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  • #897,821
  • May 15, 2014 3:00am May 15, 2014 3:00am
Quoting JohnIsShort
my stop got hit but this is a bottom guys though
John,

You may be right, or wrong. It's a 50-50. But if you factor in immediate trend; your odds are increased.

If you add in the fundamentals, your odds are greater than mere increased probabilities.

Nevertheless, I am confused as to who is truly a contrarian here. The Bulls, or bears..

Trade safe.

J
Go with the flow.
  • #897,822
  • May 15, 2014 3:01am May 15, 2014 3:01am
Quoting Feefee
{quote} Agreed, those people looking too much into weekly and monthly charts.....the problem is you have to take into account the swings on Dailys first....the lines in the sand become just that
Hi Feefee
I am glad you understood me.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #897,823
  • May 15, 2014 3:01am May 15, 2014 3:01am
Survery of professional Forecasters DOWNGRADES INFLATION OUTLOOK!

ALL THIS WAS LEAKED, SOMEONE SOLD BEFORE THE RELEASE.
  • #897,824
  • May 15, 2014 3:01am May 15, 2014 3:01am
Got a quarter position entered at 1.3666 with 20 pip stop. Will slowly add if price can show that it can hold itself above 3675.
  • #897,825
  • May 15, 2014 3:04am May 15, 2014 3:04am
We are into the perfect conditions to buy. I'm re-entering longs, buying again
  • #897,826
  • May 15, 2014 3:04am May 15, 2014 3:04am
i bought EURUSD

1.3673 with no sl and no tp at this moment
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-05-02_00-23_MetaTrader.jpg Size: 76 KB
  • #897,827
  • May 15, 2014 3:06am May 15, 2014 3:06am
EJ still dropping nicely. Heading for confluence on D1... support on 2 march, and 200sma. Might affect the EU
  • #897,828
  • May 15, 2014 3:06am May 15, 2014 3:06am
Quoting ahteddy
{quote} Hi Max, Yes prefer a heavy start than a heavy bottom; but the risks are great and not everyone can stomach that risk appetite. Where is your intended TP level, if you don't mind sharing?
I am open minded on TP as this whole move is a sentiment shift, I have my eye on 1.3220-1.3370 zone but a few levels to get thru first
  • #897,829
  • May 15, 2014 3:06am May 15, 2014 3:06am
Quoting MaxDoom
{quote} I should post this now {image}
Someone extracted my posts.. I didn't deleted them
God help me if this is not a bottom
  • #897,830
  • May 15, 2014 3:07am May 15, 2014 3:07am
Quoting Vachus
I will speculate $1.3640 is the final target for this bear trend to finally ends! if i was correct - price will touch there for few minutes and bounce back up almost same day ... i will give a try for a long position for 15 pips stop lose @MaxDoom, Good morning - i see you are having much fun early on the morning.
glad to see you back
  • #897,831
  • May 15, 2014 3:08am May 15, 2014 3:08am
Quoting Rand Yap
Got a quarter position entered at 1.3666 with 20 pip stop. Will slowly add if price can show that it can hold itself above 3675.
I did pretty much the same but I see further downside...
  • #897,832
  • May 15, 2014 3:08am May 15, 2014 3:08am
Quoting Davit
{quote} Here is the thing lot of people just don't get.Every trend gets exhausted and runs out of gas.It truly pisses me off when I am shorting trend fanatics keep mentioning its going 142 1.45 150 and I kept saying well current fundamentals don't support those numbers hence why I was shorting. Just because TL is pointing 1.45 does not mean it will get there. We are here to make money not fking draw lines and assume those lines are gonna get connected in imaginary future.That's when real street smart traders are killing the naive chartists. Anyway...

Exactly, I dont know why traders get sucked into pure fundamentals or pure charting, really you need both the help navigate the forex world but at the end of the day big fundamental events will break past support and resistance like a hot knife through butter
  • #897,833
  • May 15, 2014 3:10am May 15, 2014 3:10am
God Bless buyers....Amen....
  • #897,834
  • May 15, 2014 3:12am May 15, 2014 3:12am
This craz bear run has not stopped
  • #897,835
  • May 15, 2014 3:14am May 15, 2014 3:14am
Whaaaaaaaaaa! Sell Sell Sell! Because Talk Talk Talk!
  • #897,836
  • May 15, 2014 3:14am May 15, 2014 3:14am
Quoting Davit
{quote} Here is the thing lot of people just don't get.Every trend gets exhausted and runs out of gas.It truly pisses me off when I am shorting trend fanatics keep mentioning its going 142 1.45 150 and I kept saying well current fundamentals don't support those numbers hence why I was shorting. Just because TL is pointing 1.45 does not mean it will get there. We are here to make money not fking draw lines and assume those lines are gonna get connected in imaginary future.That's when real street smart traders are killing the naive chartists. Anyway...
agreed with you, on every thread there is some one who will keep posting their target. euro at 1.3900 , if reached than 1.4200 than 1.4500. there should be some rules on FF if some one says something, he should be asked for reason y he is confusing everyone
  • #897,837
  • May 15, 2014 3:14am May 15, 2014 3:14am
Quoting MaxDoom
{quote} glad to see you back
I am back too.. whoo hooo...!
Well done with your shorts mate... So, enough already...?
  • #897,838
  • May 15, 2014 3:15am May 15, 2014 3:15am
Quoting forex_fairy
This craz bear run has not stopped
It is not over yet... It can go down to 1.3600...

There is still room for further downside.
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #897,839
  • May 15, 2014 3:15am May 15, 2014 3:15am
The EJ is running out of gas. exited. Gone long UJ
  • #897,840
  • May 15, 2014 3:18am May 15, 2014 3:18am
Quoting Vachus
I will speculate $1.3640 is the final target for this bear trend to finally ends! if i was correct - price will touch there for few minutes and bounce back up almost same day ... i will give a try for a long position for 15 pips stop lose @MaxDoom, Good morning - i see you are having much fun early on the morning.
speculate??? and final??? wow.
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