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  • #170,561
  • Dec 10, 2009 6:18am Dec 10, 2009 6:18am
if it break 1.48 today, it will go to 1.49xx tomorrow, but if it remains below 1.476, we will test 1.462 definitely but to be honest i doubt it will go there unless another bad news from eurozone is coming. I put stop buy order @ 1.4785 TP 1.49 SL 1.47 and also limit buy @ 1.4625 TP will be determined later with tight SL @ 1.4595. Good Luck everyone.
  • #170,562
  • Dec 10, 2009 6:19am Dec 10, 2009 6:19am
Entered a long at 47276. T/P target at 47496
  • #170,563
  • Dec 10, 2009 6:22am Dec 10, 2009 6:22am
Quoting Arya323
Entered a long at 47276. T/P target at 47496
a bit early....should wait 1 hour for the news....like the rest of us
IT'S ALL ,,,, Only money in the bank count
  • #170,564
  • Dec 10, 2009 6:23am Dec 10, 2009 6:23am
Quoting tt_danu
a bit early....should wait 1 hour for the news....like the rest of us
Yeah, always made that mistake. Realized when I was looking at the calendar. Liquid with 4 pips in the bank.
  • #170,565
  • Dec 10, 2009 6:24am Dec 10, 2009 6:24am
Quoting essenza
if it break 1.48 today, it will go to 1.49xx tomorrow, but if it remains below 1.476, we will test 1.462 definitely but to be honest i doubt it will go there unless another bad news from eurozone is coming. I put stop buy order @ 1.4785 TP 1.49 SL 1.47 and also limit buy @ 1.4625 TP will be determined later with tight SL @ 1.4595. Good Luck everyone.

similar togthts, only I putted buy @1.4690. I seriosly dobt it will make runner for 625 before any serious retrace (till around 900 at least)
  • #170,566
  • Dec 10, 2009 6:47am Dec 10, 2009 6:47am
A triangle formation is likely unfolding on EU. Espect a break of 1.4690 level.
IL SUCCESSO E' UNA SCIENZA ESATTA.
  • #170,567
  • Dec 10, 2009 6:59am Dec 10, 2009 6:59am
Quoting T.E.Lawrence
Watching and analyzing the weekly chart I have this idea that I could just short anywhere here and then stay aside for a few or even many weeks watching the pair dropping down. I would do that if I was a long term trader, but unfortunately my account doesn't allow big stop losses. This whole picture is pretty clear to me, and I have this feeling that it would be very profitable to just short here and close the charts.

Many times I see great and clear opportunities on longer time frames, and it looks like trading these tf's is much easier than...
Whats the point in holding a position for weeks or months in drawdown when you could be making pips everyday and growing your account twice the size as your single trade if it even wins at all?
BTC Return This Year: na
  • #170,568
  • Dec 10, 2009 7:09am Dec 10, 2009 7:09am
Quoting tt_danu
a bit early....should wait 1 hour for the news....like the rest of us
erm, what news? wasn't following the latest tbh
  • #170,569
  • Dec 10, 2009 7:13am Dec 10, 2009 7:13am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting T.E.Lawrence
Watching and analyzing the weekly chart I have this idea that I could just short anywhere here and then stay aside for a few or even many weeks watching the pair dropping down. I would do that if I was a long term trader, but unfortunately my account doesn't allow big stop losses. This whole picture is pretty clear to me, and I have this feeling that it would be very profitable to just short here and close the charts.
just do it mate and dont let ppl interfere with your decision ...
  • #170,570
  • Dec 10, 2009 7:23am Dec 10, 2009 7:23am
Quoting G_Man
just do it mate and dont let ppl interfere with your decision ...
i like ure display pic :d
  • #170,571
  • Dec 10, 2009 7:23am Dec 10, 2009 7:23am
It will be wise to keep watching and do when it is clear. I will be buying if it can't break the support 1 and or will be selling if it can't break resistance 1. This is the best thing to do today.
  • #170,572
  • Dec 10, 2009 7:27am Dec 10, 2009 7:27am
Quoting tundeakins
It will be wise to keep watching and do when it is clear. I will be buying if it can't break the support 1 and or will be selling if it can't break resistance 1. This is the best thing to do today.
Whats ure S1 and R1
  • #170,573
  • Dec 10, 2009 7:30am Dec 10, 2009 7:30am
wow EU now in the pivot level, this is very interesting, Dow already take off, commodities pair also at their top but gold and oil not move at all. I sttick with the plan just hope it will work out
  • #170,574
  • Dec 10, 2009 7:32am Dec 10, 2009 7:32am
one good
one bad

what now ?
  • #170,575
  • Dec 10, 2009 7:33am Dec 10, 2009 7:33am
Quoting alhawaj
one good
one bad

what now ?
watch ur chart it will tell u ....
Trade on your own risk Plan your trade&trade your plan dont be a
  • #170,576
  • Dec 10, 2009 7:34am Dec 10, 2009 7:34am
Bad news EURO so weak Relative Strength(RS) at 3.6

Good news Dollar even weaker RS 2.5 and even better news that

JPY RS is 2.7

Important data just came out: Jobless Claims rose to 474,000

Looks like EUR bumping on the news

And USD RS drop to 1.7
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #170,577
  • Dec 10, 2009 7:35am Dec 10, 2009 7:35am
what Euro strengthens on what is good fundamental dollar news.
  • #170,578
  • Edited 7:58am Dec 10, 2009 7:35am | Edited 7:58am
good so far , getting better price for shorts & hope not suffer much loss doing so.surely a false spike up I see due
Unemployment Claims negative .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #170,579
  • Dec 10, 2009 7:36am Dec 10, 2009 7:36am
nothing clear...but i still suport long.....this might be a good vacation mounth....
i won't react untill i see a new trend......forming or whatever.....in this moment...it is lotery....let's se what the banks do
IT'S ALL ,,,, Only money in the bank count
  • #170,580
  • Dec 10, 2009 7:40am Dec 10, 2009 7:40am
traders need a vacation and to rethink what they done, they sold the dollar when trade deficit narrowed.
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