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  • #932,041
  • Oct 28, 2014 7:25am Oct 28, 2014 7:25am
So like I expected it still hasn't broken 1.2720 and I think it's going to stay that way. 8:30 is close.

Edit: SO I guess we''ll see 1.2750 after all, maybe 1.2780 tops.
  • #932,042
  • Oct 28, 2014 7:29am Oct 28, 2014 7:29am
Quoting Devonsent
{quote} . . . . and you believe that . . . ?
I believe becos statistics dont tell lies.......mabbe u like to enlighten me why u are surprise?

GS
  • #932,043
  • Oct 28, 2014 7:32am Oct 28, 2014 7:32am
Quoting Devonsent
{quote} Why do you think that? It appears to be held down by the 38% Fib on the 4H and is forming a rising wedge on same. Added to that, it looks as though it's building the shoulder of a H&S which suggests that it's more likely to go down to 26xx or even 25xx before it comes back up to 28 IMO. Could you explain, please?
So what do I know!
There's no accounting for Fundamentals!
  • #932,044
  • Oct 28, 2014 7:32am Oct 28, 2014 7:32am
Quoting Devonsent
{quote} Why do you think that? It appears to be held down by the 38% Fib on the 4H and is forming a rising wedge on same. Added to that, it looks as though it's building the shoulder of a H&S which suggests that it's more likely to go down to 26xx or even 25xx before it comes back up to 28 IMO. Could you explain, please?
i think it is logic... it has been a long time that we are below gravity pt on D1 timeframe... we are not very confident about a new reckless down trend...tomorrow we will know...
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DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #932,045
  • Oct 28, 2014 7:34am Oct 28, 2014 7:34am
I posted this yesterday
Quoting egkid
why no one talk about 1.2747 while it's top important point!!
WATCH AND LEARN
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Attached Image
  • #932,046
  • Oct 28, 2014 7:37am Oct 28, 2014 7:37am
Quoting freedom48
I am filled with longs, I wish it will be a good day for me and for all other longs, by the way I am till yesterday long awaiting the 1.2730-40 area
with some delay I did it...))
" Accepting losses is the most important single investment devise "
  • #932,047
  • Oct 28, 2014 7:37am Oct 28, 2014 7:37am
Quoting genghistar
{quote} I believe becos statistics dont tell lies.......mabbe u like to enlighten me why u are surprise? GS
As Mark Twain said, "There are lies, damn lies and statistics". The fact is that people lie or at least, don't tell the whole truth and the truth of the matter is that something like 90% of traders lose money; they do this as a hobby or as a bit of fun, only promoting those trades which actually made them some cash.
There are fw traders on here who will be honest enough to say 'bugger, stopped out at -xx' (Stand up the likes of Chazzle, Gator and one or two others). The rest are less inclined to be fully open and honest.
That's not to say that people are actively trying to hide anything but each of us prefers to be thought of as successful, none of us like to be thought of as failures.
  • #932,048
  • Oct 28, 2014 7:40am Oct 28, 2014 7:40am
Quoting TheNoob
{quote} i think it is logic... it has been a long time that we are below gravity pt on D1 timeframe... we are not very confident about a new reckless down trend...tomorrow we will know... {image}
  • #932,049
  • Oct 28, 2014 7:40am Oct 28, 2014 7:40am
I think a fair guess for the 10 am EST consumer confidence will likely be high and we'll drop back to where we took off lol and tommorrow will bring all this down to its knees.
  • #932,050
  • Oct 28, 2014 7:40am Oct 28, 2014 7:40am
Quoting egkid
I posted this yesterday {quote} WATCH AND LEARN {image} {image}
good job... I am out from longs too....same TP for me

honestly I didnt expect that we hit TP so fast
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do whatever the fuck you want to do !
  • #932,051
  • Oct 28, 2014 7:42am Oct 28, 2014 7:42am
Quoting egkid
I posted this yesterday {quote} WATCH AND LEARN {image} {image}


cheers mate
  • #932,052
  • Oct 28, 2014 7:42am Oct 28, 2014 7:42am
Quoting icantmilk
{quote} good job... I am out from longs too....same TP for me honestly I didnt expect that we hit TP so fast {image}
Nobody did, it hit your TP outta sheer luck, could've gone the other way around. Thank the durable goods report else it was staying down and prolly more down.
  • #932,053
  • Oct 28, 2014 7:43am Oct 28, 2014 7:43am
its all about consumer confidence right now ... to be released in a few hrs...by then i expect to consolidate near to the previous levels

quite frankly i didnt expect such negative reports (i had a mind a more soft miss of expectations up to soft better than expectations)... lets see because my margin levels started feeling some "pain" and i guess i am not the only one
  • #932,054
  • Oct 28, 2014 7:44am Oct 28, 2014 7:44am
Quoting pedro319
{quote} 1.2743 important level. 1.618 Ext 1 hour chart + 61.8 Ret 4 hrs chart last swing from 1.2840 to bottom.
EURUSD
These levels are broken so 1.28 WR1 + .786 Ret 4 hrs chart should be next.
We watch the charts from every angle so you don't have to!!
  • #932,055
  • Oct 28, 2014 7:45am Oct 28, 2014 7:45am
Quoting fxtradeabi
{quote} Nobody did, it hit your TP outta sheer luck, could've gone the other way around. Thank the durable goods report else it was staying down and prolly more down.
As I said earlier; there's no accounting for Fundamentals! B*stards!
I was in a Long earlier today and closed it at about +6 'cos I thought it was gonna turn . . . was I ever wrong!
  • #932,056
  • Oct 28, 2014 7:48am Oct 28, 2014 7:48am
Quoting gatorinla
{quote} lets c how it plays out. its free to watch, atm bounce high 2709.x
oh well no entry, but it was free to try and watch
those who can, do. those who cant, talk about those who can
  • #932,057
  • Oct 28, 2014 7:49am Oct 28, 2014 7:49am
Quoting Patron
EURUSD H4 The pair seems undecided. I have proposed in principle this scenario, without discarding some new low. {image}
EURUSD H4
The first objective is met. We do not know if it will last, too. See What the Americans say in the session.
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Donde hay Patron no manda Marinero
  • #932,058
  • Oct 28, 2014 7:49am Oct 28, 2014 7:49am
Quoting Devonsent
{quote} As Mark Twain said, "There are lies, damn lies and statistics". The fact is that people lie or at least, don't tell the whole truth and the truth of the matter is that something like 90% of traders lose money; they do this as a hobby or as a bit of fun, only promoting those trades which actually made them some cash. There are fw traders on here who will be honest enough to say 'bugger, stopped out at -xx' (Stand up the likes of Chazzle, Gator and one or two others). The rest are less inclined to be fully open and honest. That's not to say...
Thank you so much for your enlightenment, mabbe I m one of those failures who fail to see all those lies....By the way if it is like what you said it was then it will make a mockery out of this place and you are one of the regular attendees here no?
  • #932,059
  • Oct 28, 2014 7:54am Oct 28, 2014 7:54am
norm still at 2795, and atm 2814 and 2832 in scope. with a 1/8 th at 3837.8, lm 2840
those who can, do. those who cant, talk about those who can
  • #932,060
  • Oct 28, 2014 8:01am Oct 28, 2014 8:01am
Many retail traders caught with their pants down there?
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