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EURUSD

  • #589,181
  • Jan 27, 2012 11:19am Jan 27, 2012 11:19am
Quoting Z3iz3i
Oh man, it is not going to spike yet.
It probably won't
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  • #589,182
  • Jan 27, 2012 11:19am Jan 27, 2012 11:19am
Quoting Z3iz3i
Oh man, it is not going to spike yet.
it will soon , i am closing my book now

Happy trading & have a great weekend
Mohan
  • #589,183
  • Jan 27, 2012 11:20am Jan 27, 2012 11:20am
Quoting micho
some nice numbers to look at

1.310x
1.324x
1.330x
1.346x ?
1.373x ?

1 down, 2 to go

funny how everyone here is short, while price keeps getting higher
When life gives you lemons, make lemonade
  • #589,184
  • Jan 27, 2012 11:20am Jan 27, 2012 11:20am
Quoting mohan76
it will soon , i am closing my book now

Happy trading & have a great weekend
You too
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  • #589,185
  • Jan 27, 2012 11:20am Jan 27, 2012 11:20am
12/21/2011 Close = 1.3197

1/27/2012 Intraday High = 1.31935

Curious?????

Are there any more guest at the door?
  • #589,186
  • Jan 27, 2012 11:21am Jan 27, 2012 11:21am
I got into the sell too soon...
always, i have been waiting all day ...
but damn it ....
just wait 5 minutes only....
shit ... what a Friday
Up down up down up down up down up

is it gonna go down again???
  • #589,187
  • Jan 27, 2012 11:21am Jan 27, 2012 11:21am
Quoting mohan76
it will soon , i am closing my book now

Happy trading & have a great weekend

Yup, you too.

It is spiking now, watching 1.3202
They think they are smarter than I am.
  • #589,188
  • Jan 27, 2012 11:22am Jan 27, 2012 11:22am
we have just put in a new high of the year and lots of you shorting to pick a top, which means we probably will see some more stops taken before heading down..
  • #589,189
  • Jan 27, 2012 11:22am Jan 27, 2012 11:22am
Quoting micho
1 down, 2 to go

funny how everyone here is short, while price keeps getting higher
most of the trader use sl here ,and we make money on short , we can't afford to take long @ resistant
Mohan
  • #589,190
  • Jan 27, 2012 11:23am Jan 27, 2012 11:23am
so my patience paid off

was long from 1.3123 and exits 1.3188 as its lunch time now. Up 115 pips for the week. Very happy. All of u have a nice weekend. See u all Monday.
If the gap down on Sun is not more than 20-25 pips then I see more long legs
  • #589,191
  • Jan 27, 2012 11:24am Jan 27, 2012 11:24am
i think it will touch 3200 today
  • #589,192
  • Jan 27, 2012 11:24am Jan 27, 2012 11:24am
Quoting boy
short 1.3184 , no stop loss
I'm in at 1.3189, but with a tight sl
  • #589,193
  • Jan 27, 2012 11:25am Jan 27, 2012 11:25am
everyone is shorting it because there is no legit reason its going up and there is a ton of resis at these levels that has held for the entire week. its obvious the EUR-USD is in a correction right now, but its waiting on the pullback to the 1.2965 level. whether its today or early next week is up to PA

Quoting micho
1 down, 2 to go

funny how everyone here is short, while price keeps getting higher
  • #589,194
  • Jan 27, 2012 11:25am Jan 27, 2012 11:25am
light this bear...there is probability to wait for strong bears
  • #589,195
  • Jan 27, 2012 11:27am Jan 27, 2012 11:27am
So interesting situation now on EURUSD.
There's a massive amount of bears' STOP LOSS orders above 1,3200 area.
If price breaks through 1,3210 it will (as always) trigger a chain reaction, executing all those stop orders one by one, creating a nice long green candle high above 1.3200
Anyway I stay out of the market ;-)
Read Charts - Not Papers
  • #589,196
  • Jan 27, 2012 11:27am Jan 27, 2012 11:27am
Quoting aarontdang
I got into the sell too soon...
always, i have been waiting all day ...
but damn it ....
just wait 5 minutes only....
shit ... what a Friday
Up down up down up down up down up

is it gonna go down again???
same here wait all day soon as I sell it goes up bigtime
  • #589,197
  • Jan 27, 2012 11:30am Jan 27, 2012 11:30am
Tip for Monday

GBP has not seen a red day in 2 weeks.
Time for a short there.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #589,198
  • Jan 27, 2012 11:30am Jan 27, 2012 11:30am
Quoting halkins
So interesting situation now on EURUSD.
There's a massive amount of bears' STOP LOSS orders above 1,3200 area.
If price breaks through 1,3210 it will (as always) trigger a chain reaction, executing all those stop orders one by one, creating a nice long green candle high above 1.3200
Anyway I stay out of the market ;-)
Indeed, agree 100%. Why so simple as that ?
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  • #589,199
  • Jan 27, 2012 11:31am Jan 27, 2012 11:31am
Quoting boy
light this bear...there is probability to wait for strong bears
personally feel that the rocket will light first, very quickly to 1.32.. lots of stops, too easy for the pros
  • #589,200
  • Jan 27, 2012 11:32am Jan 27, 2012 11:32am
Quoting KillerWhale
Even if it gets higher, I'm sure somewhere next week it will come back.
I'm sure as well.
It might go up until 1,327x area...but it should retrace back below 1,3070
COT: The precious data ignored
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