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  • #890,121
  • Apr 15, 2014 3:39am Apr 15, 2014 3:39am
Quoting Mr.C
Good morning people. Sold EUR/USD @ 1,3811. Initial SL @ 1,3846. Wish you a sunny day with lots of good mood!
EU: +10 pips floating, SL moved to +1.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #890,122
  • Apr 15, 2014 3:43am Apr 15, 2014 3:43am
Smell like an upmove soon. But dip first, to copy GU

Still favoring shorts for now though
COT: The precious data ignored
  • #890,123
  • Apr 15, 2014 3:46am Apr 15, 2014 3:46am
Quoting Nocturnes
(Short) Entry Point: 1.3844 Thats what i'm aiming for today. For now i'm on a long on the way up there.
That's what I'm looking for.. was hoping yesterday we made it too 1.3790 then overnight and pre London back too 1.3844 area for todays short, but now think we might get up there now and that becomes New Yorks short area
  • #890,124
  • Apr 15, 2014 3:50am Apr 15, 2014 3:50am
Quoting PipsMaster23
{quote} For me above 1.3830 ill start being confident again... till then though Gl with your trades!

might get there now up to say 1.3844/51 but can't see much past that... if that breaks then it will fill the gap but I and others been waiting for 1.3844 today.. yesterdays' 1.3792 didn't get hit but hit now and next logical short is 1.3844.

although if it keeps dropping, don't see you getting break even or small profit on that position
  • #890,125
  • Apr 15, 2014 3:56am Apr 15, 2014 3:56am
Quoting johncena
{quote} You got it right Buddy , start buying from1373x , you will be fine
Yep i've got 1.3771 as a target for a short then back long.
Making the most of these swings.
It'll be alright on the night
  • #890,126
  • Apr 15, 2014 4:04am Apr 15, 2014 4:04am
eu 14444 today
btw,what happened to gu?50pips in 1 min?
Attached Image (click to enlarge)
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  • #890,127
  • Apr 15, 2014 4:21am Apr 15, 2014 4:21am
LOL nothing is moving... time for a walk then, wait till the US open and see what happens with their CPI
Cheers!!
  • #890,128
  • Apr 15, 2014 4:22am Apr 15, 2014 4:22am
Quoting RussJ
{quote} might get there now up to say 1.3844/51 but can't see much past that... if that breaks then it will fill the gap but I and others been waiting for 1.3844 today.. yesterdays' 1.3792 didn't get hit but hit now and next logical short is 1.3844. although if it keeps dropping, don't see you getting break even or small profit on that position
you are a good daydreamer. I hope you don't trade as you say. otherwise you are a perfect candidate for account blowout.
  • #890,129
  • Apr 15, 2014 4:26am Apr 15, 2014 4:26am
This forum is like casino royal. 50% says up, 50% says down....the only question is....where will you be when the ball is falling
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #890,130
  • Apr 15, 2014 4:26am Apr 15, 2014 4:26am
Quoting PipsMaster23
LOL nothing is moving... time for a walk then, wait till the US open and see what happens with their CPI
Don't forget about Yellen's speech a few minutes after
COT: The precious data ignored
  • #890,131
  • Apr 15, 2014 4:29am Apr 15, 2014 4:29am
Quoting fatpanda
eu 14444 today btw,what happened to gu?50pips in 1 min? {image}
No,eu 1.8451 today.Lol
  • #890,132
  • Apr 15, 2014 4:32am Apr 15, 2014 4:32am
easy forecast...
Attached Image (click to enlarge)
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  • #890,133
  • Apr 15, 2014 4:36am Apr 15, 2014 4:36am
Quoting timos
{quote} No,eu 1.8451 today.Lol
dude
you are too optimistic,be realistic
  • #890,134
  • Apr 15, 2014 4:37am Apr 15, 2014 4:37am
Quoting giveachance
{quote} you are a good daydreamer. I hope you don't trade as you say. otherwise you are a perfect candidate for account blowout.

Account blow out!!! I aint longing when trend is bearish.. I am already short at 1.3892 targeting 1.3608.

