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  • #12,341
  • Mar 7, 2012 5:20am Mar 7, 2012 5:20am
Quoting T@rantula
EU is making a retracement. Still capped below 3165-70, important level for today.

For intraday/intraweek traders I suggest selling close to 3165-70, with stops just above 3235.

Intraday levels are:

Attachment
Quoting BrunargarFx
s: 1.315
Missed my entry
SL: 1.318
TP: 1.3070
  • #12,342
  • Mar 7, 2012 5:26am Mar 7, 2012 5:26am
Quoting T@rantula
missed my entry..... by 5 pips 4th day in a row..GRRRR
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,343
  • Mar 7, 2012 5:45am Mar 7, 2012 5:45am
Quoting BlackWid0w
missed my entry..... by 5 pips 4th day in a row..GRRRR
Where was it??
  • #12,344
  • Mar 7, 2012 5:48am Mar 7, 2012 5:48am
Quoting T@rantula
Where was it??
1.3165
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,345
  • Mar 7, 2012 6:07am Mar 7, 2012 6:07am
Quoting BlackWid0w
1.3165
3164 high here....missed by a pip..Lately i have been putting pending orders for such trades.
  • #12,346
  • Mar 7, 2012 6:24am Mar 7, 2012 6:24am
Back and kick
Looking forward to c nice move in US
  • #12,347
  • Mar 7, 2012 6:33am Mar 7, 2012 6:33am
Quoting T@rantula
3164 high here....missed by a pip..Lately i have been putting pending orders for such trades.

missed my exit by a pip, wasn't home and now i completely missed that short Hopefully tomorrow green pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 0703 02.jpg Size: 128 KB
  • #12,348
  • Mar 7, 2012 6:34am Mar 7, 2012 6:34am
Quoting T@rantula
3164 high here....missed by a pip..Lately i have been putting pending orders for such trades.
Very frustrating after all the waiting....so long...

Now will start positions building 5 pips ahead of time....

Hope you are having a nice day..

BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,349
  • Mar 7, 2012 6:37am Mar 7, 2012 6:37am
AUD looks to me Stuck and need to make a Breakout
  • #12,350
  • Mar 7, 2012 6:54am Mar 7, 2012 6:54am
Quoting BlackWid0w
Very frustrating after all the waiting....so long...

Now will start positions building 5 pips ahead of time....

Hope you are having a nice day..

BW
Got some scalps earlier, waiting for ADP...
  • #12,351
  • Mar 7, 2012 7:00am Mar 7, 2012 7:00am
Quoting T@rantula
Got some scalps earlier, waiting for ADP...
AUDheheheh
  • #12,352
  • Mar 7, 2012 7:03am Mar 7, 2012 7:03am
Hey all,
Was just watching a doc on the "portia" spider (assassin spider - only feeds on other spiders, very interesting although not a specialist of spiders).

Here is what I'm looking at on Euro: Two channels on M30 for clarity. Look at how we've bounced nicely within the channel in thick blue lines. This morning I was looking at the channel with thinner blue line and the upmove reverted as soon as it touched it @ 1.3164. This may mark an acceleration in the downmove.

Rejection of 1.317 level to the downside also confirms the downtrend as we've passed the 61.8% of the most recent upmove (ie from 16/02/12)

Now as you can see on the chart 1.3075 is going to be an important level, but the one to really watch is 3050 in my books. Why? Because it's one of my R/S H4 lines but also the 50% fibo retracement of the upmove starting 16/01/12...

We would need strong momentum to break through it.

Somehow, i'm enclined to think that today we will have 1.3075 as support
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 070312 (2).png Size: 32 KB
  • #12,353
  • Mar 7, 2012 7:07am Mar 7, 2012 7:07am
Question:
Just don't understand Why Looks like me no big Interest with AUD from u guys?
  • #12,354
  • Mar 7, 2012 7:21am Mar 7, 2012 7:21am
I dunno. never looked at it to be honest

Quoting egkid
Question:
Just don't understand Why Looks like me no big Interest with AUD from u guys?
  • #12,355
  • Mar 7, 2012 7:21am Mar 7, 2012 7:21am
Quoting egkid
Question:
Just don't understand Why Looks like me no big Interest with AUD from u guys?
As far as i am concerned...I have it on my charts constantly, and I trade it from time to time, also cable and swissy.

TBH mate, i make a living mostly by trading EU, other majors are only a small part of my trading.

You can make a living by trading a pair or 2 u dont need anything beside that believe me
  • #12,356
  • Mar 7, 2012 7:25am Mar 7, 2012 7:25am
Quoting T@rantula
i make a living mostly by trading EU

  • #12,357
  • Mar 7, 2012 7:25am Mar 7, 2012 7:25am
Quoting BrunargarFx
Hey all,
Somehow, i'm enclined to think that today we will have 1.3075 as support
Very possible and a level for long scalp trades
  • #12,358
  • Mar 7, 2012 7:30am Mar 7, 2012 7:30am
Quoting T@rantula
Very possible and a level for long scalp trades
T,

I am looking at 65-75 for longs on euro...as well...
Need to break this low at 14 on eu at present

Just FYI

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,359
  • Mar 7, 2012 7:33am Mar 7, 2012 7:33am
Quoting egkid
Question:
Just don't understand Why Looks like me no big Interest with AUD from u guys?
Hi EG,

I trade majorly EU and AU...Will start posting again from next week..
You can probably understand... why looking at this 40 pips range...

Dont like chop chop ...
Wait for the money to be on the table ....

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,360
  • Mar 7, 2012 7:43am Mar 7, 2012 7:43am
Stocks will probably have a slight boost, furtures also due to good ADP numbers, that will give some retrace to EU, as we can see EU jumped a bit.

Usually stock market and EU go in correlation. When stocks are positive its negative for USDx thus making EU to push higher. Its an initial reaction.

P.S> By the time i was finishing this "article" eu have already had climbed up from 3115 to 3130
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