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  • #180,841
  • Jan 14, 2010 3:17am Jan 14, 2010 3:17am
If you ask me, todays unemployment will be the most relevant issue. + at the same time there is the conf.

Unless something drastic happens with the rate, I guess there will be no surprises...
Greed and impatience are our greatest enemies.
  • #180,842
  • Jan 14, 2010 3:17am Jan 14, 2010 3:17am
Quoting fontu
Yes it should work for some pips , price at or just above 1.4530.as per mk,s teachings before .
fontu
My entry was on the third tail candle at 4520... Will close partly, and move SL to BE.
PS. Sorry, have no chance to post my charts from this PC.
  • #180,843
  • Jan 14, 2010 3:23am Jan 14, 2010 3:23am
I am bearish on the euro.

Top chart shows monthly bars, strong resistance at 1.4561 should push this market down to 1.4098 this quarter.

Bottom chart shows Daily bars, yellow line at 1.4560 is monthly resistance and should push down into 1.4098 also.

USDX is sitting right on support also I think the direction will be determined by retail sales today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur.GIF Size: 19 KB
Click to Enlarge Name: eurd.GIF Size: 21 KB
  • #180,844
  • Jan 14, 2010 3:28am Jan 14, 2010 3:28am
I always find that when the H1 is trading in such a tight range its waiting for a break out. It usually breaks out quite viciously, 100pip more movement in a short period of time.

Just be careful not to be caught out on that one. I dont think anyone knows whether its gonna go up or down now. Thats very risky. A market without direction can only be milked for a while. I think that while is over!

I am eyeing 1.4460 for a buy and 1.4620 for a sell. TP 10 pips.

My weekly target is 50pips which is 5% ROI.
  • #180,845
  • Jan 14, 2010 3:28am Jan 14, 2010 3:28am
I got the signal down now
" Accepting losses is the most important single investment devise "
  • #180,846
  • Jan 14, 2010 3:30am Jan 14, 2010 3:30am
Quoting Seki
My entry was on the third tail candle at 4520... Will close partly, and move SL to BE.
PS. Sorry, have no chance to post my charts from this PC.
Stopped out manualy...
  • #180,847
  • Jan 14, 2010 3:30am Jan 14, 2010 3:30am
Quoting 4exJunki
I always find that when the H1 is trading in such a tight range its waiting for a break out. It usually breaks out quite viciously, 100pip more movement in a short period of time.

Just be careful not to be caught out on that one. I dont think anyone knows whether its gonna go up or down now. Thats very risky. A market without direction can only be milked for a while. I think that while is over!

I am eyeing 1.4460 for a buy and 1.4620 for a sell. TP 10 pips.

My weekly target is 50pips which is 5% ROI.
weekly target just 50 pips...uuuw...that is my minimum daily target ..then your lots are very heavy maybe..
" Accepting losses is the most important single investment devise "
  • #180,848
  • Jan 14, 2010 3:32am Jan 14, 2010 3:32am
take profit set to 1.4475
  • #180,849
  • Jan 14, 2010 3:35am Jan 14, 2010 3:35am
Will trade DAX like this today.

Buy limit 5990 SL 5968 tp 6028
see chart.
Attached Image (click to enlarge)
Click to Enlarge Name: dax140110.jpg Size: 181 KB
Trade on your own risk Plan your trade&trade your plan dont be a
  • #180,850
  • Jan 14, 2010 3:35am Jan 14, 2010 3:35am
Quoting freedom48
weekly target just 50 pips...uuuw...that is my minimum daily target ..then your lots are very heavy maybe..

I trade for a number of clients and i trade 1lot for every 10 000usd.

all i need is a few quality trades for 50 pips p/w and i make a monthly return of 20% pm which is great for them and great for me.

I prefer small quality trades.

It works for me. Just the last week i been caught out once and im down 80 pips. I want to end Jan on a small positive and build from there for rest of 2010.

Taking it easy now.
  • #180,851
  • Jan 14, 2010 3:37am Jan 14, 2010 3:37am
It's sleep time here so I will wake up to a new diection, hopefully! See you in about 8 hours
Doing what you like is Freedom. Liking what you do is Happiness.
  • #180,852
  • Jan 14, 2010 3:39am Jan 14, 2010 3:39am
  • #180,853
  • Jan 14, 2010 3:41am Jan 14, 2010 3:41am
The bitch PA can't break 1.4515 this is the PROBLEM..
" Accepting losses is the most important single investment devise "
  • #180,854
  • Jan 14, 2010 3:42am Jan 14, 2010 3:42am
Quoting freedom48
The bitch PA can't break 1.4515 this is the PROBLEM..
Scream at her, she might change her tune
  • #180,855
  • Jan 14, 2010 3:44am Jan 14, 2010 3:44am
helooo guysss how are you today
im looking at the gold who think we can go for long on it ?
or the news could take it down ?
  • #180,856
  • Jan 14, 2010 3:44am Jan 14, 2010 3:44am
looks good, now watching...
Attached Image (click to enlarge)
Click to Enlarge Name: gu30m.png Size: 25 KB
  • #180,857
  • Jan 14, 2010 3:51am Jan 14, 2010 3:51am
Quoting GulfCoastPip
Scream at her, she might change her tune
Doesnt work, tried several times, she just quietly kicks you in face.
  • #180,858
  • Jan 14, 2010 3:54am Jan 14, 2010 3:54am
Quoting BlueGas
Doesnt work, tried several times, she just quietly kicks you in face.

  • #180,859
  • Jan 14, 2010 3:55am Jan 14, 2010 3:55am
Hi everyone, this is my first post on FF.

No more lurking for me. http://cdn.forexfactory.com/images/icons/icon7.gif

A1
bringing order to chaos....
  • #180,860
  • Jan 14, 2010 3:56am Jan 14, 2010 3:56am
Good morning evyrybody i just wake UP)hows everybody doing.
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