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EURUSD

  • #58,401
  • Jan 22, 2009 11:22pm Jan 22, 2009 11:22pm
Theres something happenin here... what it is aint exactly clear!!!


  • #58,402
  • Jan 22, 2009 11:33pm Jan 22, 2009 11:33pm
Quoting GrnEydGuy
Theres something happenin here... what it is aint exactly clear!!!


There's a man with a gun over there. Tellin' me I got to beware.
  • #58,403
  • Jan 22, 2009 11:36pm Jan 22, 2009 11:36pm
Quoting rojo
There's a man with a gun over there. Tellin' me I got to beware.
Print that and tape it above your Trade Monitor. Do it Now.
  • #58,404
  • Jan 22, 2009 11:37pm Jan 22, 2009 11:37pm
Quoting GrnEydGuy
Theres something happenin here... what it is aint exactly clear!!!



Well, i've been trading GBP crosses all night.. I guess most of the action as been around it...

I'll be back at fiber when it breaks this range
Traders are smartasses
  • #58,405
  • Jan 22, 2009 11:37pm Jan 22, 2009 11:37pm
Quoting GrnEydGuy
Theres something happenin here... what it is aint exactly clear!!!


Buffalo says short term buy here. Enter 1.2945, Stop 1.2899. Take Profit 1.2999.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 383 KB
  • #58,406
  • Jan 22, 2009 11:46pm Jan 22, 2009 11:46pm
thinking this might be the beginning of a bounce finally
  • #58,407
  • Jan 22, 2009 11:50pm Jan 22, 2009 11:50pm
Quoting k3nt
thinking this might be the beginning of a bounce finally
What makes you say that?
Not all sins are created equal
  • #58,408
  • Jan 22, 2009 11:52pm Jan 22, 2009 11:52pm
Quoting GrnEydGuy
Theres something happenin here... what it is aint exactly clear!!!


The question might be: Is this a support or a shelf?
  • #58,409
  • Jan 22, 2009 11:53pm Jan 22, 2009 11:53pm
for the first time it broke my almost all day trendline.. 30 and 15 min indicators are setting up... Just a guess of course
  • #58,410
  • Jan 22, 2009 11:53pm Jan 22, 2009 11:53pm
I've got nothing technically to support e/u with the exception of the previous price support.. all indicators.. and candles still point shorts for me..

btw Jay.. I meant Top Gear.... I must have been really tired... great show

Quoting Jay Walker
What makes you say that?
DireXiv Make it happen, no one else is going to do it for you...
  • #58,411
  • Jan 22, 2009 11:55pm Jan 22, 2009 11:55pm
Quoting DireXiv
I've got nothing technically to support e/u with the exception of the previous price support.. all indicators.. and candles still point shorts for me..

btw Jay.. I meant Top Gear.... I must have been really tired... great show
So nothing technically, except your technical indicators!
Not all sins are created equal
  • #58,412
  • Jan 22, 2009 11:58pm Jan 22, 2009 11:58pm
Ive got a 2 lot buy order in at the Daily S1 with a tight SL... anyone else with me on this?
Dr. C
  • #58,413
  • Jan 23, 2009 12:14am Jan 23, 2009 12:14am
Err.. Wish this would decide itself! sideways....
  • #58,414
  • Jan 23, 2009 12:32am Jan 23, 2009 12:32am
Quoting cvcamper
Ive got a 2 lot buy order in at the Daily S1 with a tight SL... anyone else with me on this?
can you tell us at what price your post buy, at what price SL and how about your margin level now..i just want to give you my oppinion
  • #58,415
  • Jan 23, 2009 12:35am Jan 23, 2009 12:35am
where on daily is your s1... 1.2824??
  • #58,416
  • Jan 23, 2009 12:35am Jan 23, 2009 12:35am
Quoting 4pips
can you tell us at what price your post buy, at what price SL and how about your margin level now..i just want to give you my oppinion
Buy is set at 1.2915 - SL at 1.285 with a 2% rule for mm
Dr. C
  • #58,417
  • Jan 23, 2009 12:40am Jan 23, 2009 12:40am
Quoting cvcamper
Buy is set at 1.2915 - SL at 1.285 with a 2% rule for mm
good...take 10-20 pips.dont take more and if the market return back to that price entr buy again ang take 10-20 pips and 10 pips is better..several time you take 10-20 make better than you take more pips but takes long time...
  • #58,418
  • Jan 23, 2009 12:45am Jan 23, 2009 12:45am
Quoting 4pips
Just my view, rectrace correction will be happen soon, normally if the market asia time go down first it will be retrace after ero open..now the marke have go down around 71 poionts....sorry it just my view
well in your case correction happened last 2 days and it finish up yesterday. now it's continuing for the down trend. we'll see a new LOW will be made today and then only a bounce.

GO with the MOMENTUM don't fight it....
  • #58,419
  • Jan 23, 2009 12:48am Jan 23, 2009 12:48am
Major currencies continued to trade within the same support and resistance areas as in the last few days. However any upside corrections have proven limited, with prevailing risk averse appetite keeping the Yen and USD better bid.
those who can, do. those who cant, talk about those who can
  • #58,420
  • Jan 23, 2009 1:00am Jan 23, 2009 1:00am
be safe!


The [STG/DLR] followed the Eur/Usd lower, testing below the 1.3800 mark to a low of 1.3728 after attempts at the 1.3900 mark dismally failed. Reversing most of its New York rally, technical positioning suggests it will decline. Players are also on the defensive ahead of the Q4 GDP and Dec retail sales reports at 0930GMT. GDP is expected to shrink -1.2% over Q4, the second consecutive qtrly decline that will confirm the economy is officially in recession; whilst on an annual basis, the economy is set to shrink -1.4%, the largest drop since 1991. Retail Sales are otherwise f/c to fall -0.6% in Dec. Weaker than expected results look set to pound the Pound even lower back twds a retest of Wed's 1.3620 low; whilst better results, even if negative, could spur sharp short covering moves back above 1.4000.
those who can, do. those who cant, talk about those who can
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