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EURUSD

  • #251,821
  • Jun 2, 2010 8:48pm Jun 2, 2010 8:48pm
Was watching the Dow push it up and got lucky

Quoting onemind
Lucky bastid.

How did you know?

Its been going back and forth all week.

Break outs really get on my nerves
Disclaimer: Check your 1m charts
  • #251,822
  • Jun 2, 2010 8:49pm Jun 2, 2010 8:49pm
Quoting onemind
f*** this short

How high is this thing going?

As mentioned before - 1.2297 was expected and 1.2308 was mentioned as well. No reason to be surprised. As long as 1.2355 zone might be capped - likely for now - we can see lower levels again...

Below daily pivotal zone...

So if you like to trade a bit - you can take here a little - short position with projection targets below daily central pp zone. Alles bereits erwähnt. Stops only if breached above 1.2355 zone...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #251,823
  • Jun 2, 2010 8:50pm Jun 2, 2010 8:50pm
Is it me or looks like all currency pairs are in the midst of some kind of retracement? Can this last or just calm before the storm?
  • #251,824
  • Jun 2, 2010 8:52pm Jun 2, 2010 8:52pm
Quoting Schminner
Try going long, then maybe it will plunge ...
I might do that. It was dumb to buy on an upswing anyway, so my fault.

About to go long and crash the Euro. Hahaha

Watching usd/chf too. Did a long play earlier in the week. Might get another chance.
Only expectation matters . . .
  • #251,825
  • Jun 2, 2010 8:54pm Jun 2, 2010 8:54pm
Quote
About to go long and crash the Euro. Hahaha

lol

It went down
  • #251,826
  • Jun 2, 2010 8:56pm Jun 2, 2010 8:56pm
1 hr. 200ema is holding so far.


Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy sunday.gif Size: 34 KB
  • #251,827
  • Jun 2, 2010 8:56pm Jun 2, 2010 8:56pm
Quoting onemind
Damn it, knew i shouldnt have moved my stop

Stop set at 2363, what are my chances
If I may say, never move a SL. I learned it the hard and unforgettable way.
  • #251,828
  • Jun 2, 2010 8:59pm Jun 2, 2010 8:59pm
Thats the last time

It pay off yet though

Probably teach me a bad habit.
  • #251,829
  • Jun 2, 2010 9:02pm Jun 2, 2010 9:02pm
Quoting onemind
Thats the last time

It pay off yet though

Probably teach me a bad habit.
It will pay off sometimes, but when you enter a position, you already calculated your SL and maybe set a TP point. So if a trade is near your SL it didn't go the way you expected and should be closed. Time to step back, rethink and wait for another opportunity. IMHO.
  • #251,830
  • Jun 2, 2010 9:04pm Jun 2, 2010 9:04pm
Good advice
  • #251,831
  • Jun 2, 2010 9:05pm Jun 2, 2010 9:05pm
So what's going on with the EUR/USD pair? I'm short from 1.2217 and its been going up !!!

Is it just a retracement or will euro continue to climb?

Thanks,
this is urgent !
  • #251,832
  • Jun 2, 2010 9:12pm Jun 2, 2010 9:12pm
waiting another reverse >>>
Attached Image (click to enlarge)
Click to Enlarge Name: $ euro2.png Size: 132 KB
  • #251,833
  • Jun 2, 2010 9:28pm Jun 2, 2010 9:28pm
Quoting onemind
lol

It went down
Haha

Actually, I'm still short. It came pretty close to my SL, but it pulled back.
Only expectation matters . . .
  • #251,834
  • Jun 2, 2010 9:40pm Jun 2, 2010 9:40pm
They are sure trying to make the long side look good, this wedge with a previous inside day and opening above the pivit. as gator put's it sex'n the dark side up.
Attached Image (click to enlarge)
Click to Enlarge Name: Capturesd.GIF Size: 24 KB
  • #251,835
  • Jun 2, 2010 9:47pm Jun 2, 2010 9:47pm
wtf ... technical say all go up in 1m and then jumping down ... strange behavior ... .. get short @1.2306 and pending long @ 1.2316
  • #251,836
  • Jun 2, 2010 9:57pm Jun 2, 2010 9:57pm
Quoting MrDayen
wtf ... technical say all go up in 1m and then jumping down ... strange behavior ... .. get short @1.2306 and pending long @ 1.2316
Which is why technicals shouldn't be all trusted. Learn a little price action with the technicals. Price action will never lie to you.
  • #251,837
  • Jun 2, 2010 10:00pm Jun 2, 2010 10:00pm
Quoting Jhig
Which is why technicals shouldn't be all trusted. Learn a little price action with the technicals. Price action will never lie to you.
Especially technicals on the 1m time frame
Getting it right is NOT as important as not getting it wrong.
  • #251,838
  • Jun 2, 2010 10:10pm Jun 2, 2010 10:10pm
where dose one learn about pa ?
  • #251,839
  • Jun 2, 2010 10:17pm Jun 2, 2010 10:17pm
Quoting 4xjunkie
where dose one learn about pa ?
Staring at charts for two or three years lol. But Techniques of Tape Reading is a pretty good read if you need a head start...
  • #251,840
  • Jun 2, 2010 10:25pm Jun 2, 2010 10:25pm
Next two hours so important for existing trendline
You cannot learn better without losing
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