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  • #873,241
  • Jan 30, 2014 7:43am Jan 30, 2014 7:43am
Quoting SupaMonkey
It has just double bottomed on the 1 min chart and that coincides with a support turned resistance on the 4 hour chart. I don't think we are going to see any more movement south
support turning resistance will stop it rising not falling....
  • #873,242
  • Jan 30, 2014 7:43am Jan 30, 2014 7:43am
Quoting DNTme
{quote} you laugh of other trader pain?.... No worries, i know i would lose at some moment...hope not today, not in this trade. Im up for today 4.1% on others pairs...down 8.5 in euro!!! nice... EDIT: seems you are trading me ... lol..
ok, we did a lower low, looking good TO ME for UP UP

..but if i am wrong..where to bail???..

Im average overall @ 3602
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fokyou forexfactory
  • #873,243
  • Jan 30, 2014 7:47am Jan 30, 2014 7:47am
Quoting MaxDoom
{quote} support turning resistance will stop it rising not falling....
Put a horizontal line through 3578 and look at it on all time zones.
  • #873,244
  • Jan 30, 2014 7:47am Jan 30, 2014 7:47am
That is a dangerous game you're playing mate.. odds are you'll probably get 1.3653, eventually. I was unhappy last night, but now I'm very glad I kept my stop as tight as I did. Too low to sell, yet not safe to buy for me.. back to bed!
  • #873,245
  • Jan 30, 2014 7:50am Jan 30, 2014 7:50am
Quoting Miguel.N
{quote} ... some technical problems -> launch fail ! -) {image}
Quoting DNTme
{quote} EURO has just filled the tank! up up up {image}
-(( ...i'll say -> it sell an agressive short to kill all the longs ! ...i'll not be surprise to see 1.34 in one go !? ..but for me today is enough with 60 pips in the pocket, closed all trades ! ...now i need some rest ! -)
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  • #873,246
  • Jan 30, 2014 7:51am Jan 30, 2014 7:51am
Quoting DNTme
{quote} ok, we did a lower low, looking good TO ME for UP UP ..but if i am wrong..where to bail???.. Im average overall @ 3602 {image}

Crazy, why so many trades ? Better take some good ones at a specific level than so many on different irrelevant levels, but it's only me

GL managing them mate
COT: The precious data ignored
  • #873,247
  • Jan 30, 2014 7:52am Jan 30, 2014 7:52am
Quoting Miguel.N
{quote} {quote} -(( ...i'll say -> it sell an agressive short to kill all the longs ! ...i'll not be surprise to see 1.34 in one go !? ..but for me today is enough with 60 pips in the pocket, closed all trades ! ...now i need some rest ! -) {image}
Enjoy.

I swallow some pain atm...but im used with that, so, its more a adrenaline shot to me
fokyou forexfactory
  • #873,248
  • Jan 30, 2014 7:52am Jan 30, 2014 7:52am
Quoting kuroro001
{quote} Crazy, why so many trades ? Better take some good ones at a specific level than so many on different irrelevant levels, but it's only me GL managing them mate
Its crazy, or looks like that..but its me

Thanks!

Most of the times, i do not know the exact moment where the pair it will turn, so i spread my risk in small trades over few various levels.Works for me.
fokyou forexfactory
  • #873,249
  • Jan 30, 2014 7:53am Jan 30, 2014 7:53am
Quoting MaxDoom
{quote} support turning resistance will stop it rising not falling....
Quoting SupaMonkey
{quote} Put a horizontal line through 3578 and look at it on all time zones.
you are missing the point your terminology messed up....

if SUPPORT turns to RESISTANCE then a level that previously supported the price (stopped it falling) is now resisting the price (stopping it rising)
  • #873,250
  • Jan 30, 2014 7:53am Jan 30, 2014 7:53am
Yeah, I feel shit, because I'm in, and it's a stinky situation....would have been a better idea to take a brake today, just as yesterday evening.
f(z)=z2+c
  • #873,251
  • Jan 30, 2014 7:59am Jan 30, 2014 7:59am
Quoting DNTme
{quote} Its crazy, or looks like that..but its me Thanks! Most of the times, i do not know the exact moment where the pair it will turn, so i spread my risk in small trades over few various levels.Works for me.
Been doing it in the past...until i blew everything up.

