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EURUSD

  • #482,081
  • Jul 6, 2011 6:15pm Jul 6, 2011 6:15pm
just as good
  • #482,082
  • Jul 6, 2011 6:19pm Jul 6, 2011 6:19pm
Inserted Video


First clearing some stops to the upside
  • #482,083
  • Jul 6, 2011 6:21pm Jul 6, 2011 6:21pm
short 1.4330
  • #482,084
  • Jul 6, 2011 6:21pm Jul 6, 2011 6:21pm
euro all set to dive : touching 4285 level
  • #482,085
  • Jul 6, 2011 6:26pm Jul 6, 2011 6:26pm
EUR-USD = 27 pips in profit. Stop at +2 pips
GBP-AUD = 48 pips - trade closed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUR-USD-July06.png Size: 10 KB
Click to Enlarge Name: GBP-AUD-July06.png Size: 14 KB
  • #482,086
  • Jul 6, 2011 6:27pm Jul 6, 2011 6:27pm
There are some underlying bulls here IMO....I am possibly gonna wait till the morn theatrics unless 9pm est or 11pm est show a volitile move....Im not sure anyone wants to be stuck on the wrong side of their trade come 830 in the morn.

quote=ready2start;4757406]euro all set to dive : touching 4285 level[/quote]
  • #482,087
  • Jul 6, 2011 6:32pm Jul 6, 2011 6:32pm
asia is gonna open in 30mins too....putting pressure on it...
  • #482,088
  • Jul 6, 2011 6:35pm Jul 6, 2011 6:35pm
Quoting needpips
There are some underlying bulls here IMO....I am possibly gonna wait till the morn theatrics unless 9pm est or 11pm est show a volitile move....Im not sure anyone wants to be stuck on the wrong side of their trade come 830 in the morn.

quote=ready2start;4757406]euro all set to dive : touching 4285 level
[/quote]

good decision.
  • #482,089
  • Jul 6, 2011 6:36pm Jul 6, 2011 6:36pm
Quoting needpips
There are some underlying bulls here IMO....I am possibly gonna wait till the morn theatrics unless 9pm est or 11pm est show a volitile move....Im not sure anyone wants to be stuck on the wrong side of their trade come 830 in the morn.

quote=ready2start;4757406]euro all set to dive : touching 4285 level
[/quote]

wise.
Empty as water and soft as a facing wind mountain
  • #482,090
  • Jul 6, 2011 6:43pm Jul 6, 2011 6:43pm
wise.[/quote]


Personally, I think not trading is one of the hardest hurdles...I can thank most of the 10V's here.....we all know who Im talkin about

*****edit: AUD news 930.....seems to affect EU imo....watch out
  • #482,091
  • Jul 6, 2011 6:49pm Jul 6, 2011 6:49pm
with this rate decision tomorrow, if its raised = EURUSD UP?, if not EURUSD down?
  • #482,092
  • Jul 6, 2011 6:50pm Jul 6, 2011 6:50pm
Quoting Mitchoss
with this rate decision tomorrow, if its raised = EURUSD UP?, if not EURUSD down?
something like that.
  • #482,093
  • Jul 6, 2011 6:51pm Jul 6, 2011 6:51pm
Rate rise : EUR up
Rate steady : EUR down
  • #482,094
  • Jul 6, 2011 6:52pm Jul 6, 2011 6:52pm
Quoting pkimnyc
something like that.
are we expecting them to raise the rate, now that qe2 is over?

TBH i think the market has assumed the worst and priced in the posibility of no rise, and if there is a rise, huge rally tomorrow
  • #482,095
  • Jul 6, 2011 6:53pm Jul 6, 2011 6:53pm
rate will rise to contain inflation
  • #482,096
  • Jul 6, 2011 6:54pm Jul 6, 2011 6:54pm
Quoting Mitchoss
with this rate decision tomorrow, if its raised = EURUSD UP?, if not EURUSD down?

Well Mitch that would be logical, but this is forex. Aint no logic in this game.

Unless you have experience trading major news my advice is to paper trade until 10-15 minutes after the news release. Then things settle down a bit and you don't get spiked out.

I love trading pullbacks on the spikes but if you get that old "deer in the headlights" look it can be very messy
  • #482,097
  • Jul 6, 2011 6:55pm Jul 6, 2011 6:55pm
Quoting Mitchoss
with this rate decision tomorrow, if its raised = EURUSD UP?, if not EURUSD down?
this could be interesting for you to watch.
http://www.dailyfx.com/forex/video/d...ng_SP_500.html
  • #482,098
  • Jul 6, 2011 6:55pm Jul 6, 2011 6:55pm
Quoting Mitchoss
are we expecting them to raise the rate, now that qe2 is over?

TBH i think the market has assumed the worst and priced in the posibility of no rise, and if there is a rise, huge rally tomorrow
Euro/USD is down
but we have this thing tomorrow.
All unclear.
So we wait
drinking wine, etc.
Empty as water and soft as a facing wind mountain
  • #482,099
  • Jul 6, 2011 7:01pm Jul 6, 2011 7:01pm
someone mention strong vigilante?? it's jean-claude bronson...

Inserted Video
  • #482,100
  • Jul 6, 2011 7:02pm Jul 6, 2011 7:02pm
current high: 4339.1
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