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  • #897,361
  • May 13, 2014 11:35am May 13, 2014 11:35am
Quoting BlazeHun
{quote} I see 1.3645ish a good place to long,because its the place where a solid top was in place in January 2013. It will become resistance.
I think US is now digesting bad data...I doubt that bears have strength to get that far
  • #897,362
  • May 13, 2014 11:36am May 13, 2014 11:36am
Quoting MaxDoom
{quote} I have placed additional sell orders below 1.3700 looking at 1.367x then 1.358x further out
U try to jump in bandwagon b careful
Have u notice we drop 300 pip already "Mostly weekly not drop than this"
Take care from emotional bro
cya tomorrow
  • #897,363
  • May 13, 2014 11:39am May 13, 2014 11:39am
I try long 1,3702 It is the fourth time it is testing 1,37 but looks like less volume now ad less agrresivve than earlier today So will se if it holds.
  • #897,364
  • May 13, 2014 11:39am May 13, 2014 11:39am
Quoting BlazeHun
{quote} I see 1.3645ish a good place to long,because its the place where a solid top was in place in January 2013. It will become resistance.
your bounce will be like that cat you spoke about earlier......
  • #897,365
  • May 13, 2014 11:40am May 13, 2014 11:40am
Keep selling, it will go down more.

Attached Image
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #897,366
  • May 13, 2014 11:40am May 13, 2014 11:40am
Jonnypants il take that 3rd greedy 1,37 dip buying then
Past glory means nothing on the battlefield
  • #897,367
  • May 13, 2014 11:41am May 13, 2014 11:41am
My lordy EU has touched todays low 3 times since printing it. Can she close below it?
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #897,368
  • May 13, 2014 11:42am May 13, 2014 11:42am
Quoting Lacunoide
Keep selling, it will go down more. {image}

You think so? So do you think from the current price 100 pips to the downside before 100 pips to the upside?
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #897,369
  • May 13, 2014 11:44am May 13, 2014 11:44am
Quoting egkid
{quote} U try to jump in bandwagon b careful Have u notice we drop 300 pip already "Mostly weekly not drop than this" Take care from emotional bro cya tomorrow
I see nothing on the horizon to reverse the action substantially been adding at levels since 3976 and looking forward to seeing 35xx thanks for the concern
  • #897,370
  • May 13, 2014 11:46am May 13, 2014 11:46am
Quoting MaxDoom
{quote} I see nothing on the horizon to reverse the action substantially been adding at levels since 3976 and looking forward to seeing 35xx thanks for the concern
Looking lower too towards weekly 1.354x, but eyeing a bounce first, maybe towards 1.381x.

We'll see!
COT: The precious data ignored
  • #897,371
  • May 13, 2014 11:47am May 13, 2014 11:47am
Quoting MaxDoom
{quote} I see nothing on the horizon to reverse the action substantially been adding at levels since 3976 and looking forward to seeing 35xx thanks for the concern
if this 1h close under 3712 then u right
i was had sell@3940 but closed early
  • #897,372
  • May 13, 2014 11:47am May 13, 2014 11:47am
Quoting ScalpLikeMe
{quote} You think so? So do you think from the current price 100 pips to the downside before 100 pips to the upside?
Well, i am holding already short at higher price....

QE is coming, most of the retail traders are buying, so going opposite should be safer!
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #897,373
  • May 13, 2014 11:48am May 13, 2014 11:48am
Quoting yanitsa
{quote} pity .thats gone now .3680 next
Oh come on then , 20 pips ........
  • #897,374
  • May 13, 2014 11:50am May 13, 2014 11:50am
Quoting Lacunoide
{quote} Well, i am holding already short at higher price.... QE is coming, most of the retail traders are buying, so going opposite should be safer!
You got that right. Well I am glad this drop has occurred, as the sell position will be super swift. For me it is much easier scalping a sell then a buy. Especially when you want to be sneaky and use pending orders.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #897,375
  • May 13, 2014 11:50am May 13, 2014 11:50am
Quoting Lacunoide
{quote} Well, i am holding already short at higher price.... QE is coming, most of the retail traders are buying, so going opposite should be safer!
QE is not comming bro. The 1.40 dream is still alive, you bears are already drunk
  • #897,376
  • May 13, 2014 11:51am May 13, 2014 11:51am
Quoting Lacunoide
{quote} Well, i am holding already short at higher price.... QE is coming, most of the retail traders are buying, so going opposite should be safer!
Hi L
Draghi never mentioned QE.Last meeting he answered to reporter that If Euro continues to appreciate at the time was above 39 they might take action next meeting (clever hint dropping from former Goldman Sach employee)
Now ECB does not have to do anything.Euro is already depreciated substantially

As far as Retail positioning.Its a myth.Get over it.Has no statistical edge.My biggest wins had 75% retail shorts and price still fell like heavy marble
In trading, you have to be defensive and aggressive at the same time
  • #897,377
  • May 13, 2014 11:51am May 13, 2014 11:51am
Quoting egkid
{quote} if this 1h close under 3712 then u right i was had sell@3940 but closed early

I need a valid cross of 3714 in M5 for a good retrace (to minimum 3730) of today's fall. If not, then the fall will continue. We will see.
Don't be smart. Be rich.
  • #897,378
  • May 13, 2014 11:53am May 13, 2014 11:53am
Quoting BeyondD
Jonnypants il take that 3rd greedy 1,37 dip buying then
Good man
Inserted Video

Keep them stops tight
Quote 'greed will save that malfunctioning corporation called the USA'
  • #897,379
  • May 13, 2014 11:55am May 13, 2014 11:55am
Quoting Davit
{quote} Hi L Draghi never mentioned QE.Last meeting he answered to reporter that If Euro continues to appreciate at the time was above 39 they might take action. Now ECB does not have to do anything.Euro is already depreciated substantially
I suspect that some banks did something near the top of 1.4, forcefully sell euro to reverse it. And funds noticed it and that is why we had a few days of straight drop.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #897,380
  • May 13, 2014 11:56am May 13, 2014 11:56am
Quoting JohnIsShort
{quote} QE is not comming bro. The 1.40 dream is still alive, you bears are already drunk
lol... Well if EUR/USD doesn't have a steady rise (the rise we typically see after sell offs like this) then it should be safe to say that the overall trend has reversed in the favor of the bulls. Please check back to the last 4 times E/U made a run up and had a loss of over 150 pips over 48 hours.The price would accumulate at the low, and begin a very slow move upward. That has yet to have been seen on EU the last 3 trading days.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
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