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Bull City Baby! Buying Opportunities

  • #821
  • Dec 12, 2014 10:01am Dec 12, 2014 10:01am
Guys....bulls are dead...I feel this HS pattern is going to dump this pair back down to 115-110
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Good luck and may the odds be ever in your favor!
  • #822
  • Dec 12, 2014 10:06am Dec 12, 2014 10:06am
Anybody worry about the "producer-price index" results today, its implication regarding inflation fears, and also knowing that next week on the same day than the FED, there the CPI... hard for USD bulls...
  • #823
  • Dec 12, 2014 10:13am Dec 12, 2014 10:13am
Bears still failed to break a new low let alone previous support.. Talk about a shakeout at its finest lol

Edit: we shall see if my statement holds true.

Edit 2: They couldn't even capitalize on 4hr GDoji hahha

Edit 3: the euro just doesn't want to let up...it knows that lowest of lowest are upon them... especially once stimulus is pumped.
  • #824
  • Dec 12, 2014 10:22am Dec 12, 2014 10:22am
Quite the traders market.
  • #825
  • Dec 12, 2014 10:24am Dec 12, 2014 10:24am
The Euro needs to plummet already...no reason for it to be at this part of the channel...its going to dog shit and they need to let it happen already.
  • #826
  • Dec 12, 2014 10:25am Dec 12, 2014 10:25am
I'm long at 118.35. My tp was 119.30. Now I'm kinda in doubt.
  • #827
  • Dec 12, 2014 10:26am Dec 12, 2014 10:26am
Quoting mk5
I'm long at 118.35. My tp was 119.30. Now I'm kinda in doubt.
Doubt is never a good thing.

The bulls are trying...but they are keeping the euro afloat God only knows why.
  • #828
  • Dec 12, 2014 10:30am Dec 12, 2014 10:30am
Sorry kind of amateur.

Quoting Rizmeister
{quote} Doubt is never a good thing. The bulls are trying...but they are keeping the euro afloat God only knows why.
  • #829
  • Dec 12, 2014 10:31am Dec 12, 2014 10:31am
Quoting mk5
Sorry kind of amateur. {quote}
All about learning buddy.

Edit: Thank God london closed without too much damage.
  • #830
  • Dec 12, 2014 10:33am Dec 12, 2014 10:33am
Quoting mk5
Sorry kind of amateur. {quote}
All about learning buddy.

Edit: Thank God london closed without too much damage.

They gave us good buying opportunities though.
  • #831
  • Dec 12, 2014 10:35am Dec 12, 2014 10:35am



Quoting Rizmeister
{quote} All about learning buddy. Edit: Thank God london closed without too much damage. They gave us good buying opportunities though.
  • #832
  • Dec 12, 2014 10:41am Dec 12, 2014 10:41am
I think that on a "information flow" USD is pretty much on the bull side, but there is a counter flow which is dragging it down...

From my own understanding it is just a matter of time this up side of USD materialize, but for how long ? (and here I come back with the CPI next week...) and how dense...?

Also the Fed acknowledgment is already in the tube since a while, it should still fuel the bulls for a time but it is more risky that usually...
  • #833
  • Dec 12, 2014 10:42am Dec 12, 2014 10:42am
But I see that USD will bounce up in a matter of hours, still how dense....?
  • #834
  • Dec 12, 2014 10:44am Dec 12, 2014 10:44am
Greetings guys!

I did jump back in long after my last post, and still holding. Sometimes I can't keep up with all the posts, but I did read most of what was posted so far today, and I just want to say thanks to all who are contributing to the positive and productive environment that is emerging in this thread, and also the other one (won't mention the name here )

It was a little rough start, at least for me, with some of the negativity, and I became ultra-sensitive to any little thing somebody posted. So, again sorry to all for my reactions, as I think several times I could have chosen kinder words, or just not responded.

But back to UJ. The reversal pattern on H1 that completed yesterday is still intact. In fact, it appears it might confirm itself on the H4 time frame as well. So far, bulls are not in trouble, but just gearing up for huge push, unless something changes in the PA

In fact, the price has not touched any of the suggested SLs that I posted yesterday. Post 591

Bull City Baby!
  • #835
  • Dec 12, 2014 10:44am Dec 12, 2014 10:44am
Quoting bccorp
But I see that USD will bounce up in a matter of hours, still how dense....?

Really seems like London boys were at work. As long as Abe gets reelected...we will see further weakening of the yen....gotta take into consideration of stimulus in euro. Sometimes the markets react much later...the FED with take into consideration the positive data of recent.
  • #836
  • Dec 12, 2014 10:45am Dec 12, 2014 10:45am
Quoting benaiah
Greetings guys! I did jump back in long after my last post, and still holding. Sometimes I can't keep up with all the posts, but I did read most of what was posted so far today, and I just want to say thanks to all who are contributing to the positive and productive environment that is emerging in this thread, and also the other one (won't mention the name here ) It was a little rough start, at least for me, with some of the negativity, and I became ultra-sensitive to any little thing somebody posted. So, again sorry to all for my reactions,...

Good post boss man.
  • #837
  • Dec 12, 2014 10:46am Dec 12, 2014 10:46am
When you say the boys of London, which way are they pulling it? And for what reasons? What's behind it?
  • #838
  • Dec 12, 2014 10:48am Dec 12, 2014 10:48am
just got back hmm not loving the look of things but lets see what NY does on it's own.... no new low as Riz said so that is something at least but still..... wish the EUR would stop being supported too.... in that short and it's slow going
  • #839
  • Dec 12, 2014 10:48am Dec 12, 2014 10:48am
Quoting bccorp
When you say the boys of London, which way are they pulling it? And for what reasons? What's behind it?

The markets are extremely thin...so you will see much more spikes until the new year.
  • #840
  • Dec 12, 2014 10:50am Dec 12, 2014 10:50am
Quoting benaiah
Greetings guys! I did jump back in long after my last post, and still holding. Sometimes I can't keep up with all the posts, but I did read most of what was posted so far today, and I just want to say thanks to all who are contributing to the positive and productive environment that is emerging in this thread, and also the other one (won't mention the name here ) It was a little rough start, at least for me, with some of the negativity, and I became ultra-sensitive to any little thing somebody posted. So, again sorry to all for my reactions,...
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