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EURUSD

  • #148,781
  • Oct 2, 2009 8:26am Oct 2, 2009 8:26am
Quoting fxswing
Do yourself a favor people.

More sellers than buyers - it's going down
More buyers than sellers - it's going up

It's really as simple as that. Don't search smart reasons to explain moves.
Supply and demand move the markets, not the logic !
I would say more money on a side instead of the amount of buyers/sellers
  • #148,782
  • Edited 8:30am Oct 2, 2009 8:27am | Edited 8:30am
4 minutes too see what happens when Wall Street does what it wants to do
  • #148,783
  • Oct 2, 2009 8:28am Oct 2, 2009 8:28am
Quoting fxswing
Do yourself a favor people.

More sellers than buyers - it's going down
More buyers than sellers - it's going up

It's really as simple as that. Don't search smart reasons to explain moves.
Supply and demand move the markets, not the logic !
hmmm... i take some profits when i do a long trade...

But logically is it like that? USD down... EUR/USD up
  • #148,784
  • Oct 2, 2009 8:29am Oct 2, 2009 8:29am
Quoting Byrd
Have we printed recently? That's already priced in. ECB, SNB, China, and the US don't want a weak dollar. That's been made known publicly with obvious interventions.

The US doesn't mind a weak dollar in good economic times, same with euro. Those times we are not in. Go long
You don't always get what you want, the currencies are in the hands of the trading money. SNB will lose out eventually, and so will USD, though that's longer term.
Trading in 1 hour TF, just get the daily right and you're made.
  • #148,785
  • Oct 2, 2009 8:30am Oct 2, 2009 8:30am
so goldman was right ... wheres jay lol
  • #148,786
  • Oct 2, 2009 8:31am Oct 2, 2009 8:31am
Quoting IllegalOps
hmmm... i take some profits when i do a long trade...

But logically is it like that? USD down... EUR/USD up
hope you're not trading with real money.
  • #148,787
  • Oct 2, 2009 8:31am Oct 2, 2009 8:31am
Quoting trading801
so goldman was right ... wheres jay lol
his longs will eventually come back to him I'm sure.But thats why I hate long term trades.Make a few hundred pips in a month when 1 can trade the 15 to 4 hour chart and rake the pips in on the way
  • #148,788
  • Oct 2, 2009 8:31am Oct 2, 2009 8:31am
Yeyey

First time i did it right got round 50 pips wihch is ok for me and now i am out other wise i will loose it all again. Today i got round 80 pipes total

I event wont open any chart´s otherwise i might see smth there for going in again
  • #148,789
  • Oct 2, 2009 8:32am Oct 2, 2009 8:32am
S&P 500 ready to bounce ?

At least there is a good reference point there around 1019 cash ...
Attached Image (click to enlarge)
Click to Enlarge Name: SP500 10-2-2009 3-28-48 PM.png Size: 58 KB
Getting it right is NOT as important as not getting it wrong.
  • #148,790
  • Oct 2, 2009 8:35am Oct 2, 2009 8:35am
Funny NFP , have time to see effeecs now . My 1.4481pending buy even not acticated & now not thinking will cpme down for 2nd round after 1 hr.all my longs set before in action & taking profit each after the other till the last one .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #148,791
  • Oct 2, 2009 8:35am Oct 2, 2009 8:35am
Quoting trading801
so goldman was right ... wheres jay lol
Right here about to be gone for the next 18 hours, I got a headache and I'm in one of my patented pissy moods.

But aside from that, I'm just f@#king peachy *grin*

But my trade is holding up. Got to love it when a plan comes together.

Oh yeah! Some people should sit down, shut up and listen to Professor Xaron. He'll teach you a thing or two about economics and trading. Hell, he just did.

Were you sitting and listening to the class or were you busy throwing spitballs at the blackboard?
Not all sins are created equal
  • #148,792
  • Oct 2, 2009 8:36am Oct 2, 2009 8:36am
Quoting fxswing
Looks like 1.4521 was the breakdown level, let's test the breakout level at 1.4572 now
Nice technical market, let's see if we have a breakout above 1.4572 and short covering...
Getting it right is NOT as important as not getting it wrong.
  • #148,793
  • Oct 2, 2009 8:37am Oct 2, 2009 8:37am
1.48 today waiting waiting.
go up up if it pleases the forex gods.
As mentioned, NFP and Iran news last night (Eastern time).
I will stay with my position for a big swing on this pair.
----- Dragonfly out in the sun you know what I mean, don't you know
  • #148,794
  • Oct 2, 2009 8:38am Oct 2, 2009 8:38am
Go up to 1.50. It will be a Jolly Merry F@#king Christmas!
Not all sins are created equal
  • #148,795
  • Oct 2, 2009 8:40am Oct 2, 2009 8:40am
Quoting sophiaphia
1.48 today waiting waiting.
go up up if it pleases the forex gods.
1.4690 would be quite nice for today, we have to leave some for next week and not shoot directly to 1.48

But 1.4636 is probably more realist...
Getting it right is NOT as important as not getting it wrong.
  • #148,796
  • Oct 2, 2009 8:42am Oct 2, 2009 8:42am
Quoting sophiaphia
1.48 today waiting waiting.
go up up if it pleases the forex gods.
As mentioned, NFP and Iran news last night (Eastern time).
I will stay with my position for a big swing on this pair.
i would agree here with Sophiaphia cus $ is damn weak we might see 1.47 i guess
  • #148,797
  • Oct 2, 2009 8:43am Oct 2, 2009 8:43am
Next weeks schedule: How low can USD drop before EUR/JPY intervenes. My guess is to hell.
  • #148,798
  • Oct 2, 2009 8:47am Oct 2, 2009 8:47am
Quoting nvcK
Next weeks schedule: How low can USD drop before EUR/JPY intervenes. My guess is to hell.
Who is "EUR/JPY" and why should "it" intervene?
  • #148,799
  • Oct 2, 2009 8:47am Oct 2, 2009 8:47am
Quoting Jay Walker
Right here about to be gone for the next 18 hours, I got a headache and I'm in one of my patented pissy moods.

But aside from that, I'm just f@#king peachy *grin*

But my trade is holding up. Got to love it when a plan comes together.

Oh yeah! Some people should sit down, shut up and listen to Professor Xaron. He'll teach you a thing or two about economics and trading. Hell, he just did.

Were you sitting and listening to the class or were you busy throwing spitballs at the blackboard?
WELCOME TO MY WORLD ! /*^* (headache)
hang on to your bread......unless you want toast
  • #148,800
  • Oct 2, 2009 8:50am Oct 2, 2009 8:50am
Flashback:
http://www.forexfactory.com/news.php?do=news&id=157044 (posted by Jay)
or directly
http://www.cnbc.com/id/29598949

And with that I say good night(day) & have a great weekend all!
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