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  • #889,481
  • Apr 11, 2014 1:20pm Apr 11, 2014 1:20pm
Quoting Miguel.N
{quote} ...with this today closing candel it's not nice to short, even though we may see that for the next weeks ! ...it's better to wait monday london opening to be sure! ...have good weekend guys, bye! {image}
This is the same what I am wondering about.

For me it has the same probability as continuing going north.

We had a similar pattern in the past, rising sharply, then falling behind its origin entry.

After this fall that you show with your arrows I would expect a continuing rise.

But what do I know, it is just a possible repetition of a pattern of the past that I am considering.
  • #889,482
  • Apr 11, 2014 1:26pm Apr 11, 2014 1:26pm
Quoting Miguel.N
{quote} ...with this today closing candel it's not nice to short, even though we may see that for the next weeks !? ...it's better to wait monday london opening to be sure! ...have good weekend guys, bye! {image}
haahahahahha finaly u posted a chart to sell EU, hmmm wonderful.
  • #889,483
  • Apr 11, 2014 1:28pm Apr 11, 2014 1:28pm
Quoting CandleStar
{quote} This is the same what I am wondering about. For me it has the same probability as continuing going north. We had a similar pattern in the past, rising sharply, then falling behind its origin entry. After this fall that you show with your arrows I would expect a continuing rise. But what do I know, it is just a possible repetition of a pattern of the past that I am considering.
sounds very familiar. It goes against you sharply, and right as you close your positions, it makes a turn and goes pass your original entry point. After a while you chase it and it makes a turn again, and you have to close your losing position again. A moment later it makes another turn and pass your second entry.

Lots of people lose their account by chasing the market.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #889,484
  • Apr 11, 2014 1:29pm Apr 11, 2014 1:29pm
Quoting noom0121
{quote} haahahahahha finaly u posted a chart to sell EU, hmmm wonderful.
I remember he did this one time in the past and believe it or not, he was right!
  • #889,485
  • Apr 11, 2014 1:30pm Apr 11, 2014 1:30pm
Quoting noom0121
{quote} haahahahahha finaly u posted a chart to sell EU, hmmm wonderful.
... but like i said -> it can go down but i don't see the signal yet !? ...so still the risk of powerful rocket for monday ! ...do not over trading, give some rest it's part of the key sucess ! ...so watch out ! -)
  • #889,486
  • Apr 11, 2014 1:33pm Apr 11, 2014 1:33pm
looks like fixing for US close in place.
  • #889,487
  • Apr 11, 2014 1:36pm Apr 11, 2014 1:36pm
Quoting CandleStar
{quote} I remember he did this one time in the past and believe it or not, he was right!
he cannot be consistently wrong 100%, otherwise I will use him as a counter indicator.

It is also an accomplishment to be a consistent counter indicator.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #889,488
  • Apr 11, 2014 1:39pm Apr 11, 2014 1:39pm
Quoting ffleo
{quote} he cannot be consistently wrong 100%, otherwise I will use him as a counter indicator. It is also an accomplishment to be a consistent counter indicator.
if I was used as a consistent counter indicator, i will dig a hole in the ground and bury me in the whole as quick as possible.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #889,489
  • Apr 11, 2014 1:41pm Apr 11, 2014 1:41pm
Quoting ffleo
{quote} if I was used as a consistent counter indicator, i will dig a hole in the ground and bury me in the whole as quick as possible.
Miguel.N is almost there
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #889,490
  • Apr 11, 2014 1:45pm Apr 11, 2014 1:45pm
possible scenario on EU to watch next week. LONG 3840-60 area SL 40 TP 4040 (+200).
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  • #889,491
  • Apr 11, 2014 1:45pm Apr 11, 2014 1:45pm
if spx reaches 1790 next week, that really does not look good for its own sake.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #889,492
  • Apr 11, 2014 1:46pm Apr 11, 2014 1:46pm
Quoting ffleo
{quote} long or short?
...just go randomly mate, do like your colegues suicide trading ! ....hahaha -)
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  • #889,493
  • Apr 11, 2014 1:50pm Apr 11, 2014 1:50pm
Quoting ruffryders
possible scenario on EU to watch next week. LONG 3840-60 area SL 40 TP 4040 (+200). {image}
I would prefer to long from 1.3580, going to this place would be 300 pips first
  • #889,494
  • Apr 11, 2014 1:56pm Apr 11, 2014 1:56pm
If you are Bear and you got numbers 38 and above

I will finish this week with this quote

‘After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!’ – Jesse Livermore

See you next week
In trading, you have to be defensive and aggressive at the same time
  • #889,495
  • Apr 11, 2014 1:58pm Apr 11, 2014 1:58pm
Quoting CandleStar
{quote} I would prefer to long from 1.3580, going to this place would be 300 pips first
well, this is not going to happen in a hurry, right? 3680 is a very strong support, as can be noted on W1 chart.
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  • #889,496
  • Apr 11, 2014 1:59pm Apr 11, 2014 1:59pm
anyone have level around 1.4060?
  • #889,497
  • Apr 11, 2014 2:01pm Apr 11, 2014 2:01pm
Quoting CandleStar
{quote} I would prefer to long from 1.3580, going to this place would be 300 pips first
no need to make it too complicated, as noted previously. above MP/QP, strong W1 close. Price will go higher.

What's the uspide? Take month low + MR = 3670 + 350 = 4020. That's where you start thinking on shorting the mofu,
and hope that there is no range expansion.
  • #889,498
  • Apr 11, 2014 2:16pm Apr 11, 2014 2:16pm
Quoting ffleo
{quote} again Fibonacci is your friend {image} {image}
All twists and turns in forex are Fibonacci numbers with no exception, the only difference is the timeframe in which they happen!!
We watch the charts from every angle so you don't have to!!
  • #889,499
  • Apr 11, 2014 2:19pm Apr 11, 2014 2:19pm
Quoting Davit
If you are Bear and you got numbers 38 and above I will finish this week with this quote ‘After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!’ – Jesse Livermore See you next week
  • #889,500
  • Apr 11, 2014 2:20pm Apr 11, 2014 2:20pm
Quoting gjgjg
Bouncing here? Please!!? USDX and EURX are meeting res/sup from my cobbled together lines... {image}
Well, my 'nicely drawn' lines are holding nicely so far, I think monday will be better a retracement IMO
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