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  • #10,601
  • Feb 3, 2012 9:13am Feb 3, 2012 9:13am
Still holding onto the long at 1.3080 and looking for shorts. However, we may have a DB in the making (bounced from support). If we go above 1.315 (ie above 50% retracement @ 1.3136), I'll revert to my bullish feeling.
Right now we are above the 23.6% retracement and targetting the 38.2%
  • #10,602
  • Feb 3, 2012 9:14am Feb 3, 2012 9:14am
Quoting BrunargarFx
Hi T.,
You mean no appetite for Euro hence down?
Its USD strength thus making risk off.
  • #10,603
  • Feb 3, 2012 9:25am Feb 3, 2012 9:25am
Quoting BrunargarFx
you meant go up 3125?
Sure
First post was about go down to it .Now up to it
Magneto Point
  • #10,604
  • Feb 3, 2012 9:38am Feb 3, 2012 9:38am
k thanks,
sorry i missed that (that's what you get by doing several things at once).


Quoting egkid
Sure
First post was about go down to it .Now up to it
Magneto Point
  • #10,605
  • Feb 3, 2012 9:48am Feb 3, 2012 9:48am
Break of 1.312 will bring 1.3136...
I we break above DP, let say 1.315, bulls are still in control
  • #10,606
  • Feb 3, 2012 9:50am Feb 3, 2012 9:50am
Quoting Munal
Welcome to thread Jeff.. you contribution will highly be appreciated.
Thank you.
I know here the euro is mainly traded. which I mainly trade as well but I like to watch the aussie when news comes out as its such a strong currency.
My thought was as the numbers for NFP came out & were good that a stong currency would make a push for the highs.
It has now pushed through the most recent highs & looking to make a run for the next (1.08) level.
opinions would be welcomed... thanks
  • #10,607
  • Feb 3, 2012 10:06am Feb 3, 2012 10:06am
Quoting rustyjeff
Thank you.
I know here the euro is mainly traded. which I mainly trade as well but I like to watch the aussie when news comes out as its such a strong currency.
My thought was as the numbers for NFP came out & were good that a stong currency would make a push for the highs.
It has now pushed through the most recent highs & looking to make a run for the next (1.08) level.
opinions would be welcomed... thanks
Post ur setups charts no matter the pair. All strategies and trades are welcome
  • #10,608
  • Feb 3, 2012 10:14am Feb 3, 2012 10:14am
Quoting rustyjeff
Thank you.
I know here the euro is mainly traded. which I mainly trade as well but I like to watch the aussie when news comes out as its such a strong currency.
My thought was as the numbers for NFP came out & were good that a stong currency would make a push for the highs.
It has now pushed through the most recent highs & looking to make a run for the next (1.08) level.
opinions would be welcomed... thanks
Ideally 1.0800 should provide plenty of resistance, I'd give 30 pips over/under-shoot tolerance but a correction is imminent.
RBA rate cut could come next week, although 25bp's are already priced in.
Longer term this is one of the hardest pairs to predict, but my bias is 1.1200.

Hi everyone else, haven't posted here for quite a while...
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #10,609
  • Feb 3, 2012 10:30am Feb 3, 2012 10:30am
Quoting stulic
Ideally 1.0800 should provide plenty of resistance, I'd give 30 pips over/under-shoot tolerance but a correction is imminent.
RBA rate cut could come next week, although 25bp's are already priced in.
Longer term this is one of the hardest pairs to predict, but my bias is 1.1200.

Hi everyone else, haven't posted here for quite a while...
Hey Stulic, indeed long time no see..
  • #10,610
  • Feb 3, 2012 10:34am Feb 3, 2012 10:34am
hows the spider den doing?
back from bday dinner

raking in profits?
(duh)...

Have I got something on my face, SOLDIER?
  • #10,611
  • Feb 3, 2012 10:37am Feb 3, 2012 10:37am
Happy Birthday then
Quoting bumapatria
hows the spider den doing?
back from bday dinner

raking in profits?
(duh)...

  • #10,612
  • Feb 3, 2012 10:46am Feb 3, 2012 10:46am
Could be a good place to short at 1.311
I have closed my longs: +30 pips
Waiting for break of neckline on M5 to go short
  • #10,613
  • Feb 3, 2012 11:19am Feb 3, 2012 11:19am
Quoting BrunargarFx
Could be a good place to short at 1.311
I have closed my longs: +30 pips
Waiting for break of neckline on M5 to go short
I clean my orders nice profit for risky days.
Wait till next week ,Tomorrow never die
Happy weekend to all
  • #10,614
  • Feb 3, 2012 11:22am Feb 3, 2012 11:22am
Quoting bumapatria
hows the spider den doing?
back from bday dinner

raking in profits?
(duh)...

Hey Buma,

+20 pips today, thou there were members who got 30+ also
  • #10,615
  • Feb 3, 2012 11:23am Feb 3, 2012 11:23am
Quoting egkid
I clean my orders nice profit for risky days.
Wait till next week ,Tomorrow never die
Happy weekend to all
Happy weekend to u 2 mate. It was a nice NFP event.
  • #10,616
  • Feb 3, 2012 11:51am Feb 3, 2012 11:51am
Hi Egkid,
Well done to you. Glad to see you back.

I reloaded long at 1.3126 (short never materialized) and just closed it now: +20 pips
Done for the day too.
Could put a short here (just retested the LTL supporting Bullish trend) but dont want to risk over the Weekend

see you all next week

Quoting egkid
I clean my orders nice profit for risky days.
Wait till next week ,Tomorrow never die
Happy weekend to all
  • #10,617
  • Feb 3, 2012 12:57pm Feb 3, 2012 12:57pm
Quoting prashant7
eur should stall here at 1.306 and reverse to 1.315 ' lets see '
My hope was right ''''''' its accomplished ' we have reached 1.315 from 1.306 '
finding A M S
  • #10,618
  • Feb 3, 2012 1:24pm Feb 3, 2012 1:24pm
Well done m8,
especially on taking a position there. I took a long at 1.3080 and thenanother one at 1.3126
Good place for a short now but it's the Weekend so I'll leave it 'til next week.
We're still in the range 308 - 32. Didnt trade nfp but still surprised we didn't break 1.32... what's your take on it?

Quoting prashant7
My hope was right ''''''' its accomplished ' we have reached 1.315 from 1.306 '
  • #10,619
  • Feb 3, 2012 1:36pm Feb 3, 2012 1:36pm
if anybody can explain:
good nubers with nfp, risk should have been on and we saw gold going down, still dollar went up (instead of down) and now we are back to were with started (beyond 61.8% fibo) so back to bullish territorry...

Just hope they are not going to make a decision on greece over the weekend...
  • #10,620
  • Feb 3, 2012 1:46pm Feb 3, 2012 1:46pm
got my response here: http://www.forexfactory.com/news.php?do=news&id=340531


Quoting BrunargarFx
if anybody can explain:
good nubers with nfp, risk should have been on and we saw gold going down, still dollar went up (instead of down) and now we are back to were with started (beyond 61.8% fibo) so back to bullish territorry...

Just hope they are not going to make a decision on greece over the weekend...
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