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  • #972,141
  • Mar 23, 2015 6:10am Mar 23, 2015 6:10am
EUR GBP longs looking great and will continue to imo.....
  • #972,142
  • Mar 23, 2015 6:12am Mar 23, 2015 6:12am
Having burned hands during last week, can we say the EU could break 1.0900 and test 1.1110 mark? I still support the EURUSD bears.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 26 KB
  • #972,143
  • Mar 23, 2015 6:16am Mar 23, 2015 6:16am
Well I would really love it goes to 1.1 for better positioning to parity. But if it don't....well I'm fine too. I'll just have to short at lower point.
Read the entire market, money is made on the main trend not the fluctuation
  • #972,144
  • Mar 23, 2015 6:16am Mar 23, 2015 6:16am
Don't really get the fuss...

I see the EU, GU as bearish as hell this week.
The MN candle is so black, sucking up all the longs.
Surely the month will finish down, not up.
My bet is that we will see 1.03 this week.
I don't really see any strong bullish moves, just SL hunting, by the way, all the majors banks were stopped on FOMC meeting from their shorts, CITI is still short.

So, consider the bear strong trend, and don't risk too much on longs.
Wanting to be someone else is a waste of who you are. - KC.
  • #972,145
  • Mar 23, 2015 6:18am Mar 23, 2015 6:18am
So many bold bearish predictions, only goes to show there is most likely another slaughter of EU bears coming.
  • #972,146
  • Mar 23, 2015 6:18am Mar 23, 2015 6:18am
Quoting fxft
Don't really get the fuss... I see the EU, GU as bearish as hell this week. The MN candle is so black, sucking up all the longs. Surely the month will finish down, not up. My bet is that we will see 1.03 this week. I don't really see any strong bullish moves, just SL hunting, by the way, all the majors banks were stopped on FOMC meeting from their shorts, CITI is still short. So, consider the bear strong trend, and don't risk too much on longs.
Food for thought. Where do you think normally the herd would put their SL ?
Read the entire market, money is made on the main trend not the fluctuation
  • #972,147
  • Mar 23, 2015 6:20am Mar 23, 2015 6:20am
Quoting Kofmaster
{quote} Food for thought. Where do you think normally the herd would put their SL ?
I'd say 1.11-1.1150 will get taken out...
  • #972,148
  • Mar 23, 2015 6:21am Mar 23, 2015 6:21am
Quoting Ck87
{quote} I'd say 1.11-1.1150 will get taken out...
Watch for bulls action in NY.
Intraday only.
  • #972,149
  • Mar 23, 2015 6:22am Mar 23, 2015 6:22am
Quoting joel973
Morning! Trust me.. NY Bulls are going to push this to 1.1 If reached doors opened wide for 1.12 Long long long

???

The NY bulls?
R u expecting a 250 pips daily range today?
Based on what?

Likely that NY will bring it down, not up...
Wanting to be someone else is a waste of who you are. - KC.
  • #972,150
  • Mar 23, 2015 6:23am Mar 23, 2015 6:23am
go M15 engulfing go !
"I'm not answering stupid questions."
  • #972,151
  • Mar 23, 2015 6:23am Mar 23, 2015 6:23am
Quoting navk
{quote} Watch for bulls action in NY.
watching for 1.0906... but favor more of a drop on Monday, bigger bounce later in week, though
  • #972,152
  • Edited Mar 24, 2015 5:11am Mar 23, 2015 6:23am | Edited Mar 24, 2015 5:11am
Quoting fxft
{quote} ??? The NY bulls? R u expecting a 250 pips daily range today? Based on what? Likely that NY will bring it down, not up...
Maybe 1.096


After which it could high as 1.3250 before dropping.......some people going have crazy times ahead..............after that it'll be easy to short, cuz everyone will be doing it.
  • #972,153
  • Mar 23, 2015 6:24am Mar 23, 2015 6:24am
Quoting navk
{quote} Watch for bulls action in NY.
It broke thro Asia high.
Intraday only.
  • #972,154
  • Mar 23, 2015 6:24am Mar 23, 2015 6:24am
Quoting Ck87
{quote} Should have already put you on mine but ehh I don't care, you're super arrogant and you will definitely lead blind followers off a cliff soon enough. Becoming slightly more humble wouldn't do you any harm ya know, you'd still be a massive egomaniac but just a bit less so...
I'd be careful if I were you. Given Fxtyrant's risk management, 3.5 lots with -100 pips or so is nothing, and in the weekly outlook, he's far more likely to get his TP zone hit than he is to get stopped out by a margin call.

