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  • #896,121
  • May 8, 2014 9:02am May 8, 2014 9:02am
Quoting Vachus
This should be the bottom, stops below 1.3870 *Edit, i'm going to sleep too
my 89 day MA comes in at 1.3852, a break of this level and 1.38 is in the picture
Cheers!!
  • #896,122
  • May 8, 2014 9:02am May 8, 2014 9:02am
I do understand that most are swingers, but it doesn't mean that you should give the market 120-150 pips in one day because you are trading support and resistance.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #896,123
  • May 8, 2014 9:03am May 8, 2014 9:03am
Quoting forexings
{quote} I see more if 3800 taken out
1,362x down to inside 1,35xx is a possibility, without changing a potential break up.

But daily is so much screwed up that i barely look at it
COT: The precious data ignored
  • #896,124
  • May 8, 2014 9:03am May 8, 2014 9:03am
Quoting ruffryders
Ok today EUR USD bears took over, I didn't see that coming, so today on forecasting EUR USD - I guess I'm the BIG muppet. I didn't see that harmonic pattern pan out on D1 charts. Congrats, if yous shorted from the top. {image}
Yes interesting, looking at that, if we get a daily close below the 3850 area, 1.38 area support would come into play.
I'm not at my charts but I'll check out the broken local weekly TL price tomorrow.
Come with me if you want to live....
  • #896,125
  • May 8, 2014 9:04am May 8, 2014 9:04am
Quoting Davit
MY TP is around 37-3680 and I anticipate this before June meeting and will adjust if needed.
You might see it sooner .In fact next week should be a downhill .Hold some for bellow 3600 , I recall You had several entries .....
  • #896,126
  • May 8, 2014 9:04am May 8, 2014 9:04am
Quoting Ill-b-back
{quote} Yes interesting, looking at that, if we get a daily close below the 3850 area, 1.38 area support would come into play. I'm not at my charts but I'll check out the broken local weekly TL price tomorrow.
well the rising wedge is there on W1 and it starts to look ugly bro.
  • #896,127
  • May 8, 2014 9:04am May 8, 2014 9:04am
where is next resistance/support line. if we look on down side?
  • #896,128
  • May 8, 2014 9:05am May 8, 2014 9:05am
am audi 500 as they say, have fun for the rest of day everyone.
Past glory means nothing on the battlefield
  • #896,129
  • May 8, 2014 9:05am May 8, 2014 9:05am
Quoting spinozagr
{quote} IMO its all about capital... the 2% rule is different for those who have 100euro and different for those who have 100million (thats me) Ladies and Gentleman... no matter what the girls says... THE SIZE MATTERS ...

  • #896,130
  • May 8, 2014 9:06am May 8, 2014 9:06am
Did Yellen drop a bomb?
In trading, you have to be defensive and aggressive at the same time
  • #896,131
  • May 8, 2014 9:08am May 8, 2014 9:08am
Hey rbetancor, i am (oh no it's Draghi ) handing you your intraday pullback.
  • #896,132
  • May 8, 2014 9:09am May 8, 2014 9:09am
omg!! im feeling so bad!!! all bad trades.. prefer suicide!
visit www.OlimpiaFX.com
  • #896,133
  • May 8, 2014 9:09am May 8, 2014 9:09am
I hope some of you read my ECB trading scenario. Risk was pointed out on both sides but hard to anticipate the extent of the meltdown. Now watch 1.3850, holds the key to what comes next.
  • #896,134
  • May 8, 2014 9:10am May 8, 2014 9:10am
It's fuuny how the swingers change their opinions after moves like this. Everyone has been screaming buy buy buy.... Now after this drop everyone is selling selling selling, as the buyers hide!
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #896,135
  • May 8, 2014 9:10am May 8, 2014 9:10am
Quoting Davit
Did Yellen drop a bomb?


Inserted Video
COT: The precious data ignored
  • #896,136
  • May 8, 2014 9:10am May 8, 2014 9:10am
Quoting ruffryders
{quote} well the rising wedge is there on W1 and it starts to look ugly bro.
Lol yeah, I'm watching the main descending monthly TL we cleared last month though.
There is a heap of daily/weekly congestion/support to get through before the party is over.
Come with me if you want to live....
  • #896,137
  • May 8, 2014 9:11am May 8, 2014 9:11am
Quoting olimpia
omg!! im feeling so bad!!! all bad trades.. prefer suicide!
This drop was seen coming for ages. These news events ALWAYS REVERSE THE TREND. I don't see why people ignore this. They are so focused on what happened instead of focusing on what will happen. And now everyone is playing the extreme end of this run!
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #896,138
  • May 8, 2014 9:12am May 8, 2014 9:12am
Quoting olimpia
omg!! im feeling so bad!!! all bad trades.. prefer suicide!
Trade small my friend.Protect yourself.
If you experienced a huge loss don't worry too much.Every great trader lost big at some point in their career.Important is clear your head and work out your weak points.Learn from mistakes.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #896,139
  • May 8, 2014 9:13am May 8, 2014 9:13am
For Supply/Demand Traders:
I think we wont see any serious reversal until 1.41300 is reached.A clear supply into daily candles.
What are your thoughts guys?
  • #896,140
  • May 8, 2014 9:15am May 8, 2014 9:15am
Quoting kuroro001
{quote} http://www.youtube.com/watch?v=BNCoaKE4S7M
he is funny.He has ton of pranks.
In trading, you have to be defensive and aggressive at the same time
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