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  • #10,581
  • Feb 3, 2012 8:04am Feb 3, 2012 8:04am
Very surprised we didnt break 1.32... given the nos obtained.. may be because people are not ready to buy the Euro?
  • #10,582
  • Feb 3, 2012 8:09am Feb 3, 2012 8:09am
why not? We are hovering within or above demand... for as long as 1.308 is not broken...

Quoting Munal
Buy the dips...........?
  • #10,583
  • Feb 3, 2012 8:11am Feb 3, 2012 8:11am
Quoting egkid
3125 reached.
Now the real deal @3080
Here u go mate!
  • #10,584
  • Feb 3, 2012 8:13am Feb 3, 2012 8:13am
Quoting BrunargarFx
if 3080 is breached, I would see a pullback in the 29 area before another upmove targetting possibly 1.35- 1.37 before Greece default for good.
the zone=50 pip
3080 to 3030 under it no buy for me.
I buy@3080
  • #10,585
  • Feb 3, 2012 8:14am Feb 3, 2012 8:14am
Quoting Munal
Buy the dips...........? or sell the break...... confused
This is the difference of 2011 and 2012 NFP. Actually after initial spike vs dollar, there is a sell off, risk off appetite of cross currencies that actually contributes to USD strength. Check UJ, it has been a NFP mover for a long time.
  • #10,586
  • Feb 3, 2012 8:21am Feb 3, 2012 8:21am
Quoting T@rantula
This is the difference of 2011 and 2012 NFP. Actually after initial spike vs dollar, there is a sell off, risk off appetite of cross currencies that actually contributes to USD strength. Check UJ, it has been a NFP mover for a long time.
eur should stall here at 1.306 and reverse to 1.315 ' lets see '
finding A M S
  • #10,587
  • Feb 3, 2012 8:22am Feb 3, 2012 8:22am
Quoting T@rantula
This is the difference of 2011 and 2012 NFP. Actually after initial spike vs dollar, there is a sell off, risk off appetite of cross currencies that actually contributes to USD strength. Check UJ, it has been a NFP mover for a long time.

good nfp long cadjpy bad nfp short cadjpy was the call mate yeah UJ am not that much in that pair but best is to trade cross currencies on NFP rather then EURUSD to avoid spike...... especially in case of me.....
  • #10,588
  • Feb 3, 2012 8:24am Feb 3, 2012 8:24am
Quoting egkid
the zone=50 pip
3080 to 3030 under it no buy for me.
I buy@3080
I agree,
There should be a pullback now to 1.312 - 1.314.
Woudl be a good place to short from there
  • #10,589
  • Feb 3, 2012 8:25am Feb 3, 2012 8:25am
Quoting Munal
good nfp long cadjpy bad nfp short cadjpy was the call mate yeah UJ am not that much in that pair but best is to trade cross currencies on NFP rather then EURUSD to avoid spike...... especially in case of me.....
I dont trade cadjpy but thanx for the info. We are having a pattern change. USD is actually gaining strength with good NFP as contrary to EU gaining strength last 2 years.

Initial spike is 80 % of main trend direction ( intraweek) then it may give a CONTINUATION ( in that case u enter on retracement) or REVERSAL (entry on Pattern break or level retest break). I did that with M 1 2 3 sell off pattern.
  • #10,590
  • Feb 3, 2012 8:26am Feb 3, 2012 8:26am
First time here guys... nice thread.
Dont usually get to day trade due to work but now on holliday...
long AUD on first pullback
Out @ resistance
2 positions for 16 & 17 pips
Attached Image
  • #10,591
  • Feb 3, 2012 8:27am Feb 3, 2012 8:27am
Quoting rustyjeff
First time here guys... nice thread.
Dont usually get to day trade due to work but now on holliday...
long AUD on first pullback
Out @ resistance
2 positions for 16 & 17 pips
Welcome aboard Jeff!
  • #10,592
  • Feb 3, 2012 8:29am Feb 3, 2012 8:29am
Quoting T@rantula
Here u go mate!
Thank u T
It's really not a complement but it's True on ur thread are best place for real traders.Thanks for your effort
  • #10,593
  • Feb 3, 2012 8:31am Feb 3, 2012 8:31am
PS:

I see where you are coming from.
Today was the last shot to break 1.32. On the longer term (next weeks), what I see now is probably a move down to 1.30 possibly 1.29 - 1.285. (extreme) before an agreement is made with Greece. Ideally I would buy around 1.30 targetting higher levels.

looking at the M15 candle, I see we are moving up, with good selling opportunity at1.3115 and 1.315 area.

NY open, let see...




Quoting egkid
the zone=50 pip
3080 to 3030 under it no buy for me.
I buy@3080
  • #10,594
  • Feb 3, 2012 8:32am Feb 3, 2012 8:32am
Quoting rustyjeff
First time here guys... nice thread.
Dont usually get to day trade due to work but now on holliday...
long AUD on first pullback
Out @ resistance
2 positions for 16 & 17 pips

Welcome to thread Jeff.. you contribution will highly be appreciated.
  • #10,595
  • Feb 3, 2012 8:40am Feb 3, 2012 8:40am
Quoting egkid
Thank u T
It's really not a complement but it's True on ur thread are best place for real traders.Thanks for your effort
Welcome mate. Real traders will always find a safe place a home here, while fakes are long gone It has to be like that.
  • #10,596
  • Feb 3, 2012 8:44am Feb 3, 2012 8:44am
Careful with shorts..

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  • #10,597
  • Feb 3, 2012 8:49am Feb 3, 2012 8:49am
1.308 no broken but the mood is bearish.
I am long 1.308 but looking for a place to short (more bearish now)
If i see a double bottom at 1.308, I will revert to bullish
For the moment we are still ranging 1.3080 - 1.32 zone


Quoting T@rantula
Careful with shorts..

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  • #10,598
  • Feb 3, 2012 8:52am Feb 3, 2012 8:52am
Hi T.,
You mean no appetite for Euro hence down?
Quoting T@rantula
This is the difference of 2011 and 2012 NFP. Actually after initial spike vs dollar, there is a sell off, risk off appetite of cross currencies that actually contributes to USD strength. Check UJ, it has been a NFP mover for a long time.
  • #10,599
  • Feb 3, 2012 9:03am Feb 3, 2012 9:03am
Quoting egkid
Currently on 30 min TF show PA need to go down at least 3125
PA will go back to this point as my 30 min tf say so.
brb b back after couple of H to c
  • #10,600
  • Feb 3, 2012 9:09am Feb 3, 2012 9:09am
you meant go up 3125?
Quoting egkid
PA will go back to this point as my 30 min tf say so.
brb b back after couple of H to c
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