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EURUSD

  • #601,001
  • Feb 28, 2012 7:00am Feb 28, 2012 7:00am
70.8 Higher than expected 63.0
  • #601,002
  • Feb 28, 2012 7:02am Feb 28, 2012 7:02am
yeah...fundies spike it up...let's watch...i'm still short bias though
  • #601,003
  • Feb 28, 2012 7:03am Feb 28, 2012 7:03am
Quoting FXMastermind
long @ 20 but not really confident about this...
not very confident either
lets see
  • #601,004
  • Feb 28, 2012 7:04am Feb 28, 2012 7:04am
bye bye market i have better think to (sleeping) then watching this crazy moves

happy trading

Edit : shorted dax (covert for 30 points [pip 300 / 3000] )
Mohan
  • #601,005
  • Feb 28, 2012 7:06am Feb 28, 2012 7:06am
Next M30 close will decide the fate tonight. H4 bearish too. May the bears win the fight!
  • #601,006
  • Feb 28, 2012 7:06am Feb 28, 2012 7:06am
Quoting FXMastermind
long @ 20 but not really confident about this...
bailed @32 for 12 green ones...phew.

EDIT: ...and as I watch PA, I couldnīt do any better. Lucky me. What a stupid idea that position was
Quant Hedge Fund CEO
  • #601,007
  • Feb 28, 2012 7:09am Feb 28, 2012 7:09am
Quoting FXMastermind
bailed @32 for 12 green ones...phew.

EDIT: ...and as I watch PA, I couldnīt do any better. Lucky me. What a stupid idea that position was
very smart to get out
A picture is worth 1000 words.. A chart is worth 1000 pictures
  • #601,008
  • Feb 28, 2012 7:10am Feb 28, 2012 7:10am
Pocketed 33 green pips...now watching for 3385 then 3365...
  • #601,009
  • Feb 28, 2012 7:11am Feb 28, 2012 7:11am
70pips yea...
  • #601,010
  • Feb 28, 2012 7:11am Feb 28, 2012 7:11am
God bless Ireland, they will have referendum on Fiscal Compact, everything tanks, EU getting seriously ass raped, lubeless...

My Aussie short almost 50 pips in profit, muhahaha...

btw., levels to watch to the downside, 3393 and 3365
Quant Hedge Fund CEO
  • #601,011
  • Feb 28, 2012 7:12am Feb 28, 2012 7:12am
Quoting ijan112
70pips yea...
great work!
  • #601,012
  • Feb 28, 2012 7:13am Feb 28, 2012 7:13am
Quoting mohan76
bye bye market i have better think to (sleeping) then watching this crazy moves
I think you're right Mohan

I've made beer and steak money but it's been hard.

Think I'll try a bottle of wine and a nice hot bath

  • #601,013
  • Feb 28, 2012 7:15am Feb 28, 2012 7:15am
caught the move, took final profits @3400, regretting a bit, now sitting on my hands not to jump in again at the last moment.
  • #601,014
  • Feb 28, 2012 7:16am Feb 28, 2012 7:16am
EUR/USD update

Long term downtrend that was built since August. Now it's still on the long-term downtrend.

This month up to now, she was supported by some good news from EUROPE where there are many countries who should have gone default and could not be saved.

At the time being, It seems no more good news to support. I hope EU will go to its old trend. The Down is soon.
Trade your plan.
  • #601,015
  • Feb 28, 2012 7:17am Feb 28, 2012 7:17am
4 hr and 1 hr both just starting to get in negative territory on zerolag macd....i'm shorting here at 1.34
  • #601,016
  • Feb 28, 2012 7:17am Feb 28, 2012 7:17am
Quoting yperite
caught the move, took final profits @3400, regretting a bit, now sitting on my hands not to jump in again at the last moment.
doesn't matter as long as it is green. the next 2 support level is gonna be a challenge. take a break sip some beer watch the bulls and bears fight
  • #601,017
  • Feb 28, 2012 7:18am Feb 28, 2012 7:18am
Quoting jezek5
Price now 3413,looking for a push up to around
3430 to sell down to 3300,we'll see then.
Took its time to get going but looking ok now.
Just a bit concerned about this bloody bid that keeps showing up.
Attached Image (click to enlarge)
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You can remain irrational longer than you can remain solvent.
  • #601,018
  • Feb 28, 2012 7:20am Feb 28, 2012 7:20am
I'm a bit lost now but I like it
  • #601,019
  • Feb 28, 2012 7:21am Feb 28, 2012 7:21am
FDIC says Q4 bank revenue drops USD 8.3 bln...

This is also huge, it havenīt happened for like a few decades. That will drag financial stocks down...
Quant Hedge Fund CEO
  • #601,020
  • Edited 7:27am Feb 28, 2012 7:22am | Edited 7:27am
Current downdraft caused by Ireland saying it will hold a referendum on EU fiscal compact... the clarification just hitting the wires now.... only 12 of the 17 members need to approve the compact, so even if Ireland fails to vote for passage, the EU compact stands... in effect, the cause of the sell off is for nothing... it doesn't matter what Ireland does.

Should end the downturn.... but weak technicals make longs unappealing short term
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