EURUSD

let prices come to you

lets hope we break 1.2510

(i really n eed to change the color of support levels, they look like entries)

It's not broken yet. We need a retest of 18, and then a confirmation at 5 on the lower TF's, and then it's broken imo.

15m chart is looking bad..

Oops, dropped fast !!!

let him do his own thing.

Get down!

http://www.zerohedge.com/news/and-no...ts-italys-turn

And Now, Courtesy of Bridgewater... It's Italy's Turn


Earlier today, by way of a simple graphic, the world's biggest hedge fund, Bridgewater, was kind enough to remind the world just how pointless any debates about Europe's future viability are if the primary funding conduit: the EFSF/ESM hybrid can not provide the cash needed for even half the combined funding needs of Italy and Spain. Now, Bridgewater strikes at Europe once again, this time redirecting the general attention to where it is long overdue: Italy.
Because while Spain has for months now, ever since the publication of the 'Ultimate Doomsday Presentation' right here in Zero Hedge on April 7, been punished with ever widening bond and CDS spreads, and a local stock market which recently hit a 12 year low, Italy has largely avoided the vigilantes and general bearish scrutiny so far. The main reason for this is the assumption that Italian Banks had loaded up on enough LTRO cash that they had sufficient dry powder to buy up Italian bonds in the primary and, more importantly, the secondary market for at least a few more months. We bold "the assumption" because as Bridgewater calculates, the 'dry powder' number is far, far less than conventional wisdom had been expecting. In fact, at negative €48 billion in residual LTRO capital, Italy flat out has no additional cash with which to plug ongoing debt funding needs.

Most of my time with the 15min

At least it is out of the 20-32 range. For now..

Yup, Italian bonds were spreadening since few days ago. It's another good day for the bulls, isn't it? NY's gonna trash this shit later on tonight, and so are all the retailers.

THANK YOU BRIDGEWATER!

Yeah, let's see where this leads us.

sorry you misunderstood me your entry 125 20 sl 125 35, you was thinking os moving sl to 45, I was just suggesting 15 pips sl 35 could be ok, rather than move sl another 10 to 45

anyway her doing ok, 124 98 is bottom of my today zone, so be nice to clear her 1st try

closed half at 1.25 for +20 (0.2%) at 1.25, rest is running till BE. i might scale back in half if we get a nice bounce here, but look to continue downward



i know its probably going more, but i like to book profits for the day, so if it runs against me back to break even, i still made profit

wow looks like nothing going to stop it from reaching daily pivot

1.2498? Won't she go lower?

LE : SL @ BE

short @ 1.25100...price going to test 1.24936, break of that and we are going down 1.242xx

Hi guys, this is my first post, and I'm kinda new to this trading system.

Just a quick question, I've been dragging a deal for a few hours, saw losses of hundreds of dollars, and now due to the drop of EURUSD I'm cutting those losses, the trade is still open and it looks like this:

Sold at 1.2482 - SL at 1.2535 and TP 1.2375
(this is just a 0.20 operation, that's why I held it for a few hours)

When it was at 1.2535 i changed the SL to 1.2550, which may have been crazy, but it's kept the operation open.

Now the big question, should I close it ASAP while I'm down, but not as bad as before? Or should I keep my hopes up for the "bears to keep winning" ?

How far down do you guys think it may go?

Take care, and thanks! =)

D.

I've got 1.244xx on my books, but hey ... any more dropping is fine for me

lets see what 9xx brings

watching this area (primary channel, now might act as support + daily pivot is there)