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EURUSD

  • #8,501
  • May 6, 2008 1:22am May 6, 2008 1:22am
I'm long too
  • #8,502
  • May 6, 2008 1:23am May 6, 2008 1:23am
Quoting Ultraman
SL have been placed at +2pips only
diz is for the 2nd time i believe that on forecast
Might close you out during this consolidation right now

or maybe not
  • #8,503
  • May 6, 2008 1:25am May 6, 2008 1:25am
Ultraman, are you going to hedge against if you get closed out?
  • #8,504
  • May 6, 2008 1:26am May 6, 2008 1:26am
Quoting Dabek FX
Ultraman, are you going to hedge against if you get closed out?
What's good to use for hedging right now?
Expected the unexpected
  • #8,505
  • May 6, 2008 1:27am May 6, 2008 1:27am
Quoting Izham
I'm long too
have a good pips on you
Attached Image (click to enlarge)
Click to Enlarge Name: only pivot.gif Size: 26 KB
  • #8,506
  • May 6, 2008 1:29am May 6, 2008 1:29am
closed out

Not sure whether to hedge against this down move
  • #8,507
  • May 6, 2008 1:30am May 6, 2008 1:30am
Quoting Dabek FX
Ultraman, are you going to hedge against if you get closed out?
i'm not hedge trader, if u hedge trader plz come to breeze thread his good in hedging, if my post closed out, i may long again below that price i was enter just now
  • #8,508
  • May 6, 2008 1:32am May 6, 2008 1:32am
Quoting Ultraman
i'm not hedge trader, if u hedge trader plz come to breeze thread his good in hedging, if my post closed out, i may long again below that price i was enter just now
Im pretty new to trading forex so Im still adopting new strategies, and implementing my own. Hedging a good idea? I dont know yet
  • #8,509
  • May 6, 2008 1:33am May 6, 2008 1:33am
Quoting Dabek FX
closed out

Not sure whether to hedge against this down move
duh getting stop loss LOL,
it's climb again,
  • #8,510
  • May 6, 2008 1:34am May 6, 2008 1:34am
haha, Im with you on that
  • #8,511
  • May 6, 2008 1:36am May 6, 2008 1:36am
Quoting Dabek FX
Im pretty new to trading forex so Im still adopting new strategies, and implementing my own. Hedging a good idea? I dont know yet

hahaha EURUSD up LOL
cess better didn't placed SL, if not like diz LOL
  • #8,512
  • May 6, 2008 1:37am May 6, 2008 1:37am
Quoting Izham
I'm long too
pergghh,
nice pips on u dude if u didn't put SL
  • #8,513
  • May 6, 2008 1:38am May 6, 2008 1:38am
Quoting Ultraman
hahaha EURUSD up LOL
cess better didn't placed SL, if not like diz LOL
HAHAHA

got 2 pips instead of 20 pips.. next time it moves down or before PPI we still have a chance at some pips!
  • #8,514
  • May 6, 2008 1:39am May 6, 2008 1:39am
Quoting Dabek FX
haha, Im with you on that
it's climb up almost +21pips
  • #8,515
  • May 6, 2008 1:41am May 6, 2008 1:41am
Quoting Ultraman
it's climb up almost +21pips
AHHH should have put on break even!!
  • #8,516
  • May 6, 2008 1:45am May 6, 2008 1:45am
Quoting Dabek FX
AHHH should have put on break even!!
no more pips for EURUSD
back to GBPUSD and GBPJPY, need to setup new strategy
  • #8,517
  • May 6, 2008 1:47am May 6, 2008 1:47am
Quoting Ultraman
no more pips for EURUSD
back to GBPUSD and GBPJPY, need to setup new strategy
Pound is dieing right now :o

A great many pips to you on the gepy
  • #8,518
  • May 6, 2008 1:52am May 6, 2008 1:52am
Quoting Dabek FX
Pound is dieing right now :o

A great many pips to you on the gepy
EURUSD strong BUY signal LOL
never mind. forex never end, tomorrow never2 placed SL on EURUSD,
if not i'm will ,
Attached Image (click to enlarge)
Click to Enlarge Name: only pivot.gif Size: 26 KB
  • #8,519
  • May 6, 2008 1:54am May 6, 2008 1:54am
Quoting Ultraman
EURUSD strong BUY signal LOL
never mind. forex never end, tomorrow never2 placed SL on EURUSD,
if not i'm will ,
hehe, Im just going to wait for that PPI, jump on the train bank a few pips then go to school
  • #8,520
  • May 6, 2008 1:57am May 6, 2008 1:57am
Quoting Jurrasic
Nah, my shorts are way lower. But then so is the tp.

About the bull, IF it actually goes long, I'll personally wait for current high to be broken, then for 550 broken, then for 570 with the hourly 200 ema (4H ema50) then 5580 and then I'd still not long (mid-term) then I'll wait for 56 and take a long at 5610 till 5695 with sl at 5545. That I believe would be a good and safe high probability long with 65 to 85 pips r:r (or better if there's a move above 57 and I manage to catch it..). That's all IF it goes long...

EDIT: btw, looks like the Daily 50ema is right at 55 now and price failed to close above it, looks like the longer term charts don't lie - this downtrend could last for a while..

Are you still in your short position or got out with the downward swing just now?
Expected the unexpected
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