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EURUSD

  • #1,008,621
  • Jul 9, 2015 12:42pm Jul 9, 2015 12:42pm
Taking my last risk to defend my long.
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  • #1,008,622
  • Jul 9, 2015 12:43pm Jul 9, 2015 12:43pm
Quoting Magicmen
Taking my last risk to defend my long. {image}
Greetings from Singapore
Luck shines on the positive.
  • #1,008,623
  • Jul 9, 2015 12:44pm Jul 9, 2015 12:44pm
Quoting fxjesus
Below 1.106 lies a tarp... lots of bears got tarpped last time it went down, opening short and then getting sudden run up is how it works. Misspelt so you remember.
Again bears getting trapped.. That or I am seriously wrong about where this is headed. Market makers got surprised their pants down judging from the change in price action. Now they're putting up a show until enough bears are trapped to move this north I think.

The reason here is there is a crapload of people wanting to buy/cover below, so market makers are selling into the lows thinking it is headed lower so they make profit. Then there's some green spike (... hard to say who is buying and selling in such) and they get all "o sh1t" and now try to lure in bears by putting up a loot of red candles.
  • #1,008,624
  • Edited 1:02pm Jul 9, 2015 12:50pm | Edited 1:02pm
Quoting YvetteTeo
{quote} Greetings from Singapore
Helloooo Bro...

Edit: My apologies calling you Bro
  • #1,008,625
  • Jul 9, 2015 12:52pm Jul 9, 2015 12:52pm
Quoting fxjesus
{quote} Again bears getting trapped.. That or I am seriously wrong about where this is headed. Market makers got surprised their pants down judging from the change in price action. Now they're putting up a show until enough bears are trapped to move this north I think. The reason here is there is a crapload of people wanting to buy/cover below, so market makers are selling into the lows thinking it is headed lower so they make profit. Then there's some massive buying spike (possibly stops executing below & then above the price) and they get all...
Or it is simply precarious situation of Greece and how dire the situation is.
If situation goes unresolved we may get another gap down...next week
Given everything that has happened it is remarkable that Euro is not at 102-103.This also may have something to do with underlining weakness of US economy despite of bogus numbers market knows Feds are far from raising IR in 2015
In trading, you have to be defensive and aggressive at the same time
  • #1,008,626
  • Jul 9, 2015 12:55pm Jul 9, 2015 12:55pm
Quoting Magicmen
{quote} Helloooo Bro...
Not a sis?
  • #1,008,627
  • Jul 9, 2015 12:56pm Jul 9, 2015 12:56pm
Quoting AkMaLiTo
maybe {image}
15 more pips EU! don't reverse now :@
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  • #1,008,628
  • Jul 9, 2015 12:59pm Jul 9, 2015 12:59pm
Quoting Davit
{quote} Or it is simply precarious situation of Greece and how dire the situation is. If situation goes unresolved we may get another gap down...next week Given everything that has happened it is remarkable that Euro is not at 102-103.This also may have something to do with underlining weakness of US economy despite of bogus numbers market knows Feds are far from raising IR in 2015
Quoting Tom_D_Trader
Pretty much agree on the bang for the buck on Eur, as I still think it is very much undervaluated due to this January doublecombo, namely SNB peg+ECB QE. Once doublecombo shock finished, Eur had no time to wake up as Greece mess was again on the table. ....
Cmon Greece, this is nuts.
"I know one thing, that I know nothing." Sokrates
  • #1,008,629
  • Jul 9, 2015 1:00pm Jul 9, 2015 1:00pm
If you want some easy pips...check USDCAD....if I'm right target 1,2820/1,2834
  • #1,008,630
  • Jul 9, 2015 1:01pm Jul 9, 2015 1:01pm
Quoting AkMaLiTo
{quote} 15 more pips EU! don't reverse now :@ {image}
1034 -1036 missed for sell
target 1078 - 1074 target
  • #1,008,631
  • Jul 9, 2015 1:01pm Jul 9, 2015 1:01pm
Quoting Ken A
{quote} Not a sis?
Ooops.....You are right
  • #1,008,632
  • Jul 9, 2015 1:01pm Jul 9, 2015 1:01pm
http://prntscr.com/7qrpdr

EU sell trend resume ?
  • #1,008,633
  • Jul 9, 2015 1:02pm Jul 9, 2015 1:02pm
Quoting SuperMario21
If you want some easy pips...check USDCAD....if I'm right target 1,2820/1,2834
You might be right!
That is D1 chart.
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We watch the charts from every angle so you don't have to!!
  • #1,008,634
  • Jul 9, 2015 1:03pm Jul 9, 2015 1:03pm
Quoting fxjesus
{quote} Again bears getting trapped.. That or I am seriously wrong about where this is headed. Market makers got surprised their pants down judging from the change in price action. Now they're putting up a show until enough bears are trapped to move this north I think. The reason here is there is a crapload of people wanting to buy/cover below, so market makers are selling into the lows thinking it is headed lower so they make profit. Then there's some green spike (... hard to say who is buying and selling in such) and they get all "o sh1t" and...
sounds like you're fitting the market to what you want it to be.....sounds like you have an underwater long...

market makers do exactly what their name states. They are the ones who knock...not the other way around

Inserted Video
  • #1,008,635
  • Jul 9, 2015 1:04pm Jul 9, 2015 1:04pm
EUR/USD surprisingly climbed more than 100 pips and again rebounds back to 1.1000 support/resistance level of 1.1000 is holding the price.
  • #1,008,636
  • Jul 9, 2015 1:04pm Jul 9, 2015 1:04pm
Quoting pedro319
{quote} You might be right! That is D1 chart. {image}

Thanks
Nice chart!
  • #1,008,637
  • Jul 9, 2015 1:04pm Jul 9, 2015 1:04pm
Quoting Magicmen
{quote} Ooops.....You are right
Depends on who's at the computer. Bro for now. Lol.
Luck shines on the positive.
  • #1,008,638
  • Jul 9, 2015 1:07pm Jul 9, 2015 1:07pm
Quoting Pharm0r
{quote} sounds like you're fitting the market to what you want it to be.....sounds like you have an underwater long... market makers do exactly what their name states.
Well actually now that I looked, that big green candle happened exactly on the hour.. I don't see any news at that time though.
  • #1,008,639
  • Jul 9, 2015 1:08pm Jul 9, 2015 1:08pm
Quoting SuperMario21
{quote} Thanks Nice chart!
Oil has hit strong support so good odds.
We watch the charts from every angle so you don't have to!!
  • #1,008,640
  • Jul 9, 2015 1:08pm Jul 9, 2015 1:08pm
Quoting egkid
{quote} 1034 -1036 missed for sell target 1078 - 1074 target
yes it really looks like EU is heading to the trend support created on 13/Mar & 13/Apr points...
I just wanted to get a fast in/out long at the rising wedge target, but missed by a few
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