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  • #672,321
  • Jul 26, 2012 10:13am Jul 26, 2012 10:13am
Quoting mohan76
she can turn this rally around with statement/email to German media (is it spekel ?)
This rally is for real, Mohan.


Its looking like 1.24xx is coming , but might have to wait until early next week to see it
  • #672,322
  • Jul 26, 2012 10:17am Jul 26, 2012 10:17am
Quoting almo
This rally is for real, Mohan.


Its looking like 1.24xx is coming , but might have to wait until early next week to see it
technically yes, i had 232x but i did not trusted my levels and closed my long from 2050 yesterday after London close,

headline :
Two German coalition law makers, Schaeffler and Willsch, who voted against measures to bailout cash-strapped euro-regions, criticized the announcement made by ECB's Draghi that the ECB will do whatever is needed to preserve the Euro
http://www.bloomberg.com/news/2012-0...latt-says.html

Spain budget minister on wire
Mohan
  • #672,323
  • Jul 26, 2012 10:19am Jul 26, 2012 10:19am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_h4_ew_count.jpg Size: 99 KB
  • #672,324
  • Jul 26, 2012 10:21am Jul 26, 2012 10:21am
High of the day in place? Perhaps...I wonder if Merlin sold this high...
  • #672,325
  • Jul 26, 2012 10:23am Jul 26, 2012 10:23am
Looks like a evening star formation is forming on the EUR/USD and the GBP/USD 1 hour - will probably close after NY at somewhere round the 1.2250 level. (in my humble opinion)
May the forex be with you |
  • #672,326
  • Jul 26, 2012 10:35am Jul 26, 2012 10:35am
Quoting Purple
I dont think that was an easy part, I went long when most of the people were saying short and that it looks bearish ..

I am not worried where it goes now from here.. cos i have already been long from the buyzones pointed earlier on that chart from 1570 with SL set at 1590..
Stop raised to 1610.
  • #672,327
  • Jul 26, 2012 10:37am Jul 26, 2012 10:37am
Quoting Purple
Stop raised to 1610.
nice trailing, can be taken out anytime now. bull steam is losing.
  • #672,328
  • Jul 26, 2012 10:38am Jul 26, 2012 10:38am
Just placed my sell
Good luck and may the odds be ever in your favor!
  • #672,329
  • Jul 26, 2012 10:47am Jul 26, 2012 10:47am
Quoting mahimahi
MOVE UP TO POSSIBLE 1.25XXX??
Attached Image
Daytrader
  • #672,330
  • Jul 26, 2012 10:48am Jul 26, 2012 10:48am
It is a bull shit news to hunt the stop loss
  • #672,331
  • Jul 26, 2012 10:53am Jul 26, 2012 10:53am
Quoting 5percent
nice trailing, can be taken out anytime now. bull steam is losing.
am considering buying @ 1.2270, what do you think ?
trading live like a demo...
  • #672,332
  • Jul 26, 2012 11:02am Jul 26, 2012 11:02am
KiWi so strong today +1.58%
  • #672,333
  • Jul 26, 2012 11:10am Jul 26, 2012 11:10am
If only I had a penny for everytime I heard "we are doing whatever it takes", like a doctor talking about his patients in the hospital who are about to die.
The rally could be short lived if measures aren't actually taken anytime soon.
Gotta monitor the Spanish bond yields, if they start creepin back higher tomorrow to 7%+, SHORT EURUSD
  • #672,334
  • Jul 26, 2012 11:16am Jul 26, 2012 11:16am
Quoting ben24
am considering buying @ 1.2270, what do you think ?
I'm not too sure atm...charts are choppy...I'm thinking it will fall for the rest of the day though
Good luck and may the odds be ever in your favor!
  • #672,335
  • Jul 26, 2012 11:27am Jul 26, 2012 11:27am
Quoting mercy seat
I don't expect this to go lower than 1.2245 - 1.2227 interim level very soon ...

Our BE is currently at 1.227165 ...

But that can change very soon again ...





;-|
After fresh highs of 1.2318 and 1.2329 has been hit and taken out ... which is above third daily pivotal resistance zone ... next move will be down again ... and 1.2244 or 1.2213 can be easily re-visited again ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #672,336
  • Jul 26, 2012 11:29am Jul 26, 2012 11:29am
Quoting gatorinla
i want to s it near 5776 ... no higher. if we the chf is right with half its 600 pips.. i should get the chance. 5452 is a s
almost there
those who can, do. those who cant, talk about those who can
  • #672,337
  • Jul 26, 2012 11:29am Jul 26, 2012 11:29am
still fortune cookies sellers around..

amazing place..
  • #672,338
  • Jul 26, 2012 11:34am Jul 26, 2012 11:34am
After fresh highs of 1.2318 and 1.2329 has been hit and taken out ... which is above third daily pivotal resistance zone ... next move will be down again ... and 1.2244 or 1.2213 can be easily re-visited again ...

Is this based on 38% fib?
  • #672,339
  • Jul 26, 2012 11:42am Jul 26, 2012 11:42am
breaks 2325/45 up to 2460/80 with some ease or not !?
  • #672,340
  • Jul 26, 2012 11:50am Jul 26, 2012 11:50am
I don't think anyone can claim proudness for what happened , this was completely random and no one expected this rally to go that far - i'm completely surprised. My position was short with a pending order at 1.20600 and left the computer opened and went to work. i actually thought i had this in the bag and didn't event check online what happened ! i expected a minor rally something like 40 pip above current price ( which was 1.21300 ) but , ....

Anyway, i'm sidelining at the moment and waiting for a good chance for a short. I think we will see a retrace to 22500 in which will find some eager buyers to jump back again to 23300 , but i really doubt the magician can bull two rabbits out of his hat twice.

Congratulations to the long positions that were highly rewarded.
"It's the Margin, Stupid."
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