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EURUSD

  • #584,521
  • Jan 17, 2012 1:07am Jan 17, 2012 1:07am
Shorting 43
  • #584,522
  • Jan 17, 2012 1:09am Jan 17, 2012 1:09am
2nd short taken at 2747
  • #584,523
  • Jan 17, 2012 1:11am Jan 17, 2012 1:11am
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 17, 2012 1:17am Jan 17, 2012 1:17am
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 17, 2012 1:19am Jan 17, 2012 1:19am
Anyone open a long position @ current price?
RM
  • #584,526
  • Jan 17, 2012 1:21am Jan 17, 2012 1:21am
http://e1201.hizliresim.com/t/k/1vkvj.gif
  • #584,527
  • Jan 17, 2012 1:24am Jan 17, 2012 1:24am
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 17, 2012 1:26am Jan 17, 2012 1:26am
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 17, 2012 1:28am Jan 17, 2012 1:28am
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 17, 2012 1:31am Jan 17, 2012 1:31am
Dont like how it behaved where it marked the high. Higher it seems like.
  • #584,531
  • Jan 17, 2012 1:32am Jan 17, 2012 1:32am
Quoting krunfx
just open price from1.2690 the beginning after break my critical line
And your expecting TP is?
RM
  • #584,532
  • Jan 17, 2012 1:34am Jan 17, 2012 1:34am
This m5 candle will determine if I hold of fold.
  • #584,533
  • Jan 17, 2012 1:34am Jan 17, 2012 1:34am
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 17, 2012 1:35am Jan 17, 2012 1:35am
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 17, 2012 1:36am Jan 17, 2012 1:36am
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 17, 2012 1:37am Jan 17, 2012 1:37am
Attached Image (click to enlarge)
Click to Enlarge Name: eu_h4_17.01.12_downtrend.jpg Size: 99 KB
  • #584,537
  • Jan 17, 2012 1:40am Jan 17, 2012 1:40am
dax testing 6300
Mohan
  • #584,538
  • Jan 17, 2012 1:41am Jan 17, 2012 1:41am
stopped out by the spike, waiting for next entry possibly at 1.2780
  • #584,539
  • Jan 17, 2012 1:44am Jan 17, 2012 1:44am
Quoting abinezer
What happened to your short? Are you still holding it?
Yup holding and adding 2764 2x
  • #584,540
  • Jan 17, 2012 1:47am Jan 17, 2012 1:47am
When it's stop ?? 2800 ??
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