{quote} Hey Trader how you getting on? I see price is closing in on your position. Good luck, hope you come away with a win. I closed my positions earlier with a profit, what a relief...could have been so much worse. May the pips be with you.
- #1,083,121
- Dec 8, 2016 8:01am Dec 8, 2016 8:01am
- #1,083,122
- Dec 8, 2016 8:01am Dec 8, 2016 8:01am
- | Joined Jan 2013 | Status: luckytrader | 212 Posts
- #1,083,123
- Dec 8, 2016 8:03am Dec 8, 2016 8:03am
{quote} Still in? Great. You will survive and even make good profit You're on the right direction now
- #1,083,124
- Dec 8, 2016 8:04am Dec 8, 2016 8:04am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} You too Tudor...???Well today It's an exceptional-day..... I really love him!.....(ehm....just for today
Just look at the chart! ..........piooooong! perfect symmetry, up/dw!
ECB/Draghi effect
Member
- #1,083,125
- Dec 8, 2016 8:07am Dec 8, 2016 8:07am
- Joined Aug 2014 | Status: Trader | 237 Posts
For the jinns time is not like a river but like an ocean!
- #1,083,126
- Dec 8, 2016 8:07am Dec 8, 2016 8:07am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} The whole of Dec15 everyone kept going parity parity ... now I am short and nobody goes parity parity! I hope I am in the right direction, I just want to be out with a profit, no need for parity for that to happen!!!! Give me 1.06 pls!
Member
- #1,083,127
- Dec 8, 2016 8:07am Dec 8, 2016 8:07am
- Joined Dec 2015 | Status: Trader | 2,405 Posts
{quote} Technically trend was up and all resistance were broken and holding up above previous close. You just got lucky dude.
I wished I were lucky last night tough
- #1,083,128
- Dec 8, 2016 8:10am Dec 8, 2016 8:10am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
{quote} Hey, G! Just look at the chart! ..........piooooong! perfect symmetry, up/dw!
Indeed for long-term...it's still bear....
But yes this flipflop is horror....that's why I did a switch last months to the GBPUSD... This brings more peace into my trading.... less volatily but more profitable. Today it works nicely thanks to my lovely Mr .... ......
You can manage risk, but you can't manage the return
- #1,083,129
- Dec 8, 2016 8:11am Dec 8, 2016 8:11am
- Joined Dec 2015 | Status: Trader | 2,405 Posts
{quote} "There are technical aspects as well as fundamentals" ...thank you for that! Today, 220pips up&down movement in 1 hour was rouletteIt's really stupefying thinking any technical plan would work
You are welcome. Call me anytime
- #1,083,130
- Dec 8, 2016 8:13am Dec 8, 2016 8:13am
- Joined May 2014 | Status: From1toMillion | 9,471 Posts | Online Now
All those buying at 673 that is so obvious. You guys understand how trend have reversed right? now trend is not up. If we don't go up above 850 and close below 850 in daily we could be looking at a new all time low.
Everyone can see the chart, but only a few can actually read it.
- #1,083,131
- Dec 8, 2016 8:13am Dec 8, 2016 8:13am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Do you still know my long-term view for the EURUSD...?! It isn't changed in all that time...... Indeed for long-term...it's still bear....
it's obvious on charts, monthly, weekly, daily......
Member
- #1,083,132
- Edited 8:25am Dec 8, 2016 8:15am | Edited 8:25am
- | Joined Sep 2016 | Status: Trader | 15 Posts
{quote} "There are technical aspects as well as fundamentals" ...thank you for that! Today, 220pips up&down movement in 1 hour was roulette
Sorry Tudorloan - would have to completely disagree
Working off a 10 second or even 21 tick chart - its all readable - especially if you understand key times and both dynamic and horizontal S & R intraday levels.
You literally have more than a few minutes to make decisions - and with tight soft or hard stops - its well possible to have a 70% + win success rate
If you look at my tick chart I posted earlier - the sudden spike up at 12. 45pm with the rate decision lasted in total 3 mins before the LH
then the sell off - either under LH at 12 49pm and 0840 - or maybe with more probability from 12 51pm and 0810 then lasted so far to 1.54 pm - ie over 1 hr and dropped 170 pips in that time - ample time to make a sell or 2 and grab anything from just 20 to 150 pips all depending on your technical reading ability and your expertise.
