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  • #580,341
  • Jan 5, 2012 4:54am Jan 5, 2012 4:54am
Quoting FXMastermind
Unless something very nasty happens, I have good reasons to be fairly bullish on EU now.
Dont fight the trend..just play safe..then if ez crisis did not setle euro just tend to be lower in long term
Bismillah
  • #580,342
  • Jan 5, 2012 4:54am Jan 5, 2012 4:54am
now its time for a correction until 15 of January when greece leave the euro and that one doesnt have to be a bad news for euro.

I bought EURO for 1.2840 with sl 1.2795 and hope for 160 pips from here^^
What does the world cost? A shit, so sell it!
  • #580,343
  • Jan 5, 2012 4:55am Jan 5, 2012 4:55am
Quoting pipsallday
short at 50
TP 40 + 10 p[ips
think ill listen to FX Mastermind
Trade What You See Not What You Want To See
  • #580,344
  • Jan 5, 2012 4:55am Jan 5, 2012 4:55am
Quoting FXMastermind
Unless something very nasty happens, I have good reasons to be fairly bullish on EU now.
what would qualify as nasty and very nasty then?
  • #580,345
  • Jan 5, 2012 4:56am Jan 5, 2012 4:56am
Quoting FXMastermind
Unless something very nasty happens, I have good reasons to be fairly bullish on EU short/mid-term.
Trade What You See Not What You Want To See
  • #580,346
  • Jan 5, 2012 4:57am Jan 5, 2012 4:57am
Still can go down more
Attached Image (click to enlarge)
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If there was easy money lying around,no one would be forcing it into your
  • #580,347
  • Jan 5, 2012 4:58am Jan 5, 2012 4:58am
Those who buy now need to cope with big swing downside.

New low must be in place, even though buying at 1.28 may result -50 pips loss temporarily.

There is lots of selling volumes at 1.2850.


Edit: have to go to take care of some other things for a while
They think they are smarter than I am.
  • #580,348
  • Jan 5, 2012 5:00am Jan 5, 2012 5:00am
im of for a now good trades to all
rember its better to be out looking to get in
than in looking to get out
Trade What You See Not What You Want To See
  • #580,349
  • Jan 5, 2012 5:01am Jan 5, 2012 5:01am
Quoting DarkWolF
"A chart helps those who can read it"

I like it geniusztc
yes ,i quote Jesses Livermore's words .and i like his book REMINISCENCES OF A SOCK OPERATOR very much . good luck ,my friend .
A chart helps those who can read it.
  • #580,350
  • Jan 5, 2012 5:01am Jan 5, 2012 5:01am
I heard today france auction done because france still fear about their rating by S&P
Bismillah
  • #580,351
  • Jan 5, 2012 5:01am Jan 5, 2012 5:01am
Quoting farzadinio
now its time for a correction until 15 of January when greece leave the euro and that one doesnt have to be a bad news for euro.

I bought EURO for 1.2840 with sl 1.2795 and hope for 160 pips from here^^
where did you get this shit news of greece leaving euro ? ' if that was the issue then euro would not be in this place where it is now ''''' as for getting 160 pips from here with 1.279 SL '' its just my personal opinion ' you will be a loser with this trade '' get confirmation first ' before entering is the best policy ''? what do you think '' as per charts say there is some support at 1.277 only '' nfp may prove to test this '''''? will see
  • #580,352
  • Jan 5, 2012 5:02am Jan 5, 2012 5:02am
Quoting pipsallday
TP 40 + 10 p[ips
think ill listen to FX Mastermind
No, donīt listen to me, only to yourself and what your trading system tells you. We two are trading in absolutely different ways.

What I am saying doesnīt disqualify your positions, there is still some space below so no need to change your strategy.

My article was looking slightly far into the future than next 5 or 15 minutes
Quant Hedge Fund CEO
  • #580,353
  • Jan 5, 2012 5:02am Jan 5, 2012 5:02am
tea time in UK, some retracement ...
  • #580,354
  • Jan 5, 2012 5:05am Jan 5, 2012 5:05am
60 top and 30 bottom are my two new numbers GL
Trade What You See Not What You Want To See
  • #580,355
  • Jan 5, 2012 5:09am Jan 5, 2012 5:09am
Quoting FXMastermind
No, donīt listen to me, only to yourself and what your trading system tells you. We two are trading in absolutely different ways.

What I am saying doesnīt disqualify your positions, there is still some space below so no need to change your strategy.

My article was looking slightly far into the future than next 5 or 15 minutes
i hear what your saying
Trade What You See Not What You Want To See
  • #580,356
  • Jan 5, 2012 5:16am Jan 5, 2012 5:16am
Well this is what happened last time she hit 1.2858. What does it mean? I do not know, I leave that to the experts.

But what I know is that we should be aware of what happened and monitor it.
I also know that as I explained to my friend Mohan, Italy is a mess and looks like France is following.
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Beauty awakens the soul to act. Dante Alighieri
  • #580,357
  • Jan 5, 2012 5:19am Jan 5, 2012 5:19am
Quoting Fx Thinker
where did you get this shit news of greece leaving euro ? ' if that was the issue then euro would not be in this place where it is now ''''' as for getting 160 pips from here with 1.279 SL '' its just my personal opinion ' you will be a loser with this trade '' get confirmation first ' before entering is the best policy ''? what do you think '' as per charts say there is some support at 1.277 only '' nfp may prove to test this '''''? will see
this isnīt a news this my own openion, greece has to present their promissese they made last year to reduce their debts, besides their is technecly the next support at 1.2790.
where do you got that 277?
What does the world cost? A shit, so sell it!
  • #580,358
  • Jan 5, 2012 5:22am Jan 5, 2012 5:22am
Quoting Z3iz3i
Those who buy now need to cope with big swing downside.

New low must be in place, even though buying at 1.28 may result -50 pips loss temporarily.

There is lots of selling volumes at 1.2850.


Edit: have to go to take care of some other things for a while
Indeed, initial retrace is too small for a big retracement, the pair want a bit more down, maybe after a retrace to .70
  • #580,359
  • Jan 5, 2012 5:22am Jan 5, 2012 5:22am
Market to retest previous low of 1.2829?
Even the worst trade can close with profit. Just give it time.
  • #580,360
  • Jan 5, 2012 5:24am Jan 5, 2012 5:24am
Wow, my very first trade for the year was a nice and profitable short. Waiting for the crash of the euro this year...
go go go
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