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EURUSD

  • #138,821
  • Sep 4, 2009 4:46am Sep 4, 2009 4:46am
no big movement until nfp
  • #138,822
  • Sep 4, 2009 4:47am Sep 4, 2009 4:47am
I`m not good in drawing diamond formation and I`m aware I may not be the 1st who saw it and not the 1st who posted that image but it`s just an idea and wondering if that scenario may will happen or not?
tell me if am wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: diamond4h.gif Size: 38 KB
Do not follow the path trodden by human laziness.
  • #138,823
  • Sep 4, 2009 4:48am Sep 4, 2009 4:48am
After Non Farm Payroll where do you guys think it will shoot?
  • #138,824
  • Sep 4, 2009 4:50am Sep 4, 2009 4:50am
Quoting UncleSam123
After Non Farm Payroll where do you guys think it will shoot?
If I knew, this boat would be mine:

http://www.geekologie.com/2007/12/20/fat-boat-1.jpg
  • #138,825
  • Sep 4, 2009 4:50am Sep 4, 2009 4:50am
Quoting UncleSam123
After Non Farm Payroll where do you guys think it will shoot?
bulls will try to 1.44 and above
  • #138,826
  • Sep 4, 2009 4:50am Sep 4, 2009 4:50am
Quoting rekin28
Hi Gues

Next 1.4160

I think you are ignoring the vol trend. Market perfectly positioned, almost, for a breakaway to the upside today.
  • #138,827
  • Sep 4, 2009 4:52am Sep 4, 2009 4:52am
I play just for fun small lots.

Short area 1.4304/14
Buy area 1.4200/12

These areas only for scalps 10 to 30 pips

I am a medium term trades I have trades since last 31/08

Next Profit area 1.4122/44 for me

I will watch careful the PA if 1.4370 will be reached.
  • #138,828
  • Sep 4, 2009 4:56am Sep 4, 2009 4:56am
Looks like a good scalping opportunity to the downside:

Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 140 KB
  • #138,829
  • Sep 4, 2009 5:01am Sep 4, 2009 5:01am
Yellow - shorts open
Blue - shorts closed

Average is 1.4328 and not 1.4348 like I said before.
Attached Image
  • #138,830
  • Sep 4, 2009 5:11am Sep 4, 2009 5:11am
goin where the wind blows.. just go with the flow..

waiting for NFP.. forecast --223K / -230K ? up north or goin south ?

just wanna making some cash
  • #138,831
  • Sep 4, 2009 5:17am Sep 4, 2009 5:17am
Quoting moonrider
goin where the wind blows.. just go with the flow..

waiting for NFP.. forecast --223K / -230K ? up north or goin south ?

just wanna making some cash
Recently I've noticed that market don't give a $hit about numbers in the news. Better wait and check the market reaction after the news are released.
  • #138,832
  • Sep 4, 2009 5:19am Sep 4, 2009 5:19am
Trade the reaction not the news.
  • #138,833
  • Sep 4, 2009 5:25am Sep 4, 2009 5:25am
wait'n 1.42 for a long 1h
but bearish in the medium term

sep 2nd half trg 1.40
  • #138,834
  • Sep 4, 2009 5:25am Sep 4, 2009 5:25am
just wait for the dust to settle
  • #138,835
  • Sep 4, 2009 5:25am Sep 4, 2009 5:25am
Quoting perrier
Trade the reaction not the news.
best quote of the week
  • #138,836
  • Sep 4, 2009 5:45am Sep 4, 2009 5:45am
Anyone have a rough idea of the average size of the initial spike?

Around 50pips?

Chngster
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #138,837
  • Sep 4, 2009 5:47am Sep 4, 2009 5:47am
Quoting chngster
Anyone have a rough idea of the average size of the initial spike?

Around 50pips?

Chngster

NFP?

i have seen 100
  • #138,838
  • Sep 4, 2009 5:54am Sep 4, 2009 5:54am
Quoting trading801
NFP?

i have seen 100
I read somewhere the majority of NFPs spike up 40-60pips in the first 60 secs.....then a retracement of about 30-40% kicks in... Like the 7th August one for example.

100 is bloody heaps...
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #138,839
  • Sep 4, 2009 5:57am Sep 4, 2009 5:57am
Quoting ashlee_17
just wait for the dust to settle
If those are pixie dust, can spare some for me?
  • #138,840
  • Sep 4, 2009 6:06am Sep 4, 2009 6:06am
Quoting chngster
I read somewhere the majority of NFPs spike up 40-60pips in the first 60 secs.....then a retracement of about 30-40% kicks in... Like the 7th August one for example.

100 is bloody heaps...

i wrote about NFP last month on my blog.. you can take a look if you wish..

http://www.thegeekknows.com/2009/06/...d-eur-usd.html
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