EUR/USD is still fundamentally lower until QE fully kicks in around summer, or when an outlier for Greece happens sometime during April. Until then, We will still continue to test lower areas.

You know, people used to say the same thing when the EUR/USD bounced back upto 1.26-1.28 (a rise of HUNDREDS of pips); many people, including Tyrant and myself, just kept shorting.....and profited massively within a week or so.

If you're looking for intraday scalps, you could be right. But in terms of weekly, biw-weekly outlook, I'd have to favor Fxtyrant
  • #972,155
  • Mar 23, 2015 6:25am Mar 23, 2015 6:25am
From what I see.. We all have the same opinion. And that is in the not so far future, its going to make LL.

The only difference is that some of us are saying it would reach 1.1 before continuing down trend making LL, and some say it would start like right now, immediately making LL which is not so likely for me.

But betting long to 1.1 is very risky as you're countering trend and you don't know when the trend is resuming. Trade at your own comfortable risk then. No hard feelings.

But IF and only if it goes to 1.1 , then we all shall short this muthafocker to hell together.
Read the entire market, money is made on the main trend not the fluctuation
  • #972,156
  • Mar 23, 2015 6:26am Mar 23, 2015 6:26am
Quoting Vermillion
{quote} I'd be careful if I were you. Given Fxtyrant's risk management, 3.5 lots with -100 pips or so is nothing, and in the weekly outlook, he's far more likely to get his TP zone hit than he is to get stopped out by a margin call. EUR/USD is still fundamentally lower until QE fully kicks in around summer, or when an outlier for Greece happens sometime during April. Until then, We will still continue to test lower areas. You know, people used to say the same thing when the EUR/USD bounced back upto 1.26-1.28 (a rise of HUNDREDS of pips); many people,...
It's okay I'm not running an election campaign. Been bearish on EU since high 1.3's, now I'm starting to turn semi-bullish, at the very least more open to buying dips. Not oblivious to the weekly-monthly trend though. At this point I'd prefer buying big dips on the DAX, than shorting EU, and I'd prefer shorting GU for now rather than EU, we'll see. Not advising anyone to do the same, simply sharing my thoughts.
  • #972,157
  • Mar 23, 2015 6:28am Mar 23, 2015 6:28am
Quoting Ck87
{quote} watching for 1.0906... but favor more of a drop on Monday, bigger bounce later in week, though
See this.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 95 KB
Intraday only.
  • #972,158
  • Mar 23, 2015 6:35am Mar 23, 2015 6:35am
trgt 1.0899 come...

ok 16 pips ... 1 trade losed 1 won - chicky london false break of LOW... 1.0777 ... damn pin bar
"I'm not answering stupid questions."
  • #972,159
  • Mar 23, 2015 6:35am Mar 23, 2015 6:35am
Quoting Vermillion
{quote} I'd be careful if I were you. Given Fxtyrant's risk management, 3.5 lots with -100 pips or so is nothing, and in the weekly outlook, he's far more likely to get his TP zone hit than he is to get stopped out by a margin call. EUR/USD is still fundamentally lower until QE fully kicks in around summer, or when an outlier for Greece happens sometime during April. Until then, We will still continue to test lower areas. You know, people used to say the same thing when the EUR/USD bounced back upto 1.26-1.28 (a rise of HUNDREDS of pips); many people,...
Never in 1 time I doubted him about his trade. His trade is going to take profit for sure, 1 day.

But for instance if the price hit 1.1 , he is going to endure a -280 pips before taking +170 pips which I dont think it quite wise a trading decision Although, -280 pips is almost nothing given his money management.

Its all about timing.
Read the entire market, money is made on the main trend not the fluctuation
  • #972,160
  • Mar 23, 2015 6:36am Mar 23, 2015 6:36am
Quoting fxtyrant
{quote} lmao hmmm im pretty cautious. thanks for trying to teach me how to trade. good riddance to my ignore list.
i can truth now?
i will not cut loss. if u tell me it will go down.
sorry to ask you much.
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