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EURUSD

  • #901,261
  • May 28, 2014 10:03am May 28, 2014 10:03am
alright, time to go up now
  • #901,262
  • May 28, 2014 10:05am May 28, 2014 10:05am
Quoting SupraSense
alright, time to go up now
or not.....
  • #901,263
  • May 28, 2014 10:08am May 28, 2014 10:08am
Quoting SupraSense
{quote} It's conventional wisdom that the majority will be wrong. We still have plenty of people here going long, despite EURUSD clearly going down. So I thought the question was, where is the bottom, and I believe it will be when the majority of those that are still longing, start thinking that EURUSD can only go down. Hope that's clearer.

it's hard to tell when majority will be selling...

as for me I think they gonna do that today or tomorrow...

so I am in buy becouse I feel all noobs gonna go SELL this time

and yeah, go sell everybody
  • #901,264
  • May 28, 2014 10:14am May 28, 2014 10:14am
Quoting SupraSense
alright, time to go up now
Heed the lessons of failure.
  • #901,265
  • May 28, 2014 10:16am May 28, 2014 10:16am
Quoting pipec
{quote} it's hard to tell when majority will be selling... as for me I think they gonna do that today or tomorrow... so I am in buy becouse I feel all noobs gonna go SELL this time and yeah, go sell everybody
generally there is always room for a long trade and a short trade from the same price, it's about the trade plan, management and expectations

forget the majority that will just mess with your brain even headless chickens run in the right direction sometimes.... concentrate on what you know, what you can control give no regard to retail positions and direction
  • #901,266
  • May 28, 2014 10:16am May 28, 2014 10:16am
Quoting pipec
{quote} it's hard to tell when majority will be selling... as for me I think they gonna do that today or tomorrow... so I am in buy becouse I feel all noobs gonna go SELL this time and yeah, go sell everybody
for the past weeks eurusd was bearish while the majority of the people in this forum said every single time: "now this is a great level to buy"....and it kept on dropping......this pair has been bullish for a very long time and based on the change in sentiment and price action, it will keep on doing this......drop drop drop......now you guys go and keep on buying......this pair is ripe for selling on pull backs.
  • #901,267
  • May 28, 2014 10:18am May 28, 2014 10:18am
Quoting Magicmen
Expecting a bounce from 3638 to 368x then down to 359x
Long 3591
  • #901,268
  • May 28, 2014 10:21am May 28, 2014 10:21am
Quoting SupraSense
{quote} It's conventional wisdom that the majority will be wrong. We still have plenty of people here going long, despite EURUSD clearly going down. So I thought the question was, where is the bottom, and I believe it will be when the majority of those that are still longing, start thinking that EURUSD can only go down. Hope that's clearer.
Yes you are right. Nobody knows that what is the bottom. But there is one thing that there are many traders who have added so many long positions without money management and a time will come when they will receive STOP OUT CALL. This will be the time when suddenly long lots will be closed and market will be ready to go up. | love this challenging game.
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Love for all; Hatred for none.
  • #901,269
  • May 28, 2014 10:22am May 28, 2014 10:22am
lets long people like theres no tomorrow
  • #901,270
  • May 28, 2014 10:28am May 28, 2014 10:28am
Quoting lolipop
lets long people like theres no tomorrow
Go in full with all your 0.01 lot ..i'll follow
fokyou forexfactory
  • #901,271
  • May 28, 2014 10:29am May 28, 2014 10:29am
Quoting aahmad29
{quote} Yes you are right. Nobody knows that what is the bottom. But there is one thing that there are many traders who have added so many long positions without money management and a time will come when they will receive STOP OUT CALL. This will be the time when suddenly long lots will be closed and market will be ready to go up. | love this challenging game. {image}

That's not a big statistics number .... Myself along already contribute to like 2% long already.
  • #901,272
  • May 28, 2014 10:30am May 28, 2014 10:30am
Quoting CandleStar
This slow fall of the eur makes me think we could see a rise in June. Would fit my timing But this is just an assumption.
No matter which way it goes, we will see the current level ~3600 soon again. We see this level sooner if it drops from here now. That warrants a buy.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #901,273
  • May 28, 2014 10:30am May 28, 2014 10:30am
Quoting FibsWork4Me
{quote} I've also noticed members like " Vachus" being very harsh about those who have been selling. If the short positions has been the big winner, and it is clear to see that the buyers aren't in the market, then why would be be so upset about what has been going on? It would appear that basing your trade on support/resistance or current events seems to be rather pointless. Wouldn't you agree SupraSense?
I would. When there is a proper reversal, there is almost always a good time to jump on board. But by definition a bottom must not have any lower lows. And we keep making lower lows, therefore, you short, or you wait for a good time to long. There hasn't been a reversal yet. When it comes, by all means jump on board. Right now it's premature. You don't need to pick the absolute bottom.

I can only think those upset at the shorters are upset because they are losing.

Well done the shorters I say, and keep it up. There are still long who think this is cheap. The buyers have still not stepped up. I'll watch and wait, and if they do, I'll look to go long. Otherwise I'm currently flat and looking for a good entry to go short.
  • #901,274
  • May 28, 2014 10:31am May 28, 2014 10:31am
Quoting DNTme
{quote} Go in full with all your 0.01 lot ..i'll follow
sorry dude you are wrong with one zero its 0.1 lot
  • #901,275
  • May 28, 2014 10:41am May 28, 2014 10:41am
Quoting lolipop
{quote} sorry dude you are wrong with one zero its 0.1 lot
lol you've got brass balls my man
  • #901,276
  • May 28, 2014 10:42am May 28, 2014 10:42am
First TP on 1.35889 hit.

4 pips risk for 45 reward. 2nd already on BE.

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  • #901,277
  • May 28, 2014 10:48am May 28, 2014 10:48am
Quoting SupraSense
{quote} lol you've got brass balls my man
but who said am long... brass balls whats the brass balls something like konchita?
  • #901,278
  • May 28, 2014 11:11am May 28, 2014 11:11am
For me, if i only talk about indicators then my formula for Long condition is:

EU:

RSI(19)-H4 > 50 and PA>EMA(200-H1)
Love for all; Hatred for none.
  • #901,279
  • May 28, 2014 11:31am May 28, 2014 11:31am
For all of you who insist in open longs, now is the time for it.

First TP 1.3673, second 1.3708 SL 1.3563
  • #901,280
  • Edited 12:08pm May 28, 2014 11:56am | Edited 12:08pm
Quoting FibsWork4Me
{quote} I've also noticed members like " Vachus" being very harsh about those who have been selling. If the short positions has been the big winner, and it is clear to see that the buyers aren't in the market, then why would be be so upset about what has been going on? It would appear that basing your trade on support/resistance or current events seems to be rather pointless. Wouldn't you agree SupraSense?
I'm not harsh on anyone, and i was simply explaining my opinion. Have u seen me waiting to reply to everyone saying " I'm going short", No! You know why?! Because very few people around here, can call numbers like $1.20 or $1.50 while stand their grounds to justify it ... the rest are just pip machine guns, and worthless comments to be frank.
"It's the Margin, Stupid."
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