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-   -   EURUSD (https://www.forexfactory.com/showthread.php?t=10372)

SpecialEd Nov 6, 2008 7:19am | Post# 43741

I stand corrected
 
They droped 1,5% from previous
Sorry eddiemiller. I misread the FF page. They were expected to drop it a half but dropped it 1 1/2. I'm deleting that post to prevent further confusion.


altrader Nov 6, 2008 7:20am | Post# 43742

today sux...i'm out for the day..

edit: I lost yesterdays gains for me...bah.
whoosh...I got my gains from yesterday back just now.

Now I'm at break even point for the day at $0.

So now I'm basically begining my trading session from now.

StefanoProdi Nov 6, 2008 7:22am | Post# 43743

I think we will see a hell of a ride in next hours. ECB with its price stability priority probably wont be daring as Darling and company at the BoE... Hm... All the macroeconomics goes down the toilet as a rate cut in GB makes pound stronger... If we see larger than expected cut in ECB, we just might see a positive reaction in the market, due to large growth concerns... I am eyeing for a 0,75% cut. I am bullish with a micro-news lot long since 1,283.

cobraforex Nov 6, 2008 7:22am | Post# 43744

GBPhttp://www.forexfactory.com/images/m...mpact_high.gifOfficial Bank Rate
http://www.forexfactory.com/images/m...etail_star.gif 3.00%
4.00%4.50%

That was the reason.
Was also the reason for to get up early for me

SpecialEd Nov 6, 2008 7:26am | Post# 43745

GBPhttp://www.forexfactory.com/images/m...mpact_high.gifOfficial Bank Rate
http://www.forexfactory.com/images/m...etail_star.gif 3.00%
4.00%4.50%

That was the reason.
Was also the reason for to get up early for me
Good morning Cobra.

TIckerShuffl Nov 6, 2008 7:29am | Post# 43746

Looking at my trade log and my buy and sale of AUDUSD...sick to my stomach for missing yet another run.

I am losing my conviction either way.

eddiemiller Nov 6, 2008 7:32am | Post# 43747

GBP/USD

EUR/USD

both look almost the same!

UK card sales are down 23% (just released)

cobraforex Nov 6, 2008 7:35am | Post# 43748

Good morning Cobra.
Good morning Ed and all other traders, hope you got some pips on that fast drop.

schandi Nov 6, 2008 7:37am | Post# 43749

Good morning Ed and all other traders, hope you got some pips on that fast drop.
why is it not dropping

Pride Nov 6, 2008 7:38am | Post# 43750

This level continues to provide support, it's becoming important... this could be the preparation for a bounce... or simply it wants to range from this support and resistance forever

Dealgone Nov 6, 2008 7:40am | Post# 43751

why is it not dropping

A rate cut in these difficult days could be interpreted as good news and Euro could go up.
But I will not gamble. I will stay aside.

cobraforex Nov 6, 2008 7:42am | Post# 43752

1 Attachment(s)
A view to the scalp version of the Turhovach system.
Still not ready for realease but I'm working on it. It works on 1M.
Showed a nice entry on this drop.
Click to Enlarge

Name: scalpturho.gif
Size: 28 KB

cobraforex Nov 6, 2008 7:44am | Post# 43753

why is it not dropping
It was dropping, was good for a fast scalp of 60 pips because it was GBP related.
Watch out in 1 min the ECB rate.

eddiemiller Nov 6, 2008 7:46am | Post# 43754

ECB .5% cut confirmed.

cobraforex Nov 6, 2008 7:51am | Post# 43755

It was dropping, was good for a fast scalp of 60 pips because it was GBP related.
Watch out in 1 min the ECB rate.
Another 80 pips, done for the day.

altrader Nov 6, 2008 7:53am | Post# 43756

good gollyness


eddiemiller Nov 6, 2008 8:16am | Post# 43757

LOL - got trashed on the bounce.

Long term looking very "up and down" for the rest of the week.

TradeWell Nov 6, 2008 8:18am | Post# 43758

A view to the scalp version of the Turhovach system.
Still not ready for realease but I'm working on it. It works on 1M.
Showed a nice entry on this drop.
Good morning all.

I was watching the 1 min yesterday for the THV system as well. It looks good, but sometimes there are too many head fakes. On the other hand there are more good opportunities than on longer TF's. Maybe you can figure it out a little better. Keep up the good work!

Driver55 Nov 6, 2008 8:22am | Post# 43759

Guys,
CMSForex today has changed the spread on EURUSD and USDJPN from 2 pips to 5 pips.
Have your broker changed the conditions?


SpecialEd Nov 6, 2008 8:23am | Post# 43760

Trade it on the M5
 
Good morning all.

I was watching the 1 min yesterday for the THV system as well. It looks good, but sometimes there are too many head fakes. On the other hand there are more good opportunities than on longer TF's. Maybe you can figure it out a little better. Keep up the good work!
Cobra, TradeWell's right. I've been trading that system for about a week. Splendid results on the M5, which if you recall was similar to Turhovach's 25-ticker chart (if memory serves). I looked at M1 yesterday and did not like it. Too much noise, and as TW says, head fakes.

My two cents...


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