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EURUSD

  • #205,361
  • Mar 3, 2010 2:58am Mar 3, 2010 2:58am
somebody awoke the bulls....damn.

Luckily i took the risk on my demo account. lol....kept the live one sleeping.
  • #205,362
  • Mar 3, 2010 2:59am Mar 3, 2010 2:59am
Quoting realjumper
Same here man...majorly so....so no more trading for me until this crap is sorted....don't want to get whipsawed all over the place......
thats exactly my trading stance at the moment and testing this super trendy indi which is gr8 for those conditions. But still I want back the normal trends in trading!!!
Trade on your own risk Plan your trade&trade your plan dont be a
  • #205,363
  • Mar 3, 2010 3:00am Mar 3, 2010 3:00am
typpical shortcovering before the news. we know more in about 30 min
  • #205,364
  • Mar 3, 2010 3:00am Mar 3, 2010 3:00am
me

Quoting 4exJunki
Who fell for the bearish trap.....?

*Guilty*
Manage your risk accordingly and you're half done your home work.
  • #205,365
  • Mar 3, 2010 3:02am Mar 3, 2010 3:02am
super trendy fired off long at 3627 tp open b will get ot at 3664 or 3685 sl currently at 3595 (still demo testing)
Trade on your own risk Plan your trade&trade your plan dont be a
  • #205,366
  • Mar 3, 2010 3:03am Mar 3, 2010 3:03am
EURO-DOLLAR: Gets a lift above $1.3630 as wire reports a Greek
government source of austerity measures of E4.8bln (not confirmed). Rate
currently trades around $1.3632. Offers seen to $1.3640, a break to open
a move back toward the Asian highs at $1.3655.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #205,367
  • Mar 3, 2010 3:03am Mar 3, 2010 3:03am
what the fuck just happened?
  • #205,368
  • Mar 3, 2010 3:04am Mar 3, 2010 3:04am
This is it. My target is gonna have to wait #205196. Time to range for awhile. Nite everybody I have this Flu.
Attached Image (click to enlarge)
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  • #205,369
  • Mar 3, 2010 3:05am Mar 3, 2010 3:05am
Quoting Trading Cat
EURO-DOLLAR: Gets a lift above $1.3630 as wire reports a Greek
government source of austerity measures of E4.8bln (not confirmed). Rate
currently trades around $1.3632. Offers seen to $1.3640, a break to open
a move back toward the Asian highs at $1.3655.

Provided by: Market News International
So with 5 billions on the table all the shit is over ? come on people are not serious....
COT: The precious data ignored
  • #205,370
  • Mar 3, 2010 3:05am Mar 3, 2010 3:05am
Quoting 4exJunki
Who fell for the bearish trap.....?

*Guilty*
not me
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #205,371
  • Mar 3, 2010 3:06am Mar 3, 2010 3:06am
Two important Resistance levels coming up:

1.3655 and 1.3685-- anyone shorting there?
  • #205,372
  • Mar 3, 2010 3:06am Mar 3, 2010 3:06am
i hopez $maker took my advice when the 1hr stochastic was goingz down juz now...
  • #205,373
  • Mar 3, 2010 3:08am Mar 3, 2010 3:08am
Quoting kuroro001
So with 5 billions on the table all the shit is over ? come on people are not serious....
exactly.. and the EU doesnt depend on the 5billion dollars if u look at the big picture..

This is just ridiculous.... it just SHOT UP... before the news........may be its gonna dip coz greeks announcement wont be pleasing?
  • #205,374
  • Mar 3, 2010 3:10am Mar 3, 2010 3:10am
Quoting $maker
exactly.. and the EU doesnt depend on the 5billion dollars if u look at the big picture..

This is just ridiculous.... it just SHOT UP... before the news........may be its gonna dip coz greeks announcement wont be pleasing?
how would a pleasing announcement with a revolting people in the back look like?
  • #205,375
  • Mar 3, 2010 3:10am Mar 3, 2010 3:10am
Quoting $maker
exactly.. and the EU doesnt depend on the 5billion dollars if u look at the big picture..

This is just ridiculous.... it just SHOT UP... before the news........may be its gonna dip coz greeks announcement wont be pleasing?
Yeh and i hope 5 billions are just rumors and they will put a lower amount on the table!
And in 1h we'll see retail sales...don't know what to expect from this news

Good news is that futures index are heading lower....EU might be dragged soon with them
COT: The precious data ignored
  • #205,376
  • Mar 3, 2010 3:11am Mar 3, 2010 3:11am
when is the Greek news being expected??? I heard that they need to implement measures to reduce their deficit...anything other than that being announced??
  • #205,377
  • Mar 3, 2010 3:11am Mar 3, 2010 3:11am
Quoting Trading Cat
thats exactly my trading stance at the moment and testing this super trendy indi which is gr8 for those conditions. But still I want back the normal trends in trading!!!
Let us know how the testing works out. I have lot's of respect for anyone who can scalp this shit successfully....if an indi can work...that would be damn fine.

For those who are like me....ie novice trader, my advice is to stand aside for now....

Early night for me.....no doubt that when I wake up tomorrow the charts will look very different.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #205,378
  • Mar 3, 2010 3:11am Mar 3, 2010 3:11am
Quoting kuroro001
Yeh and i hope 5 billions are just rumors and they will put a lower amount on the table!
And in 1h we'll see retail sales...don't know what to expect from this news

Good news is that futures index are heading lower....EU might be dragged soon with them
and they already saying good US news on the way
0907 GMT [Dow Jones] A strong US ISM print this afternoon will likely trigger GBP/USD selling with US/UK interest rate expectations driving the momentum says Lloyds Banking Group. GBP/USD now trades at 1.5010 and the bank pegs support at 1.4855. The US February non-manufacturing ISM hits the wires at 1500 GMT and is expected to improve to 51.0 from 50.5 last. (GST)
  • #205,379
  • Mar 3, 2010 3:13am Mar 3, 2010 3:13am
GREECE: S&P Ratings agency currently has Greece at 'BBB+/A-2' &
rating is on creditwatch negative, which "reflect the possibility of a
further downgrade of one to two notches within a month". Moody's
currently rates Greece at A2/Negative outlook, which is the equivalent
of A in S&P & Fitch language. A two notch downgrade by Moody's will put
Greece at same level as S&P, but Greek debt will no longer be eligible
collateral in ECB refinancing operations from early 2011, when it's
rating criteria for collateral reverts to A- or higher, by at least two
of the three agencies, instead of the current BBB. This is likely to
pressure Greek spreads higher vs German Bunds, which is currently at
+292bps. In addition, markets are still awaiting the Greek 10-year
benchmark syndicated deal, which has been on the radar since the
previous PDMA chief Spyros Papanicolaou indicated this at the time when
Greece was pricing its 5-year deal. However, unsubstantiated talk that
Greece may instead sell a 7-year issue have been heard. The 7-year
sector is very popular with central banks.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #205,380
  • Mar 3, 2010 3:14am Mar 3, 2010 3:14am
Cat, check PM. thanks
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