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Trichet and ECB Rate increase.

  • #41
  • Dec 7, 2006 7:47am Dec 7, 2006 7:47am
Quoting merlin
moe that sell after the spike wouldnt have been a bad play at all...
your right but my system told me to hold off and go long, then come back short and get the hell out.
If I Go Broke Trying Then I Will die happy.
  • #42
  • Dec 7, 2006 7:48am Dec 7, 2006 7:48am
Look to yesterday high for euro ?
Hello World
  • #43
  • Dec 7, 2006 7:50am Dec 7, 2006 7:50am
Dollar still in pressure, and trichet already signal rate hike for another?
Hello World
  • #44
  • Dec 7, 2006 7:53am Dec 7, 2006 7:53am
monitor very closely = another rate hike ?
will the audience help us to uncover some clues ?
Hello World
  • #45
  • Dec 7, 2006 7:54am Dec 7, 2006 7:54am
Quoting merlin
moe that sell after the spike wouldnt have been a bad play at all...
also merlin the spike did not happen at the time of my system guide line so i road with the spike. then went short did not hold the short all the way but got some pips from the short.
If I Go Broke Trying Then I Will die happy.
  • #46
  • Dec 7, 2006 7:57am Dec 7, 2006 7:57am
Quoting waf_1988
monitor very closely = another rate hike ?
will the audience help us to uncover some clues ?

Read Post #75 on this thread.
These too shall pass away.
  • #47
  • Dec 7, 2006 7:58am Dec 7, 2006 7:58am
be very careful guys with this one not that easy to predict, don't foreget about tommorow n.f.p.
If I Go Broke Trying Then I Will die happy.
  • #48
  • Dec 7, 2006 8:00am Dec 7, 2006 8:00am
Trichet signal a clear sell euro...Shorting euro right now
Hello World
  • #49
  • Dec 7, 2006 8:02am Dec 7, 2006 8:02am
everthing is falling, 100 pips.
If I Go Broke Trying Then I Will die happy.
  • #50
  • Dec 7, 2006 8:06am Dec 7, 2006 8:06am
Quoting waf_1988
Trichet signal a clear sell euro...Shorting euro right now
get some pips and get out.
If I Go Broke Trying Then I Will die happy.
  • #51
  • Dec 7, 2006 8:07am Dec 7, 2006 8:07am
Wow, no rate hike in february?!
Will it support the dollar?
Hello World
  • #52
  • Dec 7, 2006 8:08am Dec 7, 2006 8:08am
Quoting waf_1988
Trichet signal a clear sell euro...Shorting euro right now
What price did you go short at? Lots of whipsawing action happening...I'ma wait till it settles down then make a trade to iffy here...
  • #53
  • Dec 7, 2006 8:11am Dec 7, 2006 8:11am
"I like surfing on these montains..." and ADX is my ski...
:
  • #54
  • Dec 7, 2006 8:16am Dec 7, 2006 8:16am
Quoting dswk
"I like surfing on these montains..."
:
I'm looking for a range to stay in because both buyers and sellers are camped out on each side of market...So it all depends on where you get in to be successful I think...It proceeds up then goes down again like as we speak its back over 1.3300's when it was down to almost 1.3270's range looks like good support there...Anybody long or short EUR/USD right now?
  • #55
  • Dec 7, 2006 8:26am Dec 7, 2006 8:26am
I'm short EUR/USD TP 1.3200 (preparing for NFP)
Hello World
  • #56
  • Dec 7, 2006 8:27am Dec 7, 2006 8:27am
Quoting tremon333
I'm looking for a range to stay in because both buyers and sellers are camped out on each side of market...So it all depends on where you get in to be successful I think...It proceeds up then goes down again like as we speak its back over 1.3300's when it was down to almost 1.3270's range looks like good support there...Anybody long or short EUR/USD right now?
I went long at 1.3295...went up...now as I type it's going down....I'm hanging on to my long and being patient.

[edit] seems to have resistence at 1.3307
  • #57
  • Dec 7, 2006 8:32am Dec 7, 2006 8:32am
How long does this newscast last - Trichet is going on and on!! any ideas?
mama
  • #58
  • Dec 7, 2006 8:34am Dec 7, 2006 8:34am
It's euro negative as trichet state. Further movement should favor the USD, I don't think that euro will get some support with the trichet says
Hello World
  • #59
  • Dec 7, 2006 8:39am Dec 7, 2006 8:39am
Quoting tremon333
I'm looking for a range to stay in because both buyers and sellers are camped out on each side of market...So it all depends on where you get in to be successful I think...It proceeds up then goes down again like as we speak its back over 1.3300's when it was down to almost 1.3270's range looks like good support there...Anybody long or short EUR/USD right now?
In this kind of market...follow ADX and MA21...they never lies...
  • #60
  • Dec 7, 2006 8:47am Dec 7, 2006 8:47am
i dont use many indicators, but ADX is my favorite.
Relax and be happy.
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