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EURUSD

  • #646,661
  • May 23, 2012 9:54am May 23, 2012 9:54am
Quoting Johnny Bravo
a number from the past in 15min timeframe where the price rest after falling from 1.26158...
not always 100% correct but yes 80% plus chances are it will reach it and then settle...works for me
happy trading, see ya all tomorrw at 6:00am
Nice! See ya tomorrow!
  • #646,662
  • May 23, 2012 9:55am May 23, 2012 9:55am
long long long
  • #646,663
  • May 23, 2012 9:57am May 23, 2012 9:57am
Looks like the rally is over
Alternatives are more important than the plan itself
  • #646,664
  • May 23, 2012 9:58am May 23, 2012 9:58am
what a lovely day, I started my short at 2680 . WHen is this drop gonna last though?

Congratz to you all !
  • #646,665
  • May 23, 2012 9:58am May 23, 2012 9:58am
Quoting Johnny Bravo
1.2662 hit..target reached...buy at 1.2662 tp 10 to 15 pips...
from here buy and scalp...price will flutter in range btween 20 to 30 pips until the end of the day i think as NY has spilled all of its juice in a move until here
Good strategy. Long scalp the bounces!
  • #646,666
  • May 23, 2012 9:59am May 23, 2012 9:59am
Quoting fatpanda
long long long

are you sure? I don't think so
Happy Trading!!!
  • #646,667
  • May 23, 2012 9:59am May 23, 2012 9:59am
Quoting eliabreu
buying....
Same here, I am expecting a revisit to 1.26xx level. But I will keep my watch on PA.

Let see, how this candle touch the 23.6 level.

PS: :Lol sudden spike in volume make me close my long asap, banked 7 pips. A failed long attempt.
  • #646,668
  • May 23, 2012 9:59am May 23, 2012 9:59am
Sold at 1.2685, near today' open price and 4 HR support/resistance....turned out to be probable top of day.....

Now waiting for EU meet result....

http://s13.postimage.org/73ajd1xef/oanda_euro_23may.jpg
free picture hosting
  • #646,669
  • May 23, 2012 10:02am May 23, 2012 10:02am
It is raining pips peoples. e/j e/u g/j etc...Let it rain!
  • #646,670
  • May 23, 2012 10:04am May 23, 2012 10:04am
should be able to see some consolidation. bears momentum slightly weaker , hope to see 1.2620 before it moves south again.
  • #646,671
  • May 23, 2012 10:07am May 23, 2012 10:07am
Time for a bounce now!
  • #646,672
  • May 23, 2012 10:10am May 23, 2012 10:10am
Quoting binFX
Time for a bounce now!
Too early to say anythin there is no confirmation I though today gold would drop than changed my mind than I was right about the drop - patience finest art and hardest to master, give yourself a second better safe than sorry

edit well maybe M15 but nothing major
swing it!
  • #646,673
  • May 23, 2012 10:12am May 23, 2012 10:12am
Quoting fxanonymous
exciting day. a break below the 1.2640's would trigger a selloff to the low of 2010 within a matter of weeks!

1.1876 ?!

hahah I just heard the news anchor on Bloomberg saying that Citigroup is bearish for the euro and expects the next target to be 1.19xx!

gotta love the feeling of having citigroup agree with you
Daily Target: 20 pips
  • #646,674
  • May 23, 2012 10:14am May 23, 2012 10:14am
Quoting Johnny Bravo
1.2662 hit..target reached...buy at 1.2662 tp 10 to 15 pips...
from here buy and scalp...price will flutter in range btween 20 to 30 pips until the end of the day i think as NY has spilled all of its juice in a move until here
Come back at 8 GMT. Whereever US has bought to I have confidence there will be a sell off towards US close.
  • #646,675
  • May 23, 2012 10:15am May 23, 2012 10:15am
Never trade against the direction of the higher TF(s). Is't like pissing against the wind. Choose your entrys and allow your trades room to breathe
  • #646,676
  • May 23, 2012 10:15am May 23, 2012 10:15am
Quoting fxanonymous
hahah I just heard the news anchor on Bloomberg saying that Citigroup is bearish for the euro and expects the next target to be 1.19xx!

gotta love the feeling of having citigroup agree with you
oh 1.19 , thats cool
  • #646,677
  • May 23, 2012 10:17am May 23, 2012 10:17am
Quoting fxanonymous
hahah I just heard the news anchor on Bloomberg saying that Citigroup is bearish for the euro and expects the next target to be 1.19xx!

gotta love the feeling of having citigroup agree with you
By the end of the year? Yeah sure, but are you a position trader or a day trader?
  • #646,678
  • May 23, 2012 10:19am May 23, 2012 10:19am
Maybe a Cramer trader..
How to opt out annoying user signatures ??
  • #646,679
  • May 23, 2012 10:24am May 23, 2012 10:24am
Quoting Esssex
By the end of the year? Yeah sure, but are you a position trader or a day trader?
not the end of the year but probably a couple of months... i am a day trader. and a 600pip movement in a couple of months is something everyone should keep in mind even if your time horizon is very small in my opinion

the news concerning europe are not going to get better now that hollande has replaced sarkozy. Discussions with Merkel are not going to go smoothly as they disagree on fundamental points concerning getting the eurozone out of the crisis. This is also going to play an important role in the "rapid" 2-month drop of the euro.

check your weekly chart, between may 2010 and june 2010 the Euro dropped from the exact same levels as we are on right now in just 5 weeks!
Daily Target: 20 pips
  • #646,680
  • May 23, 2012 10:32am May 23, 2012 10:32am
Quoting tomspin
Too early to say anythin there is no confirmation I though today gold would drop than changed my mind than I was right about the drop - patience finest art and hardest to master, give yourself a second better safe than sorry

edit well maybe M15 but nothing major
OK, I see. Closed my both longs for 11pips total, at least green pips are better than red ones.
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