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EURUSD

  • #942,961
  • Dec 11, 2014 7:47am Dec 11, 2014 7:47am
Quoting Magicmen
Caution scalpers. PA at mid of the week 2371. Either direction is possible. Waiting for LON closing
Now this is a key hint in trading.

Hero calls followed by margin calls...
  • #942,962
  • Dec 11, 2014 7:47am Dec 11, 2014 7:47am
Quoting fxtyrant
{quote} better be worth my time. unignored. go ahead.
somehow I believe that it's you....


cloggie...
Hero calls followed by margin calls...
  • #942,963
  • Dec 11, 2014 7:51am Dec 11, 2014 7:51am
Quoting PhAnTi'
{quote} Now this is a key hint in trading.
That is specially for scalpers. Bulls and Bears might have open position already. Either red or green
  • #942,964
  • Dec 11, 2014 7:52am Dec 11, 2014 7:52am
$ index looking like closing above R on H1.
  • #942,965
  • Dec 11, 2014 7:53am Dec 11, 2014 7:53am
Quoting fxtyrant
{quote} be humble, you were panicking earlier today but now you see the benefits to trading with the trend, enjoy the profits
I'm been slow to learn the benefits, even though they've always been obvious. I was biased towards going for counter-trend trades after big candles, but those are hardly worth the risk I've learned.
Enter Signature
  • #942,966
  • Dec 11, 2014 7:56am Dec 11, 2014 7:56am
Quoting PhAnTi'
{quote} thats the problem with selling low
yeah no kidding but I dont get why he didn't pull out some profits, his must RR must be quite low since he's got all these other trades all the way up
  • #942,967
  • Dec 11, 2014 7:57am Dec 11, 2014 7:57am
Quoting fxtyrant
{quote} i dont owe you shit.... you obviously gone long against the trend when the trend hasnt been confirmed broken. besides who the f are you? you have yet to earn my respect for me to even bother sparing any time for you... so suck it. bye.
Now I feel better and better....
More and more like Cloggie and that's meant to be positive feedback.
  • #942,968
  • Dec 11, 2014 7:59am Dec 11, 2014 7:59am
GJ decent bottoming there, after significant retracement of QE air, we have again solid bull mode, not that trend was ruined in nay case, but strong retracement did put pressure on it. For now i see 188 coming and slowly grind higher. Longs to be placed tomorrow and day after it.

Would like to see EU retrace now 20-30 to load shorts.

Meanwhile 3rd long scalp on UCAD for 10 pips TP.

AU key level held nicely for shorts, AU will drop lower no question about it.
http://prntscr.com/5fn45v
  • #942,969
  • Dec 11, 2014 8:11am Dec 11, 2014 8:11am
Possible retrace to 12400/12410 maybe?
  • #942,970
  • Dec 11, 2014 8:15am Dec 11, 2014 8:15am
Having vacation and trading are hard things to do, blown by aj couple days ago and trying to regain
waiting for eu to retrace at 1.24 to reload short as well as uj at 118.9 to reload long
p.s: fxtyrant im waiting for your pm reply
  • #942,971
  • Dec 11, 2014 8:17am Dec 11, 2014 8:17am
Quoting fxtyrant
{quote} be humble, you were panicking earlier today but now you see the benefits to trading with the trend, enjoy the profits
It was my first trade with my new system so ... naturally i was a little bit streesed but i learned trust my systems with good money management and be chill ... if i cant see opportunity i am without trade :-) thx bro but next time I will be cold as cube of ice
"I'm not answering stupid questions."
  • #942,972
  • Dec 11, 2014 8:18am Dec 11, 2014 8:18am
Quoting fxtradeabi
Possible retrace to 12400/12410 maybe?

should be usual retrace, yes
Hero calls followed by margin calls...
  • #942,973
  • Dec 11, 2014 8:19am Dec 11, 2014 8:19am
1.1.15 will be relaunch day for trade explorers, wont it? .... classic....
Hero calls followed by margin calls...
  • #942,974
  • Dec 11, 2014 8:20am Dec 11, 2014 8:20am
Quoting PhAnTi'
{quote} should be usual retrace, yes
  • #942,975
  • Dec 11, 2014 8:23am Dec 11, 2014 8:23am
EUR/USD broke above the resistance at 1.2460 only to start descending again after forming another inverted hammer candlestick pattern on the 4 hour filter chart. At this point, however, I am not certain whether this new movement to the downside is part of the bearish trend or part of the correction.
  • #942,976
  • Dec 11, 2014 8:24am Dec 11, 2014 8:24am
Quoting fxtyrant
{quote} be humble, you were panicking earlier today but now you see the benefits to trading with the trend, enjoy the profits
but yea I will be more humble .. but hands on heart .. I had just more adrenaline in blood thats all ... action !
"I'm not answering stupid questions."
  • #942,977
  • Dec 11, 2014 8:25am Dec 11, 2014 8:25am
Quoting victoriajen
EUR/USD broke above the resistance at 1.2460 only to start descending again after forming another inverted hammer candlestick pattern on the 4 hour filter chart. At this point, however, I am not certain whether this new movement to the downside is part of the bearish trend or part of the correction.
Bearish.

Why?

1) The breach of 1.2450 was caused by poor U.S. stock performance

2) the recent fall from 1.250 to 1.2360 was caused by EXTREMELY good U.S. data on retail sales, unemployment claims, and etc.

3) we're still in a downward trend.

Conclusion: The bounce up is run by a temporary stimulus, the movement down is fueled by established trend AND very good, very recent fundamentals.
  • #942,978
  • Dec 11, 2014 8:26am Dec 11, 2014 8:26am
I just want to thank those on this forum providing guidance and advice. I have been stalking this forum for a while now but felt like thanks were due to those offering facts, charts, and recommending patience while we wait for trades to setup. Learning a lot.
  • #942,979
  • Dec 11, 2014 8:27am Dec 11, 2014 8:27am
off... see ya tomorrow.

Take care,

J
Hero calls followed by margin calls...
  • #942,980
  • Dec 11, 2014 8:29am Dec 11, 2014 8:29am
Quoting Malchi
Everybody chill the **** out :-) .. just hit 200 MA on 4H chart .. thats what i was waiting for .. now I am short ... SL 40 .. TP 1.2175 .. NEXT PENDING ORDER IS -39 pips for sell and higher amount ... enjoy this is in history normal thing look EDIT: There is no reason to bull this thing up now ... tommorow will be important GL all !!! {image}
sweet memories
"I'm not answering stupid questions."
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