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EURUSD

  • #9,721
  • May 22, 2008 7:51am May 22, 2008 7:51am
u guys think its safe to open LONG now? seems hard to go lower than 1.57....
  • #9,722
  • May 22, 2008 9:17am May 22, 2008 9:17am
Quoting bustahoodz
u guys think its safe to open LONG now? seems hard to go lower than 1.57....
Sure, long here and stop below the lows. If you loose it wont be much.
  • #9,723
  • May 22, 2008 9:26am May 22, 2008 9:26am
Quoting MackS10
Sure, long here and stop below the lows. If you loose it wont be much.

i dont think long is a good idea now

we will see 1.5630 area
  • #9,724
  • May 22, 2008 9:30am May 22, 2008 9:30am
Quoting warta
i dont think long is a good idea now

we will see 1.5630 area
n d reason is....
  • #9,725
  • May 22, 2008 9:41am May 22, 2008 9:41am
Im still holding my position long.
  • #9,726
  • May 22, 2008 9:41am May 22, 2008 9:41am
Quoting bustahoodz
n d reason is....
Attached Image (click to enlarge)
Click to Enlarge Name: ch1.gif Size: 15 KB

4 h candle close below the gann hi lo blue line mean short direction with a small retrace to 5 sma
continue the channel move a breakout can be or to rebounce and contine the up trend @ 1.5630 area
  • #9,727
  • May 22, 2008 10:01am May 22, 2008 10:01am
Long is always a good choice. I am waiting for it to drop another good 30-35 pips and am buying too.
  • #9,728
  • May 22, 2008 10:09am May 22, 2008 10:09am
Quoting Pirin
Long is always a good choice. I am waiting for it to drop another good 30-35 pips and am buying too.

630/640 will be a gr8 area to load long
  • #9,729
  • May 22, 2008 10:20am May 22, 2008 10:20am
im shortin dis pair for 20 pips... at 1.5710 tp 1.5690, let c if it hits....
  • #9,730
  • May 22, 2008 10:38am May 22, 2008 10:38am
In my case,, price would have to consolidate until the London open b4 a move up..
Attached Image (click to enlarge)
Click to Enlarge Name: pipsrus2.GIF Size: 28 KB
  • #9,731
  • May 22, 2008 11:02am May 22, 2008 11:02am
Hey guys im really new to all the stock market, so im gonna go ahead and ask and i hope u can give me ur views and advices.. OK i took EUR/USD at 1.5750 (buy) is it a good order? its already down to the figure, i cant close it cuz its only a 100$ account :S
any advices/thoughts/views?
  • #9,732
  • May 22, 2008 11:18am May 22, 2008 11:18am
Quoting zxr
Hey guys im really new to all the stock market, so im gonna go ahead and ask and i hope u can give me ur views and advices.. OK i took EUR/USD at 1.5750 (buy) is it a good order? its already down to the figure, i cant close it cuz its only a 100$ account :S
any advices/thoughts/views?

dear zxr

1st of all wb to the forum between ur brothers , but i dont think we can give calls here
all what we can do is to give our personal view and its for you to follow your chart only
set your strategy and follow your chart and sure you can read the comment and the explanations here inthe forum so it can help you to take your decision
regards
  • #9,733
  • May 22, 2008 11:27am May 22, 2008 11:27am
I trade this pair 2 years now.i dont post much in the forums but i must warn especially the unexperienced ones that we must sit and WAIT.All the money right now are in other markets (oil) .
Keep the money for better days ...
  • #9,734
  • May 22, 2008 11:33am May 22, 2008 11:33am
I'm looking for a retrace to the 1.5670 area, and i beleive it will consolidate between the 1.5670 - 1.5690 range before moving up again. Its hovering around the 61.8 fib level atm, so in my opinion going long between 1.5670-90 area is a good idea.


Just my opinion good luck
  • #9,735
  • May 22, 2008 11:34am May 22, 2008 11:34am
Quoting panos69
I trade this pair 2 years now.i dont post much in the forums but i must warn especially the unexperienced ones that we must sit and WAIT.All the money right now are in other markets (oil) .
Keep the money for better days ...
cud u plz explain further wat u mean by "all d money r in other markets (oil)"...
  • #9,736
  • May 22, 2008 11:43am May 22, 2008 11:43am
I mean that in order to make money in any market you have to follow the big guys (the money that moves the markets).Last days the big guys are focused in crude oil market and the gold market.As you have noticed the E/U,G/U,U/J the last days have moved only during the news ...
  • #9,737
  • May 22, 2008 12:15pm May 22, 2008 12:15pm
Quoting panos69
I mean that in order to make money in any market you have to follow the big guys (the money that moves the markets).Last days the big guys are focused in crude oil market and the gold market.As you have noticed the E/U,G/U,U/J the last days have moved only during the news ...
Still not sure what you're trying to say.
  • #9,738
  • May 22, 2008 1:37pm May 22, 2008 1:37pm
long take care maybe we will see a bounce from the 5 sma on 4 h chart
  • #9,739
  • May 22, 2008 1:41pm May 22, 2008 1:41pm
Quoting warta
long take care maybe we will see a bounce from the 5 sma on 4 h chart

do u think it'll still drop to wher u previously mentioned? coz i think it jus make a big u turn...
  • #9,740
  • May 22, 2008 1:51pm May 22, 2008 1:51pm
Quoting bustahoodz
do u think it'll still drop to wher u previously mentioned? coz i think it jus make a big u turn...
normaly it has to drop to the 1.5630 area mean to the low trend in the channel but who know .. no one can control the market am not taking any position now but waiting the 1 h candle to close as we have a OB on the 4 h cart
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