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EURUSD

  • #290,601
  • Sep 9, 2010 7:41am Sep 9, 2010 7:41am
it doesn't go up.. otherwise it would be up already.. its a good position to short imho.
  • #290,602
  • Sep 9, 2010 7:41am Sep 9, 2010 7:41am
shorted au tight stop
  • #290,603
  • Sep 9, 2010 7:43am Sep 9, 2010 7:43am
Well, learning news trading on my demo. Got +3 pips , couldn't wait proper bull back. Next time smarter again
  • #290,604
  • Sep 9, 2010 7:45am Sep 9, 2010 7:45am
well its trying the upside...I'll take a look at a long scalp after a test of 10/15 now...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 22 KB
Look Sharp/Trade Tight
  • #290,605
  • Sep 9, 2010 7:46am Sep 9, 2010 7:46am
Quoting DrLobo
Why the hell is Euro going up against the Dollar ?
there were good news, now people are more willing to take risks

I still believe that the euro is going under 1.2700 and it kept over 1.2705 because somebody was buying a lot. The good news came and it didn't rocket to the sky, the market may be overbought. That's how I see it at the moment.
"The reason I was born and came into the world is to testify to the truth."
  • #290,606
  • Sep 9, 2010 7:48am Sep 9, 2010 7:48am
high volume on the try to the up side... guess lot of selling in progress- ill wait for the hourly close ...
  • #290,607
  • Sep 9, 2010 7:50am Sep 9, 2010 7:50am
Have a good day everyone.....I am checking out now.....going to look at that Subaru for my wife. Going to miss the good action on the Euro and Crude when inventory report comes out....oh well....it has been a GREAT week so far......time to do some family things.

Cheers.

Faller
I don't trust any move - when you have profit...take it.
  • #290,608
  • Sep 9, 2010 7:53am Sep 9, 2010 7:53am
nzd will always impress me, on top, no moving, best currency ever!
nothing can touch it !
COT: The precious data ignored
  • #290,609
  • Sep 9, 2010 7:53am Sep 9, 2010 7:53am
lol glad i took a long.. i hope it firmly breaks the 40's soon.. placing sells around 1.2790(depends on action) with stops @ 1.2719
  • #290,610
  • Sep 9, 2010 7:54am Sep 9, 2010 7:54am
Quoting Shah22
thanks.. much learn from my losses and secondly in FF from seniors
:-) ha ha, I second that. Losses and FF seniors makes for a good school grounding.

PS I'm still learning and I wouldn't want to confuse anyone by listing my trades; little bit good but still little bit bad. Definitely improving with practice though - and lots of patience LOL

Good trading to all ...
  • #290,611
  • Sep 9, 2010 7:57am Sep 9, 2010 7:57am
FYI

This 3rd "spike" looks like a fake...
They think they are smarter than I am.
  • #290,612
  • Sep 9, 2010 7:58am Sep 9, 2010 7:58am
Quoting Lorna
:-) ha ha, I second that. Losses and FF seniors makes for a good school grounding.

PS I'm still learning and I wouldn't want to confuse anyone by listing my trades; little bit good but still little bit bad. Definitely improving with practice though - and lots of patience LOL

Good trading to all ...
losses teach you that you need how much patience?.. and how you can control your emotions and feelings?..while in FF reject the bad and accept the good.. i believe you can learn a lot from here..be honest i never have a wish that you take losses
  • #290,613
  • Sep 9, 2010 8:00am Sep 9, 2010 8:00am
please define fake ?

Quoting Z3iz3i
FYI

This 3rd "spike" looks like a fake...
  • #290,614
  • Sep 9, 2010 8:04am Sep 9, 2010 8:04am
Quoting Z3iz3i
FYI

This 3rd "spike" looks like a fake...
what about the fourth...
Look Sharp/Trade Tight
  • #290,615
  • Sep 9, 2010 8:05am Sep 9, 2010 8:05am
Don't be surprised if Euro zone central bank buying this crap
You cannot learn better without losing
  • #290,616
  • Sep 9, 2010 8:06am Sep 9, 2010 8:06am
aaaaaaaaah, At Last!
  • #290,617
  • Sep 9, 2010 8:07am Sep 9, 2010 8:07am
short done at 2752 with sl 2769 tp at 2710...
  • #290,618
  • Sep 9, 2010 8:07am Sep 9, 2010 8:07am
Quoting CaveatEmptor
aaaaaaaaah, At Last!
AH what?
  • #290,619
  • Sep 9, 2010 8:10am Sep 9, 2010 8:10am
Quoting Z3iz3i
FYI

This 3rd "spike" looks like a fake...



Drop it at 1.2761 if it makes it........... Tight SL.

Hit my target at 1.2748 from 1.2715 and now waiting....
  • #290,620
  • Sep 9, 2010 8:10am Sep 9, 2010 8:10am
Can someone please explain WHY the USD would get weaker against the EUR of the data out of the states was better than expected?

I went long on USD/CAD because data from Canada was worse than expected and the data from he states was better than expected.

Why did it go wrong?
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