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EURUSD

  • #663,981
  • Jul 2, 2012 9:02am Jul 2, 2012 9:02am
Quoting Crassius
Its 10 AM and guess where price is?
1.2600 excellent!
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #663,982
  • Jul 2, 2012 9:03am Jul 2, 2012 9:03am
Quoting pip_trader
why does the trading thin out during summer?
Summer vacation.. funds and bank traders take leave and go on holidays.. you can literally notice less people walking on Wall Street..
  • #663,983
  • Jul 2, 2012 9:03am Jul 2, 2012 9:03am
why isnt it falling? bad news and still
  • #663,984
  • Jul 2, 2012 9:04am Jul 2, 2012 9:04am
Quoting sukkim
Where we can set the TP based on this strategy? I am looking further downside.
Good day to you,

Best attempt long to be @ 1.2589.. and 1.2579..

TP at the tippy @ 1.2665

SL @ 1.2565 . good enough R:R

Regards
  • #663,985
  • Jul 2, 2012 9:04am Jul 2, 2012 9:04am
Very strange that equities are falling like a rock and currencies are unchanged on ISM disaster numbers -- delayed reaction? Ususally not by this much
  • #663,986
  • Jul 2, 2012 9:05am Jul 2, 2012 9:05am
Quoting undertaker66
we can place this system in the basement
ooh, my very favourite place!! Back to the markets
  • #663,987
  • Jul 2, 2012 9:06am Jul 2, 2012 9:06am
what about this shit??? why isnt falling?

holy shit look at ej
  • #663,988
  • Edited 9:07am Jul 2, 2012 9:06am | Edited 9:07am
Spanish Ten year takes out former support turned resistance at 6.3 -- bearish--

Watch for those stops at 2580 to get tripped... or hold
  • #663,989
  • Jul 2, 2012 9:07am Jul 2, 2012 9:07am
Quoting TauTrader
Good day to you,

Best attempt long to be @ 1.2589.. and 1.2579..

TP at the tippy @ 1.2665

SL @ 1.2565 . good enough R:R

Regards
Good call, thanks
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #663,990
  • Jul 2, 2012 9:07am Jul 2, 2012 9:07am
Quoting undertaker66
why isnt it falling? bad news and still
EURJPY just fell some 50 pips since news.
  • #663,991
  • Jul 2, 2012 9:08am Jul 2, 2012 9:08am
Iran parliment has passed a bill backing the Closing of the Str8 of Hormuz ---
  • #663,992
  • Jul 2, 2012 9:08am Jul 2, 2012 9:08am
Do you guys see what is going on with oil????H1
Feckin hell! sharp moves both ways
swing it!
  • #663,993
  • Jul 2, 2012 9:08am Jul 2, 2012 9:08am
Quoting Crassius
Iran parliment has passed a bill backing the Closing of the Str8 of Hormuz ---

They need OIL to go up -- still perfectly timed with the data relese to spook markets through the stops at 2580
  • #663,994
  • Jul 2, 2012 9:09am Jul 2, 2012 9:09am
all risk currencies did tank. NZD and AUD were up .2-3% and now negative. It was a weird delay. At first EURO actually moved up for a quick second then dropped.
  • #663,995
  • Jul 2, 2012 9:09am Jul 2, 2012 9:09am
Quoting TauTrader
Good day to you,

Best attempt long to be @ 1.2589.. and 1.2579..

TP at the tippy @ 1.2665

SL @ 1.2565 . good enough R:R

Regards

formation invalid once@ 1.2571

Regards
  • #663,996
  • Jul 2, 2012 9:10am Jul 2, 2012 9:10am
Quoting Doji Star
EURJPY just fell some 50 pips since news.
ohhhh shit i should have sold ej instead of eu
  • #663,997
  • Jul 2, 2012 9:10am Jul 2, 2012 9:10am
Quoting Crassius
Iran parliment has passed a bill backing the Closing of the Str8 of Hormuz ---
More Clarity --

Its a draft bill not passed -- it would apply to tankers from those countries that support sanctions...
  • #663,998
  • Jul 2, 2012 9:12am Jul 2, 2012 9:12am
Quoting Crassius
More Clarity --

Its a draft bill not passed -- it would apply to tankers from those countries that support sanctions...
Well this is a clear sign of war, US will never let them do it.....
swing it!
  • #663,999
  • Jul 2, 2012 9:14am Jul 2, 2012 9:14am
and it is up.
  • #664,000
  • Jul 2, 2012 9:15am Jul 2, 2012 9:15am
Spanish Ten Year now trades 6.335 which is still good... below 6.3 was very very good

Above 6.6 means risk off, Euro crisis back in play --

Of course 6.9 or above Spain meeds bailout -- hit the sell button


The Iran story -- is blustering bullshit but spooky none the less --

stops at 2580 hold best clue if further downside in the future or we hold here and consolidate

I vote lower
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