theoretically we are in overbought area, so entirely depending on the current support 4298 if it holds, the next resistance is 4322
Attached Image (click to enlarge)
- #125,741
- Jul 28, 2009 2:14am Jul 28, 2009 2:14am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #125,743
- Jul 28, 2009 2:18am Jul 28, 2009 2:18am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #125,744
- Jul 28, 2009 2:19am Jul 28, 2009 2:19am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
EURUSD will never cross 1.4300 
Never say never...
Never say never...
Getting it right is NOT as important as not getting it wrong.
- #125,745
- Jul 28, 2009 2:20am Jul 28, 2009 2:20am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #125,746
- Edited 6:20am Jul 28, 2009 2:21am | Edited 6:20am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
I am currently going short.
entry=4284
stop loss=4325
take profit=4252
I may have to adjust the t/p depending on how i see price moving--that is IF it moves in my desired direction.
I wanted to enter the trade higher than 4284 but was a little late at figuring out what I wanted to do for the trade and i ended up entering lower.
edit: I changed my t/p from 4240 to 4252 because for me it just feels a little safer
entry=4284
stop loss=4325
take profit=4252
I may have to adjust the t/p depending on how i see price moving--that is IF it moves in my desired direction.
I wanted to enter the trade higher than 4284 but was a little late at figuring out what I wanted to do for the trade and i ended up entering lower.
edit: I changed my t/p from 4240 to 4252 because for me it just feels a little safer
- #125,747
- Jul 28, 2009 2:23am Jul 28, 2009 2:23am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #125,748
- Jul 28, 2009 2:25am Jul 28, 2009 2:25am
- | Membership Revoked | Joined Oct 2008 | 2,791 Posts
EURUSD will never cross 1.4300
Never say never...
looks so funny
- #125,751
- Jul 28, 2009 2:26am Jul 28, 2009 2:26am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #125,752
- Jul 28, 2009 2:27am Jul 28, 2009 2:27am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #125,753
- Edited 2:29am Jul 28, 2009 2:28am | Edited 2:29am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
I have no position at present. I'm tempted to short this but I'm not convinced that 4336 isn't on the cards, and if it is, and it get's breached with any gusto, we will probably go higher still.....into the 44's perhaps. It would have to drop pretty conclusively before I'd consider a short. Sooo, I'll wait and see.
Good luck to you all who have a position, either way on this
Good luck to you all who have a position, either way on this
Doing what you like is Freedom. Liking what you do is Happiness.
- #125,754
- Jul 28, 2009 2:28am Jul 28, 2009 2:28am
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #125,756
- Jul 28, 2009 2:30am Jul 28, 2009 2:30am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #125,757
- Jul 28, 2009 2:32am Jul 28, 2009 2:32am
Rats...I was ready to pull the trigger to short @ 4301, had it right there and took my eye off the screen for a couple seconds and bounce......now every other entry would seem less than ideal. 
I really don't like trading with my woman around, she constantly and purposefully distracts me and thinks I'm just overreacting when I get ticked I missed my levels. She thinks this is 'playing on the computer' and not really work.
I really don't like trading with my woman around, she constantly and purposefully distracts me and thinks I'm just overreacting when I get ticked I missed my levels. She thinks this is 'playing on the computer' and not really work.
- #125,758
- Jul 28, 2009 2:35am Jul 28, 2009 2:35am
- | Membership Revoked | Joined Oct 2008 | 2,791 Posts
Rats...I was ready to pull the trigger to short @ 4301, had it right there and took my eye off the screen for a couple seconds and bounce......now every other entry would seem less than ideal.
I really don't like trading with my woman around, she constantly and purposefully distracts me and thinks I'm just overreacting when I get ticked I missed my levels. She thinks this is 'playing on the computer' and not really work.
omg....i will stay single for little more...women cant understand seriousness of this business
- #125,759
- Jul 28, 2009 2:36am Jul 28, 2009 2:36am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
Getting it right is NOT as important as not getting it wrong.
- #125,760
- Jul 28, 2009 2:37am Jul 28, 2009 2:37am
...
I really don't like trading with my woman around, she constantly and purposefully distracts me and thinks I'm just overreacting when I get ticked I missed my levels. She thinks this is 'playing on the computer' and not really work.