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EURUSD

  • #538,621
  • Sep 15, 2011 4:56am Sep 15, 2011 4:56am
http://www.dailymail.co.uk/news/arti...lion-loss.html
  • #538,622
  • Sep 15, 2011 4:57am Sep 15, 2011 4:57am
Quoting johnnyrei
short @ 1.3793 - stop loss - 1.3830 - will move it to be +1 if we go down. If we get to 1.3810 - will add another short:
Where did you put your TP ?
  • #538,623
  • Sep 15, 2011 4:57am Sep 15, 2011 4:57am
  • #538,624
  • Sep 15, 2011 4:57am Sep 15, 2011 4:57am
Quoting johnnyrei
short @ 1.3793 - stop loss - 1.3830 - will move it to be +1 if we go down. If we get to 1.3810 - will add another short:
nice johnny, i like that short. i would be shorting it too but a little hesitant thanks to the flood of data due out of US in a few hours.. hope my long position in the aud doesnt get wrecked
  • #538,625
  • Sep 15, 2011 4:58am Sep 15, 2011 4:58am
Quoting johnnyrei
short @ 1.3793 - stop loss - 1.3830 - will move it to be +1 if we go down. If we get to 1.3810 - will add another short:
  • #538,626
  • Sep 15, 2011 4:58am Sep 15, 2011 4:58am
Quoting Zinc
Where did you put your TP ?
Nowhere at the moment. I close positions manually most of the time.
  • #538,627
  • Sep 15, 2011 5:02am Sep 15, 2011 5:02am
short @ 1.3800...1st position
Patience, Emotion Control and Discipline.
  • #538,628
  • Sep 15, 2011 5:03am Sep 15, 2011 5:03am
Quoting johnnyrei
short @ 1.3793 - stop loss - 1.3830 - will move it to be +1 if we go down. If we get to 1.3810 - will add another short:
Added 1 more short @ 1.3809 - also sl at 1.3830. going for a break - be back in few...
  • #538,629
  • Sep 15, 2011 5:04am Sep 15, 2011 5:04am
Quoting johnnyrei
Nowhere at the moment. I close positions manually most of the time.
Ok, because i did almost the same and i hope i/we made the right decision...anyway, i can loose max to the SL

Happy trading
  • #538,630
  • Sep 15, 2011 5:05am Sep 15, 2011 5:05am
resistance 1.38 but up side
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  • #538,631
  • Sep 15, 2011 5:06am Sep 15, 2011 5:06am
Quoting johncen
short @ 1.3800...1st position
lol me too 3802 it is good resist, I will manual manage, may retest, will see reaction before add 2nd
If you are new to Forex? Say Goodbye to your account!!
  • #538,632
  • Sep 15, 2011 5:07am Sep 15, 2011 5:07am
Quoting KiwiTrada
lol me too 3802 it is good resist, I will manual manage, may retest, will see reaction before add 2nd
yup looking for retest...~so 1st position always small...~nice bro~
USDX also at trendline support
Patience, Emotion Control and Discipline.
  • #538,633
  • Sep 15, 2011 5:07am Sep 15, 2011 5:07am
Now this is Markel again with naked support.
Don't you think she will support to break 3867 too?
You cannot learn better without losing
  • #538,634
  • Sep 15, 2011 5:08am Sep 15, 2011 5:08am
Quoting CorBlimeyGuv
http://www.dailymail.co.uk/news/arti...lion-loss.html
@prudentinvestor UBS rumour I heard this morning in Zug: Rogue trade was a silver short so they are calling it rogue to try & get out of it"

whats funny was only other day i was watching video from 2006 of jim creamer talking about illegal stuff he use to do when he ran a hedge fund and he said he would use bank who didnt know what they was doing and said use someone like UBS
  • #538,635
  • Sep 15, 2011 5:09am Sep 15, 2011 5:09am
In my opinion - this channel is still valid - that's why I took those shorts. Reason for my Sl is on the black chart:
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  • #538,636
  • Sep 15, 2011 5:10am Sep 15, 2011 5:10am
Quoting KiwiTrada
lol me too 3802 it is good resist, I will manual manage, may retest, will see reaction before add 2nd
same sort of price range. 3804 short. Im looking for at least price to go back to 3702.
Have I got something on my face, SOLDIER?
  • #538,637
  • Sep 15, 2011 5:11am Sep 15, 2011 5:11am
If we go further up - next short opportunity is @ 1.3824
  • #538,638
  • Sep 15, 2011 5:13am Sep 15, 2011 5:13am
Quoting bloodbubble
Like I said .
  • #538,639
  • Sep 15, 2011 5:14am Sep 15, 2011 5:14am
add 3815
Patience, Emotion Control and Discipline.
  • #538,640
  • Sep 15, 2011 5:15am Sep 15, 2011 5:15am
Don't be in too much of a hurry to short guys and gals.

There could be an excellent short opp sometime over the next session or so and we've some wood to chop to go higher, but there needs to be weakness first.

There is a 78.6 retracement fibo of the move from 3938 to 3492 at 3838 and I think price wants to get there. Mainly because there is WPP at 3844, a MML level @ 3855 and a 61.2 fibo retracement for the move from 4106 to 3492 at 3972.

Watch closely for a reaction at 3838, 3844 and 3855.

If you miss the first reversal, there will be others. Play safe.
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