huhu..i'm already started buy on EU during pullback ... after fast dropping .

currently there is 60% more traders were holding their sell trade on EU ...waiting for banks to make their move on this .



from forexfactory website

i think banks already make their moves. they accumulate their position on Mon-Wed, pull their REAL move on Thursday
tomorrow is friday, a profit taking taking (distribution phase) or lets see if they are greed enough

see how banks trade against retail traders. when retail traders start buying.. they sell
to trap retailers into buying, they make market slightly uptrend from Mon-Wed. On Thursday.. BOOM!!
i see this pattern every week.. just that cant really predict whats on their mind

USDCHF

How about today??GU will up or down again??

how am i suppose to know. just dont follow the crowd
today is the day the bankers celebrating the 200 pips gain yesterday, shud be quite day

yup even for pro trader don't have any knowledge on this ...unless there is inside-man with federal reserve or people from FOMC or ECB , can give us insider news or trade secret :-)

for NFP storm tonight , we need to wait and see ..need to trade before news came in , not during or after news happened ...

This post has been edited by kevler: Nov 8 2013, 11:25 AM

few hours before the NFP release, there will be new high or low of the day

hey there,

one question, where did u get the charts that has the buy and sell % ?
want to know la

Alright guys, its almost NFP. The ECB has lowered their bank rates whereas the BOE retain theirs. US has some good news derived from their GDP figures, although closer look show that it is now as impressive as some think, it still show that they are recovering very slowly.

So, anyone going Long EU? how about GU?

still long on GU..TP 1.6175 tonite

EUR/USD H4



1. MAIN + ALT COUNT WEEKLY & DAILY masih bergerak seiringan.

2. Critical Level 1.31039 menjadi penentu EU akan ke bulan atau menyelam ke dasar lautan.

3. Ape2 pon tunggu wave A ni complete dulu untuk gambaran yang lebih jelas.

happy trading

This post has been edited by apengfx-: Nov 8 2013, 05:10 PM

back testing for a few months for now
Guess suit my style of trading better
Going short AUD/USD
Going long for GBP/USD

This post has been edited by KeroroQ: Nov 8 2013, 07:20 PM

just found this thread.
losing like hell yesterday.
need to recover back.
are u sure long GBP/USD?

Based on my stoch and rsi, should have
a reversal coming soon

hmm..

so what is your prediction for this coming NFP?

Me?buy eu.but tayor bos

I am going south on EU ... guess i am the odd one from the lot

I'm going to test this system too. Lazy to spend time check the chart hourly, planning to trade longer time frame abit.

The EMA you guys mentioned here, a quick search lead me to "Exponential Moving Average". So EMA is not the built in indicator "Moving Average" right?

haha.. any reason why u choose going down?