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EURUSD

  • #47,841
  • Dec 2, 2008 7:23am Dec 2, 2008 7:23am
This pair has broken R1 Pivot and tested as support.
  • #47,842
  • Dec 2, 2008 7:30am Dec 2, 2008 7:30am
The pair has just broken yesterdays open price.
  • #47,843
  • Dec 2, 2008 7:32am Dec 2, 2008 7:32am
I am long at 2705 with my stop at 2695, gonna give it a shot to 2800, cant lose anything. I will give 10 for 100
  • #47,844
  • Dec 2, 2008 7:33am Dec 2, 2008 7:33am
Quoting hard1head1
The pair has just broken yesterdays open price.
short with with 2 lot @ 1.2711
  • #47,845
  • Dec 2, 2008 7:36am Dec 2, 2008 7:36am
I reckon this is another false move up to get people in long before it falls again. If it doesn't tank here watch the 750 and 777 level. That I would say is going to be the ultimate high that we see this week.
  • #47,846
  • Dec 2, 2008 7:36am Dec 2, 2008 7:36am
Quoting Algirdas
Now we loosing correlation on USD pairs, and every one we'll manage differently:
EUR/USD take 1/4 profit for 130 pips
GBP/USD take 1/2 profit for 130 pips
AUD/USD take 1/4 profit for 130 pips
NZD/USD take 1/4 profit for 80 pips

USD/JPY later take 1/4 profit for 150 pips
USD/CHF "Break Even"
USD/CAD still looking for Entry

Later I'll explain why so differently we taking profit from thees trades.
Alg, I noticed after your last EURUSD entry, you said to take some profit and move stops to entry. Price then moved down, past your stops, yet you claim to still be in a position. Did you abandon your stops?
  • #47,847
  • Dec 2, 2008 7:37am Dec 2, 2008 7:37am
1.2823!! A clear and good Break here and we go to 1.32.
  • #47,848
  • Dec 2, 2008 7:38am Dec 2, 2008 7:38am
Quoting Ultraman
short with with 2 lot @ 1.2711

add another short @ 1.2730
  • #47,849
  • Dec 2, 2008 7:38am Dec 2, 2008 7:38am
Quoting Ultraman
short with with 2 lot @ 1.2711
where is your stop?
  • #47,850
  • Dec 2, 2008 7:39am Dec 2, 2008 7:39am
Got to be watching Cable at the same time. Cable just came thru the 89 SMA 15 Min, a good sign for longs.
  • #47,851
  • Dec 2, 2008 7:39am Dec 2, 2008 7:39am
Quoting andys0506
where is your stop?
my sl @1.2800
  • #47,852
  • Dec 2, 2008 7:39am Dec 2, 2008 7:39am
Quoting andys0506
I reckon this is another false move up to get people in long before it falls again. If it doesn't tank here watch the 750 and 777 level. That I would say is going to be the ultimate high that we see this week.
Ok, well 750 hit to the pip, lets see if that is the top, its dropping away quickly
  • #47,853
  • Dec 2, 2008 7:40am Dec 2, 2008 7:40am
Quoting Ultraman
my sl @1.2800
Exactly where mine is too
  • #47,854
  • Dec 2, 2008 7:42am Dec 2, 2008 7:42am
Quoting andys0506
Ok, well 750 hit to the pip, lets see if that is the top, its dropping away quickly
I only see 2741 as today's high (about 5 minutes ago). Andy, does your platform show 2750?
Up or down, gimme a ticket
  • #47,855
  • Dec 2, 2008 7:43am Dec 2, 2008 7:43am
Quoting SpecialEd
I only see 2741 as today's high (about 5 minutes ago). Andy, does your platform show 2750?
Yep i'm using MT4 from moneyrain - current candle low 701 high 750

(just checked my Oanda platform and that shows 741?)
  • #47,856
  • Dec 2, 2008 7:45am Dec 2, 2008 7:45am
Quoting SpecialEd
I only see 2741 as today's high (about 5 minutes ago). Andy, does your platform show 2750?
Mine is 2740
  • #47,857
  • Dec 2, 2008 7:46am Dec 2, 2008 7:46am
Correct high so far is 1.27407
  • #47,858
  • Dec 2, 2008 7:47am Dec 2, 2008 7:47am
756 is the 50% retrace from 20th Nov to 25th Nov (2427-3084)
I really cannot see that level being breached.
Careful all you longs
  • #47,859
  • Dec 2, 2008 7:48am Dec 2, 2008 7:48am
Quoting Shadowfx
Correct high so far is 1.27407
So how come my MT4 platform is so far off?

This worries me because I use MT4 for my charting and hence draw fibs based on the levels they show.
  • #47,860
  • Dec 2, 2008 7:48am Dec 2, 2008 7:48am
Struggling with M4
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