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EURUSD

  • #52,901
  • Dec 30, 2008 3:00am Dec 30, 2008 3:00am
More dive to come.
I Sell Stop from 4181
Psychology = Nature = Evolving Forex Market rite?
  • #52,902
  • Dec 30, 2008 3:15am Dec 30, 2008 3:15am
Do you think this is now the start of a down move towards 1.4000?
  • #52,903
  • Dec 30, 2008 3:22am Dec 30, 2008 3:22am
Quoting gsbotes
Do you think this is now the start of a down move towards 1.4000?
Hope so...I am targeting 1.4100 and after it 1.4000 or a little above it 1.4020
  • #52,904
  • Edited 3:42am Dec 30, 2008 3:26am | Edited 3:42am
long @4173 sl 4150 // 4176
/ ... clarifying decisions ... /
  • #52,905
  • Dec 30, 2008 3:32am Dec 30, 2008 3:32am
Quoting gsbotes
Do you think this is now the start of a down move towards 1.4000?
hope so... now i'm moving my SL.
Nothing to loose even a pips.

*But I'm new, don't follow me, plz advise me if i'm wrong. still learning and share.
Psychology = Nature = Evolving Forex Market rite?
  • #52,906
  • Dec 30, 2008 3:35am Dec 30, 2008 3:35am
Quoting Dr_Cryonic
hope so... now i'm moving my SL.
Nothing to loose even a pips.

*But I'm new, don't follow me, plz advise me if i'm wrong. still learning and share.
...now what could possibly be wrong with that...
  • #52,907
  • Dec 30, 2008 3:44am Dec 30, 2008 3:44am
patience
Psychology = Nature = Evolving Forex Market rite?
  • #52,908
  • Dec 30, 2008 3:47am Dec 30, 2008 3:47am
Quoting noblehobo
...now what could possibly be wrong with that...
Made any position bro?
I think 4120 is good for SL entry short. And then move SL for a pips.
Right now the price will play Ying Yang Fibo Up 23.6 and down 50.00.

My last position hit SL. a pips.
Psychology = Nature = Evolving Forex Market rite?
  • #52,909
  • Dec 30, 2008 3:51am Dec 30, 2008 3:51am
short 1.4170 stop loss 1.4220

take profit 1.4100
  • #52,910
  • Dec 30, 2008 3:52am Dec 30, 2008 3:52am
I'm biased to the short side. Nothing but shorts for me in this pair (and longs in $/chf) ... but currently flat after Daily R1 rejection
  • #52,911
  • Dec 30, 2008 3:53am Dec 30, 2008 3:53am
Here is my 1h chart guys:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_scalp1.gif Size: 30 KB


I am short.

Profitable trading!
  • #52,912
  • Dec 30, 2008 3:58am Dec 30, 2008 3:58am
Hi all,

Hope you don't mind me posting here but thought you might like to see what the EURCAD did over the last 24hrs.

It went to 75 just before NY open then tanked to 7 only to retrace to 75 this morning. I caught the down move yesterday and I'm short again now.

Apologies if this is off subject but thought I should share with you.

Rgds
Steve

Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.jpg Size: 133 KB
  • #52,913
  • Dec 30, 2008 3:58am Dec 30, 2008 3:58am
What I am afraid are those two hammers on H4 which point upwards but on H1 there's a shooting star and a hanging man forming which indicate of a possible reversal towards down.
  • #52,914
  • Dec 30, 2008 3:58am Dec 30, 2008 3:58am
Quoting Maxo
Here is my 1h chart guys:

Attachment

I am short.

Profitable trading!
This is how i see it play out - hope we're right
  • #52,915
  • Dec 30, 2008 4:15am Dec 30, 2008 4:15am
I am short too, but I made a "Buy Stop" at 1.4290 in order to Hedge my position in case it goes up? Does anyone trade with this strategy (hedging)? I try not to close any position with loss. If it goes in the wrong direction I make a Hedge and try to wait....

Looking at fundamentals, if the CB Consumer Confidence goes better than expected, we should be short in order to take advantage.
  • #52,916
  • Dec 30, 2008 5:02am Dec 30, 2008 5:02am
i'm long at 1.4100
  • #52,917
  • Dec 30, 2008 5:05am Dec 30, 2008 5:05am
Quoting hanizad
i'm long at 1.4100
me too i reversed a small position size though as i still favor a further down movement
  • #52,918
  • Dec 30, 2008 5:06am Dec 30, 2008 5:06am
Entered short at 1.4181, took out 2/3 until now , s/l 1.4150
If it breaks fibo next target 1.4045
  • #52,919
  • Dec 30, 2008 5:07am Dec 30, 2008 5:07am
now we have 50 FIBO of last movement upwards, i think it might fal to 1.407x and then go up
  • #52,920
  • Dec 30, 2008 5:09am Dec 30, 2008 5:09am
us drop it like its hot
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