EURUSD

Do you ever take the time to actually read the drivel that you post???

I was just going to ask where Acid guy is from and I saw Venezuela LOL

lol, and whats the prob, what noone thought some years, months ago its actually happening. just remember how jim rogers and george soros were called paranoics by some investors and laughed as they anticipated this crisys when more were miopes.

also whats happening now was pretty foreseable, but the commom thought the paranoic were crazy, the ones cant you think outside the box. and you probably cant see it too, is too much for your brain?

i just give my views and trade according to them, what you have to find is something that works for your trading plan and this works really really well for me. tons of pips betting with the curret financial crisis.

while goldman schanz, bnp paribas, lehman brothers were asking their people to short gold at $800 i was buying it with the real thinking.

oh and by the way, did you know george soros remarked yesterday its the end of usa financial system? and a collapse will be worse than 1929 crisis?

are you so deeply moron than cat see it???? its in the way.

but if you have a got a better insight, istruct me. i am open to ideas, i dont put in denial as some nobrainers.

sorry but you probably a newbie, if 95% of the traders are loser and agree in the same idea, you dont have to, i have chosen to think outside the box.
so keep thinking the same way and keep getting what you ve gotten.

right now the problem is too serious, dont bet on the fed, its too serious.
its damn too serious. and today seeing the stkock market dont reacting to the crazy fed rate cut, is ugly, really ugly!.

the final opinion : if you think everything is fine and i am not crazy, why dont go buy some of your nation usd, and short gold, silver and any other commodity?

bet in the future of your country, do it

I agree with Not buying USD right now but I don't know about blaming the american consumers for the entire worlds financial downfall.

I am making pips too and have made money by buying gold and selling the US dollar.

Sorry if I affended..but when someone blames the US for the worlds financial downfall I am curious to know what country they are from

LP

yeah, agreed. the ecb is reacting irresponsable too against usa. their commentaries out of tone are affecting many things. investors confidence, confusion and many other things.

also i have not they just blame the fed and usa for excesses when they also have enjoyed, bought and prospered with the usa deficit, but they just keep blaming the fed and usa consumers. i even say they are playing as the bad guys trying to eat usa investors saying their fundamentals are better and usa really weak. which i dont think its the total real thruth.

yesterday usa rate cut even helped them to bailed out some of their problems even when they dont admit it, i think usa is taking the pain of the hole world right now as is trying to save the world from a collapse, and that its obvious.

i would not like also have usa crashed, even when i am in venezuela, and the goverment dont admit it, we are totally dependent on usa health, to sell oil and buy things with the usd we earn.

lets hope central banks start working together and avoid this mess, but also we dont have to forget russia, china, iran and other communist countries have a hidden agenda and want to benefit politically from this crisis.

but lets hope the best.

U.S. economy weakened, but also Europe's economic impact by the United States. The euro should change in the trend of the last two months.
I see 1.4200

Pin bar on the weekly.... a gamble to try to catch it early, but definitely could be in the making.

The Fed's emergency rate cut yesterday
it changed the EUR behavior as soon as it happend

We just got a nice jump back above 1.4700 it looks like we are now in an upward bias movement especially with the break of the trendline resistance. Currently we might be in an upward trend on the four hour charts showing a trendline support level near 1.468ish area. I have decided to place a Long order at 1.4725 with a SL at 1.4600 and a PT at 1.4950. I also believe with fundamentals appearing weak for the USD we may have a third chance of reaching 1.5000 but in order to ensure profit on this trade, I decided to reduce the exit point to 1.4950.

we are going for 1,50 and ecb officials seem to be happy.
their need is to fight inflation and they dont do it with a cheap currency.

1.60 is looking like a done for some months ahead.

i posted the following in another thread... and decided to post here too

not sure about long anymore today

we are at a very crucial level.. we might see the high for today..

perhaps a move 1.50 might start next week.

very very overbought in smaller timeframes as well.

agreed.
short 1.4730 tp 1.4650 sl 1.4780

my opinion : not more upside for today, stocks are faltering. made a short with a minilot for testing purposes, maybe it pays next month rapidshare account .

next week probably run above 1.50 as fed slash rates.

Looks like this is the run for 1.50 to me too. Im in.

Edit : CLosed long...I'll take the pips and look again later. Never know what might happen next.

lol. 1 pip and sl touched. dang!. luck, the resistance reacted well.

What do you guys use for SLs on the EU ?
How bout TSs ? (trailing stops)

going for 1.4650 - 1.4675 highs. probably to validate uptrend.

1.4780 resistance acted well. now it must fall bellow that or it can somehow dangerous for euro bulls.

i am in a trade cause the rush it feels but is recommended to stay aside of betting in favor of the usd.

better opportunity, ucad. have went down about 300pips in a short period of time.
also long there since 1.0020 targeting 1.0100 in a few hours before, before asian stocks close.

1.0015 was key, and it was refused. also canada is angry at the strong currency, canadian buck is poised to fall. BOC wants it.
their economy has been contracted a lot by this,
so i think its a great opportunity before the next when probably fed meeting slashes rates again.

I rarely use either. I just babysit my position and exit when I think the time is right. I prefer if my broker doesn't know exactly what my intentions are.

when trading, what do you guys/gals use for SLs with the EU ?

I backtested things a bit with my scalping system.
Seems a 25pip SL and 30pip TS worked well.
Escpecially on these days it's moving alot.

Tuesday would have yeilded 536 pips off the EU...... damn, why didn't I look into this pair earlier.

just not digging the volatility of the GY.....all over the map.

Interesting...... yeah, I've been fairly unpleased with IBFX as of late myself.

In this day we should be paitent to see the 1.5!! It's up to you about your tp but I'm waiting.