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EURUSD

  • #972,741
  • Mar 24, 2015 4:07am Mar 24, 2015 4:07am
Quoting forexings
{quote} forget about strong anything. euro may up slowly that stubborn bear has gone already
You tell us Europeans
  • #972,742
  • Mar 24, 2015 4:08am Mar 24, 2015 4:08am
If there is anyone here thinking about a reversal of long term upwards trend. Then I would say the professional had successfully created a false sentiment in this shakeout, shorts reloading, sl hunting whatever you call it.

Remember, they need the herd masses buy in order for them to reload shorts. Pls decide which side are you on before you trade...
Read the entire market, money is made on the main trend not the fluctuation
  • #972,743
  • Mar 24, 2015 4:08am Mar 24, 2015 4:08am
80+

EU M15
Attached Image (click to enlarge)
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A good trader follows his rules, but great trader knows when to break them
  • #972,744
  • Mar 24, 2015 4:09am Mar 24, 2015 4:09am
Quoting budak baru
1.09713 is the current R for eu.I think price will consolidated until US open.
there will be strong move for cable after CPI.
Gold Expedition Return This Year: -16.4%
  • #972,745
  • Mar 24, 2015 4:09am Mar 24, 2015 4:09am
ok time to breakfast.
"I'm not answering stupid questions."
  • #972,746
  • Mar 24, 2015 4:09am Mar 24, 2015 4:09am
Quoting Ken A
Short - Risk 3 pips to find out if they are serious to defend 1.100 until NY Nothing negative about Euro so far ......... {image}
Now that is a briliant trade, even though very simple on face.
  • #972,747
  • Mar 24, 2015 4:11am Mar 24, 2015 4:11am
Quoting ill_be_back
80+ EU M15 {image}
I also have some R in EA ...
Fix up, trade sharp ...
  • #972,748
  • Mar 24, 2015 4:11am Mar 24, 2015 4:11am
Quoting budak baru
{quote} there will be strong move for cable after CPI.
Yep preffered down move, making LL, for possible short later around current price.
  • #972,749
  • Mar 24, 2015 4:11am Mar 24, 2015 4:11am
Quoting fxtyrant
{quote} you do realise Fundamentals Drives market's expectation which then provides areas of interest and these areas of interest develops into levels of liquidity which are then known as supply and demand right? Fundamentals give birth to supply and demand, not the other way around. otherwise... tell me.... the 2008 market crash. did news came out first before the sell off? or the sell off before the news? think carefully before you speak before you make yourself known as the local fool. Fundamentals Drove EURUSD down from 1.4 to the low of 1.0450...
I would have to disagree with you my friend. Fundamentals doesn't create supply and demand. Reason being is because for one in forex the supply is artificial. What would be 100% of the lots which can one person can own of EUR/USD? If the supply is artifical then what does that make the demand? Well the demand would then be a multi-layered pie which the market can eat up being that the banks have market depth. The market has the ability to see all pending orders which of course gives them the edge to shift the price where they can earn most money.
Yes Mario's speech one year ago caused EU to start it's nose dive (fundamentals), but everyone wanted EU to be above 1.40xx So maybe his speech was put into motion in order to justify the assault we have witnessed.
The under lining reality is if it has to do with fundementals or not, the market always trades within certain patterns. Those patterns begin on the lower tf, which creates the higher tf you end up trading. If you are ok with sitting in red more then 5x EU daily trading range, then so be it. It only supports my claim that fundementals are an excuse to invest when the reality it isn't wise to do so. Luckly for you you are trading in DEMO.
5% a day keeps the 9 to 5 away.
  • #972,750
  • Mar 24, 2015 4:12am Mar 24, 2015 4:12am
Quoting MarianneOslo
due to the figures coming from the eurosone laltely and the worsening in the US I would go long now. the QE preventes me from doing this yet
it just hit a 1/4 mark at 0998.. so lets see... 0942 is a 23.6 mark..
those who can, do. those who cant, talk about those who can
  • #972,751
  • Mar 24, 2015 4:12am Mar 24, 2015 4:12am
Quoting gatorinla
took the 0998 sell for 21.. i wanted to hold out for 0952/37 {image}
21 lots ?
"I'm not answering stupid questions."
  • #972,752
  • Mar 24, 2015 4:12am Mar 24, 2015 4:12am
Quoting janpec1000
{quote} Yep preffered down move, making LL, for possible short later around current price.
I will wait after data released.Perhaps down.
Gold Expedition Return This Year: -16.4%
  • #972,753
  • Mar 24, 2015 4:13am Mar 24, 2015 4:13am
Quoting ptyforex
{quote} I would have to disagree with you my friend. Fundamentals doesn't create supply and demand. Reason being is because for one in forex the supply is artificial. What would be 100% of the lots which can one person can own of EUR/USD? If the supply is artifical then what does that make the demand? Well the demand would then be a multi-layered pie which the market can eat up being that the banks have market depth. The market has the ability to see all pending orders which of course gives them the edge to shift the price where they can earn most...
you havent read the stuff about me trading a live family fund.... so for that im clearly gona put you on ignore cuz im gona give you just as much of the attention.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #972,754
  • Mar 24, 2015 4:14am Mar 24, 2015 4:14am
EA shorting plan
http://prntscr.com/6koift
  • #972,755
  • Mar 24, 2015 4:15am Mar 24, 2015 4:15am
Quoting MaximeCau
{quote} Retracement or beginning of an uptrend ? I personnally consider it as the beginning of a potential trend reversal, as we had a strong reaction on monthly support. Look at the strong up move we have since last week.
It's all semantics. A bias seller who is sitting in red will call this move on EU "retracement/correction". A bias buyer calls it "Potential trend reversal". The reality is we are giving titles to things which all in all doesn't exists.
5% a day keeps the 9 to 5 away.
  • #972,756
  • Mar 24, 2015 4:17am Mar 24, 2015 4:17am
Quoting ptyforex
{quote} I would have to disagree with you my friend. Fundamentals doesn't create supply and demand. Reason being is because for one in forex the supply is artificial. What would be 100% of the lots which can one person can own of EUR/USD? If the supply is artifical then what does that make the demand? Well the demand would then be a multi-layered pie which the market can eat up being that the banks have market depth. The market has the ability to see all pending orders which of course gives them the edge to shift the price where they can earn most...
Oh man.. I feel so sorry for you to started it off with a very wrong opinion in trading...

