EURUSD | Page 5474 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #109,461
  • Jun 12, 2009 2:48am Jun 12, 2009 2:48am
Today is a long day we go near 1,4200
{Promotion Removed}
  • #109,462
  • Jun 12, 2009 2:51am Jun 12, 2009 2:51am
Quoting gatorinla
some s/r scalping numbers 4193 77 69 22 4033 3999 45 13

a little stronger ones..4343 4215 4175/93 32 4070 4004 3925 3831 3791/97 3757
They're on the chart, but the friggin EU future rollover was yesterday, price is askew about 14pips south, need more cpu power in the head to do the constant PA correction. If i adjust the s/r's then it gets confusing with the reading here....
  • #109,463
  • Jun 12, 2009 2:53am Jun 12, 2009 2:53am
Now short again. Risky trade.
  • #109,464
  • Jun 12, 2009 2:56am Jun 12, 2009 2:56am
Quoting Atlast
Now short again. Risky trade.
short @? i am short at 1 @ 4020 and 1 @ 4064 (avg. @4037)...what do you say?
  • #109,465
  • Jun 12, 2009 2:58am Jun 12, 2009 2:58am
Quoting ak4x
oh plzzzz no...

Toshi, your "short story" bummed me out. I'm gonna pretend I didn't read it.

I missed my limit entry but jumped in manually at 4060 (sl at 43). If you're right, at least whack me softly.
Sure man, I'm a good whacker....that may not sound right.

Anyway, I'm looking for strength to sell into and so, If I actually am right,
you could get some pips on the long side until the sellers come to town.

But they are on the train heading in and I think they'll be here soon.
  • #109,466
  • Jun 12, 2009 2:59am Jun 12, 2009 2:59am
Quoting Atlast
Now short again. Risky trade.
I see that your short paid off last night...nz time, and I'm glad that it did, congratualtions. I'm also glad that I sat it out because I wasn't sure about going short. So we both won.....and it doesn't get better than that
Doing what you like is Freedom. Liking what you do is Happiness.
  • #109,467
  • Jun 12, 2009 3:00am Jun 12, 2009 3:00am
Quoting prav
short @? i am short at 1 @ 4020 and 1 @ 4064 (avg. @4037)...what do you say?
Risky entry. Pick you spots better. You may have to endure some volatility. Set SL on 2nd trade within your comfort zone.
  • #109,468
  • Jun 12, 2009 3:00am Jun 12, 2009 3:00am
That last chart Toshi posted got me thinking...if you remove that highest candlestick it almost looks like a double top or M on the hourly charts. This M would have a neckline of 1.3945....Interesting
Different opinions highly valued, ignorant to slander.
  • #109,469
  • Jun 12, 2009 3:01am Jun 12, 2009 3:01am
Quoting prav
short @? i am short at 1 @ 4020 and 1 @ 4064 (avg. @4037)...what do you say?
I would say that you choose your entries very badly by shorting the bottom of downward spikes
  • #109,470
  • Jun 12, 2009 3:01am Jun 12, 2009 3:01am
is that posible go down more? more then 1.4053
  • #109,471
  • Jun 12, 2009 3:02am Jun 12, 2009 3:02am
Quoting Atlast
Risky entry. Pick you spots better. You may have to endure some volatility. Set SL on 2nd trade within your comfort zone.
thanks...what do you say about target for this short for now? sorry if i am bugging you
  • #109,472
  • Jun 12, 2009 3:02am Jun 12, 2009 3:02am
Quoting Forex ATM
posted 3 hours ago..no believers in this joint...geez and ak4x in LONG

That because when you're WRONG >>> 1.36 >>> you don't take ownership. You just blurt out levels with no alternative scenario or even a tight stop warning. Dude, if you need your ego boosting you need to get your partner to rub your stomach or something...* toe tickling works for me * but FF isn't a ego therapy session. Son, put up or shut up!
  • #109,473
  • Jun 12, 2009 3:04am Jun 12, 2009 3:04am
Quoting prav
short @? i am short at 1 @ 4020 and 1 @ 4064 (avg. @4037)...what do you say?

Stay right there. As long as you're not overleveraged and a possible quick run up to
as high as 142 won't Margin Call your account, don't do anything yet.

I mean, do what you want, but the chance of you geting some pips later in the day
increases as the weekend draws nigh. Have a pair, but don't risk too much.

And don't put your account at risk like that again. Have a stop. 30 pips. 50 pips. 100 pips.
Whatever the price action calls out for and then add a few pips. If that's too much $ to lose,
trade smaller lots.
  • #109,474
  • Jun 12, 2009 3:06am Jun 12, 2009 3:06am
Quoting toshi
Stay right there. As long as you're not overleveraged and a possible quick run up to
as high as 142 won't Margin Call your account, don't do anything yet.
Thanks toshi...i dont want to stay in this trade for long, been here for 2 days and missed good profits two times already...looking forward to get out soon as possible and open new positions
  • #109,475
  • Jun 12, 2009 3:06am Jun 12, 2009 3:06am
Quoting Chicky
I am following ak4x's analysis for rest of the move.


Appreciate the nod, but that could be the Blind leadin the Hopeless...

Seriously, as that WAS 9 hrs ago like you said, I should add that I expected all this much earlier in asia, and not this late. If price doesn't break away from and clear this 4050/4080 zone fairly soon, I'd be very cautious about seeing the followup north at least for London.

It could very well be a chaotic Close with some blistering moves in every direction or end of the week breakout... leaving some nice Gap fears for the Open.

The geppy and Gu moves are making me a little nervous as well. If the whipsaw doesn't firm up and get some direction, I'd either clear out and stay out till next week, or trade very appropriately for this kind of volatility...

In any event, I'm deep into a nice merlot atm, and que sera sera...
FUBAR...
  • #109,476
  • Jun 12, 2009 3:07am Jun 12, 2009 3:07am
Well this has been a BB bounce wetdream. I'm up $500+ in 1.5 hr and $500 is my FO/LO target. I might play one more set short off the whole...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #109,477
  • Jun 12, 2009 3:09am Jun 12, 2009 3:09am
Quoting prav
thanks...what do you say about target for this short for now? sorry if i am bugging you
Don't worry about target for now. Look to limit your risk. if it helps, I am looking to go short again at 1.4093. My recent short closed in profit few pips only. Volatility means you can get whipsawed quickly so protect your profit and move your SL to BE as soon as possible. To improve your entry, you need to not chase the market. Wait like you are waiting for a train at the platform. If it shoots right past you know it was not your trip. Improve your entry and don't chase the market.
  • #109,478
  • Jun 12, 2009 3:09am Jun 12, 2009 3:09am
it can go up to where now any body now ?
  • #109,479
  • Jun 12, 2009 3:10am Jun 12, 2009 3:10am
Quoting ak4x
In any event, I'm deep into a nice merlot atm, and que sera sera...
Funny that you should say that.....I'm sippin' on a nice Kiwi Merlot myself...even as we speak!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #109,480
  • Jun 12, 2009 3:11am Jun 12, 2009 3:11am
Quoting hoek_nl
They're on the chart, but the friggin EU future rollover was yesterday, price is askew about 14pips south, need more cpu power in the head to do the constant PA correction. If i adjust the s/r's then it gets confusing with the reading here....
they remain good for a while its not the normal ones you get off a chart once a day.. its move s/r no time limit.. they only thing that cancels them is a break above or below them.. each group is separate..
those who can, do. those who cant, talk about those who can
482 traders viewing now, 1 is registered:
Chimpango