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  • EURUSD: Preparing to Re-Enter Short Position

    From dailyfx.com

    Read Full Story at dailyfx.com

    We re-entered short EURUSD at 1.2595 and addedto theposition at 1.2274 for an average entry price of 1.2434. The trade was closed out with a small gain (36 pips) earlier this week as prices closed above our revised stop-loss at 1.2389. Prices are now edging lower after putting in a Spinning Top candlestick below falling trend line resistance set from mid-June, a barrier reinforced by the 50% Fibonacci retracement at 1.2394. Initial support at the 38.2% Fib (1.2311) appears to have been narrowly breached and sellers are now aiming to challenge rising channel support at 1.2214. We will look for a daily close ... (full story)

    • KevinThomas

      361 posts
    • Is this bullshit new??? lol but for me, I also think a bad day for EUR at the end of the week!! I also entered short EUR too.

    • Guest

      IP XX.XX.14.146
    • I hope more go short...I need someone on the other side of my long entries.

    • greendiesel

      273 posts
    • have you ever wanted to know where the extremes are in market... it's now when the novis are selling , big boys are buying.. please do the oposite to the news , you might just make it in trading . 95% of us don't make it..

    • KevinThomas

      361 posts
    • Quoting greendiesel
      have you ever wanted to know where the extremes are in market... it's now when the novis are selling , big boys are buying.. please do the oposite to the news , you might just make it in trading . 95% of us don't make it..
      What a nice rule!! But not exact for 100% bullshit news.

    • greendiesel

      273 posts
    • shit never read the news just know when it coming ,understand price is doing leading into news (hint) price dynamics and price action doe's the rest..

    • Trader88q

      755 posts
    • Well well well ! what brokers are standing behind that daylyforex.com???? a? tell me !

      after that i can stronglly say there is a rumor that euro will long sharplly today.

      daillyforex is giving a fake info in order to burn your money . happy brokers will be.

    • Trader88q

      755 posts
    • looks like some secret info is leaking

    • Guest

      IP XX.XX.145.17
    • dailyforex = fxcm

    • Yao

      499 posts
    • most analysts are never definite about anything, if you read the article closely, I am sure they say long somewhere. lol

    • Guest

      IP XXX.XXX.36.213
    • WTF with euro.. down down down down down.. until collapse.. until finish.. so pity..

    • Guest

      IP XXX.XXX.36.213
    • nowadays, selling euro against usd is the only good way to earn money, even the new york city taxi driver also know this money earning method.. wuahaha..

    • Guest

      IP XXX.XX.40.20
    • "You Go Down There" - movie clip 'Little Big Man

      http://www.youtube.com/watch?v=xWGAdzn5_KU

    • Exodus

      1,222 posts
    • Hey you guys ever hear of MF Global? They were white label broker using FXCM trading platform. MF Global made serious bungle trading forex and lost their customers' money. ...I think customers got most of it back but MF Global is no more.

      Whose money is behind the trades on Daily FX ??

    • Exodus

      1,222 posts
    • The real gem from this news thread.
      Quoting greendiesel
      nothing ever 100% in this business

    • Guest

      IP XX.XXX.48.208
    • Rule #420: Avoid free advice. Specially from your broker.

    • Loadedgun

        3,197 posts
    • On the face of it looks like these FX pros - just sold a bottom. wata loo
    • Aug 10, 2012 8:31pm | Edited Aug 11, 2012 3:37am
    • #25
    • Quote

    • mima

        2,477 posts
    • It says that every man has Loadedgun...to trade better...

    • Henryfx

      19 posts
    • LOADEDGUN. when search the forum, always want to know if you ar there and how you see the market. You have a lot of secret followers so always make it clearer till you creat your own blogline. NWA NAIJA

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