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EURUSD

  • #684,401
  • Aug 26, 2012 9:56pm Aug 26, 2012 9:56pm
Quoting Chicky
What you are waiting for?

But I am going to bed will reply tomorrow.
Little early don't you think?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #684,402
  • Aug 26, 2012 9:57pm Aug 26, 2012 9:57pm
Quoting Soldier
hello losers how u doing?
Lets make Looss some money
  • #684,403
  • Aug 26, 2012 10:53pm Aug 26, 2012 10:53pm
Next hour will tell us more about today s trading...FOMC might mix the cards a bit ..BR
watching 2512 closely
  • #684,404
  • Edited 11:13pm Aug 26, 2012 11:03pm | Edited 11:13pm
NOW what ?
  • #684,405
  • Aug 26, 2012 11:12pm Aug 26, 2012 11:12pm
I am looking to buy at 1.2440 area. Otherwise I will go short 2560-ish.
  • #684,406
  • Aug 26, 2012 11:23pm Aug 26, 2012 11:23pm
Quoting Mr.MaginCole
I am looking to buy at 1.2440 area. Otherwise I will go short 2560-ish.
not bad trade idea
Loosening is not an option
  • #684,407
  • Aug 26, 2012 11:24pm Aug 26, 2012 11:24pm
Quoting Mr.MaginCole
I am looking to buy at 1.2440 area. Otherwise I will go short 2560-ish.
Yup I'm pretty sure it wants 2440 but 2480 may hold.
Be hopeful in a winning position, and fearful in a losing position.
  • #684,408
  • Aug 26, 2012 11:25pm Aug 26, 2012 11:25pm
may be...
Attached Image (click to enlarge)
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  • #684,409
  • Edited Aug 27, 2012 12:19am Aug 26, 2012 11:27pm | Edited Aug 27, 2012 12:19am
sell stop activated on 1.2496. stop 1.2507. may use a buy stop if stop is taken out.
modified sl to 1.2511.
stopped out and awaits german IFO.
  • #684,410
  • Aug 26, 2012 11:29pm Aug 26, 2012 11:29pm
Where first 2560 or 2481?
"Men who can both be right and sit tight are uncommon."
  • #684,411
  • Aug 26, 2012 11:36pm Aug 26, 2012 11:36pm
Quoting Mr.MaginCole
I am looking to buy at 1.2440 area. Otherwise I will go short 2560-ish.
looking for some res in 2600 area but its for me some low interest place ...2670 -90 might be good for shorting ...and I dont have any plan for short position right now ... good trading and patient to u...
  • #684,412
  • Aug 26, 2012 11:38pm Aug 26, 2012 11:38pm
Quoting thefox91
may be...
Hi, I dont understand your red lines, but seem good.
Any explanation
  • #684,413
  • Aug 26, 2012 11:39pm Aug 26, 2012 11:39pm
Worst kind of market ... low volume with no discernible pattern.
  • #684,414
  • Aug 26, 2012 11:41pm Aug 26, 2012 11:41pm
if the count is correct we still have another spike to the upside once wave4 is finished around 1.2475 to take it to 1.2630 area only to finish the first leg a of wavey . so i ll be watching 1.2475 for a rejection to take it to the upside
Attached Image (click to enlarge)
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  • #684,415
  • Aug 26, 2012 11:43pm Aug 26, 2012 11:43pm
Quoting Mike8
Where first 2560 or 2481?
Wait to see if this S/R breaks. My intuition based on everything is down however I have no position open yet.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #684,416
  • Aug 26, 2012 11:43pm Aug 26, 2012 11:43pm
Quoting cat
shorts looking good down to 1,2470 at least. Wall st has been falling consistently for three days and now I think euro will follow. I've set TP for 1,2480 as I've got to go out. This is just above H1 100SMA, and just above the 38.2% fib anchored from the low on the 20th August. I think it'll go lower, but don't want to leave position over the long weekend.( bank hols here in the UK don't forget) I'll eat my mouse if it snaps back in the pm session, this looks like a pretty safe short atm ( famous last words!!)

A good weekend to all!
Thought you might all enjoy this one. Left the above whilst I had to go out, came back to find that my TP had been missed by 1 pip, and my SL at BE had been triggered by 2 pips, 79 pips down the drain! C'est La vie, today's another day!
ps- the mouse tasted awful- not recommended!)
  • #684,417
  • Aug 26, 2012 11:44pm Aug 26, 2012 11:44pm
Quoting kibescorp
Worst kind of market ... low volume with no discernible pattern.
Indeed. The slowest August I have ever experienced...which probably means September is going to be wild!!

Despite U.K. on holiday, could see some movement from German IFO at 0900 GMT.
"The market can remain irrational longer than you can remain solvent"
  • #684,418
  • Aug 26, 2012 11:54pm Aug 26, 2012 11:54pm
Hope everyone is ready for a profitable week of trading. As of right now EUR is a nice sideways range above the middle pivot 1.24955 Should we close over 1.25047 we should break this sideways trend. Anything under that makes it a good short.
He who guess is LOST!
  • #684,419
  • Aug 26, 2012 11:54pm Aug 26, 2012 11:54pm
I'd like to see 1hr or 4hr close below 2499/98 and we might go to 2481/80 (price is diff depending on your spread and/or broker)
Be hopeful in a winning position, and fearful in a losing position.
  • #684,420
  • Aug 26, 2012 11:56pm Aug 26, 2012 11:56pm
eu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd h4 27.08.2012.jpg Size: 106 KB
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