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EURUSD

  • #655,341
  • Jun 12, 2012 12:14am Jun 12, 2012 12:14am
Quoting fdjauzak
I just wanted to say that the price has found a support at 1.2476.., and please see the long wick at the candle nearby, that is the point where you wanted to go short. that's all.
indeed but nothing wrong with that trade plan including the short level
  • #655,342
  • Jun 12, 2012 12:16am Jun 12, 2012 12:16am
targets: open
sl:100
  • #655,343
  • Jun 12, 2012 12:16am Jun 12, 2012 12:16am
Quoting Esssex
Spike upwards, short covering?
Big player jumped in.. :-)
Patience Pays
  • #655,344
  • Jun 12, 2012 12:16am Jun 12, 2012 12:16am
Quoting Nachiket
.

you bite too easy my friend
  • #655,345
  • Jun 12, 2012 12:17am Jun 12, 2012 12:17am
think im about to take my first real losses... hmm left aud usd chart open came back thinking it was eur usd and started trading
  • #655,346
  • Jun 12, 2012 12:17am Jun 12, 2012 12:17am
Quoting MaxDoom
you bite too easy my friend
what do u mean max?
  • #655,347
  • Jun 12, 2012 12:17am Jun 12, 2012 12:17am
Quoting kuroro001
In this kind of environment, most of traders are covering their shorts.
Even though i'm pretty sure some are buying long terms.

1,244x has been a hell of a support the past few days.
Seems like it. The direction for the day is still not clear.
  • #655,348
  • Jun 12, 2012 12:18am Jun 12, 2012 12:18am
can eu reached to 1.2565 ? i have long open there,please tell me someone,or i should close that position
Sometimes it's better to be wrong,to learn..
  • #655,349
  • Jun 12, 2012 12:19am Jun 12, 2012 12:19am
Don't get too excited. Let's see what it does here
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The Thief of Wall Street
  • #655,350
  • Jun 12, 2012 12:19am Jun 12, 2012 12:19am
Quoting MaxDoom
indeed but nothing wrong with that trade plan including the short level
peace .. that's ok Maxdoom
Patience Pays
  • #655,351
  • Jun 12, 2012 12:19am Jun 12, 2012 12:19am
Quoting Nachiket
what do u mean max?

they are winding you up and you are letting them. This will impact your trading emotions, so if somebody gives you some grief answer once then let it go...
  • #655,352
  • Jun 12, 2012 12:20am Jun 12, 2012 12:20am
Quoting KiNgEdwarD
can eu reached to 1.2565 ? i have long open there,please tell me someone,or i should close that position
follow your instinct.
  • #655,353
  • Jun 12, 2012 12:20am Jun 12, 2012 12:20am
I have beautiful technical buy signals forming in my day trading charts ( 50 pip profit targets ) but I am not taking any of them....

The overall environment is way to bearish.... we are coming off some well supported levels... but it is just too risky to get chopped up in my time frame for any longs...

I am ignoring my buy signals and looking for the indicators to flip over long and trigger a short in future....
  • #655,354
  • Jun 12, 2012 12:22am Jun 12, 2012 12:22am
What is just happened?
  • #655,355
  • Jun 12, 2012 12:22am Jun 12, 2012 12:22am
Quoting MaxDoom
they are winding you up and you are letting them. This will impact your trading emotions, so if somebody gives you some grief answer once then let it go...
ok. i realized that.
  • #655,356
  • Jun 12, 2012 12:22am Jun 12, 2012 12:22am
Quoting KiNgEdwarD
can eu reached to 1.2565 ? i have long open there,please tell me someone,or i should close that position
highly doubt it. i have 1.2525 as a maximum on my chart.
Daily Target: 20 pips
  • #655,357
  • Jun 12, 2012 12:23am Jun 12, 2012 12:23am
gm all

we are moving in a channel on eu gu

yesterday that bearish move really suprised me and I think lot of traders too..

london opening was positive now and if i look at that channel, we are going to 2590 again.

If this bearish failes on 2540 we are coming down again..

waiting.. did tried two sells but out on BE..
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  • #655,358
  • Edited 12:23am Jun 12, 2012 12:23am | Edited 12:23am
Rumors of Middle Eastern names on the bid in EU
  • #655,359
  • Jun 12, 2012 12:26am Jun 12, 2012 12:26am
Quoting Chicky
Don't get too excited. Let's see what it does here
I Think big player is trying to push the EU higher to 61.8, so we all retail trader, "see " a possible up trend , and go long. That's the trick they're playing. Let see if they can make it to 1.2524 fib 61.8. BP can be easily seen on H1 chat , at least 30 pips long minus wick..

http://wahai.com/setbybp.png
Patience Pays
  • #655,360
  • Jun 12, 2012 12:27am Jun 12, 2012 12:27am
Nice buy signal on m15, but I think I put some limit shorts. 1.2560 is the first level. But this could be a trap also, so under 1.2480 is a great opp. to short.
Good luck
"Study the past if you would define the future." Confucius
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