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  • #943,721
  • Dec 14, 2014 8:29pm Dec 14, 2014 8:29pm
Quoting gatorinla
{quote} after having a low and a 250 pip bounce. trading with trend is most times in your favor.
what you mean from this sir. Because i am new to this terms
  • #943,722
  • Dec 14, 2014 8:30pm Dec 14, 2014 8:30pm
Quoting vidhyaking
{quote} thanks bcoz i am short @ 1.23545(0.35) feeling confused what to do ..
You are not feeling confused, you are confused but more precisely indecisive. Why it is necessary to trade when things are not clear? Pick the applicable answer:

1. Because other people are trading and they are sure of their trades.
2. I have a daily, weekly, monthly target to achieve and cannot lose many opportunities
3. There is some balance in the account and plenty of margin. Let's enter a small trade, when it goes right, will enter more.
4. I lost last Friday/last week, should recover that loss before this week goes into full swing, so that I am able to trade at the level I did last week
The Thief of Wall Street
  • #943,723
  • Dec 14, 2014 8:34pm Dec 14, 2014 8:34pm
Quoting vidhyaking
{quote} what you mean from this sir. Because i am new to this terms
new? real money is a bad time to be new. i hope your on a demo. if not, to save you some time and sleep. just mail me all your money. your wife will thank me.

come back and read this in 6 months
those who can, do. those who cant, talk about those who can
  • #943,724
  • Edited 8:59pm Dec 14, 2014 8:36pm | Edited 8:59pm
Quoting gatorinla
{quote} trend down and at R most times means it drops.
you probably mean Fibonacci Résistances... cuz the normal resistance just turned support as you said it earlier with your 2432(gravity point)...i don't see serious R/S, only a short term support started at 2246...
Attached Image (click to enlarge)
Click to Enlarge Name: R....jpg Size: 135 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #943,725
  • Dec 14, 2014 8:40pm Dec 14, 2014 8:40pm
Quoting TheNoob
{quote} you probably mean Fibonacci Résistances... cuz the normal resistance just turned support as you said it earlier with your 2432...i don't see serious R, only a short term support... {image}
you mean old norm at 32 ... he may just be setting up 2458 beer for 240x
those who can, do. those who cant, talk about those who can
  • #943,726
  • Dec 14, 2014 8:44pm Dec 14, 2014 8:44pm
Quoting gatorinla
{quote} moving stops, (2294) high+ a few. to cover my ass. if it breaks st may be wanting 2620ish (still counter trend). that's if the larger 2599 (and other R ) lets it. 2432 should be important for bears or bulls in the future depending in what side yesterdays high or low breaks, the trend is still down 1/4, month, week,.. 2612/30 is 1/4 close,, within the area of this, and another st's target. its looking more neutral with a break of 2494, bulls get a foothold. and if so 2432 may be a place to consider a long after a break of 2495 (if yesterdays...
norm was here before 2432 was hit the first time.. 2495 never broke...

larger norm a 2480 (2480/2599) happens most times before 2125,, we hit 2480 late last week..
those who can, do. those who cant, talk about those who can
  • #943,727
  • Dec 14, 2014 8:46pm Dec 14, 2014 8:46pm
Quoting TheNoob
{quote} you probably mean Fibonacci Résistances... cuz the normal resistance just turned support as you said it earlier with your 2432...i don't see serious R/S, only a short term support started at 2246... {image}
this is what happens when the July 2014 logic ends... we just lost every bearings, we only made a double false break down 2260 and up 2450, fishy moves, nothing is clean...just a bad time to invest money.
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #943,728
  • Dec 14, 2014 8:52pm Dec 14, 2014 8:52pm
Quoting gatorinla
{quote} 2432ish w/o a hh
still and quote sequence
those who can, do. those who cant, talk about those who can
  • #943,729
  • Dec 14, 2014 8:54pm Dec 14, 2014 8:54pm
Quoting TheNoob
{quote} this is what happens when the July 2014 logic ends... we just lost every bearings, we only made a double false break down 2260 and up 2450, fishy moves, nothing is clean...just a bad time to invest money.
i have waited for this move for weeks.. its been posted for weeks..
those who can, do. those who cant, talk about those who can
  • #943,730
  • Dec 14, 2014 8:58pm Dec 14, 2014 8:58pm
Quoting Chicky
{quote} You are not feeling confused, you are confused but more precisely indecisive. Why it is necessary to trade when things are not clear? Pick the applicable answer: 1. Because other people are trading and they are sure of their trades. 2. I have a daily, weekly, monthly target to achieve and cannot lose many opportunities 3. There is some balance in the account and plenty of margin. Let's enter a small trade, when it goes right, will enter more. 4. I lost last Friday/last week, should recover that loss before this week goes into full swing,...
i missed many opp. because of holding this trades. I thought with news some thing will happen. all these trades was opened on 8th dec.
  • #943,731
  • Edited 9:29pm Dec 14, 2014 9:04pm | Edited 9:29pm
Quoting gatorinla
{quote} i have waited for this move for weeks.. its been posted for weeks..
which move? the down one to 2260 or the up one to 2500? or both?....you probably speak about Daily. Y in a down trend we go always near GP so ofc it's your 2480...and what? you sure the down trend will continue? idk...i see it able to go up 2580 (next serious normal R...)
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #943,732
  • Dec 14, 2014 9:18pm Dec 14, 2014 9:18pm
Quoting TheNoob
{quote} which move? the down one to 2260 or the up one to 2500? or both?....
http://www.forexfactory.com/showthre...33#post7876533

