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  • #1,002,981
  • Jun 20, 2015 1:20pm Jun 20, 2015 1:20pm
Quoting Rodeomancpt
{quote} Hi Micho Thanks, Life must be so full of colors,.. It makes it interesting.... But by colors is based on Moving Average, EMA and Resistance and Pivots,.. I scalp on every Pivot on the 1/5 min Time Frame.. I use my 1/4 Hr charts to establish the trend for the Day. I also trade with 3 Screens where one have a Currency Strength meter from 15m - 1 Day Strengths... I like to trade on News as Well and trade when the market Retrace... I this make Logic , and I only Trade part time.. I hope in the next 6-12 Months to go Full time..
i see! be careful scalping can be very dangerous and wipe out your account in one trade
so far so good, wish you good luck
When life gives you lemons, make lemonade
  • #1,002,982
  • Jun 20, 2015 3:09pm Jun 20, 2015 3:09pm
for next week i think euro/usd still up,
euro/usd will go to 1.14xx.
but it's just my analyst
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  • #1,002,983
  • Jun 20, 2015 3:13pm Jun 20, 2015 3:13pm
Quoting Rodeomancpt
The trend is still up... Important levels to Scalp for 10 - 15 Pips is 1.380 / 1.420 / ... Asian Session will be a good Range to trade with... Just my one cents for Technical Sentiments... {image} {image}


look at pound..

daily resistance
  • #1,002,984
  • Jun 20, 2015 3:20pm Jun 20, 2015 3:20pm
Quoting Nfp
{quote} look at pound.. daily resistance
yes, I expect a good short term set up to go short in GU.
Intraday only.
  • #1,002,985
  • Jun 20, 2015 4:05pm Jun 20, 2015 4:05pm
The next time somebody tells you (as a professional trader), "why don't you do something to make a difference in the world?", you simply tell them "without traders your boss wouldn't be able to pay you or the rest of his/her payroll". Or say you are not yet a professional but are young and have aspirations to be one, if your family tells you to "go to college", tell them college is the largest bubble of them all which will soon burst. Sure, they won't understand what you are talking about, but at least you will be right. Bottom line, do what you love to do, and realize you ARE making a massive difference. Without traders the world would be in financial anarchy.

Which reminds me, leverage is the greatest financial tool ever invented. Without leverage, we would be trading a $300 billion per day currency market, not a $6 trillion. And spreads on the EU would be 15-30 pips instead of 0.7 to 1.5 pips.
That shit pisses me off so much. "At least I make a difference" and they act all arrogant. Hah, if only the knew the true reality of the world we live in. Carry on traders. You (and your use of leverage) is what keeps the world going round and round.
Be hopeful in a winning position, and fearful in a losing position.
  • #1,002,986
  • Jun 20, 2015 4:10pm Jun 20, 2015 4:10pm
I also find it funny when people act like the futures market doesn't add to overall liquidity.

BUT BUT "the spot market is only $2trillion a day". As if futures trading doesn't affect the price at all.

Just laughable.
Be hopeful in a winning position, and fearful in a losing position.
  • #1,002,987
  • Jun 20, 2015 5:53pm Jun 20, 2015 5:53pm
Quoting navk
{quote} yes, I expect a good short term set up to go short in GU.
I am seeing a possible new HIGH before a BIG DOWN
A good trader follows his rules, but great trader knows when to break them
  • #1,002,988
  • Jun 20, 2015 5:58pm Jun 20, 2015 5:58pm
On Monday nothing matters except the meeting. FA and TA can be thrown out of the window until some sort of conclusion is reached. Personally, I would love to see the Greeks default. If Europe bends they'll send a signal to everyone saying: "Do whatever you want, we'll bail you out".
  • #1,002,989
  • Jun 20, 2015 6:02pm Jun 20, 2015 6:02pm
Quoting ill_be_back
{quote} I am seeing a possible new HIGH before a BIG DOWN
There are possible two level trades. It may rise to 1.6000 before falling or otherwise it will be down to 1.56xx then rise to 1.6000.

I am more inclined to down move first. Decision on Greek fate will pull down euro which pull down GU too.

The clue is small range daily candle ( 60 pips ) and closed at the daily open price on last Friday
Intraday only.
  • #1,002,990
  • Jun 20, 2015 6:11pm Jun 20, 2015 6:11pm
It is boring without market and trading.

Nothing more other than buying groceries, vegetables for home.
Intraday only.
  • #1,002,991
  • Jun 20, 2015 6:11pm Jun 20, 2015 6:11pm
Quoting navk
{quote} There are possible two level trades. It may rise to 1.6000 before falling or otherwise it will be down to 1.56xx then rise to 1.6000. I am more inclined to down move first. Decision on Greek fate will pull down euro which pull down GU too. The clue is small range daily candle ( 60 pips ) in GU on last Friday.
We have US Data Mon,
So I was thinking like Spike UP before that & then DOWN
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A good trader follows his rules, but great trader knows when to break them
  • #1,002,992
  • Jun 20, 2015 6:12pm Jun 20, 2015 6:12pm
Quoting ill_be_back
{quote} We have US Data Mon, So I was thinking like Spike UP before that & then DOWN {image}
More DOWN Tue
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A good trader follows his rules, but great trader knows when to break them
  • #1,002,993
  • Jun 20, 2015 6:14pm Jun 20, 2015 6:14pm
Quoting ill_be_back
{quote} We have US Data Mon, So I was thinking like Spike UP before that & then DOWN {image}
I do not know. But maximum, it may take out the stops above 1.5925. My 30 min system shows downward move could start. Let us see. I will not take a trade before confirmation though.
Intraday only.
  • #1,002,994
  • Jun 20, 2015 6:18pm Jun 20, 2015 6:18pm
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Intraday only.
  • #1,002,995
  • Jun 20, 2015 6:25pm Jun 20, 2015 6:25pm
For me, all MA'S should down in the chart + The confirmation in bottom window.
Intraday only.
  • #1,002,996
  • Jun 20, 2015 6:26pm Jun 20, 2015 6:26pm
For me, all MA'S should turn down in the chart + The confirmation in bottom window.

There are symptoms, the MA'S could turn down but the bottom window did not confirm.
Can you post your chart ?
Intraday only.
  • #1,002,997
  • Jun 20, 2015 6:59pm Jun 20, 2015 6:59pm
Quoting navk
For me, all MA'S should turn down in the chart + The confirmation in bottom window. There are symptoms, the MA'S could turn down but the bottom window did not confirm. Can you post your chart ?
Expecting something like this Mon except continue DOWN on Tue, Wed, Thu
GU Daily
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,002,998
  • Jun 20, 2015 7:24pm Jun 20, 2015 7:24pm
i wish the monthly close be bearish
  • #1,002,999
  • Jun 20, 2015 8:40pm Jun 20, 2015 8:40pm
Next sell take profit target should be 1.1250
  • #1,003,000
  • Jun 20, 2015 8:43pm Jun 20, 2015 8:43pm
Just so you know....about 80% of all millionaires have college degrees.

The number is roughly the same for billionaires.

Sure- college is stupid.

Soros, Buffet, S. Cohen and P. Jones have degrees. In fact- I don't think there is a top trader in the world that doesnt have one.
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