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EURUSD

  • #54,001
  • Jan 5, 2009 11:59pm Jan 5, 2009 11:59pm
we'll see
  • #54,002
  • Jan 6, 2009 12:00am Jan 6, 2009 12:00am
out at 57...thank you to all senior members and those who have been true with their strategies..happy new years and have a great year..bedtime midnight pacific....
  • #54,003
  • Jan 6, 2009 12:00am Jan 6, 2009 12:00am
Pips in the bank from earlier trade with a little bit left to run along with an add-on short at 3558 from the last runup. going to try for Bemacs 3380ish/M1 level but am happy with what i get.

Quoting kris
Seems to have a strong support at 1.3530. Once that is broken, can expect price to drop to 1.3450 level.
BTW... sweet.
FUBAR...
  • #54,004
  • Jan 6, 2009 12:02am Jan 6, 2009 12:02am
Did I bank the smallest pips? Got only 38 pips
Manage your risk accordingly and you're half done your home work.
  • #54,005
  • Jan 6, 2009 12:04am Jan 6, 2009 12:04am
Quoting kris
DEJAVU!

A repeat of yesterday downmove.,. already 100 pips down. Do you think it will go down 300 pips altogether?
no the coil was not as big so 60% of the last move.
  • #54,006
  • Jan 6, 2009 12:06am Jan 6, 2009 12:06am
Quoting klinckphilip
no the coil was not as big so 60% of the last move.
where is europe at?
  • #54,007
  • Jan 6, 2009 12:08am Jan 6, 2009 12:08am
Quoting klinckphilip
where is europe at?

hey old guys so what happens when it hits the 61.8
  • #54,008
  • Jan 6, 2009 12:09am Jan 6, 2009 12:09am
Quoting personalme
Did I bank the smallest pips? Got only 38 pips
No you didn't I got no pips at all,..I'm working at the office now and can only trade when NY session open and yeah of course i missed that wonderful moment yesterday in London Session .
  • #54,009
  • Jan 6, 2009 12:13am Jan 6, 2009 12:13am
Quoting klinckphilip
where is europe at?
http://maps.google.com/maps?hl=en&q=...e=UTF-8&tab=wl
Attached Image
FUBAR...
  • #54,010
  • Jan 6, 2009 12:13am Jan 6, 2009 12:13am
now price is stalling at 1.3450, its time to wait. And see which way it breaks out. Coz there may be correction soon. which is a retracement upwards to 1.3490, M5 38.2 FIB level.

I believe that the previous low will be tested too. But dun jump in too early as the bull may raise it to retracement level.

If low broken, there should be pullbacks to near the previous low at 1.3440
{Promotion Removed}
  • #54,011
  • Jan 6, 2009 12:14am Jan 6, 2009 12:14am
Quoting klinckphilip
hey old guys so what happens when it hits the 61.8
we all go to bed.
FUBAR...
  • #54,012
  • Jan 6, 2009 12:14am Jan 6, 2009 12:14am
Quoting Islander
Took Partial Profits at the 1.0 expansion....90 pips....

FYI, my final target - I'm a short term IntraDay trader, so this is for the Europen Session, is the 1.618 expansion at 1.3376, which just happens to also be the 61.8% retrace of the December rally that I mentioned yesterday.....that would be a cool 160 pips, well above my daily target...
Trading Levels with WRBs
  • #54,013
  • Jan 6, 2009 12:14am Jan 6, 2009 12:14am
Quoting kris
yea 1.3448 showing strong support...

will break soon though.
Already broken...
  • #54,014
  • Jan 6, 2009 12:15am Jan 6, 2009 12:15am
I guess its gonna be another 300++ pips drop today.
Another 100++ pips to go then
  • #54,015
  • Jan 6, 2009 12:16am Jan 6, 2009 12:16am
maybe not retracement yet, the move is continuing downwards. I shorting at 1.3440
{Promotion Removed}
  • #54,016
  • Jan 6, 2009 12:18am Jan 6, 2009 12:18am
Quoting ak4x
http://maps.google.com/maps?hl=en&q=...e=UTF-8&tab=wl
Hey AK - just extend your blue arrow and slide down it with your toolbox and YOU can change my cambelt whilst I finish my Beemer's brake pads....http://www.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
  • #54,017
  • Jan 6, 2009 12:18am Jan 6, 2009 12:18am
Quoting ak4x
http://maps.google.com/maps?hl=en&q=...e=UTF-8&tab=wl
thank you for catching my unique to americans way of structuring sentences. as well as our poor spelling and everything literary.
  • #54,018
  • Jan 6, 2009 12:19am Jan 6, 2009 12:19am
Quoting ak4x
http://maps.google.com/maps?hl=en&q=...e=UTF-8&tab=wl
Not all sins are created equal
  • #54,019
  • Jan 6, 2009 12:20am Jan 6, 2009 12:20am
FWIW... watch out for that 3370ish level ((200sma weekly)) that and it's a handful of pips above M1 at 3382 ((my charts anyway))
Attached Image
FUBAR...
  • #54,020
  • Jan 6, 2009 12:21am Jan 6, 2009 12:21am
hoho EU sailing pass thru 1.3430 still downtrend?
I will hold my selling post till tomoro..sweet dreams..
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