Good morning all! I am back from my weekend away and it seems the EUR/USD isn't ready to play yet!
I too have sold EUR/AUD @ 1.4200
Regards,
Dan
I too have sold EUR/AUD @ 1.4200
Regards,
Dan
Are you a trend trader or a counter-trend trader? 29 replies
Trading bounces off daily chart trend lines 13 replies
Trend trading with 55EMAs on the Daily Chart 10 replies
Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies
DislikedGood morning all! I am back from my weekend away and it seems the EUR/USD isn't ready to play yet!
I too have sold EUR/AUD @ 1.4200
Regards,
DanIgnored
Dislikedcommander, while i can see the 4200 line and its signifincance, is this a blind sell or have you seen some pa that i havent?Ignored
DislikedHi coolshades,
No I haven't spotted any particular price action... it's a standard touch trade.
As you point out there is significance in the level and it coincides with the 50% retracement of the last swing down. It is also close enough to the trendline for me (this is an additional sell - as per my daily trading method; so I don't have to worry too much if it were to go up another 100 pips for instance).
Hope that makes some sense!
Regards,
DanIgnored
DislikedHi coolshades,
No I haven't spotted any particular price action... it's a standard touch trade.
As you point out there is significance in the level and it coincides with the 50% retracement of the last swing down. It is also close enough to the trendline for me (this is an additional sell - as per my daily trading method; so I don't have to worry too much if it were to go up another 100 pips for instance).
Hope that makes some sense!
Regards,
DanIgnored
Dislikedon another note, commander, are you loading up on euro at 2450 ish?Ignored
Dislikedcoolshades, maybe this is what the Commander was refering to...........see chart...hope it is clear..............Ignored
DislikedWelcome Commander
I see u have started the party rolling
Sharing my tactics/charts for the forthcoming battle with Commander & the rest of the troopers.
EU - Pending Short @ 1.2650 - 1.2700
GU - Pending Short @ 1.4600 - 1.4650
AU - Pending Short @ 0.8850 - 0.8900Ignored
DislikedOn another note... what are the Germans thinking: http://www.telegraph.co.uk/finance/f...-shorting.html ???
Did someone say parity?
Goodnight dear Euro... the thing that concerns me is what to trade instead! Lol!!Ignored
DislikedDan
i dont understand what this means to the FX markets.... BUT you can always replace it with CABLE..or DeutchMark..or French Franks ..or the many new( old ) currencies that will make a Comeback...
Maggie where are you... are you laughing !!
bazIgnored
DislikedThe Euro always moved so nicely - it just made trading easier!
Perhaps the DM will be a good one when it returns, lol!Ignored
Dislikedi am 100% sure YOU can trade any INSTRUMENT succesfully..after all its just HumanBeings that are trading them .....
take care
bazIgnored