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EURUSD

  • #188,681
  • Feb 2, 2010 11:42pm Feb 2, 2010 11:42pm
Are you sure it's going down?
The Thief of Wall Street
  • #188,682
  • Feb 2, 2010 11:47pm Feb 2, 2010 11:47pm
Quoting Radik
Is anyone else still short??? damned whatta slow day...
Yup...short all day, and all day in the red. Waiting for it to drop about 30 pips to finally hit my TP. I was getting excited a few hours ago when it finally started moving, but seems to have slowed down to a snail's pace. At this rate I wonder if it'll even happen by the time I get up in the morning.
  • #188,683
  • Feb 2, 2010 11:50pm Feb 2, 2010 11:50pm
No point for short



Just couple pips from a night

have 4 open positions on G/j long and 1 on e/u
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  • #188,684
  • Feb 2, 2010 11:52pm Feb 2, 2010 11:52pm
I have a small, 1 day short position (neutral all day). but waiting for approx. 1.3755 and 1.3805 to go long. Any thoughts?
  • #188,685
  • Feb 2, 2010 11:54pm Feb 2, 2010 11:54pm
Quoting fxpipper
Yup...short all day, and all day in the red. Waiting for it to drop about 30 pips to finally hit my TP. I was getting excited a few hours ago when it finally started moving, but seems to have slowed down to a snail's pace. At this rate I wonder if it'll even happen by the time I get up in the morning.
Exact same thoughts!!!!
  • #188,686
  • Feb 2, 2010 11:55pm Feb 2, 2010 11:55pm
Quoting Chicky
Are you sure it's going down?

no....but we'll see what pans out....im heavy long usd
  • #188,687
  • Feb 2, 2010 11:57pm Feb 2, 2010 11:57pm
Quoting Radik
Is anyone else still short??? damned whatta slow day...
still short
  • #188,688
  • Feb 2, 2010 11:58pm Feb 2, 2010 11:58pm
Should test 3971. If not rejected, then look for 3985. If 3985 then down to 3931 sometime after. If rejected at 3971 then who knows. This is how I'm seeing it atm. Of course anything can happen...
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  • #188,689
  • Feb 3, 2010 12:00am Feb 3, 2010 12:00am
Closed all positions so far 39 pips from my view e/u going up
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  • #188,690
  • Feb 3, 2010 12:05am Feb 3, 2010 12:05am
Quoting Chicky
Are you sure it's going down?
not me.. maybe 3983 still.. with 90 4 slippage
those who can, do. those who cant, talk about those who can
  • #188,691
  • Feb 3, 2010 12:05am Feb 3, 2010 12:05am
Quoting Radik
I have a small, 1 day short position (neutral all day). but waiting for approx. 1.3755 and 1.3805 to go long. Any thoughts?
I believe 1.38 (or so) is the 50% Fibonacci retracement level...so I expect extremely solid support there. It's a great place to start going long.
  • #188,692
  • Feb 3, 2010 12:06am Feb 3, 2010 12:06am
So sad when u know it will go to 85,but not closing ur short)
Closed short -11 pips(
  • #188,693
  • Feb 3, 2010 12:07am Feb 3, 2010 12:07am
Quoting dil
Closed all positions so far 39 pips from my view e/u going up
are those your trades or you have a forex robot???
  • #188,694
  • Feb 3, 2010 12:08am Feb 3, 2010 12:08am
Did anybody notice a perfect W formation just formed in the 5M charts?
What does a W mean, up or down? Can anybody help?
If only I knew then what I know now...
  • #188,695
  • Feb 3, 2010 12:08am Feb 3, 2010 12:08am
Quoting Radik
are those your trades or you have a forex robot???
My trades , im full time trader
  • #188,696
  • Feb 3, 2010 12:09am Feb 3, 2010 12:09am
Quoting fxpipper
I believe 1.38 (or so) is the 50% Fibonacci retracement level...so I expect extremely solid support there. It's a great place to start going long.
Yes, there are two 50% Fibbs at the same level ~1.38. I have a big hope for that support...
  • #188,697
  • Feb 3, 2010 12:13am Feb 3, 2010 12:13am
Quoting SashaP
So sad when u know it will go to 85,but not closing ur short)
maybe he has short positions far above? i've been shorting since 1.45 and still holding 9 short orders in EURUSD.

Ideally im look at a short order in the 1.4 area... but i may decide to press the short order anywhere from 1.398 to 1.402... have to keep looking at the screen. if it breaks 1.402 i will close some short position tt im holding and consider a short at 1.435 or somewhere around that area.

Cheers.
  • #188,698
  • Feb 3, 2010 12:13am Feb 3, 2010 12:13am
Quoting Alexgee
Did anybody notice a perfect W formation just formed in the 5M charts?
What does a W mean, up or down? Can anybody help?

Never go with 5M unless you scalping... To me everything less than 1H is a noise.
  • #188,699
  • Edited 12:24am Feb 3, 2010 12:13am | Edited 12:24am
.
Can you tell me are you using the robot trade?
I saw from your forums. Looks like. If so, can you teach me how to down load? Because I am also using the LMT format, looks like yours too.
What do you think of the trend for eurousa?
Pls advice. I am very new & instead of intend to have profit; I lost couple of thousands already....no good life. pLs help.
Thanks
  • #188,700
  • Feb 3, 2010 12:14am Feb 3, 2010 12:14am
session reversal

Quoting Alexgee
Did anybody notice a perfect W formation just formed in the 5M charts?
What does a W mean, up or down? Can anybody help?
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