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EURUSD

  • #49,841
  • Dec 11, 2008 10:59pm Dec 11, 2008 10:59pm
well, many people think to help 3 US auto that is stupid
  • #49,842
  • Dec 11, 2008 10:59pm Dec 11, 2008 10:59pm
who is long who is short???

who got stoped out..this insane volitilty shorted me out bad....

Im currently short with really high stops..

What do you think we will see when London opens?
  • #49,843
  • Dec 11, 2008 11:02pm Dec 11, 2008 11:02pm
After a few minutes of this turmoil, EU still behaves mainly bullish, I guess only London/NY will decide the way it'll go.
Traders are smartasses
  • #49,844
  • Dec 11, 2008 11:04pm Dec 11, 2008 11:04pm
Quoting egkid
Ak4x tell me quickly short or long
Seems to me it's graph for some one dreaming
ok, if you're going to do what i do, then do what i'm doing right now. nothing.

walk around and stay away from your puter if you can't sit still and watch. take notes and see whats happening for next time. or not...

I promise you this. you WILL NOT LOSE ONE PIP right now... as long as you do what I just said.

If you missed the trade, then that's what happened. wait for the next one or spin the wheel and take your best shot... I'm out till things settle down. it's that simple.
FUBAR...
  • #49,845
  • Dec 11, 2008 11:06pm Dec 11, 2008 11:06pm
Quoting weswes
who is long who is short???

who got stoped out..this insane volitilty shorted me out bad....

Im currently short with really high stops..

What do you think we will see when London opens?
Totally mess no trade till picture clear, just have 1 order with tight sl
  • #49,846
  • Dec 11, 2008 11:07pm Dec 11, 2008 11:07pm
if its going 1.3300 below before 7:00am, i will have long.
if not no position ,too scary,,,,,,,
  • #49,847
  • Dec 11, 2008 11:09pm Dec 11, 2008 11:09pm
I'm afraid there's going to be a bunch of smarter, wiser, and broker traders a'rd these threads by the time fo/lo gets here.

a few in fat pips, but more that aren't. you can take that one to the bank.
FUBAR...
  • #49,848
  • Dec 11, 2008 11:09pm Dec 11, 2008 11:09pm
Quoting ak4x
ok, if you're going to do what i do, then do what i'm doing right now. nothing.

walk around and stay away from your puter if you can't sit still and watch. take notes and see whats happening for next time. or not...

I promise you this. you WILL NOT LOSE ONE PIP right now... as long as you do what I just said.

If you missed the trade, then that's what happened. wait for the next one or spin the wheel and take your best shot... I'm out till things settle down. it's that simple.
Agreed. I have been sitting on the sidelines watching the fireworks.....
  • #49,849
  • Dec 11, 2008 11:14pm Dec 11, 2008 11:14pm
Quoting ak4x
ok, if you're going to do what i do, then do what i'm doing right now. nothing.

walk around and stay away from your puter if you can't sit still and watch. take notes and see whats happening for next time. or not...

I promise you this. you WILL NOT LOSE ONE PIP right now... as long as you do what I just said.

If you missed the trade, then that's what happened. wait for the next one or spin the wheel and take your best shot... I'm out till things settle down. it's that simple.
Hear hear. Exactly what I've been doing. Sure is fun to watch, though.
  • #49,850
  • Dec 11, 2008 11:14pm Dec 11, 2008 11:14pm
Well no bailout, no 1.34 hello 1.32
Patience + Humility + Study = Success
  • #49,851
  • Dec 11, 2008 11:15pm Dec 11, 2008 11:15pm
Japan MOF's Shinhara: forex moves too volatile:

Japan's top financial diplomat, Naoyuki Shinohara, said on Friday that movements in the currency market appeared to be too volatile.
He said the currency market appeared to be overreacting to the failure in the U.S. Senate of a proposal to bail out the U.S. auto industry.

"The movements in the market are very volatile," Shinohara, vice finance minister for international affairs, told reporters.

He said he was looking at forex moves with concern.

Seems like his stops are getting triggered too
  • #49,852
  • Dec 11, 2008 11:15pm Dec 11, 2008 11:15pm
I see it as even with all this volitity in the JPY market which is clearly effecting the EUR/USD...1.3400 stood rock solid....

This tells me that 1.3400 is a pretty strong resistance point and MACD 1H is pretty close to going negative, ive been anticipating it going negative for the last day...We just need 1.300 to crack and we see a correction....hopefully?

Im short
  • #49,853
  • Dec 11, 2008 11:16pm Dec 11, 2008 11:16pm
Quoting DutchTrader
Well no bailout, no 1.34 hello 1.32
We might say hi to 1.3 as well... may not be today...
  • #49,854
  • Dec 11, 2008 11:17pm Dec 11, 2008 11:17pm
Quoting lever70
Hear hear. Exactly what I've been doing. Sure is fun to watch, though.
Agreed...nothing to do but wait, watch and observe...otherwise you might as well go to Vegas, cuz that's what it's like right now - 50/50 chance...laws of probabilities are out the window.
  • #49,855
  • Dec 11, 2008 11:17pm Dec 11, 2008 11:17pm
Quoting DutchTrader
Well no bailout, no 1.34 hello 1.32

We already printed 1.3406 today...
For he that would be deceived, let him.
  • #49,856
  • Dec 11, 2008 11:19pm Dec 11, 2008 11:19pm
I just went to pandora.com and had my pearl jam station load up. First song? World Wide Suicide.

Rut row.
  • #49,857
  • Dec 11, 2008 11:24pm Dec 11, 2008 11:24pm
I`m already short... And another short at 1.3290 if possible... It looks like the pair is heading south today or in a few days...
  • #49,858
  • Dec 11, 2008 11:26pm Dec 11, 2008 11:26pm
Quoting zapper
I`m already short... And another short at 1.3290 if possible... It looks like the pair is heading south today or in a few days...
I agree..macd is dying to go neg...im short too..in the red right now but i think a crack of 1.3300 and its going to retest.
  • #49,859
  • Dec 11, 2008 11:27pm Dec 11, 2008 11:27pm
I'll wait for European markets reaction, but i have a slight bearish bias at the moment that i'll try to ignore when watching the events unfold.

Untill then (at least) i'll stay on the bench watching the action
Traders are smartasses
  • #49,860
  • Dec 11, 2008 11:27pm Dec 11, 2008 11:27pm
Bad moments 4me. Buy at 1.34002 now -62
Sell at 1.33458. Messed up. What should i do? help!
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