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EURUSD

  • #99,501
  • May 22, 2009 10:55am May 22, 2009 10:55am
Quoting jcalberto
Yes, and what a big Bull.

I think is a good trade enter BUY in 1.4020. The market go down nearly
Yes, Yes, More 25 pips
{Promotion Removed}
  • #99,502
  • May 22, 2009 10:56am May 22, 2009 10:56am
Quoting Mr. Freeweed
I'm waiting for the big drop
In motion, just need a lot to panic for momentum to build
  • #99,503
  • May 22, 2009 10:59am May 22, 2009 10:59am
Quoting nooblaster
sry notch what do you mean by that, could you show a chart?

I'm really just referring to stop-running and price exhaustion. Suckers entering the run-up high and straight into a wall of excess supply.
  • #99,504
  • May 22, 2009 11:00am May 22, 2009 11:00am
FYI: DXY slipped below 80...
  • #99,505
  • May 22, 2009 11:02am May 22, 2009 11:02am
This PA is really drving me barmy and that is exactly what it is supposed to do. Anything to make you offload your position. IMHO.
  • #99,506
  • May 22, 2009 11:04am May 22, 2009 11:04am
Quoting FXexpress
OK, We had the Bull move to remove short stops, lets see what happens. This is why I hate it when someone says use tight stops. No such thing as tight stops with a successful trader. Just my views.
Hey, Fxexpress, what kind of PA do you consider is the movement for removing stops?
  • #99,507
  • May 22, 2009 11:06am May 22, 2009 11:06am
Quoting arthurb
yea

lol
Traders are smartasses
  • #99,508
  • May 22, 2009 11:06am May 22, 2009 11:06am
I smell me a good shake-down about to unfoald.
  • #99,509
  • May 22, 2009 11:07am May 22, 2009 11:07am
one thing im worried about is that its still stick to the upward 15 min tl
  • #99,510
  • May 22, 2009 11:08am May 22, 2009 11:08am
I'm in panic, guys! Its 2 hours before Bernanke and almost at the edge of my funds. How do you think his speach will reflect USD?
If your coffee smiles at you - smile it back
  • #99,511
  • May 22, 2009 11:09am May 22, 2009 11:09am
hahaha good luck and dont do anything stupid if you lose your funds
  • #99,512
  • May 22, 2009 11:09am May 22, 2009 11:09am
Quoting chusoon
anyone on LONG eurusd now?
No, now I wait for 1.4040 to go short
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  • #99,513
  • May 22, 2009 11:09am May 22, 2009 11:09am
Quoting Atlast
I don't think you can go far wrong at R2 (1.4047). I also have 1.4056
oh believe me i can go far from wrong.. i got lots of practice..on tops im pretty good 100% accuracy plus or minus 2500 pips..
those who can, do. those who cant, talk about those who can
  • #99,514
  • May 22, 2009 11:10am May 22, 2009 11:10am
Quoting dexoster
I'm in panic, guys! Its 2 hours before Bernanke and almost at the edge of my funds. How do you think his speach will reflect USD?
it can't get worst, correction overdue in this pair is just a matter of time pair is slowing down
  • #99,515
  • May 22, 2009 11:11am May 22, 2009 11:11am
Quoting dexoster
I'm in panic, guys! Its 2 hours before Bernanke and almost at the edge of my funds. How do you think his speach will reflect USD?
I think we can go Up near 1.4080/1.4100

Good luck for all
{Promotion Removed}
  • #99,516
  • May 22, 2009 11:12am May 22, 2009 11:12am
Quoting gatorinla
oh believe me i can go far from wrong.. i got lots of practice..on tops im pretty good 100% accuracy plus or minus 2500 pips..
Hey,

Your system seems to be a little more accurate than mine. Care to share...
  • #99,517
  • May 22, 2009 11:12am May 22, 2009 11:12am
I am not saying that that is what happened, just meant that it could be. A 40-50 pip move would remove a lot of new traders from the market before continuing.

Quoting xiaofeng0717
Hey, Fxexpress, what kind of PA do you consider is the movement for removing stops?
  • #99,518
  • Edited 11:14am May 22, 2009 11:13am | Edited 11:14am
for those of you with FXsol's MNI feed - disregard. But, if you ever wanna hold on to your f@ckin; hat {as a senior member here always says}; from here on out you mighta wanna -

MNI

DOLLAR: Early close of IMM futures will start to drain liquidity in the
FX market and some traders fretting that thinner markets may allow some
to muscle any pair around in a hunt to find stops. That said most too
also inclined to avoid extra risk over the weekend even as a broadly
bearish dollar theme remains well entrenched. Traders hoping the IMM
close goes without a hitch and that markets remain sedate into the
afternoon.

PS - better yet - go fishin' ....... for real - not in the markets!!
Pip what you see; See what you pip!
  • #99,519
  • May 22, 2009 11:14am May 22, 2009 11:14am
it seem like still in LONG trend...
  • #99,520
  • May 22, 2009 11:16am May 22, 2009 11:16am
Quoting jcalberto
I think we can go Up near 1.4080/1.4100

Good luck for all
Its no good at all. I'm 40 pips away from the margin call. Its hours since I'm wathcing the figures and telling myself that the uptrend is goind to finish but it doesn't

I'm thinking of closing 60% of the trades and go hedging just to survive until Monday.

Guys - I'm a perfect example of what may happen if you don't use stop loss orders
If your coffee smiles at you - smile it back
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