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  • #977,941
  • Apr 6, 2015 2:20pm Apr 6, 2015 2:20pm
Quoting 10cents
Wow what happened? This pair is dropping quick.
Bearish trend to continue
Last 2 weeks of upmove was big biys attempt to convince poor fools to go long against the trend.
They did a good job at that
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #977,942
  • Apr 6, 2015 2:23pm Apr 6, 2015 2:23pm
Quoting Pharm0r
True professional http://www.forexfactory.com/pippimpin#32
He just got fucked. Deleted acct

Quoting Pharm0r
oh wow There's the blown accounts part.
  • #977,943
  • Apr 6, 2015 2:24pm Apr 6, 2015 2:24pm
repeat repeat repeat http://www.forexfactory.com/showthre...00#post8184200
  • #977,944
  • Apr 6, 2015 2:24pm Apr 6, 2015 2:24pm
E/U return to 1.10? Or Shorts? What do u think?
  • #977,945
  • Apr 6, 2015 2:25pm Apr 6, 2015 2:25pm
Quoting gatorinla
{quote} the one that counts {image}
Yes, got it.
Intraday only.
  • #977,946
  • Apr 6, 2015 2:26pm Apr 6, 2015 2:26pm
Quoting fxtyrant
{quote} Bearish trend to continue Last 2 weeks of upmove was big biys attempt to convince poor fools to go long against the trend. They did a good job at that
Then i have to say the big boys did a great job.
  • #977,947
  • Apr 6, 2015 2:27pm Apr 6, 2015 2:27pm
Quoting PaulJames
{quote} No news from what I can see. What I do see is excitement due to this drop in EU but it has merely touched it's main pivot which is the FIRST pivot touch since the market has opened. I myself was wagering on the sell and made a quick 40+ pips by shorting E/J which of course has been correlating with EU since the market has opened. Shorters from 1.0800 and lower are in a deep red position, and more then likely will face more red days ahead.
No, there is news for this sudden drop down...
It is triggered by the sell off of US National debt,
that increase the treasury yield of US by 1.904% that cause the US shares to regain its earlier sell off...
In short, some big boys sell this off for profits....
  • #977,948
  • Apr 6, 2015 2:28pm Apr 6, 2015 2:28pm
jeeps 2 candle V 7 and I'm wrong ,we will see
remember my plan is to take bullish h12 and I haven't been in draw down

Quoting fxtyrant
{quote} Oops is right? Was it you posting that grand canyon picture?? Brilliant What cant break above 1.1 will come down like an avalanche I just wished that Bones guy didnt argue against the direction of the trend, great trader he is but sometimes a little too technical with the charts... When the up move was a mere correction/stop hunt flow from the underlying bearish trend
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #977,949
  • Apr 6, 2015 2:28pm Apr 6, 2015 2:28pm
so many chartist fools here who thot its a good idea to go long agains the trend lol
Bears from 1.4 down to 1.05 =3500 pip bear
Bulls from 1.05 to 1.10 = 500 pip bull < pathetic...

Keep trying bulls, keep trying...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #977,950
  • Apr 6, 2015 2:28pm Apr 6, 2015 2:28pm
Quoting fxtyrant
{quote} Bearish trend to continue Last 2 weeks of upmove was big biys attempt to convince poor fools to go long against the trend. They did a good job at that
The last 2 weeks, those who have been going "against" the trend haven't made money? Just as easily as one can debate that a move is a "stop hunt", the reality is you could of easily "hunted" with the market, then jump back in the direction of the "trend" correct? That seems much more like an efficient form of trading, then simply "waiting" for the trend to extend. What do you reckon?
Everything in life has a "counter". Especially in forex.
  • #977,951
  • Apr 6, 2015 2:30pm Apr 6, 2015 2:30pm
Quoting fxtyrant
so many chartist fools here who thot its a good idea to go long agains the trend lol Bears from 1.4 down to 1.05 =3500 pip bear Bulls from 1.05 to 1.10 = 500 pip bull < pathetic... Keep trying bulls, keep trying...
1.4 to 1.05 in 12 months.

