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  • #684,661
  • Aug 27, 2012 1:06pm Aug 27, 2012 1:06pm
Quoting KillerWhale
Maybe it won't get above 1.2626
Agree. It seems going down toward bottom line of daily chanel.
  • #684,662
  • Aug 27, 2012 1:07pm Aug 27, 2012 1:07pm
Quoting Vectamart
I guess Mario Draghi must be Bloomberg TV's most loyal fan!
good idea Mr. Vectamart
  • #684,663
  • Edited 1:46pm Aug 27, 2012 1:30pm | Edited 1:46pm
Quoting xandi
Well, after a quick look, the scenario stays unchanged and the same ideias we have from previous week...
so, next step is obvious 1.2620/40,and as soon as price arrive to that target, it will go down again to 1.2490, and after 1.2440.

buy 1.2507, stop 1.2475, target 1.2610.

At 1.2610 I will short it huge..
cheers and good trades.
GOING OFF... CLOSING POSTION

On the daily chart itīs seems to go consolidate near 1.2420/2400.
On Monthly chart, is pointing to close at this exactly price, 1.2510 +/- on end of the month.
On weekly is pointing also to close at this level, but before it should go back to 1.2400, and after again up.


Close my position now at Breakeven, and entered pending order to buy at 1.2440, with TP 1.2510 and SL 1.2370. At Asia Iīll try to figure out better this cenario, because maybe the price can take a last breath and touch 1.2620 Resistance and there come down to end the week and month at 1.2510, as I thought innitialy.

PS: It seems that the winning strategie now is:
SHORT on 1.26 or bit higher
LONG on 1.2440 or bit lower
let run 1 LOT with that position, other lot scalp entering the points and side above and Take Profit every 20 pips (nowadays I donīt scalp, so I use only the first, but I assume it can result)

good luck
  • #684,664
  • Aug 27, 2012 1:32pm Aug 27, 2012 1:32pm
Quoting Davit
There is no conclusive reason to go long.
Yes there is.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 27.08.2012.png Size: 45 KB
  • #684,665
  • Aug 27, 2012 1:42pm Aug 27, 2012 1:42pm
I am short at 1.2519. Where should I put a TP. I am confused (and a newbie too). Is 1.248 good and reachable?
Have putt in a Stopp loss at 1.263
  • #684,666
  • Aug 27, 2012 2:03pm Aug 27, 2012 2:03pm
Quoting Faiz99
I am short at 1.2519. Where should I put a TP. I am confused (and a newbie too). Is 1.248 good and reachable?
Have putt in a Stopp loss at 1.263
1.24900 for sure , 1.24850 possible and 1.24750 is the last station ... I had a short position ( one from 1.25300, and other one at 1.25270 ) But i closed few minutes before FOMC member speech and 1.25850 was my target. I also have a Buy Limit at 1.24840 SL 1.24760 TP 1.25450 ( and i may update it till 1.25550 ... we will see


But everything is possible and something might happen.
"It's the Margin, Stupid."
  • #684,667
  • Aug 27, 2012 2:08pm Aug 27, 2012 2:08pm
yay finally we seem to be moving
  • #684,668
  • Aug 27, 2012 2:09pm Aug 27, 2012 2:09pm
Quoting Vachus
1.24900 for sure , 1.24850 possible and 1.24750 is the last station ... I had a short position ( one from 1.25300, and other one at 1.25270 ) But i closed few minutes before FOMC member speech and 1.25850 was my target. I also have a Buy Limit at 1.24840 SL 1.24760 TP 1.25450 ( and i may update it till 1.25550 ... we will see


But everything is possible and something might happen.
I'm still holding on to my short from 2533 and will be looking to take profit around your original target of 2484
  • #684,669
  • Aug 27, 2012 2:17pm Aug 27, 2012 2:17pm
Quoting Faiz99
I am short at 1.2519. Where should I put a TP. I am confused (and a newbie too). Is 1.248 good and reachable?
Have putt in a Stopp loss at 1.263
Generally learn to look at the charts and see clear S/R levels.
Not hard.
Use Fib tool and draw recent h /l and see how those lines overlap beautifully.
Go small until you learn.Don't blow your account while learning.
In trading, you have to be defensive and aggressive at the same time
  • #684,670
  • Aug 27, 2012 2:35pm Aug 27, 2012 2:35pm
New low for audusd
New voice message: Why are you calling me? If I need you, I'll call you!
  • #684,671
  • Aug 27, 2012 2:39pm Aug 27, 2012 2:39pm
why am I the only one excited to see eur/usd to go lower?!! DROP DROP DROP!
  • #684,672
  • Aug 27, 2012 2:46pm Aug 27, 2012 2:46pm
Quoting NewbTrader7
why am I the only one excited to see eur/usd to go lower?!! DROP DROP DROP!
you are not the only one
  • #684,673
  • Aug 27, 2012 2:55pm Aug 27, 2012 2:55pm
gold looks like it wants 1662 after that retrace maybe... not sure if buy the dips work but probably since jackson hole is on friday
  • #684,674
  • Aug 27, 2012 2:58pm Aug 27, 2012 2:58pm
Quoting NewbTrader7
why am I the only one excited to see eur/usd to go lower?!! DROP DROP DROP!
the same
  • #684,675
  • Edited 3:12pm Aug 27, 2012 3:02pm | Edited 3:12pm
  •  aBaxs
  • | Joined Jan 2011 | Status: http://www.socialtrading-aula.com/ | 72 Posts
There is a strong support area.

1.25 psychological
fib 61.8 on daily basis
old breakout bufferzone
and we can see a dragon doji in 15m chart

Maybe we have to wait until London Session tomorrow for a decision.
  • #684,676
  • Aug 27, 2012 3:10pm Aug 27, 2012 3:10pm
http://www.borsaat.com/vb/uploaded/4...1346097926.jpg
  • #684,677
  • Aug 27, 2012 3:30pm Aug 27, 2012 3:30pm
Quoting KillerWhale
New low for audusd
Where have you last locked your profits ???
Human
  • #684,678
  • Aug 27, 2012 3:36pm Aug 27, 2012 3:36pm
Quoting Chanya
Where have you last locked your profits ???
I have some profits locked @ 1.0440.
My target is 1.0180
New voice message: Why are you calling me? If I need you, I'll call you!
  • #684,679
  • Aug 27, 2012 3:38pm Aug 27, 2012 3:38pm
http://www.borsaat.com/vb/uploaded/4...1346099759.jpg
  • #684,680
  • Aug 27, 2012 3:38pm Aug 27, 2012 3:38pm
Quoting KillerWhale
I have some profits locked @ 1.0440.
My target is 1.0180
Cool . Goodie you are not a scalper too ...
Human
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