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  • #674,921
  • Aug 3, 2012 5:49am Aug 3, 2012 5:49am
eur/usd having its own rally. aus and gbp did not really follow...
  • #674,922
  • Aug 3, 2012 5:53am Aug 3, 2012 5:53am
Quoting 5percent
eur/usd having its own rally. aus and gbp did not really follow...
dog returning back to it's kennel (96) , yesterday it got little crazy and run left and right
Mohan
  • #674,923
  • Aug 3, 2012 5:54am Aug 3, 2012 5:54am
Typical price movement before NFP.

There are some other things that are driving markets now though.

BUT.

gbpusd and eurgbp, those pair buy stops are getting hunted. No way good idea to short eur/usd yet.

It will go somewhere above 1.23 and looking there for opportunity to short it.
They think they are smarter than I am.
  • #674,924
  • Aug 3, 2012 5:56am Aug 3, 2012 5:56am
Quoting 5percent
eur/usd having its own rally. aus and gbp did not really follow...
Guess what... ->
Inserted Code
674975

Cover should be over soon... I hope.
  • #674,925
  • Aug 3, 2012 5:57am Aug 3, 2012 5:57am
I never saw those big move ahead of the Non-Farm Employment Change. I guess I am getting too old
"Men who can both be right and sit tight are uncommon."
  • #674,926
  • Aug 3, 2012 5:58am Aug 3, 2012 5:58am
Quoting Dagobert
short it already.... 1.225x, no analysis needed
leverage it to 200:1 and youll wont need an account aswell in an hour(not mocking as my trades are underwater aswell :/
)
  • #674,927
  • Aug 3, 2012 5:59am Aug 3, 2012 5:59am
45000 Page...Nice.
I will go short on 2.3 maxbe 2.290
  • #674,928
  • Aug 3, 2012 5:59am Aug 3, 2012 5:59am
Quoting Mike8
You just had 777 posts.
Thank God its not 666 posts
  • #674,929
  • Aug 3, 2012 6:00am Aug 3, 2012 6:00am
@Mike8: do you read my posts ?...
  • #674,930
  • Aug 3, 2012 6:01am Aug 3, 2012 6:01am
Quoting Dagobert
short it already.... 1.225x, no analysis needed
enjoy your number...
  • #674,931
  • Aug 3, 2012 6:02am Aug 3, 2012 6:02am
Quoting sepramfx
Thank God its not 666 posts
Is that bad?
"Men who can both be right and sit tight are uncommon."
  • #674,932
  • Aug 3, 2012 6:02am Aug 3, 2012 6:02am
Quoting ForExtraPips
long @ 1.2142
sl @ 1.2108
tp @ 1.2268
Good morning. Nice way to wake up with green pips. GL and trade safe.
Time turns trend. - W.D. Gann
  • #674,933
  • Aug 3, 2012 6:03am Aug 3, 2012 6:03am
Quoting JackintheBox
@Mike8: do you read my posts ?...
I think I do. Did I miss something?
"Men who can both be right and sit tight are uncommon."
  • #674,934
  • Aug 3, 2012 6:03am Aug 3, 2012 6:03am
Maybe this scenario?
Attached Image (click to enlarge)
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  • #674,935
  • Aug 3, 2012 6:04am Aug 3, 2012 6:04am
Quoting Mike8
I never saw those big move ahead of the Non-Farm Employment Change. I guess I am getting too old
these moves are probably those robots, alike the moves u have seen yesterday... just don't really wish to have 1.24 to short again. Look at 1 minute, the movements are really fast now..

avoid shorting this without stop loss, it can jump like a grasshopper and u may miss catching it..
Attached Image (click to enlarge)
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  • #674,936
  • Aug 3, 2012 6:04am Aug 3, 2012 6:04am
Quoting 5percent
eur/usd having its own rally. aus and gbp did not really follow...
But a rally to be careful about ,

I will Close my long at 23000 and maybe short or wait for a drop to Long again... I think we will see a retracement very near to 23000 or maybe above it and the price will zig zag , then the W5 will come to take the price beyong 23500. Otherwise , we may see the zig zag mono wave for a down turn and the thing falls off the cliff.

Update : Closed it at 1.22837 , i got a bit scared of the retracement at 61% . Waiting for the retracement to reach 600 to go long again.
"It's the Margin, Stupid."
  • #674,937
  • Aug 3, 2012 6:05am Aug 3, 2012 6:05am
Quoting BlueGas
Maybe this scenario?
Maybe, anything is possible. But traders do not predict they trade.
"Men who can both be right and sit tight are uncommon."
  • #674,938
  • Aug 3, 2012 6:06am Aug 3, 2012 6:06am
GS recommends to go long on eur/usd, target 1.30.


That would mean, go short at 1.25.
They think they are smarter than I am.
  • #674,939
  • Aug 3, 2012 6:07am Aug 3, 2012 6:07am
Quoting Mike8
Maybe, anything is possible. But traders do not predict they trade.
Thats what i do
Attached Image (click to enlarge)
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  • #674,940
  • Aug 3, 2012 6:07am Aug 3, 2012 6:07am
equity also back to yesterday level it can go like yesturday or they will break 24 and head toward 25 play the game wisely

dax 15 min chart have U shape
Mohan
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