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  • #958,821
  • Feb 9, 2015 9:39pm Feb 9, 2015 9:39pm
Quoting OnlineAddict
{quote} Its a bullish pattern. Just wait for each good drop to buy, all SLs safe below 1310.
even touch 1.138x can you said itz a bullish pattern sir?
  • #958,822
  • Feb 9, 2015 9:39pm Feb 9, 2015 9:39pm
Quoting OnlineAddict
{quote} What a good day to scalp longs...closed first for 13 pips, second for 17, both with only 1 pip drawdown, can't really expect much more from the asian session, so waiting for one more long opportunity during Frankfurt.
  • #958,823
  • Feb 9, 2015 9:44pm Feb 9, 2015 9:44pm
Quoting kanchmadush
{quote} even touch 1.138x can you said itz a bullish pattern sir?
I have no idea how high this goes...but I will keep waiting for the drops to buy them until the EU session...and then lets see what they want to do. But I don't think they will stop the bull, they might just re-load around today's lows again.
Everyone can see the chart, but only a few can actually read it.
  • #958,824
  • Feb 9, 2015 9:54pm Feb 9, 2015 9:54pm
Quoting OnlineAddict
{quote} I have no idea how high this goes...but I will keep waiting for the drops to buy them until the EU session...and then lets see what they want to do. But I don't think they will stop the bull, they might just re-load around today's lows again.
yh,,,,hope they again touch1.127x/1.126x before bull...
thanks.
  • #958,825
  • Feb 9, 2015 9:58pm Feb 9, 2015 9:58pm
Quoting kanchmadush
{quote} yh,,,,hope they again touch1.127x/1.126x before bull... thanks.
If you want to hear my opinion...they won't...not before 1400 or higher. Just look at daily and H4. And H1 is building up for a spike, too. Not a good time to short at these levels, even though anything might happen during London, but I wouldn't trade it in that direction, yet. But I trade with small SLs, so its different.
Everyone can see the chart, but only a few can actually read it.
  • #958,826
  • Feb 9, 2015 10:04pm Feb 9, 2015 10:04pm
Quoting OnlineAddict
{quote} If you want to hear my opinion...they won't...not before 1400 or higher. Just look at daily and H4. And H1 is building up for a spike, too. Not a good time to short at these levels, even though anything might happen during London, but I wouldn't trade it in that direction, yet. But I trade with small SLs, so its different.
Check the color of marked sentence. It is because I love you. Before reading your post, thought I was the only crazy person here, but now I know I am not the only fool here.
The Thief of Wall Street
  • #958,827
  • Feb 9, 2015 10:07pm Feb 9, 2015 10:07pm
Quoting Chicky
{quote} Check the color of marked sentence. It is because I love you. Before reading your post, thought I was the only crazy person here, but now I know I am not the only fool here.
You know very well I love you, too, right?
Everyone can see the chart, but only a few can actually read it.
  • #958,828
  • Feb 9, 2015 10:09pm Feb 9, 2015 10:09pm
Quoting Chicky
{quote} Check the color of marked sentence. It is because I love you. Before reading your post, thought I was the only crazy person here, but now I know I am not the only fool here.
You were the first one I subscribed to you after seeing your posts here. Never you gave me an advice.
Intraday only.
  • #958,829
  • Feb 9, 2015 10:12pm Feb 9, 2015 10:12pm
Quoting OnlineAddict
{quote} You know very well I love you, too, right?
Its too late. My expiry date has expired and now its my turn. Doctors are no better than any speculative traders, if they tell you are going to live, you die the next day but if they tell you to go see where they will take you and how the place looks like, the funeral home keeps earning interest on your deposit for a long time.
LOL. Live everyday as if it is your last day, someday you will be right.
The Thief of Wall Street
  • #958,830
  • Feb 9, 2015 10:14pm Feb 9, 2015 10:14pm
Quoting navk
{quote} You were the first one I subscribed to you after seeing your posts here. Never you gave me an advice.
I am sorry for that. I give you not one, but two advises:

1. Never Trade
2. Never post on forex forums.

However, if you decide not to follow any of the above, here is the third one:

