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EURUSD

  • #281,661
  • Aug 13, 2010 7:25am Aug 13, 2010 7:25am
a lógica parece ser essa
Quoting wannaberich
that good Eur news drive EU up, Bad Eur news drive EU down, good or bad USD news drive EU down.

so.... quite simple! next we have USD news. whatever they bring then EU is going down LOL

why do we even bother thinking
  • #281,662
  • Aug 13, 2010 7:25am Aug 13, 2010 7:25am
Quoting Javed
I have a buy order goin now, with a sell stop pending order 3 times the buy order incase if the price reverses after news))
Good strategy indeed.
In forex, one currency is always up!
  • #281,663
  • Aug 13, 2010 7:25am Aug 13, 2010 7:25am
Quoting Crassius
the Big Fig 1.2800. Will add to that position and lower my basis if we move lower.

It just smells right to me.
I guess you're right but i'd wait the news first
COT: The precious data ignored
  • #281,664
  • Aug 13, 2010 7:25am Aug 13, 2010 7:25am
Quoting wannaberich
that good Eur news drive EU up, Bad Eur news drive EU down, good or bad USD news drive EU down.

so.... quite simple! next we have USD news. whatever they bring then EU is going down LOL

why do we even bother thinking
Maybe it's not working on friday
COT: The precious data ignored
  • #281,665
  • Aug 13, 2010 7:27am Aug 13, 2010 7:27am
Quoting mfoste1
usd and risk have an inverse relationship........
yes but trading news is more like blind shot. Sometimes good news are good for eur and bad for usd, sometimes good for usd ...
already positioned now wait 5 min.

E: ...and stopped... picking bottoms is hard
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 51 KB
  • #281,666
  • Aug 13, 2010 7:27am Aug 13, 2010 7:27am
it goes down to your sell and comes back up in a flash. quite normal at news time...

Quoting Javed
I have a buy order goin now, with a sell stop pending order 3 times the buy order incase if the price reverses after news))
dreams do come true.
  • #281,667
  • Aug 13, 2010 7:31am Aug 13, 2010 7:31am
Quoting andreypu
Gator. Europe has other things that matters in todays economy . 1 is science., skills and innovation (research from nukes to space rockets ). 2 infrastructure from fast trains to ports. 3 cheap labor, most of non europeans seem to forget that the eu has in its inner core cheap Eastern European labor that can compete with chinese labor if you take into account transportation. A romanian worker producing dacias exported worlwide by renault costs 300 $ a month. A czech engineer working in bi o technology gets 1000 $ a month. what europe doesnt have...
ok.. so you got lower cost Romanians competing against Germans for less future market share. In a high social cost economy that subsidizes its rail system. An aging population with high social cost is a trend. Germany losing its #1 manufacturing tittle is a trend. Germans working less hours to keep unemployment figures lower is a trend. We have yet to scratch the surface in Asian competition. compared to Vietnam and Indonesia, China has high cost workers. lets close our eyes and ignore it. it will go away.
those who can, do. those who cant, talk about those who can
  • #281,668
  • Aug 13, 2010 7:34am Aug 13, 2010 7:34am
Who wants a rally ?!!
COT: The precious data ignored
  • #281,669
  • Aug 13, 2010 7:37am Aug 13, 2010 7:37am
Quoting wannaberich
that good Eur news drive EU up, Bad Eur news drive EU down, good or bad USD news drive EU down.

so.... quite simple! next we have USD news. whatever they bring then EU is going down LOL

why do we even bother thinking
excellent
  • #281,670
  • Aug 13, 2010 7:37am Aug 13, 2010 7:37am
stopped and what ? Market went up without me
  • #281,671
  • Aug 13, 2010 7:39am Aug 13, 2010 7:39am
  • #281,672
  • Aug 13, 2010 7:39am Aug 13, 2010 7:39am
Rangeing becomes to an option because it did not break down.
Waiting news effect to wear off.
They think they are smarter than I am.
  • #281,673
  • Aug 13, 2010 7:41am Aug 13, 2010 7:41am
25 was 38.2 retrace of todays break...
Look Sharp/Trade Tight
  • #281,674
  • Aug 13, 2010 7:43am Aug 13, 2010 7:43am
RiskOn?
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 19 KB
Look Sharp/Trade Tight
  • #281,675
  • Aug 13, 2010 7:44am Aug 13, 2010 7:44am
US retail and CPI only 0.1% from forecast, but better than previous.

1.277xx yesterday and today, lets see next week how long EU will go
  • #281,676
  • Aug 13, 2010 7:45am Aug 13, 2010 7:45am
Quoting PayTheLimit
RiskOn?
We'll know more once this hourly candle closes...finally a candle with momentum ...
COT: The precious data ignored
  • #281,677
  • Aug 13, 2010 7:46am Aug 13, 2010 7:46am
Quoting Z3iz3i
Rangeing becomes to an option...
no 'e' in ranging.
  • #281,678
  • Aug 13, 2010 7:46am Aug 13, 2010 7:46am
Not gonna feel safe till we get back above 1.2830.
  • #281,679
  • Aug 13, 2010 7:47am Aug 13, 2010 7:47am
EY testing old support...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 22 KB
Look Sharp/Trade Tight
  • #281,680
  • Aug 13, 2010 7:47am Aug 13, 2010 7:47am
the the D50 ema still holding....

Quoting Z3iz3i
Rangeing becomes to an option because it did not break down.
Waiting news effect to wear off.
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