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EURUSD

  • #350,261
  • Edited 8:17am Dec 22, 2010 5:24am | Edited 8:17am
Stay Safe.... Be Happy....
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  • #350,262
  • Dec 22, 2010 5:30am Dec 22, 2010 5:30am
Quoting timotei
I think we''l finish the day around 3050.

Congrats to those that got in around 170 0r above
You think so? But why?
  • #350,263
  • Dec 22, 2010 5:34am Dec 22, 2010 5:34am
Quoting Pipwanderer
short 3177 sl 3200 target 3049

good luck

short 3177 sl 3166 target waiting for number from news

good luck
  • #350,264
  • Dec 22, 2010 5:42am Dec 22, 2010 5:42am
To find the right entry is not so diffukult as to find the right exit...
If you now the Way out -- please tell me
  • #350,265
  • Dec 22, 2010 5:42am Dec 22, 2010 5:42am
i'm at the sideline, waiting for the major usd news... ((( but have bad expectations, just a gut feelin )))
Old Habits Die Hard.
  • #350,266
  • Dec 22, 2010 5:44am Dec 22, 2010 5:44am
Another fall remains in favor in EUR/USD with 1.3358 resistance intact. Break of 1.2969 will confirm resumption of whole decline from 1.4281 and target 1.2643 support next. On the upside, break of 1.3358 minor resistance that rebound from 1.2969 is not finished yet and is still in progress for another high above 1.3496.

Intra-day trading strategy:

1- Buy near 1.3074 stop 1.3050 targets 1.3160 and 1.3195

2- Sell near 1.3160 stop 1.3210 targets 1.3080 and 1.2970
Attached Image
  • #350,267
  • Dec 22, 2010 5:45am Dec 22, 2010 5:45am
Quoting dploycapital
Another fall remains in favor in EUR/USD with 1.3358 resistance intact. Break of 1.2969 will confirm resumption of whole decline from 1.4281 and target 1.2643 support next. On the upside, break of 1.3358 minor resistance that rebound from 1.2969 is not finished yet and is still in progress for another high above 1.3496.

Intra-day trading strategy:

1- Buy near 1.3074 stop 1.3050 targets 1.3160 and 1.3195

2- Sell near 1.3160 stop 1.3210 targets 1.3080 and 1.2970
this picture seems to be to big for christmas volatility : /
Hero calls followed by margin calls...
  • #350,268
  • Dec 22, 2010 5:53am Dec 22, 2010 5:53am
Quoting Forexpro30
Time to set the benchmarks for the day. We start from here and watch the various assets classes move around while also watching the charts as they change and also lead to cause and effect in low liquidity market before the holidays.

You can see from the spike on the rumor about Portugal the market went ballastic.

That can happen at this time of the year.

If and when the rumor is thought about and if it proves false or new news comes out those trades up will be history.

If EUR/USD breaks 1.3200 on steady buying time to look more carefully...
Thankyou forepro for your post .
Can i add I missed the second option expiry at 1.3150 and it looks like its been defended from above last time i noticed 2 expiries in same pair the "00" was the one that was strongest.
making green pips large and red pips small this is my goal.
  • #350,269
  • Dec 22, 2010 5:54am Dec 22, 2010 5:54am
I went out.. Did expect a little more action till this hour close...

Ill wait for a breakout.
  • #350,270
  • Dec 22, 2010 5:54am Dec 22, 2010 5:54am
The daily range is about 120 pips if 80 is the top that gives me target of 3060
making green pips large and red pips small this is my goal.
  • #350,271
  • Dec 22, 2010 6:02am Dec 22, 2010 6:02am
Quoting One.Trade
To find the right entry is not so diffukult as to find the right exit...
imo entries are much more difficult the real problem is finding good entry with low risk high probability.+ money management and once you get in and in profit, thats all that matters and take charge of trend

good luck
  • #350,272
  • Dec 22, 2010 6:15am Dec 22, 2010 6:15am
Quoting Pipwanderer
imo entries are much more difficult the real problem is finding good entry with low risk high probability.+ money management and once you get in and in profit, thats all that matters and take charge of trend

good luck
I'am not sure how post charts on sierra charts ,I have gone back to use them as they have been the best charting i have tried.

but the highs 13200,13190,13180 today and the two major lows give me a downtrend at moment

The move today from 3180 we currently have not even had much of a retrace on still bearish .
if anyone know how ppost image from sierra let me know please.
making green pips large and red pips small this is my goal.
  • #350,273
  • Dec 22, 2010 6:21am Dec 22, 2010 6:21am
GO i pray go
If you now the Way out -- please tell me
  • #350,274
  • Dec 22, 2010 6:33am Dec 22, 2010 6:33am
I think I like this
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  • #350,275
  • Edited 6:49am Dec 22, 2010 6:36am | Edited 6:49am
Hi all,

Eyes on GBPUSD 5450 ...
breakout level ....

as always:
above -> long
below-> short

I opted for the long
The best thing that can happen to you is to find out where you're wrong.
  • #350,276
  • Dec 22, 2010 6:37am Dec 22, 2010 6:37am
I am long @ 1.3084
  • #350,277
  • Edited 6:56am Dec 22, 2010 6:39am | Edited 6:56am
Price still there , expected 3113-03 before up further but not yet , short still there I see. anyway may not take shape of a dimond like swing in this indecision area .logic still seems heavy for down & may be more than immediate up .
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #350,278
  • Dec 22, 2010 6:42am Dec 22, 2010 6:42am
i attach 3h chart where i see every up follows straight down.
Attached Image

Ps to attach charts use attachements button when posting.
  • #350,279
  • Dec 22, 2010 6:49am Dec 22, 2010 6:49am
Quoting Driver55
Hi all,

Eyes on GBPUSD 5450 ...
breakout level ....

as always:
above -> long
under -> short

I opted for the long
Didnt pay attention on cable, but as I see it now, there is a good possibility for a breakout above 5450.

Im long on EU thou.
  • #350,280
  • Dec 22, 2010 7:00am Dec 22, 2010 7:00am
Quoting T@rantula
Didnt pay attention on cable, but as I see it now, there is a good possibility for a breakout above 5450.

Im long on EU thou.
yeah , seen before though not traded , breakout should at lower level 1.5299 & good down already in hand, now shorted small.
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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