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EURUSD

  • #665,681
  • Jul 5, 2012 7:35am Jul 5, 2012 7:35am
Quoting acacia357
only 10 times more manipulated than stocks
Stock market is so tiny compared to Forex.
  • #665,682
  • Jul 5, 2012 7:35am Jul 5, 2012 7:35am
Quoting daemon_delux
Who'd be stupid enough to leave a correlation algo on a rate change day?
You'd be surprised at the number of algo trading desks who do let their algos run regardless of news related events only to be rushing to turn them off when correlation breaks down.
  • #665,683
  • Jul 5, 2012 7:35am Jul 5, 2012 7:35am
PA is working hard to break 1.24 .. aha went again
  • #665,684
  • Jul 5, 2012 7:36am Jul 5, 2012 7:36am
Quoting shmandi
every one must figure it out for themselves
Of course they must figure it out by themselves, but watching someone else's analysis could bring objective points in discussions. That's what I was reffering to.
Please, just slap me around if I'm being silly ...
  • #665,685
  • Jul 5, 2012 7:36am Jul 5, 2012 7:36am
the current price is @23.6% fib of the whole up move.so the long opened @1.2396 with sl 30 pip .let us wait and see what this fib will do
Read the chart... Fundies are catalyst...
  • #665,686
  • Jul 5, 2012 7:36am Jul 5, 2012 7:36am
Quoting DrTuner
The Swiss must be bleeding through the gums..
nope both boj and snb is active
If you are new to Forex? Say Goodbye to your account!!
  • #665,687
  • Jul 5, 2012 7:36am Jul 5, 2012 7:36am
Hey Guys

Eur come on down

http://www.pcmupload.com/di-A5U5.gif
  • #665,688
  • Jul 5, 2012 7:36am Jul 5, 2012 7:36am
Quoting Esssex
You'd be surprised at the number of algo trading desks who do let their algos run regardless of news related events only to be rushing to turn them off when correlation breaks down.
If i'd own those trading desks, I'd chop their heads off. And I mean that.
Please, just slap me around if I'm being silly ...
  • #665,689
  • Jul 5, 2012 7:36am Jul 5, 2012 7:36am
Quoting daemon_delux
We don't know. Study, start analysing price action, draw trendlines, know fundamentals, and you can tell us. Never follow someone else's call, maybe just their analysis, if it is sound.

Thanks Mate Advice Taken
  • #665,690
  • Jul 5, 2012 7:37am Jul 5, 2012 7:37am
Quoting daemon_delux
Of course they must figure it out by themselves, but watching someone else's analysis could bring objective points in discussions. That's what I was reffering to.
there is so much contradiction here... it is hard to tell who to pay attention to
  • #665,691
  • Jul 5, 2012 7:38am Jul 5, 2012 7:38am
final target 63 for now?
  • #665,692
  • Jul 5, 2012 7:38am Jul 5, 2012 7:38am
I think 1.2300 coming soon
  • #665,693
  • Jul 5, 2012 7:39am Jul 5, 2012 7:39am
Quoting shmandi
there is so much contradiction here... it is hard to tell who to pay attention to
That's why you need to go to babypips.com first, so you can know who to listen to, get some knowledge, apply it through a demo account.

Plus, there's the vouching system, and that's why it's there for.
Please, just slap me around if I'm being silly ...
  • #665,694
  • Jul 5, 2012 7:39am Jul 5, 2012 7:39am
I have been short since 12530, I love it, any TP anyone?
  • #665,695
  • Jul 5, 2012 7:39am Jul 5, 2012 7:39am
best yen short AJ...price @82.07

trade smartly
It is possible to make large sums trading, small losses, large wins
  • #665,696
  • Jul 5, 2012 7:40am Jul 5, 2012 7:40am
Let's see if 1.24 now becomes resistance. Could retrace too. Eyes on the screen.
  • #665,697
  • Jul 5, 2012 7:40am Jul 5, 2012 7:40am
Quoting undertaker66
final target 63 for now?
Might be 63, might be 30, might go up. On a daily average of 115, with a high to low of 155 today, might not have much juice in it.

Tomorrow the NFP, folks. It might end here. Just imho.

LE : That's just my opinion. Go for your own opinions, and if they prove right, I'll excuse myself. I'm out of the market since 1.24, so this is a no trade zone for me.
Please, just slap me around if I'm being silly ...
  • #665,698
  • Jul 5, 2012 7:40am Jul 5, 2012 7:40am
Quoting shmandi
there is so much contradiction here... it is hard to tell who to pay attention to
Whose ever mountain is biggest is closest to the sun for your tree to grow.
Play the players, not the cards.
  • #665,699
  • Jul 5, 2012 7:41am Jul 5, 2012 7:41am
Quoting undertaker66
final target 63 for now?
there are three options: we dont get there. we get there and reverse. we get there and break through
you cant expect to get every pip of the move. so just watch pa and exit when you dont feel comfortable anymore
  • #665,700
  • Jul 5, 2012 7:42am Jul 5, 2012 7:42am
Quoting satheesh
the current price is @23.6% fib of the whole up move.so the long opened @1.2396 with sl 30 pip .let us wait and see what this fib will do
you are catching the biggest knife you could... look at the daily almost all pathetic june gains wiped out.

btv for draghi
swing it!
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