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EURUSD

  • #191,461
  • Feb 7, 2010 7:15pm Feb 7, 2010 7:15pm
Quoting nms4716
Patience Man!!
Yeah, this is typical for the Asian/ANZAC session......but it can erupt at any time....in any direction.....or not at all! Trading this session can be frustrating at times, and it can be quite profitable too......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #191,462
  • Feb 7, 2010 7:16pm Feb 7, 2010 7:16pm
Quoting nms4716
Patience Man!!
Ok I`m gona take a smoke...! I am all stressed out after the last week, it was a BIG FAIL for me...!
  • #191,463
  • Feb 7, 2010 7:17pm Feb 7, 2010 7:17pm
Quoting smokemachine
Ok I`m gona take a smoke...! I am all stressed out after the last week, it was a BIG FAIL for me...!
are you still trying to go long?
  • #191,464
  • Feb 7, 2010 7:19pm Feb 7, 2010 7:19pm
Quoting Clouds
are you still trying to go long?
No I`m waiting for signals, I have not placed any position yet...! I have all believes that it will go down but I need some technical reasons...!!! the best would be to see it to get to 3740...! but I`ll wait see what happens...!!! I know it will go down anyway but from which level is the question for me..!!!
  • #191,465
  • Feb 7, 2010 7:20pm Feb 7, 2010 7:20pm
Was trying to go short here in the opening today...hit my sl for a loss of 20 pips...gonna get out and wait until London opens..see what happens from that point on.
  • #191,466
  • Feb 7, 2010 7:22pm Feb 7, 2010 7:22pm
Quoting Clouds
are you still trying to go long?
do you have any suggestions...???
  • #191,467
  • Feb 7, 2010 7:23pm Feb 7, 2010 7:23pm
Quoting smokemachine
do you have any suggestions...???
im not going to give you suggestions, but im short eur, aud, nzd, and silver.
  • #191,468
  • Feb 7, 2010 7:23pm Feb 7, 2010 7:23pm
i'm targeting my short @625
  • #191,469
  • Feb 7, 2010 7:24pm Feb 7, 2010 7:24pm
Quoting Clouds
im not going to give you suggestions, but im short eur, aud, nzd, and silver.
I think that is quite a hint!!! LOL
  • #191,470
  • Feb 7, 2010 7:26pm Feb 7, 2010 7:26pm
Quoting elixerripple
can u tell me the reason short from here?
Reason at the time was it was just below what I thought was support at 3639 or so...didn't realize that stronger support rested right at 3634. Turns out it was a mistake.
  • #191,471
  • Feb 7, 2010 7:27pm Feb 7, 2010 7:27pm
Quoting nms4716
I think that is quite a hint!!! LOL
HEHEH...!!! I think he unintentionally gave me a suggestion...!!! hehehe...!!! ok thx anyway clouds...!!!
  • #191,472
  • Feb 7, 2010 7:27pm Feb 7, 2010 7:27pm
Quoting acw204
i'm targeting my short @625
nice I will follow you down,,I have my target at 1.3556
Randy
One good turn gets most of the blankets.
  • #191,473
  • Feb 7, 2010 7:28pm Feb 7, 2010 7:28pm
Quoting fxpipper
So the EUR/USD should start dropping soon then, right?

Normally, that is what tends to happens, but not allways. As commodities, oil, gold and many other financial instruments are priced in USD, declining stocks often causes pricedrop in those due to Less risk taking & demand(selloff). As they are priced in USD, Usd generally strenghtens because it is its cross pair. So when you sell/close a commodity trade you actually are buying USD.

A very good example of this is what we saw on Friday afternoon when suddenly Dow and S&P rose sharply and the Eur/usd followed very closely.
  • #191,474
  • Feb 7, 2010 7:29pm Feb 7, 2010 7:29pm
Quoting randy1953
nice I will follow you down,,I have my target at 1.3556
Randy
In the longer term, that looks good. I have a short on for 3410, and I will add to it as we progress....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #191,475
  • Feb 7, 2010 7:30pm Feb 7, 2010 7:30pm
Quoting smokemachine
do you have any suggestions...???
here a suggestion, like at monthly chart, before u enter a position.
  • #191,476
  • Feb 7, 2010 7:36pm Feb 7, 2010 7:36pm


Quoting realjumper
In the longer term, that looks good. I have a short on for 3410, and I will add to it as we progress....
One good turn gets most of the blankets.
  • #191,477
  • Feb 7, 2010 7:46pm Feb 7, 2010 7:46pm
Just curious why fxstreet change a moment ago from slightly bearish to strongly bearish?
http://www.fxstreet.com/technical/cu...spx?id=eur/usd
One good turn gets most of the blankets.
  • #191,478
  • Feb 7, 2010 7:49pm Feb 7, 2010 7:49pm
looks like we may see a spike up
  • #191,479
  • Feb 7, 2010 7:53pm Feb 7, 2010 7:53pm
Quoting randy1953
Just curious why fxstreet change a moment ago from slightly bearish to strongly bearish?
http://www.fxstreet.com/technical/cu...spx?id=eur/usd
it return again to Slightly Bullish
  • #191,480
  • Feb 7, 2010 7:54pm Feb 7, 2010 7:54pm
Quoting nawafasad1
they have a free week on i put the link in here before . i used to be a subscriber of them a while ago
thanks bro.. better for me to visit the website... at least validate my counting.. thanks again!
Be a sniper not a jumper
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