"Keep your positions as small as possible."
The Thief of Wall Street
  • #958,831
  • Feb 9, 2015 10:14pm Feb 9, 2015 10:14pm
Quoting Chicky
{quote} Its too late. My expiry date has expired and now its my turn. Doctors are no better than any speculative traders, if they tell you are going to live, you die the next day but if they tell you to go see where they will take you and how the place looks like, the funeral home keeps earning interest on your deposit for a long time. LOL. Live everyday as if it is your last day, someday you will be right.
I know...never trust a doctor...or a woman.
Everyone can see the chart, but only a few can actually read it.
  • #958,832
  • Feb 9, 2015 10:16pm Feb 9, 2015 10:16pm
Quoting Chicky
{quote} I am sorry for that. I give you not one, but two advises: 1. Never Trade 2. Never post on forex forums. However, if you decide not to follow any of the above, there is the third one: "Keep your positions as small as possible."
I don't agree with the first one. I am addicted.
Intraday only.
  • #958,833
  • Feb 9, 2015 10:27pm Feb 9, 2015 10:27pm
Quoting OnlineAddict
{quote} I know...never trust a doctor...or a woman.
Yes, always trust a lawyer and a politician................................................ and a forex brokerage firm.
The Thief of Wall Street
  • #958,834
  • Feb 9, 2015 10:35pm Feb 9, 2015 10:35pm
Serious Talk


I don't know how you people interpret NFP, but to me it indicates weaker dollar in the days to come. I am more focused on unemployment figure, it is now 5.6% from 5.5%. No doubt, euro is passing through a turbulent time, but its not a news for the past several years, already built into the price.

Correct me if I am wrong.

ps. Every time euro dips, a recovery seems impossible, then again it spikes up long way before coming back down. Gator mentioned something about the stock market that kept euro afloat temporarily, but now this is not a concern and therefore chances of it to go further down. But I don't know.

pss. To me, euro is the most logical reserve currency but still facing teething issues.
The Thief of Wall Street
  • #958,835
  • Feb 9, 2015 10:42pm Feb 9, 2015 10:42pm
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try a light long SL @1.12869
Trust yourself maybe will be wrong,doubt yourself absolutely will be wrong
  • #958,836
  • Feb 9, 2015 10:45pm Feb 9, 2015 10:45pm
Quoting Chicky
Serious Talk I don't know how you people interpret NFP, but to me it indicates weaker dollar in the days to come. I am more focused on unemployment figure, it is now 5.6% from 5.5%. No doubt, euro is passing through a turbulent time, but its not a news for the past several years, already built into the price. Correct me if I am wrong. ps. Every time euro dips, a recovery seems impossible, then again it spikes up long way before coming back down. Gator mentioned something about the stock market that kept euro afloat temporarily, but now this is not...
Unfortunately the unemployment numbers here in the US can be counter intuitive at times. The reason that the rate went up was because some of those long-term unemployed that fell out of the statistics because they had given up on looking for work, had now become optimistic enough that they could find work that they began looking for work again and were re-entered into the pool of unemployed to be counted towards the rate.

See not ALL those people who are unemployed are counted towards the unemployment rate.

Hopefully this helps a bit.

GREEN pips to you always.
  • #958,837
  • Feb 9, 2015 10:45pm Feb 9, 2015 10:45pm
Quoting Chicky
Serious Talk I don't know how you people interpret NFP, but to me it indicates weaker dollar in the days to come. I am more focused on unemployment figure, it is now 5.6% from 5.5%. No doubt, euro is passing through a turbulent time, but its not a news for the past several years, already built into the price. Correct me if I am wrong. ps. Every time euro dips, a recovery seems impossible, then again it spikes up long way before coming back down. Gator mentioned something about the stock market that kept euro afloat temporarily, but now this is not...
I disagree. All eyes are on the Fed. The markets know that policy trumps fundamentals, and central banks are directing the show. The NFP report highlights the impending rate hike. This, on the heels of EZ QE and Greece, doesn't bode well for EUR/USD in the near/mid-term.
  • #958,838
  • Feb 9, 2015 10:54pm Feb 9, 2015 10:54pm
Quoting SmoothTrader
{quote} Unfortunately the unemployment numbers here in the US can be counter intuitive at times. The reason that the rate went up was because some of those long-term unemployed that fell out of the statistics because they had given up on looking for work, had now become optimistic enough that they could find work that they began looking for work again and were re-entered into the pool of unemployed to be counted towards the rate. See not ALL those people who are unemployed are counted towards the unemployment rate. Hopefully this helps a bit. GREEN...
Thanks. I earlier ignored this. This change is small anyway.

Here is a gift for your response.
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The Thief of Wall Street
  • #958,839
  • Feb 9, 2015 11:28pm Feb 9, 2015 11:28pm
EURUSD is testing the low to go high at least to 1.135208 or higher.
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  • #958,840
  • Feb 9, 2015 11:45pm Feb 9, 2015 11:45pm
Quoting Chicky
{quote} I am sorry for that. I give you not one, but two advises: 1. Never Trade 2. Never post on forex forums. However, if you decide not to follow any of the above, here is the third one: "Keep your positions as small as possible."
how small is small?
Read the entire market, money is made on the main trend not the fluctuation
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