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EURUSD

  • #584,521
  • Jan 16, 2012 11:07pm Jan 16, 2012 11:07pm
Shorting 43
  • #584,522
  • Jan 16, 2012 11:09pm Jan 16, 2012 11:09pm
2nd short taken at 2747
  • #584,523
  • Jan 16, 2012 11:11pm Jan 16, 2012 11:11pm
Quoting MaxDoom
it has at last reached first target for a correction, but could easily move up to .1278x.

Will short it below current consolidation or at the next level if reached.
bro whats your target on the euro for today? we already had 80 pip move today
  • #584,524
  • Jan 16, 2012 11:17pm Jan 16, 2012 11:17pm
Oh, it moved, now have to find out how far it is going. 1.28?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #584,525
  • Jan 16, 2012 11:19pm Jan 16, 2012 11:19pm
Anyone open a long position @ current price?
RM
  • #584,526
  • Jan 16, 2012 11:21pm Jan 16, 2012 11:21pm
http://e1201.hizliresim.com/t/k/1vkvj.gif
  • #584,527
  • Jan 16, 2012 11:24pm Jan 16, 2012 11:24pm
Quoting KillerWhale
Oh, it moved, now have to find out how far it is going. 1.28?
we have 80 (speed breaker)
Mohan
  • #584,528
  • Jan 16, 2012 11:26pm Jan 16, 2012 11:26pm
Quoting Nachiket
bro whats your target on the euro for today? we already had 80 pip move today

morning Nachiket,

well I still favour shorts to test the latest low of 1.2623 BUT when to get in is the question this was a quick move in Frankie time to 1.275x leaving 1.278x open to be tested.

Also, if we see above 1.28 then we need to consider that it is a larger retrace of the move from 1.303x (3rd Jan) as that will be 38.2% of that so we could then be looking at 1.285x or 1.291x before any downside.

So most important today is to get the entry level right because you will get punished heavily if wrong.
  • #584,529
  • Jan 16, 2012 11:28pm Jan 16, 2012 11:28pm
Quoting muhdhafiz
Anyone open a long position @ current price?
just open price from1.2690 the beginning after break my critical line
Bismillah
  • #584,530
  • Jan 16, 2012 11:31pm Jan 16, 2012 11:31pm
Dont like how it behaved where it marked the high. Higher it seems like.
  • #584,531
  • Jan 16, 2012 11:32pm Jan 16, 2012 11:32pm
Quoting krunfx
just open price from1.2690 the beginning after break my critical line
And your expecting TP is?
RM
  • #584,532
  • Jan 16, 2012 11:34pm Jan 16, 2012 11:34pm
This m5 candle will determine if I hold of fold.
  • #584,533
  • Jan 16, 2012 11:34pm Jan 16, 2012 11:34pm
Quoting muhdhafiz
And your expecting TP is?
first at my 23.6 line arount 1.2728

second at my 38.2 around 1.2797

fail one of this line will rebound back...
Bismillah
  • #584,534
  • Jan 16, 2012 11:35pm Jan 16, 2012 11:35pm
Quoting GSGill
Dont like how it behaved where it marked the high. Higher it seems like.
What happened to your short? Are you still holding it?
  • #584,535
  • Jan 16, 2012 11:36pm Jan 16, 2012 11:36pm
Quoting krunfx
first at my 23.6 line arount 1.2728

second at my 38.2 around 1.2797

fail one of this line will rebound back...
Gd luck bro
RM
  • #584,536
  • Jan 16, 2012 11:37pm Jan 16, 2012 11:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: eu_h4_17.01.12_downtrend.jpg Size: 99 KB
  • #584,537
  • Jan 16, 2012 11:40pm Jan 16, 2012 11:40pm
dax testing 6300
Mohan
  • #584,538
  • Jan 16, 2012 11:41pm Jan 16, 2012 11:41pm
stopped out by the spike, waiting for next entry possibly at 1.2780
  • #584,539
  • Jan 16, 2012 11:44pm Jan 16, 2012 11:44pm
Quoting abinezer
What happened to your short? Are you still holding it?
Yup holding and adding 2764 2x
  • #584,540
  • Jan 16, 2012 11:47pm Jan 16, 2012 11:47pm
When it's stop ?? 2800 ??
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