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  • #587,181
  • Jan 23, 2012 9:40am Jan 23, 2012 9:40am
Quoting attila
There is a 1:10 r/r for a short here.

same brained i guess - look at gold carefully u can squeeze in 1:10 short there as well.
Have I got something on my face, SOLDIER?
  • #587,182
  • Jan 23, 2012 9:41am Jan 23, 2012 9:41am
Price already broke support at the bottom of the triangle but im not goin to waste a good chart. pending buy order at 1.0088. Doubt it'll get filled but ill keep it open until NY close
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  • #587,183
  • Jan 23, 2012 9:42am Jan 23, 2012 9:42am
Opened more short @ 1.3042
New voice message: Why are you calling me? If I need you, I'll call you!
  • #587,184
  • Jan 23, 2012 9:43am Jan 23, 2012 9:43am
Quoting mkvy
Why is everyone hoping its going to drop.... Surely its plain to see that the euro for now is getting stronger... No wonder 90 percent of traders fail living on a wing and a prayer...

If you did not go long when london opened and the breakout occurred then you should go back and read the dummies guide to the obvious
There is one good reason to watch 45/50.

That is the area where most likely fast money takes profit and reverse.

Above would be 1.3070/80
They think they are smarter than I am.
  • #587,185
  • Jan 23, 2012 9:47am Jan 23, 2012 9:47am
Quoting bumapatria
same brained i guess - look at gold carefully u can squeeze in 1:10 short there as well.
Can't man. My fucking government thinks I'm too stupid to trade metals.
  • #587,186
  • Jan 23, 2012 9:47am Jan 23, 2012 9:47am
Every moves above 1,3030 seem a good short for 1,298x and maybe 1,295x
COT: The precious data ignored
  • #587,187
  • Jan 23, 2012 9:50am Jan 23, 2012 9:50am
The Euro has closed well above the 1.3000 so that should hold on the way down.
  • #587,188
  • Jan 23, 2012 9:52am Jan 23, 2012 9:52am
So far this is going well.

Quoting Razorman
Looks like the euro may be in for a bit of bullish price action.
http://www.youtube.com/watch?v=ANCN0...n47Z289f-86DcD
  • #587,189
  • Jan 23, 2012 9:54am Jan 23, 2012 9:54am
Quoting Z3iz3i
I am pretty sure there will come one to try 45/50.

This last spike was just "generic" 10 pips but without any force.
hope you got your short , i am waiting for 50 , looks after London USA might test 72
Mohan
  • #587,190
  • Jan 23, 2012 9:56am Jan 23, 2012 9:56am
Quoting KillerWhale
Moved stop to 1.3085
hmmm - basically its not in the sense of a sl to move it in that way

wish u the best with this trade ;-)
Pecunia non olet
  • #587,191
  • Jan 23, 2012 9:56am Jan 23, 2012 9:56am
From my view possible the EU go further up to 1.32453 if break the 1.30770...
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  • #587,192
  • Jan 23, 2012 9:56am Jan 23, 2012 9:56am
Inserted Video
  • #587,193
  • Jan 23, 2012 9:59am Jan 23, 2012 9:59am
Quoting mohan76
hope you got your short , i am waiting for 50 , looks after London USA might test 72
Not yet, buyers are playing smart.

They have not really shown the force Really booring.
They think they are smarter than I am.
  • #587,194
  • Jan 23, 2012 10:01am Jan 23, 2012 10:01am
Quoting mohan76
hope you got your short , i am waiting for 50 , looks after London USA might test 72
yes we can see a test of 1.307 in ny session . but the real question is from where exactly ' with some real retrace or without any big retrace ? any ways there is some resistance at 1.305 region but can be cleared with this kind of Price action within few hrs
finding A M S
  • #587,195
  • Jan 23, 2012 10:04am Jan 23, 2012 10:04am
...
Quoting mkvy
Why is everyone hoping its going to drop.... Surely its plain to see that the euro for now is getting stronger... No wonder 90 percent of traders fail living on a wing and a prayer...


Cant speak for other traders here, but for myself i want it to drop back so I can add to my long position for a cheaper price.

Im expecting this thing to run with the bulls for quite sometime.

Support seems to be building in at 1.288

No matter if it breaks further as the Primary Trend in the long run is up.

If you did not go...
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  • #587,196
  • Jan 23, 2012 10:05am Jan 23, 2012 10:05am
Quoting Z3iz3i
Not yet, buyers are playing smart.

They have not really shown the force Really booring.
i took 462 and on be (i don't feel good) , it going to test 72 today , time for bed (3 am)
Mohan
  • #587,197
  • Jan 23, 2012 10:06am Jan 23, 2012 10:06am
Quoting mkvy
Why is everyone hoping its going to drop.... Surely its plain to see that the euro for now is getting stronger... No wonder 90 percent of traders fail living on a wing and a prayer...

If you did not go long when london opened and the breakout occurred then you should go back and read the dummies guide to the obvious
Eurozone still crap, man...
big picture is bearish...
my opinion but miracles can happen...
I think it dont bounce @3055 area...
  • #587,198
  • Jan 23, 2012 10:10am Jan 23, 2012 10:10am
Short term short position at 3060-3080 is a good move, but be aware that this thrust migh not stop till higher up:

http://www.forexfactory.com/showthre...06#post5318806
  • #587,199
  • Jan 23, 2012 10:11am Jan 23, 2012 10:11am
100 or more down pip and and
30550
4 h close above Resistance
  • #587,200
  • Jan 23, 2012 10:15am Jan 23, 2012 10:15am
My analysis...sell at 1.3040 and add small sell at 1.3145 sl 1.3215 tp 1.2916-1.2836 RRR= 1.1657 better trade ..good luck
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