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EURUSD

  • #6,641
  • Apr 16, 2008 5:44am Apr 16, 2008 5:44am
!.6000 would reach this week... I donŽt think this morning... possibly afternoon
... All good things come to those who wait...
  • #6,642
  • Edited 7:00am Apr 16, 2008 6:18am | Edited 7:00am
I have enter a sell position right now... 1.5929
Target 1.5900 (fib 50% of all the movement of the morning european session)... SL 1.5965... trailing 15 pips weŽll see what will happens... My SL is a little far... IŽll be watching this movement...

IŽll hold this position until 5 min before the news...
... All good things come to those who wait...
  • #6,643
  • Apr 16, 2008 6:50am Apr 16, 2008 6:50am
Quoting kharvell
Time is better spent not trading EUR/USD for the moment. It needs to pick a direction for the serious pips to be made.
it didnt retrace to 15737, so it did gave us the direction already
  • #6,644
  • Apr 16, 2008 7:26am Apr 16, 2008 7:26am
Retiring now ... -4 pips
... All good things come to those who wait...
  • #6,645
  • Apr 16, 2008 7:41am Apr 16, 2008 7:41am
I wouldn't make any short range shorts above 59. A short aiming for the long term (150-500+) against 1.6 and a bit still makes sense to me and it's proper r:r but this starts looking pretty bad for the bears finally.
On the path to Enrichment.
  • #6,646
  • Apr 16, 2008 7:44am Apr 16, 2008 7:44am
Quoting ZeroPip
I have enter a sell position right now... 1.5929
Target 1.5900 (fib 50% of all the movement of the morning european session)... SL 1.5965... trailing 15 pips weŽll see what will happens... My SL is a little far... IŽll be watching this movement...

IŽll hold this position until 5 min before the news...
hehe.. I have op long SL 1.5900.. tp 1.6200.. ts 40pip.. EUR is so strong.. break all the rules.. good luck zeropip...
just follow the trend...
  • #6,647
  • Apr 16, 2008 7:52am Apr 16, 2008 7:52am
would there even be a slight retrace? i have 2 short positions opened 1.5901 and 1.5875.... i really dug myself a hole here. what should i do?
  • #6,648
  • Apr 16, 2008 7:55am Apr 16, 2008 7:55am
i don't know what you talking about i see 1.60 very clear..... let me know.. or i am crazy.....
  • #6,649
  • Apr 16, 2008 7:56am Apr 16, 2008 7:56am
Someone really wants this thing to go up... I'd imagine there are so many shorts still entering and it still climbes..
On the path to Enrichment.
  • #6,650
  • Edited 8:04am Apr 16, 2008 7:57am | Edited 8:04am
Quoting fc3s
would there even be a slight retrace? i have 2 short positions opened 1.5901 and 1.5875.... i really dug myself a hole here. what should i do?
Stop digging.

Edit: GET OUT!!
Take the loss now rather than at 1.6 or wherever it stops.
Follow the long term trend.

I have been where you are and it is not a good place to be.
Still in account recovery with 76% to go to get back to where I started!
Follow the link below, many in this forum have read it, I found it to late.
Up 123 pips closed from last night.
Jacko's Forex House of Pleasure and Pain
Very simple, very profitable, if you follow the rules.
Thanks Jacko.
  • #6,651
  • Apr 16, 2008 8:00am Apr 16, 2008 8:00am
ok, i just closed out my positions. pretty big hit... =(

looking for a good opportunity to enter long
  • #6,652
  • Apr 16, 2008 8:01am Apr 16, 2008 8:01am
i see very clear 1.60 of course i see the next r/t back to 1.5932 late today.... just that is my study.....let me know if you see the same?
thanks
  • #6,653
  • Apr 16, 2008 8:04am Apr 16, 2008 8:04am
hello everybody.
I'm back from the trip.
Good work on the Euro
  • #6,654
  • Apr 16, 2008 8:06am Apr 16, 2008 8:06am
Quoting masterlie
hehe.. I have op long SL 1.5900.. tp 1.6200.. ts 40pip.. EUR is so strong.. break all the rules.. good luck zeropip...
I have tped my all EU longs at R3... No more plans to do Long EU.. looks like it wil be stalled here or wil drop..
Few USD news in 10 minuts.. let see .
anyways.. i am out with Big pips gain..
Will see what will happen..
Best of luck to you
  • #6,655
  • Apr 16, 2008 8:06am Apr 16, 2008 8:06am
Quoting amolina1
i see very clear 1.60 of course i see the next r/t back to 1.5932 late today.... just that is my study.....let me know if you see the same?
thanks
1.6 seems quite likely (though I still have a small short at 5951 just cause I like the r:r too) but if it crosses I see no reason to see below 595 after.. When the dam breaks the river flows... (ussualy a small fast retracing cross first - some stop hunting, then the major cross but a retracement of more than 50 pips looks unlikely..)
On the path to Enrichment.
  • #6,656
  • Apr 16, 2008 8:10am Apr 16, 2008 8:10am
Quoting fc3s
ok, i just closed out my positions. pretty big hit... =(

looking for a good opportunity to enter long
Don't look to enter long. A full day of U.S news today. mostly medium impact, but as bad as the ECB and G7 are talking about the high value of the euro, I wouldn't be suprised if the slightest low impact negative U.S news sent this thing crashing. wait for the retrace, ride it till about 1.5785
All that is left in FF is just plain garbage. "Cloggie"
  • #6,657
  • Apr 16, 2008 8:11am Apr 16, 2008 8:11am
the same ok thanks
  • #6,658
  • Apr 16, 2008 8:12am Apr 16, 2008 8:12am
Quoting Hammad
I have tped my all EU longs at R3... No more plans to do Long EU.. looks like it wil be stalled here or wil drop..
Few USD news in 10 minuts.. let see .
anyways.. i am out with Big pips gain..
Will see what will happen..
Best of luck to you

thanks hammad.. my SL 40 and TS 40.. is enough... if break from top for 40pip.. i'll go short. But for now.. i just follow the trend.. like i said.. when EUR got strong.. she will break all the way.. but I always ready lost 40pip.. I believe my risk is payable... none can guarantee 100% on market.. but i can guarantee 100% that all of us will die.. haha...

keep watch bro..
just follow the trend...
  • #6,659
  • Apr 16, 2008 8:13am Apr 16, 2008 8:13am
Quoting tonyo524
Don't look to enter long.
Only above 1.6 on second crossing.
On the path to Enrichment.
  • #6,660
  • Apr 16, 2008 8:14am Apr 16, 2008 8:14am
Quoting Jurrasic
Only above 1.6 on second crossing.
http://www.forexfactory.com/images/icons/icon14.gif
All that is left in FF is just plain garbage. "Cloggie"
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