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EURUSD

  • #900,801
  • May 26, 2014 1:03pm May 26, 2014 1:03pm
Quoting Citiboy
{quote} If we can get a respectable size retrace this week in the overall moves seen across FX, fixed income and equity markets in the wake of Draghi's pre commit to action... I will add more to my trades betting on ECB easing. Added back some small shorts at 1.3654 here. Looking eagerly to add at 1.3700 and 1.3750
retracement should get at least to 23.6/38.2%, preferably 50/61.8%. Otherwise it is not retracement, or it has not started yet.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,802
  • May 26, 2014 1:04pm May 26, 2014 1:04pm
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Attached Image

People often ask me if I anticipate price higher why not buy now then sell later.
My answer is we don't know if Price will go up and considering underlining fundamentals I can't buy.I will let huge institutions doing the buying moving PA north but not willing to risk my money on that assumption.
In trading, you have to be defensive and aggressive at the same time
  • #900,803
  • May 26, 2014 1:06pm May 26, 2014 1:06pm
Quoting ffleo
{quote} retracement should get at least to 23.6/38.2%, preferably 50/61.8%. Otherwise it is not retracement, or it has not started yet.
100% agree
In trading, you have to be defensive and aggressive at the same time
  • #900,804
  • May 26, 2014 3:03pm May 26, 2014 3:03pm
Quoting RomanBubenik
{quote} really doubt about rise, there are no signals that it should go up.
Dont worry, u will get them soon
(It's not an advise, use your own head..)
  • #900,805
  • May 26, 2014 3:53pm May 26, 2014 3:53pm
Quoting lancedes
{quote} Jeez! That's frigging scary mate!
Thats real life for ya!
All posts are my personal opinion
  • #900,806
  • May 26, 2014 3:54pm May 26, 2014 3:54pm
Quoting pedro319
{quote} GBPUSD Going well and more updates over the weekend.
GBPUSD
I expect this pair to reach 1.6667, 1.27 Fib Extension initially as target of ABCD on Daily chart, as part of butterfly sell posted before. This target area is confluence with Oversold on Daily chart also.
For the ones who are not in yet, you will probably have to wait for retracement on 4 hours chart 50 % 0r 61.8 (using this swings and not the daily because new swing on daily just started) even 16850 is not too bad, but I like to see confluence and the new weekly pivot doesn't have it this time.
Later I would like to see downward move to 1.64 and this is the only place where at the moment I consider taking any long position on this pair.
Cheers.
Attached Image (click to enlarge)
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We watch the charts from every angle so you don't have to!!
  • #900,807
  • May 26, 2014 4:04pm May 26, 2014 4:04pm
Boring day! Here some entertainment :

Inserted Video
  • #900,808
  • May 26, 2014 4:08pm May 26, 2014 4:08pm
Quoting Capelli
Boring day! Here some entertainment : https://www.youtube.com/watch?v=CXrD4rAHZyE
This one is a little bit old but....

Inserted Video
  • #900,809
  • May 26, 2014 4:12pm May 26, 2014 4:12pm
Quoting Capelli
Boring day! Here some entertainment : https://www.youtube.com/watch?v=CXrD4rAHZyE
I literally just watched this like last week, laughed my ass off.
All posts are my personal opinion
  • #900,810
  • May 26, 2014 4:13pm May 26, 2014 4:13pm
Quoting Rtm
{quote} I literally just watched this like last week, laughed my ass off.
I just saw it. Its funny and sad at the same time
  • #900,811
  • Edited 4:41pm May 26, 2014 4:20pm | Edited 4:41pm
EURUSD
Technical:
This is just an idea how this pair could be traded in the near future in case we don't see any meaningful retracement.
I posted this chart before but want to add a few details.
Price broke through double top's neckline on daily chart and is forming butterfly buy on 1 hour chart with 1.618 ext around 1.3600 area. A re test of the neckline 1.3670 (close to Weekly pivot) could happen then and give us a good trading opportunity, until one of these two happen I am not touching anything. In case we have an upward move through the neckline 1.3670 then maybe a larger retracement is on it's way and I will monitor for precise fib number on 4 hours or even daily to sell, once again the retracement depends greatly on what swing are we measuring in what time frame, cause they not always so obvious!!
Remember that the initial target of the butterfly weekly chart posted here before was already achieved but 1.618 Ext around 1.35 still has good chances of being reached, at the same time target of double top should be 1.3390 area.
Fundamental:
Right parties vote swing in the EU pretty much speaks for itself, the next times are not going to be easy and the elites running the EU will have to show something unless they want to see the same type of results in general national elections making policy making in the EU almost impossible, the pressure is on!!
Attached Image (click to enlarge)
Click to Enlarge Name: Double top Daily.png Size: 204 KB
We watch the charts from every angle so you don't have to!!
  • #900,812
  • May 26, 2014 4:24pm May 26, 2014 4:24pm
Quoting math_GB
{quote} I told you that before brother... Turkey is and will be my second home for me and my kids... A macho idiot can not change that... I will be in Alacati - Cesme come July...
Gidday Math

My partner lived in Turkey

she was selling art paintings etc

Got married had a son

Hard case he got called up for military service

last week.

