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  • #919,981
  • Aug 27, 2014 11:04pm Aug 27, 2014 11:04pm
Quoting Shug
EU broke out of its range. I'm thinking it will range for a few hours til London open then make another leg up. {image}
Same here too.
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  • #919,982
  • Aug 27, 2014 11:18pm Aug 27, 2014 11:18pm
Quoting SukkimLama
{quote} Same here too. {image}
Yes, I don't know why commentators would be flat out saying don't buy EUR/USD, when both the Euro is so oversold, and USD so overbought. It's wrong to profit?
  • #919,983
  • Aug 27, 2014 11:25pm Aug 27, 2014 11:25pm
They needed a bit higher to slam dunk this puppy one more time
Why sell the bottoms when you can buy the tops...
  • #919,984
  • Aug 27, 2014 11:30pm Aug 27, 2014 11:30pm
Quoting JustAndy
They needed a bit higher to slam dunk this puppy one more time
yeah, esp given current market conditions.
  • #919,985
  • Aug 27, 2014 11:31pm Aug 27, 2014 11:31pm
GC

Broke, has found support @ 200ema.....just for smart traders to get in with a PB...... and at least for a test of the recent low, if it does not hold.....well......Pa is telling me it will not..........
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  • #919,986
  • Aug 27, 2014 11:39pm Aug 27, 2014 11:39pm
Quoting Didgeridoo
{quote} Yes, I don't know why commentators would be flat out saying don't buy EUR/USD, when both the Euro is so oversold, and USD so overbought. It's wrong to profit?
May be this time buyers can book good profit. Let's see, what happens! Love, peace & harmony
  • #919,987
  • Aug 27, 2014 11:42pm Aug 27, 2014 11:42pm
it makes sense to me being bearish on eur, noone with the right mind will go in and long, given all the bad news coming from euro zone.

Quoting mied
maybe i am just stuborn but i think she still in bearish mode.. and i am looking for sell near 1.3220 .. or maybe below that.. look for another development.. i will post if i'm change my mind.. good luck to you note : also if she go below at 1.3208 first im sell at that area too..
  • #919,988
  • Aug 27, 2014 11:49pm Aug 27, 2014 11:49pm
Quoting bluetoss
it makes sense to me being bearish on eur, noone with the right mind will go in and long, given all the bad news coming from euro zone. {quote}
There are people in this world with deep enough pockets that can afford to buy at this price and just sit on the trade until price reaches a certain target.

Probably you never seen an account that is use to trade according to the chaos theory.
Why sell the bottoms when you can buy the tops...
  • #919,989
  • Aug 27, 2014 11:58pm Aug 27, 2014 11:58pm
Ha...these people are not going to win in the long run unless they collude. just in fx, i know brokers and banks are betting against you, and to win, you have to be in the top 20%, they dun mind paying you after swallowing the other 80%. i have worked closely with bankers and traders before, and i know their tricks.

Quoting JustAndy
{quote} There are people in this world with deep enough pockets that can afford to buy at this price and just sit on the trade until price reaches a certain target. Probably you never seen an account that is use to trade according to the chaos theory.
  • #919,990
  • Aug 28, 2014 12:00am Aug 28, 2014 12:00am
Quoting JustAndy
{quote} There are people in this world with deep enough pockets that can afford to buy at this price and just sit on the trade until price reaches a certain target. Probably you never seen an account that is use to trade according to the chaos theory.
counter trend traders will be interested....they can make good money if they are good...needs to be very nimble..risk little..they often lose....but their RR can be excellent
  • #919,991
  • Aug 28, 2014 12:06am Aug 28, 2014 12:06am
Gidday EUR/US

I know they say the little guy does not matter in the bigger picture

but the bean counters are more than happy

to spend all day trying to empty are accounts

Still many are holding longs,hedging an not adding new

positions until the dust settles.

