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EURUSD

  • #82,581
  • Apr 2, 2009 5:34am Apr 2, 2009 5:34am
Quoting Tenshi28
What do you guys think?
hola....
draw trendlines with at least 3 points.. not 2... they are more reliable.
  • #82,582
  • Apr 2, 2009 5:37am Apr 2, 2009 5:37am
I'm not going to trade this rate annoucement. I've learned to not do so from bitter experiences.

I almost got excited with a Long for the EUR/USD upon seeing this movement.

Then I looked at the calander and see that ECB will be letting us know their interest rate.

In other news I had a run in with a snake in our back yard. (keelback snake). It was trying to eat a little cane toad.
  • #82,583
  • Apr 2, 2009 5:38am Apr 2, 2009 5:38am
There is no reason to short the euro imho....You have bullish candles on all major TF' 4 hour is extermely bullish.....I cant understand Why so many are going against such bullish candles...

My Trades turn Bullish now....

My Trading Idea....is to buy just after the news at the lowest whipsaw....

Good Luck Everybody
Let Price determine your future!
  • #82,584
  • Apr 2, 2009 5:39am Apr 2, 2009 5:39am
Quoting djambazov84
the daily chart starts too look like cup and handlecup and handle[
Oh my God what is cup and handle?
Gold is Money but Money is not Gold
  • #82,585
  • Apr 2, 2009 5:40am Apr 2, 2009 5:40am
Quoting zamah
Oh my God what is cup and handle?

http://i.investopedia.com/inv/dictio...and_Handle.gif
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #82,586
  • Apr 2, 2009 5:41am Apr 2, 2009 5:41am
Quoting dbfusion
if you just scrolled back in pages you will see my post buying @ 3264 and I SAID my target is 3340
Dbfusion, I owe you an apology: you are absolutely correct. The time difference sometimes confuses things. Great call!
  • #82,587
  • Apr 2, 2009 5:43am Apr 2, 2009 5:43am
Wake up to see I was stopped out at my 100pip sl... oh well lets see what this announcement has for us.
Designer by day Trader by night.
  • #82,588
  • Apr 2, 2009 5:43am Apr 2, 2009 5:43am
Quoting Geppyg
There is no reason to short the euro imho....You have bullish candles on all major TF' 4 hour is extermely bullish.....I cant understand Why so many are going against such bullish candles...

My Trades turn Bullish now....

My Trading Idea....is to buy just after the news at the lowest whipsaw....

Good Luck Everybody

Just because you do not understand .. does not mean that it is always wrong


Good Luck to you too... if you go long

The best thing that can happen to you is to find out where you're wrong.
  • #82,589
  • Apr 2, 2009 5:43am Apr 2, 2009 5:43am
Quoting Driver55

You're right ... some things are not true.
But I ask me ... your picture is true?

If you mean my avatar - then YES
  • #82,590
  • Apr 2, 2009 5:44am Apr 2, 2009 5:44am
Quoting free4440273
Dbfusion, I owe you an apology: you are absolutely correct. The time difference sometimes confuses things. Great call!

no worries we are all buddies here

I hope it reaches 3420 this is my ideal short IMO

I hope it will work out
I SEE YOU !!
  • #82,591
  • Apr 2, 2009 5:44am Apr 2, 2009 5:44am
Quoting Geppyg
There is no reason to short the euro imho....You have bullish candles on all major TF' 4 hour is extermely bullish.....I cant understand Why so many are going against such bullish candles...

My Trades turn Bullish now....

My Trading Idea....is to buy just after the news at the lowest whipsaw....

Good Luck Everybody

I don't like shorting this pair in general, but if you're going to do it then now would be a good time.
  • #82,592
  • Apr 2, 2009 5:45am Apr 2, 2009 5:45am
Quoting djambazov84
http://i.investopedia.com/inv/dictio...and_Handle.gif
TQ so LOT !!!
Gold is Money but Money is not Gold
  • #82,593
  • Apr 2, 2009 5:46am Apr 2, 2009 5:46am
Quoting Driver55

Just because you do not understand .. does not mean that it is always wrong





Good Luck to you too... if you go long

I am very confident that this will not fall....99% confident now can you assure me like this...I dont think so...

I am just expressing my opinion...driver...

I do understand and that too very well....dont want to turn this trading into a gossip board good luck with you shorting...

I hope it all works out....
Let Price determine your future!
  • #82,594
  • Apr 2, 2009 5:46am Apr 2, 2009 5:46am
Quoting Driver55
Well guys,

I?m short at 3368... and this is true ..
what is your T/P?
  • #82,595
  • Apr 2, 2009 5:47am Apr 2, 2009 5:47am
Quoting Geppyg
I am very confident that this will not fall....99% confident now can you assure me like this...I dont think so...

I am just expressing my opinion...driver...

I do understand and that too very well....dont want to turn this trading into a gossip board good luck with you shorting...

I hope it all works out....

I have been long since 257 no issues and am adding on the way...I dont need luck...its trading
Let Price determine your future!
  • #82,596
  • Apr 2, 2009 5:50am Apr 2, 2009 5:50am
Quoting dbfusion
no worries we are all buddies here

I hope it reaches 3420 this is my ideal short IMO

I hope it will work out
Like I said, it was a great call (sometimes the country time difference confuses things). Short from 3420 looks tempting but I am worried by the hourly candle: It's not showing to short - yet. ??
  • #82,597
  • Apr 2, 2009 5:52am Apr 2, 2009 5:52am
When you are scalping it is fine ....but that has 20 -30 pip reward...so I am sorry if that is what you are referring to Driver...but there is sometimes a lot of risk when you are trying to trade with bulish sentiment toward fundamentals.....

I hope it works out for you which ever direction you trade in.....and I would like to say after seeing your help to the guys on this forum...well done..

Take care mate..
Let Price determine your future!
  • #82,598
  • Apr 2, 2009 5:54am Apr 2, 2009 5:54am
Going Short on a day like today, hmmmmm RISKY, sure you could get lucky and make a stack but the odds are stacked against you.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #82,599
  • Apr 2, 2009 5:54am Apr 2, 2009 5:54am
Quoting dbfusion
no worries we are all buddies here

I hope it reaches 3420 this is my ideal short IMO

I hope it will work out

gonna go for a short at 1.3415
  • #82,600
  • Apr 2, 2009 5:54am Apr 2, 2009 5:54am
Quoting Geppyg
I am very confident that this will not fall....99% confident now can you assure me like this...I dont think so...

I am just expressing my opinion...driver...

I do understand and that too very well....dont want to turn this trading into a gossip board good luck with you shorting...

I hope it all works out....

Guy do you feel good ... Perhaps you take too seriously

The best thing that can happen to you is to find out where you're wrong.
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