EURUSD

i thought all u guys traded from ur yachts

damn still damn bull r pushing up,i hate this

time to sleep , todays PA kind of funny , Support - > every 5th pip and resistant almost does not exist , i hope we will test 2949 today late USA session and break tomorrow @ asian

Happy trading

Fully covered at 1.2886 ... and a small start with A REVERSO ...

Time 15h42 CET ...

Profit + 34 pips ...




;-|

A dip below 1,2870 and i'll close everything.
It's ranging here...stop tightened!

profit for today 4.4% .

Personally, I'd be holding on here assuming I was short from the 1.2910 area. I'd have moved to BE. I never take off anything, I go full out so as to maximize my risk/reward potential. If it breaks back up and knocks you out, which by my hour chart it still could do, then you lose nothing. If it doesn't you could be in for a fair few pips. Not advice, just what I'd be doing.

@mercy seat: Same to me.. still waiting for breakin' the down trend... but PA looks like recovering...

According to L.Karpowitz at Commerzbank, the last rally in the EUR/USD is more connected with short-covering positions rather than reality facts, although he admits that the positive flow of news are weighting in the upside:
March 20 is the deadline to come to an agreement in the Greek negotiations as a €14bn bond redemption roll-over will take place on that day. Failure to do so, Greece will default on its debt.
Versions of an increase in the IMF funds propped the optimism in the market sentiment yesterday however they were never confirmed. The US made it clear that it will not authorize extra funds, passing the ball to the countries that have always expressed such a wish (BRIC countries mainly). But at the moment it was only that, a wish, a promise never fulfilled so far.

The expert remarks that this has substantial potential for disappointment in the bloc currency, which found in the successful bond/T-bill auctions of this week enough reasons to fuel its upside, reinforcing the idea of news-driven rally. In his own words, “there is a longing for positive news at the present. However it seems questionable if this stance will remain for longer. In the end the current EUR/USD strength will turn out just to be a short term recovery”.

where next?

the move up from 1.271x has made a classic 5 wave on the hourly chart and that 5 wave appears to be a classic 3rd wave of the bigger move up from 1.2625.

So possibly we are now going to see a bit of correction whilst wave 4 develops.

possible targets 1.282x to 1.279x zone 50-61.8% fib also the large wave 2 was a 95 pip retrace and that would give a target of 1.283x


if it does complete such a move then a new high above 1.292x is on the cards afterwards..

wait and see time....

Well, I had a short open @1.29012(5 lots)..but massive green bar afterwards freaked me out a bit and closed trade with huge loss..if I would just keep it..well Now short @1.28972

took long at 85

@mercy seat: I'm out, fast long, mini win. market's ranging now, triangle break but nothing happens. I quit for today, may be after london close... but that's not my time anymore, I don't like, London Boys shouldn't move it much next minutes, nothing to cover I think, bye, see ya tomorrow...

Jack

I see exactly where you got killed, it would have freaked most people out, but judging by today's price action, it was no surprise. You've got to make sure your SL is above the highest high - was it I wonder? Not that that will always protect you, but you're asking for trouble with an overly tight SL on a day like today.

short 100% !!

hm...
http://bunny1980.files.wordpress.com...-sell-sell.jpg

.

G'night all, gotta shoot, see some of you next time I'm on, and oh, what a shitty day's trading that one was, hope some of you made some money!

WTF is Happening Where IS Bears ???

Eur has stuck on 1.2890- 1.2900

i need EUR like 1.2550 hahahhahha

Oh Come On bears Lets Dance Now ...


Long Will Sleep Long

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