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EURUSD

  • #354,661
  • Dec 30, 2010 7:40am Dec 30, 2010 7:40am
GBP/USD a bullish momentum is being built - lets see what happens.

Long USD/CHF at 0.9390 calculating exit
  • #354,662
  • Dec 30, 2010 7:41am Dec 30, 2010 7:41am
Quoting PayTheLimit
whats the question?
will price fall from 3275 or open and close above, waiting to see...
"Your Best trade is a loss with minimum risk"
  • #354,663
  • Dec 30, 2010 7:41am Dec 30, 2010 7:41am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting gh0stjpy
why is nothing happening???
Like someone said earlier, the news usually promotes inertia to the direction in markets with heavy volume.

Direction is up, news is down. News had a minimal effect.

I'd say if we were heading down and we were around 1.31, that news would brought us to 1.29 which is where most of us had been dying to go all week.
  • #354,664
  • Edited 7:45am Dec 30, 2010 7:44am | Edited 7:45am
GBP/USD downward sloping trendline is acting as resistance to try and contain the bullish momentum, lets see what happens

EUR/USD bears and bulls still fighting

USD/CHF is on it way up , still calculating exit - will advise
  • #354,665
  • Dec 30, 2010 7:46am Dec 30, 2010 7:46am
hmm maybe short to 1.3240 then buy
  • #354,666
  • Dec 30, 2010 7:46am Dec 30, 2010 7:46am
Quoting Fr3ed0x
Sorry about my question i know here is not the place to ask it .


Can you tell me more about mbtrading couse im thinking to open account there how is it what are the bad things he have and good too give me more infomration please.
Hello buddy ,
Not a lot I can say really I am very happy with there service .
They just do what they say and execute your orders , I have had no problems at all .
From what i understand you see the liquidity providers prices on the market depth time and sales .your orders are shown to the market while intraday you trade with mbtrading and there clients and they settle the bulk orders with there liquidity providers at the close of trading.
Unlike a lot of brokers your account is treated the same whether you trade micro lots or full size lots.
They are not the cheapest and thats cool because from what i read the cheap ones work out expensive with all the slippage and such that they seem to do .
I'am very happy .
there is an mbtrading thread on ff .
making green pips large and red pips small this is my goal.
  • #354,667
  • Dec 30, 2010 7:48am Dec 30, 2010 7:48am
Quoting Hda
GBP/USD a bullish momentum is being built - lets see what happens.

Long USD/CHF at 0.9390 calculating exit

GBP/USD Its going down ...
  • #354,668
  • Dec 30, 2010 7:48am Dec 30, 2010 7:48am
Quoting gh0stjpy
why is nothing happening???
yes , happening bull halt till all other news & got any weakness there . it is now bull to move as started in advance & nothing happening in bullying now after the news shock .if stop or fail bear always there to take action obligatory.

daily price meet the ma & tl too .

fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #354,669
  • Dec 30, 2010 7:50am Dec 30, 2010 7:50am
Ok previous forcast is blarg now I've got some data for the day I can better pinpoint ware I think we are and if I've got it right now, it shows pull back to 3230/55 next hour and 3pm start heading north ending at 3395 at 5pm.
Founder of Sutherland Wave Principle
  • #354,670
  • Dec 30, 2010 7:52am Dec 30, 2010 7:52am
HS target around 3415 as long as the TL holds. May test the TL then back up.
Are people still shorting??????? I dont know..maybe news will present a short for bears but I dont see a short yet. 1 hour close above 3275 opens the door for 3350ish
Attached Image (click to enlarge)
Click to Enlarge Name: EU.gif Size: 20 KB
  • #354,671
  • Dec 30, 2010 7:54am Dec 30, 2010 7:54am
Quoting PipChick
HS target around 3415 as long as the TL holds. May test the TL then back up.
Are people still shorting???????
Yes. positions are already mentioned in previous post. No deletions this way!
All that is left in FF is just plain garbage. "Cloggie"
  • #354,672
  • Dec 30, 2010 7:56am Dec 30, 2010 7:56am
Tempted to get long again...
Look Sharp/Trade Tight
  • #354,673
  • Dec 30, 2010 7:56am Dec 30, 2010 7:56am
Quoting tonyo524
Yes. positions are already mentioned in previous post. No deletions this way!
I didnt even know people could delete posts until just a while back when I went looking for a specif post that was a few pages back and it was GONE. LOLOL
  • #354,674
  • Dec 30, 2010 7:57am Dec 30, 2010 7:57am
Quoting PipChick
HS target around 3415 as long as the TL holds. May test the TL then back up.
Are people still shorting??????? I dont know..maybe news will present a short for bears but I dont see a short yet. 1 hour close above 3275 opens the door for 3350ish
I am SHORTING already...good news from US...EU should be heading down because eurozone still not doing good...that's what I think now
  • #354,675
  • Dec 30, 2010 7:57am Dec 30, 2010 7:57am
Long 3275, sl 3260, tp 3305
Look Sharp/Trade Tight
  • #354,676
  • Dec 30, 2010 7:58am Dec 30, 2010 7:58am
Be Right Back

Have some errands to take care of.

Im still short EUR/USD and long USD/CHF stop loss set 1pip infront of entry for a 1 pip gain should the trade not work out.

GBP/USD flat - out of trade.

Away from PC now

Lets see what happens
  • #354,677
  • Dec 30, 2010 8:00am Dec 30, 2010 8:00am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PipChick
HS target around 3415 as long as the TL holds. May test the TL then back up.
Are people still shorting??????? I dont know..maybe news will present a short for bears but I dont see a short yet. 1 hour close above 3275 opens the door for 3350ish
Unless North Korea nukes South Korea today, no one should be short just yet.

If we break 1.33 I don't see 1.328 posing a strong resistance.

1.34 could be in sights today.
  • #354,678
  • Dec 30, 2010 8:00am Dec 30, 2010 8:00am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting orangeRANGE
I am SHORTING already...good news from US...EU should be heading down because eurozone still not doing good...that's what I think now
no man... news is null.

Momentum is up.
  • #354,679
  • Dec 30, 2010 8:01am Dec 30, 2010 8:01am
nice hourly close above 3274..
Look Sharp/Trade Tight
  • #354,680
  • Dec 30, 2010 8:01am Dec 30, 2010 8:01am
REPEAT AFTER ME:

I will NEVER- EVER-NEVER-NEVER- EVER fade the STRONG TREND !!

[Jamie from Forexlive]
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