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  • #876,441
  • Feb 12, 2014 10:27am Feb 12, 2014 10:27am
Quoting ud1nh0
{quote} thanks regarding GU can few more pips bring to 1.70? OOT, which is the working ratio? 23.6 or 61.8??
I can't answer your questions.The vagueness of what you are asking is baffling me.
Maybe someone else can answer.
In trading, you have to be defensive and aggressive at the same time
  • #876,442
  • Feb 12, 2014 10:33am Feb 12, 2014 10:33am
Quoting Davit
{quote} I can't answer your questions.The vagueness of what you are asking is baffling me. Maybe someone else can answer.
no prob. this method still confusing for me.
thx.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #876,443
  • Feb 12, 2014 10:56am Feb 12, 2014 10:56am
PA looks good to me ; Holding my shorts ideally till 1.3475 with moving sl
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  • #876,444
  • Edited 11:22am Feb 12, 2014 11:04am | Edited 11:22am
...i am going underwater to help guys trading longs , i bring them some oxygene , where are you guys ? -)))

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  • #876,445
  • Feb 12, 2014 11:06am Feb 12, 2014 11:06am
Quoting Davit
{quote} I am out of EU trades Flat closed all in profit.Just GU trades now If price drops to 3522 most likely will hit 35 or even 3480. That entire area actually. Some traders ... can't be exact.This is why I don't put lot of importance on pivots. Regards
Very well said; Thank you sir.
Now as you closed your shorts of EU, would you consider it to long at some area? or you will wait to move it up to some point/zone and start building again short positions?

Thank you again very much.
  • #876,446
  • Feb 12, 2014 11:15am Feb 12, 2014 11:15am
Quoting tankokjian
very nice place to scalp . think price will consolidate here.. {image}
Hello sir
what is yr indicator?
thanks
  • #876,447
  • Edited 11:36am Feb 12, 2014 11:15am | Edited 11:36am
Quoting Davit
{quote} I am out of EU trades Flat closed all in profit.Just GU trades now If price drops to 3522 most likely will hit 35 or even 3480. That entire area actually. Some traders always put exact number on things but keep in mind price travels to price zones and that could be as wide as 40pips. We tend to think in western culture everything is measured and can be dissected.Markets are dynamic.Its a living thing hence one can't say if price hits 3623 then I am going long.You read a lot of posts like that and markets don't work like that.Price can go...
...no bad mate, and for me, on the eur/aud i managed to take 300 pips since mondays when i started to shout short ! ...crazy forex, yee haaa -))
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  • #876,448
  • Feb 12, 2014 11:20am Feb 12, 2014 11:20am
Quoting Miguel.N
{quote} ...for me, on the eur/aud i managed to take 300 pips since mondays when a start to shout short ! ... hee yaa -)) {image}
That was clever. Anyway, I think the Euro lost all its momentum now. I see no reason for buying into the current weakness. We will probably see more moves this week. Maybe even the 1,3400 might be tested.
Fix up, trade sharp ...
  • #876,449
  • Feb 12, 2014 11:29am Feb 12, 2014 11:29am
Quoting milam
I feel bulls are starting to feel trapped.

Wherever you go, there you are.
  • #876,450
  • Feb 12, 2014 11:34am Feb 12, 2014 11:34am
Quoting Hickson
{quote} That was clever. Anyway, I think the Euro lost all its momentum now. I see no reason for buying into the current weakness. We will probably see more moves this week. Maybe even the 1,3400 might be tested.
...it depend, may be some guys here want to beat the world record for deepest dive, we never know the intention of people !? -))

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  • #876,451
  • Edited 12:29pm Feb 12, 2014 11:41am | Edited 12:29pm
Quoting Davit
{quote} ... I don't put lot of importance on pivots. Regards
I pay attention to pivot. Price tend to swing around pivot, no matter it is weekly pivot or monthly pivot. If price miss pivot once, it will try to touch next pivot. In very rare cases, if price misses pivot twice, it surely will touch the third pivot. I am referring to pivot, not R1 or S1. Just pivot itself. This rule of thumb (my rule of toe) also works on 4 hr time frame.
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My rule of toe,
Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #876,452
  • Feb 12, 2014 11:44am Feb 12, 2014 11:44am
19:33 02/12 Noyer: USD increasing vs EUR would be logical
19:29 02/12 ECB’s Noyer: Strength of EUR “curious” when looking at the recovery of the Eurozone compared to the US

Something is changing fundamentally.
  • #876,453
  • Feb 12, 2014 11:53am Feb 12, 2014 11:53am
...and it's so beautifull down there, that i understand why some guys love to go underwater ! -)

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  • #876,454
  • Feb 12, 2014 12:01pm Feb 12, 2014 12:01pm
Quoting ffleo
{quote} I pay attention to pivot. Price tend to swing around pivot, no matter it is weekly pivot or monthly pivot. If price miss pivot once, it will try to touch next pivot. In very rare cases, if price misses pivot twice, it surely will touch the third pivot. I am referring to pivot, not R1 or S1. Just pivot itself. This rule of thumb (my rule of toe) also works on 4 hr time frame. {image} My rule of toe, {image}
some guys may be under stress holding cable shorts. Have a look where is the next month pivot located for cable. Sure the pivot can go higher with price, but the pivot will always be lower than the price.

Euro went so much high in December and missed the monthly pivot. In January it decided to touch January pivot and even more it dropped below it.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #876,455
  • Edited 2:03pm Feb 12, 2014 12:25pm | Edited 2:03pm
...now i am tired, i need some rest, but not under water ! -)) ...maybe see you tomorrow inshaAllah !? -)

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  • #876,456
  • Feb 12, 2014 12:28pm Feb 12, 2014 12:28pm
EU 15


Potential failed pattern...

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Not often we post these
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  • #876,457
  • Feb 12, 2014 1:28pm Feb 12, 2014 1:28pm
Quoting Miguel.N
...i am going underwater to help guys trading longs , i bring them some oxygene , where are you guys ? -))) {image}
Why you always laugh about bulls? Nothing wrong about take longs only this time is against trend.
Agree oxygene need for thos 1.4 dreamers.
Once scalper always scalper
  • #876,458
  • Feb 12, 2014 1:36pm Feb 12, 2014 1:36pm
Quoting JimmyC
EU 15 Potential failed pattern... {image} Not often we post these {image}
Ascending Triangle. One of my favorite patterns to play, it gives opportunities both ways depending on successful or failed pattern.
  • #876,459
  • Feb 12, 2014 1:48pm Feb 12, 2014 1:48pm
dead flat http://charts.mql5.com/3/872/eurusd-...rkets-as-2.png
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #876,460
  • Feb 12, 2014 1:57pm Feb 12, 2014 1:57pm
Quoting 786 trading
PA looks good to me ; Holding my shorts ideally till 1.3475 with moving sl {image}
SL from where can i ask?
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