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  • #152,421
  • Oct 14, 2009 8:05pm Oct 14, 2009 8:05pm
Did somebody ask for me?

OK - what happened to the Bank of Korea's Great Wall at .4950? They pulled it up and moved north that's what. It's a full on euro stampede now.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #152,422
  • Oct 14, 2009 8:06pm Oct 14, 2009 8:06pm
going to 1.50
  • #152,423
  • Oct 14, 2009 8:09pm Oct 14, 2009 8:09pm
Quoting sophiaphia
Ouch! Forex brothers we need to come together not war! Oh and "slagging" sounds very naughty?!
Oh, it's not my usual form. I always wish my fellow brother and sister traders good trades always. This one was an exception. You must have missed some of his insulting posts not only to myself but to others that were totally uncalled for.

And "slagged off" in my world means "to insult". Maybe it means something else in your part of the world.

http://www.urbandictionary.com/defin...rm=slagged+off

Good trades (with the trend of course!)
Nothing worth having is easy.
  • #152,424
  • Oct 14, 2009 8:10pm Oct 14, 2009 8:10pm
Quoting ziko123
now up +35, don't fight the clear trend and just make money
now +50, set stop at BE and take profit at 1.5
  • #152,425
  • Oct 14, 2009 8:10pm Oct 14, 2009 8:10pm
Quoting The Fool
Did somebody ask for me?

OK - what happened to the Bank of Korea's Great Wall at .4950? They pulled it up and moved north that's what. It's a full on euro stampede now.

For the looks of it, it will be the ECB that will need to push this down.

We need someone to buy our exports...

Now, if i just knew the magic number...
Traders are smartasses
  • #152,426
  • Oct 14, 2009 8:10pm Oct 14, 2009 8:10pm
i did now some nice 50 pip recovery from earlier time.
  • #152,427
  • Oct 14, 2009 8:11pm Oct 14, 2009 8:11pm
Quoting ak4x
The Scottster...
http://www.forexfactory.com/showthre...=1#post3148112


Alas, it's probably only temporary, but One can always Hope.

Attachment
Saw that! I'm grateful that he's done that.
Not all sins are created equal
  • #152,428
  • Oct 14, 2009 8:19pm Oct 14, 2009 8:19pm
Quoting Patience
Oh, it's not my usual form. I always wish my fellow brother and sister traders good trades always.
Yeah but some of them slaggmuffins'll really tick you off if you let 'em.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #152,429
  • Oct 14, 2009 8:23pm Oct 14, 2009 8:23pm
Quoting Bemac
What TF are you doing in here? I came for a little ... and I find YOU here.
I saw AK earlier...
Is it a Mission to put this thread back on the tracks?
Not even Tom Cruise or Mighty Mouse could do that Bill. Only Snprr and he be MIA...

Attached Image
FUBAR...
  • #152,430
  • Oct 14, 2009 8:23pm Oct 14, 2009 8:23pm
Quoting Spsantos
For the looks of it, it will be the ECB that will need to push this down.

We need someone to buy our exports...
You puttin' up Trichet against Uncle Ben in a Celebrity Death Match? No contest. The Fed has got the euro right where it needs it to go and there's nothing to be done about it until they hike a rate.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #152,431
  • Oct 14, 2009 8:27pm Oct 14, 2009 8:27pm
15 Minute chart...
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 16 KB
  • #152,432
  • Oct 14, 2009 8:27pm Oct 14, 2009 8:27pm
Quoting Patience
Oh, it's not my usual form...
P.... I missed your little Rant earlier on as I was engaged in one of my own at the time, but I did go back and find your original post. Well said.

FUBAR...
  • #152,433
  • Oct 14, 2009 8:28pm Oct 14, 2009 8:28pm
This is a tough trend to reenter! I was half way to my target of 1.50 when I was shaken out earlier in the day shortly before the US retail event risk.

It was my first open trade while market moving news was being released and I wasn't sure how to manage the situation so I just got out with half of my profits. When I'm confused I just get out.

I thought overnight session would consist of consolidation around 4910/30 giving me another shot at an entry close to 4900. I did not consider the scenario of price continuing higher without pause.
  • #152,434
  • Oct 14, 2009 8:31pm Oct 14, 2009 8:31pm
Quoting Jay Walker
I'm still on my soon to be famous entry on the monthly frame. 1.4338 which I entered August 2nd.

http://i34.tinypic.com/21c724j.gif


A few weeks ago, Peter was talking about 1.47 which made me drool like Homer on a donut. Xaron was talking before about 1.50 by year end.

1.59 being tested is like music to my ears
Congratulations jay whats your target by christmas 2009
  • #152,435
  • Oct 14, 2009 8:32pm Oct 14, 2009 8:32pm
Quoting science
This is a tough trend to reenter! I was half way to my target of 1.50 when I was shaken out earlier in the day shortly before the US retail event risk.

It was my first open trade while market moving news was being released and I wasn't sure how to manage the situation so I just got out with half of my profits. When I'm confused I just get out.

I thought overnight session would consist of consolidation around 4910/30 giving me another shot at an entry close to 4900. I did not consider the scenario of price continuing...
We are due for a little breather of 30 or 40 pips... but whether or not that will happen before 1.50 is anybody's guess.
  • #152,436
  • Oct 14, 2009 8:35pm Oct 14, 2009 8:35pm
Quoting The Fool
You puttin' up Trichet against Uncle Ben in a Celebrity Death Match? No contest. The Fed has got the euro right where it needs it to go and there's nothing to be done about it until they hike a rate.

Well, the more Ben prints, the more he's gonna need to have the "euro right where it needs it"

Right now he'll need about 50% more, and if he eventually tries to keep euro strong (>1.50)...

And since we're on a low volume market (actually i'm justing chilling, no more trading this week), and gold has been interestingly higher... a good read:

http://jessescrossroadscafe.blogspot...ve-in-its.html
Traders are smartasses
  • #152,437
  • Oct 14, 2009 8:39pm Oct 14, 2009 8:39pm
Is there a doubt in anyone's mind that we're going to hit 1.50? Let's hear it...
  • #152,438
  • Oct 14, 2009 8:39pm Oct 14, 2009 8:39pm
Quoting FX-Petra
We are due for a little breather of 30 or 40 pips... but whether or not that will happen before 1.50 is anybody's guess.
Yes, but if that breather doesn't come soon (AS IN NOW lol) the R:R wont be worth it for me. I was not planning on trading EUR/USD north of 1.50, but price action will let me know what I should do.
  • #152,439
  • Oct 14, 2009 8:43pm Oct 14, 2009 8:43pm
North of 1.50 when the U.S. Unemployment Claims come out.

I'm ready to bet the princely sum of $1 on that.
Not all sins are created equal
  • #152,440
  • Oct 14, 2009 8:44pm Oct 14, 2009 8:44pm
Quoting 2+2=4ex
Is there a doubt in anyone's mind that we're going to hit 1.50? Let's hear it...

it took from them a lot effort to bring EUR to that point, no way it won't hit 1.5 this week, impossible
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