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EURUSD

  • #868,801
  • Jan 8, 2014 8:01am Jan 8, 2014 8:01am
not supported long movement now
  • #868,802
  • Jan 8, 2014 8:04am Jan 8, 2014 8:04am
?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD(Daily)20140108090221.png Size: 41 KB
  • #868,803
  • Jan 8, 2014 8:09am Jan 8, 2014 8:09am
Quoting viitrader
{quote} http://www.forexfactory.com/attachme...9&d=1389149744
i see a motorbike hehehe
fokyou forexfactory
  • #868,804
  • Jan 8, 2014 8:11am Jan 8, 2014 8:11am
Quoting maximinus
Is there a rule in EW principles that say that a wave 4 can't retrace more than 50% of wave 3 ? Thanks.
Wikipedia :

Wave 4: Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three (see Fibonacci relationships below). Volume is well below than that of wave three. This is a good place to buy a pull back if you understand the potential ahead for wave 5. Still, fourth waves are often frustrating because of their lack of progress in the larger trend.
Don't be smart. Be rich.
  • #868,805
  • Jan 8, 2014 8:11am Jan 8, 2014 8:11am
Quoting DNTme
{quote} i see a motorbike hehehe
Lol and how do you trade "a motorbike" patern?
  • #868,806
  • Jan 8, 2014 8:13am Jan 8, 2014 8:13am
Quoting Shalaka
{quote} Lol and how do you trade "a motorbike" patern?
Just ride it! have fun and ride! let wind to blow up you hair and morning chill to snap your face..this is a KODAK moment lol
fokyou forexfactory
  • #868,807
  • Jan 8, 2014 8:13am Jan 8, 2014 8:13am
Holding few longs in EU still



http://www.myfxbook.com/members/spartans/eurusd/794559
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Forex Learner
  • #868,808
  • Jan 8, 2014 8:13am Jan 8, 2014 8:13am
Bulls have woken up .......i think not for long
  • #868,809
  • Jan 8, 2014 8:14am Jan 8, 2014 8:14am
Quoting DNTme
{quote} go short...somebody need to do feed this beast im long 83 {image}
20 pips on half..BE

huhaa
fokyou forexfactory
  • #868,810
  • Jan 8, 2014 8:19am Jan 8, 2014 8:19am
i don't want take profit in 3612, i want more
  • #868,811
  • Jan 8, 2014 8:30am Jan 8, 2014 8:30am
i don't speak for scalping few pips ...
  • #868,812
  • Jan 8, 2014 8:35am Jan 8, 2014 8:35am
Quoting Ken A
{quote} It's not healthy talking to yourself by quoting your own post
There is no surfer left in this room, and I was too lazy for posting in Markus thread. Anyway I was wrong in my wave count killing the time as I can….If I troll, Vachus will ban me, the last time he pushed the ignore button, when i trolled with you and fflleo waiting the last show of Bernanke.

The next time I'll try to ask a very fundamental question.
Don't be smart. Be rich.
  • #868,813
  • Jan 8, 2014 8:42am Jan 8, 2014 8:42am
Quoting Ken A
{quote} That guy is miserable
No no, you're completely wrong. He's a fundamental Master.
Don't be smart. Be rich.
  • #868,814
  • Jan 8, 2014 8:43am Jan 8, 2014 8:43am
Quoting naidra
i don't want take profit in 3612, i want more
you may want to book some profit as it might retest the low (or at least take out your SL) before it goes up to 3617-21
  • #868,815
  • Jan 8, 2014 8:47am Jan 8, 2014 8:47am
Quoting naidra
i don't want take profit in 3612, i want more
probably at .364*
  • #868,816
  • Jan 8, 2014 8:50am Jan 8, 2014 8:50am
Quoting Alfx14
Bulls have woken up .......i think not for long
nope, at least not today. this is just a taste of what will happen on friday on the NFP data. same strat, short before the data release then long after market reaction then that's the time the bulls might start a very angry run again.
The fact that today showed lower high and lower low vs yesterday's (and posted a new low vs friday's low) could be a sign of further downside.
  • #868,817
  • Jan 8, 2014 8:56am Jan 8, 2014 8:56am
My line in the sand for UJ :
>104.90 buy and SL < 104.70
<104.70 sell and SL > 104.90
Don't be smart. Be rich.
  • #868,818
  • Jan 8, 2014 8:57am Jan 8, 2014 8:57am
Well, or I will lose some money today or all the bears is turning bulls in trade explorer and they will win.

I cannot see the PA going above current levels much longer.

Time to wait and see if I will SL all my short trades around 1.36

My setup for 1.3577 break is about to fail, I am almost closing all with lost.
Not even the first TP at 1.3564 was achieved. Welcome to forex!!

Sl only in my head, this time I will not reveal, but it's easy to find out.
  • #868,819
  • Jan 8, 2014 8:58am Jan 8, 2014 8:58am
Terrible position i'm in.

Will exit @ 1.3640 area

Regards
  • #868,820
  • Jan 8, 2014 8:58am Jan 8, 2014 8:58am
market stalled, could be consolidation from hereon. FOMC minutes later this afternoon could drive prices down again to an even lower low. go long by then. good luck.
I missed the euro action as I was stuck in AUD, was able to recover my losses from yesterday though and got a decent profit as a bonus.
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