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Pipologist commented Dec 13, 2015China has the word's largest population, and for the last 20 years has steadily increasing technological prowess by making things for other countries with lower priced labor. Now they have the know how and IP to advance on their own and the money to ...
A Remarkable View of China’s Official GDP — It’s Not What You Think
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Pipologist replied Dec 13, 2015Huge early morning and early hour pin on the 5 15 30 and hourly formed, but it's only minutes into the hour. Like Friday, I think those that try to short this could get burned badly. That was A LOT of volume to move it up and down like that so ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 13, 201501:30 Long at 1.0970 SL at 1.0955 or higher depending on PA. Target is 1.1105 01:30 BST (Broker Server Time)
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 13, 2015Outside of any rate hike affirmations or other dollar strengthening news Monday morning, I'm expecting a fake down as low as 1.0940 and a run up to 1.1105 - 1.1110. Since Monday is usually low range I'm giving this late Monday evening or until ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015Well the markets are really efficient and always revert to the mean after going to extremes don't they... EURUSD closed at the MID of the last three trading days... and1mn and 5mn volatility jumped last couple hours of Friday to close evenly below ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015btw another W forming on the 5mn, it just may pop to 1.1050 or even my original guesstimate of 1.1075 close today.... I'd love to trade it but I have to sleep...and don't want to carry overnight over weekend and will not wake up early tomorrow to ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015You must have not read my post(s). NEVER did I say that there would be no hikes. I said "not in December", more likely January, even more likely February. This btw is historical fact. There will not be any doom for any world currency within the next ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015of course, you are right. I just don't think it will get to 1.0935 today again, I think it will close around 1.1035 and then next week fake up to 1.11 maybe 1.1150 and then depending on hike or no hike (no hike is likely and realistic for now based ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015So technically you are betting that the next hour is an evening star completion on the 1hr and that will trigger the move to 1.05. Of course the 4 hour says that if we pop through 1.1050 and hold it that 1.15 is in play. I know what you are saying, ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015Why I think longs are still in play...volatility....3 charts (indi lines and lines that look like blocks are proprietary, and what I luckily used yesterday and today, as they work well in day long trends) Right now market still has to fall to 1.0925 ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015When I started this thread I was trying and hoping to trade more like a shark...and be able to swim and reverse like a shark. I knew the market would PB at 30, I was going to get out at 30, instead I moved like a whale and saw it dip to 20 before ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015Those that shorted at 30 did well with fast pippage. That UoM data is good, but only scalpers trade that data, everyone knows it's not as important as the *official* govt numbers... I expect the PB to reverse back up here at 75 or 70, worst case 60 ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015Out at 1.1019...maybe a little early but I'll take it. +84p 1W 0L Theoretically this move has much more left (at least to1.11 but it's Friday and time sleep now.
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015I suppose there will be some folks here that are selling at 00 even, but again this move JUST went vertical, the next breath will be at 30 now IMO, it may pause at 1.1010 for a blip, but 1.1030 seems logical now, and 50/60/75 hopeful. this is a ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015that should have been your first sign... the market (those that have the power to move prices) is smarter than you. The market is not collectively all of us. It's BIG money (whales) that trades wholesale and then retail small fish like you and me ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015Big money has been buying dips all day and waited for news and bought more, they're not going to let it fall this time...they are going to push it up and get paid. min high today 1.1010 upper possible 1.1075 if everyone gets in late friday here. and ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015this 950 has been like a magnet to prices understandably so, but being long here it's more like poo attracting flies. There's a small W forming on the 5mn and a massive W forming on the 1mn. Now's the time. Actually took a step back and there's a ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015the news was not brilliant and surprising enough...big money and big analysts have already factored this small retail gain off with lower oil prices, it's ho hum and not reason enough for the fed to counter with a rate increase.
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 201528 to 31 was the base and they just couldn't break it, only news scalpers were in on that and as I said more buying on the dip, watch this thing fly now that the base has been duly tested and untouched.
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
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Pipologist replied Dec 11, 2015I do believe that it's about to go vertical and straight up here on this swing. Or else it will have a violent 20p move down, but unless there is just absolutely brilliant news for the dollar, the base has been formed for now and whoever formed it ...
EUR/USD: IntraDay Scalping and Short Term Swing Trading Only