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EURUSD

  • #237,781
  • May 6, 2010 10:27am May 6, 2010 10:27am
is anyone buying right now?!?!
  • #237,782
  • May 6, 2010 10:28am May 6, 2010 10:28am
Quoting aykenar
I can't believe people are STILL talking about going long
never catch a falling knife...
  • #237,783
  • May 6, 2010 10:29am May 6, 2010 10:29am
Quoting witsnpips
is anyone buying right now?!?!
I tried a quick long with SL 1.268.. so far going good.
  • #237,784
  • May 6, 2010 10:29am May 6, 2010 10:29am
Quoting aykenar
I can't believe people are STILL talking about going long
+30 half position..SL BE...
  • #237,785
  • May 6, 2010 10:30am May 6, 2010 10:30am
what you now see is: no sellers left. But no buyers. This is incredible.

We are at the low and nothing happens !!
I don't know when I saw sth. like that last time.

No buyers at the market. Crazy. (tomorrow's coming big news from Germany... sit down and relax... if you are on the right side...)

Jack
  • #237,786
  • May 6, 2010 10:30am May 6, 2010 10:30am
Quoting jsspmk
Yes people lose because they go against predominant trends. On top of that they don't know when to re-enter a trend, don't know where to place stops & when to take profits, overlevetage, fall in love with positions, trade noisy charts, undercapitalized. That's about it. Oh yeah one more - trade based on hope & not facts.
I hope all my trades win and thats a fact
  • #237,787
  • May 6, 2010 10:31am May 6, 2010 10:31am
Euro Banks are closing. Perhaps we'll see what positions they take here.
  • #237,788
  • May 6, 2010 10:31am May 6, 2010 10:31am
to make it short: it's a very bearish sign.
  • #237,789
  • May 6, 2010 10:35am May 6, 2010 10:35am
Quoting ToxicChili
I hope all my trades win and thats a fact
Hey TChile (as opposed to Tcat lurking a'rd here somewhere)... love the nick btw, sounds like what mrs ak makes on friday nites.

I see you just joined the thread here... welcome aboard. don't forget your hipwaders. you'll need them from time to time... and good trades back at you...
FUBAR...
  • #237,790
  • May 6, 2010 10:35am May 6, 2010 10:35am
Word is riot squads in Athens are lined up in front of Parliament as leftist unions talk of storming through.
  • #237,791
  • May 6, 2010 10:37am May 6, 2010 10:37am
1.270 is a strong long term support line and the Euro is HEAVILY OVERSOLD...

BUT so what? prices can break trendlines and prices can still fall while being oversold...

Thats right... never try n catch a falling knife
  • #237,792
  • May 6, 2010 10:38am May 6, 2010 10:38am
Quoting uraceulose
Sky,

The dow is not going to rally today my friend
Yeap.. I see that and tomorrow is Friday + Employment Data

Ohh well Market would probably Tank again, But GOLD/Silver up

And my Miners doing OK.. I think they are buying everything they

can with those Euros. Market conditions are crazy..

I wish they can Just kick greeks our let them devaluate their currency

And I might fly over there and have a party for few hundred $$

It's a nice Country.. I understand Greeks it's Hard to work 15 minutes away from the beach
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #237,793
  • May 6, 2010 10:40am May 6, 2010 10:40am
I'm back.

Price continues to hold on the 1.2700 level. In case pa decides to break through, I have sellstp @1.72680. Looking for a short #in $eurusd
  • #237,794
  • May 6, 2010 10:41am May 6, 2010 10:41am
Hmm lets see if we can make it any clearer for the bulls this week:

STAY
WITH
THE
FU***NG
TREND

Trust me, i am the LAST person who would want to see the euro collapse or falll below dollar value, washington will probably step in at some point and the ECB still has their Nuclear Option available to them, which they will pull or have to pull. We are headed Towards 1.22 and its going to take a lot to bring us back up.

NFP tommorow, Greek/german vote tommorow and then there is the weekend where the ECB will pull a major GAP on the shorts. So prepare yourselves
  • #237,795
  • May 6, 2010 10:42am May 6, 2010 10:42am
Gold approaching 1200, 1190 now , so weak $ ,when euro if stand a value constant then why not eu at the every raise of gold , quite opposit.at least some action should be there ,$ weak & euro much more weak at the same time . all confused.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #237,796
  • May 6, 2010 10:43am May 6, 2010 10:43am
Some on Twitter speculates that the Greece ordeal is just about over and to start stockpiling on Eur.

Hmmm....
  • #237,797
  • May 6, 2010 10:43am May 6, 2010 10:43am
Quoting SkyzerFX
Yeap.. I see that and tomorrow is Friday + Employment Data

Ohh well Market would probably Tank again, But GOLD/Silver up

And my Miners doing OK.. I think they are buying everything they

can with those Euros. Market conditions are crazy..

I wish they can Just kick greeks our let them devaluate their currency

And I might fly over there and have a party for few hundred $$

It's a nice Country.. I understand Greeks it's Hard to work 15 minutes away from the beach
The DOW has been ignoring good news most of the week and perhaps tomorrow will be more of the same. NFP days are for popcorn and just watching the crazyness. This correction has been long overdue
  • #237,798
  • May 6, 2010 10:44am May 6, 2010 10:44am
ok.Brrrrrrrrrrrrrrrrrrroken trendline.
bye bye, ciao.
  • #237,799
  • May 6, 2010 10:44am May 6, 2010 10:44am
Big moves everywhere today...

GBPYEN by the way...
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  • #237,800
  • May 6, 2010 10:46am May 6, 2010 10:46am
Quoting Orbital
Hmm lets see if we can make it any clearer for the bulls this week:

STAY
WITH
THE
FU***NG
TREND

[size=5][size=2]Trust me, i am the LAST person who would want to see the euro collapse or falll below dollar value, washington will probably step in at some point and the ECB still has their Nuclear Option available to them, which they will pull or have to pull. We are headed Towards 1.22 and its going to take a lot to bring us back up.

NFP tommorow, Greek/german vote tommorow and then there is the weekend...
I was in talks to market colleagues this morning and the weekend GAP discussion came about. I have a to decide and research which direction would be probable to take over the weekend?

I've got some work to do today/tomorrow.
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