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EURUSD

  • #91,801
  • May 1, 2009 6:08am May 1, 2009 6:08am
I may miss the move now to go to 1.3200 but I am waiting for confirmation
  • #91,802
  • May 1, 2009 6:08am May 1, 2009 6:08am
Quoting Atlast
I am expecting some passengers missed the top, so am expecting this move to back up a little before continuing down. Short term trading.
i shorted at 1.3325, still holding some. the euro is taking the stairs up, but it definitely takes the elevator down!
"i wake up in the morning, and i piss excellence"
  • #91,803
  • May 1, 2009 6:08am May 1, 2009 6:08am
What's hapend ?
  • #91,804
  • May 1, 2009 6:11am May 1, 2009 6:11am
Quoting dysan4x
That 100 points came out of no where - I think that was profit taking in preperation for the short. Opinion only, but a small trade wouldn't hurt.
You called that well. I believe that is what it was, a fe more bars I will have a better idea. It went right up to 1.3228 the exact point i said if it gets above it is going up more, so i have to wait and see, but that move down showed a lot of selling pressure
  • #91,805
  • May 1, 2009 6:12am May 1, 2009 6:12am
Quoting trader69
i shorted at 1.3325, still holding some. the euro is taking the stairs up, but it definitely takes the elevator down!
At 1.3314 I will short again with SL at above recent high
  • #91,806
  • May 1, 2009 6:13am May 1, 2009 6:13am
In at 3317 SL at BE+5 and let it run. Either way I make points.
  • #91,807
  • May 1, 2009 6:15am May 1, 2009 6:15am
Quoting Atlast
At 1.3314 I will short again with SL at above recent high
Cancel that.
If it gets back above 1.3208 I am definitely sitting out
  • #91,808
  • May 1, 2009 6:17am May 1, 2009 6:17am
Today could all be about pivot point trading. Just noticed the levels
  • #91,809
  • May 1, 2009 6:18am May 1, 2009 6:18am
I trying to learn a little bit more and i wanted to see if anyone saw on the m5 a "W"? thanks
  • #91,810
  • May 1, 2009 6:20am May 1, 2009 6:20am
keep ur eyes on the shaded area...dat is a weekly decending TL....we close above dat and ...'bobs ur uncle'..baby

Don't be caught like a rabbit in head lights...

Still long off the 1.3000 level (swing trade)
Attached Image (click to enlarge)
Click to Enlarge Name: eurodollar daily.gif Size: 20 KB
  • #91,811
  • May 1, 2009 6:21am May 1, 2009 6:21am
Well my SL was hit to the pip before price decided to dive right back to my entry point lol. Do I win for the worst trade ever?
  • #91,812
  • May 1, 2009 6:22am May 1, 2009 6:22am
Quoting trader69
i shorted at 1.3325, still holding some. the euro is taking the stairs up, but it definitely takes the elevator down!
The 4 hr pin bar is painting a picure that the timetable maybe for a long term trade up. I will be switching from short term trading to longer term trading when the price activity calms down
  • #91,813
  • May 1, 2009 6:23am May 1, 2009 6:23am
Quoting Atlast
Cancel that.
If it gets back above 1.3208 I am definitely sitting out

U mean 1.3308?
  • #91,814
  • May 1, 2009 6:24am May 1, 2009 6:24am
Quoting Big Bruv
keep ur eyes on the shaded area...dat is a weekly decending TL....we close above dat and ...'bobs ur uncle'..baby

Don't be caught like a rabbit in head lights...

Still long off the 1.3000 level (swing trade)
Nice chart. Thanks. That's the perspective I needed. I am short bias for today
  • #91,815
  • May 1, 2009 6:26am May 1, 2009 6:26am
Quoting Dolphinepips
U mean 1.3308?
Yes, thank for spotting that blip
  • #91,816
  • May 1, 2009 6:29am May 1, 2009 6:29am
Quoting F.x.
Well my SL was hit to the pip before price decided to dive right back to my entry point lol. Do I win for the worst trade ever?
Yeah, that happens. Not the worse trade. SL in place makes it good trade. Little consolation though there is a lot of trading to do as volatility is here now
  • #91,817
  • May 1, 2009 6:35am May 1, 2009 6:35am
Quoting Atlast
Yes, thank for spotting that blip
welcome Atlast

If not for ISM news at 1400GMT, I will be short bias too...
  • #91,818
  • May 1, 2009 6:43am May 1, 2009 6:43am
Hi traders!

I have just found a new toy called 'fixed odds financial bets' and I'm cleaning up!
  • #91,819
  • May 1, 2009 6:44am May 1, 2009 6:44am
he was a member for 42 hours, and I guess a trader for the same period.

Well, it is a friday and I would have spent 350 bucks doing some other things I like ......

Quoting rahulw
inshallah your words come truth.
Its all in the mind.
  • #91,820
  • May 1, 2009 6:45am May 1, 2009 6:45am
Quoting 5abi
he was a member for 42 hours, and I guess a trader for the same period.

Well, it is a friday and I would have spent 350 bucks doing some other things I like ......
...pulling my plonker.
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