Attachments: EURUSD

EURUSD

#112,041
Jun 18, 2009 12:05pm Jun 18, 2009 12:05pm

vinesh2
Joined Aug 2007 | Status: Trader | 2,616 Posts

prav don't pay attention to news too much. I don't expect anything from Geithner. Basing your trade decisions on news is bad idea. I am not a big fan of it. Wait for critical news to finish and then watch the price action. You can base your trades according to that

#112,042
Jun 18, 2009 12:06pm Jun 18, 2009 12:06pm

hoek_nl
| Joined Mar 2009 | Status: Trader | 133 Posts

Quoting gatorinla

Disliked

i got good news and bad news.. the good news china may be slowing down taken over u.s. the good news is india is picking up china's slack. the bad news is we will all have to learn english now. aint that b a bitch..

Ignored

Bad news for The Fool indeed

Hope you like your curry..

#112,043
Jun 18, 2009 12:08pm Jun 18, 2009 12:08pm

chris589
| Joined Jun 2009 | Status: Trader | 6 Posts

Price action and patience is the way too go in this business!!!

#112,044
Jun 18, 2009 12:15pm Jun 18, 2009 12:15pm

The Fool
Joined Apr 2009 | Status: Live and learn. | 25,165 Posts

Quoting notch

Disliked

Ya...whatever....1.4175 by the end of play tomorrow!

Ignored

....was scalping long around the LO. Had some riding from .3950-.3975. Tired as a dog. way out of the money. Went to bed. No stop loss. Woke up this AM, all tp's hit save one (.4015 - stoopid me, I got greedy, .3999 woulda been real) Straggler will get touched today probly. So I guess I'm still biased long.

Just a 7% day, nothin to strut about.

I ain't forgot what you told me, notch. You're a good man.

It's just a matter of time.....

"If The Fool persists in his Folly he will become wise." - William Blake

#112,045
Jun 18, 2009 12:17pm Jun 18, 2009 12:17pm

The Fool
Joined Apr 2009 | Status: Live and learn. | 25,165 Posts

Quoting hoek_nl

Disliked

Bad news for The Fool indeed

Ignored

What did I miss?

"If The Fool persists in his Folly he will become wise." - William Blake

#112,046
Jun 18, 2009 12:21pm Jun 18, 2009 12:21pm

Levent
| Joined Feb 2008 | Status: Less is More | 82 Posts

Quoting chris589

Disliked

Price action and patience is the way too go in this business!!!

Ignored

It's like fishing - waiting is half of the fun - just don't get drunk and trade

#112,047
Jun 18, 2009 12:22pm Jun 18, 2009 12:22pm

Mackeymax
| Joined Jul 2006 | Status: Hunting down wild PIPS for a living | 267 Posts

whatever happened to the guy who was predicting 1.36 by the end of this week or he would leave the forum???

mm

He who hesitates is hesitant....which always leads to bad entries.

#112,048
Jun 18, 2009 12:26pm Jun 18, 2009 12:26pm

vinesh2
Joined Aug 2007 | Status: Trader | 2,616 Posts

Mackeymax 1.36 is still possible. It all depends on where we are when we reach 1.417 -1.425 area. Fundamentally dollar is going to get weak commodity currencies like au/ucad/nZU they are going to appreciate int he coming weeks and month but then again this is a scalper forum so who cares about that right

#112,049
Jun 18, 2009 12:28pm Jun 18, 2009 12:28pm

invicta79
| Joined Aug 2007 | Status: Trader | 152 Posts

i really think it's gonna take a dive once it's done with the triangle formation... it would be nice if it finishes the remaining portion of the right shoulder.. hehe

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#112,050
Jun 18, 2009 12:28pm Jun 18, 2009 12:28pm

The Fool
Joined Apr 2009 | Status: Live and learn. | 25,165 Posts

Quoting vinesh2

Disliked

.....but then again this is a scalper forum so who cares about that right

Ignored

Vinesh.....don't look under your bed....there's a Scalper down there....OOOoooooooh

"If The Fool persists in his Folly he will become wise." - William Blake

#112,051
Jun 18, 2009 12:31pm Jun 18, 2009 12:31pm

invicta79
| Joined Aug 2007 | Status: Trader | 152 Posts

Quoting Mackeymax

Disliked

whatever happened to the guy who was predicting 1.36 by the end of this week or he would leave the forum???

mm

Ignored

i think that we'll see a shooter or a diver in less than 4-5 hours.. if it decides to finish off the right shoulder (2h, 4h), 1.36 is still possible. placed a short order at 1.4017

#112,052
Jun 18, 2009 12:35pm Jun 18, 2009 12:35pm

trading801
| Commercial User | Joined Aug 2008 | 7,691 Posts

waiting for it to drop

#112,053
Jun 18, 2009 12:35pm Jun 18, 2009 12:35pm

vinesh2
Joined Aug 2007 | Status: Trader | 2,616 Posts

Thanks for the warning Fool

#112,054
Jun 18, 2009 12:38pm Jun 18, 2009 12:38pm

Patience
Joined Oct 2006 | Status: Trader | 7,219 Posts

Quoting gatorinla

Disliked

ok pull out the number one economy u.s. and after that pull out 2, 3, 4, cause 2,3,4,and so on all depend on # 1........we all bleed together... so after we all bleed to death zimbawai will be # 1......... by the time this happens germany will be tired of supporting neighbors and pull out of ez with all its gold.. we are all in the sewer and nobody will come out with out a little on us.. throw in a few wars and all will be right again.. thank god china dont have oil.........yet

Ignored

Well I hope it doesn't come to war. Was just having a squizz at this article http://www.finfacts.ie/irishfinancen..._1016894.shtml.

Doesn't look too good for a few countries (including Germany) over the next few years but what surprised me was Japan. God, why is that Yen so strong? Because they have a trade surplus? So I guess it makes sense to back currencies that have low government debt to GDP ratio and that also have a trade surplus. As you can tell, I'm still learning here .... :nerd:

Nothing worth having is easy.