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EURUSD

  • #677,761
  • Aug 9, 2012 1:31am Aug 9, 2012 1:31am
Quoting Rag2RichesFX
Damn she is heavy, don't know how much longs at 25 are going to get..
indeed be careful - GU EU Dax Crude all lined up
  • #677,762
  • Aug 9, 2012 1:33am Aug 9, 2012 1:33am
Quoting pkimnyc
pay attention to momentum on all tfs. you will get a better feel if it's a bounce or not. just 2 c.

What is your preference as a measure of momentum?
  • #677,763
  • Aug 9, 2012 1:34am Aug 9, 2012 1:34am
Quoting KiNgEdwarD
before that my tp will be triggered
triggered ,i'm out for the whole day...
Sometimes it's better to be wrong,to learn..
  • #677,764
  • Aug 9, 2012 1:34am Aug 9, 2012 1:34am
what do you think the probability of the 1hr closing with a double bottom pattern is?

http://img.photobucket.com/albums/v6...9at13313AM.png
  • #677,765
  • Aug 9, 2012 1:34am Aug 9, 2012 1:34am
Quoting RWalker
What is your preference as a measure of momentum?
it's up to you to decide.
  • #677,766
  • Aug 9, 2012 1:36am Aug 9, 2012 1:36am
my long from last night stop out @ be , swap lost
Mohan
  • #677,767
  • Aug 9, 2012 1:38am Aug 9, 2012 1:38am
Many bids** being pulled from 2330, we may get bounce back to 45, but that is max it would go I think.

I'm not risking it.
Be hopeful in a winning position, and fearful in a losing position.
  • #677,768
  • Aug 9, 2012 1:38am Aug 9, 2012 1:38am
Took partial profit at 1.2338.....

Keeping the rest for TP 1.2286
  • #677,769
  • Aug 9, 2012 1:38am Aug 9, 2012 1:38am
Quoting KiNgEdwarD
triggered ,i'm out for the whole day...

  • #677,770
  • Aug 9, 2012 1:41am Aug 9, 2012 1:41am
stopped out of longs....
  • #677,771
  • Aug 9, 2012 1:42am Aug 9, 2012 1:42am
Quoting MaxDoom
Sometimes it's better to be wrong,to learn..
  • #677,772
  • Aug 9, 2012 1:42am Aug 9, 2012 1:42am
Quoting NewbTrader7
what do you think the probability of the 1hr closing with a double bottom pattern is?

http://img.photobucket.com/albums/v6...9at13313AM.png
NY opening, I'm expecting DOW to plunge with jobless claims announcement..... i think the market regardless of good or bad news will still plunge to meet technical objectives, and that means EUR/USD will plunge below 1.23 as well.
  • #677,773
  • Aug 9, 2012 1:51am Aug 9, 2012 1:51am
Quoting KiNgEdwarD
triggered ,i'm out for the whole day...

Good trade bro, you've earnt the rest of the day off
  • #677,774
  • Aug 9, 2012 1:54am Aug 9, 2012 1:54am
probably dip of the day...we are going Long now
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  • #677,775
  • Aug 9, 2012 1:54am Aug 9, 2012 1:54am
small downtrend. no big reaction on that news.
so wait u.s session. historically if no strong down trend as was expected so could be a uptrend and sharp uptrend. but now dont understand whats going on. i dont trade now. wil wait for better moment.
  • #677,776
  • Aug 9, 2012 1:56am Aug 9, 2012 1:56am
me personally when dont understand what is going on in the market and trading the final result was red pips.
BIG FISHES ARE DRINKING COFFEE AND READING MORNING NEWS. WHEN THAT BIG POCKETS WILL COME TO TRADE DESK WE WILL SEE
SHARP UP OR DOWN TODAY.

need to catch that time and follow them
  • #677,777
  • Aug 9, 2012 1:56am Aug 9, 2012 1:56am
GBPUSD needs to break 50pip range through below 35 while in parallel EURGBP breaks down 25pip range below 75 for EURUSD to break intraday support.

So, those pairs are playing a bit catch-up first for a real eurodollar move.
But i doubt that will happen, self i am looking upmove first before fall.

This floating around sucks ass.
They think they are smarter than I am.
  • #677,778
  • Aug 9, 2012 1:57am Aug 9, 2012 1:57am
Quoting Rag2RichesFX
Will more than likely get at least 15-20 pip bounce here, but I dont think its going to hold...
I have my stop @ 1.2380, i think if it takes that out it will keep on going up to 1.2400ish.

I agree with you about the bounce and think it should be kept under 1.2350 before bearish resumption.

Wheres your ultimate TP?
  • #677,779
  • Aug 9, 2012 1:57am Aug 9, 2012 1:57am
Quoting Trader88q
small downtrend. no big reaction on that news.
so wait u.s session. historically if no strong down trend as was expected so could be a uptrend and sharp uptrend. but now dont understand whats going on. i dont trade now. wil wait for better moment.
2440 is very strong structure resistance and it double topped, so longs need to build a base lower to attempt it again (imo)
Be hopeful in a winning position, and fearful in a losing position.
  • #677,780
  • Aug 9, 2012 2:00am Aug 9, 2012 2:00am
the way it goes; we'll see 1.2280 tonite or tmr morning
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