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EURUSD

  • #679,021
  • Aug 12, 2012 6:54pm Aug 12, 2012 6:54pm
buy..tp 20pips hehe...1.2279 until 1.2299
  • #679,022
  • Aug 12, 2012 6:55pm Aug 12, 2012 6:55pm
Short and setting to BE at 70

Bought some USDCHF also
All posts are my personal opinion
  • #679,023
  • Aug 12, 2012 7:00pm Aug 12, 2012 7:00pm
Quoting sum_1
yup...below 2250 looks like some free air....

You see any issues with the 2217 are? Look like price has respected that are in the past...
Ten Pips A Day Will Keep A Boss Away
  • #679,024
  • Aug 12, 2012 7:02pm Aug 12, 2012 7:02pm
Quoting Trader_FX
You see any issues with the 2217 are? Look like price has respected that are in the past...
2220 area is important and is also confluent with the rising channel
Attached Image (click to enlarge)
Click to Enlarge Name: EU-4hr-8-12-2012.jpg Size: 219 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #679,025
  • Aug 12, 2012 7:04pm Aug 12, 2012 7:04pm
Quoting Rag2RichesFX
2220 area is important and is also confluent with the rising channel

Yup. same area i was talking about. different brokers, different quotes i guess. nice to know we have the same interests.

PC
Ten Pips A Day Will Keep A Boss Away
  • #679,026
  • Aug 12, 2012 7:09pm Aug 12, 2012 7:09pm
Quoting Trader_FX
You see any issues with the 2217 are? Look like price has respected that are in the past...
I see no love until below 2200... That is if she breaks thru to the downside...
  • #679,027
  • Aug 12, 2012 7:12pm Aug 12, 2012 7:12pm
Quoting SnaveForex
going south?..we are at lows again..sell at a low is not a good plan current levels are pivots and supports it would have to show further weakness. In my view it will be choppy and sideways until London

SUPPORT??! what support? I am up 15 pips since that. HAHA well in this case, price is down 16 pips since then. WE shall see
All posts are my personal opinion
  • #679,028
  • Aug 12, 2012 7:13pm Aug 12, 2012 7:13pm
its very tempting to short Euro right now. techniqual analysis tell me to short, but I dont know whats the fundamental analysis that push the euro lower

can someone explain to me what going on ?? is this about the veto power of germany over greece ??
Alternatives are more important than the plan itself
  • #679,029
  • Aug 12, 2012 7:14pm Aug 12, 2012 7:14pm
watch possible inverse head and shoulder on 1 hr

im flat until London
Be hopeful in a winning position, and fearful in a losing position.
  • #679,030
  • Aug 12, 2012 7:16pm Aug 12, 2012 7:16pm
Quoting Rag2RichesFX
watch possible inverse head and shoulder on 1 hr
I'm watching that too. Also 15m most recent swing low 1.2240 to its recent high is 61.8 retracement.
  • #679,031
  • Aug 12, 2012 7:17pm Aug 12, 2012 7:17pm
closed all shorts at 2271 2269 is critical a break of that we see further downside besides there is upside potential.. asian are back at the desk
  • #679,032
  • Aug 12, 2012 7:18pm Aug 12, 2012 7:18pm
Short again from 1.22887 , almost exactly where I got out from my short friday with +14 pips before it stalled out for the weekend.

It's been teasing the 1.22595 level. I believe it will get to at least there tonight and pehaps slide further down.

Lower lows and lower hight on my 15M chart. H1, H4 have about 50 pips of space before they hit a bullish trendline and decide to break it or rebound.

Daily looks like it could be turning over into a continuation of Bearish. No major news events on the schedule for tonight or tommorrow, (That I know of), to create any wild news spikes.
  • #679,033
  • Aug 12, 2012 7:18pm Aug 12, 2012 7:18pm
adding: plus, the ES has temp topped. forget 1407. DX about to rip on trendline.
----- Dragonfly out in the sun you know what I mean, don't you know
  • #679,034
  • Aug 12, 2012 7:19pm Aug 12, 2012 7:19pm
Quoting NewbTrader7
I'm watching that too. Also 15m most recent swing low 1.2240 to its recent high is 61.8 retracement.
Yeah sentiment feels heavy down, and we are right now below the daily pivot, which is always a very important sign of intra day direction (imo)

I will be back on later, good luck
Be hopeful in a winning position, and fearful in a losing position.
  • #679,035
  • Aug 12, 2012 7:19pm Aug 12, 2012 7:19pm
Quoting SnaveForex
closed all shorts at 2271 2269 is critical a break of that we see further downside besides there is upside potential.. asian are back at the desk
What leads you to believe those prices are critical?
  • #679,036
  • Aug 12, 2012 7:23pm Aug 12, 2012 7:23pm
Quoting Rag2RichesFX
Yeah sentiment feels heavy down, and we are right now below the daily pivot, which is always a very important sign of intra day direction (imo)

I will be back on later, good luck
Rag2riches, would you have an auto pivot for MT4?
Ten Pips A Day Will Keep A Boss Away
  • #679,037
  • Aug 12, 2012 7:26pm Aug 12, 2012 7:26pm
Short position set to BE. Stop is tight so there is a good chance of getting stopped as the action has been very whipsaw over the past couple days we have had. I am in a free trade though so I will just let this run and see what happens.


I dont care about money, I just want to be the best trader.
All posts are my personal opinion
  • #679,038
  • Aug 12, 2012 7:26pm Aug 12, 2012 7:26pm
Quoting KumoDragon
What leads you to believe those prices are critical?

Maybe because price is sitting on a 61.8 fibo. From 2040 - 2315 on the 15m chart? Just a thought.
Ten Pips A Day Will Keep A Boss Away
  • #679,039
  • Aug 12, 2012 7:27pm Aug 12, 2012 7:27pm
Quoting KumoDragon
What leads you to believe those prices are critical?
well 61.8% of that impulsive move.....usually tend to reverse there especially impulsive moves without any retrace
  • #679,040
  • Aug 12, 2012 7:29pm Aug 12, 2012 7:29pm
Quoting Trader_FX
Rag2riches, would you have an auto pivot for MT4?


Here
Attached File(s)
File Type: mq4 AutoPivotIndicator.mq4   14 KB | 438 downloads
All posts are my personal opinion
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