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EURUSD

  • #648,261
  • May 28, 2012 3:00am May 28, 2012 3:00am
The Euro reached the target for the bearish reversal at 1.27, which was the support at 1.25. It is important to understand that going into the markets in extreme levels is dangerous, and the technical trader has to wait for correction & reversal patterns, and not to attempt to enter the market just because it looks like the Euro cannot find the bottom. If the euro continues falling, the next support waits down at 1.215, but it is likely to correct up before it resumes sliding.
  • #648,262
  • May 28, 2012 3:01am May 28, 2012 3:01am
If it goes under 70, I'll short again.
Please, just slap me around if I'm being silly ...
  • #648,263
  • May 28, 2012 3:03am May 28, 2012 3:03am
going to drop guys
edit : target should be 1.25662
There are two opinions in this world, Mine and the wrong one...
  • #648,264
  • May 28, 2012 3:07am May 28, 2012 3:07am
http://cdn2.screenjunkies.com/wp-con...ted-gifs-2.gif
  • #648,265
  • May 28, 2012 3:08am May 28, 2012 3:08am
Quoting Johnny Bravo
going to drop guys
edit : target should be 1.25662

why ???
“Don't cry because it's over, smile because it happened.”
  • #648,266
  • May 28, 2012 3:10am May 28, 2012 3:10am
LoL now i cant believe myself i closed my short for just +7...
this calls for a moment of "O SNAP"
well 1.25662 --- 1.26592 should hold it or it will go to close the GAP
There are two opinions in this world, Mine and the wrong one...
  • #648,267
  • May 28, 2012 3:11am May 28, 2012 3:11am
Quoting kuroro001
I'm looking at 1,2575-1,2605 range. Boring.
Standard EUR/USD style. Range within a range within a range. Looks like it is trying to make a run for it though.

Bankia being the culprit, thank god.
  • #648,268
  • May 28, 2012 3:14am May 28, 2012 3:14am
I wonder why i dont see peoples avatar or attached charts to posts. Any one else having same problem today.

My settings is OK at user settings to show all of them.
  • #648,269
  • Edited 4:58am May 28, 2012 3:15am | Edited 4:58am
price touching the 25-EMA on the 1H chart.

could rebound to 2640 in the next hours.

if it goes back down to 2565 then we are probably entering yet another bear day.
Daily Target: 20 pips
  • #648,270
  • May 28, 2012 3:18am May 28, 2012 3:18am
The only thing holding this pair up right now is Oil prices.
  • #648,271
  • May 28, 2012 3:19am May 28, 2012 3:19am
Quoting kakadoo
there is possible for fake break out but i prefer to get long on retrace and short in moving average cross
i think any of red levels can be a PRZ so as mentioned before we are in sell but with hard stop
Attached Image (click to enlarge)
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  • #648,272
  • May 28, 2012 3:21am May 28, 2012 3:21am
Quoting Esssex
Standard EUR/USD style. Range within a range within a range. Looks like it is trying to make a run for it though.

Bankia being the culprit, thank god.
Yup!

Let's see if it can head back inside the range. 75 is giving a hard time
COT: The precious data ignored
  • #648,273
  • May 28, 2012 3:23am May 28, 2012 3:23am
Quoting kuroro001
Yup!

Let's see if it can head back inside the range. 75 is giving a hard time
Hope not. My SL now BE+10 at 2595
  • #648,274
  • May 28, 2012 3:23am May 28, 2012 3:23am
morning all
my R1 for today is 79 if it holds for now we could see it try to close the weekend gap
Trade What You See Not What You Want To See
  • #648,275
  • May 28, 2012 3:25am May 28, 2012 3:25am
Quoting binFX
Hope not. My SL now BE+10 at 2595
Stocks and bonds are supporting me now
  • #648,276
  • May 28, 2012 3:26am May 28, 2012 3:26am
Quoting pipsallday
morning all
my R1 for today is 79 if it holds for now we could see it try to close the weekend gap
Look like it holds.
  • #648,277
  • May 28, 2012 3:26am May 28, 2012 3:26am
anyone get the run down from 2620 ?
Trade What You See Not What You Want To See
  • #648,278
  • May 28, 2012 3:27am May 28, 2012 3:27am
Quoting pipsallday
morning all
my R1 for today is 79 if it holds for now we could see it try to close the weekend gap
My friend, there is no gap.

It is usually retail brokers being lazy and giving their employees off, not updating their feeds over the weekend.

Don't let the gaps fool your judgement because the big boys don't see these gaps. Only retailers do.
  • #648,279
  • May 28, 2012 3:29am May 28, 2012 3:29am
Quoting binFX
Look like it holds.
would like to see the 15 min close below 71
Trade What You See Not What You Want To See
  • #648,280
  • May 28, 2012 3:31am May 28, 2012 3:31am
Quoting Esssex
My friend, there is no gap.

It is usually retail brokers being lazy and giving their employees off, not updating their feeds over the weekend.

Don't let the gaps fool your judgement because the big boys don't see these gaps. Only retailers do.
morning bud
i no theres no gaps
but it does effect PA would you agree ?
Trade What You See Not What You Want To See
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