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EURUSD

  • #627,021
  • Apr 17, 2012 4:54am Apr 17, 2012 4:54am
5 mins for Confirmation to HOLD all LONGS or to Close all LONGS and SHORT

Confirmation is Key - 5 mins to go

Im in between 4 Chat rooms
  • #627,022
  • Apr 17, 2012 4:57am Apr 17, 2012 4:57am
Quoting LittleLuca
Long EU 1.3147

Stop 1.3138
will see in 4 min how you longs will be
If you are new to Forex? Say Goodbye to your account!!
  • #627,023
  • Apr 17, 2012 4:58am Apr 17, 2012 4:58am
If this shooting star work out as we suspect, That will be text book trade, shooting star on resistance/supply zone, perfect body
Seldom we find things as beautiful as this in market
There are no right and wrong decisions......Only timely decisions
  • #627,024
  • Apr 17, 2012 4:58am Apr 17, 2012 4:58am
Quoting 853efx
Attachment
TP hit =)
  • #627,025
  • Apr 17, 2012 4:59am Apr 17, 2012 4:59am
Quoting HDA
5 mins for Confirmation to HOLD all LONGS or to Close all LONGS and SHORT

Confirmation is Key - 5 mins to go

Im in between 4 Chat rooms
what are the chat rooms are you using?
Patient shall lead you to the best entry point
  • #627,026
  • Apr 17, 2012 5:00am Apr 17, 2012 5:00am
Quoting KiwiTrada
will see in 4 min how you longs will be
We Will! Both around BE atm
The winner of the rat race is still a rat.
  • #627,027
  • Apr 17, 2012 5:01am Apr 17, 2012 5:01am
i just this email to my colleagues, and it might be of interest to anyone here.

I have recently sent an email about bullish Gold view. I have noticed yesterday that the correlation of Gold vs USD has broken somewhat or you might say lagging, as we have witnessed a weakness in USD and Gold together, which in normal cases, they should move opposite each other. However, since Gold did not break below 1,640, this means that the market is going to be risk on. And when I say risk on, then I mean that currencies like EURUSD should go higher( I hate to say this, as I was viewing a bearish move).

Technically gold should close above 1,660 to give a buy signal, which might be the case since the indicators and support levels suggest so. And technically, EURUSD should close above 1.3210 to give a buying signal for a test of the higher end of the range at 1.34 levels and eventually 1.36 -1.38 levels.

I do not know if this might be the case with other markets and currencies and I do not know if correlations are in favor of a risk on environment, but I see it fit that gold should rally gradually from here and market might get caught really bad on the currencies side.

I advice extreme caution when trading currencies at this level as market is biased now on bearish view.
  • #627,028
  • Apr 17, 2012 5:01am Apr 17, 2012 5:01am
CLOSE ALL LONGS

SELL EUR to 1.2980
  • #627,029
  • Apr 17, 2012 5:01am Apr 17, 2012 5:01am
Perfect logi candle stick. Will the bear return? lets check it out
Patient shall lead you to the best entry point
  • #627,030
  • Apr 17, 2012 5:04am Apr 17, 2012 5:04am
another great day
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine.jpg Size: 26 KB
  • #627,031
  • Apr 17, 2012 5:04am Apr 17, 2012 5:04am
Quoting HDA
CLOSE ALL LONGS

SELL EUR to 1.2980
I knew it...Ill monitor this trade, hope your rigt, I see the same just for you to know, but I would prefer see it arrive 1.319 to short...
  • #627,032
  • Apr 17, 2012 5:05am Apr 17, 2012 5:05am
1.3090 might be a good area to re-enter long with stop at 1.3060
  • #627,033
  • Apr 17, 2012 5:07am Apr 17, 2012 5:07am
EURUSD dealt up to 1.3148 overnight as positions were squeezed, but has drifted a tad lower in quiet Asia trading. Germany ZEW survey, Eurozone CPI and Spanish auctions will drive the pair today. Spot is likely to remain stuck in a 1.2975-1.3225 range, and is currently trading close to the middle of that range. Play a 1.2920-1.3180 today with a stop at 50 pips on either side.
  • #627,034
  • Apr 17, 2012 5:08am Apr 17, 2012 5:08am
Quoting Nick35
another great day
Which broker do you use?
  • #627,035
  • Apr 17, 2012 5:08am Apr 17, 2012 5:08am
A really nice spot to short, div on H1 TP1 1,30890
swing it!
  • #627,036
  • Apr 17, 2012 5:09am Apr 17, 2012 5:09am
heeeee...I will short it on 3185...thanks
  • #627,037
  • Apr 17, 2012 5:12am Apr 17, 2012 5:12am
no big move for next 1 -1/2h unless any political comment , time for give some rest to my eyes
Mohan
  • #627,038
  • Apr 17, 2012 5:12am Apr 17, 2012 5:12am
Quoting rigforex
which broker do you use?
???
Many pips gone in spread i know
  • #627,039
  • Apr 17, 2012 5:12am Apr 17, 2012 5:12am
Quoting Hookem28
Please don't take offense because I'm short at 1.3145, but....this line of reasoning in recent times would get you killed. Hope we make our profit.
No offence - I trade rules - some work and some don't - happy with the Shooting Star / Grave Stone Doji. Not happy that it's right on the resistance line, think NY will push this puppy down.
May the forex be with you |
  • #627,040
  • Apr 17, 2012 5:13am Apr 17, 2012 5:13am
Quoting FXFundi
Thanx - short entry was at 1.3130 - SL is 1.3180 (a bit close for comfort I know) but one thing I have learnt is to expect the unexpected - so lets see how this pans out. If we get the shooting star formation at the hourly close in 6 mins I'll feel a bit better.
consider mooving your stop a little bit higher..itīs on 3188 the fibo 50% of the weekly fall, and BBolinge on 8 hours, plus divergion on Macd on 15 minutes now...it will go there and start to fall massive...
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