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  • #982,601
  • Apr 18, 2015 3:53pm Apr 18, 2015 3:53pm
Looks Like we all agree for once that it going UP(Different Numbers, But close) & then DOWN
A good trader follows his rules, but great trader knows when to break them
  • #982,602
  • Apr 18, 2015 3:58pm Apr 18, 2015 3:58pm
Quoting ill_be_back
Looks Like we all agree for once that it going UP(Different Numbers, But close) & then DOWN
Asia/London up. NY down unless it opens lower.
Intraday only.
  • #982,603
  • Apr 18, 2015 4:09pm Apr 18, 2015 4:09pm
Quoting navk
{quote} Asia/London up. NY down unless it opens lower.
Most likely GAP UP
A good trader follows his rules, but great trader knows when to break them
  • #982,604
  • Apr 18, 2015 4:11pm Apr 18, 2015 4:11pm
Quoting ill_be_back
{quote} Most likely GAP UP
Correct. Gap up then pulling back to around 1.0760 then up to 1.09 early Monday morning.
  • #982,605
  • Apr 18, 2015 4:16pm Apr 18, 2015 4:16pm
Quoting rafat habeb
{quote} Try same idea with longer TF ,maybe 1day 1w But ,thats really impressive job you did already and convincing
Thanks. I did but posted just the relevant short term implications.
  • #982,606
  • Apr 18, 2015 4:20pm Apr 18, 2015 4:20pm
Quoting rafat habeb
{quote} Try same idea with longer TF ,maybe 1day 1w But ,thats really impressive job you did already and convincing
Just takes me every time about 5-7 hours to get it right. Can't seem to find this time during the week which has affected my trading a lot =(
  • #982,607
  • Apr 18, 2015 4:49pm Apr 18, 2015 4:49pm
Quoting Forexpcb
{quote} Correct. Gap up then pulling back to around 1.0760 then up to 1.09 early Monday morning.
If it is gap up, then most likely close the gap and up further.However NY in opposite direction. This is likely scenario. Let us see what it does.
Intraday only.
  • #982,608
  • Apr 18, 2015 4:51pm Apr 18, 2015 4:51pm
Quoting Forexpcb
{quote} Correct. Gap up then pulling back to around 1.0760 then up to 1.09 early Monday morning.
I Dont think it will pull back, Straight UP
A good trader follows his rules, but great trader knows when to break them
  • #982,609
  • Apr 18, 2015 5:29pm Apr 18, 2015 5:29pm
Quoting ill_be_back
{quote} I Dont think it will pull back, Straight UP
Do you want to buy at market open price and crazy spread?
Fix up, trade sharp ...
  • #982,610
  • Edited 6:10pm Apr 18, 2015 5:54pm | Edited 6:10pm
Quoting edyraper
what do you think guys : mario Draghi said : It is pointless to go short on euro what is he going to tell us ?

As a head of ECB he's saying Euro will be staying, without the euro he's out of job
  • #982,611
  • Apr 18, 2015 6:14pm Apr 18, 2015 6:14pm
Quoting Hickson
{quote} Do you want to buy at market open price and crazy spread?
It settles down in 30 to 45 mins.
Intraday only.
  • #982,612
  • Apr 18, 2015 7:22pm Apr 18, 2015 7:22pm
Quoting CoolJL
{quote} As a head of ECB he's saying Euro will be staying, without the euro he's out of job
I always wonder if when one of these guys says something like this, that it doesn't risk having exactly the opposite effect they were hoping. (Sorta like Nixon's "I am not a crook.")
  • #982,613
  • Apr 18, 2015 7:50pm Apr 18, 2015 7:50pm
Quoting edyraper
what do you think guys : mario Draghi said : It is pointless to go short on euro what is he going to tell us ?
Trade your method the way it is.
The Thief of Wall Street
  • #982,614
  • Apr 18, 2015 9:55pm Apr 18, 2015 9:55pm
If you long EUR, you need to be careful about losing a fortune by aiming to get small money. Remember when CHF soared against all major currencies? A lot of people lost a fortune at that time.
  • #982,615
  • Apr 18, 2015 11:13pm Apr 18, 2015 11:13pm
German DAX Down 5.5 Percent For The Week: Warning Sign?
https://www.seeitmarket.com/german-d...ng-sign-14286/
  • #982,616
  • Apr 18, 2015 11:38pm Apr 18, 2015 11:38pm
So many numbers been thrown around the past week or so where support/resistance is concerned, I've completely lost track of what's what. Anyway, I'm trying to figure out if there's some kind of consensus on where price is most likely to find support IF it starts to move lower tomorrow (ignoring anything dramatic that could cause it to drop off a cliff, of course). I'm mainly concerned with numbers between .0800 and .0700
  • #982,617
  • Apr 18, 2015 11:52pm Apr 18, 2015 11:52pm
Quoting Ratmach
So many numbers been thrown around the past week or so where support/resistance is concerned, I've completely lost track of what's what. Anyway, I'm trying to figure out if there's some kind of consensus on where price is most likely to find support IF it starts to move lower tomorrow (ignoring anything dramatic that could cause it to drop off a cliff, of course). I'm mainly concerned with numbers between .0800 and .0700
It can be inferred from your range that you are short biased. You mentioned between 1.0800 and 1.0700, that is, from top to down. No surprise, looking at 1H chart one can be short biased. However your range is a little narrow.

I don't know where will it find support/resistance, but it is probable that when market opens, it moves up to 1.0850 (or probably little above that) and then in a couple of days it moves down to 1.0680. After hitting 1.0680, it may bounce and then heads towards 1.0500 where pending longs may be waiting for tp target of 1.1000/1.1500.

If this happens, many eurusd thread visitors and subscribers will make millions of dollars like they often do.
The Thief of Wall Street
  • #982,618
  • Apr 19, 2015 12:14am Apr 19, 2015 12:14am
Quoting Chicky
It can be inferred from your range that you are short biased. You mentioned between 1.0800 and 1.0700, that is, from top to down.
Yeah, I guess I wasn't quite subtle enough with my question... definitely still thinking short. And thanks, your answer helps.

Quoting Chicky
If this happens, many eurusd thread visitors and subscribers will make millions of dollars like they often do.
Yay! Within a week or two I'll finally reach my first million! (Not sure why it's taken so long up till now, seeing how I've already been doing this for a few months.)
  • #982,619
  • Apr 19, 2015 12:17am Apr 19, 2015 12:17am
Quoting Ratmach
{quote} Yeah, I guess I wasn't quite subtle enough with my question... definitely still thinking short. And thanks, your answer helps. {quote} Yay! Within a week or two I'll finally reach my first million! (Not sure why it's taken so long up till now, seeing how I've already been doing this for a few months.)
Me too got very close to making a million from forex but took a wrong trade when I was just 999,990 short of my first million. Then I found this thread and ever since living happily ever after*




*sorry for my grammar, but it feels better this way
The Thief of Wall Street
  • #982,620
  • Apr 19, 2015 12:34am Apr 19, 2015 12:34am
Quoting Chicky
{quote} Me too got very close to making a million from forex but took a wrong trade when I was just 999,990 short of my first million. Then I found this thread and ever since living happily ever after* *sorry for my grammar, but it feels better this way
Ah, that thread... brilliant! Should have known that it would be the great Merlin to discover the ANSWER to all this! I shall now switch strategies (and quit taking only trades that have the number 42 in them.)
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