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EURUSD

  • #665,441
  • Jul 5, 2012 4:20am Jul 5, 2012 4:20am
Good morning... seems like Asians didnt let euro to recover (as always)
How to Win at Sports Betting: DON'T DO IT!
  • #665,442
  • Jul 5, 2012 4:20am Jul 5, 2012 4:20am
Quoting Trader88q
my comment 3 hours ago when euro was 2530

where is that guy? hey where are you ?
okay... nice for u..

do you take a trade?
  • #665,443
  • Jul 5, 2012 4:21am Jul 5, 2012 4:21am
Seems we're going straight to 1.24820..that might be a good place for a buy..but i dought it will surpass 1.2525 if it bounces back
  • #665,444
  • Jul 5, 2012 4:22am Jul 5, 2012 4:22am
Quoting shmandi
gu also gave us nice entry on a retrace
you make nice sell
retrace like from the book
http://www.forexfactory.com/showthre...80#post5815380
  • #665,445
  • Jul 5, 2012 4:24am Jul 5, 2012 4:24am
pending sell @1.2520.Pending buy @1.2450

the buy order may be filled while news hours
Read the chart... Fundies are catalyst...
  • #665,446
  • Jul 5, 2012 4:24am Jul 5, 2012 4:24am
Quoting KiwiTrada
yes, there is a few fences, strengthening and weakening as pa progress,s I still targeting 5413ish but dont want her to fall straight away, if her do is ok trailing will cover her fall but she will run into a retest of the breached daily bull flag, but if her take her time maybe next wednesdayish 5413 could converge with retest, however I happy to take what pa will give if her retest breached flag before converging with 5413, may close her and wait retest, just leave runners

been a patient 2 weeks
I do have 5335 or even Jan low as well, just didn't want to fire that up straight away this would be ultimate patience tester.
green pips to you Kiwi thanks for the input.
swing it!
  • #665,447
  • Jul 5, 2012 4:25am Jul 5, 2012 4:25am
Quoting DrTuner
1.25 gave very easily. I think the bulls are still on holiday.
Markets running their engines in neutral. Could be a setup/covering for a long trade?

As for what the "experts" are saying about selling the EUR if no ECB cut, or even if there is...I would disregard.

As for my actions, I will watch how market reacts to ECB, but also might wait for NY to come on and see how U.S. economic news affects trades. If U.S. news at expectations, I favor a long above 1.2541 and then see if it breaks 1.2615 for bigger trade. If U.S. news bad-which is what I suspect-then I will go short towards 1.2365.

I think tomorrow will be interesting as well.
"The market can remain irrational longer than you can remain solvent"
  • #665,448
  • Jul 5, 2012 4:28am Jul 5, 2012 4:28am
lower tfs seems to be bottoming. will wait now to see what news will cook for us
  • #665,449
  • Jul 5, 2012 4:28am Jul 5, 2012 4:28am
Quoting shmandi
well done

some reaction is also possible at these levels...12470-5 is likely though
  • #665,450
  • Jul 5, 2012 4:30am Jul 5, 2012 4:30am
Anyone going Long???
  • #665,451
  • Jul 5, 2012 4:32am Jul 5, 2012 4:32am
Quoting Mr.MaginCole
Anyone going Long???
probably in 2 hours
why going long now?
  • #665,452
  • Jul 5, 2012 4:32am Jul 5, 2012 4:32am
Quoting Greener
some reaction is also possible at these levels...12470-5 is likely though
strong demand was seen at 12479 and 12550
  • #665,453
  • Jul 5, 2012 4:32am Jul 5, 2012 4:32am
Quoting Mr.MaginCole
Anyone going Long???
I have seen nothing to go long in my chart
Read the chart... Fundies are catalyst...
  • #665,454
  • Jul 5, 2012 4:32am Jul 5, 2012 4:32am
Quoting Vtmn
Good morning... seems like Asians didnt let euro to recover (as always)
Almost Good afternoon... Are you saying that they never let it to recover?
"Study the past if you would define the future." Confucius
  • #665,455
  • Jul 5, 2012 4:32am Jul 5, 2012 4:32am
Quoting Greener
some reaction is also possible at these levels...12470-5 is likely though
1.25 is supporting for now.i just closed all shorts and will wait
  • #665,456
  • Jul 5, 2012 4:33am Jul 5, 2012 4:33am
My first post. Woohoo.

Curious to know how long a time frame do you guys normally hold position once you enter? Or when you reach your target pip...generally how long would you wait?

Hi everyone! from Canada here.
  • #665,457
  • Jul 5, 2012 4:35am Jul 5, 2012 4:35am
2485 is a possible level for further action to unfold, what will be next on the table? no idea, don't even trying to predict.
swing it!
  • #665,458
  • Jul 5, 2012 4:36am Jul 5, 2012 4:36am
oil had nice sparked

edit
Ireland 500m 3 month t-bill 1.8% yield
Mohan
  • #665,459
  • Jul 5, 2012 4:36am Jul 5, 2012 4:36am
Quoting Mr.MaginCole
Anyone going Long???
  • #665,460
  • Jul 5, 2012 4:38am Jul 5, 2012 4:38am
Quoting littlemole
Almost Good afternoon... Are you saying that they never let it to recover?
never is a strong word, but lately yes except 28 June
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