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  • #1,094,681
  • Mar 6, 2017 3:00am Mar 6, 2017 3:00am
GU holding it down atm (due to EG), but EG target is .8708 so could breakout up @ any hourly start next 2-3 hours.
  • #1,094,682
  • Mar 6, 2017 3:00am Mar 6, 2017 3:00am
Quoting JustAndy
{quote} So that means us folks holding Friday longs aren't retards afterall???...Shocking
No. It means that I was short Friday (Jon, strongly bullish). I got stopped and turned long and recovered. That's all.
No one it's stupid here as long as no clear trend is shaping up and there are enough arguments for the both sides.
So, holding longs it's not necessary brilliant or stupid.

I hope Connor's pyramidal short entries sequence on Friday doesn't "short" too much his account
Member
  • #1,094,683
  • Mar 6, 2017 3:05am Mar 6, 2017 3:05am
Quoting sakisf
GU holding it down atm (due to EG), but EG target is .8708 so could breakout up @ any hourly start next 2-3 hours.
you going short EG @ 8700-8710?
  • #1,094,684
  • Mar 6, 2017 3:05am Mar 6, 2017 3:05am
I am bearish on the EURUSD but won't enter trade now. I will wait for the market to get to the level I am eyeballing.

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #1,094,685
  • Mar 6, 2017 3:10am Mar 6, 2017 3:10am
Quoting Don96
and again euro the only currency doing anything significant against the dollar... it will be traded for 1.0595/1.056x {image} {image}
out +4, ill try again at 45/57/64
  • #1,094,686
  • Mar 6, 2017 3:11am Mar 6, 2017 3:11am
Quoting asgcorp
{quote} you going short EG @ 8700-8710?
You better stick with High probability live trades and clear out here
Ignored!
Member
  • #1,094,687
  • Mar 6, 2017 3:11am Mar 6, 2017 3:11am
Quoting asgcorp
{quote} you going short EG @ 8700-8710?
Short term I might do. Was bullish EG for 2 weeks, not sure it will be finished before Brexit stuff.
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  • #1,094,688
  • Mar 6, 2017 3:13am Mar 6, 2017 3:13am
Quoting TudorIoan
{quote} No. It means that I was short Friday (Jon, strongly bullish). I got stopped and turned long and recovered. That's all. No one it's stupid here as long as no clear trend is shaping up and there are enough arguments for the both sides. So, holding longs it's not necessary brilliant or stupid. I hope Connor's pyramidal short entries sequence on Friday doesn't "short" too much his account

You used to sing a different tune just a few days ago...let me refresh your memory
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Why sell the bottoms when you can buy the tops...
  • #1,094,689
  • Mar 6, 2017 3:16am Mar 6, 2017 3:16am
Quoting sakisf
{quote} Short term I might do. Was bullish EG for 2 weeks, not sure it will be finished before Brexit stuff. {image}
reason I'm asking is that it's on my todo list ))) shorting @ 8710. EG is an HS on daily it won't push higher.
  • #1,094,690
  • Mar 6, 2017 3:18am Mar 6, 2017 3:18am
Quoting sakisf
{quote} Short term I might do.
8715 is quarter pivot
  • #1,094,691
  • Mar 6, 2017 3:20am Mar 6, 2017 3:20am
Quoting JustAndy
{quote} You used to sing a different tune just a few days ago...let me refresh your memory {image}
Yeah, very funny On March2nd USD was very strong indeed and US hike conditions were better. So it was a reasonable assumption
Really, what do you think will happen with the euro bulls if 7 days from now Fed will rise the rates?
Member
  • #1,094,692
  • Mar 6, 2017 3:24am Mar 6, 2017 3:24am
Quoting TudorIoan
{quote} Yeah, very funny On March2 USD was very strong indeed and US hike conditions were better. So it was a reasonable assumption Really, what do you think will happen with the euro bulls if 7 days from now Fed will rise the rates?
What makes you so sure they will raise?

Supposition is the mother of all fuckups after all.
Why sell the bottoms when you can buy the tops...
  • #1,094,693
  • Mar 6, 2017 3:27am Mar 6, 2017 3:27am
This is a nice level to short.

1.0630 take profit 1.0530.
  • #1,094,694
  • Mar 6, 2017 3:28am Mar 6, 2017 3:28am
Quoting JustAndy
{quote} What makes you so sure they will raise? Supposition is the mother of all fuckups after all.
Supposition is the mother of all fuckups after all
Agree. But not in trading. Do you deal with certitudes in trading?
(and don't give me that crap about the subtle difference between suppositions and probabilities)
Member
  • #1,094,695
  • Mar 6, 2017 3:33am Mar 6, 2017 3:33am
Stopped profit at 1.0619
  • #1,094,696
  • Mar 6, 2017 3:38am Mar 6, 2017 3:38am
Quoting asgcorp
{quote} reason I'm asking is that it's on my todo list ))) shorting @ 8710. EG is an HS on daily it won't push higher.
I see that but I am not sure GU can recover so quickly and I don't see EU dropping much in higher speed than GU.

If GU bounces off 1.22 for 1.26+ again then yes, EG will turn, haven't checked the calendar for any news which might help it though.
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  • #1,094,697
  • Mar 6, 2017 3:40am Mar 6, 2017 3:40am
Quoting TudorIoan
{quote} Supposition is the mother of all fuckups after all Agree. But not in trading. Do you deal with certitudes in trading? (and don't give me that crap about the subtle difference between suppositions and probabilities)
Yes, I dell with certitude, I have my R:R ratio when I take any trade and I know in the end I will lose x amount of money or gain 3-5 x.

Sometimes I get stopped by 2-5 pips a couple times in a row just to have the price go to my former TP, but such is life and loosing is the cost of doing business IMHO.
Why sell the bottoms when you can buy the tops...
  • #1,094,698
  • Mar 6, 2017 3:41am Mar 6, 2017 3:41am
OMFG, OMFG, ...whipsaw (intraday) first stage of some possibly sequence in progress
Member
  • #1,094,699
  • Mar 6, 2017 3:42am Mar 6, 2017 3:42am
Quoting fasttrade1
Today's key levels on which market reacts r 1.06231>1.06026>again up>then 1.05731>then again up>1.05248(the final level to book profit in short)>then pull back and agin extension of this fall till 1.04976 which is cooling period to find out buy side entry
play as per level again pull back expected now
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #1,094,700
  • Mar 6, 2017 3:42am Mar 6, 2017 3:42am
I guess its back to short again
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