I would agree - you need to be quick and able to read techs off a tick chart along with understanding key times and levels - but its all possible far more accurate that fundi's - trouble is it takes thousands of trades and years of trading to be able to do it
Regards
FXC
- #1,083,133
- Dec 8, 2016 8:17am Dec 8, 2016 8:17am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Technically trend was up and all resistance were broken and holding up above previous close. You just got lucky dude.
nooo, he got a technical plan{quote} You are welcome. Call me anytime
Member
- #1,083,134
- Dec 8, 2016 8:20am Dec 8, 2016 8:20am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
{quote} I think everybody's euro view on long term is bearish
Anyway....
You can manage risk, but you can't manage the return
- #1,083,136
- Dec 8, 2016 8:24am Dec 8, 2016 8:24am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Â
Â
Nope.
How's 540 billion extra money "positive"
Â
Yep.
And people that see the direction..... And the patient....
And who can distinguish between spike and move.Â
Â
Â
Chart below. It's old bottom connecting trendline.
Damn. I can't attach a picture. I got few old, check my profile - attachments.ÂÂ
ÂÂ
Â
Yupee. Patience pays off.
It was only a matter when.
I guess we need to load more shorts... 0700 0750 area....
Then wait.
Then FED
{quote} Just a guess (and I am probably not right because the market will do whatever it wants - and sometimes illogical) - maybe because ECB extended QE for 9 mths (instead of 6), hence that is dovish, but it also cut bond purchase from 80 to 60b per month (i.e tapering) hence that is hawkish. So Up and Down.
Nope.
How's 540 billion extra money "positive"
Â
The market is just wiping out most traders, that's what this business is about. Only the mentally strong survive.
And people that see the direction..... And the patient....
And who can distinguish between spike and move.Â
Â
{quote} Can you please put up the trendline you referring to. 799 is monthly pivot
Chart below. It's old bottom connecting trendline.
Damn. I can't attach a picture. I got few old, check my profile - attachments.ÂÂ
ÂÂ
{quote} Yes
Short at or above trendline 0828. Small lot. Spikes welcomeÂÂ
Also guys, can we write 4 digits, but including the zero. 0781........
Take profit around 0710 0600 0500?
If Draghi bazooka everything, unlikely.... will go long.
Be safe and greenÂÂ
Yupee. Patience pays off.
It was only a matter when.
I guess we need to load more shorts... 0700 0750 area....
Then wait.
Then FED
Beware of robber banks (RB), bad advisors. 
- #1,083,137
- Dec 8, 2016 8:25am Dec 8, 2016 8:25am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Sorry Tudorloan - would have to completely disagree Working of a 10 second or even 21 tick chart - its all readable - especially if you understand key times and both dynamic and horizontal S & R intraday levels. You literally have more than a few minutes to make decisions - and with tight soft or hard stops - its well possible to have a 70% + win success rate If you look at my tick chart I posted earlier - the sudden spike up at 12. 45pm with the rate decision lasted in total 3 mins before the LH then the sell off - either under LH at 12...
I'm just a primitive "jump in, steel the money and run" guy.
...and i stick to itGod, it's real fun here but ....no chance to see Q&A Draghi sesssion quietly
Member
- #1,083,139
- Dec 8, 2016 8:29am Dec 8, 2016 8:29am
- Joined May 2014 | Status: From1toMillion | 9,471 Posts | Online Now
Everyone can see the chart, but only a few can actually read it.
- #1,083,140
- Dec 8, 2016 8:30am Dec 8, 2016 8:30am
- | Joined Jul 2012 | Status: Complicated Obsessive-Compulsive | 746 Posts
{quote} "There are technical aspects as well as fundamentals" ...thank you for that! Today, 220pips up&down movement in 1 hour was roulette
yep... it was technical and fundamental...