Sold 1.0795 -> 1.0775 {image}
{quote} My short is at .0637 (I think that's near your old short too?)And I think we need a lot of luck later!
{quote} How uncanny, seems like we shorted at the exact same time. Very bad trade as well, plus not triggering an s/l makes it worse. Anyway let us learn from this calamity of a trade LOL! Let me know if & when you jump ship...I might join u back to the shore, hopefully the emergency services will be waiting
{quote} Buddy , same with me , too SL 1 .08 06 fttb and move to BE the soonest . I see some remote chance of having seen the top here..... The next probable play is a spiky upmove caused by sir Draghi towards 1.08 40-50 where it will FIZZLE OUT....... and will be the end of this E. strength. We can play both and make green pips under both scenarios, crew. Take care .
{quote} i am going to be finger-ready during the press conf later. Will def post back here if I close! May we survive this disaster trade!
{quote} Well, my friend, we're only hours away from a crucial ECB decision on its QE program. I made my technical analisys but I'm affraid the market it's guided now by wires, fizzeled out (as you put it) & rumors about the market expectations to hear about the central banks plans beyond March 2017. The retailers trading now blindly and the Big Dogs lead the way(anticipated up) based on their inside gossip on wires.
{quote} Good analysis buddy, but what about the double top LOL!!
{quote} Neah, this kind of formation had very low relevance lately. Last shooting star result I remember was disastrous... I use only obvious and visible TLs and PP lvls. tried to make it much clearer and simple. ...why don't you(and Mrs.T) hedge your bleeding short? Because the whole trading world knows by now that Draghi will expand QE beyond March 2017 and he will sound hawkish based on the firm pace of the EU economy
I am using Oanda. Can't hedge.
{quote} I'll pray for your short then
{quote} Neah, this kind of formation had very low relevance lately. Last shooting star result I remember was disastrous... I use only obvious and visible TLs and PP lvls. tried to make it much clearer and simple. ...why don't you(and Mrs.T) hedge your bleeding short? Because the whole trading world knows by now that Draghi will expand QE beyond March 2017 and he will sound hawkish based on the firm pace of the EU economy
{quote} Thank u! Was it last dec that during draghi's press conf/speech that EU shot up 150 pips thereabouts but it still came back down and eventually ended the year slightly lower still? I think/hope I can survive the spikes because longer term, I still believe it's down for EU.
{quote} Thanks Tudor, I was only joking about the double top by stating the obvious, after all your sound explanation. I could hedge if I had enough margin, I got 2 shorts open on this (far apart). If there are major spikes hopefully they go down first...
sorry I didn't even bother to look for the 2top because I don't trust them
