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EURUSD

  • #656,221
  • Jun 13, 2012 8:09am Jun 13, 2012 8:09am
Here comes the bear flying in jetplane... hahahaha


*** Hopefully it did not crash.... (scary)
You are a Fun-Loving Trader (I do better when i have fun)
  • #656,222
  • Jun 13, 2012 8:11am Jun 13, 2012 8:11am
Quoting tuakblues
Here comes the bear flying in jetplane... hahahaha


*** Hopefully it did not crash.... (scary)
I dont understand, is this good for a bear?
  • #656,223
  • Jun 13, 2012 8:11am Jun 13, 2012 8:11am
NOW is a good place to SHORT...
  • #656,224
  • Jun 13, 2012 8:12am Jun 13, 2012 8:12am
Quoting fxloser
i will not buy @ 1.2530 too risky
coz its 1s in my calculation
wait

Did you trade on GbpJpy ?? it bear!!!!!!!!!!!!!
You are a Fun-Loving Trader (I do better when i have fun)
  • #656,225
  • Jun 13, 2012 8:13am Jun 13, 2012 8:13am
Short @40. Lackluster bullish reaction after that economic data release.

TP @2500
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #656,226
  • Jun 13, 2012 8:13am Jun 13, 2012 8:13am
lets see how far down we can go
Attached Image
  • #656,227
  • Jun 13, 2012 8:13am Jun 13, 2012 8:13am
break of 125 within ny? not sure there.. however, i guess we'll see a range of 1258 and 1246 today. everybody agree?
  • #656,228
  • Jun 13, 2012 8:13am Jun 13, 2012 8:13am
Quoting tuakblues
Did you trade on GbpJpy ?? it bear!!!!!!!!!!!!!
i did, btw when is the buying phase gonna be over? and what triggered it?
  • #656,229
  • Jun 13, 2012 8:14am Jun 13, 2012 8:14am
Quoting LA Forex
NOW is a good place to SHORT...

gonna be some support at 2525..... I'm waiting for an entry south but I'd like to see some carry through of 2520 - 2525 before committing...

No follow through is not good
  • #656,230
  • Jun 13, 2012 8:15am Jun 13, 2012 8:15am
we are breaking today's low. watch out 2512
  • #656,231
  • Jun 13, 2012 8:16am Jun 13, 2012 8:16am
Are there no correlations between USDJPY and EURUSD? First I put on a great short on EURUSD at 41, then USDJPY started crashing again, so I closed out the short, expecting a bounce from EURUSD in response to weakening USD. Is there no correlation? What are your experiences with the different pairs?
  • #656,232
  • Jun 13, 2012 8:16am Jun 13, 2012 8:16am
Quoting undertaker66
i did, btw when is the buying phase gonna be over? and what triggered it?
REST IN PEACE EUR/USD

and rest in peace ur brother gbp/usd
  • #656,233
  • Jun 13, 2012 8:16am Jun 13, 2012 8:16am
Quoting shmandi
lets see how far down we can go
epic entry thats what is all about, good job
swing it!
  • #656,234
  • Jun 13, 2012 8:17am Jun 13, 2012 8:17am
e/u h1 maybe this way :
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1306h1.PNG Size: 55 KB
More on my Blog...
  • #656,235
  • Jun 13, 2012 8:18am Jun 13, 2012 8:18am
Quoting tomspin
epic entry thats what is all about, good job
i feel a kind of lucky, indeed. 560 was number i was looking for
thanks
  • #656,236
  • Jun 13, 2012 8:18am Jun 13, 2012 8:18am
Quoting Nachiket
we are breaking today's low. watch out 2512
Agreed. But tomorrow we might see some distortions from snb. Otherwise after that its all downhill. Tp=1.22 next week
  • #656,237
  • Jun 13, 2012 8:19am Jun 13, 2012 8:19am
Quoting undertaker66
i did, btw when is the buying phase gonna be over? and what triggered it?

I did read somewhere in Asia news 4 hours ago, some changes will be made by BOJ. USA and JPN are very friendly in currency trading. some news for JPN will affect USD. vise versa. in this case look at 7th june 11th and 13th june, i just build up my feeling that somethin will happen this week.. but i'm not sure how long it will be..
You are a Fun-Loving Trader (I do better when i have fun)
  • #656,238
  • Jun 13, 2012 8:19am Jun 13, 2012 8:19am
@matsou

eur/usd and usd/chf are quite interesting. they're tighly correlated because of the snb intervention. if eur/usd goes down, usd/chf rises and if eur/usd goes up, usd/chf falls. the correlation is actually about 1.2, so if your trading a lot of eur/usd and the market goes in the opposite direction, you can open a usd/chf position 1.2 times bigger than the eur/usd position.. then take profit when the trend turns
  • #656,239
  • Jun 13, 2012 8:20am Jun 13, 2012 8:20am
Quoting Nachiket
we are breaking today's low. watch out 2512
you mean 2475 right? cuz thats what i have for days low
  • #656,240
  • Jun 13, 2012 8:20am Jun 13, 2012 8:20am
Quoting kayla2011
Agreed. But tomorrow we might see some distortions from snb. Otherwise after that its all downhill. Tp=1.22 next week
what distortions. there is 10 billion dollar sell below 1.2000 on eur/chf and traders will try to target that tomorrow which may bring eur/usd taking.
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