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  • #123,141
  • Jul 20, 2009 3:00am Jul 20, 2009 3:00am
Quoting Clouds
Let's short at 14200
Would suggest 4250
Don't be a hero. Don't have an ego. Always question yourself
  • #123,142
  • Jul 20, 2009 3:00am Jul 20, 2009 3:00am
Quoting essenza
i prefer @ 1.4196...


ah you had your short?

well i calculated perfectly on my MM so this trade can be a goner.. but sometimes just a gut feel i guess...

anyway of course if it takes out R3 with ease, i will rickroll out of the short
  • #123,143
  • Jul 20, 2009 3:02am Jul 20, 2009 3:02am
it is bout to kiss R3 WOAH
  • #123,144
  • Jul 20, 2009 3:02am Jul 20, 2009 3:02am
Quoting Clouds
Let's short at 14200
i don't recommend you go against the trend
  • #123,145
  • Jul 20, 2009 3:04am Jul 20, 2009 3:04am
Yes, don't go against the trend ! 1.4200 is a very very strong resistance ! next resistance testing !

Hurray ! earned 20pips !
Trading Forever !!!
  • #123,146
  • Jul 20, 2009 3:05am Jul 20, 2009 3:05am
Quoting trading801
ah you had your short?

well i calculated perfectly on my MM so this trade can be a goner.. but sometimes just a gut feel i guess...

anyway of course if it takes out R3 with ease, i will rickroll out of the short

OH NO
  • #123,147
  • Jul 20, 2009 3:05am Jul 20, 2009 3:05am
Quoting ashlee_17
i don't recommend you go against the trend

how about the RESISTANCE ?

"we are the usd. resistance is futile. we will add your distinct debts and foreclosures to serve our own "
  • #123,148
  • Jul 20, 2009 3:05am Jul 20, 2009 3:05am
Trade Idea: EUR/USD - Sell At 1.4215, O.C.O. Buy At 1.4055

The single currency has risen after finding renewed buying at 1.4062 last Friday and the upmove from 1.3832 looks set to extend to 1.4219 (61.8% projection of 1.3911 to 1.4166 measuring from 1.4062) , however, high readings on hourly oscillators should prevent sharp move beyond there and 1.4269 minor resistance should hold from here and bring another retreat later towards the 1.4062 support but renewed buying interest is expected to emerge above the Kijun-Sen (now at 1.4046) and then euro shall turn north again from there.

Source : ActionForex
  • #123,149
  • Jul 20, 2009 3:06am Jul 20, 2009 3:06am
Quoting toshi
R U sure about that ?

Don't you want to wait and see how the market handles the 4200 stops
before committing to a particular number ?

What i mean is there are some price levels that are more strategic
and exact for order entry purposes that "plain-old 4200".

Certainly your call, but someone has to buy what you sell.
And who are you selling to ? just something to think about
before you put the position on and it's worth a try to get a better execution
if you want to sell. Otherwise, I understand what you have in mind.
How, when...
youprobably right, it was pre mature, but i didnt think it would make it to 4300, i guess if you're out of a position, unlike me, wait till it comes back around, but im hesitant to go long with the ranging we've seen
  • #123,150
  • Jul 20, 2009 3:08am Jul 20, 2009 3:08am
Quoting Alihuzaifa
i just went through my charts and found its a pure bulllish day?
I all set to join elite group on FF...feel free to vouch me loll
  • #123,151
  • Jul 20, 2009 3:09am Jul 20, 2009 3:09am
Be alerted to the fact that this could develop as a trend day, unless we can push back below 1.4180...
Consolidating above it, would be bullish for the day.
Getting it right is NOT as important as not getting it wrong.
  • #123,152
  • Jul 20, 2009 3:09am Jul 20, 2009 3:09am
i realize this is 'seat of the pants' trading, since there's only 2 highs to judge by, but it's a scenario..
Attached Image
  • #123,153
  • Jul 20, 2009 3:13am Jul 20, 2009 3:13am
The EUR is unstoppable now
  • #123,154
  • Jul 20, 2009 3:19am Jul 20, 2009 3:19am
Quoting ashlee_17
The EUR is unstoppable now
Those words will go well with a nice Malbec.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #123,155
  • Jul 20, 2009 3:23am Jul 20, 2009 3:23am
RSI Ceiling, Moment ceiling. Now Down. I waiting Big drop
  • #123,156
  • Jul 20, 2009 3:25am Jul 20, 2009 3:25am
i think i shud stop trading for this week... monday was great enough.
  • #123,157
  • Jul 20, 2009 3:26am Jul 20, 2009 3:26am
Eu has to close above 4239 to continue its northern journey. I doubt it.

maybe to 4155 later.
Attached Image (click to enlarge)
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  • #123,158
  • Jul 20, 2009 3:26am Jul 20, 2009 3:26am
Quoting Optimum
RSI Ceiling, Moment ceiling. Now Down. I waiting Big drop
YOu might be waiting a long long time for a big drop!
  • #123,159
  • Jul 20, 2009 3:27am Jul 20, 2009 3:27am
Quoting Optimum
RSI Ceiling, Moment ceiling. Now Down. I waiting Big drop
Then continue to wait. It won't happen today.
  • #123,160
  • Jul 20, 2009 3:28am Jul 20, 2009 3:28am
Quoting Xaron
Then continue to wait. It won't happen today.
If I remember correctly, last week on Sunday, it was going down, and then went up 150 pips. Correct me if I remember incorrectly..
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