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EURUSD

  • #288,621
  • Sep 3, 2010 7:52am Sep 3, 2010 7:52am
Quoting DrLobo
errr so what is the strategy now ))
best strategy for peace of mind "sit on hands"
  • #288,622
  • Sep 3, 2010 7:52am Sep 3, 2010 7:52am
Very nice UJ spike, caught 47 pips...UJ probably will jump to 87.xx level next week
  • #288,623
  • Sep 3, 2010 7:52am Sep 3, 2010 7:52am
Food for thought.....good numbers are usually good for risk....but in this case, it casts the arrival of Queasing II into doubt....hmmm....what was "inevitable" a few days ago is a little bit less so....for now.
  • #288,624
  • Sep 3, 2010 7:53am Sep 3, 2010 7:53am
Quoting DrLobo
errr so what is the strategy now ))
It was a swing with low volume, just a spike to test resistance and trigger sellers...right now looks like that.
They think they are smarter than I am.
  • #288,625
  • Sep 3, 2010 7:54am Sep 3, 2010 7:54am
Quoting PriceVolume
Food for thought.....good numbers are usually good for risk....but in this case, it casts the arrival of Queasing II into doubt....hmmm....
UJ is defo the best pair to trade NFP, but it requires a good non lagging connection
  • #288,626
  • Sep 3, 2010 7:54am Sep 3, 2010 7:54am
pending au shorts 9195, healthy stop.....
  • #288,627
  • Sep 3, 2010 7:54am Sep 3, 2010 7:54am
in stockmarket,forex the market always give a second or even a third chance.......take it....... Peace.
  • #288,628
  • Sep 3, 2010 7:54am Sep 3, 2010 7:54am
Quoting The Fool
I dozed off for a bit and I dreamed it was a green number.

Coffee time.
This is how its done. Clairvoyance and coffee.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #288,629
  • Sep 3, 2010 7:54am Sep 3, 2010 7:54am
Although charts dont support it yet. I have feeling we might end the day near 1.271x.
  • #288,630
  • Sep 3, 2010 7:55am Sep 3, 2010 7:55am
Just bought @1.2825 with a TP: 1.2945

keep it simple...
  • #288,631
  • Sep 3, 2010 7:56am Sep 3, 2010 7:56am
Quoting T@rantula
Very nice UJ spike, caught 47 pips...UJ probably will jump to 87.xx level next week
yeah, thanks for the tip

btw, you think the next news can affect it more?
EU is making a pin bar on m30
cant know to where it will go
  • #288,632
  • Sep 3, 2010 7:56am Sep 3, 2010 7:56am
wow...517 traders viewing this thread now...
  • #288,633
  • Sep 3, 2010 7:56am Sep 3, 2010 7:56am
closed out short in profit. now awaiting another entry.
  • #288,634
  • Sep 3, 2010 7:56am Sep 3, 2010 7:56am
Quoting Z3iz3i
Volumes did not support this move i see what i was asking...so we may go down from here. Coin toss.
u are absolutly right, we are movin down
  • #288,635
  • Sep 3, 2010 7:57am Sep 3, 2010 7:57am
Quoting The Fool
This is how its done. Clairvoyance and coffee.

I woke up at 6 had 3 big cups!
  • #288,636
  • Sep 3, 2010 7:58am Sep 3, 2010 7:58am
Quoting Munal
Watching Chart........... Eyes open news on the way.......... Any one with this action as per chart...........
Shorted on that 38.2 Fib Level ...........
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  • #288,637
  • Sep 3, 2010 7:58am Sep 3, 2010 7:58am
Quoting Srikanth
Just bought @1.2825 with a TP: 1.2945

keep it simple...
welcome to the bull camp.......
  • #288,638
  • Sep 3, 2010 7:59am Sep 3, 2010 7:59am
IMO these are EUR/USD bear numbers. The news is somewhat good (strengthening risk), but it is more bad (strengthening off risk). They are not bad enough to implement Fed bond buying which is good for USD.
  • #288,639
  • Sep 3, 2010 7:59am Sep 3, 2010 7:59am
Quoting T@rantula
UJ is defo the best pair to trade NFP, but it requires a good non lagging connection
wait for retracement, it is coming
  • #288,640
  • Sep 3, 2010 7:59am Sep 3, 2010 7:59am
Quoting baruch
yeah, thanks for the tip

btw, you think the next news can affect it more?
EU is making a pin bar on m30
cant know to where it will go
Usually good NFP numbers push EU up, because after buying $ vs Y traders want to long EUR and GBP.

I personally never trade EU when NFP is released, only UJ pair because it is pretty straightforward to trade it after the news

IM still keeping my long EU position LONG as I have placed a long @ 2730 taking in consideration what my chart is showing to me
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