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EURUSD

  • #679,621
  • Aug 14, 2012 3:50am Aug 14, 2012 3:50am
Quoting NoobInFX
Hi guys, first time posting in a forum. Currently I am at short 1.2380 TP 1.2357. Stop loss 1.24. Is it fine to have a 1:1 Risk to reward ratio at all times? I have been trading on this ratio for 1 month now.
Decided to take 10 pips to allow buffer for my next trade. Announcement coming in at 5pm. GLuck guys
  • #679,622
  • Aug 14, 2012 3:50am Aug 14, 2012 3:50am
1h and 4h candles looks bearish
  • #679,623
  • Aug 14, 2012 3:50am Aug 14, 2012 3:50am
Quoting Vtmn
short aswell 4x @1.2381 tight sl
dont get fooled from this 10 pips down move.. the pressure is still more on bull side for EU GU..

lets see..if shorts hold.. hoping..
  • #679,624
  • Aug 14, 2012 3:53am Aug 14, 2012 3:53am
Quoting fxkiller
dont get fooled from this 10 pips down move.. the pressure is still more on bull side for EU GU..

lets see..if shorts hold.. hoping..
risk free
How to Win at Sports Betting: DON'T DO IT!
  • #679,625
  • Aug 14, 2012 3:54am Aug 14, 2012 3:54am
Quoting 2+2=4ex
Might not be a bad time for a quick long. Not much to lose here with a stop at 1.2360.
In case anyone is wondering why... last thursday's close (5 pm NY) was at 1.2365 so I have that as a support protecting stop at 1.2360.
  • #679,626
  • Aug 14, 2012 3:54am Aug 14, 2012 3:54am
Quoting Vtmn
risk free
  • #679,627
  • Aug 14, 2012 3:55am Aug 14, 2012 3:55am
Selling EU with 90% confidence 10% fear.
Attached Image (click to enlarge)
Click to Enlarge Name: sell eu.gif Size: 28 KB
Work smarter,not harder
  • #679,628
  • Aug 14, 2012 3:56am Aug 14, 2012 3:56am
Ugly session so far to trade.

Different markets in respect of eachother are correlating badly. Need some serious moves to break levels.
They think they are smarter than I am.
  • #679,629
  • Aug 14, 2012 3:57am Aug 14, 2012 3:57am
german data can decide my short is worth or not let us wait and see
Read the chart... Fundies are catalyst...
  • #679,630
  • Aug 14, 2012 3:57am Aug 14, 2012 3:57am
Quoting 2+2=4ex
In case anyone is wondering why... last thursday's close (5 pm NY) was at 1.2365 so I have that as a support protecting stop at 1.2360.
Excuse me, I meant last Wednesday's close. (Thursday rollover)
  • #679,631
  • Aug 14, 2012 3:58am Aug 14, 2012 3:58am
1.2350 or 1.2390
  • #679,632
  • Aug 14, 2012 3:59am Aug 14, 2012 3:59am
Quoting Vtmn
risk free
Never heard of a risk free trade. how do I get those???
  • #679,633
  • Aug 14, 2012 4:00am Aug 14, 2012 4:00am
Quoting fxkiller
dont get fooled from this 10 pips down move.. the pressure is still more on bull side for EU GU..

lets see..if shorts hold.. hoping..
tp 1.2327
How to Win at Sports Betting: DON'T DO IT!
  • #679,634
  • Aug 14, 2012 4:01am Aug 14, 2012 4:01am
not nice data, still no reaction...
  • #679,635
  • Aug 14, 2012 4:04am Aug 14, 2012 4:04am
let's bring it down, my sweet-baby....
i am still learning trade properly....
  • #679,636
  • Aug 14, 2012 4:06am Aug 14, 2012 4:06am
totally negative data for EURO.. this should be now a easy fall of minimum 50 pips..but bulls not making it easy..

shorted here with 40 pips sl
  • #679,637
  • Aug 14, 2012 4:07am Aug 14, 2012 4:07am
Sell Entry Formed On h1 and h4 ...
  • #679,638
  • Aug 14, 2012 4:08am Aug 14, 2012 4:08am
seems reluctant to fall yet.
  • #679,639
  • Aug 14, 2012 4:09am Aug 14, 2012 4:09am
Quoting fxkiller
totally negative data for EURO.. this should be now a easy fall of minimum 50 pips..but bulls not making it easy..

shorted here with 40 pips sl

and few minutes back you were excited. don't get fooled bull run is not over blah blah blah.

bullshit
  • #679,640
  • Aug 14, 2012 4:10am Aug 14, 2012 4:10am
Quoting 5percent
seems reluctant to fall yet.
yes even I am observing. I think the this bad data was priced in. we need some unexpected news now for a fall to happen
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