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EURUSD

  • #377,221
  • Feb 1, 2011 9:43am Feb 1, 2011 9:43am
well last short for today.. done at 3776.. sl 24 pips.. target 3711..
  • #377,222
  • Feb 1, 2011 9:43am Feb 1, 2011 9:43am
Please very briefly someone explain this to me:
USD is currency haven where people go whenever the risk is ON and so they buy the dollar which sends the EURUSD down

I just want to make sure if I'm right or not, this is very basic but I still get lost. Thanks so much...
  • #377,223
  • Feb 1, 2011 9:44am Feb 1, 2011 9:44am
This will be an exciting 15min!
  • #377,224
  • Feb 1, 2011 9:45am Feb 1, 2011 9:45am
Quoting brtnspain
Please very briefly someone explain this to me:
USD is currency haven where people go whenever the risk is ON and so they buy the dollar which sends the EURUSD down

I just want to make sure if I'm right or not, this is very basic but I still get lost. Thanks so much...
Other way round...Risk on, EU goes up and dollar goes down.
  • #377,225
  • Feb 1, 2011 9:45am Feb 1, 2011 9:45am
Quoting brtnspain
Please very briefly someone explain this to me:
USD is currency haven where people go whenever the risk is OFF and so they buy the dollar which sends the EURUSD down

I just want to make sure if I'm right or not, this is very basic but I still get lost. Thanks so much...
  • #377,226
  • Feb 1, 2011 9:46am Feb 1, 2011 9:46am
Quoting PayTheLimit
for me 3728/29 is still key, .... I'm off...

for 13mins.....
Look Sharp/Trade Tight
  • #377,227
  • Feb 1, 2011 9:47am Feb 1, 2011 9:47am
20 pip each way from where we started so far...
  • #377,228
  • Feb 1, 2011 9:47am Feb 1, 2011 9:47am
Ah, you edited your post...!
  • #377,229
  • Feb 1, 2011 9:47am Feb 1, 2011 9:47am
Looks like EU is trapped for some more time.
  • #377,230
  • Feb 1, 2011 9:48am Feb 1, 2011 9:48am
considering atr we may not see further big moves today....

hmmm
Hero calls followed by margin calls...
  • #377,231
  • Feb 1, 2011 9:48am Feb 1, 2011 9:48am
Quoting fr600
Looks like EU is trapped for some more time.
Sometimes They spike it in the last minuttes before hour close. So I would be waiting 12more minute before I come to that conclusion
  • #377,232
  • Feb 1, 2011 9:49am Feb 1, 2011 9:49am
Quoting Sunsi
to clarify, if the market is risky people BUY USD = EUR/USD goes down
market safe people buy equities and other "higher risk - higher gain" tools = EUR/USD up.

credit to cloggie: for making it clear to all of us here
  • #377,233
  • Feb 1, 2011 9:50am Feb 1, 2011 9:50am
Quoting Shah22
well last short for today.. done at 3776.. sl 24 pips.. target 3711..
You sure are a trooper.

I've been buying a few dollars here and there lately, not on EUR/U, and each time, the market has handed me my a$$ on a platter.

Eventually it'll become unprofitable for the big guys to continue selling dollars.
  • #377,234
  • Feb 1, 2011 9:51am Feb 1, 2011 9:51am
Quoting Sunsi
Sometimes They spike it in the last minuttes before hour close. So I would be waiting 12more minute before I come to that conclusion
Right, it was too soon to speak. I was predicting it might hold.
  • #377,235
  • Feb 1, 2011 9:52am Feb 1, 2011 9:52am
Quoting lev1987
to clarify, if the market is risky people BUY USD = EUR/USD goes down
market safe people buy equities and other "higher risk - higher gain" tools = EUR/USD up.

credit to cloggie: for making it clear to all of us here
damn, it's not too hard, is it?
  • #377,236
  • Feb 1, 2011 9:52am Feb 1, 2011 9:52am
Quoting lev1987
to clarify, if the market is risky people BUY USD = EUR/USD goes down
market safe people buy equities and other "higher risk - higher gain" tools = EUR/USD up.

credit to cloggie: for making it clear to all of us here
the opposite

Ups i misread or did u change ur state?? hmm whatever...
  • #377,237
  • Feb 1, 2011 9:52am Feb 1, 2011 9:52am
Quoting Sunsi
Sometimes They spike it in the last minuttes before hour close. So I would be waiting 12more minute before I come to that conclusion
Looks like that movement is in play. Let`s see if it holds
  • #377,238
  • Feb 1, 2011 9:53am Feb 1, 2011 9:53am
boom
Hero calls followed by margin calls...
  • #377,239
  • Feb 1, 2011 9:55am Feb 1, 2011 9:55am
hourly close in 5 min, nice timing.....lol.
Hero calls followed by margin calls...
  • #377,240
  • Feb 1, 2011 9:55am Feb 1, 2011 9:55am
Move above 1.3770.
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