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  • #587,061
  • Jan 23, 2012 5:18am Jan 23, 2012 5:18am
Buy at 1.2877
Take profit at 1.2918
Stop loss at 1.2848
very nice, good price..!
  • #587,062
  • Jan 23, 2012 5:22am Jan 23, 2012 5:22am
Quoting johncen
they always do so....~~green pips bro
Reverse trade it it works for me !!!

The market can't outsmart me heh heh if I think it's going long, I sell, If I think its' going short, I buy......
  • #587,063
  • Jan 23, 2012 5:27am Jan 23, 2012 5:27am
I think I may have to adopt you strategy PP
  • #587,064
  • Jan 23, 2012 5:29am Jan 23, 2012 5:29am
I just sold, target the low of today.
Anyone with me?
  • #587,065
  • Jan 23, 2012 5:29am Jan 23, 2012 5:29am
Slaugtherhouse lol
  • #587,066
  • Jan 23, 2012 5:31am Jan 23, 2012 5:31am
Quoting tunera
I just sold, target the low of today.
Anyone with me?

im with you bro -

lets push this baby south
  • #587,067
  • Jan 23, 2012 5:31am Jan 23, 2012 5:31am
Long from 2910, TP 1.3. Some days it seems easy (but then you remember last week).
  • #587,068
  • Jan 23, 2012 5:32am Jan 23, 2012 5:32am
Quoting the redlion
yes eventually

federal funds rate for the fed are expected to remain the same, inflation is above target but jobs remain the problem in the US economy.

as far as Europe is concerned the negotiations of Greek Debt haircuts and cupon rate of 4% Is what is driving the Euro UP i believe

the expectation the market is taking is that negotiations will be signed and PSI will take the loss, as expected. Now if negotiations break down then you would see the EURO in a hurry towards 1.20, so far all points to bullish for now.

1.30 is sure to bring...
Oh shutzzz, I was very confident on my longs but after seeing that "the red lion" is long too I'm second guessing myself.
  • #587,069
  • Jan 23, 2012 5:32am Jan 23, 2012 5:32am
Hmm there is a potential for a near term 100pip+ rally if it breaches 1.30 ,as it will trigger a few stops there and will further trigger a few more in the E/J pair as it gets to 100.
Officer ... I swear to drunk I am not God
  • #587,070
  • Jan 23, 2012 5:32am Jan 23, 2012 5:32am
Quoting ali_baba
im with you bro -

lets push this baby south
  • #587,071
  • Jan 23, 2012 5:33am Jan 23, 2012 5:33am
i suspect last set of short sellers came @1.2970 all the way till 1.30. will be surprised if we see 1.3050.

I doubt this rally has more wings and stall here
  • #587,072
  • Jan 23, 2012 5:34am Jan 23, 2012 5:34am
Quoting QuadrupleX
Oh shutzzz, I was very confident on my longs but after seeing that "the red lion" is long too I'm second guessing myself.
so what are you trying to say?

I am your contrarian indicator. On what do you base your assumptions?
AVT INVENIAM VIAM AVT FACIAM
  • #587,073
  • Jan 23, 2012 5:35am Jan 23, 2012 5:35am
the only question is what will be a good price to short eurusd for the smart money. when the news are good and everybody jumping in, thinking he is otherwise missing the big rally, they will sell to the best price they think to get...
.:: your stop loss is another trader's first target ::.
  • #587,074
  • Jan 23, 2012 5:37am Jan 23, 2012 5:37am
the stops were triggered
AVT INVENIAM VIAM AVT FACIAM
  • #587,075
  • Jan 23, 2012 5:38am Jan 23, 2012 5:38am
Quoting the redlion
so what are you trying to say?

I am your contrarian indicator. On what do you base your assumptions?
his stochastics is overbought for 4hrs now on the 15 min shorting every trip higher.
  • #587,076
  • Jan 23, 2012 5:38am Jan 23, 2012 5:38am
Quoting the redlion
the stops were triggered
Yep lets see if it holds now
Officer ... I swear to drunk I am not God
  • #587,077
  • Jan 23, 2012 5:42am Jan 23, 2012 5:42am
i got my pips its almost 4 am here, i am going to sleep. 1.30 breached, someway or another we will hover on this level, will turn into support

levels to watch are 1.3020, 1.350 as usually banks use those numbers

also watch developments on Greek debt negotiations, and federal funds rate on FOMC, as well as projections on interest rate.

anyway igmarforex see you later buddy, leave some pips for me lol for later on
AVT INVENIAM VIAM AVT FACIAM
  • #587,078
  • Jan 23, 2012 5:43am Jan 23, 2012 5:43am
Quoting the redlion
i got my pips its almost 4 am here, i am going to sleep. 1.30 breached, someway or another we will hover on this level, will turn into support

levels to watch are 1.3020, 1.350 as usually banks use those numbers

also watch developments on Greek debt negotiations, and federal funds rate on FOMC, as well as projections on interest rate.

anyway igmarforex see you later buddy, leave some pips for me lol for later on
night man
  • #587,079
  • Jan 23, 2012 5:47am Jan 23, 2012 5:47am
also crude oil should bring some interesting developments.

EU imposed sanctions on IRAN today, that means that oil supply at least for the west will be down, will increase oil prices, Saudi Arabia said 100 usd a barrel is a good price.

this will translate into slowdown in the anemic western economies.... don't forget the floor 1.20 on eur/chf by SNB, they will buy euros and sell CHF to defend it.


to all the newbies LOOK AT THE BIG PICTURE, your chart is ONLY THE TRANSACTION RECORD, of the ECONOMIC ENVIRONMENT.

all patterns mutate and change according to orders.
AVT INVENIAM VIAM AVT FACIAM
  • #587,080
  • Jan 23, 2012 5:48am Jan 23, 2012 5:48am
Quoting tunera
I just sold, target the low of today.
Anyone with me?
I'm with you....
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