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EURUSD

  • #665,721
  • Jul 5, 2012 8:00am Jul 5, 2012 8:00am
Last candle finished with bullish hammer. Can we expect the price to growth ? I belive so. 1.24 will hold
  • #665,722
  • Jul 5, 2012 8:01am Jul 5, 2012 8:01am
Sooooo I am all out..

closed all together with +574 pips on EU GU together..

No overtrading for me.. i am out.. gl all.. try to get as much as you can..!
  • #665,723
  • Jul 5, 2012 8:02am Jul 5, 2012 8:02am
can you believe this had listed as medium impact??

German chancellor Merkel says Germany entered no agreements at last EU summit that go beyond existing treaties
If you are new to Forex? Say Goodbye to your account!!
  • #665,724
  • Jul 5, 2012 8:10am Jul 5, 2012 8:10am
Quoting jayjayscot
Last candle finished with bullish hammer. Can we expect the price to growth ? I belive so. 1.24 will hold
Next is 1.22
  • #665,725
  • Jul 5, 2012 8:11am Jul 5, 2012 8:11am
heres my update didnt work out and their is a buy stop at 2356
Attached Image (click to enlarge)
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  • #665,726
  • Jul 5, 2012 8:12am Jul 5, 2012 8:12am
Quoting KiwiTrada
can you believe this had listed as medium impact??

German chancellor Merkel says Germany entered no agreements at last EU summit that go beyond existing treaties
HAHA Gotta love Merkel. She is playing a very smart game.

The only time Germany will yield is if their bond market and equities market crash.

They'll be so happy with a weak EUR though.
  • #665,727
  • Jul 5, 2012 8:13am Jul 5, 2012 8:13am
Quoting ibram.forex
Next is 1.22
dont u wait tomorow to see if nfp get green to take in that direction??? or u fell it allready
  • #665,728
  • Jul 5, 2012 8:23am Jul 5, 2012 8:23am
Quoting satheesh
any one long @1.2396?
i would not long.. and especially above 2368 today. maybe there is a scalp in it after 2368 and e-close. not a recomedation, if i was going to do it, it would be after 2368 or more is touched min. 2328.5 was/is a better place. i still donr recomend a long.. w/o a reversal signal after 2368
those who can, do. those who cant, talk about those who can
  • #665,729
  • Jul 5, 2012 8:23am Jul 5, 2012 8:23am
So everyone on here who believes in trading on fundamentals such as interest rate changes, what do you have to say about the well proven fact that is UIRP failure?
  • #665,730
  • Jul 5, 2012 8:30am Jul 5, 2012 8:30am
Quoting gatorinla
i would not long.. and especially above 2368 today. maybe there is a scalp in it after 2368 and e-close. not a recomedation, if i was going to do it, it would be after 2368 or more is touched min. 2328.5 was/is a better place. i still donr recomend a long.. w/o a reversal signal after 2368
i dont recomend a short here either.. wait for a bounce.
those who can, do. those who cant, talk about those who can
  • #665,731
  • Jul 5, 2012 8:31am Jul 5, 2012 8:31am
Quoting rsmith911
So everyone on here who believes in trading on fundamentals such as interest rate changes, what do you have to say about the well proven fact that is UIRP failure?
define it
those who can, do. those who cant, talk about those who can
  • #665,732
  • Jul 5, 2012 8:32am Jul 5, 2012 8:32am
too risky to go long today.







Quoting satheesh
any one long @1.2396?
  • #665,733
  • Jul 5, 2012 8:34am Jul 5, 2012 8:34am
2368 hit now.. now is the time to look for a reverse candle formation on a smaller tf like a 15 m.. not a large tf,yet.. it may be better to wait for eclose. just for scalp bounce.. when it tires look for a resuming candle formation to short. a long is still not a recomdation. but if your gonna do it anway.. wait for a reason to piss away money other then a feeling. if your a serious player looking for 2964. i would still wait, but risk at 2368 is less then 90 pips. with the 2962 reward. that one is still valid.
those who can, do. those who cant, talk about those who can
  • #665,734
  • Jul 5, 2012 8:37am Jul 5, 2012 8:37am
Hi Trader,

I have been trading with EURUSD for quite some time now, but just registered has a member. All this while I have been only learning the way all of you trade and place my orders based on your sentiment and 90% it brings profit forward. Like today I stayed on short the whole day and WOW..Thanks to all of you traders.
  • #665,735
  • Jul 5, 2012 8:39am Jul 5, 2012 8:39am
Quoting gatorinla
2368 hit now.. now is the time to look for a reverse candle formation on a smaller tf like a 15 m.. not a large tf,yet.. it may be better to wait for eclose. just for scalp bounce.. when it tires look for a resuming candle formation to short. a long is still not a recomdation. but if your gonna do it anway.. wait for a reason to piss away money other then a feeling.
I closed all my shorts from 12530 to 12368, whne are you going long? any buy pending orders?
  • #665,736
  • Jul 5, 2012 8:39am Jul 5, 2012 8:39am
Quoting gatorinla
i would not long.. and especially above 2368 today. maybe there is a scalp in it after 2368 and e-close. not a recomedation, if i was going to do it, it would be after 2368 or more is touched min. 2328.5 was/is a better place. i still donr recomend a long.. w/o a reversal signal after 2368
thank you for your advice.I have closed that long @404 with that bounce.me too waiting for a reversal candle @360 area
Read the chart... Fundies are catalyst...
  • #665,737
  • Jul 5, 2012 8:39am Jul 5, 2012 8:39am
LONG EURUSD @ 1.23786
SL @ 1.23619
TP @ 1.23986

Ready to rock!

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_-FXTRADE_LONG_1.png Size: 63 KB


-fighter
  • #665,738
  • Jul 5, 2012 8:39am Jul 5, 2012 8:39am
Quoting Trader88q
now again. u can listen me or u just dont. u are on your own.
(last friday example when i hardlly recomended to sell euro at level 2690.)

i think that today need to see how wall street will act.
just at the end of session i am gona buy euro.
or maybe on monday. dont buy on friday.
i will buy at 2330 if it will reach.

wall street will add more fall additional 70 pips down.
Agree, I posted the same in this thread: http://www.forexfactory.com/showthre...40#post5811440

And now it came to all points and probably should reverse for a retrace, up to
fib61.8

http://i48.tinypic.com/24n4dhs.png
  • #665,739
  • Jul 5, 2012 8:48am Jul 5, 2012 8:48am
Quoting rsmith911
So everyone on here who believes in trading on fundamentals such as interest rate changes, what do you have to say about the well proven fact that is UIRP failure?
i dont no what virp is but as a fundi myself ill quickly explain that when interest rates rise you get inflation and when interest rates go down you get deflation so i dont invest in curencys with high interest rates because inflation devalues that curency of course theirs still pros and cons from there manly a cheap 3rd world manufactuing base in an inflated currency. all third world country have had their curencys badly inflated like india africa and china.
  • #665,740
  • Jul 5, 2012 8:48am Jul 5, 2012 8:48am
Provided that we break the lows 1.9xx will be coming into play.
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