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EURUSD

  • #624,701
  • Apr 12, 2012 7:49pm Apr 12, 2012 7:49pm
looking to sell below 1.3160
  • #624,702
  • Apr 12, 2012 7:51pm Apr 12, 2012 7:51pm
Quoting Hookem28
Short 1.3207
Hit the 50 Fib.
This is a short term trade for ~30 pips. If the 4-Hour candle closes above the 50 Fib I'll close out.
Took profit at 1.3172 (+35)
  • #624,703
  • Apr 12, 2012 7:52pm Apr 12, 2012 7:52pm
weak chinese data and if US data is strong, - can lead to huge downside movement if 1.316 is broken..? what u guys think ><
  • #624,704
  • Apr 12, 2012 7:52pm Apr 12, 2012 7:52pm
Quoting ForExtraPips
If the market in the following period trades above the pivot point it usually means it's a bullish sentiment, but if trading below the pivot point then it's seen as bearish. So, after price touched the pivot, it went back up. A lot of buy, sell orders and tp are placed by pivot points, S/R.
I was actually thinking more like medium term. Of course it might bounce off a pivot...but china's gdp won't change so it might break through.


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What would be the fundamentals behind new EU high with such little retrace (not to mention Italy's failed bond auction yesterday).

Edit: glad I held on to my shorts...i'm going for the whole ride
  • #624,705
  • Apr 12, 2012 7:54pm Apr 12, 2012 7:54pm
Quoting xandi
You will see the up, not! the fibo 50% on hight TF is almost the most important point to watch in forex...and went there already 2 times, so double top, down expected...And when I was refering to AB=CD, if you want, call it "butterfly completed", for those who donīt know itīs explained on dinapoly book "trading levels", and well explained by Sive Morten every day...
I'm not talking about a 100 or 200 pip move up. I'm talking about whenever price touches the pivot point, it will then bounce up, if it was falling towards it. Just like it did right now.
Time turns trend. - W.D. Gann
  • #624,706
  • Apr 12, 2012 8:04pm Apr 12, 2012 8:04pm
I need 100 pips more south for EU and 100 pips more north for ucad.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #624,707
  • Apr 12, 2012 8:05pm Apr 12, 2012 8:05pm
Quoting Razvan
I was actually thinking more like medium term. Of course it might bounce off a pivot...but china's gdp won't change so it might break through.


http://www.youtube.com/watch?v=CbiPDSxFgd8

What would be the fundamentals behind new EU high with such little retrace (not to mention Italy's failed bond auction yesterday).

Edit: glad I held on to my shorts...i'm going for the whole ride
ahhh boyy!! youīre the machinist and I was the ticket guy!!! fack that I jumped off the train when I saw a few coins in the street outside!!iīm injured and idiot!
  • #624,708
  • Apr 12, 2012 8:06pm Apr 12, 2012 8:06pm
Quoting Dyekid217
looking to sell below 1.3160
That's what I'm watching out for, to see if it falls below 1.3156
Time turns trend. - W.D. Gann
  • #624,709
  • Apr 12, 2012 8:13pm Apr 12, 2012 8:13pm
Quoting KillerWhale
I need 100 pips more south for EU and 100 pips more north for ucad.
that's too greedy let wait and see London interpretation of this news
Mohan
  • #624,710
  • Apr 12, 2012 8:24pm Apr 12, 2012 8:24pm
50 pips after 2 h slept
Think Different
  • #624,711
  • Apr 12, 2012 8:32pm Apr 12, 2012 8:32pm
Quoting Tobinguyen
50 pips after 2 h slept
for someone who was only to scalping a brief short...was my talking to you that made you think about things?
  • #624,712
  • Apr 12, 2012 8:32pm Apr 12, 2012 8:32pm
Quoting mohan76
that's too greedy let wait and see London interpretation of this news
Okay, I'll settle for 97 pips
New voice message: Why are you calling me? If I need you, I'll call you!
  • #624,713
  • Apr 12, 2012 8:41pm Apr 12, 2012 8:41pm
Quoting xandi
for someone who was only to scalping a brief short...was my talking to you that made you think about things?
Yep, I trade weekly for my small orders ,sir
Think Different
  • #624,714
  • Apr 12, 2012 8:47pm Apr 12, 2012 8:47pm
sh
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  • #624,715
  • Apr 12, 2012 8:52pm Apr 12, 2012 8:52pm
Quoting KillerWhale
Okay, I'll settle for 97 pips
Is this MF going further up or not? Someone Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeezzzzzzzzzzzzzzz help me.
The Thief of Wall Street
  • #624,716
  • Apr 12, 2012 8:53pm Apr 12, 2012 8:53pm
Quoting ForExtraPips
That's what I'm watching out for, to see if it falls below 1.3156
I'm with you. I do think however a correction after the weeks gain is due
  • #624,717
  • Apr 12, 2012 8:54pm Apr 12, 2012 8:54pm
Quoting Chicky
Is this MF going further up or not? Someone Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeezzzzzzzzzzzzzzz help me.
50 pips down, then up
Think Different
  • #624,718
  • Apr 12, 2012 8:55pm Apr 12, 2012 8:55pm
Quoting Chicky
Is this MF going further up or not? Someone Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeezzzzzzzzzzzzzzz help me.
Additional longs for 10 pips from 1.3170 to 1.3180.
The Thief of Wall Street
  • #624,719
  • Apr 12, 2012 8:58pm Apr 12, 2012 8:58pm
Quoting Tobinguyen
50 pips down, then up
1.3157 is China wall.
The Thief of Wall Street
  • #624,720
  • Apr 12, 2012 9:01pm Apr 12, 2012 9:01pm
Quoting Chicky
Is this MF going further up or not? Someone Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeezzzzzzzzzzzzzzz help me.
read the pages before and will found your answer...
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