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EURUSD

  • #1,054,241
  • Feb 3, 2016 4:08pm Feb 3, 2016 4:08pm
sell eu 1115 TP 1080
  • #1,054,242
  • Feb 3, 2016 4:09pm Feb 3, 2016 4:09pm
Quoting ill_be_back
{quote} Got me a better entry, Out of 1st {image}
I am staying away from UCAD for a bit - its doing its own thing lately and I think it could very well keep dropping even if other U pairs all retrace decently
  • #1,054,243
  • Feb 3, 2016 4:12pm Feb 3, 2016 4:12pm
Quoting mister123
The sellers on E U have vanished into thin air today
that statement is incorrect and pointless, eu bears have been victorious since 2008, the last 13months she has traded east, both buyers and sellers have been in major battle, buyers and sellers are ALWAYS in the market, this forum is but a gnat on an elephants bum, not being harsh, just getting too many stupid remarks without purpose :nerd:
If you are new to Forex? Say Goodbye to your account!!
  • #1,054,244
  • Feb 3, 2016 4:15pm Feb 3, 2016 4:15pm
looking for mentor ...
"I'm not answering stupid questions."
  • #1,054,245
  • Feb 3, 2016 4:15pm Feb 3, 2016 4:15pm
Quoting JustAndy
64.37% of Oanda customers trading EU are short and a shitload of them are underwater by more than 200 pips
"oanda" "eu" "short" all sound familiar. lets see where will go from here
Attached Image (click to enlarge)
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As Above, So Below
  • #1,054,246
  • Feb 3, 2016 4:20pm Feb 3, 2016 4:20pm
Short 1.11
  • #1,054,247
  • Feb 3, 2016 4:25pm Feb 3, 2016 4:25pm
what a beautiful place to sell... When the price is high.... Stoploss 1.1150, lets see how it plays out..
1.0830 could be a target

. i want to see some nice bearish engulfing candles on at least the 1 hour chart before i risk more on this puppy... NZDUSD looks like it could setup in the next few hours 0200 GMT 4 h Candle close
  • #1,054,248
  • Feb 3, 2016 4:29pm Feb 3, 2016 4:29pm
Quoting KiwiTrada
{quote} that statement is incorrect and pointless, eu bears have been victorious since 2008, the last 13months she has traded east, both buyers and sellers have been in major battle, buyers and sellers are ALWAYS in the market, this forum is but a gnat on an elephants bum, not being harsh, just getting too many stupid remarks without purpose :nerd:
since you point that out let me tell where my reaction came from with no hard feelings whatsoever.

there is a purpose looking at the factual statements some on here made screaming and sharing their "well substantiated" view on the markets crash, trapping newbies in selling the eu All in.

Offcourse its your own responsibility if you do follow someone else s strategy but 95 or more % on here are reasonable newbies who are easily influenced by such statements.

no pointing at people just an observation that is part of internet fora and so like every forum and/or internet forex blogger or website states it is better to not to blindly follow so called predictions or statements as it could not fit ones strategy,

