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EURUSD

  • #336,501
  • Dec 1, 2010 5:24am Dec 1, 2010 5:24am
Quoting johnnyrei
Will add some more longs at 5:00pm GMT
Buyers went to lunch at 1100GMT
"If The Fool persists in his Folly he will become wise." - William Blake
  • #336,502
  • Dec 1, 2010 5:31am Dec 1, 2010 5:31am
Quoting The Fool
Buyers went to lunch at 1100GMT

I just woke up 30min ago - at 5gmt I'm gonna have dinner - maybe steak? My overnight profir was well beyond 3grand.
  • #336,503
  • Dec 1, 2010 5:35am Dec 1, 2010 5:35am
200 day SMA



Lots of news today to send this back where it came from below 1.30



Morning
  • #336,504
  • Dec 1, 2010 5:36am Dec 1, 2010 5:36am
Seems like price is just waiting on the news
  • #336,505
  • Dec 1, 2010 5:42am Dec 1, 2010 5:42am
Quoting johnnyrei
Will add some more longs at 5:00pm GMT
hi
can you show ur analysis how u picked this bottom
  • #336,506
  • Dec 1, 2010 5:42am Dec 1, 2010 5:42am
Im thinking that the reason for this up move is the chart artists needed a wick for the december candle
  • #336,507
  • Dec 1, 2010 5:43am Dec 1, 2010 5:43am
Quoting Clouds
Im thinking that the reason for this up move is the chart artists needed a wick for the december candle
to light it?
  • #336,508
  • Dec 1, 2010 5:44am Dec 1, 2010 5:44am
Quoting Clouds
200 day SMA


and with a negative slope...
Look Sharp/Trade Tight
  • #336,509
  • Dec 1, 2010 5:45am Dec 1, 2010 5:45am
I'm@my work but checking
If u want to sell "Let the price com to u, No need to rush"
  • #336,510
  • Dec 1, 2010 5:45am Dec 1, 2010 5:45am
Quoting PipChick
Seems like price is just waiting on the news
Heya Pipchick!

Hope all is well... As you can see, got stopped for 30 pips this morning

Am looking to re-enter on the 50% fib retracement for a move back down to 1.2900...

As you can see, entry is at 3130 and TP is at 1.2950 with s/l at 1.3170...

You say you're also waiting for a nice setup? I won't be here for adp, got training but am still looking short
@pawpaw1000 on Twitter
  • #336,511
  • Dec 1, 2010 5:45am Dec 1, 2010 5:45am
Quoting Mr Hatch
hehe, well formulated.
Finally a freaking pullback. Let's see how far they can push this....
  • #336,512
  • Dec 1, 2010 5:46am Dec 1, 2010 5:46am
Quoting swing 123
hi
can you show ur analysis how u picked this bottom
Here is one that works.
Wait for the price to dip hard...then buy..if it goes up after that, just brag here to amaze everyone
If it goes down just say you went out with profit or at BE.
It works...you can even get vouches lol
COT: The precious data ignored
  • #336,513
  • Dec 1, 2010 5:46am Dec 1, 2010 5:46am
Quoting pawpaw1000
Heya Pipchick!

Hope all is well... As you can see, got stopped for 30 pips this morning

Am looking to re-enter on the 50% fib retracement for a move back down to 1.2900...

As you can see, entry is at 3130 and TP is at 1.2950 with s/l at 1.3170...

You say you're also waiting for a nice setup? I won't be here for adp, got training but am still looking short
Here's chart...
Attached Image (click to enlarge)
Click to Enlarge Name: tradef.gif.png Size: 58 KB
@pawpaw1000 on Twitter
  • #336,514
  • Dec 1, 2010 5:47am Dec 1, 2010 5:47am
Quoting PriceVolume
Finally a freaking pullback. Let's see how far they can push this....
yep. nothing to do but grab a few and run, until we're there.

choose your poison.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 15 KB
  • #336,515
  • Dec 1, 2010 5:50am Dec 1, 2010 5:50am
Quoting kuroro001
Here is one that works.
Wait for the price to dip hard...then buy..if it goes up after that, just brag here to amaze everyone
If it goes down just say you went out with profit or at BE.
It works...you can even get vouches lol
So true.............
Trade the price action, not the cash!!!
  • #336,516
  • Dec 1, 2010 5:51am Dec 1, 2010 5:51am
Quoting pawpaw1000
Heya Pipchick!

Hope all is well... As you can see, got stopped for 30 pips this morning

Am looking to re-enter on the 50% fib retracement for a move back down to 1.2900...

As you can see, entry is at 3130 and TP is at 1.2950 with s/l at 1.3170...

You say you're also waiting for a nice setup? I won't be here for adp, got training but am still looking short
The fundis have been short for sure but now the daily touched a level (78.6} with bullish HD so this "could" be the end of the short side. I think the close of this week will tell us more. NFP can change everything. The question is...does the mkt want to take this up so NFP can sell it? Its a wait and see game.
  • #336,517
  • Dec 1, 2010 5:52am Dec 1, 2010 5:52am
Quoting kuroro001
Here is one that works.
Wait for the price to dip hard...then buy..if it goes up after that, just brag here to amaze everyone
If it goes down just say you went out with profit or at BE.
It works...you can even get vouches lol
:nerd: if nothing else works, put up a nice profile pic. i have a favourite there, even my wife is a bit envious about her
  • #336,518
  • Dec 1, 2010 5:52am Dec 1, 2010 5:52am
Quoting Mr Hatch
to light it?

For the holidays!
  • #336,519
  • Dec 1, 2010 5:52am Dec 1, 2010 5:52am
hourly close up in a few, lets see who wants it more...
Look Sharp/Trade Tight
  • #336,520
  • Dec 1, 2010 5:54am Dec 1, 2010 5:54am
15m and 30m up trend lines holding, but running into the hourly downward trend line. Side ways till the news, then there will be pips to be made hourly trend breaking up or retrace today's gains downward.

- Hourly is trying to hammer currently, Paythelimit said it best, who wants it more
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