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EURUSD

  • #26,021
  • Sep 1, 2008 5:40am Sep 1, 2008 5:40am
Quoting trading801
understand

guess this is my mistake again

-90usd
you using real money?
Different opinions highly valued, ignorant to slander.
  • #26,022
  • Sep 1, 2008 5:43am Sep 1, 2008 5:43am
Quoting psiholog
thats just one hurdle that happens to be 50% fib as well...next hurdle is 77 (61.8fib)..if that is passed...this baby could well go to 1.48 again


Edit:crude oil action does not sustain a reasonable rally for the euro though

Edit AGAIN: you said 666....i just realized how scary that number is....
1.48 seems like a reasonable target for this week but the problem is to know how low it will go before it can go up there again...and if you add evil resistance in the mix, well it can't really help speed up the process
  • #26,023
  • Sep 1, 2008 5:49am Sep 1, 2008 5:49am
es
  • #26,024
  • Sep 1, 2008 5:56am Sep 1, 2008 5:56am
Intraday Strategy:

EUR/USD Sell near 1.4687 Target 1.4573
GBP/USD Sell near 1.8111 Target 1.7961
AUD/USD Sell near 0.8555 Target 0.8511
NZD/USD Sell near 0.6999 Target 0.6921

USD/CHF Buy near 1.0953 Target 1.1039
{Promotion Removed}
  • #26,025
  • Sep 1, 2008 6:19am Sep 1, 2008 6:19am
Quoting trading801
es
how are youdoing today.missed the action as i was away in class.but i am back now.hope pipping has been cool.i going in short.gustav is not having an effect today
  • #26,026
  • Sep 1, 2008 6:33am Sep 1, 2008 6:33am
Quoting trading801
so experts here.. is it pointless to invest in multiple pairs.. especially if i do things like perhaps..

FOR EG

e/u long

u/chf long
absolutely agree. That's how I protect my account
  • #26,027
  • Sep 1, 2008 6:47am Sep 1, 2008 6:47am
It is just me thinking that this Gustav don't have an effect on oil or not yet? Oil seems like it doesn't want to go up. Jurrasic is right - this is some BS ranging.
  • #26,028
  • Sep 1, 2008 6:48am Sep 1, 2008 6:48am
crude is dropping rapidly
  • #26,029
  • Sep 1, 2008 6:49am Sep 1, 2008 6:49am
ooldies not good
lost 95 usd

tried a few pairs.. not doign my usual rules oh.. well


now i am nto sure should i long or short.. what majority folks think here>
  • #26,030
  • Sep 1, 2008 6:57am Sep 1, 2008 6:57am
Go read www.babypips.com, most of your questions here are already answered there.
  • #26,031
  • Sep 1, 2008 7:02am Sep 1, 2008 7:02am
Not the best day to be trading IMHO..
  • #26,032
  • Sep 1, 2008 7:09am Sep 1, 2008 7:09am
Quoting trading801
ooldies not good
lost 95 usd

tried a few pairs.. not doign my usual rules oh.. well


now i am nto sure should i long or short.. what majority folks think here>
light long
  • #26,033
  • Sep 1, 2008 7:17am Sep 1, 2008 7:17am
Quoting forex killer
light long
went long
1.4620

rationale ?

lol i jsut feel the 1.4620 is very low already..

considering lowest was 1.4570?

LOL stupid me ya
  • #26,034
  • Sep 1, 2008 7:21am Sep 1, 2008 7:21am
Today USA is not working, possibly ranging till Asian session.

USA are now using their oil reserves because of closing oil platforms.
  • #26,035
  • Sep 1, 2008 7:30am Sep 1, 2008 7:30am
Quoting magictrader
Today USA is not working, possibly ranging till Asian session.

USA are now using their oil reserves because of closing oil platforms.

but oil is like 114
  • #26,036
  • Sep 1, 2008 8:10am Sep 1, 2008 8:10am
This day is one of the craziest ones I’ve seen.
Weekend gaps without getting filled, instead pressure in the gap direction, huge amount of US oil platforms closed => oil getting cheaper. EUR and GBP down and USD/JPY down at the same time.
Uff I better do something else today

PS: If the EUR gets a 40 pips lower we might have a nice trade able double bottom on 4 hr TF, will put an alarm on that.
  • #26,037
  • Sep 1, 2008 8:11am Sep 1, 2008 8:11am
Intraday Strategy:

EUR/USD Sell near 1.4657 Target 1.4577
GBP/USD Sell near 1.8063 Target 1.7943
AUD/USD Sell near 0.8551 Target 0.8499
NZD/USD Sell near 0.6987 Target 0.6911

USD/CAD Buy near 1.0619 Target 1.0717
USD/JPY Buy near 107.66 Target 108.17
USD/CHF Buy near 1.0955 Target 1.1033
{Promotion Removed}
  • #26,038
  • Sep 1, 2008 8:18am Sep 1, 2008 8:18am
Quoting Algirdas
Intraday Strategy:
NZD/USD Sell near 0.6987 Target 0.6911
USD/JPY Buy near 107.66 Target 108.17

  • #26,039
  • Sep 1, 2008 8:20am Sep 1, 2008 8:20am
short @ 4650 & 4631
Attached Image (click to enlarge)
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  • #26,040
  • Sep 1, 2008 8:21am Sep 1, 2008 8:21am
  •  tmal
  • | Joined Oct 2007 | Status: Arrogant FX Bastards Club Member | 24 Posts | Online Now
Quoting cobraforex
This day is one of the craziest ones I’ve seen.
Weekend gaps without getting filled, instead pressure in the gap direction, huge amount of US oil platforms closed => oil getting cheaper. EUR and GBP down and USD/JPY down at the same time.
Uff I better do something else today

PS: If the EUR gets a 40 pips lower we might have a nice trade able double bottom on 4 hr TF, will put an alarm on that.
Quite agree... Totally horrible... :-(
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