Great news for me

Can't wait to see the back of the lazy asshole.

I can't imagine they would be looking for any Forrest Gumps

Still either you buy your way out off the deal

or you put it off till later
  • #900,813
  • May 26, 2014 5:18pm May 26, 2014 5:18pm
Quoting Capelli
{quote} I just saw it. Its funny and sad at the same time
This guy has some serious acting skills ... It's not real though, killed me laughing!
"It's the Margin, Stupid."
  • #900,814
  • May 26, 2014 5:54pm May 26, 2014 5:54pm
So ,are we still shorting here?
  • #900,815
  • May 26, 2014 5:59pm May 26, 2014 5:59pm
Quoting Lamira
So ,are we still shorting here?
Well the sentiment hasn’t changed has it? Nothing new has come out, is it that hard to trade? Do some homework. The market is begging you do read up on it. US still in more of a expansive cycle, we had bonds sell off now I just want to see some commodities price action and maybe look for opportunities there. Euro has so many things going on I dont know if I will trade it much longer. S&P500 not stopping.. just buy that.

Only talk bringing rates back to 2% but moderate pace, market has obv priced a lot of that in already.
All posts are my personal opinion
  • #900,816
  • May 26, 2014 6:38pm May 26, 2014 6:38pm
Quoting Magicmen
{quote} Just out of curiosity, Does anyone knows how much US Aids goes to Turkey?
mostly unknown. its in the billions since ww2. cia money is secretive. many countries get aid today, even russia,china. nato contributions would be hard to separate for a single country.
those who can, do. those who cant, talk about those who can
  • #900,817
  • May 26, 2014 6:49pm May 26, 2014 6:49pm
Quote
nato contributions would be hard to separate for a single country.

Nato isnt donation, it is a investment into a bright (war) future..
How to opt out annoying user signatures ??
  • #900,818
  • May 26, 2014 7:02pm May 26, 2014 7:02pm
Covered my half at my risk (67)....let see if it can get to latest SwingL.
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Wherever you go, there you are.
  • #900,819
  • May 26, 2014 7:03pm May 26, 2014 7:03pm
Quoting Capelli
Boring day! Here some entertainment : https://www.youtube.com/watch?v=CXrD4rAHZyE

This is not funny
There are millions of people like this enter the market every second, every minute, every hour every day etc
Big ego,s, thinking this is easy shit, gonna make millions, who needs a real job, when Im rich I will OWN my boss

Problem 1 Ego
Problem 2 Repeating the same mistakes
Problem 3 No trade plan, MM, no nothing
Problem 4 all the above

When you get a green pip, it is most likely peoples like this, if you get really good will get a chunk of theirs but you will rarely get a piece of the Market Mover action, but when you do, you will be a trader
If you are new to Forex? Say Goodbye to your account!!
  • #900,820
  • May 26, 2014 7:08pm May 26, 2014 7:08pm
Quoting KiwiTrada
{quote} This is not funny There are millions of people like this enter the market every second, every minute, every hour every day etc Big ego,s, thinking this is easy shit, gonna make millions, who needs a real job, when Im rich I will OWN my boss Problem 1 Ego Problem 2 Repeating the same mistakes Problem 3 No trade plan, MM, no nothing Problem 4 all the above When you get a green pip, it is most likely peoples like this, if you get really good will get a chunk of theirs but you will rarely get a piece of the Market Mover action, but when you...

After 10 years being on the Stock and Forex market im started being constantly profitable in the last 2-3 years.

Its a great feeling and i love it.
But, there is so much to learn, to notice and to be able to understand.

And i learned 3/4 is your personal psychological strength and account vs % risked !!

Love this game even is it the end of the mankind

ps. I like it that it is a very hard game. So realy realy few people can do it. What does you push up.

It it isnt so, and every monkey could do it, so where would the effort and success would be ??
How to opt out annoying user signatures ??
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