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  • #7,161
  • Apr 24, 2008 8:52am Apr 24, 2008 8:52am
Quoting emda
maybe because we are all scalpers

who from here is maintaining euro long from less than 1.50 for example? I guess nobody.
i am keeping it from 1.31...and i dont think iam the only one...still i dont see a reversal yet...and this position ill never closed...how is that possible u ask...
its just money
  • #7,162
  • Apr 24, 2008 8:55am Apr 24, 2008 8:55am
Quoting emda
maybe because we are all scalpers

who from here is maintaining euro long from less than 1.50 for example? I guess nobody.
emda,

You're alright in my book.

Your definition of scalp is pretty all encompassing. My definition of scalp is someone who holds their trade less than 15 minutes. Regardless, you're right. My point was that it's quiet around here when everyone is losing, and busy when people see movements. Basically, everyone wants confirmation that they're not going to lose, so they post their trades. If all it takes is someone else's opinion to confirm your position then you are not trading correctly.
  • #7,163
  • Apr 24, 2008 8:56am Apr 24, 2008 8:56am
Euro can head to 1.5800 in an hour if New Home Sales are worse than the expected 580k.

And slide to 1.5600 in an hour from now if the stats are favourable.

As I write it's doing 1.5710.
pips r jumpin n the euro is high..
  • #7,164
  • Apr 24, 2008 9:01am Apr 24, 2008 9:01am
I don't trade in days like today... and that's why I have more time to post here... if you don't see me here is because I'm making pips.
  • #7,165
  • Apr 24, 2008 9:04am Apr 24, 2008 9:04am
bad news for usd...

give me back my euros..
  • #7,166
  • Apr 24, 2008 9:05am Apr 24, 2008 9:05am
maybe starts to form a triangle consolidation for the rest of the day...
  • #7,167
  • Apr 24, 2008 9:06am Apr 24, 2008 9:06am
Quoting Jurrasic
Hey hey, it only fell for a couple of days and people are already looking for a larger trend shift ? It broke 1.6 3 days ago remember ?
If I had to guess I'd say it might go some more south 56-55 but then come back north HARD past 1.6. Of course, remains to be seen what happens with the fundumentals, they could change things. I'd only start talking about a transition to ranging below 1.53 and trend reversal below 1.5..
Oh it can go to 1.5 , look at longer perspective...green ascending trendline . But in very very long term is still bulish you're right
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  • #7,168
  • Apr 24, 2008 9:15am Apr 24, 2008 9:15am
Quoting de123
i am keeping it from 1.31...and i dont think iam the only one...still i dont see a reversal yet...and this position ill never closed...how is that possible u ask...
congratulations for that.
now is when you think.. oh if that 1.31 trade would have been with the leverage of a scalp trade....
  • #7,169
  • Apr 24, 2008 9:15am Apr 24, 2008 9:15am
looks like don't want go up......
  • #7,170
  • Apr 24, 2008 9:18am Apr 24, 2008 9:18am
Quoting HarshFX
I figure that the rest of the news for today regardless of the outcome will give usd a reason for further correction before it decides if it's heading back to 1.6xxx
Not saying I'm better than anyone here but I predicted this like 7 hours ago.
  • #7,171
  • Apr 24, 2008 9:22am Apr 24, 2008 9:22am
Quoting emda
congratulations for that.
now is when you think.. oh if that 1.31 trade would have been with the leverage of a scalp trade....
so true
  • #7,172
  • Apr 24, 2008 9:22am Apr 24, 2008 9:22am
Quoting HarshFX
Not saying I'm better than anyone here but I predicted this like 7 hours ago.
hhrmm, EU drop again my profit swap out,,,
damm shit,
  • #7,173
  • Apr 24, 2008 9:23am Apr 24, 2008 9:23am
Quoting HarshFX
Not saying I'm better than anyone here but I predicted this like 7 hours ago.
congratulations...
but I will remind you also if you are wrong in the future...
  • #7,174
  • Apr 24, 2008 9:25am Apr 24, 2008 9:25am
Went Long for fun @ 1.5700 S/L 1.5669 T/P 1.6000
  • #7,175
  • Apr 24, 2008 9:25am Apr 24, 2008 9:25am
Quoting emda
congratulations...
but I will remind you also if you are wrong in the future...
agree
  • #7,176
  • Apr 24, 2008 9:56am Apr 24, 2008 9:56am
Quoting kharvell
Went Long for fun @ 1.5700 S/L 1.5669 T/P 1.6000

FOR FUN U SAID? U CAN'T BE SERIOUS, OR U'VE MADE ENOUGH DOE
PIPS AND PIPS ONLY... + OF COURSE
  • #7,177
  • Apr 24, 2008 10:10am Apr 24, 2008 10:10am
Quoting kharvell
Went Long for fun @ 1.5700 S/L 1.5669 T/P 1.6000
You were just fine until I bought it.
  • #7,178
  • Apr 24, 2008 10:11am Apr 24, 2008 10:11am
It's an hour since my earlier post.

526K is much worse than the predicted 580K in new home sales.

Euro shot up to a high of 1.5747 but started retreating.

Now it's doing 1.5672!

The bulls are not in play.
The bears are.

So? My prediction was wrong.
pips r jumpin n the euro is high..
  • #7,179
  • Apr 24, 2008 10:17am Apr 24, 2008 10:17am
Waiting for a nice retrace now for the next few days which should be shorted for new lows in the comming weeks.
Cheers.
  • #7,180
  • Apr 24, 2008 10:18am Apr 24, 2008 10:18am
Quoting summertime
It's an hour since my earlier post.

526K is much worse than the predicted 580K in new home sales.

Euro shot up to a high of 1.5747 but started retreating.

Now it's doing 1.5672!

The bulls are not in play.
The bears are.

So? My prediction was wrong.

yes.. but that's an alert... that the US recession is still there... so be careful
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