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  • #1,056,141
  • Feb 11, 2016 3:03pm Feb 11, 2016 3:03pm
Quoting Connors
The members of this thread are short, so short that they get excited with every 10-15 pips drop and start talking about 1.0900s This is bad. I am seriously worried.
Well, pardon my French, but you are balls deep in shorts as well
Why sell the bottoms when you can buy the tops...
  • #1,056,142
  • Feb 11, 2016 3:10pm Feb 11, 2016 3:10pm
Quoting JustAndy
{quote} Well, pardon my French, but you are balls deep in shorts as well

I am and the fact that I see everyone enjoying every 20 pips drop worries me a little. It is exactly at those times the market does sth totally unexpected.
The way I see it at the moment is not very comforting, pa is consolidating at the top and there is still the possibility of a pop to the upside. Anyway, I have my SL in place, can not do much about it now. I am at the table, putting my chips with tears in my eyes.
  • #1,056,143
  • Edited 4:23pm Feb 11, 2016 3:25pm | Edited 4:23pm
Quoting Connors
{quote} I am and the fact that I see everyone enjoying every 20 pips drop worries me a little. It is exactly at those times the market does sth totally unexpected. The way I see it at the moment is not very comforting, pa is consolidating at the top and there is still the possibility of a pop to the upside. Anyway, I have my SL in place, can not do much about it now. I am at the table, putting my chips with tears in my eyes.
It's going to at least 1.1347 and after that 1.1100
  • #1,056,144
  • Feb 11, 2016 3:29pm Feb 11, 2016 3:29pm
Quoting JustAndy
{quote} Well, pardon my French, but you are balls deep in shorts as well
A bit deep. That's the right direction. Few long to hedge it. Come on 1.10.... Is 1.1280 the support lately?
Beware of robber banks (RB), bad advisors.
  • #1,056,145
  • Feb 11, 2016 3:36pm Feb 11, 2016 3:36pm
I have a feeling that big slab at 1320 creates enormous amount of shorts. Just to pop them all to the SL. So 1390 and 1450 look very possible before landslide to 1.09 begins
  • #1,056,146
  • Feb 11, 2016 3:38pm Feb 11, 2016 3:38pm
not sure what level this move in eur/usd will top but I think it will the close we get to March 10th my guess sometime next week
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #1,056,147
  • Feb 11, 2016 3:41pm Feb 11, 2016 3:41pm
eu is nearing the top of the present monthly range (13months east) looking at this period candles they have been very wicky at these levels, wicks and legs as per usual a dangerous times to be trading unless scalping
signals for shorts will be coming thick and fast around here, as per the candles above, those wicks continued to grow, the highest being 1713 before pulling back to 0847 pretty smartly,
little advice be very cautious with either longs or short, keep everything tight, overall market is bearish however a monthly double bottom could be in place, with this months candle(12 days in) proving that sentiment
I see the next potential battle zone north 1638 -1713 -2131 if range is broken, south ranges lows
If you are new to Forex? Say Goodbye to your account!!
  • #1,056,148
  • Feb 11, 2016 4:13pm Feb 11, 2016 4:13pm
Quoting KiwiTrada
eu is nearing the top of the present monthly range (13months east) looking at this period candles they have been very wicky at these levels, wicks and legs as per usual a dangerous times to be trading unless scalping signals for shorts will be coming thick and fast around here, as per the candles above, those wicks continued to grow, the highest being 1713 before pulling back to 0847 pretty smartly, little advice be very cautious with either longs or short, keep everything tight, overall market is bearish however a monthly double bottom could be...
Others indicate eu has room to go higher ...
  • #1,056,149
  • Feb 11, 2016 4:16pm Feb 11, 2016 4:16pm
Quoting Connors
OK for me the only relief I have is London closed below the very important - according to me - 1.1367. Other than that I have no arguments to defend a short position at the moment. I set the SL just in case above todays high and there is absolutely nothing more I can do or I can think of. It is what it is. I am off for a few hours, cant keep looking at this madness.
1.3763 (88.6) top of the range - still short stop 10 pips above

