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shellsnail replied Nov 3, 2013ahhaha 170 pips ... up maybe, give it 2-3 days, im looking to short at 1.36, tgt 1.27 and 1.20
EURUSD
- shellsnail replied Nov 3, 2013
huge up move coming soon imo. (but im not going long a third wave down - it can vomit anytime, all your indicators in the world wouldn't work)
EURUSD
- shellsnail replied Nov 3, 2013
Everything works, yet everything doesn't work. What works is risk management.
EURUSD
- shellsnail commented Nov 3, 2013
rather I think it's algo that dumped euro, tripped a few stops, but ultimately it was targeting liquidity (buyers) at 1.344 level.
Euro getting hit
- shellsnail commented Nov 3, 2013
I reckon this is targeting weekly pivot and then gonna drop hard for 800 pips the next few weeks.
Euro getting hit
- shellsnail commented Nov 3, 2013
Funny you think it's stop losses down there. I reckon they were buy limits. Basically prices are cutting through the rest of the range because there are no buyers at those levels simple.
Euro getting hit
- shellsnail replied Nov 1, 2013
lol.. the downside can easily play out if by any chance the correction in GBP is complete and we get the follow through, but I doubt it. looks like a wave 3 of c, up (tiny one) in GBP gonna come soon by next week. This C wave is probably a fantastic ...
Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Nov 1, 2013
still too early! watch for the bounce next today- wednesday! don't mind missing the first part of the move, as long as I get a good retrace entry
Exit and took profits better than watch profits disappear on a more than expected retrace. euro ...Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Nov 1, 2013
yeah, C wave down in JPY, and from the looks of it, seems like euro is starting an impulse to the downside - could break 2012 lows. (FOR NOW) pound on the other hand is, just going to do a C wave DOWN soon, but not after it shoots up a bit more ...
Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Nov 1, 2013
gbp is such a toss up now! look at euro, going down again! image
Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Nov 1, 2013
Depends on how long you've been trading? Based on your replies, seems like you have just started and is still experiencing the newbie glow of forex (please correct me if I am wrong). It takes work, lots of work to make trading a full time ...
Is trading really that hard?
- shellsnail commented Nov 1, 2013
lol? isn't this a GIVEN for NDD brokers? why are they getting props for doing this.
cTrader gets fully transparent with orders through fills
- shellsnail replied Nov 1, 2013
haha gosh, turns out GBP WILL make higher high next week BUT, nothing stops a 3rd wave move in yen man... let these people go long, that is how 3rd waves EXTEND Short 3rd wave Retail buys ??? = Profit!
Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Oct 31, 2013
good luck. imo, too early to short pound. wait next week better.
Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Oct 31, 2013
in case anyone else followed this, i'm out on that drop, pound setting up for a huge move up it seems
Geppy's Geppy Thread (GBP/JPY)
- shellsnail replied Oct 31, 2013
Maybe we wouldn't hit 500 pips but I wouldn't be surprised to see 300 pips range today.
EUR/JPY Trading Room