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EURUSD

  • #320,661
  • Nov 7, 2010 7:42pm Nov 7, 2010 7:42pm
Renminbi set higher a fraction vs the dollar now at 6691, heads up.
  • #320,662
  • Nov 7, 2010 7:43pm Nov 7, 2010 7:43pm
Quoting Venice
Anyone find a reason why the dollar is rallying?
Good NFP figures from friday ? maybe some funds/traders are unloading some of their longs...but what do i know lol...it could be anything to be honest so lets focus on trading our chart
COT: The precious data ignored
  • #320,663
  • Nov 7, 2010 7:44pm Nov 7, 2010 7:44pm
LOL..this thread is a joke.. Lets see..all within a five minute period of time this dude is buying while this dude is selling and ohhhhhhh this other dude is selling too and wait now we have another dude buying. WTF is goin on here? Not a single chart! Nothing but ridiculous 4 and 10 pip trades. All I can do is sit here and read these posts and laugh my ass off at this nonsense.
  • #320,664
  • Nov 7, 2010 7:44pm Nov 7, 2010 7:44pm
Quoting kassec
This gap thing does not require so many posts IMHO ...

Gap doesn't exist because Forex is a 24*7 distributed market. Cloggie and others are right about that for sure. But, most retail trading platforms are being closed during 48h and their customers see a gap when the platform comes back online. Chonchy and others are right about that also.

Something else is true : this price difference retail traders have on their platform tends to fill. From a statistical point of view, it's often true. I don't know the reason, and "trading the gap" is perhaps...
It is beyond me, why you are the way you are???
  • #320,665
  • Nov 7, 2010 7:44pm Nov 7, 2010 7:44pm
Quoting cloggie
Renminbi set higher a fraction vs the dollar now at 6691, heads up.
I suck in economy....care to explain mate?

Cheers
COT: The precious data ignored
  • #320,666
  • Nov 7, 2010 7:45pm Nov 7, 2010 7:45pm
Quoting PipChick
LOL..this thread is a joke.. Lets see..all within a five minute period of time this dude is buying while this dude is selling and ohhhhhhh this other dude is selling too and wait now we have another dude buying. WTF is goin on here? Not a single chart! Nothing but ridiculous 4 and 10 pip trades. All I can do is sit here and read these posts and laugh my ass off at this nonsense.

This thread is the king of the 1 pip traders. I got my trades set, of to sleep.
  • #320,667
  • Nov 7, 2010 7:46pm Nov 7, 2010 7:46pm
Quoting cloggie
This thread is the king of the 1 pip traders.
It sure as hell is and I have no idea how they are making any money like that. But who knows....maybe they do, but it is beyond me.
  • #320,668
  • Nov 7, 2010 7:47pm Nov 7, 2010 7:47pm
my personal goal



to have enough money not to trade
  • #320,669
  • Nov 7, 2010 7:47pm Nov 7, 2010 7:47pm
Quoting PipChick
It sure as hell is and I have no idea how they are making any money like that. But who knows....maybe they do, but it is beyond me.

It is my dose of fun to start the week of with a smile. Just keep an eye on the Chinese and you will know exactly where this is going irrespective of the nicely colored MA's, resetting the Renminbi was what I was waiting for.
  • #320,670
  • Nov 7, 2010 7:47pm Nov 7, 2010 7:47pm
Quoting geniusztc
at/below friday's low?do you mean now ??i do not think so .it is going short now .no support here right now .
I didn't checked the S/R below 1.4020. For sure, I wouldn't go long if we break 1.4020 on H1. For me, that could establish a downtrend. And since my tools sent me bearish signals ...

I'm in scalping and nap mode only until London establish/confirms a trend (if it does !).
Don't just be a sheep : make your own idea of it.
  • #320,671
  • Nov 7, 2010 7:48pm Nov 7, 2010 7:48pm
As a long time lurker and now first time poster I find this thread to be enlightening, educational, and sometimes entertaining. What I don't quite understand is the need for some to come in and bash the regulars on this thread.
Don't Panic. Stay With You're Group.
  • #320,672
  • Nov 7, 2010 7:49pm Nov 7, 2010 7:49pm
They want touch low bolinger on 4 h. and rebound then.
  • #320,673
  • Nov 7, 2010 7:49pm Nov 7, 2010 7:49pm
.........cha-chin 38 more sardines..........long now...........
The Chonchy
  • #320,674
  • Nov 7, 2010 7:50pm Nov 7, 2010 7:50pm
target 1.394x area before ............ move sl to break even......

And dollor index..........
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdx.gif Size: 21 KB
  • #320,675
  • Nov 7, 2010 7:50pm Nov 7, 2010 7:50pm
Quoting kuroro001
If you ever hear of a good EU thread...drop me a call

There isn't one, the Cable thread is usually pretty good but even there there is a good share of the muppets.
  • #320,676
  • Nov 7, 2010 7:52pm Nov 7, 2010 7:52pm
Quoting cagriguler
short @ 1.4040 TP: 1.3990 SL: 14070

Good Luck
+50pips profit Good Night - See you tomorrow
  • #320,677
  • Nov 7, 2010 7:53pm Nov 7, 2010 7:53pm
Quoting chonchy
.........cha-chin 38 more sardines..........long now...........
yeah..I couldnt write it fast enuf but I was going to tell ya the EU was headed for at least 3966 and possibly 3925. Hope you didnt lose your 4 pips ya made earlier.
  • #320,678
  • Nov 7, 2010 7:53pm Nov 7, 2010 7:53pm
Quoting Venice
Anyone find a reason why the dollar is rallying?
it was our of normal pa. it usually retreats after. gartly says 3333.. in min normal retreat says 1.3 ish... re trace's usually over correct. if you longer term bearish you can see this up move was a over-correction past 1350 ish. if the trend from 1.6 remains, we will get a new low. but as for now we have to make the day..below 4015.. is a bear #..
those who can, do. those who cant, talk about those who can
  • #320,679
  • Nov 7, 2010 7:54pm Nov 7, 2010 7:54pm
look where eu is now from a 5 min scalp ..... l closed it but the trading plan is already given to us on the left



price structure on left - trade to the right with RR in your trading plan
  • #320,680
  • Nov 7, 2010 7:55pm Nov 7, 2010 7:55pm
Quoting chonchy
.........cha-chin 38 more sardines..........long now...........
kinda like to stay short till Frankie, +30 , SL at BE...what the heck...it's free
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