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  • #871,181
  • Jan 21, 2014 5:50am Jan 21, 2014 5:50am
Quoting giveachance
{quote} No they haven't bought it. My guess is they may buy 1.350x area and if it doesn't rebound from there we go to 1.3470 today itself
I guess time will tell, it's a mess right now, bouncing on every new lows
COT: The precious data ignored
  • #871,182
  • Jan 21, 2014 5:52am Jan 21, 2014 5:52am
Quoting Vachus
{quote} I have been observing the buyers candles at 1.353X early london .... the selling pressure over whelming ! I'm still waiting for an entry to buy , but i have no faith in the trade.
Yes sellers look stronger, but could be fake, as all the reversal m5 candle are for the bulls, but we keep printing new lows. Could be some sort of accumuluation for a move up later in the day (but possible squeeze first to clear everybody)

I'm just trying small longs
COT: The precious data ignored
  • #871,183
  • Jan 21, 2014 5:55am Jan 21, 2014 5:55am
Quoting kuroro001
{quote} I guess time will tell, it's a mess right now, bouncing on every new lows

sloppy moves in 1 direction usually result in a cleaner wipeout the other direction
anyway, i don't know either. time will tell. i might be paranoid but absent our discusion i do think we're going up but it's too early to say
it's hard to have much faith at the moment both from the over-discussion and also because we're technically still in bearish territory betting on a whipsaw so the time horizon has very high variance
  • #871,184
  • Jan 21, 2014 6:00am Jan 21, 2014 6:00am
Quoting eurusd_trade
{quote} sloppy moves in 1 direction usually result in a cleaner wipeout the other direction anyway, i don't know either. time will tell. i might be paranoid but absent our discusion i do think we're going up but it's too early to say it's hard to have much faith at the moment both from the over-discussion and also because we're technically still in bearish territory betting on a whipsaw so the time horizon has very high variance
And here goes the move down 1mn before hourly close...lol they are good
COT: The precious data ignored
  • #871,185
  • Jan 21, 2014 6:01am Jan 21, 2014 6:01am
Attached Image (click to enlarge)
Click to Enlarge Name: ed1.PNG Size: 27 KB
  • #871,186
  • Jan 21, 2014 6:03am Jan 21, 2014 6:03am
Quoting kuroro001
{quote} And here goes the move down 1mn before hourly close...lol they are good
you can't win them all. i'm still sl at 1.3500 if i get stopped out i get stopped out
  • #871,187
  • Jan 21, 2014 6:06am Jan 21, 2014 6:06am
Quoting eurusd_trade
{quote} you can't win them all. i'm still sl at 1.3500 if i get stopped out i get stopped out
I wish not but if this would be me, the market would hit my sl by 1-2 points and then immediately turn around
good luck
  • #871,188
  • Jan 21, 2014 6:08am Jan 21, 2014 6:08am
Quoting Stev1929
{quote} Morning Pips
good afternoon Stev
just got your PM when I came on a few mins ago
glad to hear all is working well for you
keep up the good work buddy
Trade What You See Not What You Want To See
  • #871,189
  • Jan 21, 2014 6:11am Jan 21, 2014 6:11am
Quoting pipsallday
{quote} good afternoon Stev just got your PM when I came on a few mins ago glad to hear all is working well for you keep up the good work buddy
Thanks mate, needs a little tweeking but gains are now regular and the few losses are killed off without hesitation
  • #871,190
  • Jan 21, 2014 6:18am Jan 21, 2014 6:18am
Quoting rendite
Yeah, read this too on the Alpari site yesterday; On Tuesday, watch out for the potential announcement from the German constitutional court with regards to their ruling in relation to the OMT programme. This has been postponed on a number of occasions and thus I am a little skeptical as to whether we will see it this week. However, be aware that should we hear that they do not see the OMT programme as constitutional, it could cause significant shockwaves in the markets.
Thanks for that. But I can see nothing from here. Normally they will launch an appointment in order to make it public. I think it will not come out of the off
  • #871,191
  • Jan 21, 2014 6:18am Jan 21, 2014 6:18am
Quoting Stev1929
{quote} Thanks mate, needs a little tweeking but gains are now regular and the few losses are killed off without hesitation

that's good hear
GREED sets in both ways you need to know when to cut your losses and walk away
Trade What You See Not What You Want To See
  • #871,192
  • Jan 21, 2014 6:21am Jan 21, 2014 6:21am
Uhh... Euro is on her period, like womens...lol lost 13 pips. Closed g/a for + 50 + 24 pips
fokyou forexfactory
  • #871,193
  • Jan 21, 2014 6:21am Jan 21, 2014 6:21am
Quoting pipsallday
{quote} that's good hear GREED sets in both ways you need to know when to cut your losses and walk away
I am indifferent to cutting losses now, they are just another part of trading, and that's how you stay in the game!
  • #871,194
  • Jan 21, 2014 6:26am Jan 21, 2014 6:26am
Quoting Stev1929
{quote} Thanks mate, needs a little tweeking but gains are now regular and the few losses are killed off without hesitation
1st trade today just keeping it simple
Attached Image (click to enlarge)
Click to Enlarge Name: Trade 21 01 14.PNG Size: 58 KB
Trade What You See Not What You Want To See
  • #871,195
  • Jan 21, 2014 6:27am Jan 21, 2014 6:27am
Quoting Stev1929
{quote} I am indifferent to cutting losses now, they are just another part of trading, and that's how you stay in the game!
Very refreshing
  • #871,196
  • Jan 21, 2014 6:28am Jan 21, 2014 6:28am
Quoting DNTme
Uhh... Euro is on her period, like womens...lol lost 13 pips. Closed g/a for + 50 + 24 pips

was better to stop in at 4x instead of wasting energy on an antidirectional trade huh, trying to make the extra 15 pips and now getting a -10pip mtm, time will tell if trying for extra pips was worth the increased risk of a stop out (no risk, no reward)
  • #871,197
  • Jan 21, 2014 6:31am Jan 21, 2014 6:31am
Quoting infinitus
{quote} Thanks for that. But I can see nothing from here. Normally they will launch an appointment in order to make it public. I think it will not come out of the off
Danke infinitus..schon abgehakt
  • #871,198
  • Jan 21, 2014 6:32am Jan 21, 2014 6:32am
Quoting hathor
Morning! The orange ABCD should happen to confirm the trend-change. The blue ABCD targeted to the yearly pivot point at 1.34750. Note: this is just a personal view, and it's just a scetch, so the beginnings and endings of the lines are not rocket-science punctual. Have a good day! {image}
High five!
After the orange ABCD-pattern was completed, we are possibly heading to the yearly pivot point, while finishing the blue ABCD-pattern.

~1.35231 - previous bottom area
~1.34751 - daily oversold at yearly PP & WP
Attached Image (click to enlarge)
Click to Enlarge Name: 2014.01.16. ABCD.png Size: 36 KB
f(z)=z2+c
  • #871,199
  • Jan 21, 2014 6:41am Jan 21, 2014 6:41am
today definately a fustrating day for traders. anyway heres how i trade today , clear and simple
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 67 KB
  • #871,200
  • Jan 21, 2014 6:44am Jan 21, 2014 6:44am
Quoting pipsallday
{quote} 1st trade today just keeping it simple {image}

what was your sl???????
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