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EURUSD

  • #557,981
  • Nov 3, 2011 5:39pm Nov 3, 2011 5:39pm
if it will not go up in a few minutes, i will do the same
As Above, So Below
  • #557,982
  • Nov 3, 2011 5:39pm Nov 3, 2011 5:39pm
Quoting Nik655
Whats he trying to tell us here? Whats the purple line?
A moving average on the 1m (Probably a 200 ema).
  • #557,983
  • Nov 3, 2011 5:42pm Nov 3, 2011 5:42pm
Maybe heading towards pivot at 1.3780 area right now
  • #557,984
  • Nov 3, 2011 5:44pm Nov 3, 2011 5:44pm
Quoting ferndog
Maybe heading towards pivot at 1.3780 area right now
That's what i'm betting on. If we can get a clean bounce, we could get to 1.392 soon.
  • #557,985
  • Nov 3, 2011 5:45pm Nov 3, 2011 5:45pm
Quoting Nik655
Whats he trying to tell us here? Whats the purple line?
moving average ( support) ,it was just for humor
Mohan
  • #557,986
  • Nov 3, 2011 5:47pm Nov 3, 2011 5:47pm
Short term long now. Waiting for reversal. Then 1.3778. Then we will see.
  • #557,987
  • Nov 3, 2011 5:55pm Nov 3, 2011 5:55pm
Quoting Kowalczyk
Short term long now. Waiting for reversal. Then 1.3778. Then we will see.
And i'm out. +8 pips in the book.
  • #557,988
  • Nov 3, 2011 5:59pm Nov 3, 2011 5:59pm
Quoting Kowalczyk
And i'm out. +8 pips in the book.
I'm eyeing the 4H candles at 1.3810 on the EU and 1.0410 on the Aussie. Candle close below and I might enter a short with a small target around 50 to 60 pips. Need to watch for new developments in the EU for now too as some good news might send us higher.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aussie.gif Size: 36 KB
Click to Enlarge Name: eur.gif Size: 40 KB
  • #557,989
  • Nov 3, 2011 6:02pm Nov 3, 2011 6:02pm
Just entered short. I am loving the price action right now.
  • #557,990
  • Nov 3, 2011 6:03pm Nov 3, 2011 6:03pm
Quoting factorof2
I'm eyeing the 4H candles at 1.3810 on the EU and 1.0410 on the Aussie. Candle close below and I might enter a short with a small target around 50 to 60 pips. Need to watch for new developments in the EU for now too as some good news might send us higher.
I would say it should reverse at ~1.3778. If it passes, we could head even lower.
  • #557,991
  • Nov 3, 2011 6:06pm Nov 3, 2011 6:06pm
Quoting Kowalczyk
Just entered short. I am loving the price action right now.
http://www.forexfactory.com/news.php?do=news&id=324064

I wonder if we'll make a trip up further.
  • #557,992
  • Nov 3, 2011 6:08pm Nov 3, 2011 6:08pm
Quoting factorof2
http://www.forexfactory.com/news.php?do=news&id=324064

I wonder if we'll make a trip up further.
Soon I hope, just not yet.
  • #557,993
  • Nov 3, 2011 6:10pm Nov 3, 2011 6:10pm
Quoting factorof2
http://www.forexfactory.com/news.php?do=news&id=324064

I wonder if we'll make a trip up further.
i don't think so as it is priced in last night. and further more govt might over by week end , bail out fund on hold until clear sign from Greek. lets wait till tokyo
Mohan
  • #557,994
  • Nov 3, 2011 6:14pm Nov 3, 2011 6:14pm
Quoting mohan76
i don't think so as it is priced in last night. and further more govt might over by week end , bail out fund on hold until clear sign from Greek. lets wait till tokyo
Oh most definitely, I don't plan to enter until at least two hours from now with this 4H candle, and definitely not before the open markets have a chance to process and respond to the news.
  • #557,995
  • Nov 3, 2011 6:15pm Nov 3, 2011 6:15pm
ahhh friday....a perfect day for downgrade
  • #557,996
  • Nov 3, 2011 6:22pm Nov 3, 2011 6:22pm
Quoting panosd
ahhh friday....a perfect day for downgrade
anything left for downgrade ?
Mohan
  • #557,997
  • Nov 3, 2011 6:30pm Nov 3, 2011 6:30pm
that it will go down a bit. I shorted so I hope so.
Taigen Profit This Month: na
  • #557,998
  • Nov 3, 2011 6:33pm Nov 3, 2011 6:33pm
Quoting Taigen
that it will go down a bit. I shorted so I hope so.
Don't ever trade on a "consensus" on this forum. If you're ever considering an entry, close your browser, look at your charts, and start finding reasons why the pair could go the opposite way you expect. If you find it very hard to find reasons for the trade to run against you according to your analysis, then by all means enter your trade, come back here and post your entry, SL and profit targets if you like.

Never, ever, ever, ever enter a trade you see on the forum if you don't have good reason to do so according to your own trading plan, money management, risk tolerance and analysis. It's a recipe for lost money.
  • #557,999
  • Nov 3, 2011 6:36pm Nov 3, 2011 6:36pm
Quoting factorof2
Don't ever trade on a "consensus" on this forum. If you're ever considering an entry, close your browser, look at your charts, and start finding reasons why the pair could go the opposite way you expect. If you find it very hard to find reasons for the trade to run against you according to your analysis, then by all means enter your trade, come back here and post your entry, SL and profit targets if you like.

Never, ever, ever, ever enter a trade you see on the forum if you don't have good reason to do so according to your own trading plan,...
Very very true - my money on on the long its gathering pace and history of past few weeks repeating, "weekend hope"
  • #558,000
  • Nov 3, 2011 6:37pm Nov 3, 2011 6:37pm
Entering short again.
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