EURUSD

You can see what i'm waiting for in pic below. A break of the orange line--preferbly a close under it and i am short until the daily pivot of 2560 which is where i will t/p.

Good morning everyone!

DRT,
I have always enjoyed your posts and analysis. I have been tempted to PM you on more than one occasion.

Good afternoon sir

got corn?

just got stopped out ffs.

Hello everyone :-)

As i made my TP yeasturday i decided to take small long position, and so i did. Made my entry at 2570 with 30 pips SL and 25 pips TP. I was going to move T/P and S/L as soon we get to the level of 2590 but as i wasn`t convinced this is going up strong, i took my 25 as TP just moments ago.
If this is just a bounce back then we may see more, even up to 2650 before it gets down again.

It`s hard to find bottom, but its better to try then do nothing

Good luck to everyone

hi all

wave variant, atention on level 1.2700

EUR/USD price action speaks:

4H chart (attached) top of last candle (1.2695) has been taken out. If we can close above the down Trend line we should keep heading up for a bit.

The 1.2500 barrier held firm in [EUR/USD], a large trigger is said to expire there today, so making the prospect of a break that much more unlikely. Not that specs are particularly bearish in early trade, rather they are short and there is even some chatter suggesting that Germany's lead to steer aid elsewhere in the EU, could work to prop up the ailing Euro. Maybe so, but with the DJI still hovering just above 2008 lows, there is balance in terms of risks with the Usd still default ccy of choice. In this respect we pay even greater heed to the 2008 DXY high (Nov 21) at 88.463, but respect the fact that in opening gambits a steady session of global bourses threatens the existing build of speculative Usd longs. Minor stops to follow above 1.2600, 1.2650 & 1.2720 the influential tech pivot above. Selling such strength still preferable.

I just noticed this in your profile

http://www.forexfactory.com/nfs/cust...pic84527_2.gif






Time for a beer, then a bundy

does anyone still do a carry trade between eur/usd?

am trying to do so but being on margin, seems not very practical right?

I knew what you meant...
BTW do you sail?

Yes I do. Less now but still enjoy it. Thanks for the response. New at posting, sorry a little clumsy...

1.2639 first stop. Maybe I'll attempt some short there. We'll see.

second stop 1.2673

spike up !!

ok 1.2639 - I've gone short - tight stop loss (if met I'll try selling at 2673).

i might go long again if it comes back to 2600.

I took 25pips from that big move up. This has offsetted my 22pip loss.

i might look for a close above the 2675 for a confirmation of the trend moving up.

note that i'm talking about the 30min TF.

Balance + equity increase... a lot.