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EURUSD

  • #343,481
  • Dec 10, 2010 2:03am Dec 10, 2010 2:03am
Quoting Purple
If it goes to 135 than that move is called short squeeze not long squeeze...
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,482
  • Dec 10, 2010 2:05am Dec 10, 2010 2:05am
Quoting egkid
I don't know which TF u trade OR ur MM but any how GL!!
Hi egkid . was-up . was up ? . Sorry i am from miami
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,483
  • Dec 10, 2010 2:05am Dec 10, 2010 2:05am
This is the hourly chart and you can clearly see the momentum it heading downwards .
bears
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  • #343,484
  • Dec 10, 2010 2:06am Dec 10, 2010 2:06am
Quoting apt
Long since 1.3270, SL @ 1.3255

Sell position at 1.3240.
I'm on the other side of that one.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #343,485
  • Dec 10, 2010 2:06am Dec 10, 2010 2:06am
  •  damo
  • | Joined Aug 2010 | Status: Chart Pattern & Trend Trader | 217 Posts
Quoting fontu
Price back below tl again , frankie false spike ok , if do London? possible also & so for any long scalping will care & not believe untill it breaks up 3334 & hold .
fontu
fully agree
Trade what you see, not what you think.
  • #343,486
  • Dec 10, 2010 2:06am Dec 10, 2010 2:06am
This is my plan for the day... simple naked trading... just sell below that trendline break to target 3180 and below... buy above upper trendline to target 3350..

good luck all

anna

PS ditch all indicators and trade naked
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  • #343,487
  • Dec 10, 2010 2:07am Dec 10, 2010 2:07am
Quoting PriceVolume
If it hadn't just broken the trendline, I'd be inclined to say yes.....but now....
atm mine held from last night. if i was scalping this would be my target.
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those who can, do. those who cant, talk about those who can
  • #343,488
  • Dec 10, 2010 2:07am Dec 10, 2010 2:07am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
SL hit, manually moved short position to 1.3250.

Loss of 15 pips, looking to gain 50+.
  • #343,489
  • Dec 10, 2010 2:11am Dec 10, 2010 2:11am
Hey mates,
very curious what is going to happen. As I am not good in taking highs or lows I don't do that but know I am in short from 3270, SL 3290 (at BE already). Will see about TP later. 3182 daily S1 could work, or even 3144 S2 (and 61,8 Fibbo), in my charts.

PS:
2 egkid: sorry bro but I still did not find any Czech girl interested in settling in egypt ....so far

Good luck all (actually it's not a lottery)
Follow my trading on Twitter and FB: @pumlitch
  • #343,490
  • Dec 10, 2010 2:11am Dec 10, 2010 2:11am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting samdani786
Hi egkid . was-up . was up ? . Sorry i am from miami
What part of Miami?
  • #343,491
  • Dec 10, 2010 2:14am Dec 10, 2010 2:14am
Quoting apt
Guess no one really cares about the French in Germany.

Let's see what London has to say about it.
They already said they don't like the data and pessimistic over euro by selling euro.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #343,492
  • Dec 10, 2010 2:15am Dec 10, 2010 2:15am
Quoting samdani786
Hi egkid . was-up . was up ? . Sorry i am from miami
Miami That nice
Happy new day ++ to U
Plan the same just Watch Smaller TF for new entry
  • #343,493
  • Dec 10, 2010 2:15am Dec 10, 2010 2:15am
Morning London.
Its moderate bear.
Chart go down ward before it touches 50.0 fibo line.
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  • #343,494
  • Dec 10, 2010 2:16am Dec 10, 2010 2:16am
This market is ranging (it's going 3 o'clock). Onl;y weay to trade this is sell H, buy L. Because it's Decembre I don't think it's going anywhere. I'll leave it until January unless I can see good settings to scalp.
All the best

B.
  • #343,495
  • Dec 10, 2010 2:17am Dec 10, 2010 2:17am
Quoting apt
SL hit, manually moved short position to 1.3250.

Loss of 15 pips, looking to gain 50+.
IMO. You should be careful with London open. So far London repeat sell from yesterday the only difference in my books is that is Friday and is very close to weekly longs area (to close the week +/-flat) so a typical bear trap has stronger odds than a continuation until that strong intraday S @ 132.1x holds (it has failed to properly break it 5 times this week and is definitively getting late).

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #343,496
  • Dec 10, 2010 2:19am Dec 10, 2010 2:19am
I am short tp 1.3200
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  • #343,497
  • Dec 10, 2010 2:20am Dec 10, 2010 2:20am
Quoting sisse
IMO. You should be careful with London open. So far London repeat sell from yesterday the only difference in my books is that is Friday and is very close to weekly longs area (to close the week +/-flat) so a typical bear trap has stronger odds than a continuation until that strong intraday S @ 132.1x holds (it has failed to properly break it 5 times this week and is definitively getting late).

sisse
Indeed, depending on today's close the weekly candle can be pretty bad for short.
COT: The precious data ignored
  • #343,498
  • Dec 10, 2010 2:20am Dec 10, 2010 2:20am
Quoting apt
SL hit, manually moved short position to 1.3250.

Loss of 15 pips, looking to gain 50+.
You gotta whole night buddy. I am sure you will make it up
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,499
  • Dec 10, 2010 2:22am Dec 10, 2010 2:22am
Seems like some strong downward pressure for the next one hour on this pair.
  • #343,500
  • Dec 10, 2010 2:23am Dec 10, 2010 2:23am
Quoting egkid
Miami That nice
Happy new day ++ to U
Plan the same just Watch Smaller TF for new entry
Got it . GL .
The finest tool in the world still needs a MAN who KNOWS how to use it.
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