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  • #579,301
  • Jan 3, 2012 6:51am Jan 3, 2012 6:51am
Quoting 21vs7
or at least an hourly close under 32 - would give me a nice signal here.

DAX moving nicely...

perhaps they are trying to collect some orders inside on fiber...then...KABAM!



Yes yes!

watching DAX closely.
dax breaking 15 min channel, so i think we have to ride with eur
looking for investors . pm me
  • #579,302
  • Jan 3, 2012 6:52am Jan 3, 2012 6:52am
Take care. I am also off soon.
Beauty awakens the soul to act. Dante Alighieri
  • #579,303
  • Jan 3, 2012 6:52am Jan 3, 2012 6:52am
Quoting 21vs7
cadjpy
will try to short 82 cad/jpy
looking for investors . pm me
  • #579,304
  • Jan 3, 2012 6:54am Jan 3, 2012 6:54am
Quoting kbmoonshinex
will try to short 82 cad/jpy

it is always nice to have some JPY, right
  • #579,305
  • Jan 3, 2012 6:58am Jan 3, 2012 6:58am
Quoting 21vs7
it is always nice to have some JPY, right
right mate ;]
looking for investors . pm me
  • #579,306
  • Jan 3, 2012 6:59am Jan 3, 2012 6:59am
Morning guys.

Looks like a good run on the EUR last night. :-)

Built up a falling wedge that should be watched for the breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd daily.gif Size: 25 KB
  • #579,307
  • Jan 3, 2012 6:59am Jan 3, 2012 6:59am
DAX looking to found some buyers. Lets see..

Tight SL for all the sellers.
  • #579,308
  • Jan 3, 2012 7:01am Jan 3, 2012 7:01am
I shorted at .3050 because of the channel. I traded because of my chart. Any chart to support your views?

Quoting Nachiket
1.3050 not a good place to short. probably will take it out anyways today. 200 pips for the day cannot be ruled out.
The true fact is market doesn't care, risk mgt is important.
  • #579,309
  • Jan 3, 2012 7:05am Jan 3, 2012 7:05am
If there is a daily close above the trendline, should we look for longs? Im a little scared to just because its in such a nice downtrend. any ideas anybody?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd trendline break.PNG Size: 22 KB
  • #579,310
  • Jan 3, 2012 7:08am Jan 3, 2012 7:08am
Quoting thaiboxerad
If there is a daily close above the trendline, should we look for longs? Im a little scared to just because its in such a nice downtrend. any ideas anybody?
even with a close above I would be cautious.

could just be a trend line adjustment.
  • #579,311
  • Jan 3, 2012 7:09am Jan 3, 2012 7:09am
or does it look like it just came up higher, hit previous support, created better selling opportunity, and will be dropping back down to 1.2862 low? should i short it now???
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd trendline break 2.PNG Size: 27 KB
  • #579,312
  • Jan 3, 2012 7:11am Jan 3, 2012 7:11am
Quoting todstars2
even with a close above I would be cautious.

could just be a trend line adjustment.
yeah. some times i love trendline breaks, but only with the overall trend. Does kinda seem like a fake out give the strong downtrend. Thanks!
  • #579,313
  • Jan 3, 2012 7:13am Jan 3, 2012 7:13am
Quoting thaiboxerad
or does it look like it just came up higher, hit previous support, created better selling opportunity, and will be dropping back down to 1.2862 low? should i short it now???

Mate.

1 its your fooking money
2 if WE would know this, we surely would not be spending time in here so be carefull on your questions there!
3 see them dax,bonds,levels,trendlines and be patient
4 dont add on a fooking looser

edit: added the essence
  • #579,314
  • Jan 3, 2012 7:14am Jan 3, 2012 7:14am
Quoting 21vs7


Yes Yes...we have potential for 12...but let us see what this cluster will bring us 32/42

but they should sort 32 to give us a chance
12

DAX started to obey...drank up a whole beer in 5m time.

Still deciding on that matter.
  • #579,315
  • Jan 3, 2012 7:15am Jan 3, 2012 7:15am
Anybody else agree's its just a retracement move planning to go back just to touch 1.2995 and resume the bulls again ???
Human
  • #579,316
  • Jan 3, 2012 7:18am Jan 3, 2012 7:18am
i do. above 1.3 a few pips is good enough for me. 1.3062/67 is the level to watch IF we get back at todays highs. 80's also should be a bummer. lunch now. be back later.


Quoting Chanya
Anybody else agree's its just a retracement move planning to go back just to touch 1.2995 and resume the bulls again ???
dreams do come true.
  • #579,317
  • Jan 3, 2012 7:19am Jan 3, 2012 7:19am
I am waiting for FOMC meeting.
  • #579,318
  • Jan 3, 2012 7:20am Jan 3, 2012 7:20am
Quoting joynal2u
I am waiting for FOMC meeting.
Thanks for letting us know.
Quant Hedge Fund CEO
  • #579,319
  • Jan 3, 2012 7:22am Jan 3, 2012 7:22am
Quoting Chanya
Anybody else agree's its just a retracement move planning to go back just to touch 1.2995 and resume the bulls again ???
agreed
  • #579,320
  • Jan 3, 2012 7:22am Jan 3, 2012 7:22am
When is the FOMC meeting?
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