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EURUSD

  • #660,161
  • Jun 20, 2012 1:56pm Jun 20, 2012 1:56pm

Hopefully the market is just waiting for the speech to be over to make sure. If this thing ends up heading north, I give up on trading.

  • #660,162
  • Jun 20, 2012 2:01pm Jun 20, 2012 2:01pm
Quoting undertaker66
what range? or do you want to wait until it passes the pivot?
We've been trading between 734-560 for 2 days now and that is only the short term range. My entries for both longs and shorts are around those areas.

Then, there is that larger 300pip range that we have been trading in as well. So pick your entries wisely and keep in mind that there is still no general direction.

We are still in what the techies call a sideways market.
  • #660,163
  • Jun 20, 2012 2:02pm Jun 20, 2012 2:02pm
finally finished. no qe3 i dont know what will happen but oil prices are dead!
Its not an advice and sorry for grammar.
  • #660,164
  • Jun 20, 2012 2:03pm Jun 20, 2012 2:03pm
2600 would be my dream right now.
  • #660,165
  • Jun 20, 2012 2:06pm Jun 20, 2012 2:06pm
Quoting Mr.MaginCole
2600 would be my dream right now.
I hear you, but recently its been more of a night terror
  • #660,166
  • Jun 20, 2012 2:07pm Jun 20, 2012 2:07pm
so, what's now? movements are kinda fading
  • #660,167
  • Jun 20, 2012 2:08pm Jun 20, 2012 2:08pm
Yen strengthening over dollar and euro right now. Was right to short EUR/JPY.
  • #660,168
  • Jun 20, 2012 2:08pm Jun 20, 2012 2:08pm
i bought @ 1.2706
currency goes to 1.2714 but i was not there . and when i come back .now i shocked coz of so down . and loss is 40 $ 25 % of my capital i hope currency must will go up what u say guys ?
  • #660,169
  • Jun 20, 2012 2:08pm Jun 20, 2012 2:08pm
53 minutes to go
  • #660,170
  • Jun 20, 2012 2:09pm Jun 20, 2012 2:09pm
Quoting diggo
Bro the EUR/JPY just had a bullish breakout above the trendline.. 4hr chart.. sorry i dont have time to post but you can easily work it out

It's a trap man. It's a false breakout, only to reverse soon.
  • #660,171
  • Jun 20, 2012 2:09pm Jun 20, 2012 2:09pm
All this events (Greek election and FOMC) for such shitty moves...forex ain't what it was anymore.

An hourly break of 1,2760 should help heading below 1,2600.
COT: The precious data ignored
  • #660,172
  • Jun 20, 2012 2:09pm Jun 20, 2012 2:09pm
Quoting fxloser
i bought @ 1.2706
currency goes to 1.2714 but i was not there . and when i come back .now i shocked coz of so down . and loss is 40 $ 25 % of my capital i hope currency must will go up what u say guys ?
get out of this position
  • #660,173
  • Jun 20, 2012 2:10pm Jun 20, 2012 2:10pm
Market's supply of hopium about run out?
  • #660,174
  • Jun 20, 2012 2:12pm Jun 20, 2012 2:12pm
Quoting pip_trader
I hear you, but recently its been more of a night terror
Haha yeah.....just looking for a nice place to put enter another LONG for the next few sessions. I bagged some good pips from the earlier FOMC. ENCORE BERNANKE!!!
  • #660,175
  • Jun 20, 2012 2:13pm Jun 20, 2012 2:13pm
Initial effect is a bit muted, but should have a lasting, long-term effect. This mother should fall heavily during the European session.
  • #660,176
  • Jun 20, 2012 2:13pm Jun 20, 2012 2:13pm
Quoting kibescorp
Market's supply of hopium about run out?
Prozac it is.....
  • #660,177
  • Jun 20, 2012 2:13pm Jun 20, 2012 2:13pm
Quoting fxloser
i bought @ 1.2706
currency goes to 1.2714 but i was not there . and when i come back .now i shocked coz of so down . and loss is 40 $ 25 % of my capital i hope currency must will go up what u say guys ?
Looks like its consolidating into a wedge (512 tick chart) and approaching the pivot of 1.2660. Break to the downside may go lower. Keep an eye on it, may need to cut losses.
Attached Image (click to enlarge)
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  • #660,178
  • Jun 20, 2012 2:14pm Jun 20, 2012 2:14pm
Quoting fxloser
i bought @ 1.2706
currency goes to 1.2714 but i was not there . and when i come back .now i shocked coz of so down . and loss is 40 $ 25 % of my capital i hope currency must will go up what u say guys ?
What say me? Close your account and come back with at least 3k.

You just can't make a living off anything less than 1k, hell even using 1k is pushing it.
  • #660,179
  • Jun 20, 2012 2:14pm Jun 20, 2012 2:14pm
Quoting kuroro001
All this events (Greek election and FOMC) for such shitty moves...forex ain't what it was anymore.

An hourly break of 1,2760 should help heading below 1,2600.


totally agree.
Its not an advice and sorry for grammar.
  • #660,180
  • Jun 20, 2012 2:14pm Jun 20, 2012 2:14pm
The Euro/USD and Oil are closely correlated. If you are bullish the Euro, I encourage you to take a look at the daily chart of Oil. You might reconsider being long Euro.
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