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  • #925,801
  • Sep 23, 2014 10:28am Sep 23, 2014 10:28am
Shorting this around 2868-72 into the asian session...if we go as high during this session, if not, I wait for an asian spike to enter another short. No target in mind, all depends if 2842 breaks or not...if yes, I will hold until 2810+-.
Everyone can see the chart, but only a few can actually read it.
  • #925,802
  • Sep 23, 2014 10:31am Sep 23, 2014 10:31am
Quoting 1MoreCandle
{quote} Went long at 2863.....Argh!! trying to decide to pull the plug or ride it out.
If you want to counter-trade on an intraday basis, its always safer to wait 10-20 minutes before the noon H4 close.
Everyone can see the chart, but only a few can actually read it.
  • #925,803
  • Sep 23, 2014 11:15am Sep 23, 2014 11:15am
Quoting JustAndy
Euro should bounce http://www.marketwatch.com/story/rus...ine-2014-09-23
Yep.! It will bounce.! But not the way USD drop it. It will take time (may be months or years) to recover the lost Market in Russia. Russian Prime minister Dmitry Medvedev has clearly feed back against the current sanctions and he warns to Europe, even sanctions are over Europe will never able to find it's previous market in Russia. It is aggressive respond to Euro economy in Russia. So in that case Euro must be find a place to recover their dropped economy levels.
  • #925,804
  • Sep 23, 2014 11:21am Sep 23, 2014 11:21am
Quoting Dutugamunu
{quote} Yep.! It will bounce.! But not the way USD drop it. It will take time (may be months or years) to recover the lost Market in Russia. Russian Prime minister Dmitry Medvedev has clearly feed back against the current sanctions and he warns to Europe, even sanctions are over Europe will never able to find it's previous market in Russia. It is aggressive respond to Euro economy in Russia. So in that case Euro must be find a place to recover their dropped economy levels.

It's the price Europe has to pay since our leaders have no effin cojones and suck in deep any kinda shat the the US feds them. Lets count how many EU and how many US companies lost revenue (and what the total amount is) after Obama decided to draw another line in the sand.


P.S. - The only one with some cojones seems to be Angela Merkel...the irony...ei?
Why sell the bottoms when you can buy the tops...
  • #925,805
  • Sep 23, 2014 11:32am Sep 23, 2014 11:32am
Quoting Dutugamunu
{quote} Yep.! It will bounce.! But not the way USD drop it. It will take time (may be months or years) to recover the lost Market in Russia. Russian Prime minister Dmitry Medvedev has clearly feed back against the current sanctions and he warns to Europe, even sanctions are over Europe will never able to find it's previous market in Russia. It is aggressive respond to Euro economy in Russia. So in that case Euro must be find a place to recover their dropped economy levels.
Hi Dutugamunu ....i m sri lankan too so tell me wassup with euro shall i sell it now if it is pls let me knw a tp and a sl and so glad to c a srilankan over here haha thubs up man
  • #925,806
  • Sep 23, 2014 11:37am Sep 23, 2014 11:37am
Lost many pips in the last 48 hours trying to figure out what this pair is about to do.

I think a strong rejection of 1.2900 at NY Open today has sealed chances of any reasonable retrace from this level. It can go anywhere anytime, but I am taking chances of a short for the reason it is still showing a very strong down trend on Weekly Time Frame. The NY session will close in little more than couple of hours, and later, London may try yet another attempt to restore this damage during NY Session. To me, shorts are good bets.
The Thief of Wall Street
  • #925,807
  • Sep 23, 2014 11:39am Sep 23, 2014 11:39am
Quoting Chicky
Lost many pips in the last 48 hours trying to figure out what this pair is about to do. I think a strong rejection of 1.2900 at NY Open today has sealed chances of any reasonable retrace from this level. It can go anywhere anytime, but I am taking chances of a short for the reason it is still showing a very strong down trend. The NY session will close in little more than couple of hours, and later, London may try yet another attempt to restore this damage during NY Session. To me, shorts are good bets.
Yep. The only way this could turn bullish and stay above 2900 is if nobody(no session) can break 2842 tomorrow.
Everyone can see the chart, but only a few can actually read it.
  • #925,808
  • Sep 23, 2014 11:47am Sep 23, 2014 11:47am
Quoting OnlineAddict
{quote} Yep. The only way this could turn bullish and stay above 2900 is if nobody(no session) can break 2842 tomorrow.
The way I see it is if the asian session takes this in the upper 60's or 70 then the london tomorrow might stand a chance of dragging this pair above .2900
Why sell the bottoms when you can buy the tops...
  • #925,809
  • Sep 23, 2014 12:02pm Sep 23, 2014 12:02pm
Quoting erangabuddy
{quote} Hi Dutugamunu ....i m sri lankan too so tell me wassup with euro shall i sell it now if it is pls let me knw a tp and a sl and so glad to c a srilankan over here haha thubs up man
Hi Nice to meet you too... I'm new to this forex but I'm just trying to figure out how/when these numbers are moving north and south in accordance to calendar. Though don't go for long time trading until It's sign a strong signal. Max. 10-20 pips are safe deal always. but within next Asian session EUR will turn north around 10 pips as usual. Who knows this is forex bro.
Good Luck.!
  • #925,810
  • Sep 23, 2014 12:17pm Sep 23, 2014 12:17pm
Quoting JustAndy
{quote} The way I see it is if the asian session takes this in the upper 60's or 70 then the london tomorrow might stand a chance of dragging this pair above .2900
If we close this low, asians will probably try to break 2842, if that happened, EU session might open low. I am shorting this first, then will see what happens.
Everyone can see the chart, but only a few can actually read it.
  • #925,811
  • Sep 23, 2014 12:25pm Sep 23, 2014 12:25pm
Quoting Chicky
Lost many pips in the last 48 hours trying to figure out what this pair is about to do.
Sorry to hear that. Donīt know how you managed that but the prefered direction for me is down (for moths to come). For a bounce I would only go long after a daily close above 1.2900.

