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EURUSD

  • #483,641
  • Jul 8, 2011 12:03am Jul 8, 2011 12:03am
eu short 1,4342
sl 100 pip
Everyone has a plan 'till they get punched in the mouth.
  • #483,642
  • Jul 8, 2011 12:03am Jul 8, 2011 12:03am
Morning
RichieEU
  • #483,643
  • Jul 8, 2011 12:03am Jul 8, 2011 12:03am
Quoting PayTheLimit
best avatar by far...lol...

sorry but I feel a bit nasious....
  • #483,644
  • Jul 8, 2011 12:04am Jul 8, 2011 12:04am
Waiting to short below 1.4335
  • #483,645
  • Jul 8, 2011 12:04am Jul 8, 2011 12:04am
Quoting RichieEU
Morning
morning...
Look Sharp/Trade Tight
  • #483,646
  • Jul 8, 2011 12:05am Jul 8, 2011 12:05am
I get the feeling the market tonight will be a meat grinder


Im done for the week, just hanging in here for the fireworks
  • #483,647
  • Jul 8, 2011 12:05am Jul 8, 2011 12:05am
hmn... actually... london decides to do nothing.

i guess I'll wait for nfp tonight.
  • #483,648
  • Jul 8, 2011 12:06am Jul 8, 2011 12:06am
Quoting harigp
Nothing much is happening but buy the dip on NFP
I think you may have it!
  • #483,649
  • Jul 8, 2011 12:09am Jul 8, 2011 12:09am
what a mess, half of me wants to sell the piss out of it, and half of me wants to cover some....hate them...
Look Sharp/Trade Tight
  • #483,650
  • Jul 8, 2011 12:10am Jul 8, 2011 12:10am
covering some...
Look Sharp/Trade Tight
  • #483,651
  • Jul 8, 2011 12:11am Jul 8, 2011 12:11am
If it breaks the upper trendline......

But I am out for the week.
Attached Image
The Thief of Wall Street
  • #483,652
  • Jul 8, 2011 12:12am Jul 8, 2011 12:12am
evening
If you are new to Forex? Say Goodbye to your account!!
  • #483,653
  • Jul 8, 2011 12:12am Jul 8, 2011 12:12am
Quoting PayTheLimit
morning...
Big news coming today.
Will be better then expected?
Overall outlook quite bearish, do not You think?
RichieEU
  • #483,654
  • Jul 8, 2011 12:12am Jul 8, 2011 12:12am
im quitting
  • #483,655
  • Jul 8, 2011 12:12am Jul 8, 2011 12:12am
Quoting PayTheLimit
what a mess, half of me wants to sell the piss out of it, and half of me wants to cover some....hate them...
Obviously you know you should wait then...
  • #483,656
  • Jul 8, 2011 12:12am Jul 8, 2011 12:12am
Quoting KiwiTrada
evening
krazy kiwi, what up bro?
Look Sharp/Trade Tight
  • #483,657
  • Jul 8, 2011 12:13am Jul 8, 2011 12:13am
Quoting PayTheLimit
covering some...
You have to like a bold, quick, decisive decision like that.

  • #483,658
  • Jul 8, 2011 12:15am Jul 8, 2011 12:15am
flat...
Look Sharp/Trade Tight
  • #483,659
  • Jul 8, 2011 12:16am Jul 8, 2011 12:16am
Morning.

Time to take out some SLes to the upside. 35 gives nice support :-)

Edit: I think, and I stress think, that the daily candle should have as low for today something around 4300 with a close around 4450 or even higher.
  • #483,660
  • Jul 8, 2011 12:16am Jul 8, 2011 12:16am
funny thing about US data

Good US data sometimes strengthens the USD directly

but if risk appetite is on the menu then positive news weakens the USD as investors and traders scramble for higher yielding currencies on the euphoria of an improving US economy


when in doubt just look to sell USD on rallies against higher yield currencies...
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