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  • #652,501
  • Jun 6, 2012 6:31am Jun 6, 2012 6:31am
Quoting tomspin
It does look like a reverse but still 40 min to H1 close. 8037 8040 would be a great place for long.
yes - can see a bit of support there , but under the mid of the recent rally and the 2010 low - I wouldn't bother - would have to see very clear evidence of a rejection down there - and only then a short term thing to re-test the that year low
  • #652,502
  • Jun 6, 2012 6:32am Jun 6, 2012 6:32am
Quoting pipsallday
i cant answer that one
thats were you need to know what way you want to trade
scalping is great when its going your way
im short at 99
OK, I was looking your some calls
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #652,503
  • Jun 6, 2012 6:33am Jun 6, 2012 6:33am
ECB announcing rate in 15 minutes, with conference in an hour. If they cut the rates ... it'd be too easy.
Please, just slap me around if I'm being silly ...
  • #652,504
  • Jun 6, 2012 6:34am Jun 6, 2012 6:34am
This is a good time to short GU, shorted GU @ 1.5513 TP @ 1.5465. RSI is way above 70.
  • #652,505
  • Jun 6, 2012 6:35am Jun 6, 2012 6:35am
Quoting daemon_delux
ECB announcing rate in 15 minutes, with conference in an hour. If they cut the rates ... it'd be too easy.
If they cut the rates, then what happens?
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #652,506
  • Jun 6, 2012 6:36am Jun 6, 2012 6:36am
Quoting freethug
This is a good time to short GU, shorted GU @ 1.5513 TP @ 1.5465. RSI is way above 70.
Which TF based?
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #652,507
  • Jun 6, 2012 6:36am Jun 6, 2012 6:36am
Quoting sukkim
If they cut the rates, then what happens?

euro tanks if they cut, if they don't cut then also falls
  • #652,508
  • Jun 6, 2012 6:36am Jun 6, 2012 6:36am
took risky short trade from 16 to 8. nice and fast
  • #652,509
  • Jun 6, 2012 6:37am Jun 6, 2012 6:37am
don't know why
  • #652,510
  • Jun 6, 2012 6:37am Jun 6, 2012 6:37am
Quoting sukkim
If they cut the rates, then what happens?
Theoretically, it would mean a downfall for the Euro. Practically, it'd mean that there are efforts from coordinating banks. PA will show you the way from there.
Please, just slap me around if I'm being silly ...
  • #652,511
  • Jun 6, 2012 6:37am Jun 6, 2012 6:37am
Quoting sukkim
If they cut the rates, then what happens?
prices will move in some direction. on other hand if they dont change the rates the market will still move in some direction... go figure...
  • #652,512
  • Jun 6, 2012 6:37am Jun 6, 2012 6:37am
Quoting shmandi
took risky short trade from 16 to 8. nice and fast
You're more faster than the market
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #652,513
  • Jun 6, 2012 6:39am Jun 6, 2012 6:39am
Quoting Nachiket
don't know why
In expectative for the rate call. If it's unchanged or reduced, it's short time imo.
Please, just slap me around if I'm being silly ...
  • #652,514
  • Jun 6, 2012 6:39am Jun 6, 2012 6:39am
H&S in 15min chart?
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #652,515
  • Jun 6, 2012 6:39am Jun 6, 2012 6:39am
For new trades :
ECB rate change not a easy one to play . market is waiting for ECB Conference. don't jump in too quickly unless you know what you doing, some time it will do fake move
Mohan
  • #652,516
  • Jun 6, 2012 6:40am Jun 6, 2012 6:40am
Quoting freethug
This is a good time to short GU, shorted GU @ 1.5513 TP @ 1.5465. RSI is way above 70.
Rockin' the 300 pip stops
Attached Image (click to enlarge)
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  • #652,517
  • Jun 6, 2012 6:40am Jun 6, 2012 6:40am
am i right to say that if the interest rates remain the same, theres a high possibility we will see a drop to 1.245x?

And if the rates are decreased, we will be looking at target 1.255x?
  • #652,518
  • Jun 6, 2012 6:41am Jun 6, 2012 6:41am
Quoting daemon_delux
In expectative for the rate call. If it's unchanged or reduced, it's short time imo.
but mostly there is a rate cut as a step to save euro and euro zone , lets wait and see !!!!
“Don't cry because it's over, smile because it happened.”
  • #652,519
  • Jun 6, 2012 6:42am Jun 6, 2012 6:42am
Quoting archerfish
am i right to say that if the interest rates remain the same, theres a high possibility we will see a drop to 1.245x?

And if the rates are decreased, we will be looking at target 1.255x?
It's the first time in a LOOOONG while they'd cut the rates. we'd better sit this one out 'till the conference.
Please, just slap me around if I'm being silly ...
  • #652,520
  • Jun 6, 2012 6:42am Jun 6, 2012 6:42am
this is when it comes in handy to have an audio squawk

and im still short from 2520, with a 10 pip stop incase we spike for some reason
An opportunity lost is not a capital cost.
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