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EURUSD

  • #530,061
  • Aug 24, 2011 2:48am Aug 24, 2011 2:48am
It's almost 3am my time!. Why am I awake again?. I could be cuddled up in my nice warm bed
  • #530,062
  • Aug 24, 2011 2:48am Aug 24, 2011 2:48am
Morning fellas,

Whatever the value of the report released, I see price visiting 4350 before 4645.

Just my own simple opinion. In life, nothing is sure; even price action.
Don't just beat the markets, leave bruises.
  • #530,063
  • Aug 24, 2011 2:50am Aug 24, 2011 2:50am
Quoting big_pipin
It's almost 3am my time!. Why am I awake again?. I could be cuddled up in my nice warm bed

If you trade EUR you must be always up at this time .... I am lucky here is 10.49 AM
  • #530,064
  • Aug 24, 2011 2:50am Aug 24, 2011 2:50am
Quoting EuroTrader
out of my short

1 x 29 = 29
2 x 25 = 50
1 x 20 = 20

total 99 ...now I wait ifo
Just tightened my shorts:

1 x 11.3978 (-11 x -3.5569) + 1/34 x 89.3445 [45 . e6 [1 212 334 4567] / 89.5698 . a78} = 23.44%
The Thief of Wall Street
  • #530,065
  • Aug 24, 2011 2:50am Aug 24, 2011 2:50am
[quote=KiwiTrada;4896484]
Quoting johncen
Yup..Partial bank ensure profit...
thanks for sharing targets!
I have 4360, 4249 too...

Forex full of unexpect factors.....But BE sl will protect me from loss...


PB and BE..they are very good....I kinda fall in luv with them/quote]


Yes PB & BE make nice girlfriends, treat them well they look after you, treat them bad they burn your ass

Your levels cool bro, pips either side only really critical when scalp, enter exit etc, with positions not so important.

1st Rally entry 4440 stopped BE + 20 relaoded 4420...
2 hours passed...
and we are still at same level....

oh well.....I have only one last trade left..
no signal for me today for more shorts...I wish we can go up to 1.4440 level..but if we climb up high...I will be nervous taking more shorts...
perhaps.. i might close mine early...
lol...

Still a lot to learn...I don't know how to add position during a trend....
Patience, Emotion Control and Discipline.
  • #530,066
  • Aug 24, 2011 2:53am Aug 24, 2011 2:53am
Quoting EuroTrader
If you trade EUR you must be always up at this time .... I am lucky here is 10.49 AM
and I'm sooo lucky it's 8:51am here...
Don't just beat the markets, leave bruises.
  • #530,067
  • Aug 24, 2011 2:55am Aug 24, 2011 2:55am
Quoting EuroTrader
If you trade EUR you must be always up at this time .... I am lucky here is 10.49 AM
Unfortunately for me, lol. Because of the time difference, I've been more focused on a/u. I just want to see euro finally break out of this damn trading range it's been in. Same with g/u.
  • #530,068
  • Aug 24, 2011 2:55am Aug 24, 2011 2:55am
I'm a bit bullish ( as long as we stay above WP )
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  • #530,069
  • Aug 24, 2011 2:55am Aug 24, 2011 2:55am
Quoting EuroTrader
If you trade EUR you must be always up at this time .... I am lucky here is 10.49 AM
I am not that lucky. London opens at 3:00 am here. But nature finds its way. We just conter trade London at 7:00 am.............. good most of the time and at 2x.
The Thief of Wall Street
  • #530,070
  • Aug 24, 2011 2:56am Aug 24, 2011 2:56am
Quoting Chicky
Just tightened my shorts:

1 x 11.3978 (-11 x -3.5569) + 1/34 x 89.3445 [45 . e6 [1 212 334 4567] / 89.5698 . a78} = 23.44%
you don't close your position before ifo?
  • #530,071
  • Aug 24, 2011 2:57am Aug 24, 2011 2:57am
[quote=johncen;4896737]
Quoting KiwiTrada

2 hours passed...
and we are still at same level....

oh well.....I have only one last trade left..
no signal for me today for more shorts...I wish we can go up to 1.4440 level..but if we climb up high...I will be nervous taking more shorts...
perhaps.. i might close mine early...
lol...

Still a lot to learn...I don't know how to add position during a trend....
just add an extra lot on the close of a lower closing low in a downtrend or higher closing high in an uptrend. But always remember to re-compute your SL.
Don't just beat the markets, leave bruises.
  • #530,072
  • Aug 24, 2011 2:57am Aug 24, 2011 2:57am
IFO figures in 3 minutes...
Discomfort and profit often stand side by side
  • #530,073
  • Aug 24, 2011 2:58am Aug 24, 2011 2:58am
Quoting tradoholic
Hi all,
I think there is an opportunity to take a 100 pip or so in this pair.
so do i, but in the opposite direction.
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  • #530,074
  • Aug 24, 2011 2:58am Aug 24, 2011 2:58am
Quoting chazzle
I'm a bit bullish ( as long as we stay above WP )
me to think this baby is for up today
Trade What You See Not What You Want To See
  • #530,075
  • Aug 24, 2011 3:02am Aug 24, 2011 3:02am
Quoting LondonTrader
IFO figures in 3 minutes...
you had to know that would paint red
"If The Fool persists in his Folly he will become wise." - William Blake
  • #530,076
  • Aug 24, 2011 3:05am Aug 24, 2011 3:05am
IFO # less than expected..meaning euro will be up ...as usual those trading the news should be careful now..

Good Luck !
  • #530,077
  • Aug 24, 2011 3:05am Aug 24, 2011 3:05am
It painted red but Euro aint going down lol. Proof that news trading wont help.
  • #530,078
  • Aug 24, 2011 3:06am Aug 24, 2011 3:06am
Short to 1.4350 sl 1.4443
  • #530,079
  • Aug 24, 2011 3:08am Aug 24, 2011 3:08am
if the euro was any other currency, it'll be at parity by now.... But it's not, b*stards have some unknown fetish in artificially proping it up...
  • #530,080
  • Aug 24, 2011 3:09am Aug 24, 2011 3:09am
The only thing that keep EUR up at this level is QE3 ... if not QE3...it will go down like a rock
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