over with, that the run down today was a "reload longs" effort involving manipulating the price down to suck in shorts and stop out longs to get new liquidity for the MMs to add more longs. Time will tell if this is to go much higher.
And EU is still being highly manipulated about midway between the 1.3700 and 1.3800 whole numbers. When will the "plummet" come?
Looks to me like this long trade is not over with, that the run down today was a "reload longs" effort involving manipulating the price down to suck in shorts and stop out longs to get new liquidity for the MMs to add more longs. Time will tell if this is to go much higher.
And EU is still being highly manipulated about midway between the 1.3700 and 1.3800 whole numbers. When will the "plummet" come?
- #63,407
- Edited 10:15am Dec 18, 2013 9:56am | Edited 10:15am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #63,409
- Edited 10:59am Dec 18, 2013 10:45am | Edited 10:59am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #63,412
- Edited 11:56am Dec 18, 2013 11:27am | Edited 11:56am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Banks killed few traders today. I hate manipulations like this. {image}
This is where "biggest" money steps in to exert control of prices. That would be the major banks serving as liquidity providers, the dirtiest, rottenist, stinkingest, most price manipulating, most corrupting of the market _____ banks! They know that most traders have no where near the money needed to have large enough positions to make good money and still be able to withstand the magnitude of the bank's manipulated price swings. This is intentional money stealing in a "game" where the biggest money can do what it wants to rig the outcome. EU is heavily traded, but other pairs that are less traded are also experiencing major whipsawing, 100 -150 pips of whipsawing!
You can see why the super-rich will do anything to remain that way. It is their money that enables them to control things. They want to remain in control of things, and so they do evil and corrupt things to stay super-rich.
We attempt to discern their intents, spawned by their evil and corrupt nature. That is the best we can do.
- #63,413
- Dec 18, 2013 11:36am Dec 18, 2013 11:36am
{quote} Yep, lost some money today, too much news for me!
If you haven't big pocket, patience is better than risk with trading high impact releases.
- #63,414
- Dec 18, 2013 11:38am Dec 18, 2013 11:38am
{quote} AU Comments TAH, your bullish scenario seems to be too early for me, I miss one more leg down. Though hourly TF is bullish, PA is ranging even if it goes higher. Once PA closes below the blue line on the daily TF, the orange area seems to be the target area where PA really may exhaust on daily TF - and PVSRA can be used there for confirmation / start building long positions for "early birds". {image}
Mind the gap
- #63,415
- Dec 18, 2013 11:43am Dec 18, 2013 11:43am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} Two days later target has been reached
Right on! A call that turned out the way you called it.
I'm a little surprised the MMs didn't take it all the way down to just below the lower whole number, but then the week isn't over yet. Either way, my average for my position just dropped, and will again if the MMs take this lower. With the high volume though, this might be as low as she goes. This could be the turning point. It is a shame we cannot know the manner in which price will move next, nor when trends will reverse.
Your call, based on your analysis was fantastic, Sunbrella.
-tah
- #63,417
- Edited 12:08pm Dec 18, 2013 11:55am | Edited 12:08pm
{quote} Sunbrella, Right on! A call that turned out the way you called it.
As you noted, week is not over, nor daily candle is closed yet. Now I wait patiently for confirmation before taking further action in either direction.
Mind the gap
- #63,418
- Dec 18, 2013 12:02pm Dec 18, 2013 12:02pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
