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EURUSD

  • #349,021
  • Dec 20, 2010 7:39am Dec 20, 2010 7:39am
Daily chart for anyone who cares ^^:

Attached Image (click to enlarge)
Click to Enlarge Name: daily.png Size: 51 KB
  • #349,022
  • Dec 20, 2010 7:40am Dec 20, 2010 7:40am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
http://i53.tinypic.com/sqo0gh.png

I want to go to sleep, can anyone here predict the future so I can set an accurate TP.
  • #349,023
  • Dec 20, 2010 7:41am Dec 20, 2010 7:41am
Quoting T.E.Lawrence
Daily chart for anyone who cares ^^:

Attachment
1.25 we 'r coming
consistency wins
  • #349,024
  • Dec 20, 2010 7:42am Dec 20, 2010 7:42am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting fx|green
This consolidation @ 53 is what we need to challenge 80. A real shot at 1.32+ is there now, much clearer. You guys see it or are you still on the bear flag theme ?
I'm thinking about letting my broker slowly liquidate my account.
  • #349,025
  • Dec 20, 2010 7:43am Dec 20, 2010 7:43am
How about asking mr green for the prediction? .. jokes aside.. my tp is at 1.3180 in case 1.3183 doesn't make it and falls back down .. and my stop loss is at 1.314 in which case i bought at 1.316 long +- 200 reasonable r:r ..
There is no royal road to anything.
  • #349,026
  • Dec 20, 2010 7:44am Dec 20, 2010 7:44am
Quoting apt
http://i53.tinypic.com/sqo0gh.png

I want to go to sleep, can anyone here predict the future so I can set an accurate TP.
bag 50 pips and go to sleep
  • #349,027
  • Dec 20, 2010 7:44am Dec 20, 2010 7:44am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Leinadgnow
How about asking mr green for the prediction? .. jokes aside.. my tp is at 1.3180 in case 1.3183 doesn't make it and falls back down .. and my stop loss is at 1.314 in which case i bought at 1.316 long +- 200 reasonable r:r ..
Thank you, I think I will just set 1.3180 TP and settle for minimal pip gains with SL @ BE.

Just don't steal my money.
  • #349,028
  • Dec 20, 2010 7:45am Dec 20, 2010 7:45am
Quoting apt
http://i53.tinypic.com/sqo0gh.png

I want to go to sleep, can anyone here predict the future so I can set an accurate TP.
yep, christmas will arrive without any action at forex.
have a good night,see you 3rd january
Hero calls followed by margin calls...
  • #349,029
  • Dec 20, 2010 7:45am Dec 20, 2010 7:45am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Pipwanderer
bag 50 pips and go to sleep
But the greed within my amateur trader veins wants more pips.
  • #349,030
  • Dec 20, 2010 7:46am Dec 20, 2010 7:46am
Quoting Leinadgnow
How about asking mr green for the prediction? .. jokes aside.. my tp is at 1.3180 in case 1.3183 doesn't make it and falls back down .. and my stop loss is at 1.314 in which case i bought at 1.316 long +- 200 reasonable r:r ..
I see the EURUSD dropping 40 pips down from current rate.
Perfect Trading Core completed on 13/10/2012 : 2002-2012 |10yrs
  • #349,031
  • Dec 20, 2010 7:46am Dec 20, 2010 7:46am
gold is going a little up, audusd is going up....eur usd do not move...for me just because eurchf is going down and keep eur usd stable there
  • #349,032
  • Dec 20, 2010 7:46am Dec 20, 2010 7:46am
Quoting Pipwanderer
very bear flag 23 0 fib a clear confirmation will do it
fib placement depends on tf.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bear7.PNG Size: 39 KB
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those who can, do. those who cant, talk about those who can
  • #349,033
  • Dec 20, 2010 7:48am Dec 20, 2010 7:48am
1.3180 is where the action begins. Why not break apart your trade and take a portion out @ 80 and let some ride or trail it with 35 pips or something.

The action is going to start when we break there. If we reverse, then fine, but I doubt we make such a base and then just go there for a small peek over that area.

We breaking hard. 1.32+ and in my opinion we head on over to 1.34 later this week.


But you gotta trade your own setups and manage your risk relative to your own situation.


My trading is very aggressive, in thin volume if it doesnt go up, ill buy till it goes up. I have enough to warrant that strategy. In this case however I am not doing that. I have been accumulating for some time now and let see it play out.
  • #349,034
  • Dec 20, 2010 7:50am Dec 20, 2010 7:50am
Quoting fx|green
1.3180 is where the action begins. Why not break apart your trade and take a portion out @ 80 and let some ride or trail it with 35 pips or something.

The action is going to start when we break there. If we reverse, then fine, but I doubt we make such a base and then just go there for a small peek over that area.

We breaking hard. 1.32+ and in my opinion we head on over to 1.34 later this week.


But you gotta trade your own setups and manage your risk relative to your own situation.


My trading is very aggressive, in thin volume if it...
  • #349,035
  • Dec 20, 2010 7:50am Dec 20, 2010 7:50am
Quoting iflyjetzzz
http://www.businessandleadership.com...rt-bomb-scare/

I missed that. How many and which news sources do you monitor at one time? I'm debating on what/how to set up my home office.
Thanks in advance.
We cannot recommend commercial services here as Twee reminds us by violation notices.

I can tell you by PM which services I use. I only use one that is instant above all others.

What happened this morning is the best example that I can share here why most posters on this forum lose trading forex.

Once I saw what caused the quick sell off since I saw the news as it was released at 7:55 AM and saw the IMMEDIATE reaction. EUR/USD went from 1.3170 to 1.3135 in seconds.

When I understood why I had an edge on all that did not. Just look at the posts on this thread after the drop. The only post that had even a reasonable explanation was concerning ABN selling. That poster by the way seems to have his own agenda since he did not answer my question or care. I am only trading short and I might have gone long knowing what I knew but I always trade with the trend that I determine in advance.

There is a chance that EUR/USD could go over 1.3200 but not unless the Dow goes up today by at least 100 points. I can change my views if things change.

Gold is strong and money is flowing there and US Bonds are being sold. The money is flowing elsewhere now.

As USD/JPY gets stronger it affects EUR/JPY which in turn affects EUR/USD as there is a correlation. No major news out today except that North Korea said it will not fire missles for the moment.

Have a good day.
  • #349,036
  • Dec 20, 2010 7:51am Dec 20, 2010 7:51am
Quoting gatorinla
fib placement depends on tf.
h4,
  • #349,037
  • Dec 20, 2010 7:53am Dec 20, 2010 7:53am
scalper paradise the whole flag. that's why many scalpers are trading instead of posting.
those who can, do. those who cant, talk about those who can
  • #349,038
  • Dec 20, 2010 7:54am Dec 20, 2010 7:54am
Quoting apt
But the greed within my amateur trader veins wants more pips.
you mean you cant bag 50 pips 50 pips is not greed man ... if daily range for example is 170 -50 =120 pips left behind
  • #349,039
  • Edited 8:10am Dec 20, 2010 7:54am | Edited 8:10am
less 7 min left for H1 candle close to see below or above close 3162. at least some indication .
fontu
failed close , oh , next may try . m30,15 will do if close over 3165 any time soon .bear come only close below 3132.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #349,040
  • Dec 20, 2010 7:56am Dec 20, 2010 7:56am
Bored.

Might go long on EUR/CHF for a thrill
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