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  • #896,581
  • May 9, 2014 9:19am May 9, 2014 9:19am
I must say it took so long to rise up to 1.39 and it took like less than 1/10th of the time for it to fall straight down. How many of you got burnt real bad waiting for 1.4?

Question now is should i buy at the low assuming it is the low right now or sell thinking it will go lower.
  • #896,582
  • May 9, 2014 9:25am May 9, 2014 9:25am
This thread is awesome in times like this. Just look how people stuck at the top are desperately trying to find any reason for the pair to go up again !! And the more they hope the lower it gets!! Draghi said countless times yesterday that the strong euro is a concern. Smart money got it.
So, you think you have rights? LOL
  • #896,583
  • May 9, 2014 9:27am May 9, 2014 9:27am
Quoting kuroro001
{quote} I would be...inside 1.36xx
would be too easy...just like yesterday, it will turn, before it would be logical, schön level with reasonable stop.
f(z)=z2+c
  • #896,584
  • May 9, 2014 9:28am May 9, 2014 9:28am
Quoting ForexOracle
This thread is awesome in times like this. Just look how people stuck at the top are desperately trying to find any reason for the pair to go up again !! And the more they hope the lower it gets!! Draghi said countless times yesterday that the strong euro is a concern. Smart money got it.
Dude...zig-zag!

Edit: What happened now is short term...not even middle...real money use large timeframes...well what we see over daily? Until invalidation points are intact, there is a reason for seeking the turn...
f(z)=z2+c
  • #896,585
  • May 9, 2014 9:28am May 9, 2014 9:28am
Quoting Citiboy
Is teh chartz bullish? weekly DXY {image}
not yet. It just signals a bounce. Needs to get out that wedge to be bullish
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,586
  • May 9, 2014 9:32am May 9, 2014 9:32am
Quoting ForexOracle
This thread is awesome in times like this. Just look how people stuck at the top are desperately trying to find any reason for the pair to go up again !! And the more they hope the lower it gets!! Draghi said countless times yesterday that the strong euro is a concern. Smart money got it.
Nahn man.. smart money is buying not selling. They know ECB can't do anything meaningful to lower the euro.
  • #896,587
  • Edited 9:45am May 9, 2014 9:32am | Edited 9:45am
3561 usually has a retrace built in to the red box before. i said 3888 but it may be 3885.. it may not go there. but its norm before 3561.. if this bear looks tired before then.. i may long with 3885 target in mind. monday sometimes is a good day for a retrace,.. this one is not signaled atm,, but we did make a LL..so its possible formation will be watched. for the idiots who dont understand, google "speculation and possible". and understand things will change if inner pa changes.. those should not change what the larger edges do. the change if any is to happen is with the fed,and ecb.. 3561 may still change to a lower possible target. it hasn't bounced
so i dont have any bear target. just speculation. if speculation is true. then chart will show it..
Attached Image
those who can, do. those who cant, talk about those who can
  • #896,588
  • May 9, 2014 9:33am May 9, 2014 9:33am
Quoting ForexOracle
This thread is awesome in times like this. Just look how people stuck at the top are desperately trying to find any reason for the pair to go up again !! And the more they hope the lower it gets!! Draghi said countless times yesterday that the strong euro is a concern. Smart money got it.
Mr. Draghi has concern only but no action. Without Mr. Putin's wish, he cannot do anything atm.
  • #896,589
  • May 9, 2014 9:33am May 9, 2014 9:33am
US data missed estimates, temporary uptrend from now?
  • #896,590
  • May 9, 2014 9:36am May 9, 2014 9:36am
Quoting ForexOracle
This thread is awesome in times like this. Just look how people stuck at the top are desperately trying to find any reason for the pair to go up again !! And the more they hope the lower it gets!! Draghi said countless times yesterday that the strong euro is a concern. Smart money got it.
And take another lower low!!
So, you think you have rights? LOL
  • #896,591
  • May 9, 2014 9:36am May 9, 2014 9:36am
Umm ... no reaction ... it's a bad reaction ... closed the two longs with a -30 loss ... will wait till 1.3648 and see reaction there.
  • #896,592
  • May 9, 2014 9:38am May 9, 2014 9:38am
Twitter: @TrendersGame
  • #896,593
  • May 9, 2014 9:41am May 9, 2014 9:41am
Quoting Magicmen
{quote} Mr. Draghi has concern only but no action. Without Mr. Putin's wish, he cannot do anything atm.
The market act strange...nothing happened yesterday, just a promise...
f(z)=z2+c
  • #896,594
  • May 9, 2014 9:43am May 9, 2014 9:43am
Quoting yanitsa
{quote} You might see it sooner .In fact next week should be a downhill .Hold some for bellow 3600 , I recall You had several entries .....
Looks like the downhill has started early .Cool .Next week 1.35 - 1.3520ish I think
  • #896,595
  • May 9, 2014 9:44am May 9, 2014 9:44am
Quoting hathor
{quote} The market act strange...nothing happened yesterday, just a promise...
Since yesterday's drop and today, i didn't see any strong buyers yet.

Could a dump before a pump, or just a massive dump coming soon.

And the market doesn't need anything to move, otherwise we'd be near 1.2000
COT: The precious data ignored
  • #896,596
  • May 9, 2014 9:45am May 9, 2014 9:45am
Long with full force...
Edit: stop at entry + comission
Edit2: took my SL
end for today
f(z)=z2+c
  • #896,597
  • May 9, 2014 9:45am May 9, 2014 9:45am
guys... the governing council is comfortable acting next time.



=sell
Attached Image
Twitter: @TrendersGame
  • #896,598
  • May 9, 2014 9:48am May 9, 2014 9:48am
Quoting Magicmen
{quote} Mr. Draghi has concern only but no action. Without Mr. Putin's wish, he cannot do anything atm.
...yeah but problem now is which is weaker: dollar or euro...ez rates remain untouched anyway
  • #896,599
  • May 9, 2014 9:48am May 9, 2014 9:48am
Long Scalp for 10 - 20 @3760
  • #896,600
  • May 9, 2014 9:49am May 9, 2014 9:49am
One more push lower on stops selling and then we could have the low of the day.
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