If its not fundamental drives the market then what are you doing here? what are we all doing here? Betting on patternness? randomness? feeling clairvoyant? beliefs in whatever your indicator tells you to do? If its so, then we are better off in casino... casino give results much faster than trading.
Read the entire market, money is made on the main trend not the fluctuation
  • #972,757
  • Mar 24, 2015 4:17am Mar 24, 2015 4:17am
I doubt it is going to be exact number. Normally 15 or 20 pips below or above exact numbers.

ok, time to go to bed.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #972,758
  • Mar 24, 2015 4:18am Mar 24, 2015 4:18am
Quoting fxtyrant
{quote} you havent read the stuff about me trading a live family fund.... so for that im clearly gona put you on ignore cuz im gona give you just as much of the attention.
Very mature to put someone on ignore who is simply questioning you. As for you trading a "live family fund", how is one to tell that from the demo account which you have posted below? Why should I have to read through all of your post to find something which you "claim" when you clearly can post the live account for all to see? It is honestly irrelevant at this point, as it is clear I have hit a nerve. The purpose of this site is to share thoughts about things which interest us. In this case, it would be why people are selling, instead of buying. If I have offended you in anyway, then I am sorry. I just hope your DEMO account isn't a reflection of your live trading.
5% a day keeps the 9 to 5 away.
  • #972,759
  • Mar 24, 2015 4:18am Mar 24, 2015 4:18am
EMA will hold it.
"I'm not answering stupid questions."
  • #972,760
  • Mar 24, 2015 4:18am Mar 24, 2015 4:18am
Quoting Malchi
{quote} 21 lots ?
no 20, and 21 pips
those who can, do. those who cant, talk about those who can
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