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EURUSD

  • #89,261
  • Apr 24, 2009 5:57am Apr 24, 2009 5:57am
its time, went long 1.3238 , go baby . . .
  • #89,262
  • Apr 24, 2009 5:58am Apr 24, 2009 5:58am
Quoting Yavar
its time, went long 1.3238 , go baby . . .
you gonna get burned, I hope not
Are you or are you OUT?
  • #89,263
  • Edited 6:04am Apr 24, 2009 6:01am | Edited 6:04am
Quoting Yavar
its time, went long 1.3238 , go baby . . .
got in short at 1.3230....15M was setting up for a short, but alas today is friday and I think i get a whoopin' on this one....will TP 1.3195 no stop loss might hedge at 1.3275.....http://www.forexfactory.com/images/icons/icon9.gif

mm

p.s. while I can still hedge....thanks NFA!!!
He who hesitates is hesitant....which always leads to bad entries.
  • #89,264
  • Apr 24, 2009 6:01am Apr 24, 2009 6:01am
Quoting merouane
you gonna get burned, I hope not

already moved my SL to BE , nothing to lose, i still think its bulish
  • #89,265
  • Apr 24, 2009 6:04am Apr 24, 2009 6:04am
Quoting SmoothTrader
The reason the number changed is that along with the current data, the government puts out revised data from the previous report.
I see, so last month data is changed in the new release...
  • #89,266
  • Apr 24, 2009 6:11am Apr 24, 2009 6:11am
gone short from 3260
  • #89,267
  • Apr 24, 2009 6:17am Apr 24, 2009 6:17am
Risky...

Quoting jphotdeals
gone short from 3260
Prices are never too high to begin buying or too low to begin selling.
  • #89,268
  • Apr 24, 2009 6:18am Apr 24, 2009 6:18am
Quoting Mackeymax
got in short at 1.3230....15M was setting up for a short, but alas today is friday and I think i get a whoopin' on this one....will TP 1.3195 no stop loss might hedge at 1.3275.....http://www.forexfactory.com/images/icons/icon9.gif

mm

p.s. while I can still hedge....thanks NFA!!!
if you ask me, you should not rely on only 1 timeframe.
  • #89,269
  • Apr 24, 2009 6:22am Apr 24, 2009 6:22am
Quoting Yavar
if you ask me, you should not rely on only 1 timeframe.

1 time frame is FINE as long as it's M1, just zoom out the chart for a more detailed pic of the day, easy!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #89,270
  • Apr 24, 2009 6:22am Apr 24, 2009 6:22am
Sell SHORT another lot 1.3270


1st 1.3220
2nd 1.3270

Same target 1.3170

Wave 3 closed!
  • #89,271
  • Apr 24, 2009 6:24am Apr 24, 2009 6:24am
Quoting billye
I see, so last month data is changed in the new release...
ok this is the announcement data without looking at next month modifications... [disclaimer: pls don't trade any short terms for this,,,, just a curious study here]

anounced data: Jan 163.8billion$ -> Feb 165.6 (+1%) -> Mar 161.2 (-2.7%)
announced m2m percentage after modify previous month data: Jan-> Feb (+3.4%) -> Mar (-0.8%)

Apr annoucement of March data: (census bureau)
New orders for manufactured durable goods in March decreased $1.3 billion or 0.8 percent to $161.2 billion,
the U.S. Census Bureau announced today. This was the seventh decrease in the last eight months and followed a 2.1 percent February increase. [comment: revised from 3.4 percentage rose]

March announcement of Feb data: (Reuters)
The Commerce Department said durable goods orders rose 3.4 percent to $165.6 billion in February, the biggest increase since December 2007, after a revised 7.3 percent plunge the prior month, previously reported as a 4.5 percent decline.

Feb announcement of Jan data: (census bureau)
New orders for manufactured durable goods in January decreased $9.0 billion or 5.2% to $163.8 billion, the U.S. Census Bureau announced today.
  • #89,272
  • Apr 24, 2009 6:29am Apr 24, 2009 6:29am
Why short, Price broke way past 1.3271, I bought at that point,
Are you or are you OUT?
  • #89,273
  • Apr 24, 2009 6:33am Apr 24, 2009 6:33am
Hi there!!

i am a new member
  • #89,274
  • Apr 24, 2009 6:34am Apr 24, 2009 6:34am
So is R3 a resious possibility for today or 1.3300 the limit? Thoughts?

JC
  • #89,275
  • Apr 24, 2009 6:34am Apr 24, 2009 6:34am
40 + pips in profit now , target 1: 1.330, target 2 as i said before : 1.332.
  • #89,276
  • Apr 24, 2009 6:34am Apr 24, 2009 6:34am
Quoting Waka
So is R3 a resious possibility for today or 1.3300 the limit? Thoughts?

JC
i sure hope so!!!
  • #89,277
  • Apr 24, 2009 6:38am Apr 24, 2009 6:38am
Quoting Waka
So is R3 a resious possibility for today or 1.3300 the limit? Thoughts?

JC
I think it will hold at Daily R2 or 1.32815( 78.2% of bearish wave) -1.32859 (Strong Daily Resistance)
"He who is well prepared has won half the battle"
  • #89,278
  • Apr 24, 2009 6:40am Apr 24, 2009 6:40am
Quoting Peterex
I think it will hold at Daily R2 or 1.3815( 78.2% of bearish wave) -1.32859 (Strong Daily Resistance)
1.3815? what currency are you looking at?
Are you or are you OUT?
  • #89,279
  • Apr 24, 2009 6:42am Apr 24, 2009 6:42am
Quoting merouane
1.3815? what currency are you looking at?
Forgot the 2 between
"He who is well prepared has won half the battle"
  • #89,280
  • Apr 24, 2009 6:43am Apr 24, 2009 6:43am
Quoting Yavar
if you ask me, you should not rely on only 1 timeframe.
1H and 4H are overbought.....but as I have learned over the years....it can stay overbought for awhile.....

mm

p.s. closed hedge at 1.3285.....+10 pips....
He who hesitates is hesitant....which always leads to bad entries.
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