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EURUSD

  • #71,821
  • Mar 5, 2009 6:12pm Mar 5, 2009 6:12pm
Quoting Doniboy
Thanks..I'd like to subscribe to your newsletter.
Welcome my first subscriber. By the way this pair has just bounced off from its Friday close.
The Thief of Wall Street
  • #71,822
  • Mar 5, 2009 6:21pm Mar 5, 2009 6:21pm
all future equitys are red no matter what country in the world.. japan down 3% korea down 2%
those who can, do. those who cant, talk about those who can
  • #71,823
  • Mar 5, 2009 6:29pm Mar 5, 2009 6:29pm
I am short now 1.2555 wide sl 1.2680 tp around 1.2500 area not put in stone will decide on that how pa is.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #71,824
  • Mar 5, 2009 6:31pm Mar 5, 2009 6:31pm


It is decision time now!!!
  • #71,825
  • Mar 5, 2009 6:32pm Mar 5, 2009 6:32pm
Quoting Chicky
Person who speaks three languages = Trilingual
Person who speaks two languages = Bilingual
Person who speaks only one language = American


I wasn't always this way.. I grew up learning French from the 2nd grade thru the 7th grade (experimental program) but eventually forgot most of it due to non-use and then spent 5 summers in Mexico where I learned Spanish... rusty now but I get a'rd ok...

If I had it to do all over, I'd learn Chinese, and I'm not kidding about that not one little bit.
FUBAR...
  • #71,826
  • Mar 5, 2009 6:33pm Mar 5, 2009 6:33pm
Quoting BoredToLoose


It is decision time now!!!
I would still wait.
The Thief of Wall Street
  • #71,827
  • Mar 5, 2009 6:35pm Mar 5, 2009 6:35pm
Quoting Trading Cat
I am short now 1.2555 wide sl 1.2680 tp around 1.2500 area not put in stone will decide on that how pa is.
so you risk more than you will be rewarded?
Going to make it big by age 21.
  • #71,828
  • Mar 5, 2009 6:37pm Mar 5, 2009 6:37pm
Pivots for today from 5pm

Just tapped DP at 2560... broke up from the Central at the Open, and I'm reloading shorts closer to the 1hr Upper BB at 2580ish, also the QP..... That's the plan anyway.

Yuck Yuck...
Attached Image
FUBAR...
  • #71,829
  • Mar 5, 2009 6:37pm Mar 5, 2009 6:37pm
Quoting Trading Cat
I am short now 1.2555 wide sl 1.2680 tp around 1.2500 area not put in stone will decide on that how pa is.
Profit / loss ratio 55 / 125.
Is that worth it? I would not trade if I cannot get at least 1 / 1 ratio. That is probably why I am not in the market at the moment.

If you think you will need that kind of a s/l, why don't you go long first to get closer to your s/l point. Then also your target will be much bigger.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #71,830
  • Mar 5, 2009 6:40pm Mar 5, 2009 6:40pm
Fodder to ponder.. several of the immediate vicinity QP's are xx20/xx80 Psych levels as well...
FUBAR...
  • #71,831
  • Mar 5, 2009 6:42pm Mar 5, 2009 6:42pm
Careful now with shorts!!

What a mess.

My short average closed profitably!!
  • #71,832
  • Mar 5, 2009 6:42pm Mar 5, 2009 6:42pm
I know it looks stupid risk reward looks shit, but honestly, I have that sl in there just incase everything goes against me.
I do not believe the EUR is going to make a new high today. The tp is just for a short term if it goes below it I will keep it going with a trailing sl.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #71,833
  • Mar 5, 2009 6:42pm Mar 5, 2009 6:42pm
waiting... 1.2620 - 1.2640
  • #71,834
  • Mar 5, 2009 6:45pm Mar 5, 2009 6:45pm
Quoting BoredToLoose
Careful now with shorts!!

What a mess.

My short average closed profitably!!
We are just ranging ...has been doing it all day. 2580 -2530
Going to make it big by age 21.
  • #71,835
  • Mar 5, 2009 6:48pm Mar 5, 2009 6:48pm
Well, the 21sma on 2hr might goober things up getting to that last dozen pips or so ... but the UTL and everything else ought to do a good job of holding things. Crap.

If they break and clear, then I'm outa here till next week. I don't want to even be near whatever it is goin on for a couple days.
Attached Image
FUBAR...
  • #71,836
  • Mar 5, 2009 6:49pm Mar 5, 2009 6:49pm
Taking a long for 50p, stop under 2545.
  • #71,837
  • Mar 5, 2009 6:50pm Mar 5, 2009 6:50pm
Quoting emda
waiting... 1.2620 - 1.2640
Me too......1.2625
Doing what you like is Freedom. Liking what you do is Happiness.
  • #71,838
  • Mar 5, 2009 6:50pm Mar 5, 2009 6:50pm
Quoting BoredToLoose
What a mess.
Got that right btl...
FUBAR...
  • #71,839
  • Mar 5, 2009 6:57pm Mar 5, 2009 6:57pm
and back to the PP
Trade on your own risk Plan your trade&trade your plan dont be a
  • #71,840
  • Mar 5, 2009 7:06pm Mar 5, 2009 7:06pm
Quoting Trading Cat
I know it looks stupid risk reward looks shit, but honestly, I have that sl in there just incase everything goes against me.
I do not believe the EUR is going to make a new high today. The tp is just for a short term if it goes below it I will keep it going with a trailing sl.
By the way, you shorted @ 1.2555, I just took a long there.
I think we have to be very careful with shorts, coming NFP in 12 hours or so. If the number is worse than excepted (and most likely it is) EU might get a big push up. But who am I, the market is not playing according to the rules lately.

There is a lot more room to the upside than to the downside.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
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