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EURUSD

  • #590,681
  • Feb 1, 2012 9:02am Feb 1, 2012 9:02am
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  • #590,682
  • Feb 1, 2012 9:04am Feb 1, 2012 9:04am
Quoting spillini
Anything over 57 and we go down.
we go down anyway
but what about the price?
  • #590,683
  • Feb 1, 2012 9:06am Feb 1, 2012 9:06am
Quoting Gdragon
Whats the difference between using real money and leverage money?
when applied, won't they both be the same amount still?
There is no such thing as leverage in real Interbank Forex market, only hard (electronic) cash transactions, leverage is an invention for retail Forex.
They are buying and selling, we are only betting.
Don't get mad, get even!
  • #590,684
  • Feb 1, 2012 9:06am Feb 1, 2012 9:06am
Looks like we are at a real inflection point here of sorts.

If EUR can move higher we are closing on moving into a true uptrend in the mid 1.32 area.

Based on the price action this morning though, we may have some more working out across the chart to do, and maybe not.

The situation bears monitoring closely and trading with close mental stops.

Up or down...

Personally, I took my profits this morning and for the moment, sold short since we are not in a "technical uptrend" as of yet I'm not trading against the trend.

I am looking for that next bottom bounce though to lead us higher as I remain bullish longer term
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd daily 2.jpg Size: 66 KB
Click to Enlarge Name: eurusd daily 3.jpg Size: 62 KB
  • #590,685
  • Feb 1, 2012 9:10am Feb 1, 2012 9:10am
Long 1.3175, TP 1.3245, SL 1.3150
  • #590,686
  • Feb 1, 2012 9:13am Feb 1, 2012 9:13am
The gap on usdx 78.82-78.83 is filled? Tha gaps are higher. I am short. Daily high is survive.
  • #590,687
  • Feb 1, 2012 9:18am Feb 1, 2012 9:18am
we're still on the descendent tl...
looking 4 a good setup 4 a short entry, maybe this could work..
  • #590,688
  • Feb 1, 2012 9:18am Feb 1, 2012 9:18am
Hights keep getting lower and lower .
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 27 KB
  • #590,689
  • Feb 1, 2012 9:21am Feb 1, 2012 9:21am
I can see you EUR traders on my screen right now and u look like:
Attached Image
trading is my zen
  • #590,690
  • Feb 1, 2012 9:24am Feb 1, 2012 9:24am
Quoting ShirleyLo
I can see you EUR traders on my screen right now and u look like:

LMAO!

that is three in the morning, local time, where ever you may be....

  • #590,691
  • Feb 1, 2012 9:29am Feb 1, 2012 9:29am
I am short from 1.3173 with TP 1.3113 and SL 1.3213
  • #590,692
  • Feb 1, 2012 9:30am Feb 1, 2012 9:30am
Quoting ShirleyLo
I can see you EUR traders on my screen right now and u look like:
not at all... its more like this...
Attached Image
  • #590,693
  • Feb 1, 2012 9:32am Feb 1, 2012 9:32am
Quoting ShirleyLo
I can see you EUR traders on my screen right now and u look like:
That is one reason why traders should never do web cam when they trade.
'For the market to work, it needs people who think that they can beat it.'
  • #590,694
  • Feb 1, 2012 9:33am Feb 1, 2012 9:33am
It is only rangeing, breakout happens later and likely upside.

Clearly many get busted today.
They think they are smarter than I am.
  • #590,695
  • Feb 1, 2012 9:36am Feb 1, 2012 9:36am
Quoting forexripper
I am short from 1.3173 with TP 1.3113 and SL 1.3213
im short from 1.3172 with manual Tp and no SL
  • #590,696
  • Feb 1, 2012 9:46am Feb 1, 2012 9:46am
eu 1hour chart it is we call double top??
  • #590,697
  • Feb 1, 2012 9:50am Feb 1, 2012 9:50am
Quoting moumou
eu 1hour chart it is we call double top??
no.. it's called baboon on the top..
Attached Image
  • #590,698
  • Feb 1, 2012 9:53am Feb 1, 2012 9:53am
Quoting Z3iz3i
It is only rangeing, breakout happens later and likely upside.

Clearly many get busted today.
Around London close I reckon, seems to be around that time all week
  • #590,699
  • Feb 1, 2012 9:57am Feb 1, 2012 9:57am
i'm getting ticked off by this sideways PA nonsense.
  • #590,700
  • Feb 1, 2012 10:01am Feb 1, 2012 10:01am
triple top at 1,32?
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Jewel1996