EURUSD | Page 6793 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #135,841
  • Aug 27, 2009 2:14pm Aug 27, 2009 2:14pm
Oh,

What an unlucky day again

Today

When i went long, it went down

When i then got back to go short, it wentup

And now when i ve just gone long, it went down again
  • #135,842
  • Aug 27, 2009 2:15pm Aug 27, 2009 2:15pm
Quoting TexasforEX
Still long and strong on this pair and IMO there is a distinct chance today's low will be the lowest seen for a very long time.

What's the problem traders? Doesn't everyone have multiple open longs from 1.35??
"Timing Is Everything. Really I Swear It Is"
  • #135,843
  • Aug 27, 2009 2:16pm Aug 27, 2009 2:16pm
Quoting vinesh2
If you enterd a short at 1.44 you are in good shape fellas. Hold that one for a while but if you missed it dont' try to get in now its too late
Would not be surprised to see another closing time spike off this bull flag.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #135,844
  • Aug 27, 2009 2:17pm Aug 27, 2009 2:17pm
Quoting The Fool
I was scalping short around the NY open, then I saw stiff resistance around .4225 and got out. So, you don't think this is maybe just some banksters or hedge fund players running up the price on low volume and short sentiment to trigger those short stops, easily get it up to a nice high level where they can short themselves, because they know the markets are due for a September sell-off & more $ strength...? Or am I just too cynical?
I could well be it Fool, you read my journal and you probably noticed that I dont trade fundamentals beyhond 5 or maybe 10%.

I'm pretty sure it was a delayed response to the 7 year. A lot of people don't pay attention to this kind of things, since equities were down there was a POOL of dumb money begging to be taken.

Also the FED's QE is getting out of hand. Smart money is on the side or short dollar ( for now).

Anyways it does not matter much because technicaly a long move was priced in. I could never forecast such a big move ( ) but the direction was right there in the charts.
  • #135,845
  • Aug 27, 2009 2:17pm Aug 27, 2009 2:17pm
Quoting ashlee_17
Any advice for those who went against the move and sold at 1.4350?
I'm looking for real support about 60 points off the peak, around 4345. So, hang in there and close at break even.
  • #135,846
  • Aug 27, 2009 2:17pm Aug 27, 2009 2:17pm
Quoting ashlee_17
Any advice for those who went against the move and sold at 1.4350?
Consider your fate in the hands of the Asain session... scary
  • #135,847
  • Aug 27, 2009 2:17pm Aug 27, 2009 2:17pm
Quoting TexasforEX
I'll take my weekly TL resistance turning into support,
4HR TL support,
positive RSI cycle,
weekly wedge breaking upside,
FED announcing quantitative easing, ECB does not

over an inverted H & S pattern anyday. Price will be the judge.

guess the moral of the story is to trade YOUR OWN plan. )
"Timing Is Everything. Really I Swear It Is"
  • #135,848
  • Aug 27, 2009 2:18pm Aug 27, 2009 2:18pm
Quoting TexasforEX
What's the problem traders? Doesn't everyone have multiple open longs from 1.35??
see post #96697
"Timing Is Everything. Really I Swear It Is"
  • #135,849
  • Aug 27, 2009 2:19pm Aug 27, 2009 2:19pm
Quoting ashlee_17
Any advice for those who went against the move and sold at 1.4350?

I am still holding mine and will wait and see what happens between now and tommorrow london and ny
I suspect it will turn green sometime soon
Some drink at the fountain of knowledge. Others just gargle !
  • #135,850
  • Aug 27, 2009 2:19pm Aug 27, 2009 2:19pm
Quoting learntowin
Oh,

What an unlucky day again

Today

When i went long, it went down

When i then got back to go short, it wentup

And now when i ve just gone long, it went down again

Just open a position in the direction of trend and don't touch it until it breaks the trend line or meet the other side of channel or break the sub trend. If you open and close and reverse and again and again make sure you can't be successful.
  • #135,851
  • Aug 27, 2009 2:19pm Aug 27, 2009 2:19pm
Quoting Poidog
Consider your fate in the hands of the Asain session... scary
Very scary indeed.. i plan to close my short at around or close to break even
  • #135,852
  • Aug 27, 2009 2:20pm Aug 27, 2009 2:20pm
Quoting ashlee_17
Any advice for those who went against the move and sold at 1.4350?
sell more and average it...but u need money for that in ur pocket
  • #135,853
  • Aug 27, 2009 2:23pm Aug 27, 2009 2:23pm
but wait i think bull run is not over yet
  • #135,854
  • Aug 27, 2009 2:24pm Aug 27, 2009 2:24pm
Quoting ashlee_17
Any advice for those who went against the move and sold at 1.4350?
I went short there too.. i think we should hold it, bc dollar should be getting stronger in september so there is no reason to close and lose money..
Pation is the Holy Grail
  • #135,855
  • Aug 27, 2009 2:24pm Aug 27, 2009 2:24pm
When it's obvious, you're too late.....
  • #135,856
  • Aug 27, 2009 2:25pm Aug 27, 2009 2:25pm
Quoting vinesh2
If you enterd a short at 1.44 you are in good shape fellas. Hold that one for a while but if you missed it dont' try to get in now its too late
BS! Sell all you can. In less than an hour we will see 4320
  • #135,857
  • Aug 27, 2009 2:25pm Aug 27, 2009 2:25pm
Quoting Alihuzaifa
sell more and average it...but u need money for that in ur pocket

What makes you thinks this is gonna come down?
  • #135,858
  • Aug 27, 2009 2:27pm Aug 27, 2009 2:27pm
Quoting CzechTrade
I went short there too.. i think we should hold it, bc dollar should be getting stronger in september so there is no reason to close and lose money..
I just closed it for a few pips loss...
  • #135,859
  • Aug 27, 2009 2:27pm Aug 27, 2009 2:27pm
depress day.....

just after short@ 4264.....then it big move up .......

even no time to set SL.......
  • #135,860
  • Aug 27, 2009 2:27pm Aug 27, 2009 2:27pm
Quoting topestyles
What makes you thinks this is gonna come down?
coz any thing goes up has to come down lol
491 traders viewing now