the LL, then return to 2467/73 up to 2599... i did tweak to 2480/2599..2362/57, with newer pa. i was only planing on shorting bounces..
those who can, do. those who cant, talk about those who can
  • #943,733
  • Edited 9:55pm Dec 14, 2014 9:37pm | Edited 9:55pm
Quoting gatorinla
{quote} bulls next shot for a place to look is probably 2468 or 2473 area. i will still be holding my shorts personally for 2336.x or more.. with a LL an additional target of 2138, may present a shorting opportunity at 2467/73 (up to 2577) after 2336 or more makes a LL..
OK 2480 2580 so its the sellish area if they want to save their down trend...notice that the D1 resistance is Dead.....Dead... dead...so we are supposed to start something less bearish. so 1.2125 is not for the next week...
Attached Image (click to enlarge)
Click to Enlarge Name: D1 R is dEad....jpg Size: 122 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #943,734
  • Dec 14, 2014 9:39pm Dec 14, 2014 9:39pm
Hello Every One,

Happy PIPS week for all
  • #943,735
  • Dec 14, 2014 9:45pm Dec 14, 2014 9:45pm
Quoting TheNoob
{quote} OK 2480 2580 so its the sellish area if they want to save their down trend...notice that the D1 resistance is Dead.....Dead... dead... {image}
that was the plan 3 weeks back, even further. st 2455/65 (w/o 2495 touched) is where st bears should be if 2432 is getting attacked.. just as 2432 was for bulls.
those who can, do. those who cant, talk about those who can
  • #943,736
  • Dec 14, 2014 9:49pm Dec 14, 2014 9:49pm
bbl
those who can, do. those who cant, talk about those who can
  • #943,737
  • Dec 14, 2014 10:05pm Dec 14, 2014 10:05pm
Long ea 1.50844 sl 1.5080
A good trader follows his rules, but great trader knows when to break them
  • #943,738
  • Dec 14, 2014 10:44pm Dec 14, 2014 10:44pm
Closed my short from Friday for small profit. Don't like price action. Didn't get much help from elections in Japan. Also, consensus is for slightly better news out of Europe from Buba and upcoming European PMIs. Great economic news out of US last week pretty much ignored by market. Pressure seems to be for EUR/USD up, and I don't trade against long term trend, so I will sit out until FOMC to trade. Watch price action prior to FOMC -- this one tends to get leaked to the big banks more so than other news, so can give you an indication of likely price action if you notice a strong move starting a few hours prior to news release that doesn't seem to have a reason behind it.
  • #943,739
  • Dec 14, 2014 11:15pm Dec 14, 2014 11:15pm
Quoting Pmd1963
Closed my short from Friday for small profit. Don't like price action. Didn't get much help from elections in Japan. Also, consensus is for slightly better news out of Europe from Buba and upcoming European PMIs. Great economic news out of US last week pretty much ignored by market. Pressure seems to be for EUR/USD up, and I don't trade against long term trend, so I will sit out until FOMC to trade. Watch price action prior to FOMC -- this one tends to get leaked to the big banks more so than other news, so can give you an indication of likely price...

wanted to do that on thursday.... but still "open"..still "in"... approaching end of the year and didnt want to be in...apart from FOMC (in case it did make a sense)....
  • #943,740
  • Dec 14, 2014 11:27pm Dec 14, 2014 11:27pm
Should I sell EURUSD? I am confused?
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