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  • #897,061
  • May 12, 2014 11:09pm May 12, 2014 11:09pm
Quoting chicky
cat wrte. Rgt ad red. (cannot write. Right hand injured.)
uoy naht retteb etirw nac i
You cannot learn better without losing
  • #897,062
  • May 12, 2014 11:11pm May 12, 2014 11:11pm
Quoting primejarvis
{quote} I dont whether right or wrong my point of view " UP " rest leave it on the chart .....
Sure why not.Based on Charts its pretty Bear to me.
Reds are slow MA's.Once Price breaks on H1 H4 and Daily usually there is a strong shift of sentiment.
Regards
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd.h1.png Size: 39 KB
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In trading, you have to be defensive and aggressive at the same time
  • #897,063
  • May 12, 2014 11:11pm May 12, 2014 11:11pm
http://www.forexlive.com/blog/2014/0...ounce-to-sell/
  • #897,064
  • May 12, 2014 11:19pm May 12, 2014 11:19pm
Quoting Greener
I couldn't be more neutral on this...I see good reasons for both north and south...but it must bounce soon or later...to where I don't know but the extent of that move will give me an idea on the longer term direction.
and bounce where??? 1.3772 is clearly acting as a stiff resistance
  • #897,065
  • May 12, 2014 11:21pm May 12, 2014 11:21pm
Quoting Davit
{quote} Retail Sales at 8.30am tomorrow and I am almost certain it will be positive.Market is waiting reason to move. Goes without saying I could be wrong as well. Consumer confidence was stellar green so I have no reason to expect red numbers hence I am holding on to shorts
both words don't mean anything. its usually about positioning. so even if it is bad if markets are positioned for a fall it will fall. even usd drops on good nfp usd can rise on bad retail sales as well. all about positioning
  • #897,066
  • May 12, 2014 11:27pm May 12, 2014 11:27pm
Quoting giveachance
{quote} and bounce where??? 1.3772 is clearly acting as a stiff resistance
I see anything between 13800, 11, 43-50...above 13860 I would tend to be bullish...I don't see any stiff resistance as I don't think we have seen any bull yet
  • #897,067
  • May 12, 2014 11:28pm May 12, 2014 11:28pm
Quoting Davit
{quote} Sure why not.Based on Charts its pretty Bear to me. Reds are slow MA's.Once Price breaks on H1 H4 and Daily usually there is a strong shift of sentiment. Regards {image} {image} {image}
My senses say bar To bar bearish scenario is not yet possible on daily chart ....

On weeekly tf we are still in up trend ...

last month .374x - .375x was the great range for E/U pair ...

Correct me if i am wrong ....
Re-Incarnated
  • #897,068
  • May 12, 2014 11:28pm May 12, 2014 11:28pm
Quoting giveachance
{quote} both words don't mean anything. its usually about positioning. so even if it is bad if markets are positioned for a fall it will fall. even usd drops on good nfp usd can rise on bad retail sales as well. all about positioning
TRue and being a Bear positive green USD numbers won't hurt
In trading, you have to be defensive and aggressive at the same time
  • #897,069
  • May 12, 2014 11:38pm May 12, 2014 11:38pm
The Euro (1.3754) merged sideways yesterday and could test the precise vital Support at 1.3735 today, particularly if the Euro-Yen comes into some offering. In spite of the fact that the stage is situated for further Euro shortcoming in the weeks ahead, it needs to break beneath 1.3735 to decrease towards 1.3600.
  • #897,070
  • May 12, 2014 11:49pm May 12, 2014 11:49pm
Quoting Greener
{quote} I see anything between 13800, 11, 43-50...above 13860 I would tend to be bullish...I don't see any stiff resistance as I don't think we have seen any bull yet
Morning
3785 -3795 key zone watch pa there will tell if price rejected under it or accepted
BTW US index will go to 79.47 it's 89.90 now
Cafe time
  • #897,071
  • May 13, 2014 12:23am May 13, 2014 12:23am
It's stupid to come on here and tell people how to trade. The market has a way of doing the opposite of the consumers direction. It can do it for hundreds of years if necessary. Look at the Yen over the past 200 years.

If people think the Euro is going to fall then you can beat your bottom dollar that it will rise for another 10 years.

So it's definitely going to rise.
  • #897,072
  • May 13, 2014 12:36am May 13, 2014 12:36am
Quoting JTattheRanch
It's stupid to come on here and tell people how to trade. The market has a way of doing the opposite of the consumers direction. It can do it for hundreds of years if necessary. Look at the Yen over the past 200 years. If people think the Euro is going to fall then you can beat your bottom dollar that it will rise for another 10 years. So it's definitely going to rise.
+1
All posts are my personal opinion
  • #897,073
  • May 13, 2014 12:38am May 13, 2014 12:38am
Quoting JTattheRanch
It's stupid to come on here and tell people how to trade. The market has a way of doing the opposite of the consumers direction. It can do it for hundreds of years if necessary. Look at the Yen over the past 200 years. If people think the Euro is going to fall then you can beat your bottom dollar that it will rise for another 10 years. So it's definitely going to rise.
With all due respect you started your comment about not telling people how to trade and ended your comment by doing just that. Nothing is definite as its all based on probabilities, you just need to make the most of the data available to you in order to have percentages in your favor.

But as per your closing comment, i hope you are right
Cheers!!
  • #897,074
  • May 13, 2014 12:50am May 13, 2014 12:50am
Im going to keep my shorts open @1.3762 they are a few pips in the red atm but I think it going to be a bearish day based on good USA data and weak German sentiment.
"Don't get caught trading wheat in the corn pit"
  • #897,075
  • May 13, 2014 12:52am May 13, 2014 12:52am
Quoting JTattheRanch
It's stupid to come on here and tell people how to trade. The market has a way of doing the opposite of the consumers direction. It can do it for hundreds of years if necessary. Look at the Yen over the past 200 years. If people think the Euro is going to fall then you can beat your bottom dollar that it will rise for another 10 years. So it's definitely going to rise.
seriously contradicting yourself there.......................
  • #897,076
  • May 13, 2014 12:57am May 13, 2014 12:57am
Every bank and thinktank suggest sell Eur. A week ago everybody told buy, buy!

Trade the opposite???
  • #897,077
  • May 13, 2014 1:03am May 13, 2014 1:03am
Quoting BlazeHun
Every bank and thinktank suggest sell Eur. A week ago everybody told buy, buy! Trade the opposite???
I got a tip for you, open up a chart and look at it
COT: The precious data ignored
  • #897,078
  • May 13, 2014 1:06am May 13, 2014 1:06am
Attached Image (click to enlarge)
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  • #897,079
  • May 13, 2014 1:08am May 13, 2014 1:08am
Quoting kuroro001
{quote} I got a tip for you, open up a chart and look at it
Thanks, never thought for! I'll try it!
But before tell me, what is a chart???
  • #897,080
  • May 13, 2014 1:10am May 13, 2014 1:10am
Gidday EUR/US

Just closed a long

got a small short running to 1.37

also got a pending short 1.382 to 1.375

I won't add any more trades

until I can work whats going to do
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