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EURUSD

  • #409,501
  • Mar 18, 2011 6:15am Mar 18, 2011 6:15am
Quoting BrunargarFx
Well done, i chickened out and closed earlier.

Will be considering shorts from now on
A good opportunity for shorts was between 4050-4060 level. If 4041 was broken 4010 would come into play and this move would be postponed.

Now..lets wait.
  • #409,502
  • Mar 18, 2011 6:17am Mar 18, 2011 6:17am
hi to low range is starting to get stretched, currently @ 156... (based on GMT +1hr)
  • #409,503
  • Mar 18, 2011 6:17am Mar 18, 2011 6:17am
Quoting T@rantula
Shorts now? LOL
No mate. Although common sense dictate profit taking on weekly I am not a gambler. In my books only a gambling entry can give you a trade in these levels and in my books TA is only pointing at you missed the train, look somewhere else.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #409,504
  • Mar 18, 2011 6:17am Mar 18, 2011 6:17am
Quoting T@rantula
Shorts now? LOL
Hey T. I've been reading your posts and thanks for the live trades & the help/advice you provide here.

Question: You have repeatedly stressed that noon London on a Friday is the start of the closing positions. In this respect, would you enter a short position, in the next hour or so, expecting the price to go down due to profit taking of the longs?

Thanks for your reply.
  • #409,505
  • Mar 18, 2011 6:19am Mar 18, 2011 6:19am
Didnt expect a so easy break of round number, closed my long there thinking of buying a small dip on 5min but there was none.

Will close the week with 50pips in negative

Wondering where this will go? Looks almost like the dollar is doomed...

I personally dont see any clear resistance for today, only round numbers 4150 and 4200.

100% fib extension at 3144 thats all i have.
  • #409,506
  • Mar 18, 2011 6:19am Mar 18, 2011 6:19am
4150→4100→4200→4185→4250.... good luck .
A chart helps those who can read it.
  • #409,507
  • Mar 18, 2011 6:20am Mar 18, 2011 6:20am
Quoting sisse
No mate. Although common sense dictate profit taking on weekly I am not a gambler. In my books only a gambling entry can give you a trade in these levels and in my books TA is only pointing at you missed the train, look somewhere else.

sisse
exactly mate
  • #409,508
  • Mar 18, 2011 6:23am Mar 18, 2011 6:23am
Quoting sisse
No mate. Although common sense dictate profit taking on weekly I am not a gambler. In my books only a gambling entry can give you a trade in these levels and in my books TA is only pointing at you missed the train, look somewhere else.

sisse
very eloquent sisse. thanks for the reply.
although i closed my longs at 4130 (from 4086), I was looking for a second opinion regarding profit taking on Friday.
  • #409,509
  • Mar 18, 2011 6:24am Mar 18, 2011 6:24am
Quoting sisse
No mate. Although common sense dictate profit taking on weekly I am not a gambler. In my books only a gambling entry can give you a trade in these levels and in my books TA is only pointing at you missed the train, look somewhere else.

sisse
or, you could just get a blue chart..., and all your problems would be solved...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 10 KB
Look Sharp/Trade Tight
  • #409,510
  • Mar 18, 2011 6:25am Mar 18, 2011 6:25am
price stops right at the atr projection up @ 4134. Let us see what happens here. We are after still in this wide range supply zone now. Any harami in m15 / m30 I will consider shorting
  • #409,511
  • Mar 18, 2011 6:26am Mar 18, 2011 6:26am
Quoting kill56
dont u love it i dont care where it gos we might see 4250 still trading the levels
Yes min Jong ... I love it too ...

First stage of an Elliott TGT reached now ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #409,512
  • Mar 18, 2011 6:26am Mar 18, 2011 6:26am
http://www.bloomberg.com/news/2011-0...next-week.html

is it a good news for EURO?
A chart helps those who can read it.
  • #409,513
  • Mar 18, 2011 6:27am Mar 18, 2011 6:27am
Quoting sisse
No mate. Although common sense dictate profit taking on weekly I am not a gambler. In my books only a gambling entry can give you a trade in these levels and in my books TA is only pointing at you missed the train, look somewhere else.

sisse
it depends on the fixing, sisse. sl above the tl, but I know that farmhand doesn't see it

btw, that tl comes in at around 42ish.
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  • #409,514
  • Mar 18, 2011 6:27am Mar 18, 2011 6:27am
Quoting sisse
No mate. Although common sense dictate profit taking on weekly I am not a gambler. In my books only a gambling entry can give you a trade in these levels and in my books TA is only pointing at you missed the train, look somewhere else.

sisse
Indeed. Great advice. I am a little bit of a gambler but I haven't got the stomach for it. Good luck all!
Nothing worth having is easy.
  • #409,515
  • Mar 18, 2011 6:27am Mar 18, 2011 6:27am
Quoting FibbinArchie
hi to low range is starting to get stretched, currently @ 156... (based on GMT +1hr)
no momentum coming down off the high, price is saying it wants to go higher...

we'll see if it does and by how far, ny still to come in and take intraday positions....
  • #409,516
  • Mar 18, 2011 6:28am Mar 18, 2011 6:28am
Quoting PayTheLimit
or, you could just get a blue chart..., and all your problems would be solved...

lol...... lol

how is it going today mate. Playing blue for US open?

Best of luck today

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #409,517
  • Mar 18, 2011 6:28am Mar 18, 2011 6:28am
i think we are goto 1,4684 level then drop will come.

Vjkk
Attached Image (click to enlarge)
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  • #409,518
  • Mar 18, 2011 6:29am Mar 18, 2011 6:29am
lol...
Look Sharp/Trade Tight
  • #409,519
  • Mar 18, 2011 6:31am Mar 18, 2011 6:31am
Quoting PayTheLimit
lol...
  • #409,520
  • Mar 18, 2011 6:31am Mar 18, 2011 6:31am
I would be surprised if we reached 1.42 on a friday but hey.. we're only in the morning...

I'm flat atm anyway, I was not planning to short straight away Just looking at how things are moving but thanks for the heads up, your posts are always useful.



Quoting T@rantula
A good opportunity for shorts was between 4050-4060 level. If 4041 was broken 4010 would come into play and this move would be postponed.

Now..lets wait.
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