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EURUSD

  • #28,401
  • Sep 9, 2008 3:12am Sep 9, 2008 3:12am
damnright fxraider...my way of trading is the most risky form..i dont recommend it for anyone hahaha
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  • #28,402
  • Sep 9, 2008 3:21am Sep 9, 2008 3:21am
Quoting psiholog
damnright fxraider...my way of trading is the most risky form..i dont recommend it for anyone hahaha
Ya. I dun recommend "playing against the trend" to anyone too. It required a very disciplined mindset. FYI, I trade both ways too. But primarly, I play along with the trend. I will only trade against the trend when my indicators tell me, not when I anticipate.
  • #28,403
  • Sep 9, 2008 3:29am Sep 9, 2008 3:29am
Quoting FXraider
Ya. I dun recommend "playing against the trend" to anyone too. It required a very disciplined mindset. FYI, I trade both ways too. But primarly, I play along with the trend. I will only trade against the trend when my indicators tell me, not when I anticipate.
i dont even anticipate anymore...i got burned too much in the past...now i just wait for the signals...and right now...1.4160 is acting as strong resistance to me....if that gets broken...we may see 1.4275....if the low gets broken...we may see 1.3820..the downside is more likely but you never know...

anyone else see a rising triangle being formed?
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  • #28,404
  • Sep 9, 2008 3:36am Sep 9, 2008 3:36am
Quoting psiholog
i dont even anticipate anymore...i got burned too much in the past...now i just wait for the signals...and right now...1.4160 is acting as strong resistance to me....if that gets broken...we may see 1.4275....if the low gets broken...we may see 1.3820..the downside is more likely but you never know...
K. Happy trading then and all the bests. Already closed my EURUSD position. 55 pips profit (i.e. against the trend). Looking to short ard 1.422 or higher....depend on my indicators...not anticipation. For all you know, it may comes, or may not even come today....let's wait for the signals...

Cheers
  • #28,405
  • Sep 9, 2008 3:39am Sep 9, 2008 3:39am
Good morning traders.
  • #28,406
  • Sep 9, 2008 3:41am Sep 9, 2008 3:41am
Quoting jerry_dgm
Good morning traders.
Good morning Jerry and Welcome to this complicated thread!
  • #28,407
  • Sep 9, 2008 5:02am Sep 9, 2008 5:02am
Omg my crack is back!!! Site was down
  • #28,408
  • Sep 9, 2008 5:03am Sep 9, 2008 5:03am
up up all da way???wat u all think?
  • #28,409
  • Sep 9, 2008 5:05am Sep 9, 2008 5:05am
I hope not. I got a short running. It has to go pass 1.44 for bias to change to upside. Maintrend is still down.
  • #28,410
  • Sep 9, 2008 5:08am Sep 9, 2008 5:08am
im stil stuck in long at 1.422..i hope it up for awhilee..yaa i see a downtrend..but....
  • #28,411
  • Sep 9, 2008 5:10am Sep 9, 2008 5:10am
Quoting zass
im stil stuck in long at 1.422..i hope it up for awhilee..yaa i see a downtrend..but....
Lol im stuck in a short from 1.4148.
  • #28,412
  • Sep 9, 2008 5:18am Sep 9, 2008 5:18am
too bad site was down....1.4165 retest was perfect opportunity to buy for those who missed it =/
Different opinions highly valued, ignorant to slander.
  • #28,413
  • Sep 9, 2008 5:26am Sep 9, 2008 5:26am
good morning everyone in the house.its too bad today is so quiet unlike yesterday.i think the long term bias is shorts although i am presently longs.also remember we have pending home sales coming.it could swing both ways.happy pipping
  • #28,414
  • Sep 9, 2008 5:28am Sep 9, 2008 5:28am
Good morning everyone,
  • #28,415
  • Sep 9, 2008 5:31am Sep 9, 2008 5:31am
Quoting Algirdas
In VIDEO: http://www.moscowforexlive.com/video/julius0908.wmv I Showed to Buy Intraday EUR/USD near 1.4050 just for 80 - 100 pips, we'll buy one more time with very close our 15 pips Stops.
Take 1/4 profit for 130 pips and move Stops to Entry
{Promotion Removed}
  • #28,416
  • Sep 9, 2008 5:37am Sep 9, 2008 5:37am
Quoting Algirdas
Take 1/4 profit for 130 pips and move Stops to Entry
how far do you see this going before bernanke speech?
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  • #28,417
  • Sep 9, 2008 5:41am Sep 9, 2008 5:41am
Quoting psiholog
how far do you see this going before bernanke speech?
"and im free, free falling" Tom Petty. After Bernakes speech.
  • #28,418
  • Sep 9, 2008 5:43am Sep 9, 2008 5:43am
Quoting Donyouth4eva
"and im free, free falling" Tom Petty. After Bernakes speech.
lol if hes really hawkish we may see a high of 1.4235 or 1.4275 in the next 2 hours followed by 1.3820..probably not gonna happen but not impossible either...lol
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  • #28,419
  • Sep 9, 2008 5:45am Sep 9, 2008 5:45am
Dang I want to go long, but I don't think there is much room for it to go. It will probably just bounce off the 1.4200 again.
  • #28,420
  • Sep 9, 2008 5:49am Sep 9, 2008 5:49am
Quoting brane
Dang I want to go long, but I don't think there is much room for it to go. It will probably just bounce off the 1.4200 again.
just wait for a break above 1.4200...as you can probably see...it was previously a strong support and now is a strong resistance...fibs from the high at 1.4428 all the way down to 1.4046 are now retraced right back to 38.2%(1.4194)...so yeah.....way too risky to go long now unless break confirmation

Edit:not exactly safe to short either since its in such a tight range...id short if it fell below 1.4165
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