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  • #916,721
  • Aug 14, 2014 9:31am Aug 14, 2014 9:31am
Quoting giveachance
{quote} that price is out of question. it cannot happen.
The only thing that cannot happen in this life... is the eternity.... Everything else can happen...including 1,348...

we will see

venceremos
The good thing with the future is that it is progressively approaching...
  • #916,722
  • Aug 14, 2014 9:36am Aug 14, 2014 9:36am
If only we knew, buy EU during Eu session, Buy USD during NY session.

The selling is weaker than yesterday for now
Make money by doing the opposite of Giveachance aka loser
  • #916,723
  • Aug 14, 2014 9:39am Aug 14, 2014 9:39am
Quoting spinozagr
{quote} I am if you don't mind 1,348 is a feasible target in the next days IMO at least this price is what the abcd pattern dictates venceremos
I agree with that.

I believe we go have a new up wave according to a weekly chart...



https://dwq4do82y8xi7.cloudfront.net/x/3bo9xAae/
  • #916,724
  • Aug 14, 2014 9:39am Aug 14, 2014 9:39am
Quoting giveachance
whenever it does form a top now it will be hammered. I suspect this short squeeze is a bit too much and looking stretched bcoz it is on the back of horrible EU data. may be it is expiry related buying which has happened since the past 1:30 hrs

think I am rite and it may close below 3360 and the downtrend will begin again
  • #916,725
  • Aug 14, 2014 9:45am Aug 14, 2014 9:45am
Quoting Endoephemera
{quote} ...It's hesitating. 1.339x is last obstacle. If it hangs just below we'll break it. I blame this on the holiday season and the absence of many fun operators, off on their yachts. If it weren't for that we'd all be partying down (by which I mean reversing ) at 1.345.
Damn holiday season! LOL
I tried building a full size long but closed most. New small long at 1.3385. Let's see if we can party down at 1.345 tomorrow.
Practitioner of the cryptic trading arts
  • #916,726
  • Aug 14, 2014 9:46am Aug 14, 2014 9:46am
keep selling boys short from 1.3400 take her back down to 1.3375
  • #916,727
  • Aug 14, 2014 9:50am Aug 14, 2014 9:50am
Quoting giveachance
{quote} that price is out of question. it cannot happen.
I think it will re-test the bottom but I believe 1.3480 is a possibility for next week.
  • #916,728
  • Aug 14, 2014 10:06am Aug 14, 2014 10:06am
Quoting giveachance
{quote} think I am rite and it may close below 3360 and the downtrend will begin again
If we just stay close to the last two weeks madness then you will be right. Changed my TP on my shorts to 3365. This hour candle high is at the same high as yesterdays candle at this time, hopfully she will just continue down as yesterday.
I don't even have a cool signature
  • #916,729
  • Aug 14, 2014 10:08am Aug 14, 2014 10:08am
Quoting nessus94
If only we knew, buy EU during Eu session, Buy USD during NY session. The selling is weaker than yesterday for now
LOL, if you do it tomorrow it will backfire.. Tomorrow i will take it very easy and only small lots. And only scalps
I don't even have a cool signature
  • #916,730
  • Aug 14, 2014 10:11am Aug 14, 2014 10:11am
at this time of the day , better go gambling online or with friends rather than trading fx .
Get Rich or Die Tryin
  • #916,731
  • Aug 14, 2014 10:12am Aug 14, 2014 10:12am
hitting some resistance at 1.3380 if we break this most likely down to 1.3375 which is next resistance point.
  • #916,732
  • Aug 14, 2014 10:14am Aug 14, 2014 10:14am
is EU consolidating around the 1.338 mark? or will it go down to daily pivot 1.33720?
forex forex forex
  • #916,733
  • Aug 14, 2014 10:16am Aug 14, 2014 10:16am
Quoting thegmann
hitting some resistance at 1.3380 if we break this most likely down to 1.3375 which is next resistance point.
well looks like 1.338 was broken here's hoping we can take out 1.3375 but it's pretty strong resistance so most likely not if so were going downnnn.

Booking my profits at 1.3380 from 1.3400 short here's hoping for more

edit: was taken out at 1.3380 before ah well lets watch the break haha
  • #916,734
  • Aug 14, 2014 10:25am Aug 14, 2014 10:25am
Quoting NoCoolNick
{quote} If we just stay close to the last two weeks madness then you will be right. Changed my TP on my shorts to 3365. This hour candle high is at the same high as yesterdays candle at this time, hopfully she will just continue down as yesterday.
Almost there mate. You keeping any or covering all?
A pip is only worth it if you know how much you risked to earn it
  • #916,735
  • Aug 14, 2014 10:28am Aug 14, 2014 10:28am
back below 3383.5, the intraday bulls at 3376/77,,,,, below that is the recent lows.. all above 3325...3357 and so forth.. and some point one will fail..st still wants 3289 if 3312 and 3325 allow. atm usdx testing 81.59
those who can, do. those who cant, talk about those who can
  • #916,736
  • Aug 14, 2014 10:31am Aug 14, 2014 10:31am
Quoting thegmann
keep selling boys short from 1.3400 take her back down to 1.3375
More than 100 Pips since your warning.

Thanks
  • #916,737
  • Edited 10:43am Aug 14, 2014 10:33am | Edited 10:43am
Quoting vlady1974
{quote} Almost there mate. You keeping any or covering all?
Covering all, will try again tomorrow. Watching DP right now and trend before we broke higher, could continue that path, in that case I will cover here.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 63 KB


Yesterday it actually broke that trendline fairly easy comming down, so it could be just a bump on the road down back to 3355-3365 area
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5c.png Size: 68 KB
I don't even have a cool signature
  • #916,738
  • Aug 14, 2014 10:47am Aug 14, 2014 10:47am
Quoting gatorinla
back below 3383.5, the intraday bulls at 3376/77,,,,, below that is the recent lows.. all above 3325...3357 and so forth.. and some point one will fail..st still wants 3289 if 3312 and 3325 allow. atm usdx testing 81.59
no bulls here w/o 3408... if we reach 3408. (first clue). then bulls may attempt (if 3444 allows) 3466... w/o 3408 shorts are still better. i can count on one finger the ones that have made a target like 3466.. a break of 3444 (second clue) and the target would be 112 above 3444..... as said, few have made one since 3992.. so its bearish below 3408... and not breaking this seals the fate,,
those who can, do. those who cant, talk about those who can
  • #916,739
  • Aug 14, 2014 10:51am Aug 14, 2014 10:51am
The bigger question is if you where long in the chart below, would you think about shorting?

Attached Image (click to enlarge)
Click to Enlarge Name: USDIndexH4.png Size: 33 KB
I don't even have a cool signature
  • #916,740
  • Aug 14, 2014 10:51am Aug 14, 2014 10:51am
Quoting NoCoolNick
{quote} Covering all, will try again tomorrow. Watching DP right now and trend before we broke higher, could continue that path, in that case I will cover here. {image} Yesterday it actually broke that trendline fairly easy comming down, so it could be just a bump on the road down back to 3355-3365 area {image}
No worries. I thought I'd shoot the breeze on the risk appetite. I also want that damn dirty ape (1.3336-40) but she's an elusive. The DPP could be the deciding factor here. On the 1H, this is significant for me.... ie. change in trend.... but I'll close the day first.
A pip is only worth it if you know how much you risked to earn it
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