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EURUSD

  • #678,141
  • Aug 9, 2012 5:04pm Aug 9, 2012 5:04pm
My trade plan for tomorrow :

Price reaches 23200 /300 exit long and cover shot till 950 - if it tried to bounce , exist and long again and up we go to the 500. Exist long at the 500 and sidelining to see if it will break or not.

I think tomorrow the key levels will be 22680 /700 and the 23500 - tomorrow might be a day to make it up or down for the Euro for all of August. I hope personally that Euro shots up to the 26000 , it give a lot of benefits and huge movements that can benefit us greatly ! When currencies fall down in levels near each other in value , they tend to be slow and boring ... Also, the 22 , 21 and 20 levels will be really volatile and spikes up and down !
"It's the Margin, Stupid."
  • #678,142
  • Aug 9, 2012 5:12pm Aug 9, 2012 5:12pm
Hello.

I opened a third sell, sl in the BE of the second sell.

Health for all.
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Just for today ...
  • #678,143
  • Aug 9, 2012 5:13pm Aug 9, 2012 5:13pm
Quoting Vachus
My trade plan for tomorrow :

Price reaches 23200 /300 exit long and cover shot till 950 - if it tried to bounce , exist and long again and up we go to the 500. Exist long at the 500 and sidelining to see if it will break or not.

I think tomorrow the key levels will be 22680 /700 and the 23500 - tomorrow might be a day to make it up or down for the Euro for all of August. I hope personally that Euro shots up to the 26000 , it give a lot of benefits and huge movements that can benefit us greatly ! When currencies fall down in levels...
On Friday only?
  • #678,144
  • Aug 9, 2012 5:13pm Aug 9, 2012 5:13pm
whoa, there's a lot of upward pressure coming in right now. rethinking my short now. going to wait to see where the 1hr candle closes. in my opinion, it has to close lower than the previous for it to continue lower.
  • #678,145
  • Aug 9, 2012 5:16pm Aug 9, 2012 5:16pm
1h candle looks bearish
  • #678,146
  • Aug 9, 2012 5:19pm Aug 9, 2012 5:19pm
Quoting NewbTrader7
whoa, there's a lot of upward pressure coming in right now. rethinking my short now. going to wait to see where the 1hr candle closes. in my opinion, it has to close lower than the previous for it to continue lower.
I'm waiting to see what price does, if and when it gets up to 1.2326, before I decide what to do.
Time turns trend. - W.D. Gann
  • #678,147
  • Aug 9, 2012 5:20pm Aug 9, 2012 5:20pm
Even if , the price currently push back to 950 it won't be bearish yet - it could be simply a correction of the bigger wave that got us down there ...

This is one of the situations that i really hate, it is open to all probabilities .
"It's the Margin, Stupid."
  • #678,148
  • Aug 9, 2012 5:24pm Aug 9, 2012 5:24pm
Quoting 2046
i hear the sarcasm there, but don't mind, could have chosen SL 2314 at 1% instead

No looks better behind 2314. Think you got it right the first time.
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  • #678,149
  • Aug 9, 2012 5:32pm Aug 9, 2012 5:32pm
guys, when you'll all be rich : http://www.onlineforex.net/young-tra...-british-club/
  • #678,150
  • Aug 9, 2012 5:34pm Aug 9, 2012 5:34pm
Quoting NewbTrader7
whoa, there's a lot of upward pressure coming in right now. rethinking my short now. going to wait to see where the 1hr candle closes. in my opinion, it has to close lower than the previous for it to continue lower.
LOLz it's moved long 12 pips in the last three hours, how is that, "a lot of upward pressure." Get scared out of trades pretty easy dont you?
  • #678,151
  • Aug 9, 2012 5:34pm Aug 9, 2012 5:34pm
Quoting Rag2RichesFX
Drawing line in the sand at 2260 (my full TP for today). Could even go to 2220, but not today I don't think.
:nerd:
Be hopeful in a winning position, and fearful in a losing position.
  • #678,152
  • Aug 9, 2012 5:35pm Aug 9, 2012 5:35pm
Well, if you know head and shoulders...
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  • #678,153
  • Aug 9, 2012 5:35pm Aug 9, 2012 5:35pm
Quoting divak
guys, when you'll all be rich : http://www.onlineforex.net/young-tra...-british-club/
That's just wasteful. Even if I was multibillionaire I wouldn't crap away money like that on liquor. Now expensive prosititutes, that's a whole nother story.
  • #678,154
  • Aug 9, 2012 5:38pm Aug 9, 2012 5:38pm
Quoting KumoDragon
That's just wasteful. Even if I was multibillionaire I wouldn't crap away money like that on liquor. Now expensive prosititutes, that's a whole nother story.
  • #678,155
  • Aug 9, 2012 5:41pm Aug 9, 2012 5:41pm
Quoting KumoDragon
That's just wasteful. Even if I was multibillionaire I wouldn't crap away money like that on liquor. Now expensive prosititutes, that's a whole nother story.
women, they're always worth the money! I don't marry I just lease! ha
  • #678,156
  • Aug 9, 2012 5:41pm Aug 9, 2012 5:41pm
Quoting KumoDragon
That's just wasteful. Even if I was multibillionaire I wouldn't crap away money like that on liquor. Now expensive prosititutes, that's a whole nother story.
LOL !! A few people round here have a sense of humor after all !
I was beginning to wonder........
When the Joker is in the deck.. fear not and play it well
  • #678,157
  • Aug 9, 2012 5:49pm Aug 9, 2012 5:49pm
Quoting NewbTrader7
women, they're always worth the money! I don't marry I just lease! ha
Here is a story that went viral on trading floors a few years ago :
http://hereisthecity.com/2007/10/05/...old_beauty_se/

It's all about money, women, value, investing. Quite funny.

EDIT: reading it again, it's simply awesome.
  • #678,158
  • Aug 9, 2012 5:49pm Aug 9, 2012 5:49pm
Given the rangebound nature of this week for markets in general, eur/usd going up tomorrow, and ending the week with a doji would not surprise me in the slightest. I will patiently await a signal.
  • #678,159
  • Aug 9, 2012 5:49pm Aug 9, 2012 5:49pm
Quoting divak
guys, when you'll all be rich : http://www.onlineforex.net/young-tra...-british-club/
Never believe this kind of bull shit. The Internet is full of these stories..
  • #678,160
  • Edited 6:09pm Aug 9, 2012 5:51pm | Edited 6:09pm
4hr chart is now bearish, and so are all other TFs (besides this 5m)

2330 will be tough to crack

Added more short at 1.23 handle.

Will post a chart in a moment.

Edit: Actually, daily is undecided still, but its turning down so I think bearish soon, especially since 4hr agrees.
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Be hopeful in a winning position, and fearful in a losing position.
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