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EURUSD

  • #246,221
  • May 21, 2010 5:05am May 21, 2010 5:05am
What a ride... time to bring on 1.2451...
Those that say do not know. Those that know do not say.
  • #246,222
  • May 21, 2010 5:10am May 21, 2010 5:10am
Quoting Z3iz3i
This is quite OK to trade now because there is certain order and logic.

Now it dropped below 50 MA, so watching behaviour. This is good place to spot signal, move is usually nice.
Well, there is no bull in the market whatsoever right now, i see signals to short in short timeframes all the time.

If rejects 50-day MA, it will signal downside probably to test support again at 1.246x.
They think they are smarter than I am.
  • #246,223
  • May 21, 2010 5:12am May 21, 2010 5:12am
I wouldn't add EU regulations as my selling point...
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  • #246,224
  • May 21, 2010 5:16am May 21, 2010 5:16am
Now I have no clue where it's going.
  • #246,225
  • May 21, 2010 5:18am May 21, 2010 5:18am
i think ppl buying in dips on appropriate level will win for nxt 3working days

if suppose someone is stuck in a longtrade will get changes to get out

euro can rally like it did in the morning (indian time) in such rallies ppl with short positions will face a prob of keeping proper stop

all stops will b hit n then it will b back to normal (just like it did )

discl: Newbeieee trade or follow at ur own risk
  • #246,226
  • May 21, 2010 5:20am May 21, 2010 5:20am
till news expect 2500-2560 intervention above 2560 and 2672 possible, before intervention small break downside to suck the shorters in like they did yesterday with me.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,227
  • May 21, 2010 5:23am May 21, 2010 5:23am
eur,usd D1
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  • #246,228
  • May 21, 2010 5:27am May 21, 2010 5:27am
Quoting Dr_P
I wouldn't add EU regulations as my selling point...
Yes.. EU stinks and everything smell stinks when you heard letter E and U are joined. But probably they refer to US' no hedging, fifo and incoming 1:10 regulation.

Everything stink when we talk finance. Yet we love them.
Manage your risk accordingly and you're half done your home work.
  • #246,229
  • May 21, 2010 5:35am May 21, 2010 5:35am
eur/usd and eur/chf are both traded under 50-day MA, should not go long at all right now to be safe. Market might have changed mind or just planned to play this way
They think they are smarter than I am.
  • #246,230
  • May 21, 2010 5:47am May 21, 2010 5:47am
Geez Im a lucky guy haha

I've set a sell limit at 1.2615 as I said before cuz its 50% fib retracement

I just woke up ( bit late huh ) and I see +120 pips for me

The funniest thing is that I woke up, looked up my blackberry and wonder what price does eurusd have.. I see 1.25 hmmm ok nothing much happened...but then my curiosity told me to look up the chart, and I see a freaking 1.267 maximum lol
  • #246,231
  • May 21, 2010 5:49am May 21, 2010 5:49am
Quoting personalme
no hedging, fifo and incoming 1:10 regulation.

Everything stink when we talk finance. Yet we love them.
No hedging already in place and you sure 1:10 is coming?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,232
  • May 21, 2010 5:51am May 21, 2010 5:51am
Quoting Z3iz3i
Market might have changed mind or just planned to play this way
They will keep this pivot, no matter what little down and it gets

bumped up.. How high they want it? 1:30?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,233
  • May 21, 2010 5:51am May 21, 2010 5:51am
I think if it brakes 1.2500 R then we may see price testing 1.2350
  • #246,234
  • May 21, 2010 5:57am May 21, 2010 5:57am
Quoting giaspyr
I think if it brakes 1.2500 R then we may see price testing 1.2350
yes 2350 would be nice even 2300 would be awesome, but I really doubt that it'll happen after all this up move a quick down move??? no intervention no profit taking ....?
Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,235
  • May 21, 2010 5:57am May 21, 2010 5:57am
Quoting SkyzerFX
They will keep this pivot, no matter what little down and it gets

bumped up.. How high they want it? 1:30?
well we did get rejected on the weekly pivot.

so weekly S1 might be in play!
  • #246,236
  • May 21, 2010 6:00am May 21, 2010 6:00am
Quoting acidburn123
so weekly S1 might be in play!
What I see so far on M30 is an uptrend and they not even start intervention yet,

but they might do it again later on..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,237
  • May 21, 2010 6:00am May 21, 2010 6:00am
Quoting Trading Cat
1
not my point of view but ok
that worked for at least 50-70pips not bad. One could have made pips there, I didnt.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,238
  • May 21, 2010 6:02am May 21, 2010 6:02am
Maybe this trendline will stop this mother geting over 2670
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  • #246,239
  • May 21, 2010 6:03am May 21, 2010 6:03am
So, when is the boom up expected?
  • #246,240
  • May 21, 2010 6:03am May 21, 2010 6:03am
Quoting SkyzerFX
What I see so far on M30 is an uptrend
determined by what ? speed lines?

m30 shows nothing but a chop chop for me.... high buying and selling volume in the same. a fight for direction ...
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