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  • #992,941
  • May 25, 2015 6:03pm May 25, 2015 6:03pm
Quoting NoobBg
As i say couple a days ago "I take long.Sell 1.14421 target 1.0387".Someone call me crazy when i did this move but.We live in in the bad times.Greece,UK,Ukraine,Middle East and so much factor who influence the price.We live now in the world who nobody know what's next.
Apparently no one but you did
It takes a lot for me to IGNORE you, but you can try.
  • #992,942
  • May 25, 2015 6:08pm May 25, 2015 6:08pm
what we need are some circles.... where are you.... i can see one, yes and ive drawn some on
  • #992,943
  • May 25, 2015 6:11pm May 25, 2015 6:11pm
Holding shorts from 1.129, 1.119, 1.1165, 1.1130, and will continue holding until something changes.

Yesterday may as well have not happened, will keep an eye out today.
  • #992,944
  • May 25, 2015 7:00pm May 25, 2015 7:00pm
can anyone confirm that yesterdays gap is still in place?
  • #992,945
  • May 25, 2015 7:10pm May 25, 2015 7:10pm
Quoting deylon
{quote} the question is will the price go up or down?
daily chart, heiken ashi... this will tell you which way
  • #992,946
  • May 25, 2015 7:33pm May 25, 2015 7:33pm
Euro Drops on Spain Election Outcome, Yen Down After Trade Data
http://www.dailyfx.com/forex/fundame...rade-Data.html
  • #992,947
  • May 25, 2015 7:34pm May 25, 2015 7:34pm
all what i do .... is waiting the usd to become weak ..... please do it now .....
  • #992,948
  • May 25, 2015 7:47pm May 25, 2015 7:47pm
Quoting TroJan
all what i do .... is waiting the usd to become weak ..... please do it now .....
thats the wrong way to go... hugely important 1.1000 is broken... if it held above that i would have belived, but now i dont
  • #992,949
  • May 25, 2015 7:50pm May 25, 2015 7:50pm
Quoting mkvy
{quote} thats the wrong way to go... hugely important 1.1000 is broken... if it held above that i would have belived, but now i dont
Agree.

Although I do think that it might consolidate a little under the 1.10 level (as I'm typing it's dropping like a stone, but it's the Asian session so I take that with a grain of salt usually).
  • #992,950
  • May 25, 2015 7:50pm May 25, 2015 7:50pm
Like I said a few pages ago, strange everyone is longing this, there was not a single economical sign for that to happen. EUR totally weak, USD strong. This is NOT a bullish setup guys LOL You need to get back to the drawing board. +170 pips on my EU short, +70 on EJ short so far
  • #992,951
  • May 25, 2015 7:52pm May 25, 2015 7:52pm
Quoting geektrader
Strange everyone is longing this, there was not a single economical sign for that to happen. EUR totally weak, USD strong. This is NOT a bullish setup guys LOL You need to get back to the drawing board.
Often to create liquidity MM dump opposite direction hit stops create liquidity then go long.
Not sure if this is the case but it happens a lot.

Yellen had to open her mouth bubble nonsense drive the market up then have her stooges talk down

http://www.reuters.com/article/2015/...0OA17U20150525
Fed's Fischer: Too much weight placed on Fed's first rate hike
In trading, you have to be defensive and aggressive at the same time
  • #992,952
  • May 25, 2015 7:53pm May 25, 2015 7:53pm
the same traders making the same mistakes again and again and again..like a catch 22 situation
  • #992,953
  • May 25, 2015 7:56pm May 25, 2015 7:56pm
Quoting Davit
{quote} Often to create liquidity MM dump opposite direction hit stops create liquidity then go long. Not sure if this is the case but it happens a lot. Yellen had to open her mouth bubble nonsense drive the market up then have her stooges talk down http://www.reuters.com/article/2015/...0OA17U20150525 Fed's Fischer: Too much weight placed on Fed's first rate hike
yes, i agree... they like to play poker in Tokyo.. like a game of fake moves... but you need a strategy that ignores the fake reverberations of each trading time zone... which aint easy when London starts its gameplay
  • #992,954
  • May 25, 2015 7:59pm May 25, 2015 7:59pm
Quoting mkvy
{quote} yes, i agree... they like to play poker in Tokyo.. like a game of fake moves... but you need a strategy that ignores the fake reverberations of each trading time zone... which aint easy when London starts its gameplay
Exactly. Longs around 1.10 would have had their stops ran today.
  • #992,955
  • May 25, 2015 8:01pm May 25, 2015 8:01pm
Quoting mkvy
{quote} yes, i agree... they like to play poker in Tokyo.. like a game of fake moves... but you need a strategy that ignores the fake reverberations of each trading time zone... which aint easy when London starts its gameplay
I am long on EG based on weekly chart its going up.By 4th June we may get a rocket up once Greeks capitulate.
In trading, you have to be defensive and aggressive at the same time
  • #992,956
  • May 25, 2015 8:02pm May 25, 2015 8:02pm
Quoting mkvy
happy trading this week folks, hope we can all do well {image}
umm
  • #992,957
  • May 25, 2015 8:04pm May 25, 2015 8:04pm
Forget it, has nothing to do with Yellen, same happening for EURJPY. Sure USD strength support things a bit, but EURO is just messed up. Greece announced that their debtors must bear with them as they canīt pay the next rates as it looks now, additionally Draghi said on the weekend that EURO long term could fall apart because of the differences between the EU countries. Then there was this leak also during the weekend that shows that Britain is having an analysis on effects if theyīd opt out of the EU. Sure they have the GBP, not EURO, but it would de-stabilize the EU as a whole and hence the EURO too. EURO is as fucked up as it can get, this is NOT going to move up anytime soon, letīs just forget that idea
  • #992,958
  • May 25, 2015 8:06pm May 25, 2015 8:06pm
Quoting Davit
{quote} I am long on EG based on weekly chart its going up.By 4th June we may get a rocket up once Greeks capitulate.
i am prepared if this happens with a pending buy at 1.1211, 'just in case' it bursts above the last impulsive drop
  • #992,959
  • May 25, 2015 8:06pm May 25, 2015 8:06pm
Quoting geektrader
Forget it, has nothing to do with Yellen, same happening for EURJPY. Sure USD strength support things a bit, but EURO is just messed up. Greece announced that their debtors must bear with them as they cant pay the next rates as it looks now, additionally Draghi said on the weekend that EURO long term could fall apart because of the differences between the EU countries. Then there was this leak also during the weekend that shows that Britain is having an analysis on effects if theyd opt out of the EU. Sure they have the GBP, not EURO, but it would...
All true however going Short on Euro is too easy.In trading that's proven fatal.
In trading, you have to be defensive and aggressive at the same time
  • #992,960
  • May 25, 2015 8:07pm May 25, 2015 8:07pm
Fatal +172 pips for me so far, yes And more fatal +70 pips on EURJPY

Also if you look at MyFxBook etc., you see that majority of retail traders is EURUSD long, that alone tells us its going down

Oh and no hard feelings, I am trailing these shorts via ATR Ratchet, so no hard feelings if it should go up again, I am out with good gains still and will buy afterwards to catch the next move... just go with the market, countering such a trend is never a good idea. ONLY if you like to catch falling knifes in real life too
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