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EURUSD

  • #626,961
  • Apr 17, 2012 3:42am Apr 17, 2012 3:42am
Quoting KiwiTrada
stopped -15 red pip bull is stil steriod
same here on cable..
my kiwi still running
Patience, Emotion Control and Discipline.
  • #626,962
  • Apr 17, 2012 3:44am Apr 17, 2012 3:44am
Spanish auction goes well.

Quoting mohan76
looks it's not a good idea to short till news may be new leaked to big boys, defiantly they planing something could be shoot up or sos
  • #626,963
  • Apr 17, 2012 3:46am Apr 17, 2012 3:46am
Quoting thevadd
Spanish auction goes well.
thanks , i forgot about that , i should have hammer alarm ,

edit dax testing 6700
Mohan
  • #626,964
  • Apr 17, 2012 3:47am Apr 17, 2012 3:47am
ZEW top of the hour....imho we should prop back down at least to enjoy a round of buying the faking dip
  • #626,965
  • Apr 17, 2012 3:47am Apr 17, 2012 3:47am
I guess it will head down now...PA ain't looking good for longs at the moment.
Waiting for the news first
COT: The precious data ignored
  • #626,966
  • Apr 17, 2012 3:47am Apr 17, 2012 3:47am
I want to see 1.33 today
" you can't consume more than you produce "
  • #626,967
  • Apr 17, 2012 3:48am Apr 17, 2012 3:48am
Quoting PaulChin
Your confidence shook me off my chair, ROFLMAO. Good one!

nervous traders are bad traders
  • #626,968
  • Apr 17, 2012 3:48am Apr 17, 2012 3:48am
Quoting KiwiTrada
stopped -15 red pip bull is stil steriod
I am sell ladies starting eu au am busy number in minute they is already in trade zone right now, so will try get multiple entries if pa allow
If you are new to Forex? Say Goodbye to your account!!
  • #626,969
  • Apr 17, 2012 3:51am Apr 17, 2012 3:51am
The thing i don't like is i don't see targets for shorts....it may not last
COT: The precious data ignored
  • #626,970
  • Apr 17, 2012 3:52am Apr 17, 2012 3:52am
I hope that ZEW data sucks big time..lol
  • #626,971
  • Apr 17, 2012 3:53am Apr 17, 2012 3:53am
morning!

closed lil long @ 3156 i looking good res over head atm between 1.3175-90

thank you!
  • #626,972
  • Apr 17, 2012 3:55am Apr 17, 2012 3:55am
tried EU short 3155...let see
Patience, Emotion Control and Discipline.
  • #626,973
  • Apr 17, 2012 3:55am Apr 17, 2012 3:55am
Quoting HDA
Just popped back in to tell you whats going on.

To open an Institutional Account, you must have minimum US$ 1 million. The terminology changes from LOTS to YARD.

10million units is 1 YARD

Now if you have an Institutional Account, you are directly connected to the Interbank and you actually see all the volume that is available and the prices that different yards are available at.

What is happening now is that the Institutional traders are waiting on more short orders to be placed before continue buying.

Note these price levels - 1.3150 1.3165 1.3180 1.3200

At all those prices short orders are being placed to hold off the rise in the EUR but the catch 22 is this, with every short order so is a SL order placed. You cant see the SL orders, but human nature continually have a mind set as to where stops are placed.

Here are the SL orders that are placed based on human behaviour 1.3155, 1.3170 and 1.3220

So as soon as enough volume is in the market to make a good return, institutional traders, continue to buy to take advantage of all the SL orders placed.

BUY EUR to 1.3207

Im off again - helping out another room.
thx for that, rly appreciated it
  • #626,974
  • Apr 17, 2012 3:56am Apr 17, 2012 3:56am
Quoting Chicky
. Who got screwed?.
  • #626,975
  • Apr 17, 2012 3:57am Apr 17, 2012 3:57am
Quoting HDA
Just popped back in to tell you whats going on.

To open an Institutional Account, you must have minimum US$ 1 million. The terminology changes from LOTS to YARD.

10million units is 1 YARD

Now if you have an Institutional Account, you are directly connected to the Interbank and you actually see all the volume that is available and the prices that different yards are available at.

What is happening now is that the Institutional traders are waiting on more short orders to be placed before continue buying.

Note these price levels...

How do you know this stuff???
  • #626,976
  • Apr 17, 2012 3:57am Apr 17, 2012 3:57am
  • #626,977
  • Apr 17, 2012 3:58am Apr 17, 2012 3:58am
Quoting SnaveForex
Big time i doubt it...but maybe below 1,3100 down to 1,3070 to reload longs
COT: The precious data ignored
  • #626,978
  • Apr 17, 2012 3:58am Apr 17, 2012 3:58am
Trying again.. SL just above previous high.

I don't even want to look at it anymore, going to bed
  • #626,979
  • Apr 17, 2012 4:00am Apr 17, 2012 4:00am
Quoting DasPips
Trying again.. SL just above previous high.

I don't even want to look at it anymore, going to bed
it's better
  • #626,980
  • Apr 17, 2012 4:01am Apr 17, 2012 4:01am
Missed the train
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