So now, long/short on specific level regarding PA and stop near it works better for me

All the best !!
COT: The precious data ignored
  • #873,252
  • Jan 30, 2014 7:59am Jan 30, 2014 7:59am
Quoting MaxDoom
{quote} {quote} you are missing the point your terminology messed up.... if SUPPORT turns to RESISTANCE then a level that previously supported the price (stopped it falling) is now resisting the price (stopping it rising)
Are you a forum troll, did you even look at the chart?

On the 5, 8, 9, 15 and 16th that price was a support, then it broke and turned into resistance on the 22nd. Then it was blasted through by news on the 23rd and is where we are now with it acting potentially as a support.
  • #873,253
  • Jan 30, 2014 8:00am Jan 30, 2014 8:00am
Weekly TF still good bull, crazy bear again find another unnecessary support after breaking LTL
You cannot learn better without losing
  • #873,254
  • Jan 30, 2014 8:02am Jan 30, 2014 8:02am
Quoting SupaMonkey
{quote} Are you a forum troll, did you even look at the chart? On the 5, 8, 9, 15 and 16th that price was a support, then it broke and turned into resistance on the 22nd. Then it was blasted through by news on the 23rd and is where we are now with it acting potentially as a support.
He is more like a troll spotter...if he got you in his radar watch out
COT: The precious data ignored
  • #873,255
  • Jan 30, 2014 8:05am Jan 30, 2014 8:05am
Quoting DNTme
{quote} ok, we did a lower low, looking good TO ME for UP UP ..but if i am wrong..where to bail???.. Im average overall @ 3602
Looks good to go up to your average. Just don't add more.
  • #873,256
  • Edited 9:13am Jan 30, 2014 8:06am | Edited 9:13am
Quoting SupaMonkey
{quote} Are you a forum troll, did you even look at the chart? On the 5, 8, 9, 15 and 16th that price was a support, then it broke and turned into resistance on the 22nd. Then it was blasted through by news on the 23rd and is where we are now with it acting potentially as a support.
you could of just said you got your words mixed up.... but instead you come back at me with name calling...

so let me break it down for you..... you said

Quoting SupaMonkey
It has just double bottomed on the 1 min chart and that coincides with a support turned resistance on the 4 hour chart. I don't think we are going to see any more movement south
basically saying that you think price cannot go lower only higher from here......

as I pointed out to you if SUPPORT turns to RESISTANCE then it stops the price going UP not DOWN........


edit: I see by your last post you meant support after - well spank a monkey I was right all along.....

Quoting SupaMonkey
{quote} Are you a forum troll, did you even look at the chart? On the 5, 8, 9, 15 and 16th that price was a support, then it broke and turned into resistance on the 22nd. Then it was blasted through by news on the 23rd and is where we are now with it acting potentially as a support.
  • #873,257
  • Jan 30, 2014 8:12am Jan 30, 2014 8:12am
Sucks trading from US time zone miss so much in weee hours
  • #873,258
  • Jan 30, 2014 8:15am Jan 30, 2014 8:15am
Quoting kuroro001
{quote} Cheers, still short bias for the moment though US GDP on watch!

Meh. its gonna take a whole lot more to change the sentiment at this point. and i don't even trade based on fundies. every move i have taken was according to action presented in the past months.
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #873,259
  • Jan 30, 2014 8:21am Jan 30, 2014 8:21am
Quoting MaxDoom
{quote} you could of just said you got your words mixed up.... but instead you come back at me with name calling... so let me break it down for you..... you said {quote} basically saying that you think price cannot go lower only higher from here...... as I pointed out to you if SUPPORT turns to RESISTANCE then it stops the price going UP not DOWN........ so I mistakenly thought you had your words mixed up, but of course I realize now that you are just an idiot..... edit: I see by your last post you meant support after - well spank a monkey I was...
You're trolling me surely. It doesn't matter if it is S turned R or R turn S, the next time it approaches the price it will react to it. Since it was blasted through by news, that time is now.
  • #873,260
  • Jan 30, 2014 8:24am Jan 30, 2014 8:24am
I think of Europe compared to US like this.


US: averted crisis, recovered.
Europe: is about to go further into crisis, hasn't even begun(id take it back, begun, due to what Dragi said at the presser) to build a plan to get them out of it.
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
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