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EURUSD

  • #941,181
  • Dec 4, 2014 11:30am Dec 4, 2014 11:30am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
It's fun to chum on about fundamentals as if we were all institutional traders managing billion dollar portfolios but at the end of the day technicals is where the rubber meets the road for retail traders. It's cool to have a bias based on fundi's but what makes money are entries & exits with proper risk/reward ratios not an Econ 101 degree from investopedia lol.
  • #941,182
  • Dec 4, 2014 11:31am Dec 4, 2014 11:31am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting pedro319
{quote} Absolutely! Thanks for pointing that out, I actually didn't notice as I was not looking into 15 mins.
Lol... I didn't either...
  • #941,183
  • Dec 4, 2014 11:33am Dec 4, 2014 11:33am
Was there news just now?
  • #941,184
  • Dec 4, 2014 11:34am Dec 4, 2014 11:34am
Whats happening????? pls help as I wasnt expecting this spike lol
  • #941,185
  • Dec 4, 2014 11:34am Dec 4, 2014 11:34am
woah shit
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  • #941,186
  • Dec 4, 2014 11:34am Dec 4, 2014 11:34am
I saw the spike, what just happened?
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
  • #941,187
  • Dec 4, 2014 11:34am Dec 4, 2014 11:34am
Quoting fxmasterdxb
{quote} Good luck to you too
Lol, this spike up pissed me off..
you doing nice today
Forex as Leverage
  • #941,188
  • Dec 4, 2014 11:35am Dec 4, 2014 11:35am
Quoting eggs
It's fun to chum on about fundamentals as if we were all institutional traders managing billion dollar portfolios but at the end of the day technicals is where the rubber meets the road for retail traders. It's cool to have a bias based on fundi's but what makes money are entries & exits with proper risk/reward ratios not an Econ 101 degree from investopedia lol.
Entries to the pip only with solid techs...
We watch the charts from every angle so you don't have to!!
  • #941,189
  • Dec 4, 2014 11:35am Dec 4, 2014 11:35am
QE BABY!!!
http://www.forexfactory.com/news.php?do=news&id=516317
  • #941,190
  • Dec 4, 2014 11:35am Dec 4, 2014 11:35am
It was very clearly a bearish up move.. just didn't know it would move down that many pips so quickly haha
  • #941,191
  • Dec 4, 2014 11:35am Dec 4, 2014 11:35am
There are spikes everywhere, also in the indices.
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
  • #941,192
  • Dec 4, 2014 11:36am Dec 4, 2014 11:36am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting pedro319
{quote} Absolutely! Thanks for pointing that out, I actually didn't notice as I was not looking into 15 mins.
This is one reason I'm looking at the FIB pull on today's move for a short entry opportunity. Although the corrective reading up is relevant today's move is more recent & lies nicely with the 1.25... a number that's splattered all over the last 50 pages of this thread.

Not to mention broader based longer TF fibs require lot's of wiggle room & subsequently capital... 2 things that don't fit into my trading plan.
  • #941,193
  • Dec 4, 2014 11:36am Dec 4, 2014 11:36am
ECB! thanks for these quick 50 pips
Sometimes it's better to be wrong,to learn..
  • #941,194
  • Dec 4, 2014 11:37am Dec 4, 2014 11:37am
these are nasty spikes ? any veterans out there wants to tell me the cause , please.
  • #941,195
  • Dec 4, 2014 11:37am Dec 4, 2014 11:37am
wow.. lol
  • #941,196
  • Dec 4, 2014 11:38am Dec 4, 2014 11:38am
Quoting thegmann
QE BABY!!! http://www.forexfactory.com/news.php?do=news&id=516317
Is there any reason why I should believe a bloomberg report more thand the ECB chairman ? It's allmost like the continuous publication on the supposed illegality of the measures taken by the ecb. Sure babies, they dont have a legal service
Don't be smart. Be rich.
  • #941,197
  • Dec 4, 2014 11:38am Dec 4, 2014 11:38am
G.R.E.A.T. news! Some prayers have been answered lol. But bulls won't give up this fight so easily, at least that's what it looks like.
  • #941,198
  • Dec 4, 2014 11:39am Dec 4, 2014 11:39am
Quoting Chanlie
{quote} Lol, this spike up pissed me off.. you doing nice today
lol i look at it from the bright side, it activated all my pending longs

well i'm sticking to my plan and shall the pair go beow 1.2330 then i'm willing to change my view and start looking for shorts
  • #941,199
  • Dec 4, 2014 11:39am Dec 4, 2014 11:39am
Quoting Ck87
It was very clearly a bearish up move.. just didn't know it would move down that many pips so quickly haha
It doesn't even give you time to adjust stops to BE lool
We watch the charts from every angle so you don't have to!!
  • #941,200
  • Dec 4, 2014 11:40am Dec 4, 2014 11:40am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting pedro319
{quote} Entries to the pip only with solid techs...
Yup... However... I do appreciate all the good Fundi info from high net individuals like the Tyrant & others. I really do. They often agree with the broader trend & help me stay on the right side of the trade. I just have to rely on simple technical levels for entries & exits.
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