A few 10piper scalp buys are okay now and then, but most of the time I am only waiting for a short opportunity.
Today it came a little early, I hoped pa would go higher so I jumped the s ship early with another 10 piper because I was not in front of the screen for a longer time afterwards.
  • #925,812
  • Sep 23, 2014 12:27pm Sep 23, 2014 12:27pm
the EUR failed in the first test to break the resistance at 1.2900
  • #925,813
  • Sep 23, 2014 12:28pm Sep 23, 2014 12:28pm
Quoting CandleStar
{quote} Sorry to hear that. Donīt know how you managed that but the prefered direction for me is down (for moths to come). For a bounce I would only go long after a daily close above 1.2900. A few 10piper scalp buys are okay now and then, but most of the time I am only waiting for a short opportunity. Today it came a little early, I hoped pa would go higher so I jumped the s ship early with another 10 piper because I was not in front of the screen for a longer time afterwards.
Busy enjoying the Oktoberfest?
Why sell the bottoms when you can buy the tops...
  • #925,814
  • Sep 23, 2014 12:31pm Sep 23, 2014 12:31pm
Quoting Chicky
Lost many pips in the last 48 hours trying to figure out what this pair is about to do. I think a strong rejection of 1.2900 at NY Open today has sealed chances of any reasonable retrace from this level. It can go anywhere anytime, but I am taking chances of a short for the reason it is still showing a very strong down trend on Weekly Time Frame. The NY session will close in little more than couple of hours, and later, London may try yet another attempt to restore this damage during NY Session. To me, shorts are good bets.
Don't lose hope my friend. Bears have many reasons to pull down but Bulls needs just one reason to go north. Till then scalp both ways.
  • #925,815
  • Sep 23, 2014 12:34pm Sep 23, 2014 12:34pm
Quoting JustAndy
{quote} Busy enjoying the Oktoberfest?
Not really, Oktoberfest is 700 KM away, I am sitting in the middle of Germany, good olīRuhrgebiet.
To be honest I have never been part of the crowd of the Oktoberfest, just one time I came close enough within Munich.
The people were so drunk they were hanging from the wrest out of their car windows...while trying to drive
  • #925,816
  • Edited 1:58pm Sep 23, 2014 1:31pm | Edited 1:58pm
Quoting 21vs7
{quote} I thought I saw 140,2 gday
warning i could be full of shit disclaimer:
it never went back to 140.44. that's the usual process. so now it can do that. another option is a drop to 139.73 w/o a LL to set up a test 141.15.

or make that LL. even if it made a LL. it many times will come back to 139.73 again before 138.44...

140.44 has not been satisfied. so that signals the breaking of todays high . and the current exhaustion may require 139.73 before. allow for slippage but not a LL.. so after 139.73, a bounce back to 141.15 has to be considered. then if it chooses to drop. it may be the classic double looking top with 138.44 as a st min target..

i missed 141 last week, these moves have a tendency to give a second shot if lucky. 141.02 was what i should have been watching. it and 140.44 on different tf are in the same place except 140.44 didn't get a new visit

the eu at ej 139.73 is one to watch. eu day closes soon. +2853 may be less bearish.
those who can, do. those who cant, talk about those who can
  • #925,817
  • Sep 23, 2014 2:03pm Sep 23, 2014 2:03pm
Quoting JustAndy
Euro should bounce http://www.marketwatch.com/story/rus...ine-2014-09-23
To hell ;P
  • #925,818
  • Sep 23, 2014 2:04pm Sep 23, 2014 2:04pm
day closed red, an inside red.
those who can, do. those who cant, talk about those who can
  • #925,819
  • Sep 23, 2014 2:15pm Sep 23, 2014 2:15pm
Quoting CandleStar
{quote} Sorry to hear that. Donīt know how you managed that but the prefered direction for me is down (for moths to come). For a bounce I would only go long after a daily close above 1.2900. A few 10piper scalp buys are okay now and then, but most of the time I am only waiting for a short opportunity. Today it came a little early, I hoped pa would go higher so I jumped the s ship early with another 10 piper because I was not in front of the screen for a longer time afterwards.
Thanks. For past two days, I am trying to embark on a short position. Last night, I decided to go to bed earlier than usual without setting an SL or TP. My mistake. I got a hit double the size of what I was willing to accept. Again have a budget to lose if it goes up. Currently in positive, lets see if it accumulates enough number of pips during Asian session to last until London Close. If London cannot push it up tonight, chances of big move down. One million dollar question is will this down move will be with or without a great spike up? But that is why some stupid invented stop losses.
The Thief of Wall Street
  • #925,820
  • Sep 23, 2014 2:19pm Sep 23, 2014 2:19pm
Quoting Magicmen
{quote} Don't lose hope my friend. Bears have many reasons to pull down but Bulls needs just one reason to go north. Till then scalp both ways.
You seem right, I think they are looking for just an excuse to touch 1.3000. I am sure, a lot of money is involved ................... some of it is mine and I want it back.

ps. Now on a mission to collect 40 pips before London Closes. An attempt at 1.2920 possible. Just entered a long scalp.
The Thief of Wall Street
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