I am now waiting a pullback to continue the short... I will look for confirmation at 1.3844/58.. I actually think if it gets back then 1.3844 will be the exact spot but even if 1.3844 fails it should go too 1.3815 enough time for me to get break even. Even if I was incorrect and it Blew through.. my Short if I entered without confirmation would be 1.3844.. stop 1.3860 covering Monthly Close candle and Weekly.. the exact next resistance we would hit if we go up.... and I notice someone else is looking on this forum too short there so I can't be the only one who is looking to blow out my account... but again if I took it without confirmation I would only be risking less than 20 pips the amount which is acceptable and normal
  • #890,135
  • Edited 4:51am Apr 15, 2014 4:39am | Edited 4:51am
Quoting fatpanda
{quote} dude you are too optimistic,be realistic

If it doesn't pullback too 1.3843 today then 1.37338 is looking more likely... 1.3758 high end too low end 1.3738... although hoping to get back too 1.3846 for a short targeting 1.3866/53 myself but its looking not great currently
  • #890,136
  • Apr 15, 2014 4:50am Apr 15, 2014 4:50am
Quoting RussJ
{quote} Account blow out!!! I aint longing when trend is bearish.. I am already short at 1.3892 targeting 1.3608. I am now waiting a pullback to continue the short... I will look for confirmation at 1.3844/58.. I actually think if it gets back then 1.3844 will be the exact spot but even if 1.3844 fails it should go too 1.3815 enough time for me to get break even. Even if I was incorrect and it Blew through.. my Short if I entered without confirmation would be 1.3844.. stop 1.3860 covering Monthly Close candle and Weekly.. the exact next resistance...
how is this trend bearish? until we break 1.3475, we are in a strong uptrend. look at daily chart, supported by MA's and a bullish trendline.

its 'possible' we set a lower high last week, but even when we break 1.3650, that will still be a 'normal' 3 wave correction which could normally just be consolidation before another leg up.
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  • #890,137
  • Apr 15, 2014 4:51am Apr 15, 2014 4:51am
Bearish???? Maybe temporarily.. The bulls have been running things for a while..... Check the trend yo!
  • #890,138
  • Apr 15, 2014 5:01am Apr 15, 2014 5:01am
Quoting slow-trader
{quote} how is this trend bearish? until we break 1.3475, we are in a strong uptrend. look at daily chart, supported by MA's and a bullish trendline. its 'possible' we set a lower high last week, but even when we break 1.3650, that will still be a 'normal' 3 wave correction which could normally just be consolidation before another leg up. {image}
Ye the daily trend cannot be considered bearish till 1.3479 is broken.
It'll be alright on the night
  • #890,139
  • Apr 15, 2014 5:06am Apr 15, 2014 5:06am
Very bad Zew and we still rise...right
COT: The precious data ignored
  • #890,140
  • Apr 15, 2014 5:07am Apr 15, 2014 5:07am
Quoting slow-trader
{quote} how is this trend bearish? until we break 1.3475, we are in a strong uptrend. look at daily chart, supported by MA's and a bullish trendline. its 'possible' we set a lower high last week, but even when we break 1.3650, that will still be a 'normal' 3 wave correction which could normally just be consolidation before another leg up. {image}

If we break 1.3845 today then we will continue higher high targeting 1.4016 as per flag pattern.

however, if we fail then I see us failing on a monthly as a failed 5th wave if you are counting waves and 1.3608 is the 1st logical target then a pullback and break... for me yes I agree sort of, I am looking for the 3 wave pullback too 1.3608 then will scalp long and look to continue the shorts etc. What also I am looking at as well as the monthly has already provided a reversal candle, also the monthly stochastic is about to take a step down... also have you seen any Red candles on the daily on the shock leg up??? you might see red candles to the left etc but you see them on the straight track up.... you see many on the 4 hour?? Everyone to their own strategy and how they work it out but for me we are in the midst of change of trend and am looking at possibly a large move down too 12650 but my profit takes for most will be at 1.3608 area, I only scale partial profits intraday... but I am not discounting we go higher, its just my bias is short....

also you don't want to be making decisions on daily time frame 1.3479 needs be broken for bearish scenario... that's 500 pips off 1.3969 the top.... you need get on the clue train earlier ... by that time many people have already built positions short and prob looking to exit some and take a swing up
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