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EURUSD

  • #684,461
  • Aug 27, 2012 1:39am Aug 27, 2012 1:39am
Quoting Soldier
PA speaks german or french?
i'm sure pa speaks makedonia
  • #684,462
  • Aug 27, 2012 1:40am Aug 27, 2012 1:40am
Quoting kibescorp
Buy @1.2507 ... target OPEN, SL 1.2497
Exit.
  • #684,463
  • Aug 27, 2012 1:41am Aug 27, 2012 1:41am
Quoting chamoknet
sl ???

on the chart
  • #684,464
  • Aug 27, 2012 1:43am Aug 27, 2012 1:43am
Quoting Rag2RichesFX
depends on what your risk is, but i would have set it the same as max doom, around 2545.

or if you want even less risk, just above the recent highs of 2535. problem with that is that you may get stopped out, but you can always re enter and save yourself a lot of pips inbetween, where as if your stop was above 2560 and you were stopped out you would lose around 25-30 pips instead of 5 pips from the first short @ 2533, and then re shorting at 2555/2560 with stops just above, and losing another 5 pips there.

sorry i am poor @ explaining

with...
thanks, I've moved my stop loss closer but gave myself some wiggle room from that trend line and put it at 2540. I really want her to tank!

edit: I also entered a small short on gbp/usd, looking for her to get down to 5784
  • #684,465
  • Aug 27, 2012 1:47am Aug 27, 2012 1:47am
i'm looking to go long around 1.2510 area
  • #684,466
  • Aug 27, 2012 1:48am Aug 27, 2012 1:48am
Quoting NewbTrader7
thanks, I've moved my stop loss closer but gave myself some wiggle room from that trend line and put it at 2540. I really want her to tank!
me too, good luck to you!

am short usdjpy from 78.81 thats my only other trade
Be hopeful in a winning position, and fearful in a losing position.
  • #684,467
  • Aug 27, 2012 1:51am Aug 27, 2012 1:51am
Quoting NewbTrader7
thanks, I've moved my stop loss closer but gave myself some wiggle room from that trend line and put it at 2540. I really want her to tank!

edit: I also entered a small short on gbp/usd, looking for her to get down to 5784
my 2 cents....i project this current uptick to terminate just past the downtrend...at about 2544...so a stop around 2555 may be advisable to prevent stopout.....
  • #684,468
  • Aug 27, 2012 1:54am Aug 27, 2012 1:54am
hi
  • #684,469
  • Aug 27, 2012 1:57am Aug 27, 2012 1:57am
Quoting Rag2RichesFX
me too, good luck to you!

am short usdjpy from 78.81 thats my only other trade
as to you my friend! I am definitely learning from you.

mind sharing your TP?
  • #684,470
  • Aug 27, 2012 1:57am Aug 27, 2012 1:57am
price just bounced perfectly off of both ends of H1 bollinger band
Be hopeful in a winning position, and fearful in a losing position.
  • #684,471
  • Aug 27, 2012 2:03am Aug 27, 2012 2:03am
Quoting NewbTrader7
as to you my friend! I am definitely learning from you.

mind sharing your TP?
i just took a 25% profit @ the daily pivot, 2520, which now makes my trade free even with stop above recent highs

rest of it will probably take profit @ 2490 and will reshort after a bounce if it still looks weak

its certainly still bullish on 5m and 15m TF so i have to be cautious, and being above daily pivot always gives a bullish bias.
Be hopeful in a winning position, and fearful in a losing position.
  • #684,472
  • Aug 27, 2012 2:04am Aug 27, 2012 2:04am
Quoting duyk20
hi
hi

hows losing going on?
No place for mistakes
  • #684,473
  • Aug 27, 2012 2:05am Aug 27, 2012 2:05am
Hi, i am a begginer in currency trading, kindly suggest short positions in eur/usd with SL and TP.
  • #684,474
  • Aug 27, 2012 2:06am Aug 27, 2012 2:06am
Does any one here knows a good fx compnay with good leverage and low spreads other than fxsol and fxcm?
  • #684,475
  • Aug 27, 2012 2:07am Aug 27, 2012 2:07am
The news dint pressure the euro which is giving me a second thought about shorting the euro. The bull rally may be sudued but we are not seeing a bear market either.
  • #684,476
  • Aug 27, 2012 2:08am Aug 27, 2012 2:08am
on the wires just heard downward revision for 2011 gdp growth for spain, down to 0.4% from 0.7%

someone correct me if i heard wrong

edit: hearing now 2010 gdp also revised from 0.3 to 0.1%, amazing they cant get the numbers accurate the first few times
Be hopeful in a winning position, and fearful in a losing position.
  • #684,477
  • Aug 27, 2012 2:12am Aug 27, 2012 2:12am
Quoting Stonar901
Does any one here knows a good fx compnay with good leverage and low spreads other than fxsol and fxcm?
stonar...you might want to check out HotForex...i've been with them for about a year and am pretty happy...have had no trouble making withdraws and no real performance issues for me (tho i avoid super high volaltity as in right after a big new/release).

If you sign up thru cashback forex you get a nice rebate...with the rebate my average spread on the Euro has been around 1.2 to 1.4.....cheers
  • #684,478
  • Aug 27, 2012 2:12am Aug 27, 2012 2:12am
Did somebody notice it? EUR/JPY is a clear indicator of bullish/bearish ness.
  • #684,479
  • Aug 27, 2012 2:13am Aug 27, 2012 2:13am
1.26 max on the upside. downside max 1.2450.
  • #684,480
  • Aug 27, 2012 2:15am Aug 27, 2012 2:15am
Quoting katejackson
buy positions above 1.246 with targets @ 1.263 & 1.275 in extension.
"Men who can both be right and sit tight are uncommon."
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