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EURUSD

  • #640,981
  • May 7, 2012 8:35pm May 7, 2012 8:35pm
moving like a snail
Attached Image (click to enlarge)
Click to Enlarge Name: asdas.gif Size: 19 KB
KEEP IT SIMPLE PIPPING
  • #640,982
  • May 7, 2012 8:35pm May 7, 2012 8:35pm
Today will be another day for retracment ? Price touch 50% fib level and fall back. Will price continue to up to 61.8% 1.3092 and fill gap or down like rocks ?

Let see
Keep Simple...!
  • #640,983
  • May 7, 2012 9:17pm May 7, 2012 9:17pm
NZD has been dragging market down last week and a half.. look for it as a catalyst for a selloff overnight. There's some AUD news coming up... NZD takes the hit.
  • #640,984
  • May 7, 2012 9:23pm May 7, 2012 9:23pm
Looks like it wants 2997 (May bounce ahead of that at 3114)

I would look to enter a Long at these numbers.

These numbers will work!

Or they won't, which tends to happen whenever I post something on this forum.
  • #640,985
  • May 7, 2012 9:31pm May 7, 2012 9:31pm
Highest 1.3065. Later gonna pump up to @1.3100 @1.3120 @1.3130
UP UP UP UP
  • #640,986
  • May 7, 2012 9:33pm May 7, 2012 9:33pm
Quoting Alvin Lo
Highest 1.3065. Later gonna pump up to @1.3100 @1.3120 @1.3130
UP UP UP UP
nzd already looking way lower... eur is going nowhere if NZD decides to go to hell.
  • #640,987
  • May 7, 2012 10:04pm May 7, 2012 10:04pm
Quoting GreatNorth
Looks like it wants 2997 (May bounce ahead of that at 3114)

I would look to enter a Long at these numbers.

These numbers will work!

Or they won't, which tends to happen whenever I post something on this forum.
hello! know how you say? raining or not raining ... and it happens!
  • #640,988
  • May 7, 2012 10:13pm May 7, 2012 10:13pm
Quoting sidhujag
nzd already looking way lower... eur is going nowhere if NZD decides to go to hell.
Does NZD need to fill gap?
Simple is powerful all the time.
  • #640,989
  • May 7, 2012 10:15pm May 7, 2012 10:15pm
Quoting samdani786
Keep it up my friend
New voice message: Why are you calling me? If I need you, I'll call you!
  • #640,990
  • May 7, 2012 10:21pm May 7, 2012 10:21pm
EUR/USD recovers after dipping to as low as 1.2954 earlier today. But still, intraday bias remains on the downside with 1.3095 minor resistance intact and deeper decline is expected.
  • #640,991
  • Edited 10:38pm May 7, 2012 10:26pm | Edited 10:38pm
Quoting HDA
@rattyo:

Its not time yet to buy

Respectfully,
HDA


Still running this trade from sunday long.

@12982 SL at 12945.

its +50 odd at the moment and the stops
been moved to break even now. 12982 for the
London Open.


I've included this comment from a member HDA for the benefit of less experienced traders not be be swayed
by members that appear to be very experienced here but quite possibly are not!.
rat
  • #640,992
  • May 7, 2012 10:29pm May 7, 2012 10:29pm
Quoting KillerWhale
Keep it up my friend
Killer, are you in a Euro Trade?

If yes, get out.

If no, get into one.
The Thief of Wall Street
  • #640,993
  • May 7, 2012 10:35pm May 7, 2012 10:35pm
Quoting RiverTrader
Does NZD need to fill gap?
broker gap can be filled in few days or in few years (it was filled on my broker) ,if it close above 50 bull have chances
Mohan
  • #640,994
  • May 7, 2012 10:41pm May 7, 2012 10:41pm
Quoting GreatNorth
Looks like it wants 2997 (May bounce ahead of that at 3114)

I would look to enter a Long at these numbers.

These numbers will work!

Or they won't, which tends to happen whenever I post something on this forum.
Short @ 3037
TP 2997
  • #640,995
  • May 7, 2012 10:42pm May 7, 2012 10:42pm
Quoting mohan76
broker gap can be filled in few days or in few years (it was filled on my broker) ,if it close above 50 bull have chances
It will close above 50 on tick chart............... what timeframe?
The Thief of Wall Street
  • #640,996
  • May 7, 2012 10:44pm May 7, 2012 10:44pm
Quoting Chicky
It will close above 50 on tick chart............... what timeframe?

ms chart

i was refereeing 1h (nzd) ,
euro i have 58~67 mofu 15m close above 72 good for me
Mohan
  • #640,997
  • May 7, 2012 10:44pm May 7, 2012 10:44pm
Quoting mohan76
broker gap can be filled in few days or in few years (it was filled on my broker) ,if it close above 50 bull have chances
A few years?? Really mate? That's like saying within a few years it might rain.
  • #640,998
  • May 7, 2012 10:47pm May 7, 2012 10:47pm
Quoting Sonofsin5
A few years?? Really mate? That's like saying within a few years it might rain.
Au$ have filled fixed exchange gap above 1.02xx after 30 years (still lot of gap remain above 1.10)
Mohan
  • #640,999
  • May 7, 2012 10:50pm May 7, 2012 10:50pm
Quoting mohan76
Au$ have filled fixed exchange gap above 1.02xx after 30 years (still lot of gap remain above 1.10)
If your focusing on that as an entry signal you might want to change professions, actually keep trading, there's always a sucker in the market.
  • #641,000
  • May 7, 2012 10:52pm May 7, 2012 10:52pm
Quoting Sonofsin5
A few years?? Really mate? That's like saying within a few years it might rain.
think he just means there is no set time for the 'gap' to be closed, there is no rhyme nor reason that a 60 pip gap like most retail punters saw this week will be filled in the next day, week, month or year. Some folks hold a mystical belief that its always safe to play a position the gap will fill.....plenty of evidence out there that a Mondays low or high hasnt been visited again for a lonnnnnng time.
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