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  • #972,481
  • Mar 23, 2015 1:11pm Mar 23, 2015 1:11pm
Quoting Schickeria
{quote} it's going down on my view 1.09538 hit for minimum retrace to 1.06561-1.06521 until now 1.0950-1.0953 is crucial now Let's C {image}
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  • #972,482
  • Mar 23, 2015 1:12pm Mar 23, 2015 1:12pm
there all dreamers ,it isn't going there now

Quoting Davidthekoko
Too much people sold. So I think a lot of them needs to be ditched out before we resume downward trend. Just my thought. We might never see 1.07 until we see 1.1400. Because almost 70% of traders have confidence that we are going 1.00000 {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #972,483
  • Mar 23, 2015 1:25pm Mar 23, 2015 1:25pm
doesnt that formed wedge on the 15 minute frame usually break down?
  • #972,484
  • Mar 23, 2015 1:25pm Mar 23, 2015 1:25pm
EU is trading sideways at the daily R1 and people are shorting without an engulf of the candle which has printed the new intraday high. That seems to go against the rule of extension/reversal doesn't it?
5% a day keeps the 9 to 5 away.
  • #972,485
  • Mar 23, 2015 1:26pm Mar 23, 2015 1:26pm
Quoting zwi00
doesnt that formed wedge on the 15 minute frame usually break down?
most time and strong
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  • #972,486
  • Mar 23, 2015 1:29pm Mar 23, 2015 1:29pm
Quoting Schickeria
{quote} most time and strong {image}
wedge?
follow the flow
  • #972,487
  • Mar 23, 2015 1:32pm Mar 23, 2015 1:32pm
Quoting zwi00
doesnt that formed wedge on the 15 minute frame usually break down?
Even if MOST times it breaks down after a wedge, maybe identifying the reason "why" is much more important.
5% a day keeps the 9 to 5 away.
  • #972,488
  • Mar 23, 2015 1:32pm Mar 23, 2015 1:32pm
We should break 1.096 in an hour.
  • #972,489
  • Mar 23, 2015 1:32pm Mar 23, 2015 1:32pm
Quoting 21vs7
{quote} was betting on full technical reversal on EURxxx. got lucky. now trying some EA shorts from aroundish keeping others to show Ken later on {quote} same goes for cable. ______________ meanwhile xxxchf?!?!?!
covering EU +340...killing half of EJ +280
EA taking half from intraday s +40
keeping cable longz
  • #972,490
  • Mar 23, 2015 1:34pm Mar 23, 2015 1:34pm
Quoting zwi00
doesnt that formed wedge on the 15 minute frame usually break down?
Waiting for it to hit top edge again around 1.096x as mentioned earlier then expecting a sharp drop, struggling to get back up there though....
As the lights go by so too do the shadows move
  • #972,491
  • Mar 23, 2015 1:35pm Mar 23, 2015 1:35pm
...
Attached Image
follow the flow
  • #972,492
  • Mar 23, 2015 1:36pm Mar 23, 2015 1:36pm
Quoting Davidthekoko
Too much people sold. So I think a lot of them needs to be ditched out before we resume downward trend. Just my thought. We might never see 1.07 until we see 1.1400. Because almost 70% of traders have confidence that we are going 1.00000 {image}
I would agree with you. The market was built (once it was made for the public to trade in it), to go against the "herd". Although we have seen a very one sided market the last 12 months, the reality is the FOMC statement did a lot of damage to the shorters. Although the spike of 400 pips seems pretty small, do recall that as the price moved up, it would slow down giving the illusion that the move up was over, only for it to continue its spike up. When people see counter movements like that, they simply want to add to the short (following the trend), but they get overly excited and risk to much of their accounts. Over leveraging isn't to blame, but instead the lack of understanding that the market is here to trap us. Prior to FOMC over 75% of the people here on FF.com were shorting. So one is to assume that most of the retailers were doing the same, and thus we had that massive spike up.
5% a day keeps the 9 to 5 away.
  • #972,493
  • Mar 23, 2015 1:39pm Mar 23, 2015 1:39pm
Quoting Atihun
... {image}
Atihun, please post those pictures else where. Maybe on facebook or on some 10 yearold chat room.
5% a day keeps the 9 to 5 away.
  • #972,494
  • Mar 23, 2015 1:40pm Mar 23, 2015 1:40pm
Quoting ptyforex
{quote} Atihun, please post those pictures else where. Maybe on facebook or onsome 10 yearold chat room.
so this is perfect...
  • #972,495
  • Mar 23, 2015 1:41pm Mar 23, 2015 1:41pm
Quoting Schickeria
{quote} it's going down on my view 1.09538 hit for minimum retrace to 1.06561-1.06521 until now 1.0950-1.0953 is crucial now Let's C {image}
This would be a nice place to turn

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It's all about bucks, kid. The rest is conversation.
  • #972,496
  • Mar 23, 2015 1:42pm Mar 23, 2015 1:42pm
Quoting Bones
there all dreamers ,it isn't going there now {quote}
0975 soon and things will b clear at least to me
0975 very important i been wait since last week "if Value of the price accepted there then that will lead us to go higher"
  • #972,497
  • Mar 23, 2015 1:43pm Mar 23, 2015 1:43pm
Quoting Atihun
... {image}
Yes, this fits the EU thread's educational nivel ...
Fix up, trade sharp ...
  • #972,498
  • Mar 23, 2015 1:50pm Mar 23, 2015 1:50pm
Quoting Lalu
{quote} This would be a nice place to turn {image}
yes it's a turning point. but i expect the next days ranging here after the strong move of last week.

triangle also possible
  • #972,499
  • Mar 23, 2015 1:51pm Mar 23, 2015 1:51pm
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  • #972,500
  • Mar 23, 2015 2:00pm Mar 23, 2015 2:00pm
Expect today close near 1.09, or overnight move to this level. BTW i think we will go up, but first touch this level again. 1.0970 looking for short level for me.
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