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EURUSD

  • #658,701
  • Jun 18, 2012 3:46am Jun 18, 2012 3:46am
I opened a short at 12618 should I close it or wait?
  • #658,702
  • Jun 18, 2012 3:46am Jun 18, 2012 3:46am
30min chart showing reversal.... let's see if the reversal holds for another 15mins.
  • #658,703
  • Jun 18, 2012 3:47am Jun 18, 2012 3:47am
Needs a retracement for more shorts.
  • #658,704
  • Jun 18, 2012 3:48am Jun 18, 2012 3:48am
Quoting sukkim
You are in right side

For now ... but it still hasn't really moved down far enough to warrant moving SL to BE.
  • #658,705
  • Jun 18, 2012 3:48am Jun 18, 2012 3:48am
Quoting kuroro001
1,2625 needs to be convincingly broken...it's not the case right now...it deeped below it and back above it quickly.

your right I was just thinking out loud....I still think that after the profit taking they'll take it to the 1.2700-1.2750 range sometime in the next day or so...just an opinion though..
  • #658,706
  • Jun 18, 2012 3:50am Jun 18, 2012 3:50am
trying long here.. pin on m15 chart + pivot
Attached Image (click to enlarge)
Click to Enlarge Name: 12 June 18, 2012 04.45 PM.gif Size: 15 KB
  • #658,707
  • Jun 18, 2012 3:56am Jun 18, 2012 3:56am
long off the floor
  • #658,708
  • Jun 18, 2012 3:57am Jun 18, 2012 3:57am
Quoting pasta
trying long here.. pin on m15 chart

We miss 100% of the shots we don't take
  • #658,709
  • Jun 18, 2012 3:59am Jun 18, 2012 3:59am
Quoting Trader8888
I opened a short at 12618 should I close it or wait?

as soon as you know your trade decision was wrong you should close and look for your next trade.

the bigger question is why short there? look at what made you take that trade and understand where you went wrong
  • #658,710
  • Jun 18, 2012 3:59am Jun 18, 2012 3:59am
2 x long entries, avg 1.26302..... Hope to see 1.2750.
  • #658,711
  • Jun 18, 2012 4:00am Jun 18, 2012 4:00am
We are seeing some German signs of weakening --

Before election talk was that no changes to the Greek bailout bill could be made...

this morning German foreign Minister spoke of giving Greece more time, and Bundesbank says concessions on austerity package should be kept small --

That is at least some hint that the there is some support for a re-negotiation.

German foreign ministers prior comments have been clarified by German government officials as, "Not the agreed German Government position".

Chinks is the German armour non the less.
  • #658,712
  • Jun 18, 2012 4:00am Jun 18, 2012 4:00am
1st target of 52 hit.

Shifted the rest to BE+1.
  • #658,713
  • Jun 18, 2012 4:00am Jun 18, 2012 4:00am
any idea about today?

short ot long??
  • #658,714
  • Jun 18, 2012 4:01am Jun 18, 2012 4:01am
Hi

Middle Eastern sovereigns have been buying into dips.
  • #658,715
  • Jun 18, 2012 4:01am Jun 18, 2012 4:01am
That was a gr8 ride down to 2630... +80pips and now back to 2740...

  • #658,716
  • Jun 18, 2012 4:03am Jun 18, 2012 4:03am
Quoting kayla2011
That was a gr8 ride down to 2630... +80pips and now back to 2740...

I am short until New York
  • #658,717
  • Jun 18, 2012 4:04am Jun 18, 2012 4:04am
Quoting MaxDoom
long off the floor
Same here...it was the long to take this morning...a break of this morning low and it's all for the bears.
Bulls have a chance for a move back up now.
COT: The precious data ignored
  • #658,718
  • Jun 18, 2012 4:05am Jun 18, 2012 4:05am
Quoting kayla2011
That was a gr8 ride down to 2630... +80pips and now back to 2740...

2740?
  • #658,719
  • Jun 18, 2012 4:06am Jun 18, 2012 4:06am
Quoting morob
Hi

Middle Eastern sovereigns have been buying into dips.
With what? Money they got from shorting their main export, Crude?
  • #658,720
  • Jun 18, 2012 4:10am Jun 18, 2012 4:10am
Quoting Trader8888
I opened a short at 12618 should I close it or wait?
i believe we are still at levels of last week's closing, where the EURUSD what being lifted up by hedgers.
Some have been taking profit in Europe, I expect US to do the same.
We should end up below 1.26 today.
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