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EURUSD

  • #398,461
  • Mar 1, 2011 12:57pm Mar 1, 2011 12:57pm
These ticks are so slow... I'm falling asleep.
  • #398,462
  • Mar 1, 2011 12:59pm Mar 1, 2011 12:59pm
Quoting Chicky
Cannot say. Maybe both before one takes over the other. That is why it is referred to as WTF. The only hideout for me is moving SL to BE and wait, if in green. If in red, tight but logical sl.
Makes sense, I'm thinking a head fake up then a fall to new lows... guess we'll see...
  • #398,463
  • Mar 1, 2011 1:02pm Mar 1, 2011 1:02pm
Anybody else buying this trendline for a move back up?
Twitter: @TrendersGame
  • #398,464
  • Mar 1, 2011 1:03pm Mar 1, 2011 1:03pm
Heres the trendline, anyone buying?
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Twitter: @TrendersGame
  • #398,465
  • Mar 1, 2011 1:03pm Mar 1, 2011 1:03pm
Quoting Chicky
Cannot say. Maybe both before one takes over the other. That is why it is referred to as WTF. The only hideout for me is moving SL to BE and wait, if in green. If in red, tight but logical sl.

ps. we are right at starting gate, all horses stalled and set at 1.3800. Wait for the go.
?

I am a little confused by your logic, you are choosing the time around the close of Euro markets & within 48 hours of the Euro Bank Rate decision.

I think we are range trading for a couple days here. No big spending is going to drive a trend under these circumstances, especially as the 'expected good news' from Europe came as expected.

But I am out of this now so good luck which ever way you want it to go. I am waiting until later on besides a little scalping of course.
  • #398,466
  • Mar 1, 2011 1:05pm Mar 1, 2011 1:05pm
Quoting sisse

sisse
thanks for your thoughts buddy, for me its wait and see to London now, as I refuse to trade NY, just working on scenarios for tomarrow..
Look Sharp/Trade Tight
  • #398,467
  • Mar 1, 2011 1:09pm Mar 1, 2011 1:09pm
Quoting PayTheLimit
thanks for your thoughts buddy, for me its wait and see to London now, as I refuse to trade NY, just working on scenarios for tomarrow..
Why are you refusing to trade NY??
  • #398,468
  • Mar 1, 2011 1:09pm Mar 1, 2011 1:09pm
Quoting PayTheLimit
thanks for your thoughts buddy, for me its wait and see to London now, as I refuse to trade NY, just working on scenarios for tomarrow..
In my case intraday, if this hold around here to the close (I doubt) the easy play is break of lows tomorrow without too much risky and fast ...we'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #398,469
  • Mar 1, 2011 1:09pm Mar 1, 2011 1:09pm
Quoting nawafasad1
very clean chart and it has a lot of info to read it and adapt the info in your trading is the main thing in a traders world . if we dont have a higer level than yesterdays this will give us a swing high lower than 2/2 high which was 1.3861 . this means we ll have a pattern of ab equal cd where d target will be at 1.34. next time we ll talk if the price goes higer than 2/2 where its going . i hope i didnt bore you

Yes the old swing high lower ab pattern cd target 134, I´m sure it will work out for you.

There are some nut jobs on here!
rat
  • #398,470
  • Mar 1, 2011 1:15pm Mar 1, 2011 1:15pm
My short on the Euro ended now +29 pips. Hard win. Nerves frayed but got out at 1.38000 Thought it was quite a volatile day (so far!!).
  • #398,471
  • Mar 1, 2011 1:15pm Mar 1, 2011 1:15pm
No clue where EU is going.
I'm back in UY, at least there I know that I can make money. Like I've said earlier, everything you buy that starts with 81 is a potential winner.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #398,472
  • Mar 1, 2011 1:16pm Mar 1, 2011 1:16pm
Quoting Texas.Rich
?

I am a little confused by your logic, you are choosing the time around the close of Euro markets & within 48 hours of the Euro Bank Rate decision.

