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EURUSD

  • #1,062,081
  • Mar 17, 2016 4:27am Mar 17, 2016 4:27am
Quoting Rosey76
{quote} Any drop of uc is a buy for a big bounce/retrace coming soon.
My view for UC:

Small retrace YES ... big bounce NO.
  • #1,062,082
  • Mar 17, 2016 4:29am Mar 17, 2016 4:29am
Quoting Rosey76
{quote} You better drop using the word mofu in this thread. It does not belong here It belongs to the pond thread and the gang over there.
what is mofu?
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #1,062,083
  • Mar 17, 2016 4:30am Mar 17, 2016 4:30am
Quoting andexQ
{quote} My view for UC: Small retrace YES ... big bounce NO.
A selling climax out of a diverging wedge often proceeds a reversal.
I ignore fools
  • #1,062,084
  • Mar 17, 2016 4:31am Mar 17, 2016 4:31am
Quoting SingaFX
{quote} what is mofu?
Do not know never wanted to know about that shit.
I ignore fools
  • #1,062,085
  • Mar 17, 2016 4:41am Mar 17, 2016 4:41am
Quoting Rosey76
{quote} A selling climax out of a diverging wedge often proceeds a reversal.
The same for a buying climax above a diverging wedge. So watch out aussie
I ignore fools
  • #1,062,086
  • Mar 17, 2016 4:42am Mar 17, 2016 4:42am
Quoting Rosey76
{quote} A selling climax out of a diverging wedge often proceeds a reversal.
Red-box is area to watch if you expecting big bounce...

UC weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: `2.png Size: 16 KB
  • #1,062,087
  • Mar 17, 2016 4:47am Mar 17, 2016 4:47am
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,062,088
  • Mar 17, 2016 4:49am Mar 17, 2016 4:49am
Quoting andexQ
{quote} Red-box is area to watch if you expecting big bounce... UC weekly: {image}
It wont go to the red box straight by neglecting the support area built over its recent history on the left of the chart.
I ignore fools
  • #1,062,089
  • Mar 17, 2016 4:54am Mar 17, 2016 4:54am
Quoting Rosey76
{quote} My two step zigzag setup points to a target at 1.1257 for a 1.272 extension and 1.1310 for a 1.618 extension.
Second target within reach in matter of hour
I ignore fools
  • #1,062,090
  • Mar 17, 2016 4:57am Mar 17, 2016 4:57am
Quoting Rosey76
{quote} It wont go to the red box straight by neglecting the support area built over its recent history on the left of the chart.
If one trades uc it is better to watch cj and uj also.
I ignore fools
  • #1,062,091
  • Mar 17, 2016 4:58am Mar 17, 2016 4:58am
Quoting Raa
Buy closed +70. Short at 1.1286 Edit: short s/o -13 {image}
Now what? Closed short...Open Buy???!!
I don't CARE how many DOLLAR you earn, I just care how LONG you can TRADE
  • #1,062,092
  • Mar 17, 2016 5:00am Mar 17, 2016 5:00am
Quoting Desidaffu
hi everyone. I'm fairly new to forex trading. I've been doing it for around 2 weeks and have learnt myself, and I feel I have a good knowledge of it all. I watch the markets all day and business news etc. I don't seem to make any money however, I make the odd 10 pips here and there and mainly only trade eur/usd but then I lose on another day. What am I doing wrong and is there a beginners approach to it all? Any I for would be much appreciated.
Start with a small amount and bet with .01 lots or 0.02 lots
Majority of indicators don't work in the long run
If you trade with 0.10 lots stick to that don't go revenge trade and increase it to .20 lots or more, in the longer run you will start losing
Always have a short loss of at least 20-30 pips in place,
Don't aim to make 20-30 pips, try to aim for 50 and over
If price hits your short loss don't go in again, wait and watch
If price is going up and up and up don't jump in buying, same if going down
Read posts made by senior members but make the decision/judgement yourself
This place is full of commercial members asking for monthly fee to give you signal, stay away, if their holy grail was that good they wouldn't sell it to you for a million dollars.
  • #1,062,093
  • Mar 17, 2016 5:00am Mar 17, 2016 5:00am
Quoting levitezfx
{quote} Now what? Closed short...Open Buy???!!

Wish you the best.
  • #1,062,094
  • Mar 17, 2016 5:02am Mar 17, 2016 5:02am
Quoting Rosey76
{quote} Second target within reach in matter of hour
Oops turns out minutes
I ignore fools
  • #1,062,095
  • Mar 17, 2016 5:10am Mar 17, 2016 5:10am
retesting 1.1370 today?
  • #1,062,096
  • Mar 17, 2016 5:10am Mar 17, 2016 5:10am
Quoting Rosey76
{quote} Short sp500 when it gets close to 2035/2040, for a drop to 1960.
time to pay attention to equities
I ignore fools
  • #1,062,097
  • Mar 17, 2016 5:12am Mar 17, 2016 5:12am
Quoting vasily
{quote} ı signal you last night and few hour ago {image}
eu hit target
half size uj stopout as plan
it was nice to trade with you
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  • #1,062,098
  • Mar 17, 2016 5:12am Mar 17, 2016 5:12am
Quoting Raa
Buy closed +70. Short at 1.1286 Edit: short s/o -13 {image}
Trying to pin-point the turning point? Why not just follow the train until the next station, wait till it reverses direction, then get in? Instead trying to stop it when at full speed?
  • #1,062,099
  • Mar 17, 2016 5:14am Mar 17, 2016 5:14am
Quoting Rosey76
{quote} If one trades uc it is better to watch cj and uj also.
When ewuities tank the japanese will sell cj faster than uj so uc will bounce.
I ignore fools
  • #1,062,100
  • Mar 17, 2016 5:19am Mar 17, 2016 5:19am
Quoting stylinex
{quote} I think Long entry at 9517 should be good. We should be back to between 9700-9800 by next week where options expire.
Loos like 9700-9800 is where options will expire at this week.
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