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EURUSD

  • #673,881
  • Aug 1, 2012 5:27am Aug 1, 2012 5:27am
It'll prob stay very tight till the FOMC announcement, unless of course the Fed leaks before then. Definitely a risk to be aware of!
  • #673,882
  • Aug 1, 2012 5:27am Aug 1, 2012 5:27am
Quoting iNSIELD
DZA the fact this continues to hold above 1.23 with 3 very Clear rejections on the 1 hour chart and still is holding above. I'd be very scared to short but at the same time I don't think their is a long here either really no serious trade situation at the moment
thanks for the clarification
  • #673,883
  • Aug 1, 2012 5:27am Aug 1, 2012 5:27am
Quoting mohan76
how long we going to struck in this assassination zone ?
I start looking for somethin else to do now...
just got some new clothes arrived today...
now is time to tidy up my wardrobe
Patience, Emotion Control and Discipline.
  • #673,884
  • Aug 1, 2012 5:29am Aug 1, 2012 5:29am
Quoting mohan76
how long we going to struck in this assassination zone ?
Myself, I think I will be entering new trades not before Monday..
"Men who can both be right and sit tight are uncommon."
  • #673,885
  • Aug 1, 2012 5:31am Aug 1, 2012 5:31am
Quoting Mike8
And sentiment?
Do you mean what is my sentiment about this pair? Or general sentiment factor?

The way I see it, ever since euro became available for trading max number of countries in the union have shrunk in terms of relative economy. The stability is now in question. They have tried the european union thing before and failed, history repeats.

Just comparing the various elements of economy since inception of various countries to present day economic facts makes the picture very clear that the valuation now doesn't make sense. Short term anything can happen, if the picture doesn't change, then long-term fallout is inevitable.

Nothing new in the above.
  • #673,886
  • Aug 1, 2012 5:36am Aug 1, 2012 5:36am
added another short @ 2315
  • #673,887
  • Aug 1, 2012 5:38am Aug 1, 2012 5:38am
Quoting Dza101
thanks for the clarification
np anytime
  • #673,888
  • Aug 1, 2012 5:44am Aug 1, 2012 5:44am
Quoting Dayboy001
I AM FLAT AND STAYING FLAT

but would assume first push will be fake would be inclined to scalp 10 -12 here

edit also poss on GBP
I would take that scalp now @

EUR + 8
GBP +20
  • #673,889
  • Edited 5:58am Aug 1, 2012 5:47am | Edited 5:58am
Quoting Dayboy001
I would take that scalp now @

EUR + 8
GBP +20
sorry that would've been + 6 and +18 didn't consider spreads as didn't have the actual trade
  • #673,890
  • Aug 1, 2012 5:50am Aug 1, 2012 5:50am
Quoting johncen
I start looking for somethin else to do now...
just got some new clothes arrived today...
now is time to tidy up my wardrobe
S&P affirms Spain at 'BBB+'; outlook negative ,

think looks good for u , aussie tapping support (minor)
Mohan
  • #673,891
  • Aug 1, 2012 6:07am Aug 1, 2012 6:07am
Quoting tech_dream
Do you mean what is my sentiment about this pair? Or general sentiment factor?

The way I see it, ever since euro became available for trading max number of countries in the union have shrunk in terms of relative economy. The stability is now in question. They have tried the european union thing before and failed, history repeats.

Just comparing the various elements of economy since inception of various countries to present day economic facts makes the picture very clear that the valuation now doesn't make sense. Short term anything can happen,...
For sentiment I mean what majority of traders think, in short, mass psychology. A good trader in my view need to understand what the mass psychology is, in each moment by a consequence of the events. (news, the way market react to news or event, ect.....)

Are we taking sentiment together with our technicality to back up our reason to enter ? This is what I mean.
"Men who can both be right and sit tight are uncommon."
  • #673,892
  • Aug 1, 2012 6:09am Aug 1, 2012 6:09am
German government says Cabinet is unanimous in their ESM banking licence opposition
Mohan
  • #673,893
  • Aug 1, 2012 6:14am Aug 1, 2012 6:14am
Bro, are you still short the pound? I will be not surprise a test of the recent low.
"Men who can both be right and sit tight are uncommon."
  • #673,894
  • Aug 1, 2012 6:18am Aug 1, 2012 6:18am
Quoting mohan76
German government says Cabinet is unanimous in their ESM banking licence opposition
See what her sitting on bro hahahaha, aussie is doing her thing, roll over top 4hr channel just as previous taps 4hr rising channel, cable and geppy at imprtant supports, us news in 44min I think,
Aussie could have set double top large and small on 4hr bro, going to be an interesting night

German have never and will never agree to releasing any control, them is the boss of eu wether anyone like it or not
If you are new to Forex? Say Goodbye to your account!!
  • #673,895
  • Aug 1, 2012 6:21am Aug 1, 2012 6:21am
Quoting KiwiTrada
German have never and will never agree to releasing any control, them is the boss of eu wether anyone like it or not
Best way to control is to not have control.

They are going to control nothing if they continue this way, history repeat itself.
"Men who can both be right and sit tight are uncommon."
  • #673,896
  • Aug 1, 2012 6:23am Aug 1, 2012 6:23am
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  • #673,897
  • Aug 1, 2012 6:25am Aug 1, 2012 6:25am
Quoting KiwiTrada
See what her sitting on bro hahahaha, aussie is doing her thing, roll over top 4hr channel just as previous taps 4hr rising channel, cable and geppy at imprtant supports, us news in 44min I think,
Aussie could have set double top large and small on 4hr bro, going to be an interesting night

German have never and will never agree to releasing any control, them is the boss of eu wether anyone like it or not
yep.
looks it going to make brutal move today before fomc , i like stay on sideline today (i don't feel good)
Mohan
  • #673,898
  • Aug 1, 2012 6:25am Aug 1, 2012 6:25am
EUR/USD
- first fall to 2250 - 40
- then attack 2400
i think big guys must create their best input positions first
  • #673,899
  • Aug 1, 2012 6:26am Aug 1, 2012 6:26am
Quoting SlyQsx
Attachment
Interesting, but I do not understand it.

Do you care to articulate what your perception of outcome will be?
"Men who can both be right and sit tight are uncommon."
  • #673,900
  • Aug 1, 2012 6:27am Aug 1, 2012 6:27am
Quoting mohan76
yep.
looks it going to make brutal move today before fomc , i like stay on sideline today (i don't feel good)
Wise man.
"Men who can both be right and sit tight are uncommon."
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