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  • #868,021
  • Jan 6, 2014 3:51am Jan 6, 2014 3:51am
Quoting eurusd_trade
{quote} as I said I think there is a risk of hitting 1.3625, so if it manages to get there and trades heavy I will consider a sell rats is already long from 1.36 i guess which is basically just trading the initial intraday downtrend break, although this is also prone to retests and chops. it's a pretty shit spot right now at 1.3610 for any position, low activity
You mean rats traded the LOB that occured there, yes i did see that it had all 3 criterias for a LOB but in my aspect I was just going with the overall bearish sentiment of the Euro. Besides the 1 hr trend is bearish and on the daily it has broken through support at 1.3607
  • #868,022
  • Jan 6, 2014 3:53am Jan 6, 2014 3:53am
...and so we dip into the ascending Guppy profile on what is printed in the fundamental news as a bad number that represents a UK maintaining a strong pattern of growth... apparently.

Contrarian to the last... I'm calling long!!! Oh, and also a coffee break.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 69 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #868,023
  • Jan 6, 2014 3:59am Jan 6, 2014 3:59am
Quoting IveGotQuads
In any event Im open to different view points , doesnt mean ill accept it but ill agree to disagree. The forums is probably the worst place to learn anything trading but you can see opposing concepts and compare it, At least know how both buyers and sellers think
You are right mate, if you will rely on this thread alone I doubt that you will learn useful since most of the time you can read different trading opinions. Although, this thread is very entertaining to read.
  • #868,024
  • Jan 6, 2014 4:01am Jan 6, 2014 4:01am
Quoting tomspin
{quote} very nice, so 9 years of trading you say?
If ever it should be bought three hours ago, now its a poor RR trade as he went against daily pivot in the no mans land,
Its a count on a breakout or just a very unprofessional rookie mistake, don't hate - learn from it.
swing it!
  • #868,025
  • Jan 6, 2014 4:05am Jan 6, 2014 4:05am
horizontal + diagonal break > horizontal break > diagonal break. you can rarely count on more than 10pips after a dbreak before the chopping starts like right now. whatever you want to call it, no man's land, low activity
  • #868,026
  • Jan 6, 2014 4:07am Jan 6, 2014 4:07am
Quoting eurusd_trade
horizontal + diagonal break > horizontal break > diagonal break. you can rarely count on more than 10pips after a dbreak before the chopping starts like right now. whatever you want to call it, no man's land, low activity
they got their master computer set to break small traders..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #868,027
  • Jan 6, 2014 4:11am Jan 6, 2014 4:11am
missed a good trade just above 36 for a 10 pips target, never mind…..Done for the day, I will not even try to trade this…...2 trades today, taken home +1%...
Wherever you go, there you are.
  • #868,028
  • Jan 6, 2014 4:13am Jan 6, 2014 4:13am
Quoting Chicky
This is gold on Daily Time Frame. On Friday, the correlation broke but now it is back again. Let's see how big is this bounce. {image}
MAX 1250 /1265 - if we it make there, then down again to find buyers ... the way the shorts covered under 1180 is a little bit suspicious or at least short lived !
"It's the Margin, Stupid."
  • #868,029
  • Jan 6, 2014 4:14am Jan 6, 2014 4:14am
Quoting milam
missed a good trade just above 36 for a 10 pips target, never mind…..Done for the day, I will not even try to trade this…...2 trades today, taken home +1%...
smart. i think i'm calling it too. bye guys
  • #868,030
  • Jan 6, 2014 4:20am Jan 6, 2014 4:20am
Again bear lost short term momentum. Another bounce possible now with 3650-3700 target.
You cannot learn better without losing
  • #868,031
  • Jan 6, 2014 4:23am Jan 6, 2014 4:23am
Quoting Vachus
{quote} MAX 1250 /1265 - if we it make there, then down again to find buyers ... the way the shorts covered under 1180 is a little bit suspicious or at least short lived !
Check summer 2010. This goes beyond Daily Timframe. Could be a bigger correction.
The Thief of Wall Street
  • #868,032
  • Jan 6, 2014 4:30am Jan 6, 2014 4:30am
Quoting Chicky
{quote} Check summer 2010. This goes beyond Daily Timframe. Could be a bigger correction.
Bilalmajeed Bhai predicts 15xx
The Thief of Wall Street
  • #868,033
  • Jan 6, 2014 4:32am Jan 6, 2014 4:32am
Fail to push down below 3600 is a sign of another bounce. Damn it
You cannot learn better without losing
  • #868,034
  • Jan 6, 2014 4:41am Jan 6, 2014 4:41am
Quoting Chicky
{quote} Check summer 2010. This goes beyond Daily Timframe. Could be a bigger correction.
What was in the past, doesn't belong to the present ... Before the drop , everyone was looking at 1450 as a possible low for the second leg up ! The fundamentals of 2010 and expectation are not the same in 2013 , in fact there is a little bit of reverse ... regrading inflation & India demand.

* Needless to say, with all the optimism in the markets, we still can't take the high of the last decent selling candle. (15 Dec )
"It's the Margin, Stupid."
  • #868,035
  • Jan 6, 2014 4:42am Jan 6, 2014 4:42am
Quoting hathor
As you can see, there were at least 2 signs, that made me sure EurUsd won't go higher (for a while)...now we need a good entry point for going lower. And with this last down move, the EurUsd took the last move's fibo50% (1.374-500) under the weekly open level. And EurUSd lives&dies for the fibo50%. But it would be too nice to be true, so will see. {image}
wouldn't be surprised, if it reach 1.37000-1.37300 (but looking for the down move from 1.36500)
under 1.37300 bear territory
f(z)=z2+c
  • #868,036
  • Jan 6, 2014 4:50am Jan 6, 2014 4:50am
FX Rat back and reporting for duty
Update: longs seems to be good intra day call by FXRAT
Let's see if this move continues through the US Session and
Makes it through ISM news at 10 eastern
rat
  • #868,037
  • Jan 6, 2014 4:56am Jan 6, 2014 4:56am
mohan mate were are you, are you in on aussie ??
If you are new to Forex? Say Goodbye to your account!!
  • #868,038
  • Jan 6, 2014 5:18am Jan 6, 2014 5:18am
entered long @ .3610 SL BE +1
and a short at .3620 with sl @ .3625 since it could drop like a brick if upmove doesnt continue from this point
i know its a small range to work with but safe nonetheless
  • #868,039
  • Jan 6, 2014 5:23am Jan 6, 2014 5:23am
EU D1

Relatively strong bearish momentum last thurs/fri could see this as a p/b en route to 550
Attached Image (click to enlarge)
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  • #868,040
  • Jan 6, 2014 6:24am Jan 6, 2014 6:24am
Hey guyz morning

Hope it will turn out to be a good day.
Bias is neutral for now
but there is room on both sides for some profitssss
MMMYYYKKK
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