I think we are range trading for a couple days here. No big spending is going to drive a trend under these circumstances, especially as the 'expected good news' from Europe came as expected.

But I am out of this now so good luck which ever way you want it to go. I am waiting until later on besides a little scalping of course.
I am looking where price is at open, mid and close of a session. Speculation is before an event. Reaction is after an event. Not all but several stops and orders of both types near a critical price level. Major forces at sideliines with big rolls ready to plunge when time is right. Retail traders at disadvantage when time comes because of the brokker limitations. Countless factors, if I try to consider every factor, bound to go mad and lose.
The Thief of Wall Street
  • #398,473
  • Mar 1, 2011 1:18pm Mar 1, 2011 1:18pm
Quoting KillerWhale
No clue where EU is going.
I'm back in UY, at least there I know that I can make money. Like I've said earlier, everything you buy that starts with 81 is a potential winner.

Shamu

EU is ranging for a while by the looks of it. So its a no trade other than scalps, the trade was Sunday night stroke Monday morning( London Session). LONG.

I wouldnt worry about the AB CD E F G 134 TP zig zag gartley alpha beta bravo 2 zero. at this point in time.
rat
  • #398,474
  • Mar 1, 2011 1:19pm Mar 1, 2011 1:19pm
Quoting Chicky
I am looking where price is at open, mid and close of a session. Speculation is before an event. Reaction is after an event. Not all but several stops and orders of both types near a critical price level. Major forces at sideliines with big rolls ready to plunge when time is right. Retail traders at disadvantage when time comes because of the brokker limitations. Countless factors, if I try to consider every factor, bound to go mad and lose.
patience is a virtue!

I am waiting until there is a clear trend

I look at it as it takes twice the wins to make up for a stupid loss. I am just curious, as anyone else, if the 'next' trend is going to go off of tech's or like last time, the Rate Decisions 'wise words' afterwards.

If they don't mention anything about debt and just pound the inflation issue, it might rally a little bit.

But I think that 'investors' in the Euro have received what they want by having Germany have a 'kicka@@' economy, but it can't get much better so it might be time to start profit taking.
  • #398,475
  • Mar 1, 2011 1:20pm Mar 1, 2011 1:20pm
Quoting pinkiaiii
That chart is $hit to show and say that it has any impact on euro coz them few candles represent like 50pips and well may be a retrace for another deep drop.And after all im in all long on USD/chf,and yet theres zero action on it.
Next time I will post something of your interest ............. probably gay porn.
The Thief of Wall Street
  • #398,476
  • Mar 1, 2011 1:21pm Mar 1, 2011 1:21pm
Quoting KillerWhale
No clue where EU is going.
I'm back in UY, at least there I know that I can make money. Like I've said earlier, everything you buy that starts with 81 is a potential winner.

Shamu

Are you talking about UJ USD JPY ? UY are you referring toUSD V Chinese Yuan?
rat
  • #398,477
  • Mar 1, 2011 1:21pm Mar 1, 2011 1:21pm
Quoting aarontdang
Currently Long @

EUR/USD 1.38039 SL 1.3780
GBP/USD 1.62764 SL 1.6260
lol my trade was the opposite of yours
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Verily, in every difficulties there is relief
  • #398,478
  • Mar 1, 2011 1:23pm Mar 1, 2011 1:23pm
tight day, tight pips. still looking at 3747.2.
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  • #398,479
  • Mar 1, 2011 1:25pm Mar 1, 2011 1:25pm
Quoting rattyo
Yes the old swing high lower ab pattern cd target 134, I´m sure it will work out for you.

There are some nut jobs on here!
rat rat rat nut jobs but it might work and the risk is at 1.386 which is 35 pips from my entry and any one trades to keep in the trade as long as he can . taking partial profits ar adjusting the sloss to lock in profits .
  • #398,480
  • Mar 1, 2011 1:28pm Mar 1, 2011 1:28pm
Oil lifting OFF
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