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  • #963,681
  • Feb 25, 2015 5:08am Feb 25, 2015 5:08am
Quoting tomas.v
German Finance Minister Schaeuble says it was not an easy decision the Eurozone took to approve the Greek reform list Looks positive for Euro
But EUR doesnt like this positivity
Random_Impatient_Trades
  • #963,682
  • Feb 25, 2015 5:19am Feb 25, 2015 5:19am
Quoting gatorinla
{quote} London showed signs of wanting lower. ny didnt follow through on London's month, with a close. but ny did attack it. i stick with the bears.. still need 1279.. -1288 is good too with close.. -1209 better... London week at 1357 still holding for the time being, month at 1288 and 1279 also holds. 1209 is helping them.. its been a month here with no change.
London has been open a few hours now. still appears true atm
those who can, do. those who cant, talk about those who can
  • #963,683
  • Feb 25, 2015 5:24am Feb 25, 2015 5:24am
Quoting gatorinla
{quote} London has been open a few hours now. still appears true atm
Whats your view on GU, we have passed 5500. I still see it going down on daily, but trend is against.
  • #963,684
  • Feb 25, 2015 5:26am Feb 25, 2015 5:26am
Lol the saga continues!

Quote
GREEK FINANCE MINISTER VAROUFAKIS SAYS WE DON'T HAVE AN IMMEDIATE PROBLEM WITH LIQUIDITY IN THE STATE, BUT WE WILL HAVE A PROBLEM REPAYING IMF, ECB IN THE SUMMER
  • #963,685
  • Feb 25, 2015 5:28am Feb 25, 2015 5:28am
Quoting janpec1000
{quote} Whats your view on GU, we have passed 5500. I still see it going down on daily, but trend is against.
target was hit just below 5500 (5494)... look for tiredness. some 55xx levels were posted by magic and others a few days ago
those who can, do. those who cant, talk about those who can
  • #963,686
  • Feb 25, 2015 5:29am Feb 25, 2015 5:29am
Quoting KiwiTrada
{quote} could be a mini pump n dump in progress careful
Prepared for it to fall to the mid 1.23's and will be adding more there..... Oil is going to support this pair.. or at least it should. Definitely think we retest highs over coming months.... so I will build in direction of main trend.
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  • #963,687
  • Edited 5:56am Feb 25, 2015 5:41am | Edited 5:56am
Just want to be accountable for what I post here so getting back to Aussie. Was too switched off overnight after waking from alarms to cut my loss on the quick 7844 backtest after R was effortlessly taken (and news from China just twisted the dagger.) An unsalvaged (through stupid timing) intraday position loss there and not the first lesson learned messing with a new daily range in Asia/Oceania. Aussie looks like it's topping off 7874 intraday so then a move down on the cards to test 7839 again.

This pair is just a killzone for intraday trading at the moment. I dont know if any one is killing it here and even some of the better traders are probably flat or slowly grinding up over the last several days. There's no real reason to move higher and someone has so much conviction at the lows with the clout to back it up.
  • #963,688
  • Feb 25, 2015 5:50am Feb 25, 2015 5:50am
Looks like another drop to 1.13 or lower is coming on EU... hopefully up a bit first so I can reload shorts, range has been very profitable for me, I guess we could break out higher but once again the higher probability is to the downside
  • #963,689
  • Feb 25, 2015 5:55am Feb 25, 2015 5:55am
Quoting Ck87
{quote} Prepared for it to fall to the mid 1.23's and will be adding more there..... Oil is going to support this pair.. or at least it should. Definitely think we retest highs over coming months.... so I will build in direction of main trend. {image}
yep would agree she may have a go at mid 23,s pretty sure thats a 200ma you have there may use that confluence presently mid 23,s also
but as for trend, weekly is actually down, "but" shes printing this huge "bowl" with both sides almost vertical presently near the top of left side Im thinking she getting really interestingly poised she could push higher into the previous highs (left side of bowl or Im thinking more towards a decent pullback lower time frames I guess could be called a reversal, looking at daily we could be in a reversal pattern now using this months daily candles need to see if she can get to mid 23,s first then get thru
If you are new to Forex? Say Goodbye to your account!!
  • #963,690
  • Feb 25, 2015 5:58am Feb 25, 2015 5:58am
EU getting ready for a kick in the teeth up...
  • #963,691
  • Feb 25, 2015 6:02am Feb 25, 2015 6:02am
Quoting KiwiTrada
{quote} yep would agree she may have a go at mid 23,s pretty sure thats a 200ma you have there may use that confluence presently mid 23,s also but as for trend, weekly is actually down, "but" shes printing this huge "bowl" with both sides almost vertical presently near the top of left side Im thinking she getting really interestingly poised she could push higher into the previous highs (left side of bowl or Im thinking more towards a decent pullback lower time frames I guess could be called a reversal, looking at daily we could be in a reversal...
attacking previous hrly low 2421 20 2 2015 now that time bulls came in heavy but that was a friday
If you are new to Forex? Say Goodbye to your account!!
  • #963,692
  • Feb 25, 2015 6:10am Feb 25, 2015 6:10am
Quoting amgm2609
EU getting ready for a kick in the teeth up...
It is simply unable to sustain any bullish momentum, reminds me eurchf of some times ago..!

