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EURUSD

  • #50,681
  • Dec 16, 2008 1:33pm Dec 16, 2008 1:33pm
Quoting tcmm
if the news releases were bad this morning the cut can be more deep then the eur with low prices, high unemployment, bigger deficit spells eur long.
sTILL IN LONG ON THE EUR
My Email For Help: [email protected]
  • #50,682
  • Dec 16, 2008 1:36pm Dec 16, 2008 1:36pm
i'm watching to see what the effect on the yen is... at first blush, this could reduce risk appetite that has been increasing lately...
FUBAR...
  • #50,683
  • Dec 16, 2008 1:36pm Dec 16, 2008 1:36pm
made a bundle on the way up. putting in a tiny short with a tiny SL just under .40....
  • #50,684
  • Dec 16, 2008 1:36pm Dec 16, 2008 1:36pm
Quoting tcmm
sTILL IN LONG ON THE EUR
been trading news releaese for a long time
My Email For Help: [email protected]
  • #50,685
  • Dec 16, 2008 1:37pm Dec 16, 2008 1:37pm
Quoting tcmm
sTILL IN LONG ON THE EUR
crazy move.. but carefull now as people take profit..

I loaded the standard lots and just made my christmas in 5 mins
  • #50,686
  • Dec 16, 2008 1:38pm Dec 16, 2008 1:38pm
May be able to grab another 20+ pips out now. P/A may touch 1.400
  • #50,687
  • Dec 16, 2008 1:40pm Dec 16, 2008 1:40pm
Quoting tcmm
sTILL IN LONG ON THE EUR
It's time to short i guess.
  • #50,688
  • Dec 16, 2008 1:40pm Dec 16, 2008 1:40pm
Quoting dstryr
Buying just died off =/
Looks like you are talking your position, not a good sign
  • #50,689
  • Dec 16, 2008 1:41pm Dec 16, 2008 1:41pm
How many pips do you get guys? Just curious who's get the most efficient trade. I got only 101 pips. Going to bed now.
Manage your risk accordingly and you're half done your home work.
  • #50,690
  • Dec 16, 2008 1:41pm Dec 16, 2008 1:41pm
call me conservative. I watched the initial move. Waited for the pullback; loaded long at 1.3900 and took profit at 1.3975. Low stress, quality pips.
Pip what you see; See what you pip!
  • #50,691
  • Dec 16, 2008 1:42pm Dec 16, 2008 1:42pm
Hi All - What a way to post my first entry! ... Thought i'd close my position from 1.3648 this morning!
  • #50,692
  • Dec 16, 2008 1:43pm Dec 16, 2008 1:43pm
Quoting ak4x
i'm watching to see what the effect on the yen is... at first blush, this could reduce risk appetite that has been increasing lately...
What do you think is happening with the yen now? Down big then up?
  • #50,693
  • Dec 16, 2008 1:43pm Dec 16, 2008 1:43pm
I got 0 pips... Not my way of trading, too risky for me, unless i was in some other mood...

Maybe after a retracement, i'll catch I ride on the remaining momentum.

Back to the drawing board.
Traders are smartasses
  • #50,694
  • Dec 16, 2008 1:44pm Dec 16, 2008 1:44pm
Quoting SeerEye
call me conservative. I watched the initial move. Waited for the pullback; loaded long at 1.3900 and took profit at 1.3975. Low stress, quality pips.
Same here ... went for quality pips. Sat back, waited for a strong direction, went in for the kill. Pulling up 113pips. At this time, waiting to just on a retracement or looking for P/A to touch 1.400.
  • #50,695
  • Dec 16, 2008 1:46pm Dec 16, 2008 1:46pm
With Deflation, which means, lower Consumer Prices. High Employment, Bigger Deficit ie: Auto bailout Eur can keep its uptrend, Keep on eye on Stocks They can crash lower from www.Elliottwave.com
My Email For Help: [email protected]
  • #50,696
  • Dec 16, 2008 1:46pm Dec 16, 2008 1:46pm
Don't short to soon guys...maintain is the word for large funds and banks currently....we might see some retrace..1.39495 is the level to watch...hold your horses...

Just my 2 cents...
  • #50,697
  • Dec 16, 2008 1:47pm Dec 16, 2008 1:47pm
So can we expect EU to go up to 1,4300 or even more?
  • #50,698
  • Dec 16, 2008 1:47pm Dec 16, 2008 1:47pm
Quoting d-e-f
What do you think is happening with the yen now? Down big then up?
Don't know whats going on with the Yen. One of my favoriite pairs and it didn't take off. I was hoping to open a e/u and u/y positions at the same time but the Yen failed to move. Also it hinderd gbp/jpy to stall-out. I just knew that pair was going to move 500+pips. But it didn't.
  • #50,699
  • Dec 16, 2008 1:48pm Dec 16, 2008 1:48pm
Quoting Dansnali
crazy move.. but carefull now as people take profit..

I loaded the standard lots and just made my christmas in 5 mins
Crazy Move,Think again. Been Long on EUR/Usd for two weeks now
My Email For Help: [email protected]
  • #50,700
  • Dec 16, 2008 1:49pm Dec 16, 2008 1:49pm
better lock in some profit.. it still could go other way when big boys analize all this info..
those who can, do. those who cant, talk about those who can
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