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EURUSD

  • #91,081
  • Apr 30, 2009 4:02am Apr 30, 2009 4:02am
This is what i am doing

sell @ 1.33516
Sl @1.33608
Target 1 1.32326 (120pips)

i will soon break even when i get to +30pips
i have tried to start trades with a trend, now i prefer to follow the trend
  • #91,082
  • Apr 30, 2009 4:07am Apr 30, 2009 4:07am
Quoting Atlast
Where are you?
I have a question for you that could save your day
he'd be a bit less frightened
  • #91,083
  • Apr 30, 2009 4:08am Apr 30, 2009 4:08am
Quoting jereajali
This is what i am doing

sell @ 1.33516
Sl @1.33608
Target 1 1.32326 (120pips)

i will soon break even when i get to +30pips
Target 1 too low. It could get there, but look to take some off before at 1.3300
  • #91,084
  • Apr 30, 2009 4:08am Apr 30, 2009 4:08am
back inside 4H channel
thinking of shorting with a sl at 1.3345
Some drink at the fountain of knowledge. Others just gargle !
  • #91,085
  • Apr 30, 2009 4:11am Apr 30, 2009 4:11am
sell @ 1.33770
Sl @moved to 1.33350
Target Unknown
  • #91,086
  • Apr 30, 2009 4:12am Apr 30, 2009 4:12am
[EUROZONE APR FLASH CPI ESTIMATE] was a little lower than expected. The annual infl print was unchanged at 0.6% vs Mar and compared to 1.2% in Feb. Separately, [EUROZONE MAR UNEMPLOYMENT RATE] was much higher than expected, rising to 8.9% when 8.7% was f/c. This compares to 8.7% in Feb revised up from 8.5% previously. Today's figures are not surprising given the surge in Spanish unemployment to 17% and large jumps elsewhere.

your gonna see the move before i comfirm it.. this may calm down bulls... use your own evaluation
those who can, do. those who cant, talk about those who can
  • #91,087
  • Apr 30, 2009 4:12am Apr 30, 2009 4:12am
Passengers are patting their back and cheering that free dringks are served.
This passenger has had a nice few train rides since early morning, having paid the fare and made nice profits selling cookies on board. Now my pockets are full and I have to go to the bank to exchange for higher notes. Will be for the afternoon run after Branson and his crew have had their day out
  • #91,088
  • Apr 30, 2009 4:16am Apr 30, 2009 4:16am
Quoting Fly2
he'd be a bit less frightened
Hopefully he followed the train, although some passengers come in disguise
  • #91,089
  • Apr 30, 2009 4:19am Apr 30, 2009 4:19am
Quoting gatorinla
[EUROZONE APR FLASH CPI ESTIMATE] was a little lower than expected. The annual infl print was unchanged at 0.6% vs Mar and compared to 1.2% in Feb. Separately, [EUROZONE MAR UNEMPLOYMENT RATE] was much higher than expected, rising to 8.9% when 8.7% was f/c. This compares to 8.7% in Feb revised up from 8.5% previously. Today's figures are not surprising given the surge in Spanish unemployment to 17% and large jumps elsewhere.

your gonna see the move before i comfirm it.. this may calm down bulls... use your own evaluation
Those March employment figures are the ones to watch.
  • #91,090
  • Apr 30, 2009 4:19am Apr 30, 2009 4:19am
Quoting Atlast
Hopefully he followed the train, although some passengers come in disguise
just don't trust where the fib lies right now.Is it a retrace from the up?Who knows
  • #91,091
  • Edited 6:04am Apr 30, 2009 4:22am | Edited 6:04am
Quoting John D
The rule is ONLY for retail forex traders (us). Banks, brokers, money managers all can still hedge any time they want and keep the hedge running for as long as they want.

If you're using a broker that will still allows hedging you must close the first side everyday at 5pm NY time. And this is done to protect us!? I've got a bridge for sale too.
I agree
I wonder why brokers are using hedging ? Because is so unprofitable ?
So this NFA no hedging rule for traders is to protect the brokers...and against traders..
  • #91,092
  • Apr 30, 2009 4:23am Apr 30, 2009 4:23am
Quoting jereajali
This is what i am doing

sell @ 1.33516
Sl @1.33608
Target 1 1.32326 (120pips)

i will soon break even when i get to +30pips
Hmmm counter-trend trade i`ll just wait for retrace to end and let it pick me up with the flow
  • #91,093
  • Apr 30, 2009 4:23am Apr 30, 2009 4:23am
playing around with lines on the daily chart
does this mean anything???

Attached Image (click to enlarge)
Click to Enlarge Name: TL.GIF Size: 41 KB
Some drink at the fountain of knowledge. Others just gargle !
  • #91,094
  • Apr 30, 2009 4:24am Apr 30, 2009 4:24am
Quoting Redox77
I wonder why brokers are using hedging ? Because is so unprofitable ?
So this NFA no hedging rule for traders is to protect the brokers...and against traders..
You opened 2 accounts- 2 different trades on the same pair?
  • #91,095
  • Apr 30, 2009 4:25am Apr 30, 2009 4:25am
Quoting Atlast
Where are you?
I have a question for you that could save your day
i m here, PM me your IM ID please, i can catch you on gtalk, yahoo, msn, skypee.
  • #91,096
  • Apr 30, 2009 4:27am Apr 30, 2009 4:27am
Quoting eaglestar
which broker you use? i am with mbtrading

Are you relatively satisfied with MB Trading ...s they seem ok to me, but unfortunately they yet have no Metatrader for live accounts but only for demo for now...
  • #91,097
  • Apr 30, 2009 4:27am Apr 30, 2009 4:27am
next stop 1,3380
StopLoss is for none belivers... Trust the Gurus..
  • #91,098
  • Apr 30, 2009 4:28am Apr 30, 2009 4:28am
Originally Posted by jereajali http://www.forexfactory.com/images/buttons/viewpost.gif
This is what i am doing

sell @ 1.33516
Sl @1.33608
Target 1 1.32326 (120pips)

i will soon break even when i get to +30pips


i decided to take 1.32326 as my target 1 cos it corresponds to 38.2 retracement point on 1hr chart. what do u think?
i have tried to start trades with a trend, now i prefer to follow the trend
  • #91,099
  • Apr 30, 2009 4:29am Apr 30, 2009 4:29am
Quoting plan-b
playing around with lines on the daily chart
does this mean anything???

Attachment
top line is the trend its testing now.. you can draw a higher one using summer high and jan high.. this may be where we go.. maybe..
those who can, do. those who cant, talk about those who can
  • #91,100
  • Apr 30, 2009 4:30am Apr 30, 2009 4:30am
Quoting plan-b
playing around with lines on the daily chart
does this mean anything???

Attachment
Yes, it mean that touch at the apex when it went down is temporary
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