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  • #7,961
  • Apr 30, 2008 6:03am Apr 30, 2008 6:03am
Quoting de123
LOL...definatly LONG...
Let the person who posted the chart answer, along with his/her explanation please.
Expected the unexpected
  • #7,962
  • Apr 30, 2008 6:05am Apr 30, 2008 6:05am
Favour Shorts at this point, wait to see a 30 to 60 pips up move.
1.5573/83 it is good level to enter, but we may see also a new H4 pinbar so price can go to 1.56 again.
If cross 1.5519 we may see a very sharp move to 1.5350.

GL People!
  • #7,963
  • Apr 30, 2008 6:07am Apr 30, 2008 6:07am
Still short guys, stop is at 1.5725, just retracing.

Quoting scyang
Let the person who posted the chart answer, along with his/her explanation please.
  • #7,964
  • Apr 30, 2008 6:07am Apr 30, 2008 6:07am
Quoting BoredToLoose
Favour Shorts at this point, wait to see a 30 to 60 pips up move.
1.5573/83 it is good level to enter, but we may see also a new H4 pinbar so price can go to 1.56 again.
If cross 1.5519 we may see a very sharp move to 1.5350.

GL People!
how about GBPUSD?
  • #7,965
  • Apr 30, 2008 6:10am Apr 30, 2008 6:10am
And not worried a bit
  • #7,966
  • Apr 30, 2008 6:13am Apr 30, 2008 6:13am
Quoting hard1head1
Still short guys, stop is at 1.5725, just retracing.
I think it's a good call.
Expected the unexpected
  • #7,967
  • Edited 6:27am Apr 30, 2008 6:25am | Edited 6:27am
Sorry!
Stick only at one pair, this is my advice!
Learn how the pair you choose move and Learn about Forex Mentoring.
Stay Out at very important days or trade mini trades just for fun, those days of 150 pips either way, these are the days where people win lot of money but not the tiny traders.
I know what I am talking about, already loose one account!!
  • #7,968
  • Apr 30, 2008 6:28am Apr 30, 2008 6:28am
closed longs, now waiting for the fed....:
its just money
  • #7,969
  • Apr 30, 2008 6:42am Apr 30, 2008 6:42am
anybody g short
  • #7,970
  • Apr 30, 2008 6:51am Apr 30, 2008 6:51am
I guess I am in the wrong thread. When I see a 4 hr trend I hang with it long term. I see you guys are pushing for 20 or so pips here. I will leave with no hard feelings, didnt know you were scalping. Good luck

J
  • #7,971
  • Apr 30, 2008 7:10am Apr 30, 2008 7:10am
Quoting de123
closed longs, now waiting for the fed....:
Will you go long just before Fed announcement?
  • #7,972
  • Apr 30, 2008 7:21am Apr 30, 2008 7:21am
slowly bulding positions, curently long 1.55458 (tiny)...i dont know, if they will bring down to much,..would be nice,...
its just money
  • #7,973
  • Apr 30, 2008 7:22am Apr 30, 2008 7:22am
Quoting magictrader
Will you go long just before Fed announcement?
Don't think that's a safe bet. Just got a feeling whatever the FED is going to say will make $ bullish because they can't say anything worse than people are already expecting. The only hope of beating down $ is for the GDP number to be really bad.
Expected the unexpected
  • #7,974
  • Apr 30, 2008 7:39am Apr 30, 2008 7:39am
Quoting de123
slowly bulding positions, curently long 1.55458 (tiny)...i dont know, if they will bring down to much,..would be nice,...
wow,...i wish and it just happen,..+15 pips ...and out again,..and again started at 485 with a tiny....
its just money
  • #7,975
  • Apr 30, 2008 8:10am Apr 30, 2008 8:10am
i am stock at 1.5540 short any advise?
  • #7,976
  • Apr 30, 2008 8:23am Apr 30, 2008 8:23am
Quoting amolina1
i am stock at 1.5540 short any advise?
I would suggest to not trade a tips.
But what about advise - I would wach carefully 1.5576. It's not for SL but it shouldnt go up there without reason.
  • #7,977
  • Apr 30, 2008 8:31am Apr 30, 2008 8:31am
My opinion on this - all these numbers are rigged. There's no way for dollar to strengthen in this fundamental situation, war, debt, housing crisis, unemployment. Euro confidence decreased...big deal... nothing can compare with US situation. I believe we should see a rebound back up.
  • #7,978
  • Apr 30, 2008 8:38am Apr 30, 2008 8:38am
Quoting Hhrp
My opinion on this - all these numbers are rigged. There's no way for dollar to strengthen in this fundamental situation, war, debt, housing crisis, unemployment. Euro confidence decreased...big deal... nothing can compare with US situation. I believe we should see a rebound back up.
You should be right, but.
My tip is only answer for question the guy get back his 18 pips.
So advise is that if price wil break the 5 min channel, it might be a problem. I gave the number where I would expect longer up direction for today.

What about your fundamentals. 4H is enought to see that prie is on the bottom of channel that forms from begginning of april, and fundamentals causing that theres no one who might feel like breaking it down.
Amen.
  • #7,979
  • Apr 30, 2008 8:39am Apr 30, 2008 8:39am
yeat i am under water r now, i was short from 1.5540 ..imaging lets see.
thanks
  • #7,980
  • Apr 30, 2008 8:49am Apr 30, 2008 8:49am
I agree that the price is on the bottom of resistance if to take from beginning of the april. We should just see what happens today and through Friday.
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