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  • #1,005,401
  • Jun 29, 2015 8:31am Jun 29, 2015 8:31am
Quoting MissPips
{quote} Been watching for those. From what I can see the safe entry is after the third pin, scalp long/short a break of the closes area up to the top of the pins, take of part and see how the rest does from there. And there she goes...
I concur. Some only last two pins though. Same principle though...the issue is the RR is roughly 1:1 though...if you put a stop below the previous pin...but if it's a 3 or a 4 pin you may get stopped only to reverse your direction....falling for the ftitctaj x2
  • #1,005,402
  • Jun 29, 2015 8:33am Jun 29, 2015 8:33am
Quoting sisse
{quote} It means that they need to pull themselves together and stop playing politics and blaming everyone else for the criminal macroeconomic mismanagement of their country. Paraphrasing the 12 AA steps thats what I mean as first stage: We admitted we were powerless over [debt] - that our lives had become unmanageable. Came to believe that a [fiscal responsibility] could restore us to sanity. Made a decision to turn our will and our [economy] .... Made a searching and fearless moral inventory of ourselves. Admitted to our [our neighbours], to ourselves...
this is good stuff....perhaps you should go to Greece and run?
  • #1,005,403
  • Jun 29, 2015 8:37am Jun 29, 2015 8:37am
Quoting MissPips
{quote} Check out UCAD H1 FEITCTAJ
Hi, what is a FEITCTAJ, please ?
  • #1,005,404
  • Jun 29, 2015 8:37am Jun 29, 2015 8:37am
Quoting Feo
{quote} Last week I mentioned EurUsd still has to touch 1.1250 after it had dropped below. EurUsd will drop to 1.1086 today then tomorrow be back here at 1.1116 which you can buy up to 1.12520
If it goes below 1086....is the rest invalidated?
  • #1,005,405
  • Jun 29, 2015 8:38am Jun 29, 2015 8:38am
Quoting verified
{quote} Hi, what is a FEITCTAJ, please ?
http://www.forexfactory.com/showthre...84#post8315884

complete with graphic
  • #1,005,406
  • Jun 29, 2015 8:39am Jun 29, 2015 8:39am
Greeks need to learn really quickly that in order to get paid you have to actually work. Not retire, when you are 40 years old and get paid benefits all the time.
Their whole concept of statesmanship for many years is based on laziness, aid form EU and mutated communism, where almost no one actually works.
  • #1,005,407
  • Jun 29, 2015 8:41am Jun 29, 2015 8:41am
Quoting Pharm0r
{quote} http://www.forexfactory.com/showthre...84#post8315884 complete with graphic
Thank you !
  • #1,005,408
  • Jun 29, 2015 8:49am Jun 29, 2015 8:49am
Quoting GoldenCaviar
Greeks need to learn really quickly that in order to get paid you have to actually work. Not retire, when you are 40 years old and get paid benefits all the time. Their whole concept of statesmanship for many years is based on laziness, aid form EU and mutated communism, where almost no one actually works.
That might surprise you but Bulgaria is not in that list
Attached Image (click to enlarge)
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  • #1,005,409
  • Jun 29, 2015 8:50am Jun 29, 2015 8:50am
Quoting Pharm0r
{quote} I concur. Some only last two pins though. Same principle though...the issue is the RR is roughly 1:1 though...if you put a stop below the previous pin...but if it's a 3 or a 4 pin you may get stopped only to reverse your direction....falling for the ftitctaj x2
I think it's better if you wait to see that third candle. Because after the second candle (which is a red pin) price 'should'
have gone down. And when it doesn't do something that it 'should' do, then you should watch for
it to do the opposite. Also helps if you can see some favorable patterns on the lower tf . (This one had a very
nice engulfing bar making a divergent low that was bouncing of the pivot and the low of the Asian opening range.)
  • #1,005,410
  • Jun 29, 2015 8:52am Jun 29, 2015 8:52am
Quoting MissPips
{quote} I think it's better if you wait to see that third candle. Because after the second candle (which is a red pin) price 'should' have gone down. And when it doesn't do something that it 'should' do, then you should watch for it to do the opposite. Also helps if you can see some favorable patterns on the lower tf . (This one had a very nice engulfing bar making a divergent low that was bouncing of the pivot and the low of the Asian opening range.)
Perhaps the lower timeframes offer the trade signal once you've seen the 2nd and or third bar, reducing RR, allowing you to get in lower instead of the middle of the pins

not sure if it would have helped in the ucad case
  • #1,005,411
  • Jun 29, 2015 9:02am Jun 29, 2015 9:02am
I get the impression sthing about to happen and up or down it's going to be brutal
Practitioner of the cryptic trading arts
  • #1,005,412
  • Jun 29, 2015 9:07am Jun 29, 2015 9:07am
Last pending at the UM triggered....lets see where NY takes us
  • #1,005,413
  • Jun 29, 2015 9:09am Jun 29, 2015 9:09am
Quoting Pharm0r
Last pending at the UM triggered....lets see where NY takes us
Same.. s@1155 sl 1164
Peace Yo!
  • #1,005,414
  • Jun 29, 2015 9:10am Jun 29, 2015 9:10am
Quoting mrluckystar
{quote} Same.. s@1155 sl 1164
there's a M15 trendline top a few pips above 1164- may be worth looking at for a little more buffer

M5 says it was a good trade. We'll see. It's no secret SNB is propping EU right now
  • #1,005,415
  • Jun 29, 2015 9:11am Jun 29, 2015 9:11am
close gap and pull back
  • #1,005,416
  • Jun 29, 2015 9:11am Jun 29, 2015 9:11am
Quoting Pharm0r
{quote} there's a M15 trendline top a few pips above 1164- may be worth looking at for a little more buffer
Got at upper mofu on H4 fibo...
Peace Yo!
  • #1,005,417
  • Jun 29, 2015 9:11am Jun 29, 2015 9:11am
1.1180
  • #1,005,418
  • Jun 29, 2015 9:12am Jun 29, 2015 9:12am
Quoting Pharm0r
{quote} there's a M15 trendline top a few pips above 1164- may be worth looking at for a little more buffer M5 says it was a good trade. We'll see
Yeah... pinbar form at m5..
Peace Yo!
  • #1,005,419
  • Jun 29, 2015 9:13am Jun 29, 2015 9:13am
Quoting Ken A
1.1180
shut it you!
  • #1,005,420
  • Jun 29, 2015 9:13am Jun 29, 2015 9:13am
since the gap is just closed now, should we expect a 38% or 50% retrace to today's low ?
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