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  • #968,221
  • Mar 12, 2015 6:35am Mar 12, 2015 6:35am
Quoting nonlinear
Shorted EU, Longed UJ, and added short on AU.
when, where, and do you have a sl, or maybe a reason for entrys?
If you are new to Forex? Say Goodbye to your account!!
  • #968,222
  • Mar 12, 2015 6:41am Mar 12, 2015 6:41am
Should probably be shorting eu again here but eh, potential for big breakout to 1.07 remains.
  • #968,223
  • Mar 12, 2015 6:41am Mar 12, 2015 6:41am
Hi Guys, I'm a newbie trader doing ok, and getting to grips with it! Just wondering what peoples thoughts are on likely price moves today? Thanks in advance
  • #968,224
  • Mar 12, 2015 6:47am Mar 12, 2015 6:47am
Quoting ZebraSquirl
Haven't been able to get crap filled on intraday bounces to the .764 Fib line for the previous day's high/low since this week's opening ... . May get a shot at a EUR/GBP short on the back of Cable weakness, but that's nothing to cheer about ... .
Here we go ... . A little bounce ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #968,225
  • Mar 12, 2015 6:48am Mar 12, 2015 6:48am
Is the moment that all the bottom pickers turn into top pickers... all the way up to 1.50,

you know its a bottom when the majority of FF calls for shorts, as is happening now
  • #968,226
  • Mar 12, 2015 6:50am Mar 12, 2015 6:50am
Quoting mkvy
Is the moment that all the bottom pickers turn into top pickers... all the way up to 1.50
Nice one
Why sell the bottoms when you can buy the tops...
  • #968,227
  • Mar 12, 2015 6:54am Mar 12, 2015 6:54am
Quoting KiwiTrada
{quote} when, where, and do you have a sl, or maybe a reason for entrys?
looks like a decent entry to me based on UJ levels. If UJ stalls and tests high again, EU and AU will follow and then some. My entry yesterday on AU was risky given UJ's levels then, but I though UJ was poised to test higher highs (didnt happen), today looks better though. Could all get crappy though if UJ retraces further (lots of room for that, which is when I will look take a loss and seek to reenter lower). Key for me is to try to find setups with a 50/50 win rate (I am really happy with that), but keep my eye on the exits to keep my average rr high.
  • #968,228
  • Mar 12, 2015 6:56am Mar 12, 2015 6:56am
1.60 would be fine. There's still some American crap I wanna buy from ebay and 1.06 is hurting me. People over there should drop their prices to accustom their fine clients from Europe!
  • #968,229
  • Mar 12, 2015 6:57am Mar 12, 2015 6:57am
Attached Image (click to enlarge)
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  • #968,230
  • Mar 12, 2015 6:58am Mar 12, 2015 6:58am
EUR is not showing any signs of slowing... I am also looking a good place to short but afraid to do so with this strong price action
  • #968,231
  • Mar 12, 2015 7:01am Mar 12, 2015 7:01am
Quoting mkvy
Is the moment that all the bottom pickers turn into top pickers... all the way up to 1.50, you know its a bottom when the majority of FF calls for shorts, as is happening now
Exactly ... . Bit of a short squeeze ... . Which is fine because I need bounces to get in short again ... . Haven't looked at COT positioning, but my guess is it's way overweighted to the downside ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #968,232
  • Mar 12, 2015 7:01am Mar 12, 2015 7:01am
Quoting sakisf
1.60 would be fine. There's still some American crap I wanna buy from ebay and 1.06 is hurting me. People over there should drop their prices to accustom their fine clients from Europe!
Why buy Chinese stuff from a US based website?
Why sell the bottoms when you can buy the tops...
  • #968,233
  • Mar 12, 2015 7:07am Mar 12, 2015 7:07am
It's a simple ABC correction. Wave C has less momentum but needs to go a pip above wave A
  • #968,234
  • Mar 12, 2015 7:08am Mar 12, 2015 7:08am
Quoting nonlinear
{quote} looks like a decent entry to me based on UJ levels. If UJ stalls and tests high again, EU and AU will follow and then some. My entry yesterday on AU was risky given UJ's levels then, but I though UJ was poised to test higher highs (didnt happen), today looks better though. Could all get crappy though if UJ retraces further (lots of room for that, which is when I will look take a loss and seek to reenter lower). Key for me is to try to find setups with a 50/50 win rate (I am really happy with that), but keep my eye on the exits to keep my...
good to see you have your plan, just didnt see it in the post,

wouldnt factor in yen with eu or any euro pr, swissy is dabbling with parity now and Uc is dabbling with 200sma 30min dont like under 1h timeframe but just keeping an eye to see what stopping her, if either or both start breaking through want to be cautious with eu shorts, this week has been kiwi aussie and cad weeks, easily seen in their movement thus far, red us data in 25mins could really burn bears, and my guess is they already feeling a little heat, no problem for sellers from higher but anyone been selling today will little bit stressed right now, which is dangerous position to be going into strong us data
not saying its going to keep climbing, just sometimes even with major trend doesnt hurt to keep the finger on ice now and then - will see what players have for us with data release, my gamble, it will be red, and nasty red for eu I have 0666 as marker
If you are new to Forex? Say Goodbye to your account!!
  • #968,235
  • Mar 12, 2015 7:12am Mar 12, 2015 7:12am
Quoting KiwiTrada
{quote} .......just sometimes even with major trend doesnt hurt to keep the finger on ice now and then - will see what players have for us with data release, my gamble, it will be red, and nasty red for eu I have 0666 as marker
haha- I like that.
  • #968,236
  • Mar 12, 2015 7:14am Mar 12, 2015 7:14am
Quoting sclipp
It's a simple ABC correction. Wave C has less momentum but needs to go a pip above wave A
or double button on 1 h and down
  • #968,237
  • Mar 12, 2015 7:15am Mar 12, 2015 7:15am
Quoting nonlinear
{quote} Hope so, if it moves as much or more then, I will look to add some. Either way, I expect this move up is short-lived.
Wish fulfilled
  • #968,238
  • Mar 12, 2015 7:17am Mar 12, 2015 7:17am
Quoting Ken A
{quote} Wish fulfilled
Yes sir
  • #968,239
  • Mar 12, 2015 7:17am Mar 12, 2015 7:17am
Quoting JustAndy
{quote} Why buy Chinese stuff from a US based website?
Not buying Chinese, those I buy direct from aliexpress. I am a collector of old film camera lenses (Minolta) and generally other electronic equipment that I buy is priced way lower in US than UK or Germany. Now with the EU so low this is not the case if you include shipping costs. Also some other goods that my wife buys (natural medicines, stevia, bio stuff) are much cheaper on the US side.

Btw I also sell collectible stuff on ebay (US) and those I price in USD, so somehow it's good too
  • #968,240
  • Mar 12, 2015 7:19am Mar 12, 2015 7:19am
Quoting nonlinear
{quote} Yes sir
Careful with NZD, the swing is usually in straight line 500 - 600 pips
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