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EURUSD

  • #317,141
  • Nov 1, 2010 8:45am Nov 1, 2010 8:45am
I'm going to wait some more, still looking for a short setup
Look Sharp/Trade Tight
  • #317,142
  • Nov 1, 2010 8:45am Nov 1, 2010 8:45am
Quoting england33
The question is will it break this time?
And there's the answer I was waiting for.
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Click to Enlarge Name: eu - usd example.gif Size: 14 KB
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #317,143
  • Nov 1, 2010 8:48am Nov 1, 2010 8:48am
Quoting Srikanth
Opened a small long @ 1.3915. ISM Manufacturing PMI gives us the direction in 30 mins..
TP1 hit with +35 pips.
  • #317,144
  • Nov 1, 2010 8:49am Nov 1, 2010 8:49am
WoW serially 3 red candlesticks in BV. Till the news, bull trying hard to stay above 200MA
You cannot learn better without losing
  • #317,145
  • Nov 1, 2010 8:49am Nov 1, 2010 8:49am
Looking for easy 25 pips with USD news announcment.
Bought at 1.3937 with t/p at 13962 using a 12 pip stop.

+ 8 already and s/l moved to BE
  • #317,146
  • Nov 1, 2010 8:49am Nov 1, 2010 8:49am
Quoting Srikanth
TP1 hit with +35 pips.
i wonder where the second TP might be

good job
I SEE YOU !!
  • #317,147
  • Nov 1, 2010 8:50am Nov 1, 2010 8:50am
Quoting england33
And there's the answer I was waiting for.
hey england33 is your yellow line from another TF? thanks in advance, PTL
Look Sharp/Trade Tight
  • #317,148
  • Nov 1, 2010 8:50am Nov 1, 2010 8:50am
Quote
I'm going to wait some more, still looking for a short setup

setup is being made right now since it don't go futher then 1.3960
So get ready!
  • #317,149
  • Nov 1, 2010 8:51am Nov 1, 2010 8:51am
crude oil takes off
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #317,150
  • Nov 1, 2010 8:55am Nov 1, 2010 8:55am
Quoting dbfusion
i wonder where the second TP might be

good job
TP2 is around 1.3970/80
  • #317,151
  • Nov 1, 2010 8:55am Nov 1, 2010 8:55am
Seems like sl chasing is on its way. Hopefully we'll find a trend during next hour. I'm short from 1.3955, already at BE. Hoping to be on the right side.
Don't just be a sheep : make your own idea of it.
  • #317,152
  • Nov 1, 2010 8:55am Nov 1, 2010 8:55am
Quoting Bro
setup is being made right now since it don't go futher then 1.3960
I am going to hold off a few mins/ or bars depending...
Look Sharp/Trade Tight
  • #317,153
  • Nov 1, 2010 8:55am Nov 1, 2010 8:55am
Quoting PayTheLimit
hey england33 is your yellow line from another TF? thanks in advance, PTL
No it's just a pivot indicator.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #317,154
  • Nov 1, 2010 8:56am Nov 1, 2010 8:56am
Quoting ScoTTyBEEE
I've not even once said a bad word against either of you. Admittedly you're losing my support now chonchy.
no you haven't said bad words but you are implying that I want him......like a gay thing what the hell is that for.......get a life guys..get a life
The Chonchy
  • #317,155
  • Nov 1, 2010 8:57am Nov 1, 2010 8:57am
Moving target to 1.3885.
  • #317,156
  • Nov 1, 2010 8:57am Nov 1, 2010 8:57am
the fancy word for:

there will be a price to pay for QE2 but we really don't know what they are.

some guesses:

the first one is competitive devaluation.

another fancy word.

exports are often a large part of a countries balance sheet.

when you "devalue" it makes your exports less expensive to foreign buyers.

the problem is... what happens during a global recession. (what we are in)

all struggling countries want to boost their exports and the game begins.

the US devalues... Japan devalues.... etc.... we are competing to devalue.

stan
  • #317,157
  • Nov 1, 2010 8:58am Nov 1, 2010 8:58am
euro seems ready to take off?
  • #317,158
  • Nov 1, 2010 8:59am Nov 1, 2010 8:59am
Anything above 1.3900 is a good buy...adding a long here @ 1.3925 again with TP1: 1.3945 and TP2: 1.3965
  • #317,159
  • Nov 1, 2010 9:02am Nov 1, 2010 9:02am
October ISM Index 56.9 vs 54.0 Briefing.com consensus, September 54.4


say bye to Q.E.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #317,160
  • Nov 1, 2010 9:03am Nov 1, 2010 9:03am
Quoting Z3iz3i
Rinse and repeat if 1.3940/50 holds as resistance.
Could it be magic?
They think they are smarter than I am.
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