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EURUSD

  • #679,781
  • Aug 14, 2012 8:10am Aug 14, 2012 8:10am
still holding my short @ 380 with be + 10 pips. waiting for the trend line to break tp open
Read the chart... Fundies are catalyst...
  • #679,782
  • Aug 14, 2012 8:11am Aug 14, 2012 8:11am
closed my short whit just +4pips.
  • #679,783
  • Aug 14, 2012 8:11am Aug 14, 2012 8:11am
lol double fake out?, In again stop at 35 offload half at 70
Loser trying to become a winner!
  • #679,784
  • Aug 14, 2012 8:15am Aug 14, 2012 8:15am
Quoting jezek5
Wow...You've been 100 pips underwater
with this trade,whats your TP?
Around 1.2040 if it can break the the bull trendline on 4H.

I started with a 200 pip stop though, so I'm not worried about it.
  • #679,785
  • Aug 14, 2012 8:15am Aug 14, 2012 8:15am
Quoting attila
By employing a little imagination one can see a cup/handle on h4. Data is not that great for the yuro though..
"It's the Margin, Stupid."
  • #679,786
  • Aug 14, 2012 8:17am Aug 14, 2012 8:17am
This level is a bitch. It's been moving around it for a day now..A lot of fakes, but when it'll start going, watch out..
  • #679,787
  • Aug 14, 2012 8:20am Aug 14, 2012 8:20am
Quoting Vachus
Almo, thanks for the heads up - I'm planning to hold this long as much as i can ...
np Vachus....

1.2626 would be where I would start to get nervous about keeping it any longer.

But...everything depends on what TF your trading, and what your used to doing.

Intraday trading never was too successful for me. I see others are very good at it , including yourself.
  • #679,788
  • Aug 14, 2012 8:20am Aug 14, 2012 8:20am
Quoting Pinbars
http://demonocracy.info/infographics...t/us_debt.html

something funny

With industrialized world economies in crisis, USA faces little problem to finance its budget deficit in 2012 since world's money
is currently flowing into USA in great numbers as investors try to find "safety" where to store their money, since Europe is
not safe; neither are banks. As long as USA has access to cheap credit due to scared investors willing to hand over their money in
name of "safety", USA's interest payments will remain far below normal.
No place for mistakes
  • #679,789
  • Aug 14, 2012 8:22am Aug 14, 2012 8:22am
Quoting attila
This level is a bitch. It's been moving around it for a day now..A lot of fakes, but when it'll start going, watch out..
what new are u telling us? we all know it will either go up or down, but can u say which direction? thats important.
No place for mistakes
  • #679,790
  • Aug 14, 2012 8:24am Aug 14, 2012 8:24am
Quoting Soldier
what new are u telling us? we all know it will either go up or down, but can u say which direction? thats important.
Pull my finger.
  • #679,791
  • Aug 14, 2012 8:25am Aug 14, 2012 8:25am
Quoting attila
Pull my finger.
anyone smell tacos?
  • #679,792
  • Aug 14, 2012 8:26am Aug 14, 2012 8:26am
Short @ 1.2347
  • #679,793
  • Aug 14, 2012 8:26am Aug 14, 2012 8:26am
Quoting almo
anyone smell tacos?
lol
  • #679,794
  • Aug 14, 2012 8:27am Aug 14, 2012 8:27am
Lol this is just stop hunting bs
Loser trying to become a winner!
  • #679,795
  • Aug 14, 2012 8:28am Aug 14, 2012 8:28am
Looks like the last 15M long candle might just have been a retracement fake out.
  • #679,796
  • Aug 14, 2012 8:30am Aug 14, 2012 8:30am
Unless PA goes below 1.2320, it is highly dangerous to keep short imao.
  • #679,797
  • Aug 14, 2012 8:32am Aug 14, 2012 8:32am
Shorts beware that we've only just found support on the H4 200EMA, which for me is a big buttress. If you are looking for a trade, you've just got to accept that sometimes there just isn't one.
  • #679,798
  • Aug 14, 2012 8:35am Aug 14, 2012 8:35am
Quoting cat
Shorts beware that we've only just found support on the H4 200EMA, which for me is a big buttress. If you are looking for a trade, you've just got to accept that sometimes there just isn't one.
No place for mistakes
  • #679,799
  • Aug 14, 2012 8:35am Aug 14, 2012 8:35am
My calculated timeline for a drop to happen towards 2100 as mentioned on August 9th (http://www.forexfactory.com/showthre...04#post5917004)

is today. The drop will go till August 22nd. Here is my chart:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H2.jpg Size: 109 KB
  • #679,800
  • Aug 14, 2012 8:36am Aug 14, 2012 8:36am
Quoting cat
If you are looking for a trade, you've just got to accept that sometimes there just isn't one.
That's good advice, often times the best thing you can do is just walk away from the screens and come back when you see a stronger set up.

.......My short would be in better shape if I had done that sunday, and waited to sell higher.
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