But pretty sure the closer we get to the 1.30

will bring on some nice spikes
  • #919,992
  • Aug 28, 2014 12:16am Aug 28, 2014 12:16am
Quoting eliteincome
Gidday EUR/US I know they say the little guy does not matter in the bigger picture but the bean counters are more than happy to spend all day trying to empty are accounts Still many are holding longs,hedging an not adding new positions until the dust settles. But pretty sure the closer we get to the 1.30 will bring on some nice spikes
triple top on the 5m
  • #919,993
  • Aug 28, 2014 12:16am Aug 28, 2014 12:16am
this is my first reply on this thread,for some reason i came in here,but found some people bearish on euro,so i couldnt just leave without explaining what i have in mind for you,god only knows what i know about this market,but what i found out some people would annoy you for not explaining what you know...things sometimes are not easy to explain.....

but this one here i can explain.....and i promise you will not forget this info till the rest of your life.

its very very very simple

just draw these 4 moving averages

11sma high....11sma low color lets say blue

6sma high....6 sma low color red

anyone please let me know when its drawn
  • #919,994
  • Aug 28, 2014 12:21am Aug 28, 2014 12:21am
it's only trending up for short tf, look at 1 hour and then tell me about it...

Quoting wafiqsalameh
this is my first reply on this thread,for some reason i came in here,but found some people bearish on euro,so i couldnt just leave without explaining what i have in mind for you,god only knows what i know about this market,but what i found out some people would annoy you for not explaining what you know...things sometimes are not easy to explain..... but this one here i can explain.....and i promise you will not forget this info till the rest of your life. its very very very simple just draw these 4 moving averages 11sma high....11sma low color...
  • #919,995
  • Aug 28, 2014 12:34am Aug 28, 2014 12:34am
Quoting bluetoss
it's only trending up for short tf, look at 1 hour and then tell me about it... {quote}
my friend...the daily resistance on the euro 1.3217 ,now its 5pips away from it,usually i do sell on daily resistance but not on todays case,thats what im trying to explain with the 4 movings above
  • #919,996
  • Aug 28, 2014 12:37am Aug 28, 2014 12:37am
Alright Lads , watch out for 3220/40 level today as a sell momentum could occur if price reachs those levels in the first place - which most likely would happen- 3155/60 is good place for buying limits and SL @3150 . a break through 3150 suggest 3105 as next station . a break through 3240/50 suggests a retest of 3295 level .

edit : all things considered , watch out for Month-end flows -portfolio re-balancing- and trade your plan.
Get Rich or Die Tryin
  • #919,997
  • Aug 28, 2014 12:38am Aug 28, 2014 12:38am
Quoting wafiqsalameh
this is my first reply on this thread,for some reason i came in here,but found some people bearish on euro,so i couldnt just leave without explaining what i have in mind for you,god only knows what i know about this market,but what i found out some people would annoy you for not explaining what you know...things sometimes are not easy to explain..... but this one here i can explain.....and i promise you will not forget this info till the rest of your life. its very very very simple just draw these 4 moving averages 11sma high....11sma...
A big mistake you decided to post here, but welcome anyway.

Why do you think we are students in your class? Please draw it yourself and show it to us.
The Thief of Wall Street
  • #919,998
  • Aug 28, 2014 12:43am Aug 28, 2014 12:43am
Quoting Chicky
{quote} A big mistake you decided to post here, but welcome anyway. Why do you think we are students in your class? Please draw it yourself and show it to us.
lol
  • #919,999
  • Aug 28, 2014 12:45am Aug 28, 2014 12:45am
Quoting Chicky
{quote} A big mistake you decided to post here, but welcome anyway. Why do you think we are students in your class? Please draw it yourself and show it to us.
maaan,please tell me why its big mistake...and i swear to god and my 2 kids dont know how to post a chart here
  • #920,000
  • Aug 28, 2014 12:49am Aug 28, 2014 12:49am
Quoting wafiqsalameh
{quote} maaan,please tell me why its big mistake...and i swear to god and my 2 kids dont know how to post a chart here
Hey wafiq you migrate here from only gold thread?

Here my tips: learn how to post attachment first before try to teach
That which does not kill us makes us stronger
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