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EURUSD

  • #148,681
  • Oct 2, 2009 2:45am Oct 2, 2009 2:45am
Quoting viljam
I did the same it was not the best idea i think.
might not be bad entry---525 ----61 fib
  • #148,682
  • Oct 2, 2009 2:53am Oct 2, 2009 2:53am
hmm anyway the nfp will whip out both sides of SL probably if you are on the wrong fence at the wrong time
  • #148,683
  • Oct 2, 2009 2:54am Oct 2, 2009 2:54am
Quoting dreeamer
Perhaps breaking news on http://www.independent.ie/ or http://www.sbpost.ie/
the start of counting votes is set to 8 GMT, tomorrow morning.
there might be a result on Sunday eve
never believe your expectations, trust only your eye sight
  • #148,684
  • Oct 2, 2009 2:57am Oct 2, 2009 2:57am
Quoting trading801
hmm anyway the nfp will whip out both sides of SL probably if you are on the wrong fence at the wrong time
No doubt , below 1.44 & above 1.48 will do or none ?taking risk one sided only but will close existing before that event.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #148,685
  • Oct 2, 2009 2:59am Oct 2, 2009 2:59am
Quoting fontu
No doubt , below 1.44 & above 1.48 will do or none ?taking risk one sided only.
fontu

i guess depends on where the price is when the party start.. i think i have seen >100pips b4..
  • #148,686
  • Oct 2, 2009 3:23am Oct 2, 2009 3:23am
hic image too big
VFX
  • #148,687
  • Oct 2, 2009 3:32am Oct 2, 2009 3:32am
Hi Guys,

I have few running trades. Since there is NFE release, i am bit confused whether to close the trades or adjust my SL, so that I could avoid from hitting it. Need you guys advice.

-myfx-
-happyTrading-myFx.
  • #148,688
  • Oct 2, 2009 3:45am Oct 2, 2009 3:45am
this 50% fib has been tested more than three times without success. if broken, should be a god ride down. if not expect some rapid movements to the north
  • #148,689
  • Oct 2, 2009 3:46am Oct 2, 2009 3:46am
Quoting sed34
why
think I'll get it?
  • #148,690
  • Oct 2, 2009 3:48am Oct 2, 2009 3:48am
Quoting myfx
Hi Guys,

I have few running trades. Since there is NFE release, i am bit confused whether to close the trades or adjust my SL, so that I could avoid from hitting it. Need you guys advice.

-myfx-

are u profiting or in red?
  • #148,691
  • Oct 2, 2009 3:50am Oct 2, 2009 3:50am
Yay it is going up.
Watch US futures, they are next.
----- Dragonfly out in the sun you know what I mean, don't you know
  • #148,692
  • Oct 2, 2009 3:51am Oct 2, 2009 3:51am
Quoting trading801
are u profiting or in red?

Hi 801,

I am in red for 2 setups and green in one setup.
-happyTrading-myFx.
  • #148,693
  • Edited 4:00am Oct 2, 2009 3:52am | Edited 4:00am
Quoting sophiaphia
Yay it is going up.
Watch US futures, they are next.
As I said earlier this isn't written in stone to go up .I'm actually looking to short soon myself
ppi euro go to 70
  • #148,694
  • Oct 2, 2009 4:01am Oct 2, 2009 4:01am
i am with...till 1.44xx
Attached Image
  • #148,695
  • Oct 2, 2009 4:06am Oct 2, 2009 4:06am
Quoting myfx
I have few running trades. Since there is NFE release, i am bit confused whether to close the trades or adjust my SL, so that I could avoid from hitting it. Need you guys advice.
if you haven't already considered it all it may help you in reflecting on your situation...

1. Adjusting your stop loss may:
a) just mean your stop loss being hit at a worst position
b) save you from being taken out by a spike and then who knows
c) Refer to a)

2. Closing your trades may:
a) minimise/eliminate your exposure to the market in this uncertain market leaving you with your current situation's loss or profit and potentially save your account an insult, and allow you to resettle and wait for another entry setup
b) leave you staring at the screen as the market heads in the "right" direction momentously right after you closed your positions, the amount of blank staring directly proportional to the loss of the trade
c) relieve you of any potential adverse effects of tic watching during news/announcements

3. Leaving your position open may:
a) give you a nice dose of excitement
b) give your account a nice boost
c) make a bearish retracement on your balance graph

of course this all depends on the size of the exposure, what your trading rules are and what % of your account you risk per trade.
  • #148,696
  • Oct 2, 2009 4:06am Oct 2, 2009 4:06am
Quoting myfx
Hi Guys,

I have few running trades. Since there is NFE release, i am bit confused whether to close the trades or adjust my SL, so that I could avoid from hitting it. Need you guys advice.

-myfx-
I dont have any NFE in my calender what is that?
  • #148,697
  • Oct 2, 2009 4:09am Oct 2, 2009 4:09am
Quoting Alihuzaifa
i am with...till 1.44xx
http://cdn.forexfactory.com/attachme...1&d=1254474057

rock bottom?
  • #148,698
  • Oct 2, 2009 4:10am Oct 2, 2009 4:10am
Quoting Alihuzaifa
I dont have any NFE in my calender what is that?
Its the total # of condoms imported and exported around the world
  • #148,699
  • Oct 2, 2009 4:23am Oct 2, 2009 4:23am
Quoting Fly2
Its the total # of condoms imported and exported around the world
how does it effects on currencies?
  • #148,700
  • Oct 2, 2009 4:24am Oct 2, 2009 4:24am
Quoting dreeamer
if you haven't already considered it all it may help you in reflecting on your situation...

1. Adjusting your stop loss may:
a) just mean your stop loss being hit at a worst position
b) save you from being taken out by a spike and then who knows
c) Refer to a)

2. Closing your trades may:
a) minimise/eliminate your exposure to the market in this uncertain market leaving you with your current situation's loss or profit and potentially save your account an insult, and allow you to resettle and wait for another entry setup
b) leave you staring...

Hi Dreaamer,

Thank you man ...very well explained, thank u again. I don't usually trade on this particular day, but I entered into these trade couple of days back.

Your instruction will enable me to come with a right decision.

-myfx-
-happyTrading-myFx.
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