EURUSD

They already did. Kindly check the purple line.

Short again

Hi there, posting to subscribe to the thread.

I trade EU on 4 hourly charts and i am currently in a long bet from 27655, which is looking pretty good right now. Everything looking Bullish at present and i hope you guys on here who keep calling shorts are just scalping, because this ain't going down long term just yet.

Good luck.

Next target is 1,3380

Ready to short this on next 30min candle...

Take profit????

13330 pending hit/scalping and letting run if it wants to

Done !

any second any min or any hour/by the time I typed this I may have closed for right now.TP 12250-heh

read a great line by a top trader once, something about "trends can continue in an irrational manner longer than we can stay solvent"

Out of long + 37, consider re-enter long

1 min TF entry

Apart from the recent announcement that the euro zone may be growing *twice* as fast as previously forecasted? Apart from the fact, that we haven't heard anything bad recently from the peripheral countries (with the exception of Ireland with regards to Anglo Irish). Apart from the fact, that unemployment in the euro zone is lower than in the US (despite the US job market being more 'mobile' and flexible). Apart from that the EU countries appear to be further ahead of the curve (ie at least they started to implement austerity measures, which of course may backfire, to control debt).

Don't get me wrong, I am not saying that these justify the current levels of EUR, but I guess a lot of people feel that at the moment EU looks better. And emerging markets look even better. This may turn any moment (just think of yesterday's article on Reuters where the Greek prime minister(?) said a 'Greek default "would" be a tragedy'. Not long ago he was saying Greece will not default.

But, hey, do we care? Look at the charts, get our green pips, and I for one don't give a toss, if the EUR is unreasonably priced at the moment. I'll make some more green pips when it gets corrected !

I think i want to comment on that:

* Trends dont exist
* Therefore they are irrational in its nature, a flight of fantasy
* Since trends dont exist and are irrational, its rationality cannot be accounted for, since there are none. If something happens concerning trends, either way, yours or somebody elses, if you stay solvent or not depends on nothing that can be accounted for in any way that can be called rational.
* Time does not exist

usd retrace 2day?

But, hey, do we care? Look at the charts, get our green pips, and I for one don't give a toss, if the EUR is unreasonably priced at the moment. I'll make some more green pips when it gets corrected ![/quote]

I have not checked enough news, was simply wary of the S/R levels

Long order denied, need a little retrace

Now it seems to be stuck above 1,3300-10, i'll be surprise to see it dropping hard.
Suprised and lost!

Heres how i think trends can de disproven:

Can you touch the trend?
Can you pick it up and put it in youre pocket and give it to some really goodlooking girl/guy you like?
Can you make coffee from the trend somehow?
Could you make tea, and put the trend in it to sweeten it?


Lets get less physical:

Can you see one trend?
How many trends can you see?
Are there 2 trends in our universe?
Are there 6.000.000 trends in our universe?
Does trends effect eachother?
Can there be trends going everywhere numbering in infinity, theyre strength, length, end and beginning untold?


And even less physical:

Is trend defined by price changing to another number then a previous number?
Can you trade without the trend?
Can you ignore the trend?
Can you not ignore the trend?
Is the trend obvious?
Is the trend not obvious?

EDIT: mm coffee

can't post entry pic/MS paint disappeared .Gahh