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EURUSD

  • #17,921
  • Aug 6, 2008 9:03am Aug 6, 2008 9:03am
Oil is climbing up abit
  • #17,922
  • Aug 6, 2008 9:11am Aug 6, 2008 9:11am
5390/5400.. I prefer long from that number.. already placed little long tho GL all
Money often costs too much...
  • #17,923
  • Aug 6, 2008 10:27am Aug 6, 2008 10:27am
Longs ? You guys must be suicidal... Of course 15 pips may be worth the risk for a small retracement of equal size.. But really there are better ways to scalp than standing in the way of this thing..
On the path to Enrichment.
  • #17,924
  • Aug 6, 2008 10:32am Aug 6, 2008 10:32am
Quoting EurUsd
Me too, I m saying goodbye to USD
it doesn't look like the dollar is saying goodbye anytime soon ...
  • #17,925
  • Aug 6, 2008 10:34am Aug 6, 2008 10:34am
Quoting Schminner
it doesn't look like the dollar is saying goodbye anytime soon ...
when the FEDs cut the rate Im saying good bye ^^ which I think they will
Money often costs too much...
  • #17,926
  • Aug 6, 2008 10:37am Aug 6, 2008 10:37am
Quoting Jurrasic
Longs ? You guys must be suicidal... Of course 15 pips may be worth the risk for a small retracement of equal size.. But really there are better ways to scalp than standing in the way of this thing..
not suicidal for me.. it has already triggered my LONG from 15400.. and already closed it on 5414 I have more at 5380 and 5350 Im not sure it will go lower than that numbers IMHO mr Jurassic..
peace
Money often costs too much...
  • #17,927
  • Aug 6, 2008 10:37am Aug 6, 2008 10:37am
Quoting indotrader
when the FEDs cut the rate Im saying good bye ^^ which I think they will
Next release is 16 September...good luck with that one...there done with cuts..its either "sur place" or a hike...
  • #17,928
  • Aug 6, 2008 10:39am Aug 6, 2008 10:39am
Quoting indotrader
when the FEDs cut the rate Im saying good bye ^^ which I think they will
Who said that ?

My guess is the REAL battle is going to begin now in the 53-54 area. Euro looks very heavy and so do the other pairs after this spectacular fall. I don't think they'll recover quickly and just go back up. We could stay in this range for the whole next week or maybe even more as bulls battle bears.
On the path to Enrichment.
  • #17,929
  • Aug 6, 2008 10:42am Aug 6, 2008 10:42am
Quoting Jurrasic
Longs ? You guys must be suicidal... Of course 15 pips may be worth the risk for a small retracement of equal size.. But really there are better ways to scalp than standing in the way of this thing..
Often the desire to be right stands in the way of being in the money.

Wait for the bounce. <-- How long have we been waiting for this.

Another great line - Our indicators are oversold.

If I were you guys I'd be looking to get some new indicators.
  • #17,930
  • Aug 6, 2008 10:46am Aug 6, 2008 10:46am
Quoting Shadowfx
Next release is 16 September...good luck with that one...there done with cuts..its either "sur place" or a hike...
Im not sure with the hike.. lets see how they handle the inflation..
Money often costs too much...
  • #17,931
  • Aug 6, 2008 10:48am Aug 6, 2008 10:48am
Quoting Jurrasic
Who said that ?

My guess is the REAL battle is going to begin now in the 53-54 area. Euro looks very heavy and so do the other pairs after this spectacular fall. I don't think they'll recover quickly and just go back up. We could stay in this range for the whole next week or maybe even more as bulls battle bears.
Im not expecting a big bull trend.. its just Im expecting euro bull tomorrow.. and about the int rate.. lets just see what they're going to do to fix the inflation in the coming months..
Money often costs too much...
  • #17,932
  • Aug 6, 2008 10:49am Aug 6, 2008 10:49am
Quoting indotrader
Im not sure with the hike.. lets see how they handle the inflation..

You've been long now for quite some time.

Your account is either empty or you are a scalper.

I've perused your posts and you've been wrong about the direction of this pair for quite some time.
  • #17,933
  • Aug 6, 2008 10:49am Aug 6, 2008 10:49am
Quoting acumen
Often the desire to be right stands in the way of being in the money.

Wait for the bounce. <-- How long have we been waiting for this.
There are plenty of bounces all the time. A bounce doesn't have to 100+ pips.
Quoting acumen
Another great line - Our indicators are oversold.

If I were you guys I'd be looking to get some new indicators.
I only use mas. The rest is just a waste of chart space as I came to see it.
On the path to Enrichment.
  • #17,934
  • Aug 6, 2008 10:53am Aug 6, 2008 10:53am
Quoting acumen
You've been long now for quite some time.

Your account is either empty or you are a scalper.

I've perused your posts and you've been wrong about the direction of this pair for quite some time.
I do have LONGS up there.. but I manage to scalp with heavy lots to fix it and planning to cut loss my LONGS after any significant rally..
Money often costs too much...
  • #17,935
  • Aug 6, 2008 10:53am Aug 6, 2008 10:53am
Dollar still looking strong.. we might see 1.5330/50 before any bounce..
  • #17,936
  • Aug 6, 2008 11:00am Aug 6, 2008 11:00am
Quoting indotrader
I do have LONGS up there.. but I manage to scalp with heavy lots to fix it and planning to cut loss my LONGS after any significant rally..

Cool.

I do a lot of scalping also... but I'm not brave enough to scalp against a trend like this one.

There's about a 95% chance the FED is only going up from here.

If you are correct and they have to cut then you will have no problems getting out of those longs.
  • #17,937
  • Aug 6, 2008 11:07am Aug 6, 2008 11:07am
Quoting acumen
Cool.

I do a lot of scalping also... but I'm not brave enough to scalp against a trend like this one.

There's about a 95% chance the FED is only going up from here.

If you are correct and they have to cut then you will have no problems getting out of those longs.
if there will be no significant rally between these months (which I think it will) then Im just gonna cut the LONGS and trade extremely more often.. Ive been through this condition before
GL for your trade Acumen
Money often costs too much...
  • #17,938
  • Aug 6, 2008 11:23am Aug 6, 2008 11:23am
Quoting Jurrasic
There are plenty of bounces all the time. A bounce doesn't have to 100+ pips.

I only use mas. The rest is just a waste of chart space as I came to see it.
I traded 'systems' for so long that had indicators all over the charts.

After I lost my first account I began trading semi-naked.

Pivots, S/R and psychs.
  • #17,939
  • Aug 6, 2008 11:27am Aug 6, 2008 11:27am
Because we are oversold in EURUSD, here is where the new target will be...
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Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #17,940
  • Aug 6, 2008 11:29am Aug 6, 2008 11:29am
Quoting acumen
I traded 'systems' for so long that had indicators all over the charts.

After I lost my first account I began trading semi-naked.

Pivots, S/R and psychs.
Aah someone pointed out to me that I misread your post above, thanks to that person , thought you were indotrader, getting distracted a bit here. Yeah scalping against the trend can defenitely get you in trouble unless you pick your moments carefully, like this morning and keep your sl tight, as I see it. Of course if you feel risky and like the adrenalin... I prefer getting that in other places.
On the path to Enrichment.
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