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EURUSD

  • #672,141
  • Jul 26, 2012 6:19am Jul 26, 2012 6:19am
Quoting IndianTiger
Seems that all of those expert forex traders who short eu after the big spike have now disappeared as their technical s have failed...
Sort now TP-1.2240
  • #672,142
  • Jul 26, 2012 6:20am Jul 26, 2012 6:20am
164 pips...crazy...if you ask me...still in loss right now...
  • #672,143
  • Jul 26, 2012 6:20am Jul 26, 2012 6:20am
i have 1,22863
  • #672,144
  • Jul 26, 2012 6:22am Jul 26, 2012 6:22am
Quoting JackintheBox
164 pips...crazy...if you ask me...still in loss right now...
u'r in trouble man, so u not using SL.. >.<
  • #672,145
  • Jul 26, 2012 6:23am Jul 26, 2012 6:23am
Took a short at 1.2277.... just love the number
Lets make some green pips
  • #672,146
  • Jul 26, 2012 6:24am Jul 26, 2012 6:24am
@mercy seat: Such moves are very rare. Hope you handled it well - have you traded such setups before ? Me first time on that exageration...doing quite well

right now...buying buying...me. (cover ...)
  • #672,147
  • Jul 26, 2012 6:24am Jul 26, 2012 6:24am
Quoting IndianTiger
Seems that all of those expert forex traders who short eu after the big spike have now disappeared as their technical s have failed...
Simple.

The losers disappear and the winners shows off their winning trade.
  • #672,148
  • Jul 26, 2012 6:25am Jul 26, 2012 6:25am
looking closely to 1m Chart for scalp..

long 2260

tp 2270

sl 2255

Sl hit damit...

so mad, if i just put sl 1 pips lower.. will get TP now..
  • #672,149
  • Jul 26, 2012 6:26am Jul 26, 2012 6:26am
back to 1.2240 by the hour, 1.2180 by tmr night
  • #672,150
  • Jul 26, 2012 6:26am Jul 26, 2012 6:26am
Quoting alexbs
i'll set my sell limit at 1.2320.. small SL 8pips is enough..

you should expect a pullback here but it should not exceed 1.2170 if a further run up is to have a go at 1.232x and if it does you should expect that to be taken out.....

trading this pull back short is high risk.....

I am flat at the top will wait for the pull back to complete
  • #672,151
  • Jul 26, 2012 6:26am Jul 26, 2012 6:26am
Just thought I'd return here and throw this out.

Draghi may have caused a spike but remember no concrete action have been suggested or cast in stone yet so fundamental outlook for Europe has not changed.

Remember the ESM spike from the EU summit last month where all risk currencies spiked 200+ pips? What happened to the EUR/USD after it became clear that there was still no concrete plan to save the Europe in the coming days?

The EUR/USD fell and got enough momentum to make new lows while commodity currencies tanked. So right now hold your horses take a minute to consider the upcoming events and put in some defensive plays to protect yourself and your profits from this spike.
  • #672,152
  • Jul 26, 2012 6:27am Jul 26, 2012 6:27am
short 2277 SL BE
Will ride down the spike on nothing new from Dragi
  • #672,153
  • Jul 26, 2012 6:28am Jul 26, 2012 6:28am
It's getting old to wake up in the morning and see my numbers on Reuters the next day..to the pip.

http://www.forexfactory.com/showthre...42#post5876642

http://www.reuters.com/article/2012/...8IQDAR20120726
  • #672,154
  • Jul 26, 2012 6:28am Jul 26, 2012 6:28am
8% left...in the profit wooohaa. For first entry on 22.15 good manage overlaveraged a tiny bit but my posimanagement was quite good.

It's not important to hit every time but sometimes you should... how this damn thing took out 22.43 (about)... ECB was buying ?

Draghi is really crazy - I think.

greets Jack
  • #672,155
  • Jul 26, 2012 6:29am Jul 26, 2012 6:29am
Quoting 4rx
Took a short at 1.2277.... just love the number
Closed for +20pips scalp
Lets make some green pips
  • #672,156
  • Jul 26, 2012 6:30am Jul 26, 2012 6:30am
Did anyone get the all move?
"Men who can both be right and sit tight are uncommon."
  • #672,157
  • Jul 26, 2012 6:30am Jul 26, 2012 6:30am
Quoting JackintheBox
8% left...in the profit wooohaa. For first entry on 22.15 good manage overlaveraged a tiny bit but my posimanagement was quite good.

It's not important to hit every time but sometimes you should... how this damn thing took out 22.43 (about)... ECB was buying ?

Draghi is really crazy - I think.

greets Jack
You should focus on your trade if you are in such tight position instead of spending time here.
  • #672,158
  • Jul 26, 2012 6:30am Jul 26, 2012 6:30am
Quoting divak
back to 1.2240 by the hour, 1.2180 by tmr night
great just more buying for me to a move 1.24 possibly higher
  • #672,159
  • Jul 26, 2012 6:30am Jul 26, 2012 6:30am
it would be good to pullback 1.2210 area.
Its not an advice and sorry for grammar.
  • #672,160
  • Jul 26, 2012 6:32am Jul 26, 2012 6:32am
Quoting alexbs
looking closely to 1m Chart for scalp..

long 2260

tp 2270

sl 2255

Sl hit damit

what are you doing chap it's not worth the risk......

Quoting MaxDoom
I have respect for honesty....

I wonder how many have even gone long at these levels only to get creamed on the pullback, where they will panic and reverse short, only to get creamed when it pushes forward again......

what look like great trade opportunities only exist if you were already in it - BUY the rumour SELL the fact otherwise your account will wither - even demo ones
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