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  • #589,001
  • Jan 27, 2012 6:42am Jan 27, 2012 6:42am
EURUSD M15 did retrace to 0.38 fibo level at 1.3131 and is now heading upwards.
.:: your stop loss is another trader's first target ::.
  • #589,002
  • Jan 27, 2012 6:44am Jan 27, 2012 6:44am
Short @ 1.3150 TP: 1.307x
Teaching while learning and learning while teaching
  • #589,003
  • Jan 27, 2012 6:45am Jan 27, 2012 6:45am
Quoting chess king
Euro R 3152 did not break and go long before testing 3115.
I will not buy now. IMHO
Yeah, I did notice that 1.3156 is the first level of resistance. I might take early profit at that level if the price can't break that level.
'For the market to work, it needs people who think that they can beat it.'
  • #589,004
  • Jan 27, 2012 6:46am Jan 27, 2012 6:46am
Quoting chess king
Euro R 3152 did not break and go long before testing 3115.
I will not buy now. IMHO
It bounced off 1,312x with increasing vol...it was a good buy down there.

Edit : too many sellers at 1,3150...good things for the squeezers
COT: The precious data ignored
  • #589,005
  • Jan 27, 2012 7:00am Jan 27, 2012 7:00am
Quoting kuroro001
It bounced off 1,312x with increasing vol...it was a good buy down there.

Edit : too many sellers at 1,3150...good things for the squeezers
Only a little time for the news ... I'll know the direction..
  • #589,006
  • Jan 27, 2012 7:01am Jan 27, 2012 7:01am
Open long 1.3148. SL 1.3074, TP 1.3184. Anyone would like to share?
Trade2Win
  • #589,007
  • Edited 8:09am Jan 27, 2012 7:06am | Edited 8:09am
Quoting Forex-novice
may i ask what brought you to figures as low as 1.3040 -1.3060?
it was very strong fib level support, but now it doesn't matter,cause support of 1.3080 was strong enough not to pass threw it i believe we are going up right now after this retracement, i hope so
(It's not an advise, use your own head..)
  • #589,008
  • Jan 27, 2012 7:11am Jan 27, 2012 7:11am
Short from 1.3150 SL .3180 TP .31 & Pending short from 1.3180 SL .3210. NY just opened. Let's see what happens...
  • #589,009
  • Jan 27, 2012 7:12am Jan 27, 2012 7:12am
Quoting supersub
Open long 1.3148. SL 1.3074, TP 1.3184. Anyone would like to share?
For me, taking long to a formation that looks like a bull flag is on the lower area of the flag to minimize risk and give more room for profit. For the current case, If I want to take long I would like to enter trade around 1.31200 to 1.31250 and put sl at 1.31125. But it just me, and I could be wrong.

Waiting for short at1.317xx SL would be around 1.325xx and TP @1.3065. Yeah I know and I think it would go around 1.32000, but there is a possibility that my big bro would stepping ahead of us and start shorting before 1.32000. They would be leaving us with a big grin because they wouldn't give us a chance to short at that level, as everyone lining their short at those level.
  • #589,010
  • Jan 27, 2012 7:15am Jan 27, 2012 7:15am
Quoting kuroro001
Cheers!

You can't vouch..you need at least 4 vouches to vouch for someone.
But the system is fucked up...do not waste your time with it
Thanks, mate. I only wanted to vouch for you since I really appreciate your insight and helpfulness.
  • #589,011
  • Jan 27, 2012 7:15am Jan 27, 2012 7:15am
Quoting Passerby
For me, taking long to a formation that looks like a bull flag is on the lower area of the flag to minimize risk and give more room for profit. For the current case, If I want to take long I would like to enter trade around 1.31200 to 1.31250 and put sl at 1.31125. But it just me, and I could be wrong.
That's a tight trade. I am not always right. We shall see later how it works out. Hope I am right
Trade2Win
  • #589,012
  • Jan 27, 2012 7:16am Jan 27, 2012 7:16am
Increasing vol right under the 1,3150 resistance and before the US news...watch out
COT: The precious data ignored
  • #589,013
  • Jan 27, 2012 7:17am Jan 27, 2012 7:17am
http://www.livestream.com/worldecono...ntent=1_19show

  • #589,014
  • Jan 27, 2012 7:20am Jan 27, 2012 7:20am
nice pennant on 1hr
  • #589,015
  • Jan 27, 2012 7:29am Jan 27, 2012 7:29am
Quoting millelire
nice pennant on 1hr

Let's get ready for a bit of action.
Attached Image (click to enlarge)
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  • #589,016
  • Jan 27, 2012 7:33am Jan 27, 2012 7:33am
nice trap , lucky i did not take any trade

dax showing bear
Mohan
  • #589,017
  • Jan 27, 2012 7:37am Jan 27, 2012 7:37am
Draghi look rather sad, not very convincing for me.
  • #589,018
  • Jan 27, 2012 7:38am Jan 27, 2012 7:38am
2.8% is pretty good to me...better than the previous 1.8%
I wonder what the market wants...a 10% or what ? Equities sell off should not happen
COT: The precious data ignored
  • #589,019
  • Jan 27, 2012 7:40am Jan 27, 2012 7:40am
Quoting kuroro001
2.8% is pretty good to me...better than the previous 1.8%
I wonder what the market wants...a 10% or what ? Equities sell off should not happen
may be robot pressed sell button on red data

32 broken now
Mohan
  • #589,020
  • Jan 27, 2012 7:43am Jan 27, 2012 7:43am
dont like that pb forming on the 4hr - looks like a bull trap to me - I closed half my long position with my entry at 1.3080
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