i believe we just tried to point out the same thing
  • #1,054,249
  • Feb 3, 2016 4:30pm Feb 3, 2016 4:30pm
Everyone shorted the top, how obvious...
  • #1,054,250
  • Feb 3, 2016 4:35pm Feb 3, 2016 4:35pm
Quoting KzX
Everyone shorted the top, how obvious...
been shorting for the past 6 hours. i could use a tube of preparation h and a few long red candles.
  • #1,054,251
  • Feb 3, 2016 4:37pm Feb 3, 2016 4:37pm
Quoting mister123
{quote} since you point that out let me tell where my reaction came from with no hard feelings whatsoever. there is a purpose looking at the factual statements some on here made screaming and sharing their "well substantiated" view on the markets crash, trapping newbies in selling the eu All in. Offcourse its your own responsibility if you do follow someone else s strategy but 95 or more % on here are reasonable newbies who are easily influenced by such statements. no pointing at people just an observation that is part of internet fora and so like...
thats more like it, good debate good points as I said this forum is insignificant in the bigger picture, most are clever retrospective "players" only use of this forum other than conning new meat into one of the hardest, dangerous jobs going, is sifting bs, get good at sifting bs and there maybe a nugget or two comes buy, that is key, hunt the nuggets dump the bs
If you are new to Forex? Say Goodbye to your account!!
  • #1,054,252
  • Feb 3, 2016 4:38pm Feb 3, 2016 4:38pm
Quoting KzX
Everyone shorted the top, how obvious...
how do you know it is the top
As Above, So Below
  • #1,054,253
  • Feb 3, 2016 4:39pm Feb 3, 2016 4:39pm
Lots maggots on here just keep it simple
  • #1,054,254
  • Feb 3, 2016 4:46pm Feb 3, 2016 4:46pm
Okay so with all that volatility finally taking a break (go to bed US traders), maybe we'll get a little sell off here. There is a bearish cyclical top in place, but it won't match last nights bullish signal, and it carries the additional risk of the Draghi speech tomorrow. Only the brave and well funded may pass... I'll be on the sidelines drinking Coronas and reading.
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When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #1,054,255
  • Feb 3, 2016 4:47pm Feb 3, 2016 4:47pm
Quoting tashkent
{quote} how do you know it is the top
past history shows that 1.1117 has acted as Support in the past, which may now act as resistance seeing as its gone well below it... and im seeing some engulfing candlesticks just waiting for the 1 hour close... we may all be wrong but if your only risking 1 or 2% it does not matter if we are wrong..

if as a trader you are risking your whole account with massive leverage with no stoploss then you would be very wrong
  • #1,054,256
  • Feb 3, 2016 4:49pm Feb 3, 2016 4:49pm
Quoting TheFxAnalyst
Okay so with all that volatility finally taking a break (go to bed US traders), maybe we'll get a little sell off here. There is a bearish cyclical top in place, but it won't match last nights bullish signal, and it carries the additional risk of the Draghi speech tomorrow. Only the brave and well funded may pass... I'll be on the sidelines drinking Coronas and reading. {image}
Enjoy your posts, Cheers.
  • #1,054,257
  • Feb 3, 2016 4:53pm Feb 3, 2016 4:53pm
Quoting tashkent
{quote} how do you know it is the top
I take intraday trades on EU and that was today's top.
Why? Waaaaay too many reasons - strong Daily R on EU (1120), S on USDX, 300p mid swing completion, parity on USDCHF, 117 on UJ etc.
  • #1,054,258
  • Feb 3, 2016 4:54pm Feb 3, 2016 4:54pm
Hey, all!

If anyone is a swing trader here, I just published some thoughts on EUR/USD.

Take a read here: http://www.forexmademillionaire.com/...rading-update/
check out my blog: forexmademillionaire dot com
  • #1,054,259
  • Feb 3, 2016 4:55pm Feb 3, 2016 4:55pm
Quoting TheFxAnalyst
Okay so with all that volatility finally taking a break (go to bed US traders), maybe we'll get a little sell off here. There is a bearish cyclical top in place, but it won't match last nights bullish signal, and it carries the additional risk of the Draghi speech tomorrow. Only the brave and well funded may pass... I'll be on the sidelines drinking Coronas and reading. {image}

thanks TFA. i just want to say that your analysis is invaluable to a newbie such as myself.
  • #1,054,260
  • Feb 3, 2016 5:00pm Feb 3, 2016 5:00pm
Quoting kayz08
{quote} Half my account got destroyed. Reasons: 1: Kept adding shorts to gold at 1130 in belief it will touch 1124 atleast. 2: Past winning trades gave me an ego boost to put on 3x more trades than usual. 3: Had trades on 4 USD pairs which lost due to USD weakness (which I despise since it's meant to be strong). I have learned that central banker speeches (especially draghi) can really move markets.
At least you didn't loose this bad...

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