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EURUSD

  • #938,021
  • Nov 21, 2014 10:12am Nov 21, 2014 10:12am
brokdown below 2380
  • #938,022
  • Nov 21, 2014 10:15am Nov 21, 2014 10:15am
Long EU at 1.23762 sl 1.23668
Lets see if it turns from here
A good trader follows his rules, but great trader knows when to break them
  • #938,023
  • Nov 21, 2014 10:15am Nov 21, 2014 10:15am
Quoting forex_fairy
it's insane it's not even retracing but heading downwards even at the start of the weekend. I guess i need to put in some shorts.
It should retrace from 1.2348 but don't expect large retracements now.
We watch the charts from every angle so you don't have to!!
  • #938,024
  • Nov 21, 2014 10:17am Nov 21, 2014 10:17am
Quoting cspip
EU heading to 1.2375...........
  • #938,025
  • Nov 21, 2014 10:21am Nov 21, 2014 10:21am
lets have a sing along
Inserted Video

2336
those who can, do. those who cant, talk about those who can
  • #938,026
  • Nov 21, 2014 10:27am Nov 21, 2014 10:27am
Quoting ill_be_back
Long EU at 1.23762 sl 1.23668 Lets see if it turns from here
SL moved to BE, This is Strong DOWN might not get a bounce, TP 124171
A good trader follows his rules, but great trader knows when to break them
  • #938,027
  • Nov 21, 2014 10:30am Nov 21, 2014 10:30am
Quoting gatorinla
lets have a sing along https://www.youtube.com/watch?v=iFx-5PGLgb4 2336
Hi Gator,

what are your levels in EA ?
Intraday only.
  • #938,028
  • Nov 21, 2014 10:46am Nov 21, 2014 10:46am
Quoting fxtyrant
guys pls be careful, im actually not confident bout shorting the GBP... I still see GBP as the likely second economy to raise interest rates after US....
Agree with FXtyrant UK looking very strong, so fundamentally would not go short on it!
  • #938,029
  • Nov 21, 2014 10:49am Nov 21, 2014 10:49am
Quoting navk
{quote} Hi Gator, what are your levels in EA ?
Quoting gatorinla
ea has a L setting up for 5381 or norm at 6374/75... the entry is tricky, i was waiting for 4187 to retrace.. it never happened like i wanted. another may happen at 4403/05 or less to 4220.. below 4400, its probably going to 4187/3988 again,,, then 538x and 6374 {image}
here.. better r/r near 4220.. and a place to reconsider getting below 4220, because below its just a s/r.. and target will probably fail.
those who can, do. those who cant, talk about those who can
  • #938,030
  • Nov 21, 2014 10:50am Nov 21, 2014 10:50am
Quoting Ken A
{quote} When you say big order, how big is that? Because earlier some poster said he shorted 2,000 or 3,000 lots for EU .... Just don't want to go against you guys ....
what you donot want to do is to go against trend !
  • #938,031
  • Nov 21, 2014 10:51am Nov 21, 2014 10:51am
Quoting Ken A
{quote} It's like dating a girl for the first time .........
Haha
  • #938,032
  • Nov 21, 2014 10:51am Nov 21, 2014 10:51am
Quoting ill_be_back
Long EU at 1.23762 sl 1.23668 Lets see if it turns from here
i donot know what you are doing but PLEASE STOP
  • #938,033
  • Nov 21, 2014 10:54am Nov 21, 2014 10:54am
Quoting gatorinla
{quote} {quote} here.. better r/r near 4220.. and a place to reconsider getting below 4220, because below its just a s/r.. and target will probably fail.
Thanks Gator.

It must pull back up before reaching 4220 though. What level you see? I may reload shorts, before long entry. Thanks
Intraday only.
  • #938,034
  • Edited 11:07am Nov 21, 2014 10:55am | Edited 11:07am
Quoting forex_fairy
{quote} Agreed but if you care to look at the days before the fall TODAY. In fact last week and the week before well there was a rise. To be fair based on the candle stick pattern 2 weeks before doesn't count as a rise but the week before this week is a rising candle and this week is also considered to be rising in fact it was about to cross the 1.26 mark but now in the space of a few hours it has fallen below the 1.24 mark. In conclusion it took about 2 weeks for it to rise from below 1.24 around 1.238 region to almost reach 1.26 but in a few hours...
+1 this pair has been oversold for long...this is why the down potential needs to get in strengh, most of people only push the down button all the time and at any price and ofc get burnt at the very firsts upsides range... all we can see is the monster of human logic, we simply all sold at the resistance like if it was an holy grail price range. it doesn't mean we will go 1.18 or even lower the next month; the road is long. big panic area lower the big 10years support...don't be surprise if we get more and more uping ranges, till the supports/résistances break...
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #938,035
  • Nov 21, 2014 10:55am Nov 21, 2014 10:55am
Quoting fxtyrant
meanwhile still holding these trades over the weekend. {image}
thats how to make $$$$$$. riding trends
  • #938,036
  • Nov 21, 2014 11:06am Nov 21, 2014 11:06am
Quoting navk
{quote} Thanks Gator. It must pull back up before reaching 4220 though. What level you see? I may reload shorts, before long entry. Thanks
maybe 4405.. but atm i got nothing.. on the way up the lm stopped the ea rise to 63xx. i have been waiting years for 63xx
those who can, do. those who cant, talk about those who can
  • #938,037
  • Nov 21, 2014 11:08am Nov 21, 2014 11:08am
Quoting stulic
{quote} What's wrong with 1.18?
Nothing wrong with 1.18 (or 1.2 for that matter), just going to be a bit of a party when it starts getting near there, in my dumb view anyway, which is often wrong. Shorting is easy on the way down, but gets tricky quickly when the bottom gets near and in my view the bottom is near 1.2.
  • #938,038
  • Nov 21, 2014 11:12am Nov 21, 2014 11:12am
Quoting nonlinear
{quote} Nothing wrong with 1.18 (or 1.2 for that matter), just going to be a bit of a party when it starts getting near there, in my dumb view anyway, which is often wrong. Shorting is easy on the way down, but gets tricky quickly when the bottom gets near and in my view the bottom is near 1.2.
in a down trend sell R, in a up trend buy S... or the opposite, and compare what way fills the pocket faster. when in doubt stay out, leave nutz at the door. we dont trade against other. we trade against our self. yourself is your accounts enemy.
those who can, do. those who cant, talk about those who can
  • #938,039
  • Nov 21, 2014 11:18am Nov 21, 2014 11:18am
Quoting gatorinla
{quote} in a down trend sell R, in a up trend buy S... or the opposite, and compare what way fills the pocket faster. when in doubt stay out
Agree with that, also with an eye on when the trend is possible to end (like EJ or UJ eventually)
  • #938,040
  • Nov 21, 2014 11:19am Nov 21, 2014 11:19am
Quoting ericnyamu
{quote} i donot know what you are doing but PLEASE STOP
He is trading and having fun. More seriously, I think that he his building and enforcing the selfconfidence factor in his trading strategy. Nothing wrong imo.
Don't be smart. Be rich.
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