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  • #883,201
  • Edited 5:16pm Mar 13, 2014 4:39pm | Edited 5:16pm
Quoting Miguel.N
{quote} ...i wish, but my magic line never never lie to me -> i am fully loaded for up because we have seen the lowest !
Maybe, this is Forex, everything is possible.

If the retrace never ends and exceeds the last highest high then good for you.

I have my signals and they say "donīt go long". Everytime I wanted to be more clever than my signals I got kicked into the a** severely.

So my best wishes to your trading Miguel, I prefer to wait. Canīt reach my weekly goal of 20% anyway of mistakes I made erarlier this week so I have to be content with 10% which were difficult enough to gain anyway. I do not expect to make a trade tomorrow cause I have to walk the dogs intensively -
  • #883,202
  • Mar 13, 2014 4:45pm Mar 13, 2014 4:45pm
Quoting CandleStar
{quote} Maybe, this is Forex, everything is possible. If the retrace never ends end exceeds the last highest high then good for you. I have my signals and they say "donīt go long". Everytime I wanted to be more clever than my signals I got kicked into the a** severely. So my best wishes to your trading Miguel, I prefer to wait. Canīt reach my weekly goal of 20% anyway of mistakes I made erarlier this week so I have to be content with 10% which were difficult enough to gain anyway. I do not expect to make a trade tomorrow cause I have to walk the...
it's up to you mate -> i don't miss an up or a down move ! Forex is crazy so you have to be crazy like me to be able to follow it -> la gente esta muy loca, haha -)
  • #883,203
  • Mar 13, 2014 4:52pm Mar 13, 2014 4:52pm
Quoting Miguel.N
...oh shiiiiit -> a magic line came out -> a signal for a up move like that ! ...i hope the shorting guys are not sleeping, they'll have a bad surprise ! -( {image}
This is what I see Miguel, your 'magic line' is the purple one...

I would wait to see if the bounce at 1H has enough power to get through 1.388x-1.39 (fibs 23.6-38.2) and after that I would wait to see if the bounce also breaks the weekly channel upwards (before breaking my bear spirit). Timeframes I use are usually 1H to 4H, so in the short term a long position could be possible, but I don't like to take risks like that while staying near the weekly channel resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD140313.png Size: 102 KB
K.I.S.S.
  • #883,204
  • Mar 13, 2014 4:59pm Mar 13, 2014 4:59pm
Added to shorts on that pop

EURUSD 1.3900 SL 1.3915 TP 1.3800, and lower

Opened USDJPY short here on the retrace, will add more towards 102
101.84, SL 102.40 TP 100.50

Short China trades- Want to see if China Fear/Risk off can build momentum. SPX looks weak.
Long USDCAD 1.1054 SL 1.1040 TP 1.1250
Short AUDUSD 0.9036 SL 0.9075 TP 0.8850
Long USDZAR 10.8092 SL 10.70 TP 11.50

Any whipsawing suddenly back against the current momentum and Il'' go flat and reset. Looking for GBPUSD to break 1.66-1.6580 to open large shorts there
Twitter: @TrendersGame
  • #883,205
  • Mar 13, 2014 4:59pm Mar 13, 2014 4:59pm
Quoting Leijenberg
{quote} This is what I see Miguel, your 'magic line' is the purple one... I would wait to see if the bounce at 1H has enough power to get through 1.388x-1.39 (fibs 23.6-38.2) and after that I would wait to see if the bounce also breaks the weekly channel upwards (before breaking my bear spirit). Timeframes I use are usually 1H to 4H, so in the short term a long position could be possible, but I don't like to take risks like that while staying near the weekly channel resistance. {image}
good, but for me it's too much complicated, i have no doubt about my magic line and i already know it's going over 1.4 ! i put it all my money on this move for the big jack pot ! -)
  • #883,206
  • Mar 13, 2014 5:04pm Mar 13, 2014 5:04pm
Quoting Miguel.N
{quote} good, but for me it's too much complicated, i have no doubt about my magic line and i already know it's going over 1.4 ! i put it all my money on this move for the big jack pot ! -)
if ComeAtMeBro calls short I will follow you
K.I.S.S.
  • #883,207
  • Mar 13, 2014 5:06pm Mar 13, 2014 5:06pm
Quoting Citiboy
Added to shorts on that pop EURUSD 1.3900 SL 1.3915 TP 1.3800, and lower
Don't like that ...

