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  • #649,821
  • May 31, 2012 12:20am May 31, 2012 12:20am
We probably gonna have a risk on day for London session but I'm taking my risk on sentiment to the USD/CAD and AUD/USD instead.
  • #649,822
  • May 31, 2012 12:20am May 31, 2012 12:20am
Quoting daemon_delux
I do.

Sell @ 1.2405, SL @ 1.2420, TP @ 1.2360.
caution...
Non Farm near...
also Irish Referendum today
Patience, Emotion Control and Discipline.
  • #649,823
  • May 31, 2012 12:21am May 31, 2012 12:21am
Quoting daemon_delux
I do.

Sell @ 1.2405, SL @ 1.2420, TP @ 1.2360.
mistake. anyways best of luck. I would go for 1.2452-1.2460 area for shorts now.
  • #649,824
  • May 31, 2012 12:21am May 31, 2012 12:21am
Added a new short at 1.2412 (next to my long term short)
S/L: 1.243
Once hit 1.2365: T/S+10
  • #649,825
  • May 31, 2012 12:22am May 31, 2012 12:22am
That's the spirit guys, let us hope it turns out that way.
  • #649,826
  • May 31, 2012 12:22am May 31, 2012 12:22am
Quoting Trader88q
Does anyone can explain me why when spanish gov. 10Y generic bond yields are rising its bad for EUR,
but when german gov. 10Y bond yields are rising its good.

WHY?


German Bond is safe heaven , safe heaven bond yield fall means people selling everything and putting money in safe heaven . hope i am clear enough
Mohan
  • #649,827
  • May 31, 2012 12:23am May 31, 2012 12:23am
Quoting mohan76
German Bond is safe heaven , safe heaven bond yield fall means people selling everything can putting money in safe heaven . hope i am clear enough

Oh. Thanks now its clear.
  • #649,828
  • May 31, 2012 12:23am May 31, 2012 12:23am
Quoting F-Rex
Added a new short at 1.2412 (next to my long term short)
S/L: 1.243
Once hit 1.2365: T/S+10

don't go on pilling shorts . you never know short covering takes it to 1.25 today. i moved my pending sell to 1.2460
  • #649,829
  • May 31, 2012 12:23am May 31, 2012 12:23am
Quoting Nachiket
mistake. anyways best of luck. I would go for 1.2452-1.2460 area for shorts now.
Don't know if it was a mistake, his speech was bearish all day long. Moved SL to 30, just in case.

Expecting a u-turn right about now.
Please, just slap me around if I'm being silly ...
  • #649,830
  • May 31, 2012 12:24am May 31, 2012 12:24am
Quoting daemon_delux
I do.

Sell @ 1.2405, SL @ 1.2420, TP @ 1.2360.

Ya, I have a similar entry, tho my stop is a bit higher.

Seems theres a barrier option around the 2350 level, with significant stops right under it....

how much you wanna bet that the larger players who are short will look to use those stops to take some profits at...eh?

X
  • #649,831
  • May 31, 2012 12:26am May 31, 2012 12:26am
Quoting forextraderx
Ya, I have a similar entry, tho my stop is a bit higher.

Seems theres a barrier option around the 2350 level, with significant stops right under it....

how much you wanna bet that the larger players who are short will look to use those stops to take some profits at...eh?

X
I'll be right back, some business to attend to. Talk to ya'll later, stop in place, short in place. Green pips.
Please, just slap me around if I'm being silly ...
  • #649,832
  • May 31, 2012 12:29am May 31, 2012 12:29am
german unemployment !!! bearish news for eur.
  • #649,833
  • May 31, 2012 12:29am May 31, 2012 12:29am
Quoting GreatNorth
We are currently at major support on the Monthly Chart.

The way I see it, the key number right now is 2363.7 (anyone else have this number?)
Bottom Set.

Upside Target is 2473.2
  • #649,834
  • May 31, 2012 12:32am May 31, 2012 12:32am
Draghi is single handedly moving the markets at the moment. Techies not letting up too.
  • #649,835
  • May 31, 2012 12:33am May 31, 2012 12:33am
Quoting daemon_delux
I'll be right back, some business to attend to. Talk to ya'll later, stop in place, short in place. Green pips.
hehe, if he stayed one more minute he could have closed his position and Break Even...

hopefully, his SL won't get hit..

i'm staying on the sidelines until I get better signals to long or short..
Daily Target: 20 pips
  • #649,836
  • May 31, 2012 12:33am May 31, 2012 12:33am
Quoting GreatNorth
Bottom Set.

Upside Target is 2473.2

nooooooooooooooooooooooooooo way.
  • #649,837
  • May 31, 2012 12:33am May 31, 2012 12:33am
Quoting Nachiket
don't go on pilling shorts . you never know short covering takes it to 1.25 today. i moved my pending sell to 1.2460
You're right, thats why I have a tight S/L... I might change my S/L if nothing has happened before US news coming out. Don't like to have 'extra' exposure with that kind of news...
  • #649,838
  • May 31, 2012 12:34am May 31, 2012 12:34am
Ecb's draghi - crisis has heightened risk aversion dramatically, "previously acceptable levels of debt are no longer seen as sustainable"
Daily Target: 20 pips
  • #649,839
  • May 31, 2012 12:35am May 31, 2012 12:35am
Short sell @ 2406 just under DPp with target @ 2275 which is a bottom for todays range on my charts - plenty news might be choppy though
SL @ 2417

http://s18.postimage.org/dxpsowhqh/euro.gif
image hosting
swing it!
  • #649,840
  • May 31, 2012 12:39am May 31, 2012 12:39am
Quoting GreatNorth
Bottom Set.

Upside Target is 2473.2
Unlike that buffoon yesterday, u might be on to something today. But...a lot of things need to happen for today to be bullish. Retests, higher lows, etc. I dont see it happening right now. But who knows?
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