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  • #991,861
  • May 21, 2015 7:59am May 21, 2015 7:59am
Quoting TataFara
And .........the bear trap begins
the larger was the bull trap at 1401/1453 ish. u may be right on a smaller tf.. we may go to 126x or higher.. on a larger tf it still has has lots of room to drop and just ignore 126x.// its moved already 100 pips today..its under 1126 with 4h close.. we still can test the low
those who can, do. those who cant, talk about those who can
  • #991,862
  • May 21, 2015 8:01am May 21, 2015 8:01am
Quoting TTFXHammer
{quote} Don't be too sure about that...BB's just spent some money to send a message to all the professional guys. If this hourly closes below 1.1120, it will confirm. Only thing to change it would be crappy US data coming out at in an hour. By the way, I'm speaking in terms of an intraday basis...all I care about when I'm trading is the next 24 hours

London session was bullish, us data so far mixed, tomorrow expected lower inflation. Ny open with high price, bulls needed it to go lower before buying.
  • #991,863
  • May 21, 2015 8:03am May 21, 2015 8:03am
Quoting ill_be_back
Pending SHORT Gj 190.150
cancelled
A good trader follows his rules, but great trader knows when to break them
  • #991,864
  • May 21, 2015 8:04am May 21, 2015 8:04am
Anyone else scalp a long here on EUR/USD?
  • #991,865
  • May 21, 2015 8:05am May 21, 2015 8:05am
Quoting Ken A
{quote} Be prepared UJ to 122.x - this can drive GJ higher Positive Unemployment claim and GU positive data Home sales make or break or I got S/O {image}
http://www.forexfactory.com/showthre...89#post8201589

that was the strong bottom and now we may be building a weekly double top,trend is still strong up agreed, pump and dump would be typical market asraping, may be time for flip flop, ride north has been kind but nerve racking my 2cent is P&D cable may give clues if she starts weakening
If you are new to Forex? Say Goodbye to your account!!
  • #991,866
  • May 21, 2015 8:05am May 21, 2015 8:05am
Quoting gatorinla
{quote} the larger was the bull trap at 1401/1453 ish. u may be right on a smaller tf.. we may go to 126x or higher.. on a larger tf it still has has lots of room to drop and just ignore 126x.
I might be wrong, but remember on higher tf we set near big support, even if euro is heavy, R: R is not good for shorting. We need to visit 1.1260 in all cases.
  • #991,867
  • May 21, 2015 8:05am May 21, 2015 8:05am
Quoting Topat
Anyone else scalp a long here on EUR/USD?
only on demo
  • #991,868
  • May 21, 2015 8:08am May 21, 2015 8:08am
Any chance we hit 1.101 today?
  • #991,869
  • May 21, 2015 8:11am May 21, 2015 8:11am
Quoting KiwiTrada
{quote} http://www.forexfactory.com/showthre...89#post8201589 that was the strong bottom and now we may be building a weekly double top,trend is still strong up agreed, pump and dump would be typical market asraping, may be time for flip flop, ride north has been kind but nerve racking my 2cent is P&D cable may give clues if she starts weakening
I already closed all from 175.xx seeing it topping at Weekly

From now looking to short hold mid term
  • #991,870
  • May 21, 2015 8:15am May 21, 2015 8:15am
Quoting TataFara
{quote} London session was bullish, us data so far mixed, tomorrow expected lower inflation. Ny open with high price, bulls needed it to go lower before buying.
London is still open,
those who can, do. those who cant, talk about those who can
  • #991,871
  • May 21, 2015 8:15am May 21, 2015 8:15am
Quoting Ken A
{quote} I already closed all from 175.xx seeing it topping at Weekly From now looking to short hold mid term
yep still a little early but agree airs getting a little thin, , staying with 187 20 as my marker, get and hold below and will flip then the "may" thing could kick in a fukup everything
If you are new to Forex? Say Goodbye to your account!!
  • #991,872
  • May 21, 2015 8:20am May 21, 2015 8:20am
Quoting TataFara
{quote} I might be wrong, but remember on higher tf we set near big support, even if euro is heavy, R: R is not good for shorting. We need to visit 1.1260 in all cases.
agree, fresh trades have to taken in scalp mood with r/r in mind..or wait till a bounce that may not happen.. because it can still go to 1264 + off month low bounce (106x)
those who can, do. those who cant, talk about those who can
  • #991,873
  • May 21, 2015 8:30am May 21, 2015 8:30am
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  • #991,874
  • May 21, 2015 8:35am May 21, 2015 8:35am
Quoting TataFara
{quote} I might be wrong, but remember on higher tf we set near big support, even if euro is heavy, R: R is not good for shorting. We need to visit 1.1260 in all cases.
i see a small st setup that probably needs 1103 (1103/1061) for 1227.. it hasn't got to 1103 yet.. its st and st lies.. maybe closer to 1061 it may be worth a shot if one has a bullish bias..and at 1227, 1264 should happen.. just speculation with r/r decent near 1062..its not a trade recommendation..low as i type at 1108
those who can, do. those who cant, talk about those who can
  • #991,875
  • May 21, 2015 8:41am May 21, 2015 8:41am
Quoting demonarn
{quote} only on demo
i really want to long now, just for a 50 pips
  • #991,876
  • May 21, 2015 8:41am May 21, 2015 8:41am
Quoting Ken A
{quote} Be prepared UJ to 122.x - this can drive GJ higher Positive Unemployment claim and GU positive data Home sales make or break or I got S/O {image}
May hasn't been a positive month for home sales since at least 2009 from what I checked. Only one good month this year so far at all. Not holding my breath.

In fact- home sales & consumer whatever was the only good news for US since the FOMC before yesterdays. A bad print and it's just another nail for rate hikes 2016..
  • #991,877
  • May 21, 2015 8:42am May 21, 2015 8:42am
Quoting fxtyrant
{quote} might reshort eurusd if I pulls up. ill keep you updated. cant always be in the market... need patience let market come to you instead of you chasing after it.
Cool
  • #991,878
  • May 21, 2015 8:43am May 21, 2015 8:43am
Quoting KiwiTrada
{quote} yep still a little early but agree airs getting a little thin, , staying with 187 20 as my marker, get and hold below and will flip then the "may" thing could kick in a fukup everything
This could be it - new high

Attached Image


Quoting Pharm0r
{quote} May hasn't been a positive month for home sales since at least 2009 from what I checked. Only one good month this year so far at all. Not holding my breath. In fact- home sales & consumer whatever was the only good news for US since the FOMC before yesterdays. A bad print and it's just another nail for rate hikes 2016..
Check GJ - just make a HH

Chance of good pips is higher
  • #991,879
  • May 21, 2015 8:47am May 21, 2015 8:47am
Quoting tenchu2psx
{quote} i really want to long now, just for a 50 pips
exited at b/e
  • #991,880
  • May 21, 2015 8:49am May 21, 2015 8:49am
EUR/USD failed to break below the support at 1.1050 and moved to the upside again, but the shooting star candlestick in the four hour filter chart is an indication that the pair will likely attempt to test that support again soon.
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