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EURUSD

  • #113,741
  • Jun 23, 2009 11:55am Jun 23, 2009 11:55am
Okay. I'm starting to build USDCHF longs and EU short with zest.
  • #113,742
  • Jun 23, 2009 11:55am Jun 23, 2009 11:55am
Let's have a Guinness on the distance when PA hits the targets.


Quoting gatorinla
me 2... 4108...
  • #113,743
  • Jun 23, 2009 11:55am Jun 23, 2009 11:55am
Quoting 4xlasso
Ha Ha He He !!!

I hope your stop was wide....!!!


Don't hate the trend...trade the trend !!!
He, he! We are trading the trend buddy! Trends are formed of highs and LOWS.
  • #113,744
  • Jun 23, 2009 11:56am Jun 23, 2009 11:56am
Quoting cobraforex
I sold at 1.4100 because I think that sooner or later I can get out of that trade with some bucks addictional in my pockets, I'm expecting at least a 38.2% retrace this week. This is NO scalp trade (with other words I don't care if it goes up more for the moment) !!!

Trading room closed for today.

See you
Hope that pays for you, sooner rather than later.
  • #113,745
  • Jun 23, 2009 11:56am Jun 23, 2009 11:56am
Quoting cobraforex
Let's have a Guinness on the distance when PA hits the targets.
Target is R2 right? I'm in. But not Guinness...any lager will do.
  • #113,746
  • Jun 23, 2009 12:01pm Jun 23, 2009 12:01pm
I am short cable at 1.6450, 10quid a tick
  • #113,747
  • Jun 23, 2009 12:02pm Jun 23, 2009 12:02pm
Quoting cobraforex
Let's have a Guinness on the distance when PA hits the targets.
man im not jw .. im a puss.. thats stuffs too strong for me.. give me a coors light...
those who can, do. those who cant, talk about those who can
  • #113,748
  • Jun 23, 2009 12:03pm Jun 23, 2009 12:03pm
Quoting TheFisherman
He, he! We are trading the trend buddy! Trends are formed of highs and LOWS.
Which was why I was hoping the stop was a wide one....
Price never goes in one direction for ever.
Highs and Lows....Peaks and Troughs....
roll the dice and take your chances......
  • #113,749
  • Jun 23, 2009 12:03pm Jun 23, 2009 12:03pm
Quoting cobraforex
I sold at 1.4100 because I think that sooner or later I can get out of that trade with some bucks addictional in my pockets, I'm expecting at least a 38.2% retrace this week. This is NO scalp trade (with other words I don't care if it goes up more for the moment) !!!

Trading room closed for today.

See you
i did so as i said in my previous post
good luck
  • #113,750
  • Jun 23, 2009 12:05pm Jun 23, 2009 12:05pm
dollar daily channel.
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  • #113,751
  • Jun 23, 2009 12:08pm Jun 23, 2009 12:08pm
forget to tell , Here it's one of my reasons
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  • #113,752
  • Jun 23, 2009 12:08pm Jun 23, 2009 12:08pm
Quoting 4xlasso
Which was why I was hoping the stop was a wide one....
Price never goes in one direction for ever.
Highs and Lows....Peaks and Troughs....
roll the dice and take your chances......
Oh...it's not really a chance. I haven't seen ANY news on this move so far. Maybe because there is no news because the move is fake (aka not based on change in fundamentals). When I'll see a news I'll decide if I'm staying in or take the loss. So far I feel pretty comfortable having taken a reversal trade after 300+ pips run. So what if it goes 100 more? If there's no news, there's no reason so I will actually short some more .
  • #113,753
  • Jun 23, 2009 12:10pm Jun 23, 2009 12:10pm
These moves happen when price breaks long term trendlines. I have seen it before and will see it again. You ought to watch GP/JPY when IT breaks a major trendline....... Geronimooooooooooooooo.

Ne

Quoting vinesh2
Thats a scary looking daily candle on EU wonder if they are pricing in FOMC crap. Nonetheless crazy moves today I was kinda counting on it. They are whipsawing traders out of their positions. Look at Weekley charts we are still in bear territory shake shake shake.
  • #113,754
  • Jun 23, 2009 12:12pm Jun 23, 2009 12:12pm
Quoting Rv55
I am short cable at 1.6450, 10quid a tick
Should go to Specsavers...

This thread...it's EURUSD.
  • #113,755
  • Jun 23, 2009 12:15pm Jun 23, 2009 12:15pm
Quoting TheFisherman
Oh...it's not really a chance. I haven't seen ANY news on this move so far. Maybe because there is no news because the move is fake (aka not based on change in fundamentals). When I'll see a news I'll decide if I'm staying in or take the loss. So far I feel pretty comfortable having taken a reversal trade after 300+ pips run. So what if it goes 100 more? If there's no news, there's no reason so I will actually short some more .
I respect your reasoning/judgment.



There's always more than one way to skin a cat!
  • #113,756
  • Jun 23, 2009 12:15pm Jun 23, 2009 12:15pm
First TP will be 1.402x (needs to be adjusted to tomorrows pivots) and than I'll decide what to do with the remaining lots.

Depends what the charts will tell us in that area.

It's only 4 mini lots which don't block my scalp capital, that's why I don't care too much, patience is the key here.

Quoting TheFisherman
Target is R2 right? I'm in. But not Guinness...any lager will do.
  • #113,757
  • Jun 23, 2009 12:16pm Jun 23, 2009 12:16pm
Quoting Nene
These moves happen when price breaks long term trendlines. I have seen it before and will see it again. You ought to watch GP/JPY when IT breaks a major trendline....... Geronimooooooooooooooo.

Ne

Well nobody can't say that they weren't warned at the beginning of the session! But tomorrow is another day of opportunity!
  • #113,758
  • Jun 23, 2009 12:21pm Jun 23, 2009 12:21pm
Hi, does anyone know where i can find the results to the Treasury Auctions?
  • #113,759
  • Jun 23, 2009 12:23pm Jun 23, 2009 12:23pm
Here's SOME news, but far from justifying this move. Why? Because until Trichet says "no more rate cuts" all the rest is pure speculation even coming from a ECB council member. However, should Trichet confirm this officialy, it would make a reason good enough.

http://www.bloomberg.com/apps/news?p...d=aqYJrIdvpmiM
  • #113,760
  • Jun 23, 2009 12:23pm Jun 23, 2009 12:23pm
I am in a world of sh*t. I woke up to a nice sunny day and what's for breakfast? Sh*t on a shingle. If anyone has an answer as to what the ____ is going on here I'd like to hear it. Maybe it's still just a bad dream...
"If The Fool persists in his Folly he will become wise." - William Blake
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