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EURUSD

  • #120,481
  • Jul 10, 2009 5:25am Jul 10, 2009 5:25am
Quoting USD-Bear
Closed @ 3877, lets see what 3823 will do...............
It was up 13pips, not enough to move stop to BE?
  • #120,482
  • Jul 10, 2009 5:28am Jul 10, 2009 5:28am
Quoting hoek_nl
It was up 13pips, not enough to move stop to BE?
I hate stops, to many times from reaching the market turned on me.
I prefer sitting on screens and trying to analyse PA.
Don't be a hero. Don't have an ego. Always question yourself
  • #120,483
  • Jul 10, 2009 5:35am Jul 10, 2009 5:35am
Quoting USD-Bear
I hate stops, to many times from reaching the market turned on me.
I prefer sitting on screens and trying to analyse PA.

I agree with you .

many times I face same thing.

I mainly put stops before news or when i am away from screen .
usually it hits the stop then bounces back . I rather get out of the trade in this bounce back than on the stop.

but its sure a savior before news or being away.
I SEE YOU !!
  • #120,484
  • Jul 10, 2009 5:39am Jul 10, 2009 5:39am
Long anyone? Looks like a 13884 bounce
  • #120,485
  • Jul 10, 2009 5:42am Jul 10, 2009 5:42am
Quoting nahman
Long anyone? Looks like a 13884 bounce
YES LONG
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  • #120,486
  • Jul 10, 2009 5:48am Jul 10, 2009 5:48am
Quoting nahman
Long anyone? Looks like a 13884 bounce
long? maybe later.
  • #120,487
  • Jul 10, 2009 6:09am Jul 10, 2009 6:09am
nice drop on USD/CAD. BTW nothing unexpected happened.
  • #120,488
  • Jul 10, 2009 6:10am Jul 10, 2009 6:10am
ive gone long about 10mins ago

yay!

this thread is too slow - I can actually think :|
  • #120,489
  • Jul 10, 2009 6:12am Jul 10, 2009 6:12am
Quoting nahman
ive gone long about 10mins ago

yay!

this thread is too slow - I can actually think :|
which is always good for your trade

good job
I SEE YOU !!
  • #120,490
  • Jul 10, 2009 6:16am Jul 10, 2009 6:16am
IMHO, retrace too sluggish for a real turn up atm.
DJI-future -61
Will try short around 3935 if PA permits......
Don't be a hero. Don't have an ego. Always question yourself
  • #120,491
  • Jul 10, 2009 6:24am Jul 10, 2009 6:24am
Quoting USD-Bear
IMHO, retrace too sluggish for a real turn up atm.
DJI-future -61
Will try short around 3935 if PA permits......
This area from 1.3850 down to 1.3750 is under attack. Since it became support in 05-21 it got tested 5 times, soon or later it will give up. In my opinion the berish pressure will remain till the bottom of the up channel @ 1.36 area or the bottom of the down channel @ 1.35. Around this levels we shall see who is really in control of the market.
  • #120,492
  • Jul 10, 2009 6:36am Jul 10, 2009 6:36am
long from 1.3891 moved SL to BE
  • #120,493
  • Jul 10, 2009 6:46am Jul 10, 2009 6:46am
this slow upmove is still not significant for me to enter any trade.

as MrTrendy would say: New York open will show us the way.
  • #120,494
  • Jul 10, 2009 6:50am Jul 10, 2009 6:50am
They are waiting to give the US traders the opportunity to decide whether or not to spike it up before driving it down to new lows.....how it looks to me at this point. Trix is solidly crossed down, but still above basis. PA is hanging high, but the Bear holds it in his grasp, so to speak. We will see. I really am thinking Bearish, but only time will tell.....US open and then we see what they will do with it.
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  • #120,495
  • Jul 10, 2009 7:11am Jul 10, 2009 7:11am
Quoting forexxx123
Sell now at 1.4005.
This Trade still on.
Loking to add Short 1.3952-1.3975.
Stops 1.3980.
  • #120,496
  • Jul 10, 2009 7:18am Jul 10, 2009 7:18am
Quoting forexxx123
This Trade still on.
Loking to add Short 1.3952-1.3975.
Stops 1.3980.
IF we get there today
  • #120,497
  • Jul 10, 2009 7:19am Jul 10, 2009 7:19am
Quoting sibajnok
this slow upmove is still not significant for me to enter any trade.

as MrTrendy would say: New York open will show us the way.
and I'm happy at this moment that I did so.
  • #120,498
  • Jul 10, 2009 7:20am Jul 10, 2009 7:20am
oil is touching 58.95

very interesting Friday.
I SEE YOU !!
  • #120,499
  • Jul 10, 2009 7:21am Jul 10, 2009 7:21am
time to break more down ?
I SEE YOU !!
  • #120,500
  • Jul 10, 2009 7:22am Jul 10, 2009 7:22am
I think we could get a pretty good spike here. PA might want to test lower but I think long positions will come through.
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