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EURUSD

  • #1,082,681
  • Dec 6, 2016 12:42am Dec 6, 2016 12:42am
watching 1.0760/57
  • #1,082,682
  • Dec 6, 2016 12:48am Dec 6, 2016 12:48am
Quoting Don96
watching 1.0760/57
What's in there? Some chilly pips?
  • #1,082,683
  • Dec 6, 2016 12:50am Dec 6, 2016 12:50am
Quoting yuddy
{quote} What's in there? Some chilly pips?
have to wait and see
  • #1,082,684
  • Dec 6, 2016 12:51am Dec 6, 2016 12:51am
Quoting Dano12
????? {image}
got the same count with u
  • #1,082,685
  • Dec 6, 2016 12:52am Dec 6, 2016 12:52am
Quoting MasterJedi
{quote} Well its good to know I'm not alone on what might be a sinking ship lol! My position isn't too large either but enough to be concerned. The US index is dropping like a stone which is bullish for this pair. But what goes up must come down, surely a retracement is due at some point. It looks to be testing 1.0800 again. Good luck.
For now politics is running the game, economic technicals may not be orderly, anybody can say anything now and spikes will fire. This is the season of spikes. Keep ur SL reasonable, since the pairs are flying unreasonably. No bears no bulls it's gonna be win win for both this week.
  • #1,082,686
  • Dec 6, 2016 12:58am Dec 6, 2016 12:58am
Quoting yuddy
{quote} For now politics is running the game, economic technicals may not be orderly, anybody can say anything now and spikes will fire. This is the season of spikes. Keep ur SL reasonable, since the pairs are flying unreasonably. No bears no bulls it's gonna be win win for both this week.
Thanks for the advice buddy.
who dares wins
  • #1,082,687
  • Dec 6, 2016 1:21am Dec 6, 2016 1:21am
Seriously I don't see EU rising much, monthly PV is at .80xx ,daily PV is at. 670xx .it would be a range btw these levels today.
  • #1,082,688
  • Dec 6, 2016 2:12am Dec 6, 2016 2:12am
Shorts Stoped overnight @ 1.0760 and reversed to long . SL @ 1.07 37

Very difficult situation in BP ... I keep lifting my SL higher everyday...

But this wedge is not going to last FOREVER...
  • #1,082,689
  • Dec 6, 2016 2:28am Dec 6, 2016 2:28am
Shorts Stoped overnight @ 1.0760 and reversed to long . SL @ 1.07 37
Very difficult situation in BP ... I keep lifting my SL higher everyday...
But this wedge is not going to last FOREVER...

Sorry F.g but I have to say that continually lifting (and I presume extending) your Stop Losses is the short way to total ruin.
Whilst it is possible that the pair will reverse and everything will look rosy in the kitchen it's far more likely that it will suddenly spike and take out even your extended SLs.
It is most often better to take the hit, take a deep breath and re-evaluate what you were doing in the first place. I have always found that there is a simple reason that my trade didn't work - like going against the trend, trading just before it hits a major support/resistance etc.

Either way, please take care of your MM
  • #1,082,690
  • Dec 6, 2016 2:32am Dec 6, 2016 2:32am
I don't find current trading conditions attractive. It seems market has entered waiting mode for ECB.
  • #1,082,691
  • Dec 6, 2016 2:49am Dec 6, 2016 2:49am
Quoting Nabz
I don't find current trading conditions attractive. It seems market has entered waiting mode for ECB.
It's just shitty london traders, they do it almost every day, it's almost like they would be fighting each other. European sessions became untradeable compared to NY ones. Even american traders wait till crappy london dicks leave and then move the market. And if european traders decide to move the market, they always try to do it super early (like yesterday). The differences in movement between both sessions became huge lately. When was the last time NY session had a range?
  • #1,082,692
  • Dec 6, 2016 2:56am Dec 6, 2016 2:56am
Quoting mades
{quote} It's just shitty london traders, they do it almost every day, it's almost like they would be fighting each other. European sessions became untradeable compared to NY ones. Even american traders wait till crappy london dicks leave and then move the market. And if european traders decide to move the market, they always try to do it super early (like yesterday). The differences in movement between both sessions became huge lately. When was the last time NY session had a range?
Real talk pal. However the range is still cool to use
  • #1,082,693
  • Dec 6, 2016 3:06am Dec 6, 2016 3:06am
Quoting yuddy
{quote} Real talk pal. However the range is still cool to use
The problem is until you realize you are in a range, you already accumulate few losses (if you do intraday trading). 1 minute candles can be up to 20-30 pip long and reversals are super fast (one candle after another). This almost never happens during afternoon NY. Shit, it doesn't even happen during asian sessions, if they range they keep the range tight and losses small.

Just look at 1H candles this morning, 2 inside bars in a row. That's sick (for 1h TF).

Every large movement lately started either during asian or NY session.
  • #1,082,694
  • Dec 6, 2016 3:29am Dec 6, 2016 3:29am
Quoting mades
{quote} The problem is until you realize you are in a range, you already accumulate few losses (if you do intraday trading). 1 minute candles can be up to 20-30 pip long and reversals are super fast (one candle after another). This almost never happens during afternoon NY. Shit, it doesn't even happen during asian sessions, if they range they keep the range tight and losses small. Just look at 1H candles this morning, 2 inside bars in a row. That's sick (for 1h TF). Every large movement lately started either during asian or NY session.
Real talk pal. Earlier said the dollar is quite weak for dis week, that is the outlook, good nfp, good ism, yet no momentum, I guess mkt is watching what's going on with ecb and italia. Charts may not help much. Technicals might just be hanging on for good moves. God help us all. Long live the bears and bulls.
  • #1,082,695
  • Dec 6, 2016 3:29am Dec 6, 2016 3:29am
Short @1.0767
TP 1.0683

No longs before the 1.0683 test for me
  • #1,082,696
  • Dec 6, 2016 3:31am Dec 6, 2016 3:31am
While the market is waiting, I could use some games, playing PES 16 .pals can anyone suggest a movie or two for me?
  • #1,082,697
  • Dec 6, 2016 3:36am Dec 6, 2016 3:36am
I've marked key level 1.0770. Just a waiting game for buy/sell signal.
Excellence is not an act but a habit.
  • #1,082,698
  • Dec 6, 2016 3:42am Dec 6, 2016 3:42am
Quoting yuddy
While the market is waiting, I could use some games, playing PES 16 .pals can anyone suggest a movie or two for me?
I watched a film called 'eye in the sky' last night, was good I thought. Also '99 homes' was great.
who dares wins
  • #1,082,699
  • Dec 6, 2016 3:48am Dec 6, 2016 3:48am
looks like someone slapped
  • #1,082,700
  • Dec 6, 2016 3:50am Dec 6, 2016 3:50am
Is this the start of the move downwards that was meant to happen 24hrs ago?
who dares wins
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