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EURUSD

  • #649,841
  • May 31, 2012 2:39am May 31, 2012 2:39am
stoploss 1.2380. targets:open
  • #649,842
  • May 31, 2012 2:40am May 31, 2012 2:40am
from 1.2417 to 1.2394.
  • #649,843
  • May 31, 2012 2:41am May 31, 2012 2:41am
buy for 50 pips target
  • #649,844
  • May 31, 2012 2:43am May 31, 2012 2:43am
Quoting Nachiket
nooooooooooooooooooooooooooo way.
that was for bottom set not for ur upside target
  • #649,845
  • May 31, 2012 2:45am May 31, 2012 2:45am
Well, I've got a short now, and will look to possibly re-enter around 2460, and very likely at 2500+... though, if move up to 2500 later in the day, particularly if we do so after breaking the asian session lows... I will be very very hesitant to take a short for anything other than a scalp of sorts....

X
  • #649,846
  • May 31, 2012 2:50am May 31, 2012 2:50am
starting to look like it the bears turn... still amazed people are looking for buys without a trend there
  • #649,847
  • May 31, 2012 2:51am May 31, 2012 2:51am
Aright, took about 40% of the short off around 14 pips profit...and move stops to -5 pips... at 2410, so regardless of whether the trade stops out... it'll be a net profit.

Target 2360... and in a "can't lose" situation.... fingers crossed for target

X
  • #649,848
  • May 31, 2012 2:57am May 31, 2012 2:57am
Any idea when the Irish referandum result is expected?
That might cause a spike up like yesterday.....
  • #649,849
  • May 31, 2012 3:00am May 31, 2012 3:00am
Well ADX on daily still showing high signal on bearish trend and recovering from 30 area,
I will consider long and change of a sentiment ONLY at some important resistance and confirmed with some candles - untill that day comes I will only be selling.
swing it!
  • #649,850
  • May 31, 2012 3:02am May 31, 2012 3:02am
Quoting kkeskar92
Any idea when the Irish referandum result is expected?
That might cause a spike up like yesterday.....

officially, counting votes doesnt begin until tomorrow morning, only exit polls with be available until then
while the objective is profit, the job description is risk management
  • #649,851
  • May 31, 2012 3:03am May 31, 2012 3:03am
Quoting tomspin
Well ADX on daily still showing high signal on bearish trend and recovering from 30 area,
I will consider long and change of a sentiment ONLY at some important resistance and confirmed with some candles - untill that day comes I will only be selling.
Lul Bashir
The Thief of Wall Street
  • #649,852
  • May 31, 2012 3:04am May 31, 2012 3:04am
Good morning mate's..Hope you all had a pips loaded yesterday..welll i sure did..Cheers
Imanuel Parsifal
  • #649,853
  • May 31, 2012 3:07am May 31, 2012 3:07am
sometimes not being a bear in a rising bear market is hard, just waiting for that turn so i can get my tongue wet
  • #649,854
  • May 31, 2012 3:08am May 31, 2012 3:08am
Quoting Chicky
Lul Bashir
Does any one know what Lul Bashir means in Pakistanian language?

A Pakistani guy says I am Lul Bashir. What it means?
The Thief of Wall Street
  • #649,855
  • May 31, 2012 3:09am May 31, 2012 3:09am
Quoting kkeskar92
Any idea when the Irish referandum result is expected?
That might cause a spike up like yesterday.....
around end or was it several hours after? of New York session today, i read elsewhere in ff.
  • #649,856
  • May 31, 2012 3:10am May 31, 2012 3:10am
Quoting sycho
Good morning mate's..Hope you all had a pips loaded yesterday..welll i sure did..Cheers
Good morning,yep we got it
Cheers
  • #649,857
  • May 31, 2012 3:14am May 31, 2012 3:14am
Quoting kkeskar92
Any idea when the Irish referandum result is expected?
That might cause a spike up like yesterday.....
They say it will be announced today towards the end of the day but there will also be a lot of rumors of the results throughout the day, so by the time it is officially announced, the impact will be already discounted.

keep an eye on bloomberg and your news tab if you want to trade on this information.
Daily Target: 20 pips
  • #649,858
  • May 31, 2012 3:17am May 31, 2012 3:17am
I've read in a candlestick book that after 3 gaps the trend is almost over.

Do you think that the last gap will be retested today as a rezistance?

I'm long PP - > R1
  • #649,859
  • May 31, 2012 3:17am May 31, 2012 3:17am
Beginning of a short squeeze maybe?

No solid fundamental reason for a euro rally, however there are a lot of shorts out there so the banksters might not be able to help themselves. Could see a manipulated short squeeze, careful out there
  • #649,860
  • May 31, 2012 3:20am May 31, 2012 3:20am
Quoting Pinbars
I've read in a candlestick book that after 3 gaps the trend is almost over.

Do you think that the last gap will be retested today as a rezistance?

I'm long PP - > R1
no i dont think the gap will be retested and i dont agree with the book... weeks dont really hold a pip value or correlate with fundamentals, aud/usd went up for like ten years. there were a lot of gaps in that pair... so i dont really understand what you mean?
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