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EURUSD

  • #7,781
  • Apr 29, 2008 2:39am Apr 29, 2008 2:39am
Quoting scyang
Maybe tonight's US consumer confidence will save euro.
huh no luck, i got floating USD1140
damm it, i'm trade against TDI
  • #7,782
  • Apr 29, 2008 2:42am Apr 29, 2008 2:42am
Hi all

Euro fall because the news Consumer Confidence of Frances is fall

Grasp all lose all
  • #7,783
  • Apr 29, 2008 2:42am Apr 29, 2008 2:42am
Quoting Ultraman
huh no luck, i got floating USD1140
damm it, i'm trade against TDI
What should you do? Hold out and wait for the tide to turn or dump it? What's the general principle in this kind of situation if there is one? That's TDI?
Expected the unexpected
  • #7,784
  • Apr 29, 2008 2:45am Apr 29, 2008 2:45am
Quoting scyang
What should you do? Hold out and wait for the tide to turn or dump it? What's the general principle in this kind of situation if there is one? That's TDI?
what i should do is holding and patience
TDI already show Caution it's may be up soon
  • #7,785
  • Apr 29, 2008 2:45am Apr 29, 2008 2:45am
should be retracing now....hehe
  • #7,786
  • Apr 29, 2008 2:49am Apr 29, 2008 2:49am
I'm almost sure that EU will reverse around 2.00pm GMT. If before will hit 1.5555 it should return. But i think it might be good idea to go even short if some retracement appeare within an hour. If not - I'm back to sleep
  • #7,787
  • Apr 29, 2008 3:10am Apr 29, 2008 3:10am
Quoting Kaligula
I'm almost sure that EU will reverse around 2.00pm GMT. If before will hit 1.5555 it should return. But i think it might be good idea to go even short if some retracement appeare within an hour. If not - I'm back to sleep
it's already touch at 1.5550 hope it's will bounce up
  • #7,788
  • Apr 29, 2008 3:13am Apr 29, 2008 3:13am
I doubt it goes to 1.5438 before a move upwards..
  • #7,789
  • Apr 29, 2008 3:31am Apr 29, 2008 3:31am
Ok.
It's look like no more breakouts.
If anyone long i would stay in position - for me it's time to bed until midday. Then I would expect som proper movement - supposely up.
see U guys
  • #7,790
  • Apr 29, 2008 3:32am Apr 29, 2008 3:32am
who believes me I bought at 1.5987 and 1.5905 and now -760 pips in my account. I really hope it will not go down more. :
what we see depends mainly on what we look for...
  • #7,791
  • Apr 29, 2008 3:35am Apr 29, 2008 3:35am
Quoting EurUsd
who believes me I bought at 1.5987 and 1.5905 and now -760 pips in my account. I really hope it will not go down more. :
It was a very understandable mistake. Everybody was saying euro was supposed to go up way past 1.60. Even this morning so many big name analysts were saying euro was expected to go higher. Then this afternoon, it went against everybody. It jJust underscores how volatile and scary forex trading is. One can get burned very easily.
Expected the unexpected
  • #7,792
  • Apr 29, 2008 3:36am Apr 29, 2008 3:36am
Quoting EurUsd
who believes me I bought at 1.5987 and 1.5905 and now -760 pips in my account. I really hope it will not go down more. :
Where is your stop?
  • #7,793
  • Apr 29, 2008 3:45am Apr 29, 2008 3:45am
Quoting takeprofit
Where is your stop?
I still have only 150% of margin level, thinking to wait eurusd makes some return. if not I will restart.
what we see depends mainly on what we look for...
  • #7,794
  • Apr 29, 2008 3:47am Apr 29, 2008 3:47am
Quoting takeprofit
Where is your stop?
i went long again ang target will see at 1.5700
  • #7,795
  • Apr 29, 2008 3:48am Apr 29, 2008 3:48am
Quoting Ultraman
i went long again ang target will see at 1.5700
Are you sure?
Expected the unexpected
  • #7,796
  • Apr 29, 2008 3:49am Apr 29, 2008 3:49am
[IMG]file:///C:/DOCUME%7E1/MARTHA%7E1/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]My 2 cents,

If this trend line does not break to the up side, I'm ready to go short...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.JPG Size: 122 KB
  • #7,797
  • Apr 29, 2008 3:50am Apr 29, 2008 3:50am
Quoting EurUsd
I still have only 150% of margin level, thinking to wait eurusd makes some return. if not I will restart.
same to me...i think it's may go up after touch at 1.5550
just pray only that it's may bounce up to 1.59
  • #7,798
  • Apr 29, 2008 3:51am Apr 29, 2008 3:51am
Quoting scyang
Are you sure?
yerp, it's already touch at 1.5550 dude
  • #7,799
  • Apr 29, 2008 3:51am Apr 29, 2008 3:51am
me 2, im long,...tp 30 pips,...well to those who have more then 100pips sl,..al i can say is, trade lower time frames,...what is the point of holding a looser, and with all the frustration, that comes with it,...my bigest sl for euro was 100 pips, and i traded dailly charts...
its just money
  • #7,800
  • Apr 29, 2008 3:55am Apr 29, 2008 3:55am
I'm long too now.

We've hit two Daily Fib Short Targets.
First Target = yesterdays low 1,5595.
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