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EURUSD

  • #116,461
  • Edited 7:43pm Jun 30, 2009 9:30am | Edited 7:43pm
take profit time .. x2

>

edit delete chart
chart was opened for public view for >6 hours
thank you for reading

for the record .. high was 14152 .. low was 14000
a run worth 152 pips length

previous run up from low 13982 to 14152
was a run worth 170 pips length

total of pips shown LIVE has run 322
have a Great Day

F O R E X 3 E
  • #116,462
  • Jun 30, 2009 9:30am Jun 30, 2009 9:30am
Quoting vinesh2
DBfusion bad numbers mean good for US as people become risk averse and seek the shelter of the USD which is a safe heaven. Risk Averse= good for USD Risk appetitie=bad for USD

Then why is gold dropping like a rock? Or isnt it a safe heaven anymore?
  • #116,463
  • Jun 30, 2009 9:31am Jun 30, 2009 9:31am
Quoting sinisabrkic
Bosnia and Herzegovina

Frenky89 are you from Croatia?
  • #116,464
  • Jun 30, 2009 9:31am Jun 30, 2009 9:31am
TrooperCoopethats what they want us to think. However if overall commodity prices are coming down then people will take money out from precious metals and buy USD.
  • #116,465
  • Jun 30, 2009 9:33am Jun 30, 2009 9:33am
Good movement down , if not stop by now then 1.3983,70 & last 37 will be the bottom & in that case daily trend will break.doing shorts with tight sl .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #116,466
  • Jun 30, 2009 9:33am Jun 30, 2009 9:33am
Quoting F.x.
Because news doesn't effect Forex it affects stock markets. Forex moves based on what stocks do.

Look - you can have dollars or you can have stock. If numbers are good during NY session then stocks go up (nobody wants their dollars, they all want stock) so dollars go down in value (so Euro also goes up against the dollar.)

If numbers are good for EU during EU sessions, then EU stocks go up and Euro goes down against dollar.


If numbers are bad then flip it. And always think about which sessions you're in.
Your the first person that ever explained it that way. That brings a whole new lite to the subject for me. Thanks
  • #116,467
  • Jun 30, 2009 9:34am Jun 30, 2009 9:34am
Quote
Then why is gold dropping like a rock? Or isnt it a safe heaven anymore?

There is no safe haven, except a shot gun, my friend
  • #116,468
  • Jun 30, 2009 9:34am Jun 30, 2009 9:34am
Quoting dbfusion
I guess 30 pips with 20 pips SL are small figures for day trading

its just me , i dont know about others

Appreciate if you could elaborate for me. Do you mean that the 30 pip daily target is very small (and easy) to achieve, or 30 pip is too small for a 20 pip sl?

Thanks

TF
  • #116,469
  • Jun 30, 2009 9:34am Jun 30, 2009 9:34am
Quoting skybiz007
Why is the EUR falling when the news was bad for the USD Confused
dont forget the big player..too..count them in olso
  • #116,470
  • Jun 30, 2009 9:34am Jun 30, 2009 9:34am
is it time to go long @4010
  • #116,471
  • Jun 30, 2009 9:35am Jun 30, 2009 9:35am
Anyone following my 'Light Sweet Crude' short nudge would now be enjoying sweeeet returns!
  • #116,472
  • Jun 30, 2009 9:36am Jun 30, 2009 9:36am
Quoting predictable
nice explanation
4023....nice call!
  • #116,473
  • Jun 30, 2009 9:38am Jun 30, 2009 9:38am
Quoting prav
is it time to go long @4010

its not safe for long at this moment..the trend is very strong..for me its better no trade than lost money..( talking about .../usd)
  • #116,474
  • Jun 30, 2009 9:38am Jun 30, 2009 9:38am
Do we keep following EU down or is it looking to go LONG again?

CHF is having a hard time penetrating R1 1.0886 and BEARISH DIV on RSI 1 an 5 min tf
  • #116,475
  • Jun 30, 2009 9:38am Jun 30, 2009 9:38am
Quoting prav
is it time to go long @4010

I'd love to take a long here with a 10pip SL!
  • #116,476
  • Jun 30, 2009 9:39am Jun 30, 2009 9:39am
Quoting prav
is it time to go long @4010
just did it for 30-50 pips up
ROBOT FOREX
  • #116,477
  • Jun 30, 2009 9:39am Jun 30, 2009 9:39am
Quoting notch
Anyone following my 'Light Sweet Crude' short nudge would now be enjoying sweeeet returns!
what is your call on it?
  • #116,478
  • Jun 30, 2009 9:40am Jun 30, 2009 9:40am
Quoting notch
4023....nice call!
Hi mate

Could you send the link for P&TG ,please?
Thanks
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  • #116,479
  • Jun 30, 2009 9:41am Jun 30, 2009 9:41am
Quoting prav
what is your call on it?

I stated that it was a good short opporunity. At the time of posting the price was 72.1. I expect it to fall to 66.5.
  • #116,480
  • Jun 30, 2009 9:41am Jun 30, 2009 9:41am
Quoting trendman
Hi mate

Could you send the link for P&TG ,please?
Thanks
http://www.forexfactory.com/showthre...=1#post2839767
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