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EURUSD

  • #95,081
  • May 12, 2009 7:23am May 12, 2009 7:23am
scalp short Tp 1.3653, SL 11 pips
  • #95,082
  • May 12, 2009 7:29am May 12, 2009 7:29am
moved SL to 1 pip above BE
  • #95,083
  • May 12, 2009 7:33am May 12, 2009 7:33am
Quoting Atlast
moved SL to 1 pip above BE
A scratch trade for me. Nimble fingers required to take small pips.
  • #95,084
  • May 12, 2009 7:34am May 12, 2009 7:34am
Another bullish news on the dollar gone wrong...
  • #95,085
  • May 12, 2009 7:36am May 12, 2009 7:36am
we learn this time
good news for USD will got Price EU go up

USD
Trade Balance
-27.6Bhttp://www.forexfactory.com/images/m...ol_refresh.gif -29.2B-26.0B
Never sell @ lower upward channel unless breacked and vise versa .
  • #95,086
  • May 12, 2009 7:37am May 12, 2009 7:37am
Quoting emda
we need to make a new high to reverse the trend to longs. in fact 1.40 would be better.
and then I'll be very happy
Yes, at that point we will be all happy. Agree with you that it will not push up as a straight line. Let's see how it work.
  • #95,087
  • May 12, 2009 7:40am May 12, 2009 7:40am
went short from 3703...going to let this ride. 50 pip sl, no tp. Lookin for about 100 pip on this one. We'll see!
  • #95,088
  • May 12, 2009 7:41am May 12, 2009 7:41am
Oil just broke 60
for those interested
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot-3.png Size: 70 KB
  • #95,089
  • May 12, 2009 7:41am May 12, 2009 7:41am
Short 1.3703.

If cross 1.3711, stay out for some time as Shorts concern.

GL ALL!!
  • #95,090
  • May 12, 2009 7:41am May 12, 2009 7:41am
I had 1.3581 as a reversal zone, and instead it blasted through that. There's a possible triple top on the daily at 1.3750 if that gives then 1.47 is opened up on my charts.
Patience + Humility + Study = Success
  • #95,091
  • May 12, 2009 7:42am May 12, 2009 7:42am
Quoting WedWed
we learn this time
good news for USD will got Price EU go up

USD
Trade Balance
-27.6Bhttp://www.forexfactory.com/images/m...ol_refresh.gif -29.2B-26.0B
We learn that a negative trade balance is not good for an economy nor its currency!?
  • #95,092
  • May 12, 2009 7:43am May 12, 2009 7:43am
on my first day back to trading after 6 months on the sidelines i get caught on the negative side of these crazy currency pair...................
duhhhhhhhhhhhhhhhhhhhhhhh
  • #95,093
  • May 12, 2009 7:44am May 12, 2009 7:44am
Quoting BoredToLoose
Short 1.3703.

If cross 1.3711, stay out for some time as Shorts concern.

GL ALL!!
GREAT TO SEE YOU! i am still your twitter fan and please post a chart!
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #95,094
  • May 12, 2009 7:45am May 12, 2009 7:45am
Negative is a relative term

Quoting TheCyberCore
We learn that a negative trade balance is not good for an economy nor its currency!?
  • #95,095
  • Edited 7:53am May 12, 2009 7:45am | Edited 7:53am
Quoting BoredToLoose
Short 1.3703.

If cross 1.3711, stay out for some time as Shorts concern.

GL ALL!!
I would have gotten it at 3607, but i got requoted 4 times. it must have new it was moving in that direction.
3711 should be of concern. Can you explain why?

If we can get under the 3672 level it should not be a problem getting to 3640
  • #95,096
  • May 12, 2009 7:52am May 12, 2009 7:52am
Quoting eaglestar
GREAT TO SEE YOU! i am still your twitter fan and please post a chart!
Yes, I am still here, just some time to relax.

Now it is the time to see if this will go to at least 1.3950 or no.

I have said in some of my last posts, that we will not see 1.3700 again.
I was not waiting to see it, but for now only few pips above, if we go over again, so my forecast is wrong and price will go further, something I was not waiting to see.


My 1.3703 short was only for scalp, I closed at 1.3677.

My M30 is faulty right now, means I am not overcofident that 1.3700 will resist. I still have lot of shorts below actual price, will close some at 1.3711.
I will not hedge.

Next levels to watch 1.3915.

TIME TO DROP NOW!! At least to 1.3600 again.
  • #95,097
  • May 12, 2009 7:55am May 12, 2009 7:55am
closed trade at 3660 due to PA
  • #95,098
  • May 12, 2009 8:00am May 12, 2009 8:00am
Quoting jphotdeals
I would have gotten it at 3607, but i got requoted 4 times. it must have new it was moving in that direction.
3711 should be of concern. Can you explain why?

If we can get under the 3672 level it should not be a problem getting to 3640
I am following one H4 chart, I have a line at 1.3703, price could go to 1.3711, but now if we go to that level again, it is bad for shorts IMO.
  • #95,099
  • May 12, 2009 8:09am May 12, 2009 8:09am
Guys in this forum seems not to make accurate decision before posting there comment.trading is all about filtering atleast 95 % accuracy before making decistions,what is all these thing of it might it will , he is on sell and the other buy, where are people of this thread heading to pls .
  • #95,100
  • Edited 8:18am May 12, 2009 8:10am | Edited 8:18am
Quoting BoredToLoose
I am following one H4 chart, I have a line at 1.3703, price could go to 1.3711, but now if we go to that level again, it is bad for shorts IMO.
Oh ok, thanks/ do I smell a reversal here? shhhh... We don't want the big boys to hear. They move this thing 810 pips to the North since 4/21/2009. I don't know. My 3640 hit but i pulled out at 3660. Oh well,
Will wait to enter short again. I'm thinking, 3687 w/ 10 pip sl and tp of 3640 area. Will watch PA for now
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