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  • #929,421
  • Oct 14, 2014 8:14am Oct 14, 2014 8:14am
Quoting Miguel.N
{quote} good jok, so let's see -)) ...but i can see some jackals waiting to see if i am wrong to make fun on me hahaha -) ....but they will be crazy if the rocket launching .... hahaha -)
I am never crazy because stops are in place when submarine is diving ^^
Fix up, trade sharp ...
  • #929,422
  • Oct 14, 2014 8:15am Oct 14, 2014 8:15am
@Miguel.N, interesting triangle observation

Right now price action is tightly squeezed between the weekly pivot (1.2646) and the daily S1 (1.2657)
It needs to break upwards to target 1.269x (middle of Bollinger Band)

I have a long position @1.2649, stop-loss: 1.2636, target 1.2666 - 1.2690
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-U 10-14-14jpg.jpg Size: 103 KB
"Luxury is one of the basic needs", (c), Don Corleone
  • #929,423
  • Oct 14, 2014 8:20am Oct 14, 2014 8:20am
huh?


Quote
RANsquawk sources report that the Fed will keep its considerable time phrase in their October statement and are not as concerned about USD as market believes - unconfirmed
  • #929,424
  • Oct 14, 2014 8:28am Oct 14, 2014 8:28am
Quoting Miguel.N
{quote} ...very good brov, and now will tell us if friday can be 1.29x or 1.24x ? -)
I do not have a magic ball All I can say is that from here with tight stops long or short should not be such a huge mistake.
Fix up, trade sharp ...
  • #929,425
  • Oct 14, 2014 8:34am Oct 14, 2014 8:34am
Quoting egkid
{quote} red ling try to cross yellow = bear try to go more down {image}
May I ask what base are those lines drawn?Thanks
  • #929,426
  • Oct 14, 2014 8:35am Oct 14, 2014 8:35am
Quoting Miguel.N
{quote} ....i call it crazy forex triangle ! -) ..and it's in this way you can make good money by trying to catch the move as early as possible with very tight stop ! ...and even if it break the line you can join the short !
Triangle seems right ... as has been stated, price is squeezed between this zone before break out. Good luck.
Fix up, trade sharp ...
  • #929,427
  • Oct 14, 2014 8:37am Oct 14, 2014 8:37am
Quoting Miguel.N
{quote} good jok, so let's see -)) ...but i can see some jackals waiting to see if i am wrong to make fun on me hahaha -) ....but they will be crazy if the rocket launching .... hahaha -) ....still the line very strong for now! ...it's now or never.... -)
I still holding my short. But sl in +place . So whatever happen here 50/50 . Don't think it can go all way up 1.283 . Unless it's holds surely above 1.266ish area. Sooooooo just chilling
  • #929,428
  • Oct 14, 2014 8:38am Oct 14, 2014 8:38am
Quoting miguel.n
{quote} ...for sure, but some guys here don't understand that you can change your trading direction in few seconds ! They think your positions are sealed forever ! -)) ...they are soo ridiculous hahaha -)
👍👍👍👍👍😂
  • #929,429
  • Oct 14, 2014 8:40am Oct 14, 2014 8:40am
The short-term range is 1.2500 to 1.2791. Its 50% level is 1.2646 looks like bears are trying
  • #929,430
  • Oct 14, 2014 8:42am Oct 14, 2014 8:42am
Quoting Miguel.N
{quote} they think your positions are sealed forever ! -)))
LOL!
Fix up, trade sharp ...
  • #929,431
  • Oct 14, 2014 9:02am Oct 14, 2014 9:02am
Quoting Miguel.N
{quote} i feel the same thing because if line not strong should have been broken already !? {image}
Some action finally ...
Fix up, trade sharp ...
  • #929,432
  • Oct 14, 2014 9:04am Oct 14, 2014 9:04am
bulls are struggling!
  • #929,433
  • Oct 14, 2014 9:05am Oct 14, 2014 9:05am
So it has broken 1.2663 but lot of resistance up there and probably it's last before it heads down to 1.2604?
  • #929,434
  • Oct 14, 2014 9:12am Oct 14, 2014 9:12am
EUR/USD range has continued for several days now and it looks like we might have to wait a bit more before it becomes clear whether it will start descending again or not. As I see it, it either has to break above the resistance at 1.2750 – 1.2760 so it can reach its target around 1.2850 or it has to break below the support at 1.2500 so it can continue its descent to the long-term target around 1.2000.
  • #929,435
  • Oct 14, 2014 9:15am Oct 14, 2014 9:15am
Quoting Miguel.N
{quote} ....don't wory, you still can join us -) {image}
where are we going?
  • #929,436
  • Oct 14, 2014 9:16am Oct 14, 2014 9:16am
Quoting evrynet
{quote} where are we going?
Down I suppose, the european economy looks dead...
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #929,437
  • Oct 14, 2014 9:17am Oct 14, 2014 9:17am
@victoriajen, those are quite broad limits you quoted.
the price is held between two weekly pivots now - 1.2646 and 1.2773 (see my chart above or weekly pivots on your chart)
"Luxury is one of the basic needs", (c), Don Corleone
  • #929,438
  • Oct 14, 2014 9:22am Oct 14, 2014 9:22am
Quoting evrynet
{quote} where are we going?

To the doom always...it's not a question!
  • #929,439
  • Oct 14, 2014 9:23am Oct 14, 2014 9:23am
it seems like there is a "WALL" at 1.2667
  • #929,440
  • Oct 14, 2014 9:25am Oct 14, 2014 9:25am
Quoting Miguel.N
{quote} ....we are going to make easy money as usal... hahaha -)
where?
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