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EURUSD

  • #678,441
  • Aug 10, 2012 5:42am Aug 10, 2012 5:42am
not liking this 226x strength..

4hr close soon.
Be hopeful in a winning position, and fearful in a losing position.
  • #678,442
  • Aug 10, 2012 5:46am Aug 10, 2012 5:46am
Not sure if my platforms is frozen or the market.
"Men who can both be right and sit tight are uncommon."
  • #678,443
  • Aug 10, 2012 5:46am Aug 10, 2012 5:46am
Quoting Rag2RichesFX
not liking this 226x strength..

4hr close soon.
where are you looking for the 4hr to close?
  • #678,444
  • Aug 10, 2012 5:46am Aug 10, 2012 5:46am
Quoting Rag2RichesFX
not liking this 226x strength..

4hr close soon.
Me TOO
  • #678,445
  • Aug 10, 2012 5:50am Aug 10, 2012 5:50am
Quoting Rag2RichesFX
not liking this 226x strength..

4hr close soon.
no real strength here... the pair is still just above...
  • #678,446
  • Aug 10, 2012 5:52am Aug 10, 2012 5:52am
Hey guys, i'm newb to trading , only have basic skills, so any suggestions will be more than appreciated, I'm thinkin EURUSD long with SL @ 1.22364 and TP at 1.23405.

Any critic's to my position is welcomed !
  • #678,447
  • Aug 10, 2012 5:52am Aug 10, 2012 5:52am
2172. no buying before for me...
Hero calls followed by margin calls...
  • #678,448
  • Aug 10, 2012 5:52am Aug 10, 2012 5:52am
Quoting Rag2RichesFX
not liking this 226x strength..

4hr close soon.
Looks like it's gonna drop like a rock. Otherwise, it would be a false break to the upside
  • #678,449
  • Aug 10, 2012 5:55am Aug 10, 2012 5:55am
Quoting Rag2RichesFX
Rumor
- Historically, these market rumours tend to circulate following disappointing Chinese data. Note that the Chinese trade balance narrowed to USD 25bln, where expectations were for widening to USD 35bln this morning, so this market chatter is not a surprise. As a guide, the current Reserve Requirement Ratio stands at 20%, and cuts normally occur between 1000BST and 1200BST.

- When the bank do cut their Reserve Requirement Ratio, the market reaction has historically been net positive for the riskier assets, particularly the basic materials sector and commodities.
  • #678,450
  • Aug 10, 2012 5:55am Aug 10, 2012 5:55am
Quoting divak
no real strength here... the pair is still just above...
this is true its still very bearish, maybe will retest 83 though, or just waiting for NY,

all i know for sure is this daily range is horrible, i dont think it will expand back up to 2330 either, so it should drop.. just taking forever
Be hopeful in a winning position, and fearful in a losing position.
  • #678,451
  • Aug 10, 2012 5:56am Aug 10, 2012 5:56am
Quoting cat
The market loves being boring - it's one of it's most successful strategies!

Maybe in NY session more volatility.
  • #678,452
  • Aug 10, 2012 5:56am Aug 10, 2012 5:56am
Morning. I should have taken the short at 2304.. Shouda coulda... Anyway, as a consolation price all these numbers posted on Monday worked to the pip for the whole week.. I'll do another one on Sunday for the next week.

http://www.forexfactory.com/showthre...49#post5907649

Plan accordingly..
  • #678,453
  • Aug 10, 2012 5:58am Aug 10, 2012 5:58am
Quoting MaxDoom
Listen up chap and learn this well.........

Leverage means nothing..... it only comes into play because retail traders don't now how to or simply can't control their risk.....

ALL successful traders control their risk - period no exceptions.

As a newbie start with using only 1% of your capital being risked per trade. To do this you must calulate your stop size in your base currency and divide that into 1% of your capital - then you can work out what size position to take.

If you lose 10% per trade for 5 trades you will have...
Amen,
If there was easy money lying around,no one would be forcing it into your
  • #678,454
  • Aug 10, 2012 5:59am Aug 10, 2012 5:59am
EURUSD has created a wave of Woolf. Aim of 1.1940 at the end of the month.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd2.gif Size: 47 KB
  • #678,455
  • Aug 10, 2012 6:01am Aug 10, 2012 6:01am
Quoting Rag2RichesFX
You think 2500s today??

Can't tell if you are being serious or not

It's possible in the future, after that 1.20-1.25 DNT expires, but not today.. unless we get another epic short squeeze
That member has been long ...

And it has had a too tight stop for his TGTs ...

Didn't you see that ?

Don't muddle all things up. Moreover SL must have been hit already ...

###

Nowbody did talk about 1.20 or 1.25 there ...

Capiche?



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #678,456
  • Aug 10, 2012 6:01am Aug 10, 2012 6:01am
Quoting Kajos2250
my opinion till afternoon to 22 area
thats a nasty drawdown....all the best
It is possible to make large sums trading, small losses, large wins
  • #678,457
  • Aug 10, 2012 6:02am Aug 10, 2012 6:02am
Descending wedge..... might be bouncing up from here.....

Still looking to short but will depend on the strength of the retracement upwards......
  • #678,458
  • Aug 10, 2012 6:03am Aug 10, 2012 6:03am
dax took downside stops (-25 point) and made new low for the day , any news backing that news ?
Mohan
  • #678,459
  • Aug 10, 2012 6:08am Aug 10, 2012 6:08am
long @2372 SL 2364 for a small scalp
  • #678,460
  • Aug 10, 2012 6:13am Aug 10, 2012 6:13am
Quoting MisterSpread
Hey guys, i'm newb to trading , only have basic skills, so any suggestions will be more than appreciated, I'm thinkin EURUSD long with SL @ 1.22364 and TP at 1.23405.

Any critic's to my position is welcomed !
Well, it's a demo trade right? But, if it falls as low as 1.22364, there's a good chance that it'll go all the way to 1.2200. too early for a long unless it's for a scalp. My opinion only.
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