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EURUSD

  • #973,481
  • Mar 25, 2015 5:05am Mar 25, 2015 5:05am
sigh the PA this week... 20 pip move then stop hunt around it for the next 5 hrs.
As the lights go by so too do the shadows move
  • #973,482
  • Mar 25, 2015 5:09am Mar 25, 2015 5:09am
Quoting Idkurv
{quote} the levels hold, top tweezer and bearish pin bar 15m.I am still bearishwill see.
I am expecting 1.084 1.074 and 1.071will see.

Final target 1.065
  • #973,483
  • Mar 25, 2015 5:11am Mar 25, 2015 5:11am
As far as I can see Fib lvl held 2 times, the question is will it touch it again and maybe break or we will see a push down. Yes it's true the EUR was pushed up during big news.
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  • #973,484
  • Mar 25, 2015 5:20am Mar 25, 2015 5:20am
the idea for the bulls is defend the open ,

Quoting Bones
to be clear this daily at this time has a body of 20 pips and has broke downtrend line ,its up against the range of yesterday of 200 pips ,lets see close {quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #973,485
  • Mar 25, 2015 5:20am Mar 25, 2015 5:20am
Quoting 21vs7
stubborn fook.
Landaaaaaaaaaaaaaan ...
Fix up, trade sharp ...
  • #973,486
  • Mar 25, 2015 5:26am Mar 25, 2015 5:26am
Quoting transclusion
{quote} Hi, what book was that? Definitly too many pages to go searching...
Hi, just in case no one replied to you, it is "Master the Markets" by Tom Williams.
  • #973,487
  • Mar 25, 2015 5:27am Mar 25, 2015 5:27am
Maybe new highs coming... refuses to stay down, personally think lower but wouldn't be surprised
  • #973,488
  • Mar 25, 2015 5:28am Mar 25, 2015 5:28am
The PA seems losing steam. Depending on how the 4H candle formed, I may short.

1.085 needs to be tested before making new HH. PA is getting weaker, IMO if its want to create new HH, it need to test lower to gather strength..
Read the entire market, money is made on the main trend not the fluctuation
  • #973,489
  • Mar 25, 2015 5:36am Mar 25, 2015 5:36am
Quoting 2012mysterio
so many people on here are so sure where price action is going.. or not going.. lol.. the main trend is still down. look at your higher time frame charts this can hardly be called a reversal. not yet. my 2 cents.
I dont think anyone is calling a reversal, the charts are saying she is bouncing its simple, some are still trading the original"trend" some are trading the bounce and some a flip flopping every little twitch, every one has merit if it is their plan problem starts when trader starts confusing exactly what their actually plan is

problem gets worse when by the time a reversal is clearer the meat or pull back or bounce has played out, oh ow what now, do I try to sell the wave top and try for original trend or get on the new trend by then its too dangerous to do anything so it keeps rallying and reversal is confirmed but shit no safe entry

reality check original trend traders are by now in deep shit, people trying to catch the bounce are in no mans land, the pinp pongers should be doing ok but most will be getting burnt by the trend down brigade, trend reversal brigade, bounce brigade, revenge trader brigade the dont know shit brigade fuk what a mess,

shit what to do, well this is forex in motion, my advice is find a trade plan / style that you good at and comfortable with and stick to it dont be listening to the brigades it will fuk your mind and will garauntee losing account
If you are new to Forex? Say Goodbye to your account!!
  • #973,490
  • Mar 25, 2015 5:45am Mar 25, 2015 5:45am
(FOMC) is released, to your feedback guys.
The difference between gambling and speculating is risk management
  • #973,491
  • Mar 25, 2015 5:45am Mar 25, 2015 5:45am
Quoting Chicky
{quote} This is what you call a true double bottom {image}
Lol you're right... the ULTIMATE double bottom haha.
  • #973,492
  • Mar 25, 2015 5:48am Mar 25, 2015 5:48am
Quoting KiwiTrada
{quote} I dont think anyone is calling a reversal, the charts are saying she is bouncing its simple, some are still trading the original"trend" some are trading the bounce and some a flip flopping every little twitch, every one has merit if it is their plan problem starts when trader starts confusing exactly what their actually plan is problem gets worse when by the time a reversal is clearer the meat or pull back or bounce has played out, oh ow what now, do I try to sell the wave top and try for original trend or get on the new trend...
It was mainly a bearisy day yesterdsy.... what goes up must come down, what comes down must come up. Also, uptrend since March 13th... or market correction but what if it's more of a reversal than a pull back? It's definitely going to be a hot summer.
  • #973,493
  • Mar 25, 2015 5:54am Mar 25, 2015 5:54am
Quoting Tyllionaire
{quote} It was mainly a bearisy day yesterdsy.... what goes up must come down, what comes down must come up. Also, uptrend since March 13th... or market correction but what if it's more of a reversal than a pull back? It's definitely going to be a hot summer.
nope not bearish at all is actually a small body spinning top, which means confusion with the fomc high still untested, so a nothing candle a nothing day (except for ping pongers
If you are new to Forex? Say Goodbye to your account!!
  • #973,494
  • Mar 25, 2015 5:54am Mar 25, 2015 5:54am
Quoting KiwiTrada
{quote} I dont think anyone is calling a reversal,
I am

The fundies don't line up yet obviously but looking at correlations and a little bit voodoo I am expecting at least a full pullback if not a reversal. There is likely a lot of chop between here and there however
As the lights go by so too do the shadows move
  • #973,495
  • Mar 25, 2015 5:54am Mar 25, 2015 5:54am
Quoting Ken A
{quote} Yep 30 - 40 pips is normal during news release and day close Already took half off for +150 pips Waiting for retest to add back Might worth 500 - 600 pips
NZD in its own bullish world right now, maybe stop out move to 7707
  • #973,496
  • Mar 25, 2015 5:57am Mar 25, 2015 5:57am
Having fun with this bullish reversal...... OHHH YEAHHH well can't call a full reversal maybe some correction but $1.13 here we come
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  • #973,497
  • Mar 25, 2015 5:57am Mar 25, 2015 5:57am
looks like it may stop hunt around 1.1000 before retesting 1.088x
  • #973,498
  • Mar 25, 2015 5:58am Mar 25, 2015 5:58am
Quoting KiwiTrada
{quote} nope not bearish at all is actually a small body spinning top, which means confusion with the fomc high still untested, so a nothing candle a nothing day (except for ping pongers
I see, well I'm looking for some action today, I'm going long haha. But I've been in since $1.08 so it's been a happy day for a few days for me.
  • #973,499
  • Mar 25, 2015 5:58am Mar 25, 2015 5:58am
My next shorting zone from daily....
Attached Image (click to enlarge)
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  • #973,500
  • Mar 25, 2015 6:06am Mar 25, 2015 6:06am
Quoting MaxDoom
My next shorting zone from daily.... {image}
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