1.05 to 1.10 in about 2-3 weeks which cleaned out most of the sellers who profited from the aforementioned 3500 drop. So although the bears had a very strong run, it did take 1 year to finally make the 3500 pips.
Everything in life has a "counter". Especially in forex.
  • #977,952
  • Apr 6, 2015 2:32pm Apr 6, 2015 2:32pm
Quoting Bones
jeeps 2 candle V 7 and I'm wrong ,we will see {quote}
I told u about the possibility where the next month candle can reverse back down making the march monthly candle perceived breakout as a false breakout...
Ot seems your're also getting rusty with charts too...
Just because we got a close breaking above a trendline doesnt mean its confirmed broken. We need this candle to test and reject that broken trend line
But it seems its more than a rejection... Seems more like re-entry into the bear trend forming previous month as a false breakout..
1.1 was never going to be broken and closed above my friend
U and i have been in thisvgame long enough... So dont discount my views
Btw jp morgan is still bullish dxy in q2,100 for q2 and 108-110 for end of 2015....
Watch urself going against the dollar....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #977,953
  • Apr 6, 2015 2:32pm Apr 6, 2015 2:32pm
Quoting fx-anew
{quote} No, there is news for this sudden drop down... It is triggered by the sell off of US National debt, that increase the treasury yield of US by 1.904% that cause the US shares to regain its earlier sell off... In short, some big boys sell this off for profits....
Thanks, interesting to know!
  • #977,954
  • Apr 6, 2015 2:33pm Apr 6, 2015 2:33pm
Quoting fx-anew
{quote} No, there is news for this sudden drop down... It is triggered by the sell off of US National debt, that increase the treasury yield of US by 1.904% that cause the US shares to regain its earlier sell off... In short, some big boys sell this off for profits....
I see. Thank you very much for sharing that information with me. The the tick charts moved it would of appeared as it was news, but I didn't see anything at all. Well nice reason to shake up the market a bit.
Everything in life has a "counter". Especially in forex.
  • #977,955
  • Apr 6, 2015 2:33pm Apr 6, 2015 2:33pm
Cheap euro for sale buy.
  • #977,956
  • Apr 6, 2015 2:33pm Apr 6, 2015 2:33pm
Fx I don't need to I will be right and you wrong

Quoting fxtyrant
{quote} I told u about the possibility where the next month candle can reverse back down making the march monthly candle perceived breakout as a false breakout... Ot seems your're also getting rusty with charts too... Just because we got a close breaking above a trendline doesnt mean its confirmed broken. We need this candle to test and reject that broken trend line But it seems its more than a rejection... Seems more like re-entry into the bear trend forming previous month as a false breakout.. 1.1 was never going to be broken and closed above...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #977,957
  • Apr 6, 2015 2:35pm Apr 6, 2015 2:35pm
Quoting PaulJames
{quote} The last 2 weeks, those who have been going "against" the trend haven't made money? Just as easily as one can debate that a move is a "stop hunt", the reality is you could of easily "hunted" with the market, then jump back in the direction of the "trend" correct? That seems much more like an efficient form of trading, then simply "waiting" for the trend to extend. What do you reckon?
Im sorry but the move up from 1.05 is not part of the market...
Its die to FOMC scaring the liquidity away so the market was not as full force... And NFp happens to be at very low liquidity times where half the world was on holiday...
The "market" was not behind the move up
The "big boys" were....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #977,958
  • Apr 6, 2015 2:35pm Apr 6, 2015 2:35pm
Quoting KonradPLN
E/U return to 1.10? Or Shorts? What do u think?
I'd say to wait for accumulation on the lower tf. Based on the formation on the 5m, EU has one more spike down left in her. At which point we should head into accumulation. Once the accumulation is confirmed on the lower tf, I will share the chart in order to give those interested a few on the positions which can be taken.
Everything in life has a "counter". Especially in forex.
  • #977,959
  • Apr 6, 2015 2:35pm Apr 6, 2015 2:35pm
Quoting jayjrj
When more & more people are convinced it will go up, down it will go
And here we go....
  • #977,960
  • Apr 6, 2015 2:36pm Apr 6, 2015 2:36pm
Quoting PaulJames
{quote} Very well said sir. My question to you would be based on something you mentioned not to long ago. Do you believe that the higher tf gives birth to what we see on the lower tf or vica versa?
It took me several years to design a method that works in longer term. Before that I believed long term trading in forex was not of much use.

That is a difficult question. Difficult because I cannot figure out what will happen on both smaller and bigger timeframes. To me, it is not necessary that what happens on smaller timeframes has any bearing on bigger timeframes and vice versa. However, if you check the charts may find that pa maintains the direction on bigger timeframes more often than smaller timeframes.

It is just like tossing a coin. If you toss a coin for thousand times may witness series of heads and tails but in longer term a balanced coin will give a 50:50 outcome. Similarly, in short term there are more ups and down than long term and for good reasons. Any anticipation or event can result in order placement but continuation of such positions is based on longer term perspective. Therefore different sentiments based on immediate happenings stimulate market in short run. Some of those positions are closed if price prediction was not right at the time of entries and some other are closed for full or partial profit taking and rest for other reasons.
The Thief of Wall Street
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