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EURUSD

  • #663,321
  • Jun 29, 2012 7:25am Jun 29, 2012 7:25am
S&P is closing resistance near 1350 .. if a rally gets on and it breaks, it might make a decent run. Euro usually follows. Might spike in ~6min.
  • #663,322
  • Jun 29, 2012 7:25am Jun 29, 2012 7:25am
25250 next? Anybody has these setup? 15:20 start?
  • #663,323
  • Jun 29, 2012 7:27am Jun 29, 2012 7:27am
1.2666 should cap the day --- but we are in La La land already.....
  • #663,324
  • Jun 29, 2012 7:27am Jun 29, 2012 7:27am
lol omg i exited a short just before the up move!!!
  • #663,325
  • Jun 29, 2012 7:27am Jun 29, 2012 7:27am
Quoting attila
2642 still valid
http://www.forexfactory.com/showthre...35#post5799935
ehh
  • #663,326
  • Jun 29, 2012 7:27am Jun 29, 2012 7:27am
Quoting roreki
Sold @ 2620
Good call if you use SL, am looking short above 1.2670 only, below scalping long, long...
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #663,327
  • Jun 29, 2012 7:27am Jun 29, 2012 7:27am
that was nice icing on the cake
With due respect to all (who might have a different viewpoint).
  • #663,328
  • Jun 29, 2012 7:29am Jun 29, 2012 7:29am
Quoting pico_zeh
Dear enterfx,

I agree with plenty room for more upside...

Best regards,
Pico.
In deed. Will be interesting to see how this plays out, It's also the last Friday of the month and half year so we could see some heavy profit taking as well. Too bad I missed the long side yesterday, as I was away. I see there was a nice upset late NY session with a needed SL of max 12-15 pips. Would paid off.
  • #663,329
  • Jun 29, 2012 7:30am Jun 29, 2012 7:30am
good time to short now?
  • #663,330
  • Jun 29, 2012 7:31am Jun 29, 2012 7:31am
Quoting sukkim
Good call if you use SL, am looking short above 1.2670 only, below scalping long, long...
SL @ 2675 TP @ 2570
  • #663,331
  • Jun 29, 2012 7:34am Jun 29, 2012 7:34am
Quoting mm2mm
good time to short now?
Best to sit on your hands till NY opens
  • #663,332
  • Jun 29, 2012 7:34am Jun 29, 2012 7:34am
Quoting mm2mm
lol omg i exited a short just before the up move!!!
Good for you
I had a Buy Stop just above the 1.2610 got the small jump and locked in the profit
  • #663,333
  • Jun 29, 2012 7:38am Jun 29, 2012 7:38am
stay away shorts. this beast has too much of fire power today and big boys like round numbers so they will take it to atleast 1.27
  • #663,334
  • Jun 29, 2012 7:38am Jun 29, 2012 7:38am
gold is up...oil is up...the dollar index has been dropping since last night...for those who dnt know what all these mean, its risk on!!...


weak usd + weak jpy = bulls = risk on!!
strong usd + strong jpy = bears = risk off!!

trade smartly
It is possible to make large sums trading, small losses, large wins
  • #663,335
  • Jun 29, 2012 7:39am Jun 29, 2012 7:39am
Shorted from 1.2642.. Reason for rise..? Only embargo on Iran and oil price, or smth else?
  • #663,336
  • Jun 29, 2012 7:40am Jun 29, 2012 7:40am
Quoting supertubes
Best to sit on your hands till NY opens
JJ
  • #663,337
  • Jun 29, 2012 7:41am Jun 29, 2012 7:41am
Quoting omadivi
gold is up...oil is up...the dollar index has been dropping since last night...for those who dnt know what all these mean, its risk on!!...


weak usd + weak jpy = bulls = risk on!!
strong usd + strong jpy = bears = risk off!!

trade smartly

JPY has got nothing to do with bulls or bears. dollar index Yes.
  • #663,338
  • Jun 29, 2012 7:42am Jun 29, 2012 7:42am
bull flag example for trading books
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  • #663,339
  • Edited 7:55am Jun 29, 2012 7:44am | Edited 7:55am
I guess the euro is fixed now lol.

God damn why did I short it. @@
  • #663,340
  • Jun 29, 2012 7:44am Jun 29, 2012 7:44am
Quoting DrTuner
EDIT: Target 38fib at 1.2678, next week if not today. Not trading it, just eyeballing if I'm right. R/R is not good enough at the moment, needs to drop near 1.2540 for better entry.
Well, didn't enter but it was today. If I were to enter, a quick short scalp. But I won't as I've promised myself already
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