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EURUSD

  • #923,021
  • Sep 11, 2014 9:42am Sep 11, 2014 9:42am
Quoting NoCoolNick
{quote} BOJ !!?? You got to be kidding me.. added a short at 2942... thanks BOJ
It is not BOJ, Kuroda said nothing new.
  • #923,022
  • Sep 11, 2014 9:43am Sep 11, 2014 9:43am
Quoting Imaywin
Hmm Dunno if 1.2965 will hold until Draghi with such a pressure. Bad US data and now Hilsenrath says Fed is very likely to be dovish next week.
The higher we are before Draghi, the bigger the fall.
Everyone can see the chart, but only a few can actually read it.
  • #923,023
  • Sep 11, 2014 9:43am Sep 11, 2014 9:43am
2950..how many times???
  • #923,024
  • Sep 11, 2014 9:43am Sep 11, 2014 9:43am
for the bulls out there.. most of these have not made it.. i dont advocate a long. if u are bullish and your right. the long set up was at 2910 or close to the low at 2858 w/o a lower low.. the target would have been 3065/66. (since 3992 few have done a successful one, not being able to do this is also the current trend)... anyway if not short, a possible short me be at/after 3065... not that i would long it to 3065...3014 is the 3/4 mark. 2946 is still doing its thing, but we did close the last 4h above it.. once again, since 3992 few have made it..
those who can, do. those who cant, talk about those who can
  • #923,025
  • Sep 11, 2014 9:45am Sep 11, 2014 9:45am
Think I got my 1,000 pip trade entry
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The Thief of Wall Street
  • #923,026
  • Sep 11, 2014 9:46am Sep 11, 2014 9:46am
Quoting Beli
2950..how many times???
5 times on M15 and 3 on H1
I'll pick up the crumbs don't need the whole pie
  • #923,027
  • Sep 11, 2014 9:47am Sep 11, 2014 9:47am
Quoting OnlineAddict
{quote} The higher we are before Draghi, the bigger the fall.
I'm thinking the same. also, more people are long at this time.
When Scalpers win, I lose and Vice varsa...
  • #923,028
  • Sep 11, 2014 9:47am Sep 11, 2014 9:47am
Quoting gatorinla
2946 is still doing its thing, but we did close the last 4h above it..
Might be a trap. Yesterday, bulls were trying all EU session, finally managed to close above 2950 and then a big drop towards 2883 started.
Everyone can see the chart, but only a few can actually read it.
  • #923,029
  • Sep 11, 2014 9:49am Sep 11, 2014 9:49am
Quoting imnicetoyou
we it's down trending, it will go below 2900 end of this week or next week, BUT right now, it will do a up-ward CORRECTION!
you may be right.. the road is paved with these, most were wrong
those who can, do. those who cant, talk about those who can
  • #923,030
  • Sep 11, 2014 9:52am Sep 11, 2014 9:52am
So far, to the pip, 2950 is the top of the channel. Any break might be fake, of course, below or above.

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Everyone can see the chart, but only a few can actually read it.
  • #923,031
  • Sep 11, 2014 9:52am Sep 11, 2014 9:52am
Quoting OnlineAddict
{quote} Might be a trap. Yesterday, bulls were trying all EU session, finally managed to close above 2950 and then a big drop towards 2883 started.
only those in the trade can be trapped.
those who can, do. those who cant, talk about those who can
  • #923,032
  • Sep 11, 2014 9:53am Sep 11, 2014 9:53am
Quoting OnlineAddict
Today, 2860 doesn't have to be watched for a potential break downside...29 will be enough...once that breaks, 2860 is history.
you see the big white candle on 4-H chart? next one will be white TOO`
  • #923,033
  • Sep 11, 2014 9:55am Sep 11, 2014 9:55am
anyone ever been to a casino and read the little "how to gamble cards" does one really think the casinos are printing materials to show you how to beat them?
does one think banks/brokers are doing the same? lots of pretty colors to chose from in those indi packages i see posted here. maybe with those shiny colors in another time you could buy Manhattan.
those who can, do. those who cant, talk about those who can
  • #923,034
  • Sep 11, 2014 9:55am Sep 11, 2014 9:55am
Quoting imnicetoyou
{quote} you see the big white candle on 4-H chart? next one will be white TOO`
Unfortunately, that broker of mine doesn't have proper H4, they have different time settings, no idea why. I prefer to use H4 which closes with the end of US session.
Everyone can see the chart, but only a few can actually read it.
  • #923,035
  • Sep 11, 2014 9:57am Sep 11, 2014 9:57am
Quoting gatorinla
{quote} only those in the trade can be trapped.
Exactly, just stay out until the dust has settled.

For me I might miss a winning trade, but I avoid a deep loss at the same time.
  • #923,036
  • Sep 11, 2014 10:01am Sep 11, 2014 10:01am
Quoting gatorinla
{quote} only those in the trade can be trapped.
Yes, but bears have it easy at this point...short from 2950 and the high to break is only 12 pips away...much worse RR on the long side, since the bottom is now 80 pips away.
Everyone can see the chart, but only a few can actually read it.
  • #923,037
  • Sep 11, 2014 10:02am Sep 11, 2014 10:02am
Quoting Pharm0r
{quote} I dunno. Ask donfriday. He's a red flag.
Pharm i am trading from daily chart and i may see other way from those scalping...price in consolidation at support zone a break below that support make a bearish continuation and thats below Tuesday bullish candle..

note before i take a short that will be next week and it must be below 1.2855..good luck with your short i have been wrong many times
MY OPINION NOT FINANCIAL ADVISE
  • #923,038
  • Sep 11, 2014 10:04am Sep 11, 2014 10:04am
Quoting imnicetoyou
{quote} you see the big white candle on 4-H chart? next one will be white TOO`
what time does your next 4h candle close? in hours...(how many hours from now will it close?)
those who can, do. those who cant, talk about those who can
  • #923,039
  • Sep 11, 2014 10:10am Sep 11, 2014 10:10am
Quoting OnlineAddict
{quote} Yes, but bears have it easy at this point...short from 2950 and the high to break is only 12 pips away...much worse RR on the long side, since the bottom is now 80 pips away.
i dont recall saying bears..or bulls in that post.. if one looks to the left and the last higher close. then they could figure if the newest close cluster is higher or not on their own. i know on the h tf the last cluster atm is lower..
those who can, do. those who cant, talk about those who can
  • #923,040
  • Sep 11, 2014 10:10am Sep 11, 2014 10:10am
Quoting gatorinla
{quote} what time does your next 4h candle close? in hours...(how many hours from now will it close?)
will close in 50 min....
how is this white candle gonna possibly change to a black one with in 50 min...
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