EURUSD

Quoting altrader

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hi guys I decided not to trade today because I wanted to watch the Olympic games opening. I'm amazed to read about this 300pip drop in the euro.

I think the euro/jpy has had this type of pip movement in the past as well. I read about some people who got hurt trading today. I hope that you guys are able to bounce back quickly. It seems that this was like a freak occurrnce.

I think that today is one instance where a scalping system would have been an advantage.

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Quoting altrader

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hi guys I decided not to trade today because I wanted to watch the Olympic games opening. I'm amazed to read about this 300pip drop in the euro.

I think the euro/jpy has had this type of pip movement in the past as well. I read about some people who got hurt trading today. I hope that you guys are able to bounce back quickly. It seems that this was like a freak occurrnce.

I think that today is one instance where a scalping system would have been an advantage.

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Quoting >Apocalypto<

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I have taken a long on the euro.

this maybe a early entry to be punished afternoon session of us. this is such a move down high prob a decent counter rally will come out of this soon. I am seeing some basic support coming in on 30 min.

ent 15051

leave it till monday was getting sick of all the short pips I was making! hell of a day fellas.

Good trading.

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Quoting Jurrasic

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Value per pip * amount of pips till sl. Risk to reward is just the size of your sl to tp. As a rule of thumb try not to risk more than you expect to earn at least, for better r:r you need that most important quality for trading, in my opinion, that is Patience - waiting for the good setup to appear and not jump in too early because you're afraid you might miss the move.

Channel UTL now at 5095 and dropping..

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Quoting sirxl

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I did see this 300 plus dip some time ago....and I lost a lot during that time.

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Quoting mokonni

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$$$$ was getting sick of all the short pips I was making!$$$ http://forexfactory.com/images/icons/icon10.gif

So you are the man who robbed that videoman555 http://forexfactory.com/images/icons/icon5.gif

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Quoting kirana

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thats not a retrace!

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Quoting kirana

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thats not a retrace!

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Quoting altrader

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hi guys I decided not to trade today because I wanted to watch the Olympic games opening. I'm amazed to read about this 300pip drop in the euro.

I think the euro/jpy has had this type of pip movement in the past as well. I read about some people who got hurt trading today. I hope that you guys are able to bounce back quickly. It seems that this was like a freak occurrnce.

I think that today is one instance where a scalping system would have been an advantage.

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Quoting egkid

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Hello guys,
I realy have a Question i guess most of us have the same question,IF anyone know the answer will be great to tell us

EUR/USD Average range/daily 130 pip ,In last 24H drop 300 pip!!
In 20 days drop 1000 pip from 1.60 to 1.50!!

We was talking about slowing economy in USA and weaken $$ and european improving and challenging economy future even some guys was expecting higher eur/usd " Does USA economy became in few days VERY strong???
What happen to EUR WHY THIS WEAKENESS!!

I'm Really looking to find out the analysis explanation why eur drop AND $$ shooting up while we was talking about weaken us economy and $$ befor 2 week!!

Only one thing come to my mind "Political reasons move the market."

Looking forward to know what's ur opinion guys , i guess we all in same boat

Thanks

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Quoting Kess.

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So it means, if recession will be finishing at last/first quarter of 2008/2009, ...

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