Best setup:

Shell zone1: 1.39058 - 1.39200
Shell zone2: 1.39200 - 1.39355

SL for both zones: Above 1.39486

TP zone 1: 1.3750-1.3700
TP zone 2: 1.3650-1.3600

These are 240Min setups
  • #883,208
  • Mar 13, 2014 5:09pm Mar 13, 2014 5:09pm
Quoting Miguel.N
{quote} good, but for me it's too much complicated, i have no doubt about my magic line and i already know it's going over 1.4 ! i put it all my money on this move for the big jack pot ! -)
Does your magic line change every 2-3 hours? Because 3 hours ago you were certain of the big shorts entering and had a chart dropping to 1.35. I think you get easily aroused with every 30 pip move.
  • #883,209
  • Mar 13, 2014 5:11pm Mar 13, 2014 5:11pm
Quoting ferinacci
Hey friends instead of shorting eur/usd , start to short GBP/USD !! believe me
cable is still in a battle zone 6620-6630ish sl can be tight but need other signals before confirming south, GC has broken her range south and doing a retest right now, confirmation need the retest to hold and we heading south big time 300 pip to next support not a huge trade but worth an eyeball
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cable 1hr 14 3 2014.png Size: 50 KB
Click to Enlarge Name: GC.png Size: 97 KB
If you are new to Forex? Say Goodbye to your account!!
  • #883,210
  • Mar 13, 2014 5:11pm Mar 13, 2014 5:11pm
Quoting rbetancor
{quote} Don't like that ... Best setup: Shell zone1: 1.39058 - 1.39200 Shell zone2: 1.39200 - 1.39355 SL for both zones: Above 1.39486 TP zone 1: 1.3750-1.3700 TP zone 2: 1.3650-1.3600 These are 240Min setups

Im already short from 1.39, if we trade to your sell zones I would see near term eurusd downside as somewhat invalidated
Twitter: @TrendersGame
  • #883,211
  • Mar 13, 2014 5:12pm Mar 13, 2014 5:12pm
Quoting KiwiTrada
{quote} cable is still in a battle zone 6620-6630ish sl can be tight but need other signals before confirming south, GC has broken her range south and doing a retest right now, confirmation need the retest to hold and we heading south big time 300 pip to next support not a huge trade but worth an eyeball {image} {image}

I will be involved in Cable with cheesy tactics... if we take out 1.6600-6580, may be able to get away with some 5-10 pip SLs if momentum is strong.
Twitter: @TrendersGame
  • #883,212
  • Mar 13, 2014 5:17pm Mar 13, 2014 5:17pm
Quoting sakisf
{quote} Does your magic line change every 2-3 hours? Because 3 hours ago you were certain of the big shorts entering and had a chart dropping to 1.35. I think you get easily aroused with every 30 pip move.
...the shorting one of this morning it was more than 100 pips and it was a bounce on a wall, and now it's a magic line -> the magic line just appears like that, this is why it's called magic and it's for more than 150 pips ! and magic line always brake walls, so now let's see if i am right ! -)
  • #883,213
  • Mar 13, 2014 5:19pm Mar 13, 2014 5:19pm
Quoting Miguel.N
{quote} ...the shorting one of this morning it was a bounce on a wall, and now it's a magic line -> the magic line just appears like that, this is why it's magic ! and magic line alwaus brake walls -)
From your chart this magic line was already broken twice, therefore it does not exist in reality, like most magic trend lines.
  • #883,214
  • Mar 13, 2014 5:36pm Mar 13, 2014 5:36pm
Quoting sakisf
{quote} From your chart this magic line was already broken twice, therefore it does not exist in reality, like most magic trend lines.
...this magic line just appears now, it dosen't matter what happened last days, it's a daily magic line ! -)
..now GMT guys -> it's time to switch off and go to sleep ! bye -)

Attached Image
  • #883,215
  • Mar 13, 2014 6:04pm Mar 13, 2014 6:04pm
Quoting Citiboy
{quote} Im already short from 1.39, if we trade to your sell zones I would see near term eurusd downside as somewhat invalidated
As per my system ... invalidation only ocurs over 1.3948 ... take into account that we are bullish on ALL time frames except Weekly ...
  • #883,216
  • Mar 13, 2014 6:10pm Mar 13, 2014 6:10pm
If we can run 1.3850 and 1.6580 simultaneously I will be adding to shorts with sell stops. The ol 5 pip SL.
Twitter: @TrendersGame
  • #883,217
  • Mar 13, 2014 6:12pm Mar 13, 2014 6:12pm
Hi Everybody,

The price action has gone mad. Anybody knows what's happening to the ticker for eurousd?

Or is it only for me?

New Trader
  • #883,218
  • Mar 13, 2014 6:16pm Mar 13, 2014 6:16pm
Quoting Citiboy
{quote} I will be involved in Cable with cheesy tactics... if we take out 1.6600-6580, may be able to get away with some 5-10 pip SLs if momentum is strong.
lol 5-10 pips I am watching 1hr 4hr and daily 5-10pip dosnt even show on chart,

bbl GC is about to retest, could be an interesting battle, because 4hr has printed a bullish doji versus a range break out very interesting
If you are new to Forex? Say Goodbye to your account!!
  • #883,219
  • Mar 13, 2014 6:17pm Mar 13, 2014 6:17pm
Quoting ash_k
Anybody knows what's happening to the ticker for eurousd? Is it only for me?
it's an orgy of bull and bear ...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.JPG Size: 106 KB
  • #883,220
  • Mar 13, 2014 6:43pm Mar 13, 2014 6:43pm
Support on the EJ will probably come in around low 139s tomorrow. Plan your exits on EU accordingly...
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