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  • #981,221
  • Apr 15, 2015 4:50am Apr 15, 2015 4:50am
Quoting ffleo
{quote} boring? solve the following puzzle then. {image}
I said it (never) gets boring in here, maybe you misread ?
Come with me if you want to live....
  • #981,222
  • Apr 15, 2015 4:52am Apr 15, 2015 4:52am
Quoting littlesmall
my take is, if this zone breaks 1.058 again , its going down test 1.052 - 1.053. i think high probability it is heading back up. USDx 15 min showing weakness, prolly heading down again. yet again, ECB later. anything can happen. just be safe.

Make plenty of sense to me....
  • #981,223
  • Apr 15, 2015 4:53am Apr 15, 2015 4:53am
Quoting gatorinla
{quote} high price oil correlation has changed. it benefits usd more then euro, it also has less affect verse usd against cad and aud then just a few years ago. just remember europe imports most of its oil..
Agree. I'm not talking about anything to do with EUR/USD, just reminding you about close above 54 and go long strat..
  • #981,224
  • Apr 15, 2015 4:55am Apr 15, 2015 4:55am
Markets are expecting that Draghi will not say anything against QE. If he meets these expectations Euro can break to new lows.
  • #981,225
  • Apr 15, 2015 4:57am Apr 15, 2015 4:57am
Quoting fxtyrant
{quote} actually its not from 2 lot to 3.5 lot. its actually 3.75 lot down to 3.5 lot then add 2 lot every 20 pips down or so. this is me scaling in trades, its not me doubling down to try to recoup the losses but rather me making my entry and using dollar cost averaging to scale my average trade entry price down. so instead of 1 trade at 119.80, its probably now around 119.5 where my average entry is at. and yes its still called trade management. I make sure the drawdown doesn't get out of hand.... and my last eurotrade where the drawdown got pushed...

Very useful... I do find its all about the fundies in that you have understood how to interpret the economics to the overall trend. Also some understanding how the big boys will play the PA..

If one can understand the general direction (i.e. trend) and that it has a high chance to play out, then its scaling in..

I do that, but unfortunately not to the scale fxyrant does.. Overall, it is profit that matters and i have been observing the growth account. If one can handle the drawdown and manage the trades to hit the TP based on the economics... I think that is a general good strategy that is based on PA.... Its good in my books.

I look forward to 121.00 when ever it comes...

Hopefully sooner than too my further draw down. Just fearing the trend line be broken and then it will drop to beyond 118.xx

Good luck all
  • #981,226
  • Apr 15, 2015 4:57am Apr 15, 2015 4:57am
about to break 1.0612 and this thing going higher. looks very possible , vs the USDX.
  • #981,227
  • Apr 15, 2015 4:57am Apr 15, 2015 4:57am
Quoting gatorinla
nap time,, st attraction to 067 possible.. but closes may jerk it back leaving wick.. dono.. trade was when at high,, noise between is just noise
typo alarm woke me,,, 0617 corrected,,, bounce high atm 0607
those who can, do. those who cant, talk about those who can
  • #981,228
  • Apr 15, 2015 4:58am Apr 15, 2015 4:58am
action started building into 105mins
If you are new to Forex? Say Goodbye to your account!!
  • #981,229
  • Apr 15, 2015 4:59am Apr 15, 2015 4:59am
The recent price action has screwed up my head. I see every upside movement as fake, and every downside as trap. my hand is shaking I couldnot pull the trigger anymore. I do not know the name of this disease, but I think if I sleep for two days might help clear it from my head.
  • #981,230
  • Apr 15, 2015 4:59am Apr 15, 2015 4:59am
Nooooo, no pullback Mr Tyrant. Was I right again? Yes I was!
That's the advantage of scalpers over long term players...
  • #981,231
  • Apr 15, 2015 5:01am Apr 15, 2015 5:01am
Quoting KzX
Nooooo, no pullback Mr Tyrant. Was I right again? Yes I was! That's the advantage of scalpers over long term players...
so you are rich ?
COT: The precious data ignored
  • #981,232
  • Apr 15, 2015 5:03am Apr 15, 2015 5:03am
Quoting KzX
Nooooo, no pullback Mr Tyrant. Was I right again? Yes I was! That's the advantage of scalpers over long term players...
Why you brag? All what Mr Tyrant wants to say.. it is not "smart" to trade against trend. And I agree with him.
  • #981,233
  • Apr 15, 2015 5:03am Apr 15, 2015 5:03am
Quoting Ck87
{quote} Agree. I'm not talking about anything to do with EUR/USD, just reminding you about close above 54 and go long strat..
i dont have my charts.. out of town... yeah it has a 6x. target.. but a pullback to 4x will probably happen before.. whatever i posted then
those who can, do. those who cant, talk about those who can
  • #981,234
  • Apr 15, 2015 5:06am Apr 15, 2015 5:06am
There's gonna be a lot of noise before ECB, at the moment it looks super bearish (look at stocks) with retracement/reversal in place.
You could've expected that. If the rally is too fast after LON open, you can expect a spike 2hrs later...
I'm not gonna try to predict anything only 10-15p scalps until ECB...
  • #981,235
  • Apr 15, 2015 5:08am Apr 15, 2015 5:08am
alarms out the way.. sleep time
those who can, do. those who cant, talk about those who can
  • #981,236
  • Apr 15, 2015 5:10am Apr 15, 2015 5:10am
added small short on ANZ 0134 sl ​0145
If you are new to Forex? Say Goodbye to your account!!
  • #981,237
  • Apr 15, 2015 5:10am Apr 15, 2015 5:10am
Quoting Atihun
{quote} looking at this atm... {image}
you noticed it too? yes we missed the 563...
Attached Image (click to enlarge)
Click to Enlarge Name: QQ SHORTS EVERYWHERE....jpg Size: 225 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #981,238
  • Apr 15, 2015 5:13am Apr 15, 2015 5:13am
Quoting dreamt1me
{quote} Why you brag? All what Mr Tyrant wants to say.. it is not "smart" to trade against trend. And I agree with him.

I was criticised and I'm not bragging, just counter posting when somoene's trying to criticise a good and obvious signal.
  • #981,239
  • Apr 15, 2015 5:17am Apr 15, 2015 5:17am
Why do people keep fighting this thing? It made perfect sense for the MM's to use weaker than expected US data to run E/U up so they could stop out weak shorts and trap more longs. When, if you actually look at the numbers, they were good...just a little behind the inflated expected. Draghi will most likely be dovish this morning and keep pushing this baby to the downside. Still holding out for at least 1.0450
Don't trade the noise
  • #981,240
  • Apr 15, 2015 5:25am Apr 15, 2015 5:25am
I don't remember an ECB meeting on wednesday ? Its usually on thursday... How come ?

Is Draghi leaving on vacation tonight with all the money he stole from bulls ?
COT: The precious data ignored
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