Sell Eur/Usd

[nuaing]

I almost agree with you Noor, except an upside risk if closing between 1.2020-1.2075 still uncertain

[boldrik2]

Hi

I must write post at this moment as this thread is one of most interesting I ever read. I have been I think in most standard evolution regarding search for holly grail (from beginner level Japan’s candlestick then indicators, divergence’s , trading systems, classic support resistant trading , signal providers, …) but with not one I could make constant money. (I hear you and money management?)

However as one legendary member like to say –to make long story short- I am right now at page 112 and it will take while to read the rest. My question is : I am interested in time as principle in trading (Delta , Market matrix..) combined wit tool which will give accurate levels (as possible ) for trading, does any body can recommend good thread or another forum?

(Sorry for probably bad English)

Best regards

[humax]

There is no such thing as the Holy Grail.
But still, everybody is hoping to find it.

Believing in things we can not see or grasp is very human.
You can call it hope or goal.
We would be lost without it, but we could lose trying to reach it.

Understand what I am trying to say?
If not, doesn't matter. Forex makes me also very confused.

[boldrik2]

It depend what you consider that Holy Grail is. I think reliable system indicator whatever (even god filling) but RELIABEL. As far as I experienced iris recommendations were pretty much reliable but also James was in another sense.

(right now @183pg. that’s for today )

[GDB]

Originally Posted by FXscalper

Mafioso...was your stop at 2150 still....I bet you're busy scaling

Sarcasm/the condescending last bit was not necessary.

[Noor]

Originally Posted by nuaing

I almost agree with you Noor, except an upside risk if closing between 1.2020-1.2075 still uncertain

Hello nuaing...

Lets say the Market fundamentals are like a rope... the Market in 2005 was mainly focusing at the end of this rope which I believe is the interest rates... after the last interest rates statement... The Market has turned it's focus to the beginning of this rope which I believe is nonfarm payroll data and the unemployment rate... Breaking back 1.2115 level on friday was a major move here,, and the big money was in this one... that type of data that showed up on Friday would not have given you that kind of Big money positioning if we were in 2005 now... This means that the big money is reversing their Market outlook by taking it from the beginning of the rope,, The Big money is now looking on where to place their bits by viewing the beginning of the rope that will lead onto the interest rates decision...


Now to anwering your question: Closing within 1.2020<>1.2075 will signal The big money positioning at an early stage... And a south move/south correction will most likely be the move for at least the bigenning of the next week testing/attempting breaking technical levels,, where as the Market will realise how much bit the big money are placing by looking at certain technical levels and see if the Market can break them or not... If not then The Market will realise that the big money did not yet add the enough number of positions to break these technical levels so it will reverse north again looking for better sell zones for the big money to place their bits at... and if the upcoming data from the beginning of the rope are good then they will place their bits at an early stages,, and if the data is bad the Market will pull it self back testing levels of where the Big money have placed their bits... for a none ending cycle to form the direction of the Market... short/medium/long term...

I hope I made my self understandable on my Market perspective...

[FxBlaster]

Originally Posted by humax

There is no such thing as the Holy Grail.
But still, everybody is hoping to find it.

Believing in things we can not see or grasp is very human.
You can call it hope or goal.
We would be lost without it, but we could lose trying to reach it.

Understand what I am trying to say?
If not, doesn't matter. Forex makes me also very confused.

yes i agree with you on each and every word you wrote good thinking.

[nuaing]

Hello Noor,
what can i say.. that was very Logic, Thank you for your advise.
Have a Nice Weekend!