But in this case, the majority of traders are short, and the majority of stops are in the upside.

All we need is a courageous volunteer that buy heavily and bring the pair up enough to fill the stops.

What an epic short squeeze it would be

Seems like no big boy dare to buy the eur though.
  • #963,693
  • Feb 25, 2015 6:11am Feb 25, 2015 6:11am
Quoting KiwiTrada
{quote} attacking previous hrly low 2421 20 2 2015 now that time bulls came in heavy but that was a friday
Still seems like a bit more of a drop coming.. maybe 1.24? :nerd:
Edit: just happened literally seconds after i typed that..
  • #963,694
  • Edited 6:25am Feb 25, 2015 6:12am | Edited 6:25am
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Do trading have to be harder then drawing those lines?
I dunno.
Maybe if i sorta...

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I honestly believe some people want it to SEEM hard. Cause otherwise life would be so silly. But i mean just ask Monty python or George Carlin: Life IS very silly.
I mean i have honestly met that kind of attitude many times in my life. For an example, when i was 18 i was cutting grass with this hand held machine thing. Gasoline engine. Nice invention. Anyway. The guys on lawnmovers talked all day about how HARD it was driving a lawnmover and doing it right. Really? Does that even seem viable? Is it really hard driving a lawn mower? No its not. Anybody who tried knows its just boring. People are like that. I guess if other people find out how easy their job is, they are afraid of being replaced or something. Maybe they want to feel needed, a nice, IMPORTANT cog in society.
My signature is: "Classified".
  • #963,695
  • Feb 25, 2015 6:14am Feb 25, 2015 6:14am
Quoting Ck87
{quote} Still seems like a bit more of a drop coming.. maybe 1.24? :nerd: Edit: just happened literally seconds after i typed that..
yep was watching thats actually a pretty decent level to push thru, means nothing if she cant hold it tho, does mean the stops get dragged down a little more
If you are new to Forex? Say Goodbye to your account!!
  • #963,696
  • Feb 25, 2015 6:15am Feb 25, 2015 6:15am
Quoting Ck87
{quote} Still seems like a bit more of a drop coming.. maybe 1.24? :nerd: Edit: just happened literally seconds after i typed that..
Technically the most oversold we've been on UCAD on H1 in months...
  • #963,697
  • Feb 25, 2015 6:16am Feb 25, 2015 6:16am
Quoting KiwiTrada
{quote} yep was watching thats actually a pretty decent level to push thru, means nothing if she cant hold it tho, does mean the stops get dragged down a little more
Agreed... you flat here? I'm expecting oil to get smashed on oil inventories... UCAD spike if so...
  • #963,698
  • Feb 25, 2015 6:17am Feb 25, 2015 6:17am
Quoting MikiFX
Nah... this is hardly going up. Seems like EUR bulls can't get a decent spike up no matter US dovish comments. I'm more than ready to see all this down, down down sooner than later.
I'am with you.
  • #963,699
  • Feb 25, 2015 6:19am Feb 25, 2015 6:19am
Quoting MikiFX
Nah... this is hardly going up. Seems like EUR bulls can't get a decent spike up no matter US dovish comments. I'm more than ready to see all this down, down down sooner than later.
Gotta just wait patiently for the up moves and sell em all imo..
  • #963,700
  • Feb 25, 2015 6:23am Feb 25, 2015 6:23am
Quoting gatorinla
{quote} London has been open a few hours now. still appears true atm
Are you familiar or do you trade options? Have a thought I'd like to shoot your way
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