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EURUSD

  • #923,361
  • Sep 12, 2014 7:33am Sep 12, 2014 7:33am
Data as expected. Strong growth of retail sales thanks to huge consumer credit. But there is an end to this.
  • #923,362
  • Sep 12, 2014 7:34am Sep 12, 2014 7:34am
Big fight going on, PA is bullish, data bearish...safer to stay out until H4 close.
Everyone can see the chart, but only a few can actually read it.
  • #923,363
  • Sep 12, 2014 7:35am Sep 12, 2014 7:35am
USD selling on the news of course.
  • #923,364
  • Sep 12, 2014 7:36am Sep 12, 2014 7:36am
Connected the rest of the dots. Waiting for Prelim UoM Consumer Sentiment data for next movement.
Attached Image (click to enlarge)
Click to Enlarge Name: euhourly.png Size: 15 KB
Time turns trend. - W.D. Gann
  • #923,365
  • Sep 12, 2014 7:37am Sep 12, 2014 7:37am
Quoting NoCoolNick
{quote} and again... had it been important as level we would have been flying above 1.3000 by now..
Accumulation? Need to get more and more trader to make fool of 'em.
f(z)=z2+c
  • #923,366
  • Sep 12, 2014 7:37am Sep 12, 2014 7:37am
Quoting Imaywin
USD selling on the news of course.
This might easily turn both ways...
Everyone can see the chart, but only a few can actually read it.
  • #923,367
  • Sep 12, 2014 7:37am Sep 12, 2014 7:37am
25 pips ATR so far!!!
  • #923,368
  • Sep 12, 2014 7:38am Sep 12, 2014 7:38am
Quoting Imaywin
USD selling on the news of course.
remember the deal we made if your mythical H1 trendline breaks....
  • #923,369
  • Sep 12, 2014 7:41am Sep 12, 2014 7:41am
Good news for USD so shouldn't this pair be going down?
  • #923,370
  • Sep 12, 2014 7:41am Sep 12, 2014 7:41am
So the news is positive and USD is falling in all pairs. I don't get it?
  • #923,371
  • Sep 12, 2014 7:41am Sep 12, 2014 7:41am
Quoting Pharm0r
{quote} remember the deal we made if your mythical H1 trendline breaks....
We made no deal and it is still holding...
  • #923,372
  • Sep 12, 2014 7:43am Sep 12, 2014 7:43am
Quoting Nabz
So the news is positive and USD is falling in all pairs. I don't get it?
welcome to the market. 1st rule. co-relation does not imply causation
  • #923,373
  • Sep 12, 2014 7:43am Sep 12, 2014 7:43am
The usual stuff...Never trade because of data imo. It's like a coin flip.
IMO the only thing that you have to know about data is 'When?'.
f(z)=z2+c
  • #923,374
  • Sep 12, 2014 7:44am Sep 12, 2014 7:44am
Looks like its going to break to the upside. But so far to the pip.

Attached Image (click to enlarge)
Click to Enlarge Name: tothepip.png Size: 16 KB
Everyone can see the chart, but only a few can actually read it.
  • #923,375
  • Sep 12, 2014 7:47am Sep 12, 2014 7:47am
uh ohhhh last stop ...
  • #923,376
  • Sep 12, 2014 7:47am Sep 12, 2014 7:47am
2960 next.
Everyone can see the chart, but only a few can actually read it.
  • #923,377
  • Sep 12, 2014 7:48am Sep 12, 2014 7:48am
we may yet see a 2990 test this week.....
  • #923,378
  • Sep 12, 2014 7:50am Sep 12, 2014 7:50am
Quoting NoCoolNick
{quote} Oh god, you're just... there is a word for you. If trading that size you would not be on a bucketshop account. With riskmanagement and all the other stuff you don't know what is, your account should be in a size over $ 2 000 000 minimum.. and then you are still trading stupid.. and in a bucketshop?? Another newbie who thinks he can play the big boy... Ignored!

he who laughs to the bank laughs last.


if today it closes above. take a look at w1 charts. whos the noob now.
Attached Image (click to enlarge)
Click to Enlarge Name: 10670047_337672709744334_3445495511909840076_n.jpg Size: 38 KB
  • #923,379
  • Sep 12, 2014 7:50am Sep 12, 2014 7:50am
Quoting Nabz
So the news is positive and USD is falling in all pairs. I don't get it?
Big players holding USD were waiting for a good news to see may be. Still data is not much better than expected. Only minor surprise is old data a bit revised up.
  • #923,380
  • Sep 12, 2014 7:51am Sep 12, 2014 7:51am
As G said....most bulls have failed at this level....

will your bull be the one imaywin? They need to close the hour above 50...
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