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  • #936,061
  • Nov 17, 2014 8:33am Nov 17, 2014 8:33am
1.2450-1.2480 has to hold to get another bull move higher, so far fundamental data out today supports another test higher but price action will tell.


I took longs again at 1.2485. SL at 1.2455
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  • #936,062
  • Nov 17, 2014 8:34am Nov 17, 2014 8:34am
Quoting Citiboy
1.2450-1.2480 has to hold to get another bull move higher, so far fundamental data out today supports another test higher but price action will tell. I took longs again at 1.2485. SL at 1.2455 {image}
hmmm im sorry but its already looking like a bearish engulfing in a bearish down trend... on the daily chart.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,063
  • Nov 17, 2014 8:35am Nov 17, 2014 8:35am
Quoting fxtyrant
soooo where are the bulls who blindingly jumped into the what looked like "bull" train and are now getting burned??
dont tease the bulls.. they just wanted 2468 to enter. bears need a LL

http://www.forexfactory.com/showthre...99#post7877099
those who can, do. those who cant, talk about those who can
  • #936,064
  • Nov 17, 2014 8:36am Nov 17, 2014 8:36am
Quoting Citiboy
1.2450-1.2480 has to hold to get another bull move higher, so far fundamental data out today supports another test higher but price action will tell. I took longs again at 1.2485. SL at 1.2455 {image}
2455 is key point. If your money management allows you, your SL should be littler lower.

Anyway, I have 2466 and 2441 as point of buy
  • #936,065
  • Nov 17, 2014 8:37am Nov 17, 2014 8:37am
scalping long from fib 61.8 NOV14/17 swing

EU M15
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  • #936,066
  • Nov 17, 2014 8:37am Nov 17, 2014 8:37am
Quoting gatorinla
{quote} dont tease the bulls.. they just wanted 2468 to enter
oh i see... they all chant bullish bullish bullish just so they could get some sucker to push it up for them to enter short... i get it
sounds like what i do on a daily basis at work.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,067
  • Nov 17, 2014 8:39am Nov 17, 2014 8:39am
Quoting fxtyrant
soooo where are the bulls who blindingly jumped into the what looked like "bull" train and are now getting burned??
erm.... no where, cuz no one jumped in ?.........
  • #936,068
  • Nov 17, 2014 8:40am Nov 17, 2014 8:40am
Quoting cspip
{quote} erm.... no where, cuz no one jumped in ?.........
read whats been written on friday, someone was genuinely upset at me for saying this is still Bearish despite that big dollar sell off spike.... lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,069
  • Nov 17, 2014 8:40am Nov 17, 2014 8:40am
next 20min should be interesting
follow the flow
  • #936,070
  • Nov 17, 2014 8:41am Nov 17, 2014 8:41am
Quoting fxtyrant
{quote} read whats been written on friday, someone was genuinely upset at me for saying this is still Bearish despite that big dollar sell off spike.... lol
.
  • #936,071
  • Nov 17, 2014 8:43am Nov 17, 2014 8:43am
Quoting fxtyrant
{quote} oh i see... they all chant bullish bullish bullish just so they could get some sucker to push it up for them to enter short... i get it sounds like what i do on a daily basis at work.
when u point a finger. your pointing 4 at yourself, after all it did go up, 225 pips, when many bear calls were being made well below 247x. many cant handle the drawdown being over leveraged.
those who can, do. those who cant, talk about those who can
  • #936,072
  • Nov 17, 2014 8:44am Nov 17, 2014 8:44am
bond purchaes up in a min... 2.6B euroos last week... is ECB going to sink more??
  • #936,073
  • Nov 17, 2014 8:44am Nov 17, 2014 8:44am
Quoting fxtyrant
{quote} read whats been written on friday, someone was genuinely upset at me for saying this is still Bearish despite that big dollar sell off spike.... lol
Quoting fxtyrant
get ready gator, muppet bulls are gona shout buy buy buy lol
After you said that on Friday, it did go up by 180 pips............
  • #936,074
  • Nov 17, 2014 8:46am Nov 17, 2014 8:46am
Quoting gatorinla
{quote} when u point a finger. your pointing 4 at yourself, after all it did go up, 225 pips, when many bear calls were being made well below 247x. many cant handle the drawdown being over leveraged.
thats the thing.... i am someone aiming for 1.22 on EURUSD soooo yea my risk reward is still above 1
and yea im trading daily time frame.... so i can handle the drawdown... a lot of people here cant.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,075
  • Nov 17, 2014 8:47am Nov 17, 2014 8:47am
UJ M15

and UJ short after retrace of news dump
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  • #936,076
  • Nov 17, 2014 8:47am Nov 17, 2014 8:47am
Quoting cspip
{quote} {quote} After you said that on Friday, it did go up by 180 pips............
btw we are back below yesterday's open.... so on a 2 day average we are down a few pips, not up.

also i been in the game long enough to realise Friday was pure bullshit move, big boys repositioning their portfolio and washing out options and mass market retail orders.

When people say stuff like retail traders like us are small and big boys dont aim for us particularly... i agree...

BUT!!!!
the big boys are the ones producing mass market products like "currency linked interest rate products", "currency linked derivatives like options", capital protected investment in the form of currency linked products"

mass market for these products are huge.... and the big boys are aiming for these "Retail" positions.... when i mean "Retail" orders i particularly mean those...

not retail traders....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,077
  • Nov 17, 2014 8:48am Nov 17, 2014 8:48am
Quoting PayTheLimit
I see some minor support in the 2460/80 area, then near 2425.....
also like that 2418 level ...but if we get down there, for better or worse, I'm gonna trade it via the swiss me thinks...
Look Sharp/Trade Tight
  • #936,078
  • Nov 17, 2014 8:49am Nov 17, 2014 8:49am
Quoting fxtyrant
soooo where are the bulls who blindingly jumped into the what looked like "bull" train and are now getting burned??
well, smart bulls must have raised their stop loss higher last friday.. and should be content with their profit now.. whoever got burned, if any, maybe had it coming..
Dont trade like me..
  • #936,079
  • Nov 17, 2014 8:50am Nov 17, 2014 8:50am
Quoting PayTheLimit
{quote} also like that 2418 level ...but if we get down there, for better or worse, I'm gonna trade it via the swiss me thinks...
You mean EURCHF?

Would not make much sense, as EURCHF is likley to collapse withhin the next month
Forex is a losers game.
  • #936,080
  • Nov 17, 2014 8:51am Nov 17, 2014 8:51am
i see EU hitting 12414 shortly...
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