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EURUSD

  • #16,601
  • Jul 29, 2008 7:53am Jul 29, 2008 7:53am
Quoting uncleforex
That's not the way to trade.
why ?
  • #16,602
  • Jul 29, 2008 7:59am Jul 29, 2008 7:59am
Quoting 5ysfx
why ?
Back to school....here's a link for you..

http://www.forexfactory.com/forumdisplay.php?f=56
  • #16,603
  • Jul 29, 2008 8:02am Jul 29, 2008 8:02am
Quoting Shadowfx
Back to school....here's a link for you..

http://www.forexfactory.com/forumdisplay.php?f=56
even better babypips...
  • #16,604
  • Jul 29, 2008 8:05am Jul 29, 2008 8:05am
Announcement--It is now official...my current trading methodology sux

lol..
  • #16,605
  • Jul 29, 2008 8:07am Jul 29, 2008 8:07am
I'm out, nice pips to all. I'd watch out from taking longs. What's wrong with waiting for a break of 5770 ? Sure you might miss a few extra pips but this jolly bull spirit around here sounds a bit too cocky to me. If all people wanted EU high up there it's strange that it fell again after setting a new high above 1.6. Remember all those banks saying Euro should go down this year. Better trade what really looks likely.
On the path to Enrichment.
  • #16,606
  • Jul 29, 2008 8:14am Jul 29, 2008 8:14am
We are all here to learn and hopefully there are those out there that will guide those of us seeking it.

When I wasn't long, I started to slowly scale in short. I have no confidence after 1.5670 = won't have a clue what I will do based upon fundamentals once it reaches 1.5670. I'll take profit there. If you Bulls can do something to get this going in the logical direction with some confidence it would be easy to go with ya.

QQQQ, DIA and SPY all still higher in pre-market trading with good volume. GLD still lower but not much volume to suggest it means anything. Oil is not showing its hand yet.
Redefining Reality
  • #16,607
  • Jul 29, 2008 8:15am Jul 29, 2008 8:15am
Quoting Shadowfx
Back to school....here's a link for you..

http://www.forexfactory.com/forumdisplay.php?f=56
hehe ok master
but you dont anwer my question.
Can you do that
  • #16,608
  • Jul 29, 2008 8:19am Jul 29, 2008 8:19am
Quoting 5ysfx
hehe ok master
but you dont anwer my question.
Can you do that
It's called - don't jump in front of a moving train. Though I'm guilty of it today to when I tried to pick a long during the drop right above 720. But there the odds seemed better still.
On the path to Enrichment.
  • #16,609
  • Jul 29, 2008 8:19am Jul 29, 2008 8:19am
Quoting Jurrasic
I'm out, nice pips to all. I'd watch out from taking longs. What's wrong with waiting for a break of 5770 ? Sure you might miss a few extra pips but this jolly bull spirit around here sounds a bit too cocky to me. If all people wanted EU high up there it's strange that it fell again after setting a new high above 1.6. Remember all those banks saying Euro should go down this year. Better trade what really looks likely.
I don't know what to think, but I know I can't make up my mind by just watching it go up and down 50 pips.

I don't know about banks telling people that the euro will go down. Wouldn't that be like Exxon saying gas should go down this year? Don't you think it's US banks saying they want the euro down, and not the banks with the euros. Besides it's not just the Euro, most all currencies have gained the same % against the USD. So now US banks are saying the dollar is going up in value now, cause they want it too? Hard to believe.
  • #16,610
  • Jul 29, 2008 8:22am Jul 29, 2008 8:22am
longed again at 15689 sl below 85
  • #16,611
  • Jul 29, 2008 8:24am Jul 29, 2008 8:24am
Quoting Jurrasic
It's called - don't jump in front of a moving train. Though I'm guilty of it today to when I tried to pick a long during the drop right above 720. But there the odds seemed better still.
I call it bounce hunting
  • #16,612
  • Jul 29, 2008 8:27am Jul 29, 2008 8:27am
Another housing related news comes positive before CC in 1 hr.( now 35 minutes left) and if it positive hope few hundreds to down today or this week .Positions taken already & are being green in no time .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,613
  • Jul 29, 2008 8:27am Jul 29, 2008 8:27am
The EURO bulls are in serious trouble.

We may see bounce but .5600 is in the cards.
  • #16,614
  • Jul 29, 2008 8:29am Jul 29, 2008 8:29am
Quoting 5ysfx
I call it bounce hunting
...I'd call it "gambling"...EUR gonna range around this level till 3pm (GMT) news comes out...once digested..it can retrace..or drop further...

Some people just want to learn things the hard way...

As always..Just my 2 cents...
  • #16,615
  • Jul 29, 2008 8:31am Jul 29, 2008 8:31am
fontu does this mean that taking a long position should be wrong at this time or should it be rite
  • #16,616
  • Jul 29, 2008 8:31am Jul 29, 2008 8:31am
Quoting Clouds
I don't know what to think, but I know I can't make up my mind by just watching it go up and down 50 pips.

I don't know about banks telling people that the euro will go down. Wouldn't that be like Exxon saying gas should go down this year? Don't you think it's US banks saying they want the euro down, and not the banks with the euros. Besides it's not just the Euro, most all currencies have gained the same % against the USD. So now US banks are saying the dollar is going up in value now, cause they want it too? Hard to believe.
just came back from shadow...wou what a felling...and euro below 700,..wou...i got another teory,...dont press sell button...thats an order...
its just money
  • #16,617
  • Jul 29, 2008 8:31am Jul 29, 2008 8:31am
Let's just have fun with the range. Every pair is ranging. No fighting, bears, bulls, ect Long and shorts are in play till Friday
  • #16,618
  • Jul 29, 2008 8:32am Jul 29, 2008 8:32am
Quoting de123
just came back from shadow...wou what a felling...and euro below 700,..wou...i got another teory,...dont press sell button...thats an order...
No way..., but I'm thinking of buying GU at 1.985
  • #16,619
  • Jul 29, 2008 8:35am Jul 29, 2008 8:35am
I can except a double bottom for AU, GU, and EU, means they are gonna go up : )
  • #16,620
  • Jul 29, 2008 8:38am Jul 29, 2008 8:38am
Quoting finian204rea
fontu does this mean that taking a long position should be wrong at this time or should it be rite
I can't call for others to follow just myself took shorts.TP 1.5635.
But i may close all or parts positions before CC news with profit & take again if favourable .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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