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  • #683,341
  • Aug 23, 2012 2:15am Aug 23, 2012 2:15am
Quoting kibescorp
Short from 1.2560
Any reasons?
"Men who can both be right and sit tight are uncommon."
  • #683,342
  • Aug 23, 2012 2:15am Aug 23, 2012 2:15am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_daily_23.08.12.jpg Size: 114 KB
  • #683,343
  • Aug 23, 2012 2:16am Aug 23, 2012 2:16am
Quoting kibescorp
Short from 1.2560
target and stop?
  • #683,344
  • Aug 23, 2012 2:20am Aug 23, 2012 2:20am
in this hurry, don't forget the NEWS 5 minutes left... it happens sometimes to me. than 35 minutes later from now more news.

greets Jack
  • #683,345
  • Aug 23, 2012 2:20am Aug 23, 2012 2:20am
2570-80 very big res!
  • #683,346
  • Aug 23, 2012 2:20am Aug 23, 2012 2:20am
1.2560 to 1.2520/1.2505, SL at 1.2576

Risky in this environment, but I have a new strategy I'm testing out. Most likely will get stopped out, though.
  • #683,347
  • Aug 23, 2012 2:21am Aug 23, 2012 2:21am
Quoting Chicky
Americans don't wear underwears....... They wear boxers.


We Brits wear leopard print thongs
  • #683,348
  • Aug 23, 2012 2:22am Aug 23, 2012 2:22am
Quoting aurel_79
1st tp should beunder R1 (1.2568) and second undewr daily R2 (1.2608).. it my opinion!!!!!!!! if u like go long
1.26 is the take profit of JP Morgan , so over there i think there will be some short covering that will help Euro to go to its next point 1.24000
"It's the Margin, Stupid."
  • #683,349
  • Aug 23, 2012 2:24am Aug 23, 2012 2:24am
Quoting Vachus
1.26 is the take profit of JP Morgan , so over there i think there will be some short covering that will help Euro to go to its next point 1.24000
when did they said that ?
Mohan
  • #683,350
  • Aug 23, 2012 2:24am Aug 23, 2012 2:24am
If the price does fall this session, it most likely won't be by very much. Not setting a distant target.
  • #683,351
  • Aug 23, 2012 2:24am Aug 23, 2012 2:24am
Quoting StopGuessing
I have a problem understanding how is it based on the number of post which I have. How one can deduct I have a lack of knownledge. In fact it appears those who have been here for awhile are just as lost as the noobs.

I saw that style of posting being used other times, usually by people who are not sure about their methods.

I also noticed that more successful traders (at least here on ff) tend to write in a different way: less truths/rules and more suggestions.

As i said, i dont know you and if you're making milions good for you and please stay and teach me how
  • #683,352
  • Aug 23, 2012 2:25am Aug 23, 2012 2:25am
Prices go up or down minute or two before the news release. Why before?
  • #683,353
  • Aug 23, 2012 2:28am Aug 23, 2012 2:28am
Quoting mohan76
when did they said that ?
You wouldn't believe it , two weeks or three weeks ago they had their cheif Strategist for currency trading - something like that i don't remember the job title ,on Bloomberg and he said :

Euro at 1.22500 is a great opportunity to buy , with a target 1.26 and Stop lose at 1.20

And it seems he was right
"It's the Margin, Stupid."
  • #683,354
  • Aug 23, 2012 2:29am Aug 23, 2012 2:29am
Quoting CorBlimeyGuv
We Brits wear leopard print thongs
Oh Christ, can you imagine Boris Johnson in a pair of those!! No, better not even try!
  • #683,355
  • Aug 23, 2012 2:35am Aug 23, 2012 2:35am
Quoting Vachus
1.26 is the take profit of JP Morgan , so over there i think there will be some short covering that will help Euro to go to its next point 1.24000
I would not mind if she get there in this session.
"Men who can both be right and sit tight are uncommon."
  • #683,356
  • Aug 23, 2012 2:37am Aug 23, 2012 2:37am
Very overbought and now into weekly and daily supply. There's a couple of H4 supply levels in here. 1.26 looks good.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 27 KB
  • #683,357
  • Aug 23, 2012 2:37am Aug 23, 2012 2:37am
http://i46.tinypic.com/3343tdy.jpg

According to my analysis, I believe the potential high for today could be around 1.2615-30. Lets see if my prediction is accurate.

Price now at 0725GMT is 1.2565.

It would be good to take some of your profits on your long positions at this price. And move up your trailing stops.

I will share on friday why i make this prediction to call the top.
  • #683,358
  • Aug 23, 2012 2:39am Aug 23, 2012 2:39am
Quoting Mike8
Just reached the Upper trend line channel.
Clearly respected, a bit of a struggle there.
"Men who can both be right and sit tight are uncommon."
  • #683,359
  • Aug 23, 2012 2:39am Aug 23, 2012 2:39am
Quoting Mike8
I would not mind if she get there in this session.
Yes , but to get there it has two tests that must fail:

1- Resistance at 1.2600 - 1.26100 that must push it down
2- 1.25580 -1.25650 that can't support

If we get these two after touching the 1.26XX , i would say " Most probably it will go to 1.24000 " Or see you later at 1.26950
"It's the Margin, Stupid."
  • #683,360
  • Aug 23, 2012 2:46am Aug 23, 2012 2:46am
Quoting Vachus
Yes , but to get there it has two tests that must fail:

1- Resistance at 1.2600 - 1.26100 that must push it down
2- 1.25580 -1.25650 that can't support

If we get these two after touching the 1.26XX , i would say " Most probably it will go to 1.24000 " Or see you later at 1.26950
ok.
"Men who can both be right and sit tight are uncommon."
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