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  • #250,881
  • Jun 1, 2010 8:33am Jun 1, 2010 8:33am
Quoting TudorJonesJR
lol really?
it's not something that everyone has charting for for one thing...i also have forgotten before to check @ open. just good to keep your eye on on an open like today..
  • #250,882
  • Jun 1, 2010 8:35am Jun 1, 2010 8:35am
This market sucks, very unusual behaviour. Cannot earn any money .

I think it is because of bank holiday yesterday and rate decision on Canada today.
PA on Euro/Usdollar is not as bad as on GBP/USD.

Be very careful, trading against 4 hour trend.
I was down today 7 times of my average earning/day on GBP/USD and recovered on high stress level.

short 1.2200 is ok - on normal days. I would not short, too dangerous, big boys playing with your money, cause of yesterday.
I hate it.

Jack
  • #250,883
  • Jun 1, 2010 8:36am Jun 1, 2010 8:36am
Quoting uraceulose
it's not something that everyone has charting for for one thing...i also have forgotten before to check @ open. just good to keep your eye on on an open like today..
no your right..just kidding futures were pointing to a lower open... but they are allot higher then @ the opening of europe.. looks like we are going up...
  • #250,884
  • Jun 1, 2010 8:38am Jun 1, 2010 8:38am
also us-boys are very careful, i think...hmmm... may be they wait for ISM- Index...
  • #250,885
  • Jun 1, 2010 8:40am Jun 1, 2010 8:40am
Our final destination is 1.17s before that dangerous to go long..
  • #250,886
  • Jun 1, 2010 8:41am Jun 1, 2010 8:41am
HAhahh wow now im sorry i closed my longs.

Yngwie r u still here?
  • #250,887
  • Jun 1, 2010 8:42am Jun 1, 2010 8:42am
The ECB is a joke. Telling they don't like big volatily (=market manipulation) and then this morning and this afternoon...

Thing Eu/usd can go anywhere from here. chances are good to go to
1.2245-50 (now 1.2220) before retrace.
  • #250,888
  • Jun 1, 2010 8:44am Jun 1, 2010 8:44am
Quoting Trad3r
I'm long at 1.219, we are going to close today above 1.24.
what makes you think like that ?
  • #250,889
  • Jun 1, 2010 8:45am Jun 1, 2010 8:45am
Quoting Jimz
what makes you think like that ?
24 was probably a typo I dont really think he meant that
  • #250,890
  • Jun 1, 2010 8:46am Jun 1, 2010 8:46am
I'm anticipating a retrace soon, in hope price will keep up with it's lower lows (shorts)
  • #250,891
  • Jun 1, 2010 8:46am Jun 1, 2010 8:46am
Quoting Jhig
I'm anticipating a retrace soon, in hope price will keep up with it's lower lows (shorts)
anytime..edit:i'm taking a short here, getting another couple hours of sleep cya guys in bit..
  • #250,892
  • Jun 1, 2010 8:49am Jun 1, 2010 8:49am
3 black crows, then 3 white soldiers. 2245 first before retrace
  • #250,893
  • Jun 1, 2010 8:50am Jun 1, 2010 8:50am
if 2226 (61.8%fib of big move down) gives way we could see a full retrace back to 2295 with a small bumb at 2253.
I am off
cu laters
Trade on your own risk Plan your trade&trade your plan dont be a
  • #250,894
  • Jun 1, 2010 8:50am Jun 1, 2010 8:50am
i closed my long now and took +94 pips

i'll wait for another down move below 2200 and take long again..
  • #250,895
  • Jun 1, 2010 8:51am Jun 1, 2010 8:51am
Majors have been a bit on off-road i guess, need to be careful.
They think they are smarter than I am.
  • #250,896
  • Jun 1, 2010 8:53am Jun 1, 2010 8:53am
isn't that nice ? Today/Yesterday we are learning/have learned how big boys earn their money.
But keep in mind: You are not a big boy.
Ok, i admit, i am bored. Patience is not my best attitude, at least I have a good instinct smelling them.

@Z3iz3i: "off-road" yeah, that's a good discription

I get happier: 4 minutes left of this crappy moves
  • #250,897
  • Jun 1, 2010 8:53am Jun 1, 2010 8:53am
Sell eu noooooooooo

1.2225

tp1 1.2205
tp2. 1.2185

sl: 1.2245
A little beginner trader since 2006
  • #250,898
  • Jun 1, 2010 8:54am Jun 1, 2010 8:54am
Quoting Jimz
what makes you think like that ?
We are still in a lateral market since deficit reduction plans aproved in Europe and the creation of the 1 trillion dollars fund to stabilize the euro. Next strong resistance is at 1.244. I think we are in a lateral market because when price has broken 1.214, the price has bounced back at 1.21, and 1.214 and 1.22 have been broken easily, if we would be in a strong bearish market, now the euro would be at 1.20, that's what I think, but I may be wrong, regards.
  • #250,899
  • Jun 1, 2010 8:56am Jun 1, 2010 8:56am
Quoting Jimz
Originally Posted by Trad3r http://cdn.forexfactory.com/images/buttons/viewpost.gif
I'm long at 1.219, we are going to close today above 1.24.


what makes you think like that ?
hello,

i very agree with that, maybe not today but definitly in the next few days, please see my chart picture:
http://www.forexfactory.com/attachme...4&d=1275400465
Attached Image (click to enlarge)
Click to Enlarge Name: Buy_2.JPG Size: 148 KB
  • #250,900
  • Jun 1, 2010 8:57am Jun 1, 2010 8:57am
I think im done for the day...

http://img227.imageshack.us/img227/6359/goodday.jpg

Im very pissed that i backed out of the USD/CHF trade so early =/ could have netted me 45 pips before my EA would have exited but oh well screw this
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