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EURUSD

  • #313,901
  • Oct 26, 2010 5:30am Oct 26, 2010 5:30am
Quoting T@rantula
Thats why im not in EU trade at this moment. Traders need to know when they should not trade. Not having an opened position is like having a trade in some circumstances
Exactly! Protect your capital........number one rule!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #313,902
  • Oct 26, 2010 5:30am Oct 26, 2010 5:30am
ZigZag indicator is good tools to define SR level..... Using it on Weekly, Daily, H4, H1 gives a support and resistance level.............
  • #313,903
  • Oct 26, 2010 5:32am Oct 26, 2010 5:32am
Quoting T@rantula
Thats why im not in EU trade at this moment. Traders need to know when they should not trade. Not having an opened position is like having a trade in some circumstances


I do some extremes if some occurs.
They think they are smarter than I am.
  • #313,904
  • Oct 26, 2010 5:32am Oct 26, 2010 5:32am
Well I'd like to see 3948/53 turn into support here....
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Look Sharp/Trade Tight
  • #313,905
  • Oct 26, 2010 5:38am Oct 26, 2010 5:38am
It's exactly 4 pips away from where I logged out 8 hours ago...
  • #313,906
  • Oct 26, 2010 5:39am Oct 26, 2010 5:39am
Well, Ford Motor Co earnings in 20 minutes and is suppose to be very strong. May be EU long?
  • #313,907
  • Oct 26, 2010 5:42am Oct 26, 2010 5:42am
The hourly studies are out from the oversold levels. I will be looking to sell at two succesive resistance levels. For today we have a first resistance level near 1,3987 but this is not very strong. The strogest level of resistence is near 1,4103.
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  • #313,908
  • Oct 26, 2010 6:03am Oct 26, 2010 6:03am
Maybe not an very impressive hourly bar, but what I notice is that the bears failed to really get below the previous bars close, despite having made a new low on the push down. Something to keep in mind I guess....
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Look Sharp/Trade Tight
  • #313,909
  • Oct 26, 2010 6:16am Oct 26, 2010 6:16am
World Cup oracle Paul the Octopus dies – Press Association Please be silent for a minute ..... Thanks

Maybe this will push the euro down ....
  • #313,910
  • Oct 26, 2010 6:16am Oct 26, 2010 6:16am
Quoting PayTheLimit
Maybe not an very impressive hourly bar, but what I notice is that the bears failed to really get below the previous bars close, despite having made a new low on the push down. Something to keep in mind I guess....
bears are still in charge
what you should look at is a bull candle that closes above last bear candle open.
which haven't happened yet .
bulls tried but failed couple of times including last hour candle as you see .

I hope this clarify it
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I SEE YOU !!
  • #313,911
  • Oct 26, 2010 6:19am Oct 26, 2010 6:19am
Quoting PayTheLimit
sl now 3931...

out at 3938..-13
Look Sharp/Trade Tight
  • #313,912
  • Oct 26, 2010 6:23am Oct 26, 2010 6:23am
Quoting dbfusion
bears are still in charge
what you should look at is a bull candle that closes above last bear candle open.
which haven't happened yet .
bulls tried but failed couple of times including last hour candle as you see .

I hope this clarify it
Yes I see what you are saying....
Look Sharp/Trade Tight
  • #313,913
  • Oct 26, 2010 6:25am Oct 26, 2010 6:25am
Quoting dbfusion
bears are still in charge
what you should look at is a bull candle that closes above last bear candle open.
which haven't happened yet .
bulls tried but failed couple of times including last hour candle as you see .

I hope this clarify it
Brilliant explanation - thank you!
  • #313,914
  • Oct 26, 2010 6:27am Oct 26, 2010 6:27am
i closed mine too
bears are strong
I SEE YOU !!
  • #313,915
  • Oct 26, 2010 6:29am Oct 26, 2010 6:29am
managed to add one at 60 short.
Does seem to struggle getting back down through 50 though.

Citi group got out of long eur notes
making green pips large and red pips small this is my goal.
  • #313,916
  • Oct 26, 2010 6:30am Oct 26, 2010 6:30am
anyone can show me whats the impact of USD from S&P/CS Composite-20 HPI y/y and CB Consumer Confidence news. What the bullish and bearish movement range of Eur/Usd?

salut
-trades in advance
  • #313,917
  • Oct 26, 2010 6:31am Oct 26, 2010 6:31am
Quoting Delite
Brilliant explanation - thank you!
you are welcomed
I SEE YOU !!
  • #313,918
  • Oct 26, 2010 6:33am Oct 26, 2010 6:33am
got out at 30 .

build position again if it pushes up.

Just got in at small position short 32 see what happens
making green pips large and red pips small this is my goal.
  • #313,919
  • Oct 26, 2010 6:33am Oct 26, 2010 6:33am
Quoting Munal
The sharks are roaming here and there till the US opens........

Hope the shark didn't hunt you .............. ???
  • #313,920
  • Oct 26, 2010 6:35am Oct 26, 2010 6:35am
would like to c candle close below 22 here otherwise........
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