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EURUSD

  • #56,941
  • Jan 16, 2009 6:13am Jan 16, 2009 6:13am
Quoting nicotine
can it pass the 1.3345 ?
It may go to 1.3450-00
  • #56,942
  • Jan 16, 2009 6:14am Jan 16, 2009 6:14am
Quoting IcoHristovBG
lol sell ?
Could be. We're at 6th Jan low and might be good resistance. If it smashes through though, next TP would be around 1.34200.
  • #56,943
  • Jan 16, 2009 6:14am Jan 16, 2009 6:14am
Quoting Elghoz
i did sell from 1.3240what i shall do ???????
is that posible to go down or ?????

  1. Limit your losses NOW (or)
  2. Wait for a retracement

  • #56,944
  • Jan 16, 2009 6:15am Jan 16, 2009 6:15am
Quoting roziex
re-enter sell @ 1.3315 with tight stop loss
Doesn't look like it is shorting to me. Seems clear up to 1.35.
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Making Pips is easy, loosing them is even easier!
  • #56,945
  • Jan 16, 2009 6:19am Jan 16, 2009 6:19am
Quoting Elghoz
i did sell from 1.3240what i shall do ???????
is that posible to go down or ?????
We just bounced off the double-top so be careful to trail this down now.
  • #56,946
  • Jan 16, 2009 6:24am Jan 16, 2009 6:24am
All news for the $ is bad,bad,bad
  • #56,947
  • Jan 16, 2009 6:26am Jan 16, 2009 6:26am
Careful , it will be very funny if UoM news are good ... that will really strike everyone after these bad news for US
CrizZzZzZzZz
  • #56,948
  • Jan 16, 2009 6:27am Jan 16, 2009 6:27am
the most important one is UOM ?
  • #56,949
  • Jan 16, 2009 6:28am Jan 16, 2009 6:28am
P/A may be able to grab another 50-100 pips after the Prelim UoM Consumer Sentiment news @ 9:55am (ny est)

At the moment, P/A looks to be in a retracement and may go down to 1.3279(ish) area before heading back up. Looks to be, traders pocketing the cash.
  • #56,950
  • Jan 16, 2009 6:29am Jan 16, 2009 6:29am
Quoting Dazzer
We just bounced off the double-top so be careful to trail this down now.
Don't call it bounce yet, the price has to eat the weak orders away before it can penetrate to the stop level.
  • #56,951
  • Jan 16, 2009 6:31am Jan 16, 2009 6:31am
i bought @ 1.3325 SL : 1.3260 TP: 1.3410 , if uom is bad, we will reach 1.34 in one or two hours.( just my opinion)
  • #56,952
  • Jan 16, 2009 6:32am Jan 16, 2009 6:32am
Quoting nicotine
the most important one is UOM ?
I definitely think so. Especially when inflation is low, and CPI doesn't play a big role.
Consumer Sentiment is very important.
In 20 minutes we'll know...
  • #56,953
  • Jan 16, 2009 6:33am Jan 16, 2009 6:33am
Quoting Jhig
It may go to 1.3450-00

I think 1.3418 is more likely in the short term.
  • #56,954
  • Jan 16, 2009 6:39am Jan 16, 2009 6:39am
the final prelimary consumer sentiment percentage has probably been accounted for in the market already. its just a matter of time to be released on the media....
  • #56,955
  • Jan 16, 2009 6:40am Jan 16, 2009 6:40am
Quoting profitmaker
I think 1.3418 is more likely in the short term.
Of, course, for my trading style, its hard for me aim for a specific number. Round numbers are usually perfect targets for Institutional traders. So, I like to over shoot to the next round number, which 1.3450-500
  • #56,956
  • Jan 16, 2009 6:40am Jan 16, 2009 6:40am
Quoting PipPipPip
the final prelimary consumer sentiment percentage has probably been accounted for in the market already. its just a matter of time to be released on the media....
in that case what is your idea? long or short ?
  • #56,957
  • Jan 16, 2009 6:41am Jan 16, 2009 6:41am
Quoting profitmaker
I think 1.3418 is more likely in the short term.
USDCHF already going up
EURUSD already going down,

so what you guys should do?
  • #56,958
  • Jan 16, 2009 6:42am Jan 16, 2009 6:42am
Quoting nicotine
in that case what is your idea? long or short ?
i'm short
  • #56,959
  • Jan 16, 2009 6:44am Jan 16, 2009 6:44am
do nothing untill its released 30 pip less or plus is nothing
CrizZzZzZzZz
  • #56,960
  • Jan 16, 2009 6:46am Jan 16, 2009 6:46am
Quoting IcoHristovBG
do nothing untill its released 30 pip less or plus is nothing
So true ... patience
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