hey..... !! well i gues u are right....I'm a female!! 22damn my JPY positions by now supossed to be in profits and i dnt even have the account ha!
how old are u guys? are we all around same age here?
- #17,263
- Feb 24, 2010 9:44am Feb 24, 2010 9:44am
I think is time to BUY EUR/AUD!! 1.5154 the correction yesterday gave me some profits too now the retracement gives chances for another set of long positions
I was going o take that position as well. Looks as if retracement found an end here.
Are you going to take this as a longer term position? Looks promising after that bounce of the 1.50 area to me.
-Tuner-
"Blue Horseshoe loves Anacott Steel!"
- #17,264
- Feb 24, 2010 9:51am Feb 24, 2010 9:51am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
I think is time to BUY EUR/AUD!! 1.5154 the correction yesterday gave me some profits too now the retracement gives chances for another set of long positions
- #17,265
- Feb 24, 2010 10:05am Feb 24, 2010 10:05am
EUR/AUD could be choppy in it's reversal, or a quick reversal like the top reversals. 1.50-ish has been good support before, the risk is getting stopped out and looking around 1.45 but given my extreme bearish view of aud, is why i think it sentiment is going to change for eur/aud to the long side..... up to maybe really high,, 1.58 would need be taken out
Attachment
Maybe for a longer term position wait for a clear sign of reversal.
At 1.54 area in January I already thought we were ready for the reversal. Took some nice pips out of that and went out again (good decision
)At least another retracement can be expected now IMO (lookin at the daily)
Let's see where it will take us.
Good luck everyone.
-Tuner-
"Blue Horseshoe loves Anacott Steel!"
- #17,266
- Feb 24, 2010 10:12am Feb 24, 2010 10:12am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
I agree.
Maybe for a longer term position wait for a clear sign of reversal.
At 1.54 area in January I already thought we were ready for the reversal. Took some nice pips out of that and went out again (good decision
At least another retracement can be expected now IMO (lookin at the daily)
Let's see where it will take us.
Good luck everyone.
-Tuner-
- #17,267
- Feb 24, 2010 10:31am Feb 24, 2010 10:31am
Possible reversal of EUR/CAD too. My sentiment is bearish AUD & CAD. Those are the most overbought pairs, and both have 'recently' broken trend lines against the USD without much follow through yet.
Attachment
"Blue Horseshoe loves Anacott Steel!"
- #17,268
- Feb 24, 2010 10:43am Feb 24, 2010 10:43am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
Didn't have a look at that pair yet. But looks nice as well. Worth watching it the next day..weeks maybe.
- #17,269
- Edited 11:13am Feb 24, 2010 10:55am | Edited 11:13am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
http://www.businessweek.com/news/201...-update1-.html
German Chancellor Angela Merkel criticized market speculation against the euro, saying that financial institutions bailed out with public funds are exploiting the budget crisis in Greece and elsewhere.
Should they be losing money going long? Not sure she thought this through.
German Chancellor Angela Merkel criticized market speculation against the euro, saying that financial institutions bailed out with public funds are exploiting the budget crisis in Greece and elsewhere.
Should they be losing money going long? Not sure she thought this through.
- #17,270
- Feb 24, 2010 11:24am Feb 24, 2010 11:24am
http://www.businessweek.com/news/201...-update1-.html
German Chancellor Angela Merkel criticized market speculation against the euro, saying that financial institutions bailed out with public funds are exploiting the budget crisis in Greece and elsewhere.
Should they be losing money going long? Not sure she thought this through.
"Blue Horseshoe loves Anacott Steel!"
- #17,271
- Feb 24, 2010 11:26am Feb 24, 2010 11:26am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
well well.. Our Chancellor Merkel. Think I should stop shorting the Euro to make her happy? Think I wouldn't
BTW, that pair 5150 seems so heavily guarded, I added position with SL 5140 and feel completely comfortable I won't get stopped out. It's just an add on position though, already short aud/usd.
- #17,272
- Feb 24, 2010 11:42am Feb 24, 2010 11:42am
Nothing wrong with longing EUR/AUD though...
BTW, that pair 5150 seems so heavily guarded, I added position with SL 5140 and feel completely comfortable I won't get stopped out. It's just an add on position though, already short aud/usd.
AUD was in a pretty tight range the last 3 or 4 hours. Seems it found the right direction now.
(Short since yesterday from 0.8930)Hope we will see some nice moves now.
"Blue Horseshoe loves Anacott Steel!"
- #17,274
- Feb 24, 2010 12:06pm Feb 24, 2010 12:06pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
You are right. EUR/AUD can make it both... maybe some profit and pleasing Merkel
AUD was in a pretty tight range the last 3 or 4 hours. Seems it found the right direction now.
Hope we will see some nice moves now.
- #17,275
- Feb 24, 2010 12:16pm Feb 24, 2010 12:16pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
soon........
- #17,276
- Feb 24, 2010 12:25pm Feb 24, 2010 12:25pm
- | Joined Aug 2009 | Status: Trader | 2,585 Posts
Annoying Precision
- #17,280
- Feb 24, 2010 12:59pm Feb 24, 2010 12:59pm
clouds, forex 101 and tuner....thank you so much for your warm comments
When i ws 14 I started trading for my moms stocks account nd made 20k in just 2 days so I got so exited that I knew I was going to do that forever.
I would love to buy EUR/AUD now but my account is not yet restablished anyway I'm not so concerned It seems FXCM will replace all the trades exactly where they were befire the isue. at 10:26
and anyway I would place the orders after the rollover takes effect or else we will pay 57.30 per lot.
there is another thread about the incident here in forexfactory forum right here:
http://www.forexfactory.com/showthre...=1#post3495515
When i ws 14 I started trading for my moms stocks account nd made 20k in just 2 days so I got so exited that I knew I was going to do that forever.
I would love to buy EUR/AUD now but my account is not yet restablished anyway I'm not so concerned It seems FXCM will replace all the trades exactly where they were befire the isue. at 10:26
and anyway I would place the orders after the rollover takes effect or else we will pay 57.30 per lot.
there is another thread about the incident here in forexfactory forum right here:
http://www.forexfactory.com/showthre...=1#post3495515