im buying 3590s w SL @ 3545..
- #2,122
- Oct 11, 2011 9:58pm Oct 11, 2011 9:58pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
im buying 3590s w SL @ 3545..
- #2,123
- Oct 11, 2011 10:02pm Oct 11, 2011 10:02pm
- | Additional Username | Joined Aug 2010 | 1,745 Posts
You, you ...counter-trender!
- #2,124
- Oct 11, 2011 10:11pm Oct 11, 2011 10:11pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Good morning. I see it's nice and quiet here right now.
I'm the only member in the thread
Looks like the Eur, as anticipated, has faded back down, retesting the long term Falling Trend Line (FTL-3) again
The recent fundamental events, as mentioned earlier, have taken their toll on the bulls and now it's anybody's game.
Major Resistance from here still holds at 1.3700 area with more immediate resistance sitting below there at 1.3660 area.
Next support below FTL-3 would come in around 1.3550 area followed by 1.3520, 1.3470 and 1.3380
My bias right now is to the downside and barring any good euro news (yeah right) I feel we should at least penetrate the first immediate support at 1.3595 targeting 1.3550 and possibly 1.3520
Any move to the upside should be well capped by 1.3660, failing that, major resistance at the 1.3700 battle ground
Trade safe all
.
I'm the only member in the thread
Looks like the Eur, as anticipated, has faded back down, retesting the long term Falling Trend Line (FTL-3) again
The recent fundamental events, as mentioned earlier, have taken their toll on the bulls and now it's anybody's game.
Major Resistance from here still holds at 1.3700 area with more immediate resistance sitting below there at 1.3660 area.
Next support below FTL-3 would come in around 1.3550 area followed by 1.3520, 1.3470 and 1.3380
My bias right now is to the downside and barring any good euro news (yeah right) I feel we should at least penetrate the first immediate support at 1.3595 targeting 1.3550 and possibly 1.3520
Any move to the upside should be well capped by 1.3660, failing that, major resistance at the 1.3700 battle ground
Trade safe all
.
Those who say it cannot be done should not interrupt those who are doing it
- #2,125
- Oct 11, 2011 10:14pm Oct 11, 2011 10:14pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
he might be just a scalper, no harm if he can pick up some tid bits on 1 min or 5 min, never laugh at anyone, it does not make us a better trader, it just shows stupidity. try to hide it
Those who say it cannot be done should not interrupt those who are doing it
- #2,126
- Oct 11, 2011 10:25pm Oct 11, 2011 10:25pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #2,128
- Oct 11, 2011 10:32pm Oct 11, 2011 10:32pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Just entered a trade when showing my 51/2 year old what I do, totally by accident lol. Short @ 1.36159 EUR/USD
You could have at least waited for 1.3625.
I don't think you've much to worry about. As long as you're willing to baby sit the trade, you should see green pips soon.
Those who say it cannot be done should not interrupt those who are doing it
- #2,130
- Oct 11, 2011 10:38pm Oct 11, 2011 10:38pm
So true! I was like doh, but after I looked at it I could see my strategy forming, look away and click strategy, totally j/k Almost green, thanks PipTrapper!
Almost green, thanks PipTrapper!Don't you just hate it when that happens?
You could have at least waited for 1.3625.
I don't think you've much to worry about. As long as you're willing to baby sit the trade, you should see green pips soon.
It's easy to be humbled but hard to be humble.
- #2,131
- Oct 11, 2011 10:43pm Oct 11, 2011 10:43pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
So true! I was like doh, but after I looked at it I could see my strategy forming, look away and click strategy, totally j/k
It's not ready to drop yet but that should be the eventual direction.
.
Those who say it cannot be done should not interrupt those who are doing it
- #2,132
- Oct 11, 2011 10:45pm Oct 11, 2011 10:45pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #2,133
- Edited Oct 12, 2011 5:10am Oct 11, 2011 10:50pm | Edited Oct 12, 2011 5:10am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #2,134
- Oct 11, 2011 10:51pm Oct 11, 2011 10:51pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Obama's jobs bill officially defeated in Senate; Final vote is 50-49
No big surprise here. The market never considered this as a possibility but the vote was really close. 50 to 49? Wow!! You almost got it through Obama.
No big surprise here. The market never considered this as a possibility but the vote was really close. 50 to 49? Wow!! You almost got it through Obama.
Those who say it cannot be done should not interrupt those who are doing it
- #2,136
- Oct 11, 2011 10:56pm Oct 11, 2011 10:56pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
EU Daily Outlook
Daily Range @ 13564-13699
Break the small greenlines then I am trust this might be bullish continues pattern
This little blip upwards in the Asian session is more related to the econ stimulus in Hong Kong. Europe is still in a mess so the trend should very slowly resume downward for now until the next Slovakian EFSF vote possibly on Thursday.
Of course one never knows what surprises are around the corner but one has to deal with what one knows and not with what one hopes.
Those who say it cannot be done should not interrupt those who are doing it
- #2,137
- Oct 11, 2011 11:01pm Oct 11, 2011 11:01pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
thank you pip
as along we never get pass 1.3629 bear still alive..
Those who say it cannot be done should not interrupt those who are doing it
- #2,139
- Oct 11, 2011 11:11pm Oct 11, 2011 11:11pm
- | Joined Sep 2009 | Status: asli made in indonesia | 564 Posts
The Euro is now sitting in an area of accumulation. So technically it could go either way but right now the short term fundamentals only support a decline or a continuation of the accumulation. If it is to break out under the current conditions, the breakout would be to the downside.
i just wait until 1.3629,better then nothing for me..
- #2,140
- Oct 11, 2011 11:13pm Oct 11, 2011 11:13pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Don't forget that yesterday ended in bad news for equity and commodity markets.
This little blip upwards in the Asian session is more related to the econ stimulus in Hong Kong. Europe is still in a mess so the trend should very slowly resume downward for now until the next Slovakian EFSF vote possibly on Thursday.
Of course one never knows what surprises are around the corner but one has to deal with what one knows and not with what one hopes.
Long above the orange mark and short below the orange mark
If there was easy money lying around,no one would be forcing it into your