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EURUSD

  • #664,001
  • Jul 2, 2012 9:16am Jul 2, 2012 9:16am
Quoting Nachiket
and it is up.
come again? we just broke through the dp

oh just missed another news
  • #664,002
  • Jul 2, 2012 9:16am Jul 2, 2012 9:16am
Quoting tomspin
Well this is a clear sign of war, US will never let them do it.....
Correct -- its just blustering to get the price of oil up -- still the market will react first to news like that
  • #664,003
  • Jul 2, 2012 9:17am Jul 2, 2012 9:17am
Bought @ 1.2684
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  • #664,004
  • Jul 2, 2012 9:17am Jul 2, 2012 9:17am
Quoting KillerWhale
Bought @ 1.2684
Tight stop, if fails try again 1.2550
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  • #664,005
  • Jul 2, 2012 9:18am Jul 2, 2012 9:18am
anybody buying now?
ok killer i see ..
  • #664,006
  • Jul 2, 2012 9:21am Jul 2, 2012 9:21am
Quoting hlina9
anybody buying now?
ok killer i see ..
broke support and h1/h4 want 50 now. So I don't know..
  • #664,007
  • Jul 2, 2012 9:22am Jul 2, 2012 9:22am
Quoting KillerWhale
Bought @ 1.2684

I like this entry because the stop can be so tight -- WP etc --- but I gotta stick to my trade plan... no discretionary trades allowed

Good luck

I think lower in the long run, but its a good guess at a bottom
  • #664,008
  • Jul 2, 2012 9:22am Jul 2, 2012 9:22am
eur/jpy has tanked after US data.
  • #664,009
  • Jul 2, 2012 9:22am Jul 2, 2012 9:22am
Quoting hlina9
anybody buying now?
ok killer i see ..
I dont know. Seems like a risk off day with the poor global PMI and US ISM. Euro Broke through pivot 1.26948 and next support on my chart is 1.24975.

Possibly only positive news can bump it up today.
  • #664,010
  • Jul 2, 2012 9:23am Jul 2, 2012 9:23am
Quoting Crassius
I like this entry because the stop can be so tight -- WP etc --- but I gotta stick to my trade plan... no discretionary trades allowed

Good luck

I think lower in the long run, but its a good guess at a bottom
what is your entry?
  • #664,011
  • Jul 2, 2012 9:23am Jul 2, 2012 9:23am
Quoting Crassius
Correct -- its just blustering to get the price of oil up -- still the market will react first to news like that
Turkey/Syria + Ormuz Crisis = serious war
Good excuse and perfect way to end the global crisis, history repeat itself
Shit.....
swing it!
  • #664,012
  • Jul 2, 2012 9:23am Jul 2, 2012 9:23am
Quoting attila
broke support and h1/h4 want 50 now. So I don't know..
I have a pending buy @ 1.2555
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  • #664,013
  • Jul 2, 2012 9:24am Jul 2, 2012 9:24am
Quoting undertaker66
come again? we just broke through the dp

oh just missed another news
it is because of eur/jpy. no need to get excited. it will bounce again. wait and watch.
  • #664,014
  • Jul 2, 2012 9:24am Jul 2, 2012 9:24am
Quoting Nachiket
eur/jpy has tanked after US data.
Damn -1%. Able to cash in on it?
  • #664,015
  • Jul 2, 2012 9:25am Jul 2, 2012 9:25am
Quoting attila
broke support and h1/h4 want 50 now. So I don't know..
this should go up ...but ...80 should hold...hmm..thx Atti
  • #664,016
  • Jul 2, 2012 9:25am Jul 2, 2012 9:25am
Quoting pip_trader
I dont know. Seems like a risk off day with the poor global PMI and US ISM. Euro Broke through pivot 1.26948 and next support on my chart is 1.24975.

Possibly only positive news can bump it up today.
You'd know immediately on a break of 1.2580 when the stops are hit to get out ---

I agree looks lower... but that trade has so little risk...
  • #664,017
  • Jul 2, 2012 9:26am Jul 2, 2012 9:26am
Quoting KillerWhale
Bought @ 1.2684
Nice in 15min chart AB=CD but looking further down move.
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TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #664,018
  • Jul 2, 2012 9:26am Jul 2, 2012 9:26am
can anybody tell me why this 50 number is so important?
  • #664,019
  • Jul 2, 2012 9:28am Jul 2, 2012 9:28am
Quoting Crassius
You'd know immediately on a break of 1.2580 when the stops are hit to get out ---

I agree looks lower... but that trade has so little risk...
now below 1.2580 with very little momentum.
"The market can remain irrational longer than you can remain solvent"
  • #664,020
  • Jul 2, 2012 9:28am Jul 2, 2012 9:28am
Quoting undertaker66
can anybody tell me why this 50 number is so important?
Look at H4, draw a Fib. retracement with a 1.2692 high and 1.2407 low and you will see
"Study the past if you would define the future." Confucius
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