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EURUSD

  • #913,621
  • Aug 1, 2014 2:16am Aug 1, 2014 2:16am
Quoting Magicmen
{quote} Hope you are scalping
Today scalping small lots, happy with anything that brings a dollar or two too the account. In the bigger picture i'm hoping to see a real test av 3366, so if it starts to show some weaknes i will probably build on the shorts. If not.. take 1,2,3,4,5 pips and run..
I don't even have a cool signature
  • #913,622
  • Aug 1, 2014 2:18am Aug 1, 2014 2:18am
Quoting gatorinla
{quote} zooming in on he usdx h chart, this is the hurdle. no h closes above yet {image}
It does look bullish still, and above the nov-13 and jan-14 highs.. But still, nothing moves in straight lines..

EDIT: after zooming in to 1h a bearish wedge is in the making, still room up..
I don't even have a cool signature
  • #913,623
  • Aug 1, 2014 2:23am Aug 1, 2014 2:23am
Quoting NoCoolNick
{quote} It does look bullish still, and above the nov-13 and jan-14 highs.. But still, nothing moves in straight lines..
i am the anti straight line guy. waiting for bounces this time has not served me as well as normal, 2008 was similar for those waiting, it eventually did bounce. but then, the fed was still printing on the drop, and the ecb was relaxing at the pool. its different this time
those who can, do. those who cant, talk about those who can
  • #913,624
  • Aug 1, 2014 2:29am Aug 1, 2014 2:29am
Quoting NoCoolNick
{quote} Today scalping small lots, happy with anything that brings a dollar or two too the account. In the bigger picture i'm hoping to see a real test av 3366, so if it starts to show some weaknes i will probably build on the shorts. If not.. take 1,2,3,4,5 pips and run..
I am bullish due to geo political situation. Start building small lots. It may go back to 3366
  • #913,625
  • Aug 1, 2014 2:33am Aug 1, 2014 2:33am
movie about the 2008 crash in the eyes of the ecb,,
Inserted Video
those who can, do. those who cant, talk about those who can
  • #913,626
  • Aug 1, 2014 2:37am Aug 1, 2014 2:37am
My 1st target 3412.
  • #913,627
  • Edited 2:53am Aug 1, 2014 2:37am | Edited 2:53am
Quoting Magicmen
{quote} I am bullish due to geo political situation. Start building small lots. It may go back to 3366
It's tricky today, just bailed my short at 33945. Still the bull is weak so.. Longs should be an option soon. Will take a stab at cable if we get 6820

3392 is my small trendline on 1H, if we close above that then i will not be shorting for a while.

EURGBP is f*cking it up

Edit: even got a 4 H trendline showing up, but exact placement is a bit unclear, looks to be around 3397 area.
I don't even have a cool signature
  • #913,628
  • Aug 1, 2014 2:40am Aug 1, 2014 2:40am
Quoting Magicmen
My 1st target 3412.
Revised clim

1.34008
1.34236
1.34463
1.34919
1.35602
1.36741
  • #913,629
  • Aug 1, 2014 2:45am Aug 1, 2014 2:45am
Quoting NoCoolNick
{quote} It's tricky today, just bailed my short at 33945. Still the bull is weak so.. Longs should be an option soon. Will take a stab at cable if we get 6820 3392 is my small trendline on 1H, if we close above that then i will not be shorting for a while.
Yep. Better to stay aside when you are not comfortable.
  • #913,630
  • Aug 1, 2014 2:52am Aug 1, 2014 2:52am
Quoting Matts Micro
Technically there's a possibility of a fake out in this region before a correction to the top side imo. {image}
Which one is the fake?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd #45.JPG Size: 94 KB
As the lights go by so too do the shadows move
  • #913,631
  • Aug 1, 2014 2:58am Aug 1, 2014 2:58am
Staying out today...as GBP PMI was less than expected and NFP looming and it is big boys pay day friday... I have a close above my falling trend line H1.. which is telling me a small crawl up to around 134000.. may switch on the ps4 and relax..
  • #913,632
  • Aug 1, 2014 3:02am Aug 1, 2014 3:02am
Here it is..
Attached Image (click to enlarge)
Click to Enlarge Name: eurfriday.jpg Size: 247 KB
  • #913,633
  • Aug 1, 2014 3:06am Aug 1, 2014 3:06am
eu is like watching paintings dry, better action on the twins,
If you are new to Forex? Say Goodbye to your account!!
  • #913,634
  • Aug 1, 2014 3:09am Aug 1, 2014 3:09am
Quoting Matts Micro
{quote} You're welcome. Here is one of my setups that I am referring to. Wedge BO with H&S bottom. Hoping for this to complete for a few pips. {image}
Quoting buttons
Staying out today...as GBP PMI was less than expected and NFP looming and it is big boys pay day friday... I have a close above my falling trend line H1.. which is telling me a small crawl up to around 134000.. may switch on the ps4 and relax..
Is it the chicken or the egg?
As the lights go by so too do the shadows move
  • #913,635
  • Aug 1, 2014 3:10am Aug 1, 2014 3:10am
Quoting KiwiTrada
{quote} me too, 10mins, todays open my marker
Bulls are crawling up irrespective of poor GBP's MPMI. I think no look behind. Trailing 25 pips may be a good option
  • #913,636
  • Aug 1, 2014 3:17am Aug 1, 2014 3:17am
Quoting Magicmen
{quote} Bulls are crawling up irrespective of poor GBP's MPMI. I think no look behind. Trailing 25 pips may be a good option
nope I have just add 1 lot 33997 sl 3406 I am happy to risk 6 pip more swissy is running into support, should help out even with holiday
If you are new to Forex? Say Goodbye to your account!!
  • #913,637
  • Aug 1, 2014 3:18am Aug 1, 2014 3:18am
is anyone short usd/jpy here?? I am shorting since 102.87
  • #913,638
  • Aug 1, 2014 3:19am Aug 1, 2014 3:19am
Quoting Magicmen
{quote} Bulls are crawling up irrespective of poor GBP's MPMI. I think no look behind. Trailing 25 pips may be a good option
Looks like you got it right today. Initially this morning it was my thinking too but could not disregard the bearish waves on the charts. Now lets see if we can break yesterday highs..

But I got my GBPUSD, will be good for some pips..
I don't even have a cool signature
  • #913,639
  • Aug 1, 2014 3:19am Aug 1, 2014 3:19am
Quoting Matts Micro
{quote} {quote} Is it the chicken or the egg?
Well if you are trading what you see... its up up and away as the close is agreeing same.. I believe the flows from GBP to EUR will continue until NFP... so those that are long .... nice... Im not in.. too many forces at work...
  • #913,640
  • Aug 1, 2014 3:31am Aug 1, 2014 3:31am
Attached Image


This condition has just been satisfied!!! Notice that EURUSD respected that number and will close below it!!!
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