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EURUSD

  • #44,101
  • Nov 7, 2008 7:45am Nov 7, 2008 7:45am
1st target 1.2885???
2nd target 1.2967
will it happen?
i don't know...
i'm just a newbie in this business...
Money management is good for your health...
  • #44,102
  • Nov 7, 2008 7:47am Nov 7, 2008 7:47am
CobraForex, yesterday you posted the Hull Indicator (.ex4), but not the (.mq4) which is necessary in order to compile it. I cannot do anything with just the .ex4, so could you also post the .mq4? The .mq4 by itself will compile and produce the .ex4, but not the other way around. Thanks. I look forward to it.
  • #44,103
  • Nov 7, 2008 7:47am Nov 7, 2008 7:47am
Quoting altrader
i'm interested to see how this pans out. I'll be careful before I put a trade down on NFP. I doubt I will trade it until it becomes very obvious on the direction it is going.--which might mean missing a lot of pips but hey it's worth it.

THis NFP can spike both up and down--so got to be extremely careful within the next 3minutes.
I'm a freakin idiot. I didn't follow my own advice and LOST all of my gains for today....ffs...

I just saw greed in the face. It kicked my ass. I'm out for the rest of today.
  • #44,104
  • Nov 7, 2008 7:51am Nov 7, 2008 7:51am
Quoting altrader
I'm a freakin idiot. I didn't follow my own advice and LOST all of my gains for today....ffs...

I just saw greed in the face. It kicked my ass. I'm out for the rest of today.
You'll be back...they all come back
  • #44,105
  • Nov 7, 2008 7:51am Nov 7, 2008 7:51am
after this the real show begin just wait the dow open
n we will know where the eu will headed
  • #44,106
  • Nov 7, 2008 7:52am Nov 7, 2008 7:52am
Quoting Algirdas
This Update little more accurate.
Very small amount and very close Stops.
Also watch how all USD pairs correlate.

EUR/USD Buy near 1.2677
GBP/USD Buy near 1.5555
AUD/USD Buy near 0.6606
NZD/USD Buy near 0.5848

USD/CAD Sell near 1.2025
USD/CHF Sell near 1.1801
USD/JPY Buy near 97.33
Now
Hold 1/2 as much as you can. Move Stops for some profit.
{Promotion Removed}
  • #44,107
  • Nov 7, 2008 7:53am Nov 7, 2008 7:53am
do you think it will reach 1.2967 alg?
thx

Quoting Algirdas
Now
Hold 1/2 as much as you can. Move Stops for some profit.
Money management is good for your health...
  • #44,108
  • Nov 7, 2008 7:54am Nov 7, 2008 7:54am
Quoting TIckerShuffl
You'll be back...they all come back
i'll be back but not today, lol. I'm going to take a cold shower (literally). I'll leave my trading program open but just to look at the markets. (I won't trade)--
  • #44,109
  • Nov 7, 2008 7:54am Nov 7, 2008 7:54am
looks stronger now, if 848 breaks we iz going higher
  • #44,110
  • Nov 7, 2008 7:54am Nov 7, 2008 7:54am
Quoting altrader
I'm a freakin idiot. I didn't follow my own advice and LOST all of my gains for today....ffs...

I just saw greed in the face. It kicked my ass. I'm out for the rest of today.
Hey I can relate. Sometimes I am just not "in the groove". My problem is fear...I get out of trades too fast. Getting better though...
  • #44,111
  • Nov 7, 2008 7:54am Nov 7, 2008 7:54am
Time to just kick back and let the dust settle.

I can see EURUSD getting to 1.29 in a perfect world. Downside risk remains to 1.2766
  • #44,112
  • Nov 7, 2008 7:55am Nov 7, 2008 7:55am
long euro long !
  • #44,113
  • Nov 7, 2008 7:56am Nov 7, 2008 7:56am
Most frequently you will discover that within days, or hours, or even minutes sometimes, the price will return to exactly where it started before these so-called BIG and IMPORTANT releases. This is because the big money boys only use them as an excuse to change the price, not because there is an imperative to do so as a result of publishing the release! Of course, these big money boys will move it IN BOTH DIRECTIONS eventually so as to make the most money.....2 for 1 so to speak.

The lesson here is STAY AWAY from the initial release. And ignore the most immediate whipsaws back! What you are looking for is a great move that sticks for hours. That is when you tweak yourself to watch for the great and inevitable RETRACE.....a move that is not violent and does not have artificially increased spreads to deal with, but a move just as big as the "response" to the release and a lot easier to trade.

Just IMHO>
  • #44,114
  • Nov 7, 2008 8:00am Nov 7, 2008 8:00am
Man the U.S economy is a joke.


If the EUR can not move upwards now and stay steady, then it never will. (Unless one of George W Bushs daughters is elected President one day)
  • #44,115
  • Nov 7, 2008 8:04am Nov 7, 2008 8:04am
hmm... did we really go through like 300 pips of action and end up where we started?...
  • #44,116
  • Nov 7, 2008 8:06am Nov 7, 2008 8:06am
Unless oil goes up, no reason to bet against the dollar for now. Futures now negative...forget about it...
  • #44,117
  • Nov 7, 2008 8:09am Nov 7, 2008 8:09am
Quoting TIckerShuffl
Unless oil goes up, no reason to bet against the dollar for now. Futures now negative...forget about it...
right
and gold also going down..
  • #44,118
  • Nov 7, 2008 8:12am Nov 7, 2008 8:12am
Traderathome... That was the best wording one could use concerning the facade that news "so called" creates. The most important trading arsenal one could have is realizing what moves the market, is knowing the game involved with over hyped news.. Big money never trades the news...... It "plays the news". Good job TAH.
  • #44,119
  • Nov 7, 2008 8:14am Nov 7, 2008 8:14am
Quoting emda
right
and gold also going down..
Wow, there was a nice dip there...hmmm...could have doubled up on the day

Since I am little under the weather I think I will just pass...usually that's when the big moves happen and I miss out

edit: futures now positive...WTH!!
  • #44,120
  • Nov 7, 2008 8:22am Nov 7, 2008 8:22am
there is still the chance this thing could double bottom at the lows...1.24ish...before the real reversal to the upside.

Stay nimble
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