Attachments: EURUSD

EURUSD

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#256,741
Jun 11, 2010 5:52am Jun 11, 2010 5:52am

No Stress
| Joined Oct 2009 | Status: No patience = No trading | 307 Posts

Hi to all,

Just a little look before going again at work. Looks like, confirming my expectation of second floor of ascending wedge. Behavior of EU is to going little more up with at maximum hitting second resistance of this ascending wedge (1.2160 - 1.2200), depends when it will be touched. If not before forex close, it will be removed and put next week. Always dangerous to go through week-end with open trade.

The general trend remains bearish, i prefer staying out with short pending order, modified at 1.2180 - 1.2200. Enough pips to catch if TP 1.1875- 1.1600 will be touched.

Good trading for all.

No Signal, No Trade. No fundamenals, No headache.

#256,742
Jun 11, 2010 5:54am Jun 11, 2010 5:54am

giaspyr
| Joined May 2010 | Status: Trader | 201 Posts

Pls somebody splash the cash to clear break 1.2130/40 so we can go higher got bored all morning waiting for that.

#256,743
Jun 11, 2010 6:00am Jun 11, 2010 6:00am

No Stress
| Joined Oct 2009 | Status: No patience = No trading | 307 Posts

Quoting giaspyr

Disliked

Pls somebody splash the cash to clear break 1.2130/40 so we can go higher got bored all morning waiting for that.

Ignored

Bored means psychological trader problem. You could loose your patience to follow your plan, then you will decide to enter too soon or exit too soon also and beguinning to doubt about your calculation...etc.

If you expect a certain level, make sound alarm on your screen, and do other thing then trading.

No Signal, No Trade. No fundamenals, No headache.

#256,744
Jun 11, 2010 6:00am Jun 11, 2010 6:00am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts

I am long with 1.2 lot .
sold only 0.5 lot scalp some 20 pips.

1.2210 is my TP.

Good luck.

A little beginner trader since 2006

#256,745
Jun 11, 2010 6:02am Jun 11, 2010 6:02am

Ulterior
Joined Mar 2008 | Status: aka "Johny 1 Lot" | 1,267 Posts

Quoting giaspyr

Disliked

Pls somebody splash the cash to clear break 1.2130/40 so we can go higher got bored all morning waiting for that.

Ignored

critical level. Wont happen till NY guys agree to that

#256,746
Jun 11, 2010 6:03am Jun 11, 2010 6:03am

Ulterior
Joined Mar 2008 | Status: aka "Johny 1 Lot" | 1,267 Posts

Quoting Naseri13

Disliked

I am long with 1.2 lot .
sold only 0.5 lot scalp some 20 pips.

1.2210 is my TP.

Good luck.

Ignored

I dont understand, 15 min ago you were saying you reentered short

#256,747
Jun 11, 2010 6:08am Jun 11, 2010 6:08am

mercy seat
Joined Mar 2010 | Status: Trader | 42,434 Posts

OK - lunchtime here - upside potential should be limited and non-durable - all eyes on 14h30 Retail and 15h55 Michigan - we think that EU will resume a downward trend again

palim palim

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts

#256,748
Jun 11, 2010 6:08am Jun 11, 2010 6:08am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts

Quoting jaylovin

Disliked

thats like in the middle of the current trading range? can i ask what you based the trigger on?

Ignored

1.2100 - 1.2090 is good point too exit.

Quoting sami29uk

Disliked

hi naseri123

i'm a newbie, i really appreciate if you could assist mewith trading eurusd. i been introduced to forex about 3 months, and i am hooked...BUt i need to know when to make an entry and exit. i'm on the forex factory literally all day.
please advise
cheers

sami

Ignored

Quoting JanPoko

Disliked

Just switch the forex factory for
http://www.babypips.com/
and do not come back until you have read and understood all that you find there.
Or, at least, do not start trading live. 90% loosing is scary number and untill you master at least basics there is absolutely no reason why you should not fall into that group.

Ignored

SELL EU 1.2132

Buy U CHF 1.1435 and 1.1445

Sell EJ 111.20

A little beginner trader since 2006

#256,749
Jun 11, 2010 6:13am Jun 11, 2010 6:13am

No Stress
| Joined Oct 2009 | Status: No patience = No trading | 307 Posts

Quoting Naseri13

Disliked

1.2100 - 1.2090 is good point too exit.

SELL EU 1.2132

Buy U CHF 1.1435 and 1.1445

Sell EJ 111.20

Ignored

Buy, Sell, Buy, Sell. Pay attention bro, in a narrow range, your money is going to pay spread more than you get profit !!

No Signal, No Trade. No fundamenals, No headache.

#256,750
Jun 11, 2010 6:24am Jun 11, 2010 6:24am

egkid
Joined Apr 2008 | Status: Trader | 9,414 Posts

Quoting No Stress

Disliked

Buy, Sell, Buy, Sell. Pay attention bro, in a narrow range, your money is going to pay spread more than you get profit !!

Ignored

Good advice
When me and other good traders have different view ...well I should take care and play safe.
US open soon everyone Take care

Inserted Video

#256,751
Jun 11, 2010 6:25am Jun 11, 2010 6:25am

T.E.Lawrence
| Joined Jan 2009 | Status: Trader | 3,071 Posts

I wonder if cable is going to drag fiber down.

#256,752
Jun 11, 2010 6:31am Jun 11, 2010 6:31am

No Stress
| Joined Oct 2009 | Status: No patience = No trading | 307 Posts

See you in New York session. It would be very volatile after this sideways.

No Signal, No Trade. No fundamenals, No headache.

#256,753
Jun 11, 2010 6:37am Jun 11, 2010 6:37am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts

Entry: 1.2132 Target:1.2100 - 1.2105 - 1.2090 Stop: 1.2157

I see divergence with he GBP/USD coming mainly from the surge in the EUR/GBP cross but also the eur/jpy is bullish and gbp/jpy cross is falling in line with the pound so make a little bet eur will get in line...

howevr we need to see S&P and usd/cad also act accordingly as the all point to USD weakness in the moment and gbp/usd had fallen only due to the eur/gbp buying since London session...
let's see..

A little beginner trader since 2006

#256,754
Jun 11, 2010 6:46am Jun 11, 2010 6:46am

Al-Agha
| Joined Apr 2010 | Status: Trader and Mentor | 197 Posts

Hello Ladies & Gents,

Hope you all doing well.

Reaching this point what do you think is next?

Cheers,

Attached Image (click to enlarge)

Click to Enlarge

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Depict history, predict future, and the area in between ...

#256,755
Jun 11, 2010 6:46am Jun 11, 2010 6:46am

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

Quoting Naseri13

Disliked

1.2100 - 1.2090 is good point too exit.

SELL EU 1.2132

Buy U CHF 1.1435 and 1.1445

Sell EJ 111.20

Ignored

the 3 hour charts look opp. for these three.
but these 3 pairs plus the cable are a mess

teb

#256,756
Jun 11, 2010 6:47am Jun 11, 2010 6:47am

DudeSepii
| Joined May 2010 | Status: Malaysia | 764 Posts

I guess this consolidation will continue until Hew York open.

#256,757
Jun 11, 2010 6:52am Jun 11, 2010 6:52am

johto
| Membership Revoked | Joined Oct 2007 | 241 Posts

Quoting sami29uk

Disliked

hi naseri123

i'm a newbie, i really appreciate if you could assist mewith trading eurusd. i been introduced to forex about 3 months, and i am hooked...BUt i need to know when to make an entry and exit. i'm on the forex factory literally all day.

please advise

cheers

sami

Ignored