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  • #992,961
  • May 25, 2015 8:18pm May 25, 2015 8:18pm
even most traders saying that it will be down ....
most of the evidence saying that it will go down ....
so many ones told me that it will go down ...

but i'm still LONG ...

all this moves from the market open till now is a fake moves ..... the real moves will soon be seen ....
  • #992,962
  • May 25, 2015 8:19pm May 25, 2015 8:19pm
Quoting geektrader
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
Congrats for +pips

Majority retail at Oanda is short almost 60%
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In trading, you have to be defensive and aggressive at the same time
  • #992,963
  • May 25, 2015 8:20pm May 25, 2015 8:20pm
Quoting TroJan
even most traders saying that it will be down .... most of the evidence saying that it will go down .... so many ones told me that it will go down ... but i'm still LONG ... all this moves from the market open till now is a fake moves ..... the real moves will soon be seen ....
But why are you long?

I really can't see a reason, and I'd like to find one
  • #992,964
  • May 25, 2015 8:20pm May 25, 2015 8:20pm
Quoting TroJan
even most traders saying that it will be down .... most of the evidence saying that it will go down .... so many ones told me that it will go down ... but i'm still LONG ... all this moves from the market open till now is a fake moves ..... the real moves will soon be seen ....
Yes, to 1.08XX

@David: ah OK! I just use MyFxBook and always go opposite to what the majority does there and that always works. Oanda might just be smarter traders then!
  • #992,965
  • May 25, 2015 8:21pm May 25, 2015 8:21pm
Quoting scottik187
{quote} But why are you long? I really can't see a reason, and I'd like to find one
Its those people that marry their trades and hold them until margin call because they hate to be wrong. And donīt forget: we need such people to make pips, as we need someone to buy our sells!
  • #992,966
  • May 25, 2015 8:24pm May 25, 2015 8:24pm
Quoting scottik187
{quote} But why are you long? I really can't see a reason, and I'd like to find one
the pair was pushed down a lot .... any new data will affect as next :
usd news ---- expected to be good went a bet bad will push it strongly up ....
eur news --- expected to be bad and it came bad ... what is new??? will push it down but weaker than any up moves ....

the big boys did not decide yet to go down or to go up .... any up move they will get there earnings and the others will help it to go up more ....
  • #992,967
  • May 25, 2015 8:26pm May 25, 2015 8:26pm
Quoting geektrader
{quote} Its those people that marry their trades and hold them until margin call because they hate to be wrong. And dont forget: we need such people to make pips, as we need someone to buy our sells!
those whom buy your sells maybe gain from your losses .... who know ???
  • #992,968
  • May 25, 2015 8:28pm May 25, 2015 8:28pm
remember:

next 4h candle will close up side ....
  • #992,969
  • May 25, 2015 8:28pm May 25, 2015 8:28pm
Quoting TroJan
{quote} the pair was pushed down a lot .... any new data will affect as next : usd news ---- expected to be good went a bet bad will push it strongly up .... eur news --- expected to be bad and it came bad ... what is new??? will push it down but weaker than any up moves .... the big boys did not decide yet to go down or to go up .... any up move they will get there earnings and the others will help it to go up more ....
I see your point, maybe a buy between now and 1.09 will get a pulback and some pips.

Long term I still see it falling further, thus I prefer to sell on retrace.
  • #992,970
  • May 25, 2015 8:28pm May 25, 2015 8:28pm
Quoting TroJan
{quote} the pair was pushed down a lot .... any new data will affect as next : usd news ---- expected to be good went a bet bad will push it strongly up .... eur news --- expected to be bad and it came bad ... what is new??? will push it down but weaker than any up moves .... the big boys did not decide yet to go down or to go up .... any up move they will get there earnings and the others will help it to go up more ....
2 impulsive legs down is more than enough information from the big boys... maybe try looking at a chart of longer timeframe than 1 minute
  • #992,971
  • May 25, 2015 8:30pm May 25, 2015 8:30pm
Quoting mkvy
{quote} 2 impulsive legs down is more than enough information from the big boys... maybe try looking at a chart of longer timeframe than 1 minute
i never use 1 min frame
  • #992,972
  • May 25, 2015 8:30pm May 25, 2015 8:30pm
Quoting TroJan
{quote} i never use 1 min frame
  • #992,973
  • May 25, 2015 8:32pm May 25, 2015 8:32pm
why short ? better is closing short / partial close and stay away ... or jump step by step into long . #imho
not euphoria follower
  • #992,974
  • May 25, 2015 8:32pm May 25, 2015 8:32pm
Let him do itīs thing, we need someone on the opposite side, donīt forget that. And you canīt educate everyone to make money from Forex.

So far up 12% the last 8 days TroJan, maybe pips from me next month for you
  • #992,975
  • May 25, 2015 8:32pm May 25, 2015 8:32pm
Look ...

i can see upon my own view that the long term move will be up ward ... it is all a matter of time to start its travel ....
  • #992,976
  • May 25, 2015 8:34pm May 25, 2015 8:34pm
Quoting TroJan
Look ... i can see upon my own view that the long term move will be up ward ... it is all a matter of time to start its travel ....
Haha, yes, long term it surely goes to 2.00... in the year 2022, with Deutsche Mark possibly. Meanwhile this thing will go bust until end of year, reaching parity - rest assured. I live in the EU and travel EU countries a lot, things here are as fucked up as it gets, there is no reason EUR will have ANY power at all the next months.
  • #992,977
  • May 25, 2015 8:34pm May 25, 2015 8:34pm
all these down moves are in fault and not in the normal direction ... when this condition will end the right trend will be drawn ...
  • #992,978
  • May 25, 2015 8:36pm May 25, 2015 8:36pm
anyone see that shallow trendline on the 2 dips in march 16th and april 13th... may see some bull action at about 1.0650... maybe a good Take profit area for a sell to reach? Just an idea
  • #992,979
  • May 25, 2015 8:37pm May 25, 2015 8:37pm
Quoting geektrader
Let him do its thing, we need someone on the opposite side, dont forget that. And you cant educate everyone to make money from Forex. So far up 12% the last 8 days TroJan, maybe pips from me next month for you
maybe pips from others will be for us all the time ... hope so ...
  • #992,980
  • May 25, 2015 8:40pm May 25, 2015 8:40pm
Quoting TroJan
all these down moves are in fault and not in the normal direction ... when this condition will end the right trend will be drawn ...
LOL, mate, you have to realize that the market is always right Regardless if you think this move is "invalid" or "should not happen".

Oh and what is a "normal direction" in Forex? You possibly confusing Forex with stocks??
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