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EURUSD

  • #435,861
  • May 5, 2011 2:04am May 5, 2011 2:04am
COME ON! Crack this glass ceiling! You know you can do it! You did it yesterday!
  • #435,862
  • Edited 2:10am May 5, 2011 2:08am | Edited 2:10am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
targeting yesterday's high 4920/4940 area from 4871
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The forex market has its own life and takes its own time.
  • #435,863
  • May 5, 2011 2:09am May 5, 2011 2:09am
It will, but it's 50% retracement from the high to the low of yesterday - so an important No. now
Quoting Jazznos
COME ON! Crack this glass ceiling! You know you can do it! You did it yesterday!
  • #435,864
  • May 5, 2011 2:09am May 5, 2011 2:09am
Quoting PayTheLimit
As per usual it will be about the wording. Two more hikes are expected by year end, guess its just a matter of when. Most likely will be vague comments, the norm. Have you been trading anything else?
Not really except the usual ES and Fesx intraday trades, rather calm last few weeks and I was on holiday most of the time....

Agree on today conference. Interesting to see gold reaction on this pullback to 1500. Dollar keep getting hammered across the board, and DX seems to be finding support at these levels but will only be confirmed with ECB and NFP....I expect a lot more action in the few weeks before the summer starts.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #435,865
  • May 5, 2011 2:09am May 5, 2011 2:09am
...i see 4890(thats entry for a short...but on the way down from abt 910)..then down to 4850(or 4848)...and back up to 920...but the evening news is meant to be intersting...i favour bear in the NY...

PS:..if it doesnt get up there...i'll just watch my old 850 and wait for a long (small scalp)...

Good pipping...
Guard your pips jelously
  • #435,866
  • May 5, 2011 2:13am May 5, 2011 2:13am
short @4880, last weeks high...
Money is made by sitting, not trading. Jesse L. Livermore
  • #435,867
  • May 5, 2011 2:13am May 5, 2011 2:13am
Quoting sisse
I expect a lot more action in the few weeks before the summer starts.

sisse

hope your right brother...good luck today, talk later...PTL
Look Sharp/Trade Tight
  • #435,868
  • May 5, 2011 2:14am May 5, 2011 2:14am
Quoting BrunargarFx
It will, but it's 50% retracement from the high to the low of yesterday - so an important No. now
Yes - and a 61.8 of the upswing from yesterday so that and previous resistance makes me worried, but it seems to want to get there... im holding on. Worst cse scenario is B/E which would kinda suck but we'll see. If Id had the courage of my convictions and not gotten spooked by Cloggie and Ramses this morning (no disrespect) i would have been in long 30 pips earlier
  • #435,869
  • May 5, 2011 2:15am May 5, 2011 2:15am
Quoting kill56
samo samoo lets see london
sticky early.......
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Look Sharp/Trade Tight
  • #435,870
  • May 5, 2011 2:20am May 5, 2011 2:20am
Quoting PayTheLimit
sticky early.......
how u been bro

very, waiting trichoot still withen the old range 88 above or below


NFP will show us the path for sure
  • #435,871
  • May 5, 2011 2:24am May 5, 2011 2:24am
Quoting kill56
how u been bro

very, waiting trichoot still withen the old range 88 above or below


NFP will show us the path for sure
all good brother, am waiting also for a breakout...lol, been waiting all week, bastards...its ok will be playing for 5360 or 4250 so I can wait...good luck, and let me know when you open the bar up..
Look Sharp/Trade Tight
  • #435,872
  • May 5, 2011 2:27am May 5, 2011 2:27am
Quoting PayTheLimit
all good brother, am waiting also for a breakout...lol, been waiting all week, bastards...its ok will be playing for 5360 or 4250 so I can wait...good luck, and let me know when you open the bar up..
lol with this kind of PA heck its open
  • #435,873
  • May 5, 2011 2:30am May 5, 2011 2:30am
Eating your shorts...
  • #435,874
  • Edited 2:42am May 5, 2011 2:31am | Edited 2:42am
Vjkk

aND tp İS : 1.50
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  • #435,875
  • May 5, 2011 2:33am May 5, 2011 2:33am
I have a lot of spider web on my short button.......rarely use these days.
  • #435,876
  • May 5, 2011 2:34am May 5, 2011 2:34am
I wanna close my long at 4900. With ECB news, i dunno why EU is moving soo much. 90 pips already up.... may be its just positioning prior to NFP
  • #435,877
  • May 5, 2011 2:36am May 5, 2011 2:36am
We got two levels 1.4883 and 1.4892...



Let see how high this baby goes now...

PS: anybody went long at DP yesterday evening? I closed my last short of the day there but did not take a long as too late for me to trade.


Quoting BrunargarFx
It will, but it's 50% retracement from the high to the low of yesterday - so an important No. now
  • #435,878
  • May 5, 2011 2:38am May 5, 2011 2:38am
Tempted to take some partial but i think shes go some more go left in her. 4910 region may see some resistance, but otherwise we could make 1.5 Maybe not tonight... but soon...
  • #435,879
  • May 5, 2011 2:40am May 5, 2011 2:40am
Today Trichet speaks. Watch for possible rate hike. Mkt continues to buy. Buy on dips still in play. R at high 1.4940.
  • #435,880
  • May 5, 2011 2:43am May 5, 2011 2:43am
oh yay.... slow mo 1.4900...

whats next...1.5, 2,,,,,1,,,,
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