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EURUSD

  • #646,521
  • May 23, 2012 7:48am May 23, 2012 7:48am
Quoting mka_78
5TF is forming HS
bungee jump quick.
  • #646,522
  • May 23, 2012 7:48am May 23, 2012 7:48am
Quoting Unknownpips
The next hourly will be essential to see if the bulls will take control but it could also be potentially left to the US data due out later.

Though this may not yet be the bottom, chart looks favourable for a bullish bias in the short term - just need to wait for the hourly close for a confirmation.
Posted wrong charts...
Attached Image (click to enlarge)
Click to Enlarge Name: eusdshortterm.jpg Size: 159 KB
  • #646,523
  • May 23, 2012 7:50am May 23, 2012 7:50am
come on 50 move over and let the fun begin
Trade What You See Not What You Want To See
  • #646,524
  • May 23, 2012 7:54am May 23, 2012 7:54am
Quoting F Ahmed
hello, i agree with u, but i am totally confused
If you are confused.......just dont trade.... No one is forcing you too
Right Now PA guys will show you H4 candle and how it will rise
Trend guy will tell you about H4 rsi and how it will force it to go down
Sentiment guy will tell you that long to short ratio is 1.24 ie it should go down
and Elliot wave guy will tell you how badly it need to retrace till 1.29
Problem is everything is a possibility but everything is premature at this stage
This is usually a characteristic of large move or ranging market
There are no right and wrong decisions......Only timely decisions
  • #646,525
  • May 23, 2012 7:54am May 23, 2012 7:54am
Quoting Johnny Bravo
yes brother i remember you...you still are in a better position, hold it maybe it will pay off....
i cant believe dollar is so strong

1.26500 is a strong support and trying to hold it but who knows maybe it will break maybe not..lets say it won't...sit tight and watch
Happy Trading!!!
  • #646,526
  • May 23, 2012 7:59am May 23, 2012 7:59am
closed manually - 18 awaiting new setup
and gold was not ready for a drop, far from it look at H4
http://s15.postimage.org/ek6dj6sh7/gold.gif
picture hosting
swing it!
  • #646,527
  • May 23, 2012 8:00am May 23, 2012 8:00am
Quoting tomspin
closed manually - 18 awaiting new setup
take a day off at least from eu trade (i did ), looks manipulators working hard on this pair
Mohan
  • #646,528
  • May 23, 2012 8:00am May 23, 2012 8:00am
Quoting JollyJoker
If you are confused.......just dont trade.... No one is forcing you too
Right Now PA guys will show you H4 candle and how it will rise
Trend guy will tell you about H4 rsi and how it will force it to go down
Sentiment guy will tell you that long to short ratio is 1.24 ie it should go down
and Elliot wave guy will tell you how badly it need to retrace till 1.29
Problem is everything is a possibility but everything is premature at this stage
This is usually a characteristic of large move or ranging market
very smart trader
Trade What You See Not What You Want To See
  • #646,529
  • May 23, 2012 8:02am May 23, 2012 8:02am
Quoting Unknownpips
Posted wrong charts...
Hourly closed bullish.... going to ride it till around 1.272 if we manage it.
  • #646,530
  • May 23, 2012 8:03am May 23, 2012 8:03am
Quoting FXConveyor
Up to 684 then 710 then.................????????
Almost at 1st level for tp. At 710 will close my second tp and then start shorting.

GL guys
  • #646,531
  • May 23, 2012 8:03am May 23, 2012 8:03am
there she goes
Trade What You See Not What You Want To See
  • #646,532
  • May 23, 2012 8:03am May 23, 2012 8:03am
Quoting mohan76
take a day off at least from eu trade (i did ), looks manipulators working hard on this pair
Great idea thanks Mohan
swing it!
  • #646,533
  • May 23, 2012 8:05am May 23, 2012 8:05am
I'll put my eyes on 1,279x if 1,2685 is broken for good
COT: The precious data ignored
  • #646,534
  • May 23, 2012 8:05am May 23, 2012 8:05am
Quoting FXConveyor
Almost at 1st level for tp. At 710 will close my second tp and then start shorting.

GL guys
Ok first one hit (+64). Now for number two. SL on number 2 moved to 654 (+34)
  • #646,535
  • May 23, 2012 8:06am May 23, 2012 8:06am
Quoting mv6
e/u sell 2660 sl 2680 tp 2600
sl -20p
More on my Blog...
  • #646,536
  • May 23, 2012 8:06am May 23, 2012 8:06am
Quoting Unknownpips
Hourly closed bullish.... going to ride it till around 1.272 if we manage it.
19 is my target as well. Came back saw that my pending long at 68 triggered. FINALLY, ABOUT TIME.
  • #646,537
  • May 23, 2012 8:07am May 23, 2012 8:07am
e/u sell 2680 sl 2710 tp 2590
More on my Blog...
  • #646,538
  • May 23, 2012 8:08am May 23, 2012 8:08am
Hollande made comment about not having idea about any contingency plans for EZ in case of Grexit and he hope they will stay and accept austerity, Now we are waiting for Angela to come and say she didn't know what Hollande was on about
swing it!
  • #646,539
  • May 23, 2012 8:09am May 23, 2012 8:09am
Quoting pipsallday
there she goes
going nowhere until now...just trying to keep us excited
There are two opinions in this world, Mine and the wrong one...
  • #646,540
  • May 23, 2012 8:09am May 23, 2012 8:09am
http://www.forexfactory.com/news.php?do=news&id=363829


From reuters.com
Euro zone officials have agreed that each euro zone country must prepare an individual contingency plan in the eventuality that Greece decides to leave the single currency area, two eurozone officials said on Wednesday. The agreement was reached during a teleconference of the Eurogroup Working Group (EWG), which started at 9:00 a.m. EDT (1300 GMT) on Monday and lasted for about one hour. As well as confirmation from two officials, Reuters has seen a memo drawn up by one member state detailing some of the elements that euro zone countries should consider. The EWG consists of officials who prepare ..
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