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EURUSD

  • #868,661
  • Jan 8, 2014 1:18am Jan 8, 2014 1:18am
I am really rethinking eur bearish beginning to think north.
  • #868,662
  • Jan 8, 2014 1:20am Jan 8, 2014 1:20am
Quoting pawpaw1000
{quote} Well, on M30 you can see the bottoms of those candles at the bottom of range have been very well protected and scaling down to even smaller TF you might see patterns. I'm looking for top of range but 3616 and 3621 are crucial... IF we break the bottom, I'm flat and could even turn bearish seeing as the bullish attempt was flaunted

i 'am long since 3623 ....looking for an exit
  • #868,663
  • Jan 8, 2014 1:25am Jan 8, 2014 1:25am
Quoting bonnzi
{quote} i 'am long since 3623 ....looking for an exit


Why didn't you get out when you saw the market falling?

Remember, we are in a H1 range and so it should be Buy Low and Sell High...

EDIT: If we break yesterdays low, you could find yourself in BIG trouble...
@pawpaw1000 on Twitter
  • #868,664
  • Jan 8, 2014 1:30am Jan 8, 2014 1:30am
Bear moving seriously which is unexpected before ECB press conference.
If it fail bull will advance tomorrow. I wish bear will be happy with range until tomorrow.
You cannot learn better without losing
  • #868,665
  • Jan 8, 2014 1:33am Jan 8, 2014 1:33am
May have to register to view newer updates, but here's a snap this link of OrderFlowForex's Eur/Usd Order Board that was just updated a bit ago:

Good luck today E/U traders!
Attached Image
  • #868,666
  • Jan 8, 2014 1:34am Jan 8, 2014 1:34am
shorted @ 3608 on the breakout...aiming for 3577..or under a bit..;but still looking to have a nice place to long this for 3788..
fokyou forexfactory
  • #868,667
  • Jan 8, 2014 1:35am Jan 8, 2014 1:35am
Quoting pawpaw1000
{quote} Why didn't you get out when you saw the market falling? Remember, we are in a H1 range and so it should be Buy Low and Sell High...
why.... i am a fucking newbie thats why
good thing is i am playing minimum lots so not really winning or losing anything but still....long way ahead of me
  • #868,668
  • Jan 8, 2014 1:36am Jan 8, 2014 1:36am
I don't know why people buy, when every bull move is erased by the bears...?
Attached Image (click to enlarge)
Click to Enlarge Name: 2014.01.08..png Size: 30 KB
f(z)=z2+c
  • #868,669
  • Jan 8, 2014 1:36am Jan 8, 2014 1:36am
Quoting bonnzi
{quote} why.... i am a fucking newbie thats why good thing is i am playing minimum lots so not really winning or losing anything but still....long way ahead of me


Well, watch yesterdays low...
@pawpaw1000 on Twitter
  • #868,670
  • Jan 8, 2014 1:38am Jan 8, 2014 1:38am
Be very careful all bulls out there, wait at least for a new low at 1.3550/60 area to try longs, my daily charts are telling me that we are going to below levels under 1.3470, but everything can happen, this is Forex, right!
  • #868,671
  • Jan 8, 2014 1:38am Jan 8, 2014 1:38am
Quoting hathor
I don't know why people buy, when every bull move is erased by the bears...? {image}
Ever heard of a bull flag? Every move gets killed by the bears until it doesn't...

Also look at the thrusts up on 6 and 7 january, higher low? Today also possibly higher low?

Market has a tendancy to keep doing what it has been doing...

Not saying this is the case here
@pawpaw1000 on Twitter
  • #868,672
  • Jan 8, 2014 1:41am Jan 8, 2014 1:41am
for me it is still too early to decide what to do in EU, there is no clear established direction atm on the TF i'm looking at, definitely not the most active cross out there...
obv support 1.36, res 1.3650
maybe try a long scalp on the support zone here or a small break, but i'm not bothering to do it
  • #868,673
  • Jan 8, 2014 1:44am Jan 8, 2014 1:44am
new 3 short supported singnals in euro usd .. next target 1,345
  • #868,674
  • Jan 8, 2014 1:46am Jan 8, 2014 1:46am
Quoting cxgiugn
new 3 short supported singnals in euro usd .. next target 1,345


Sure seems adamant... On the verge of breaking down
@pawpaw1000 on Twitter
  • #868,675
  • Jan 8, 2014 1:46am Jan 8, 2014 1:46am
Quoting eurusd_trade
for me it is still too early to decide what to do in EU, there is no clear established direction atm on the TF i'm looking at, definitely not the most active cross out there...
Wrong!

Try to understand market dynamic and sentiment and learn how to interpret daily and weekly candles, lines and levels will help you to try break outs and resistance and supports.

Can't you see the last 4 weekly candles? No more juice from there to the upside until new retrace is done, do you think the retrace will stop at current levels? NO
  • #868,676
  • Jan 8, 2014 1:46am Jan 8, 2014 1:46am
Quoting pawpaw1000
{quote} Ever heard of a bull flag? Every move gets killed by the bears until it doesn't... Also look at the thrusts up on 6 and 7 january, higher low? Today also possibly higher low? Market has a tendancy to keep doing what it has been doing... Not saying this is the case here
bull flag? would you attach a pic please?
the only reason I wouldbuy is because there could be a butterfly on H1, but under 1.35950 it's dead formation imo.
imo if it would like to go higher, than yesterday was the perfect day, but got chopped down at 1.36500, while there was a "kiddo bear".
f(z)=z2+c
  • #868,677
  • Jan 8, 2014 1:47am Jan 8, 2014 1:47am
Attached Image (click to enlarge)
Click to Enlarge Name: sell.png Size: 36 KB
  • #868,678
  • Jan 8, 2014 1:47am Jan 8, 2014 1:47am
Quoting pawpaw1000
{quote}Every move gets killed by the bears until it doesn't...
Saw that too many times to know its possible.

Notice the mother candle? 3 times it tried to break up and failed, now its time to test the lower side...we'll see how that will happen...but im still looking to long this on deep
Attached Image (click to enlarge)
Click to Enlarge Name: euro.PNG Size: 65 KB
fokyou forexfactory
  • #868,679
  • Jan 8, 2014 1:48am Jan 8, 2014 1:48am
Quoting usernamehere
{quote} ...not to mention the noted ACB selling
now this is adding to momentum toward the stops.. EURGBP- two way action pits EU corp bids against real money sellers pushing towards stops below .8270
  • #868,680
  • Jan 8, 2014 1:49am Jan 8, 2014 1:49am
Quoting BoredToLoose
{quote} Wrong! Try to understand market dynamic and sentiment and learn how to interpret daily and weekly candles, lines and levels will help you to try break outs and resistance and supports. Can't you see the last 4 weekly candles? No more juice from there to the upside until new retrace is done, do you think the retrace will stop at current levels? NO

i am trading on faster TF than you (intraday). i couldn't care less about weekly candles except for big key levels. ok edit that's not entirely true that i don't look at the weekly charts. but for what i was posting i'm talking about scalping not longer term trades
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