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  • #867,941
  • Jan 5, 2014 11:25pm Jan 5, 2014 11:25pm
Quoting attila
this thread should be renamed to "Short the eurusd".
No. If you really want a suitable name for this thread, replace "Short" with "Fuck".

1.3579 has responded.
The Thief of Wall Street
  • #867,942
  • Jan 5, 2014 11:29pm Jan 5, 2014 11:29pm
Quoting Chicky
{quote} No. If you really want a suitable name for this thread, replace "Short" with "Fuck". 1.3579 has responded.
Bulls should hope it remains above 1.3582
The Thief of Wall Street
  • #867,943
  • Jan 5, 2014 11:32pm Jan 5, 2014 11:32pm
Quoting Chicky
{quote} Bulls should hope it remains above 1.3582
Critical

Going for a cup of coffee
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The Thief of Wall Street
  • #867,944
  • Jan 5, 2014 11:43pm Jan 5, 2014 11:43pm
Quoting Chicky
{quote} Critical Going for a cup of coffee {image}
If 1.3602 responds, bears should hope it remains below 1.3598
The Thief of Wall Street
  • #867,945
  • Jan 5, 2014 11:53pm Jan 5, 2014 11:53pm
Quoting attila
this thread should be renamed to "Short the eurusd".
Apparently, visually,mentally, it is more reassuring to go against the trend due to the fact that the traces left behind by the previous candles give the perception that there is long way to go downwards, while not having anything above is perceived as the unknown/scary/no more to go.

Source: Michel Platini.
Wherever you go, there you are.
  • #867,946
  • Jan 5, 2014 11:53pm Jan 5, 2014 11:53pm
im still holding a portion of my shorts. how do u set up your trade explorer if u dont use meta trader im using trade station from fxcm...
  • #867,947
  • Jan 5, 2014 11:58pm Jan 5, 2014 11:58pm
Quoting Chicky
{quote} If 1.3602 responds, bears should hope it remains below 1.3598
Hey mr King, do real believe that those levels have a great significance? I mean if a market movers receive orders to buy, do you think they do care much about those levels? To me seems they do not, they will execute orders at the best price possible, with different entries taking advantage of pullbacks, if any….
Wherever you go, there you are.
  • #867,948
  • Jan 6, 2014 12:13am Jan 6, 2014 12:13am
Euro getting beat down today!
EURUSD – New low today upon breaking through 1.3578 lows. Next level of bids to halt a fall are at 1.3550.
  • #867,949
  • Jan 6, 2014 12:15am Jan 6, 2014 12:15am
Quoting Davit
nice drop on GU
Every dog has its day Davit
But PM I is this morning so cable
Will need some special attention
rat
  • #867,950
  • Jan 6, 2014 12:17am Jan 6, 2014 12:17am
Quoting milam
{quote} Apparently, visually,mentally, it is more reassuring to go against the trend due to the fact that the traces left behind by the previous candles give the perception that there is long way to go downwards, while not having anything above is perceived as the unknown/scary/no more to go. Source: Michel Platini.

Interesting.. I don't know. There is a very strong short bias, besides technical atm that indeed favor shorts... It doesn't matter as long as while having a short you are bullish or bearish while holding a long.. Messed up necessary mind trick..
  • #867,951
  • Jan 6, 2014 12:20am Jan 6, 2014 12:20am
FXRAT back and wishing everyone a Happy New Year
This morning if your not already short from last week don't bother unless
We get a break through 13560 then still wouldn't bother
Myself

If we get a break through 13600 then a long maybe
The order of the day

Rat expects chop between these levels so it's scalp mode this AM
rat
  • #867,952
  • Edited 1:14am Jan 6, 2014 12:28am | Edited 1:14am
i'm guessing upside capped at 1.3625ish unless we get below 1.3550. if you're short from 1.3600, a TP at 1.3540 and a SL at 1.3640 seems reasonable but if price action goes above 1.36 needs caution
  • #867,953
  • Jan 6, 2014 12:32am Jan 6, 2014 12:32am
Quoting attila
{quote} Interesting.. I don't know. There is a very strong short bias, besides technical atm that indeed favor shorts... It doesn't matter as long as while having a short you are bullish or bearish while holding a long.. Messed up necessary mind trick..
Smart bulls are not interested yet, they probably going with the flow but shorting for a quick profit here and there, beside price have not reach the 23.6 of the greater leg yet and only the 50% of the last small leg.. Bears get excited very quick due to the fact that their finger got burned many times…..It is also a gratifying experience if they got it right this time…..revenge is shining in their eyes …..less in they pocket ….Anyway I am flat, I do not have a stance, I placed a buy stop order above the GU daily candle, I do not think it is going to be triggered today…..but I am scalping, I will start in 30 minutes…..now I need to jump into…..
Wherever you go, there you are.
  • #867,954
  • Jan 6, 2014 12:33am Jan 6, 2014 12:33am
Quoting rattyo
FXRAT back and wishing everyone a Happy New Year This morning if your not already short from last week don't bother unless We get a break through 13560 then still wouldn't bother Myself If we get a break through 13600 then a long maybe The order of the day Rat expects chop between these levels so it's scalp mode this AM
Good morning Ratty.
Wherever you go, there you are.
  • #867,955
  • Jan 6, 2014 12:45am Jan 6, 2014 12:45am
Hmm, I think it would be wise to stay out of any large positions for the day.

EU looks set for further falls, but not yet really making any progress upon such, so early in the day.

The Dollar appears poised - at the 76.4 mark - to react to not only the ISM Non-Manufacturing PMI, but what I think we can say is the forgone conclusion of appointment of Janet Yellen to the Fed Reserve... reputedly hawkish QE. (Wouldn't it be great if she surprised all later in the year by bringing back a little common sense to the show)

P.S. Still like that pin... noted here
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #867,956
  • Jan 6, 2014 1:16am Jan 6, 2014 1:16am
Quoting rattyo
{quote} Every dog has its day Davit But PM I is this morning so cable Will need some special attention

Thanks for your constructive posts.
Just added you to my ignore list
In trading, you have to be defensive and aggressive at the same time
  • #867,957
  • Jan 6, 2014 1:21am Jan 6, 2014 1:21am
Quoting ffleo
I expect aussie to be in a bouncing mode. {image}

anyone long aussie?

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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #867,958
  • Jan 6, 2014 1:22am Jan 6, 2014 1:22am
ratt though you where long at 1.3650
  • #867,959
  • Jan 6, 2014 1:23am Jan 6, 2014 1:23am
Quoting ffleo
{quote} anyone long aussie? {image}
shit I did.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #867,960
  • Jan 6, 2014 1:29am Jan 6, 2014 1:29am
Quoting rattyo
Also Ken after a lot of twoing and throwing I decided to get short that EURUSD as you can see its worked out nicely for FXRAT 50 odd Pips and a little tiddler 16 so far very nice Not sure anyone trades the DOW here or S&P & DAX but its FREE MONEY ? Lot easier than deciding what to do with EURUSD and currencies. It only goes one direction in the long run and thats up basically so all you have to do is wait for a small pullback and get long... {image}
Falsify

You must ha e RAT mixed up with some other punter
Short from that area ?
rat
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