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EURUSD

  • #653,841
  • Jun 8, 2012 3:42am Jun 8, 2012 3:42am
Quoting tomspin
he posted this bollocks on 5th
Can't wait for him to come back here.....
They think they are smarter than I am.
  • #653,842
  • Jun 8, 2012 3:43am Jun 8, 2012 3:43am
Quoting tomspin
he posted this bollocks on 5th
Can't wait for him to come back here.....
His EA probably forgot to tell him, "Bro I don't do news and QE trading!"
  • #653,843
  • Jun 8, 2012 3:46am Jun 8, 2012 3:46am
Quoting Esssex
His EA probably forgot to tell him, "Bro I don't do news and QE trading!"
Your response to him about EA's and human behaviour was spot on mate,
swing it!
  • #653,844
  • Jun 8, 2012 3:48am Jun 8, 2012 3:48am
m15 close on support. could see some ranging now
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  • #653,845
  • Jun 8, 2012 3:50am Jun 8, 2012 3:50am
I'm not trading today, with no focus on QE3, Greece or whatever it's somewhat out of direction and does not suit my style. Perhaps there will be some news on weekend to get early bird action on Monday.

I keep out the boredom and stay in the loop by playing a demo account, I always have both a live and demo MT4 running on two monitors and if I feel some irrational urge, I open the demo one. I've blown at least 50 demo accounts acting on impulse, while keeping my live in the green.
  • #653,846
  • Jun 8, 2012 3:50am Jun 8, 2012 3:50am
Something's holding the pair.
Better tighten stops
COT: The precious data ignored
  • #653,847
  • Jun 8, 2012 3:51am Jun 8, 2012 3:51am
I'm out @1,2457. Mid morning is usually a good time to take profits following a couple of hours of frenzied selling.
  • #653,848
  • Jun 8, 2012 3:54am Jun 8, 2012 3:54am
hehe just woke up! looks like i missed an exicting drop.

seems like a retest could go up to 2475 (to touch the 25-EMA on the M5 chart)

pending short at 2472
T/P around S3 at 2440
S/L at 2487

any comments?
Daily Target: 20 pips
  • #653,849
  • Jun 8, 2012 3:56am Jun 8, 2012 3:56am
call mne crazy, but i like buying this dip at 1.2460
  • #653,850
  • Jun 8, 2012 3:57am Jun 8, 2012 3:57am
Quoting kuroro001
Something's holding the pair.
Better tighten stops
It seems to be struggling to break the fib50 @ 57 (1.2287 - 1.2625) ??
  • #653,851
  • Jun 8, 2012 3:57am Jun 8, 2012 3:57am
Quoting Esssex
His EA probably forgot to tell him, "Bro I don't do news and QE trading!"
Even though his EA "showed" us some good performance, some graph which I am skeptical about it. But regarding the news, I learnt not to go to the main ForexFactory.com web page to see the news because the Fundamental is out of my strategy. The only times that I see those news and events are when strong moves to my direction and I can put my TPs further.
  • #653,852
  • Jun 8, 2012 3:58am Jun 8, 2012 3:58am
Quoting fxanonymous
hehe just woke up! looks like i missed an exicting drop.

seems like a retest could go up to 2475

pending short at 2472
T/P around S3 at 2440
S/L at 2487

any comments?
I see 2530 max and even that is a very high - what in your opinion would have to push price up to wipe out those profits from Asia and London open hm?
swing it!
  • #653,853
  • Jun 8, 2012 4:02am Jun 8, 2012 4:02am
Quoting freethug
call mne crazy, but i like buying this dip at 1.2460
Please read this article:
http://www.cnbc.com/id/47729627
  • #653,854
  • Jun 8, 2012 4:03am Jun 8, 2012 4:03am
Quoting tomspin
I see 2530 max and even that is a very high - what in your opinion would have to push price up to wipe out those profits from Asia and London open hm?
I'd love to see 2530 price, because that's an acceptable entry level for me on a short of some size...

have a very small short in one account I work with, but would love to get 2530+ today for a short.

X
  • #653,855
  • Jun 8, 2012 4:05am Jun 8, 2012 4:05am
action looks much like 2 days fall and then rise.

Bought audusd @0.9828 and I am targetting @1.0000

sl: 0.9800
  • #653,856
  • Jun 8, 2012 4:06am Jun 8, 2012 4:06am
Quoting mikeylp
Even though his EA "showed" us some good performance, some graph which I am skeptical about it. But regarding the news, I learnt not to go to the main ForexFactory.com web page to see the news because the Fundamental is out of my strategy. The only times that I see those news and events are when strong moves to my direction and I can put my TPs further.
Usually people who don't trade news will close their positions or avoid taking new positions before news release.

However, sometimes fundamentals is good because it tells you whether this rally or sell off is built on solid ground or built on sentiment. Which technicals can't account for.

It is always good to mix both just to have that clearer picture.
  • #653,857
  • Jun 8, 2012 4:07am Jun 8, 2012 4:07am
Quoting forextraderx
I'd love to see 2530 price, because that's an acceptable entry level for me on a short of some size...

have a very small short in one account I work with, but would love to get 2530+ today for a short.

X
consider 2490 more realistic and still possible as nothing is falling forever right?
swing it!
  • #653,858
  • Jun 8, 2012 4:07am Jun 8, 2012 4:07am
Quoting forextraderx
I'd love to see 2530 price, because that's an acceptable entry level for me on a short of some size...

have a very small short in one account I work with, but would love to get 2530+ today for a short.

X
even I am not comfortable at this price. looks risky but it is technically sell below 1.2622
  • #653,859
  • Jun 8, 2012 4:08am Jun 8, 2012 4:08am
Quoting freethug
call mne crazy, but i like buying this dip at 1.2460
maybe we both are. i bought dip to 55
  • #653,860
  • Jun 8, 2012 4:09am Jun 8, 2012 4:09am
So all news says it's down down down for the EUR/USD - But I have learnt to expect the unexpected, so i'll take a wee long trade from 1.2455 - TP 1.2550 - SL 1.2425 - now I'm off to play golf, so will get the good news when I get back in 5 or 6 hours time!
May the forex be with you |
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