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EURUSD

  • #654,641
  • Jun 11, 2012 2:52am Jun 11, 2012 2:52am
Quoting Nachiket
if it does not break 1.2622-25 in next 1 hr. sell it blindly.
I think so,
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #654,642
  • Jun 11, 2012 2:53am Jun 11, 2012 2:53am
Quoting fxkiller
Good morning all

Very interessting moves since friday..

up and down and than over weeked 100 pips gap..

good that i was out and did not risked anything..

currently all looks bullish on EU GU and UY.. This down must be just a small retracement after that gap..

Below 2580 we are going to 2540 -2520 again

and on GU below 5500 we are going to 5420 again.. if not break of this levels, we are going higher..

let see.. i am waiting for those level first or a good buy signal now..
So, are you waiting for only buy opportunities for the day?
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #654,643
  • Jun 11, 2012 2:53am Jun 11, 2012 2:53am
no H4 close belo 95, no more bears,
if that happens, then 41 again
  • #654,644
  • Jun 11, 2012 2:58am Jun 11, 2012 2:58am
Good day, Everybody

Could somebody please recommend a decent broker? I'm with FXPrimus, but they charge me commission ($10) per trade, as well as spread, which sometimes make for a loss, even when I close the trade in a profit. It does not work for scalping...

Thanx
  • #654,645
  • Jun 11, 2012 2:58am Jun 11, 2012 2:58am
Guys guide me eu zone direction please
  • #654,646
  • Jun 11, 2012 2:58am Jun 11, 2012 2:58am
Rumors that European Central Bank and large corporate names are buying EURUSD around the 1.2600 figure..
  • #654,647
  • Jun 11, 2012 2:59am Jun 11, 2012 2:59am
Quoting TraderChris
Good day, Everybody

Could somebody please recommend a decent broker? I'm with FXPrimus, but they charge me commission ($10) per trade, as well as spread, which sometimes make for a loss, even when I close the trade in a profit. It does not work for scalping...

Thanx
my god. thats the amount i start my trade everyday with and slowly i reach to 100 and sometimes 200 dollars
  • #654,648
  • Jun 11, 2012 3:00am Jun 11, 2012 3:00am
Quoting Crassius
Rumors that European Central Bank and large corporate names are buying EURUSD around the 1.2600 figure..
Yes may be true. they don't want to spoil the weekend efforts by seeing the euro down to 1.2580. I have a feeling it is going up but not much. it will trade 1.26-1.27 area.
  • #654,649
  • Jun 11, 2012 3:00am Jun 11, 2012 3:00am
Quoting Nachiket
if it does not break 1.2622-25 in next 1 hr. sell it blindly.
Where do you base this timing on.
Plse explain
Thnks for your support
  • #654,650
  • Jun 11, 2012 3:01am Jun 11, 2012 3:01am
Quote
http://www.twitvid.com/346HR

a 10% rally after Pandora's Box is opened?
.
  • #654,651
  • Jun 11, 2012 3:01am Jun 11, 2012 3:01am
Quoting Meganathan
Guys guide me eu zone direction please

what are your charts telling you? do that.
  • #654,652
  • Jun 11, 2012 3:02am Jun 11, 2012 3:02am
Quoting sukkim
So, are you waiting for only buy opportunities for the day?
mostly yes.. but if the levels for the downside get break, than i am for short..

pending orders waiting already for downside and the buy trades will be the limit order..
  • #654,653
  • Jun 11, 2012 3:04am Jun 11, 2012 3:04am
Thank you i follow my chart bro.
  • #654,654
  • Jun 11, 2012 3:04am Jun 11, 2012 3:04am
There is a supply level on the 4 hr chart that is the reason for my sell trade. price goes from supply to demand and demand to supply over and over until one breaks then finds another. Price HAS to go to these areas! Same as any other product, they all suffer from supply and demand imbalances.

W
Attached Image (click to enlarge)
Click to Enlarge Name: euro usd @ supply.gif Size: 23 KB
I need to finish something i started
  • #654,655
  • Jun 11, 2012 3:06am Jun 11, 2012 3:06am
Quoting fxkiller
this is what I see and my skills says to me.. but still out of it for now..

next step is for me still down, but the moves are unexpected, so out..
update
Attached Image (click to enlarge)
Click to Enlarge Name: update.jpg Size: 98 KB
  • #654,656
  • Jun 11, 2012 3:07am Jun 11, 2012 3:07am
Quoting fxkiller
update
Swings are clearly up
COT: The precious data ignored
  • #654,657
  • Jun 11, 2012 3:11am Jun 11, 2012 3:11am
Quoting Crassius
Irrational exhuberence.... keep your eye on the descending short term channel top/ Longer term former channel bottom near 1.2700... if we get a dead cat bullship rally it will die in this area.

A break of 1.2625 and then a retest is likely

Here's the re-test I posted earlier...
if you are bearish its a good place to short on a swing trade basis

1.2620 - 25
  • #654,658
  • Jun 11, 2012 3:13am Jun 11, 2012 3:13am
Still maintaining a upward bias towards this pair. Needs to hit 30 before I considering longing again.
  • #654,659
  • Jun 11, 2012 3:17am Jun 11, 2012 3:17am
Investors are waking up after putting too much hope in central banks.
Forex rewards patience.
  • #654,660
  • Jun 11, 2012 3:25am Jun 11, 2012 3:25am
failed to close above 615, so 595 possible again
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