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EURUSD

  • #458,581
  • Jun 9, 2011 8:50am Jun 9, 2011 8:50am
Quoting Chicky
Market is always right, always.
Well, i dumped all my eur/gbp/nzd longs when they popped up today, still have aud....

Right now i started adding small longs, waiting to see some sign of it going up before i start adding the bigger ones. If i`m wrong... i`m wrong, not like it`s the first time.

I do admit i`m a bit bummed i did not get a full size position when i shorted, or that i closed it too soon(4560ish) but meh... profit is profit and i don`t dare short it now after the drop.

So i`ll wait for a signal on my lower timeframe systems, when they get a buy signal i`ll try it... if i`m wrong i`m wrong it won`t be the first or the last time.

I have faith in how i trade, it has gotten me this far...
  • #458,582
  • Jun 9, 2011 8:50am Jun 9, 2011 8:50am
Quoting Magix
A quicky for a dixie for shits n giggles...
TP here, and watching for the next exodus....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #458,583
  • Jun 9, 2011 8:51am Jun 9, 2011 8:51am
Quoting Fly2
been long 20 pips ago
same buddy
I may just close though tbh - just until ive analysed properly


woops wrong picture - you get the idea anyway
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1long.gif Size: 30 KB
  • #458,584
  • Jun 9, 2011 8:54am Jun 9, 2011 8:54am
Please raise your hands if you think we are going to follow the Blue Channel.

If you are thinking of following Yellow Channel, raise your legs.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled69.jpg Size: 134 KB
The Thief of Wall Street
  • #458,585
  • Jun 9, 2011 8:54am Jun 9, 2011 8:54am
Quoting Gleneagles
Zim dollar was dropped during 2009. Hyperinflation running into 1000`s % killed the economy as well as the currency. 1 USD would have cost you a few million Zim $ not the other way around.

Currencies used in Zimbabwe now South African Rands , USD , Pound Sterling and Botswana Pula as official tender.
thank you! ut my question also is - can euro collapse even if exchange rate of eur/usd is high - for example 2.2500? Thanks
  • #458,586
  • Jun 9, 2011 8:54am Jun 9, 2011 8:54am
So Euuro is getting a rate hike in July but because USD is about to have a strong dollar policy, euro actually drops?

Am I getting this correctly about this recent euro plunge?
Make your losses in demo. Earn your profits live.
  • #458,587
  • Jun 9, 2011 8:55am Jun 9, 2011 8:55am
Plenty of profit taking in place but lots and lots of space to keep falling...

Might also re-enter around 4480 after retrace. 4300 would be a really nice level to see broken tonight.
Don't get mad, get even!
  • #458,588
  • Jun 9, 2011 8:55am Jun 9, 2011 8:55am
no rules atm.. but at the h close see what side of 4503.4 we are at. if above 4529.1 will be a resistance. if below 4451.8 may still be in the near future.
R 4534.3 4554.6 area
those who can, do. those who cant, talk about those who can
  • #458,589
  • Jun 9, 2011 8:57am Jun 9, 2011 8:57am
Quoting Chicky
Flip the chart upside down

or

Stand on your head, everything will start making sense.

euro/usd means how many usd are required to buy one euro

usd/ZWD should mean how many ZWD are reqired to buy one USD. Read it USD/ZWD.
so that is not ZWD/USD chart but USD/ZWD chart????
  • #458,590
  • Jun 9, 2011 8:58am Jun 9, 2011 8:58am
Oops..that was too quick. made +120 pips.
  • #458,591
  • Jun 9, 2011 9:00am Jun 9, 2011 9:00am
Quoting KiwiTrada
All ladies (except AU) at support, danger time for bears, to fat and bloated on steak

Geppy bounce hard EU soso Cable little, AU well aussie maybe twitch oil bull failing

Need birth another bull or I think we retest support
If you are new to Forex? Say Goodbye to your account!!
  • #458,592
  • Jun 9, 2011 9:00am Jun 9, 2011 9:00am
Quoting johnnyrei
so that is not ZWD/USD chart but USD/ZWD chart????
yes.
The Thief of Wall Street
  • #458,593
  • Jun 9, 2011 9:00am Jun 9, 2011 9:00am
Quoting Walker93
same buddy
I may just close though tbh - just until ive analysed properly


woops wrong picture - you get the idea anyway
I'm done for the day.Will be ready for Euro/London +90 pips works for me.Same here with looking over the charts closely again. Good Luck.
I personally don't like trading this time of day.
  • #458,594
  • Jun 9, 2011 9:01am Jun 9, 2011 9:01am
120 billion! Wow - more than i thought tbh
  • #458,595
  • Jun 9, 2011 9:02am Jun 9, 2011 9:02am
Quoting mercy seat
Grüß' Dich mein Lieber!

Ist jetzt nicht mehr von Belang ...

Any upside corrections ... should be considered as a selling op for now ...

Weekly projections shifted after these statements ...

I will post a new UPDATE soon ...



;-|
Gentleman, could you be please so kind and explain me, why - from now on, after a possible rate hike from the EZB nrxt month - should be every upside correction a selling op for now?

thanks for your time
  • #458,596
  • Jun 9, 2011 9:04am Jun 9, 2011 9:04am
I went long at the moment it spiked upwards right after the news
But the market turned around -130pips and during that time my laptop went out of battery
No stop loss no nothing. Sigh

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Haha just kidding, I know some of you got happy!
  • #458,597
  • Jun 9, 2011 9:05am Jun 9, 2011 9:05am
Quoting mercy seat
Grüß' Dich mein Lieber!

Ist jetzt nicht mehr von Belang ...

Any upside corrections ... should be considered as a selling op for now ...

Weekly projections shifted after these statements ...

I will post a new UPDATE soon ...



;-|

Here it is ...

Suggesting lower lows until end of the week ... as we do have a weekly projection towards 1.4397 for now ... be aware that we will have some upside corrections ... but limited as shown there ...

Details und weitere Punkte können gemäß Übersicht entwickelt werden ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-06-09_15h50 - Pivots + ZigZag A-B-C _ EURUSD _ Update A _ W-23.PNG Size: 121 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #458,598
  • Jun 9, 2011 9:08am Jun 9, 2011 9:08am
Hey can i ask, how long does it normally take for the market to stabilize after major news events?
  • #458,599
  • Jun 9, 2011 9:08am Jun 9, 2011 9:08am
Quoting mercy seat
Grüß' Dich mein Lieber!

Ist jetzt nicht mehr von Belang ...

Any upside corrections ... should be considered as a selling op for now ...

Weekly projections shifted after these statements ...

I will post a new UPDATE soon ...



;-|
Hi Mercy,

pre ECP spike down was 4567, spike up was 4652.

That was easy money. I placed a straddle at DP 4614, plus a short at 4648 and 4668. Second one was not triggered.

The recent upside can be seen as an ABC flat and should reach min. 4527.

Maybe we get a complex correction here. Would love that......
  • #458,600
  • Jun 9, 2011 9:08am Jun 9, 2011 9:08am
Baby bull just born, will see if bull or snitzel

Not sure will double ckeck but I thing Aussie moved, dumbass
If you are new to Forex? Say Goodbye to your account!!
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