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EURUSD

Quoting Kofmaster
New low here we go, did someone said we can't make new low just now?
yea eggs... but apparently hes only saying this to bait the bulls... hmmmm
We live in a finite world with infinite possibilities.
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting fxtyrant
{quote} yea eggs... but apparently hes only saying this to bait the bulls... hmmmm
Precisely... AKA Bear Trap.
Quoting Kofmaster
{quote} we need this kind of guy to keep the trend on-going remember? we need to be grateful
its not thanks giving but xmas is coming...
Thank you forex gods, thankful for the forex world being a zero-sum game world, where ones winnings comes from anothers' losses, making this a world of reality and pure capitalism.
where the rich gets richer and the poor gets poorer.
where Warren buffet and his 1 Billion grows to 2 Billion
and the beggar's 100 into 200, meanwhile cost of living is around 50.
income gap between the rich and the poor gets wider and wider.

AMEN!
We live in a finite world with infinite possibilities.
Quoting eggs
{quote} Precisely... AKA Bear Trap.
perhaps i should stop teaching people how to trade properly....
after all i learned it myself... took me over 5 years....
We live in a finite world with infinite possibilities.
Quoting wisemadguy
{quote} Im not experienced as you are so dont get me wrong Im not questioning your view Im just asking : First rule in trading I knew was trend is down until new high appear and higher low to confirm . At least in H4 there is no new high and even there is new low ( not much lower but its low ) so did you meant short is risk because trend is changing or that is for few hours ? {image}
my view is that (obv.) eurusd is in a downtrend since 8th may 2014. Techwise a HH (1.2601 = activtrades quote) would offer a possible reversal for 1.285x or even 1.315x (still untested).

With the LL today Shorts still offer better r:r, 21285 might be in the range.

Fundiewise Dragi might start QE 1st quarter 2015, FED to hike rates. supports LLs as well. Anyway for me we need some retrace here to min 24562 (yesterdays high) or even ~ 247x

Lets c.... I just keep playing the levels, selling high and buying low, shorts favoured.

Cheers,

JB
Hero calls followed by margin calls...
Quoting Kofmaster
New low here we go, did someone said we can't make new low just now?
yes, I did.

Sry, am just a rookie. You r the gurus.
Hero calls followed by margin calls...
I said down, it will remain down for the next year
atheer1
Quoting PhAnTi'
{quote} my view is that (obv.) eurusd is in a downtrend since 8th may 2014. Techwise a HH (1.2601 = activtrades quote) would offer a possible reversal for 1.285x or even 1.315x (still untested). With the LL today Shorts still offer better r:r, 21285 might be in the range. Fundiewise Dragi might start QE 1st quarter 2015, FED to hike rates. supports LLs as well. Anyway for me we need some retrace here to min 24562 (yesterdays high) or even ~ 247x Lets c.... I just keep playing the levels, selling high and buying low, shorts favoured. Cheers, JB
I think max this thing will rise is 1.24. I put 1.25 out of the picture now and its getting close to putting 1.245 out of it as well. Downward pressure is growing heavily especially if you look at this weeks candle.
Quoting PhAnTi'
{quote} yes, I did. Sry, am just a rookie. You r the gurus.
Nah, I never or will admit I'm the gurus. Just that its funny when someone make that kind of statement. Don't be offended
Read the entire market, money is made on the main trend not the fluctuation
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting fxtyrant
{quote} where the rich gets richer and the poor gets poorer. AMEN!
I hate to break it to you Tiny Tim... but you're in the poor category.

EDIT: as we all here are... unless there are some 1%'ers lurking about. Somehow I doubt it.
Quoting thegmann
{quote} I think max this thing will rise is 1.24. I put 1.25 out of the picture now and its getting close to putting 1.245 out of it as well. Downward pressure is growing heavily especially if you look at this weeks candle.
im thinking the same thing.... heck my max is 1.24.... not even gona bother seeing 1.25, 1.25 would mean a breakout... doubt it.
We live in a finite world with infinite possibilities.
Quoting eggs
{quote} I hate to break it to you Tiny Tim... but you're in the poor category.
i hate to break it back to you. "you dont know me in person"
im actually pretty well off i may say.
afforded an education in the UK private school as a boarding student, graduated from UK university paying international student fees.... hmmmmm
pretty well off to me.

actually some of my rich "1%" friends find this forum hilarious....
some asked me why im wasting my time with guys here....
well i have to say.... there are actually good traders like gatorinla and boy did i miss someguy called fontu....
legendary cloggie and turhovach....
these guys gave me a reason to be in forex factory.
1. for laughs
2. actual professionals in the biz who also uses forex factory.

pretty much it.
We live in a finite world with infinite possibilities.
The non-farm payroll today ruined Draghi's efforts from yesterday and the euro is once again in freefall. The EUR/USD bearish trend continues and the pair will likely reach 1.2200 sometime soon.
Quoting PhAnTi'
{quote} my view is that (obv.) eurusd is in a downtrend since 8th may 2014. Techwise a HH (1.2601 = activtrades quote) would offer a possible reversal for 1.285x or even 1.315x (still untested). With the LL today Shorts still offer better r:r, 21285 might be in the range. Fundiewise Dragi might start QE 1st quarter 2015, FED to hike rates. supports LLs as well. Anyway for me we need some retrace here to min 24562 (yesterdays high) or even ~ 247x Lets c.... I just keep playing the levels, selling high and buying low, shorts favoured. Cheers, JB
Thank you very much for sharing .
People wont learn to post analysis in forums not "I think its down/up!"
Quoting eggs
{quote} EDIT: as we all here are... unless there are some 1%'ers lurking about. Somehow I doubt it.
For some international perspective: if you have more than $35 to your name then you are in the top half of the planet's people.
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting fxtyrant
{quote} i hate to break it back to you. "you dont know me in person" im actually pretty well off i may say. actually some of my rich "1%" friends
Sorry old chap. I thought you were referring to the great wealth divide. No misunderstandings. It's all relative. I'm sure your balance sheet is impressive in it's own right. Only relative to real wealth does it fall well short of anything other than a middle class income which is much much much much much closer to the poor end of the spectrum than it is the rich end.
Quoting rehorst
{quote} For some international perspective: if you have more than $35 to your name then you are in the top half of the planet's people.
Actually I heard in Radio that if all Money or wealth would be splited equally to all planet's people that each one will have ~ 7000$
Ladies and gentlemen, what do you think the specific price is for when we touch the Great Wall of Forex?

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Quoting fxtyrant
{quote} i hate to break it back to you. "you dont know me in person" im actually pretty well off i may say. afforded an education in the UK private school as a boarding student, graduated from UK university paying international student fees.... hmmmmm pretty well off to me. actually some of my rich "1%" friends find this forum hilarious.... some asked me why im wasting my time with guys here.... well i have to say.... there are actually good traders like gatorinla and boy did i miss someguy called fontu.... legendary cloggie and turhovach.... these...
I really enjoy Fxtyrant postings, he is consistent and with his rants.

Well, I appreciate everyone who contributes to give their views and helps gives indications to where to research for their own convictions and analysis.

That's what I believe this forum should be about. I like to thank all those who contributes in an informed manner and gives their opinions with their own understandings.

GL all.
Yesterday....and today... Sell Friend Only sell... Good weekend for all bye bye... keep watching 1.22 soon...
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