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EURUSD

  • #411,541
  • Mar 22, 2011 11:37am Mar 22, 2011 11:37am
Quoting Forexia
EXACTLY! So why am I seeing USD/CAD going UP when it should be going DOWN because the oil's been rising all day??

And what's with EU? We are supposed to be a rally. This is it?? Pathetic!
it was due to CAD fundamental news that caused a short rise in usd/cad..on eu, it has to break 1.4217 in order to head further up to 1.4248 then if it breaks that level, we'll c 1.4280...
  • #411,542
  • Mar 22, 2011 11:39am Mar 22, 2011 11:39am
Quoting Patience
E/U finds it a little hard to rally when equity markets are down. Just my opinion of course - lol! I'm sure someone somewhere will disagree. I'm not up with the latest correlations.
it just loves that pivot. hugging it....
  • #411,543
  • Mar 22, 2011 11:40am Mar 22, 2011 11:40am
Quoting Magix
I cannot speak for everybody, but given your track record on posting here Rat...

I would personally rather hear gunshots coming from my kids rooms then have to sit through your trading tips...
So your a tipster. Thought as much roping green traders into your little web, log onto my site and pay 100$ month for Magics dud tips.

"Blow your account in a week over here"

"The trend is your friend" LOL
"don't over leverage" LOL

"IS this the Holy Grail?

Cripes No"


Thats rite deffo not the holy shit more like
rat
  • #411,544
  • Mar 22, 2011 11:40am Mar 22, 2011 11:40am
Quoting drumdude
I see it hitting that today or tomorrow....I would sit tight and make sure your R:R is good.

If you want my charts just look back through the thread or go to my blog at the bottom.
will reach there if 1.4181 support is broken...
  • #411,545
  • Mar 22, 2011 11:43am Mar 22, 2011 11:43am
boring range between open and pivot... blah
  • #411,546
  • Mar 22, 2011 11:44am Mar 22, 2011 11:44am
Quoting attila
it just loves that pivot. hugging it....
Well I usually ninja (scalp) on A/J all day long. It's dead in the water at the moment as well. Multi-tasking - cooking and trying to ninja. Unless we get a last minute rally in the equity markets, doesn't look too good for much upside.
Nothing worth having is easy.
  • #411,547
  • Mar 22, 2011 11:47am Mar 22, 2011 11:47am
We've had quite a bullish run for the eur, but could this be the turning point of this trend? or could we be heading for a even stronger bull trend? My sentiment lies with the usd getting stronger at this point, how strong is the question.. so it will need monitoring.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu long.gif Size: 30 KB
Click to Enlarge Name: eu close.gif Size: 24 KB
  • #411,548
  • Mar 22, 2011 11:47am Mar 22, 2011 11:47am
Current setup reminds me of February 2nd ... on 4h graph there was an exhausting climb to 1.385 (now 1.425), then slight slip to 1.38 (now to 1.42), then a narrow channel lasting 1 day at that price, and then fall to 1.363 (now 1.403? - tomorrow in 2nd part of day?). Let's see.
Attached Image (click to enlarge)
Click to Enlarge Name: Setup mar 11.jpg Size: 119 KB
  • #411,549
  • Mar 22, 2011 11:48am Mar 22, 2011 11:48am
aye My names Magic

Pif Paf Poooof and my money is gone.
rat
  • #411,550
  • Mar 22, 2011 11:48am Mar 22, 2011 11:48am
Quoting Patience
Well I usually ninja (scalp) on A/J all day long. It's dead in the water at the moment as well. Multi-tasking - cooking and trying to ninja. Unless we get a last minute rally in the equity markets, doesn't look too good for much upside.
not much down side either. i would be surprised to see 4189-90 today. i guess we'll have to wait for asia to get this going somewhere, anywhere.
  • #411,551
  • Mar 22, 2011 11:54am Mar 22, 2011 11:54am
Quoting Spik
Current setup reminds me of February 2nd ... on 4h graph there was an exhausting climb to 1.385 (now 1.425), then slight slip to 1.38 (now to 1.42), then a narrow channel lasting 1 day at that price, and then fall to 1.363 (now 1.403? - tomorrow in 2nd part of day?). Let's see.Attachment


I think that it will reach 1.428 and after that badaboum down
  • #411,552
  • Mar 22, 2011 11:56am Mar 22, 2011 11:56am
Quoting Tafteer
i trade on a 4 hourly or daily chart and my target short is at 4160 .. wat do you think i should do since im just a newbie in this market?
What was your entry?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #411,553
  • Mar 22, 2011 11:56am Mar 22, 2011 11:56am
Short...


stop above high. Watching green lines for TP
Attached Image (click to enlarge)
Click to Enlarge Name: EU 15.gif Size: 24 KB
  • #411,554
  • Mar 22, 2011 12:02pm Mar 22, 2011 12:02pm
Quoting attila
not much down side either. i would be surprised to see 4189-90 today. i guess we'll have to wait for asia to get this going somewhere, anywhere.
Unless we get a late sell off ....
Nothing worth having is easy.
  • #411,555
  • Mar 22, 2011 12:03pm Mar 22, 2011 12:03pm
Quoting Patience
Unless we get a late sell off ....
Yeah. This market is crap. lol Is the daily range even greater then 50 pips at this point?
  • #411,556
  • Mar 22, 2011 12:07pm Mar 22, 2011 12:07pm
you dont need to trade all day...
do something else when market is dead
  • #411,557
  • Mar 22, 2011 12:07pm Mar 22, 2011 12:07pm
Quoting Venice
Yeah. This market is crap. lol Is the daily range even greater then 50 pips at this point?
70. Last 2 days showing clear signs of exhaustion (= no valid intraday retrace= +370 ticks without a decent breath) crap for swing trading.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #411,558
  • Mar 22, 2011 12:10pm Mar 22, 2011 12:10pm
BEFORE & AFTER



Attached Image(s) (click to enlarge)
Click to Enlarge Name: 142 h4 3- 4- 11.gif Size: 29 KB
Click to Enlarge Name: 148 h4 3-11-11.GIF Size: 31 KB
Click to Enlarge Name: 158 h4 3- 22-11.gif Size: 21 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #411,559
  • Mar 22, 2011 12:11pm Mar 22, 2011 12:11pm
Quoting Venice
Yeah. This market is crap. lol Is the daily range even greater then 50 pips at this point?
I've got it at 69. Excuse the little chart but the S&P is tired as well.

Attached Image


Oooopppsss, just repeating what Sisse just said.
Nothing worth having is easy.
  • #411,560
  • Mar 22, 2011 12:13pm Mar 22, 2011 12:13pm
long taken at 4208 with tight sl.. target 4230
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