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EURUSD

  • #669,341
  • Jul 18, 2012 7:00am Jul 18, 2012 7:00am
Yes the EUR is taking a beating
But things will turn around,
We just have to catch the ride back up
Not that keen doing shorts at this level
Its been a tricky rooster tonight
  • #669,342
  • Jul 18, 2012 7:00am Jul 18, 2012 7:00am
Quoting mercy seat
You see ... abreviations is not good ...

Nobody really understands ...

###

And moreover where your socalled monthly support is derived from?

Pivotal it is not ...



Wondering a little ...

###

http://www.actionforex.com/markets/p...tmpl=component

You can use this in case you don't like to calculate on your own with higher accuracy or precision ...




;-|
Long 1.22251 ...

13h42





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #669,343
  • Jul 18, 2012 7:04am Jul 18, 2012 7:04am
Quoting MaxDoom
thanks,

a tough audience I post a live setup with analysis, entries, targets and methods - trade goes all to plan and you are the only comment - this thread is terribly dead
i want to take another short at 1.224x.do you think its wise?
  • #669,344
  • Jul 18, 2012 7:04am Jul 18, 2012 7:04am
Quoting mercy seat
Long 1.22251 ...

13h42





;-|
btw are u serious about ur pivots? look at my chart and compare whose points are better
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  • #669,345
  • Jul 18, 2012 7:05am Jul 18, 2012 7:05am
Quoting Dayboy001
would now be closed @

Eur @ 1.2243 +18
GBP @ 1.5608 +13
hello nice system saw your thread please where was your stop loss
  • #669,346
  • Jul 18, 2012 7:05am Jul 18, 2012 7:05am
anyone knows why we had such a big drop today?
  • #669,347
  • Jul 18, 2012 7:06am Jul 18, 2012 7:06am
Quoting mercy seat
Long 1.22251 ...

13h42





;-|
did you take it on retracment if you look at 1min? just wondering about your approach..edit. i just saw the time stamp, rgr
  • #669,348
  • Jul 18, 2012 7:10am Jul 18, 2012 7:10am
Quoting King Kong
hello nice system saw your thread please where was your stop loss
Hi Thread is old, no one came so I got fed up just posting, I was also demo back then.

I didn't actually trade it as mentioned but my SL on both would've been -13
  • #669,349
  • Jul 18, 2012 7:18am Jul 18, 2012 7:18am
Quoting mercy seat
Long 1.22251 ...

13h42





;-|
I think I seen what you seen mercy, I also think you might be a tad early, is a tug of war now, bennie soon, so maybe things could get shaken up, will know shortly
If you are new to Forex? Say Goodbye to your account!!
  • #669,350
  • Jul 18, 2012 7:19am Jul 18, 2012 7:19am
When is BEN talking? on what matters?
  • #669,351
  • Jul 18, 2012 7:20am Jul 18, 2012 7:20am
Quoting divak
When is BEN talking? on what matters?
In 1H40M
  • #669,352
  • Edited 8:18am Jul 18, 2012 7:21am | Edited 8:18am
I wish I could speak technically like some of you guys, but all I know is plain English.

It hit a support at 1.2164 on Friday.

It then made a couple of bunny hops up on Mon/Tues, aided somewhat yesterday by that nice Mr Bernanke, which was very good for quick scalping.

I was able to draw a trendline from the lows, so my guess was - a third bunny hop up. It did not go as high as I expected during the Asian session so that gave me a little more confidence.

Anyway, I was looking at a possible bounce off that supporting trendline, which also coincides roughly with the daily S1.

This has played out nicely.

Now at this point, it is dithering about, it is only 50-odd pips higher than the Friday low and methinks Mr Bernanke is called upon again to work his magic.

Will this give us another bunny hop, or will it be another fallback? We will know soon enough.
  • #669,353
  • Jul 18, 2012 7:23am Jul 18, 2012 7:23am
Quoting divak
anyone knows why we had such a big drop today?
Sell the rallies.
Time turns trend. - W.D. Gann
  • #669,354
  • Jul 18, 2012 7:23am Jul 18, 2012 7:23am
I do not know if I can buy EUR before 2130 !??
  • #669,355
  • Jul 18, 2012 7:26am Jul 18, 2012 7:26am
i think after "Building Permits" 14:30 (gmt +1) e/u going back to daily high this is only my opinion
More on my Blog...
  • #669,356
  • Jul 18, 2012 7:31am Jul 18, 2012 7:31am
I'm just waiting on price to close above 1.2234, then watch as it stays inbetween that and 1.2246 until Bernie speaks. Then watch it take off north, with a target around 1.2340ish.
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Time turns trend. - W.D. Gann
  • #669,357
  • Jul 18, 2012 7:33am Jul 18, 2012 7:33am
Quoting ForExtraPips
I'm just waiting on price to close above 1.2234, then watch as it stays inbetween that and 1.2246 until Bernie speaks. Then watch it take off north, with a target around 1.2340ish.
north when bernanke speaks?
  • #669,358
  • Jul 18, 2012 7:36am Jul 18, 2012 7:36am
Quoting undertaker66
north when bernanke speaks?
Yep. He will end up saying something that will be misinterpreted or interpreted as risk on- risk off type talk. Then watch it fly before it dives.
Time turns trend. - W.D. Gann
  • #669,359
  • Jul 18, 2012 7:38am Jul 18, 2012 7:38am
Quoting ForExtraPips
Yep. He will end up saying something that will be misinterpreted or interpreted as risk on- risk off type talk. Then watch it fly before it dives.
what? yesterday but reversed???
  • #669,360
  • Jul 18, 2012 7:41am Jul 18, 2012 7:41am
Quoting undertaker66
what? yesterday but reversed???
What can Ben say that he didn't say yesterday?
"The market can remain irrational longer than you can remain solvent"
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