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  • #183,641
  • Jan 21, 2010 7:42pm Jan 21, 2010 7:42pm
Let's see if it can get past 1.414. Readying my bullet for longs
  • #183,642
  • Jan 21, 2010 7:42pm Jan 21, 2010 7:42pm
I cut my Euro short today. Looking to reenter on a pullback or a break of 1.4000.

Any thoughts.
  • #183,643
  • Jan 21, 2010 7:44pm Jan 21, 2010 7:44pm
Euro seems is rising!
Let the bulls out!
  • #183,644
  • Jan 21, 2010 7:44pm Jan 21, 2010 7:44pm
Quoting c2v4l
Let's see if it can get past 1.414. Readying my bullet for longs
Are you sure? This area resisted pretty much today.
  • #183,645
  • Jan 21, 2010 7:49pm Jan 21, 2010 7:49pm
i pulled out fib and see 161 is matching on other side is this posible to get that high soon!? how do you use this fib here does it retrace to 50 then up 161 ?
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  • #183,646
  • Jan 21, 2010 7:51pm Jan 21, 2010 7:51pm
Quoting paulw6182
i pulled out fib and see 161 is matching on other side is this posible to get that high soon!? how do you use this fib here does it retrace to 50 then up 161 ?
There is no automatism in using Fibos... but as with everything in Forex... two traders, three opinions.
  • #183,647
  • Jan 21, 2010 7:56pm Jan 21, 2010 7:56pm
i dont wanna say it but it may break it
  • #183,648
  • Jan 21, 2010 7:59pm Jan 21, 2010 7:59pm
This may be the beginning of another consolidation period such as the one we had from about 18th Jan to about 9th Feb where we were stuck in a 200 pip range (that scalpers loved!).

Not saying that this is happening/going to happen.....just food for thought
Doing what you like is Freedom. Liking what you do is Happiness.
  • #183,649
  • Jan 21, 2010 8:03pm Jan 21, 2010 8:03pm
Quoting realjumper
This may be the beginning of another consolidation period such as the one we had from about 18th Jan to about 9th Feb where we were stuck in a 200 pip range (that scalpers loved!).

Not saying that this is happening/going to happen.....just food for thought
First time for this week soo down(
  • #183,650
  • Jan 21, 2010 8:04pm Jan 21, 2010 8:04pm
Quoting SashaP
i dont wanna say it but it may break it
I could help breaking it, I just need to open a single short position right now, and it will immediately tur against me
  • #183,651
  • Jan 21, 2010 8:07pm Jan 21, 2010 8:07pm
Feel myself soo down..Hate loses
  • #183,652
  • Jan 21, 2010 8:07pm Jan 21, 2010 8:07pm
Quoting tusa
Do you still confidence for eur will rise now? It seems sooo weak too.
EUR rising.. Slowly, but surely.. It's still 9 PM here but I'm leaving.. All pending orders are

placed, see you, tomorrow, hopefully at 1.43..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #183,653
  • Jan 21, 2010 8:09pm Jan 21, 2010 8:09pm
Quoting SashaP
First time for this week soo down(
It's not that bad Sasha......Europe is still in an economic mess that will be harder to climb out of the the USA economic mess. My bets are on a stronger US economy before EU gets stronger.

Are you stuck in a short?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #183,654
  • Jan 21, 2010 8:09pm Jan 21, 2010 8:09pm
Quoting TrooperCoope
There is no automatism in using Fibos... but as with everything in Forex... two traders, three opinions.
yes nothing is clear cut. but thats the problem your trend will show you trend change but you ussualy need some sort of retrace to enter then that way thats the hard part i guess so is a valid anough chart opinion. cheers
  • #183,655
  • Jan 21, 2010 8:10pm Jan 21, 2010 8:10pm
terribly(added lots
will close 1.4150 for sure
my girlfriend will kill me LOL
  • #183,656
  • Jan 21, 2010 8:12pm Jan 21, 2010 8:12pm
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
been long since .4101. TP is .4170. locked in BE and its a small lot long since its counter trend.
  • #183,657
  • Jan 21, 2010 8:12pm Jan 21, 2010 8:12pm
Quoting paulw6182
yes nothing is clear cut. but thats the problem your trend will show you trend change but you ussualy need some sort of retrace to enter then that way thats the hard part i guess so is a valid anough chart opinion. cheers
other way can go to lower tf and enter fresh signal
  • #183,658
  • Jan 21, 2010 8:13pm Jan 21, 2010 8:13pm
its terrible cause it slowly going up
  • #183,659
  • Jan 21, 2010 8:15pm Jan 21, 2010 8:15pm
Quoting SashaP
terribly(added lots
will close 1.4150 for sure
my girlfriend will kill me LOL
Difficult position to be in....and I've been there too. Sometimes it's better to cut the losses so as to leave enough capital with which to rebuild.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #183,660
  • Jan 21, 2010 8:16pm Jan 21, 2010 8:16pm
Quoting SashaP
terribly(added lots
will close 1.4150 for sure
my girlfriend will kill me LOL
Don't worry man. You use MM, my stop's are there too...we are still in a DT...if the stops get hit, they get hit.

That's why they're there.

Good luck to both of us lol.

Donnie
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