Attachments: EURUSD

EURUSD

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#587,521
Jan 24, 2012 5:05am Jan 24, 2012 5:05am

kuroro001
Joined Jul 2007 | Status: Trader | 17,796 Posts

Bounced off 1,298x....out from 1,3055.

Waiting for the next setup...maybe during NY

EDIT : still no bullish setup...

COT: The precious data ignored

#587,522
Jan 24, 2012 5:08am Jan 24, 2012 5:08am

Mr.MaginCole
| Commercial User | Joined Nov 2010 | 630 Posts

Quoting Alexone

Disliked

Im buying from 1.3004 but i set my SL to BE now as im not sure about the bullish continuation. However, i cant SELL this as im not sure about that either. Dilemmas...thats what Forex is all about. So, on that note, i have my TP, i have my min BE, am going to bed see u later. Gl

Ignored

Thats a wise decision mate. Because I see 3072 is a hot spot...i think price action has been trying to smack it. (look at january 3rd) i have a fib from 1.3072 and 1.2623.

#587,523
Jan 24, 2012 5:11am Jan 24, 2012 5:11am

krunfx
Joined Jun 2009 | Status: Carry Trader that not want interest | 2,016 Posts

bearish on euro

we need to consider snb also...since euro swiss is below 1.2060....

snb will intervene with buying alot of euro...should be carefull...

just a reminder for u all

Bismillah

#587,524
Jan 24, 2012 5:24am Jan 24, 2012 5:24am

Azinvg
| Joined Oct 2009 | Status: Trader | 400 Posts

I believe this is wave a of wave 4, and is exhausting so I'm waiting for 1.3045 to short it and then short it everytime it goes up until 1.3250

#587,525
Jan 24, 2012 5:30am Jan 24, 2012 5:30am

Passerby
| Joined Jan 2012 | Status: Droid master | 894 Posts

The range became very short, watch out for a break. Note the volume, market is active.

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#587,526
Jan 24, 2012 5:38am Jan 24, 2012 5:38am

lsolanki
| Commercial User | Joined Jan 2012 | 199 Posts

getting pips every time i go long for today.....nice price movement

you are the creator of your own destiny-Shivyog

#587,527
Jan 24, 2012 5:39am Jan 24, 2012 5:39am

Z3iz3i
Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts

A bit hilarious read msgs that tell short short....

Not a good idea to short at support where there algos buying.

There is tick-based decimal trading going on now... if you do not have platform with 5th decimal, it gets hard.

This most likely will be roughly 1.3-1.3050 trading for a while.

They think they are smarter than I am.

#587,528
Jan 24, 2012 5:40am Jan 24, 2012 5:40am

muhdhafiz
Joined Aug 2011 | Status: Trader | 340 Posts

Quoting Z3iz3i

Disliked

A bit hilarious read msgs that tell short short....

Not a good idea to short at support where there algos buying.

There is tick-based decimal trading going on now... if you do not have platform with 5th decimal, it gets hard.

This most likely will be roughly 1.3-1.3050 trading for a while.

Ignored

Agreed

#587,529
Jan 24, 2012 5:42am Jan 24, 2012 5:42am

Razorman
| Commercial User | Joined Apr 2007 | 794 Posts

Looks like the 1.3000 area is now acting as support. The euro is having a hard time breaking it. If it keeps failing it will break up.

#587,530
Jan 24, 2012 5:45am Jan 24, 2012 5:45am

cat
Joined Oct 2010 | Status: Trader | 5,442 Posts

a lot of people getting cut to pieces today. I have the price stuck in ni man's land on the H1 chart, with my MAs far apart and in no order for a buy or sell. Easy day to get frustrated and lose money.

#587,531
Jan 24, 2012 5:46am Jan 24, 2012 5:46am