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EURUSD

  • #155,681
  • Oct 26, 2009 10:44am Oct 26, 2009 10:44am
a bounce expected (not higher that 4990-4995)
  • #155,682
  • Oct 26, 2009 10:45am Oct 26, 2009 10:45am
Quoting Trading Cat
why did everything drop so quickly? did anything major happen?
Someone click a wrong button, I think he is getting fired at this moment.
  • #155,683
  • Oct 26, 2009 10:45am Oct 26, 2009 10:45am
support is at 49492
  • #155,684
  • Oct 26, 2009 10:46am Oct 26, 2009 10:46am
For sh*ts and giggles, I shorted this pair last night, mailnly because I have enough USDCAD longs. Not sure what happened this morning, but I'm liking the down move. Already out (49 pips here, and recovering pips in my USDCAD longs).
Si vis pacem, para bellum.
  • #155,685
  • Oct 26, 2009 10:47am Oct 26, 2009 10:47am
Quoting Jm4x
Thanks for the advice but without offenses, can I stay in coz i'm making some pips ?
oh you are the one that kept my pips , hehehe no prob. you are friend
  • #155,686
  • Oct 26, 2009 10:47am Oct 26, 2009 10:47am
Quoting Forex4pty
Someone click a wrong button, I think he is getting fired at this moment.

I just don't see any news nor anything else apart for my charts telling me all went to shit
Trade on your own risk Plan your trade&trade your plan dont be a
  • #155,687
  • Oct 26, 2009 10:48am Oct 26, 2009 10:48am
Quoting vinesh2
Its Monday slow news days. Don't trust these moves. Stay out if you can
Of course I could be very wrong, but I trust it as it fits perfectly in the daily upsloping trend-channel.
It could reach levels around 4500 reaching lower-channel
Don't be a hero. Don't have an ego. Always question yourself
  • #155,688
  • Oct 26, 2009 10:49am Oct 26, 2009 10:49am
slightly possitive for dollar bulls now..but a break of a commodity pair trendline line the aud would be better. cad already agrees..a breach of 4945 could bring us down to 4828 ish short term....
Attached Image(s) (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #155,689
  • Oct 26, 2009 10:49am Oct 26, 2009 10:49am
Quoting Trading Cat

I just don't see any news nor anything else apart for my charts telling me all went to shit
Several banks and funds consolidating their positions.
  • #155,690
  • Oct 26, 2009 10:49am Oct 26, 2009 10:49am
Quoting USD-Bear
Of course I could be very wrong, but I trust it as it fits perfectly in the daily upsloping trend-channel.
It could reach levels around 4500 reaching lower-channel
can you share a chart to see what you are talking about?
  • #155,691
  • Oct 26, 2009 10:50am Oct 26, 2009 10:50am
Quoting vinesh2
Ofcourse stay in if you makin pips but dont be greedy and gobble up your pips and be satisfied with it
I agree with you in all of this. You just affraid me saying to stay out
"I will walk before they make me run" K.Richards
  • #155,692
  • Oct 26, 2009 10:51am Oct 26, 2009 10:51am
Quoting Trading Cat
why did everything drop so quickly? did anything major happen?
look at charts posted.. it could of went either way..but the odds were lower. r/r was much better lower
those who can, do. those who cant, talk about those who can
  • #155,693
  • Oct 26, 2009 10:51am Oct 26, 2009 10:51am
Hi folks,
I'm seeing positive momentum now (north).
I'll be entering a long position very slowly with tiny longs as it moves up.
I'm starting with 1.4960 now.
  • #155,694
  • Oct 26, 2009 10:51am Oct 26, 2009 10:51am
I am thinking if it breaks below 4950 then 4850 to 4800 will be the next long entry point...we will see
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd trend retrace.gif Size: 29 KB
  • #155,695
  • Oct 26, 2009 10:52am Oct 26, 2009 10:52am
Quoting Forex4pty
can you share a chart to see what you are talking about?
Personally I think it can reach even 4400-4430 area
  • #155,696
  • Oct 26, 2009 10:55am Oct 26, 2009 10:55am
Quoting gatorinla
look at charts posted.. it could of went either way..but the odds were lower. r/r was much better lower
yea I had the trendline on my charts too. I just didn't expect it to come down this hard/quick. The chart never lies
Trade on your own risk Plan your trade&trade your plan dont be a
  • #155,697
  • Oct 26, 2009 10:55am Oct 26, 2009 10:55am
entered long.. tight SL
Pation is the Holy Grail
  • #155,698
  • Oct 26, 2009 10:55am Oct 26, 2009 10:55am
Quoting PipVip
Hi folks,
I'm seeing positive momentum now (north).
I'll be entering a long position very slowly with tiny longs as it moves up.
I'm starting with 1.4960 now.
Keep your SL tight, DOW is not looking well
  • #155,699
  • Oct 26, 2009 10:56am Oct 26, 2009 10:56am
Quoting Forex4pty
can you share a chart to see what you are talking about?
Something like this:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0001.png Size: 92 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #155,700
  • Oct 26, 2009 10:57am Oct 26, 2009 10:57am
May not happend this week
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