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  • #1,056,150
  • Feb 11, 2016 4:19pm Feb 11, 2016 4:19pm
Quoting edyraper
{quote} Others indicate eu has room to go higher ...
absolutely agree with them, takes nuts to hold to that when short signals are firing off, every short signal that fails certainly helps, hence the caution:nerd:
If you are new to Forex? Say Goodbye to your account!!
  • #1,056,151
  • Feb 11, 2016 4:25pm Feb 11, 2016 4:25pm
Quoting mesobad
Usd/cad does sickening flights
Got fresh short from 1.4

Watching crude and RBA Stevens in few mins
  • #1,056,152
  • Feb 11, 2016 4:26pm Feb 11, 2016 4:26pm
Quoting Ken A
{quote} 1.3763 (88.6) top of the range - still short stop 10 pips above {image}

Perfect, it was a decent rejection. My problem is, it has been consolidating very close to that medium term level, therefore I killed half of the position at break even and keeping the rest - and some more will be closed soon I got cold feet. Very difficult market for me man. Absolutely nothing went like I planned.

The least I can do is reduce exposure and leverage. Dont want another screw up of the account.
  • #1,056,153
  • Feb 11, 2016 4:27pm Feb 11, 2016 4:27pm
Saudis sending ground forces in Syria (in 2 months from now) as human shields for ISIS/Rebels should be dollar / oil positive, right?
  • #1,056,154
  • Feb 11, 2016 4:28pm Feb 11, 2016 4:28pm
Quoting Connors
{quote} Perfect, it was a decent rejection. My problem is, it has been consolidating very close to that medium term level, therefore I killed half of the position at break even and keeping the rest - and some more will be closed soon I got cold feet. Very difficult market for me man. Absolutely nothing went like I planned.
Nothing I can do. Only know for sure will cost me -10 pips for being wrong

Quoting sakisf
Saudis sending ground forces in Syria (in 2 months from now) as human shields for ISIS/Rebels should be dollar / oil positive, right?
Dates Vs Vodka

Duh!
  • #1,056,155
  • Feb 11, 2016 4:30pm Feb 11, 2016 4:30pm
Quoting KiwiTrada
{quote} absolutely agree with them, takes nuts to hold to that when short signals are firing off, every short signal that fails certainly helps, hence the caution:nerd:
"When short signals are firing off"
What time frame ? And could you please explain how you analyze the chart ? I've remeber your gj call congratz
Don't wanna trade against you
  • #1,056,156
  • Feb 11, 2016 4:30pm Feb 11, 2016 4:30pm
Quoting Ken A
{quote} Nothing I can do. Only know for sure will cost me -10 pips for being wrong
Ahh perfect man, I wished I were a little patient and waited for a better entry to short.
  • #1,056,157
  • Feb 11, 2016 4:33pm Feb 11, 2016 4:33pm
Quoting Ken A
{quote}Nothing I can do. Only know for sure will cost me -10 pips for being wrong
Genuinely curious.. why not set your SL to BE+1 at this point?
  • #1,056,158
  • Feb 11, 2016 4:35pm Feb 11, 2016 4:35pm
Quoting DasPips
{quote} Genuinely curious.. why not set your SL to BE+1 at this point?
I already closed some to cover the stops - rarely move stop because more often than not the high got tested then move away

Quoting Connors
{quote} Ahh perfect man, I wished I were a little patient and waited for a better entry to short.
IF RBA Stevens is less dovish should push AUDUSD up EURAUD down and EURUSD down - it's happening now
  • #1,056,159
  • Feb 11, 2016 4:55pm Feb 11, 2016 4:55pm
Quoting edyraper
{quote} "When short signals are firing off" What time frame ? And could you please explain how you analyze the chart ? I've remeber your gj call congratz Don't wanna trade against you
4hr daily weekly, 4hr is pretty obvious topping pattern, almost perfect only thing against short is hh, daily and weekly are watching the range, supporting is uj pretty good support in play 111 62, gj well she has been a little honey with 2 runners just clicked 3000 pips :-) cable swissy daily yesterday has printed a doji which could? negate the previous inverted pin, presently watching nu au and an very closely argh alarms going gotta go bbl
If you are new to Forex? Say Goodbye to your account!!
  • #1,056,160
  • Feb 11, 2016 4:55pm Feb 11, 2016 4:55pm
Hunch for Bias
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