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EURUSD

  • #685,061
  • Aug 28, 2012 8:27am Aug 28, 2012 8:27am
One of the biggest lessons I had to learn as a noob was not to keep thinking that a pair should do a certain thing, if you keep trying to rationalize moves you'll only succeed in getting frustrated.

The market does it's thing and nothing we say or do as retail players can influence it

Quoting evilmechy
Can someone explain to me why does EUR seem to keep going up even when USD news is good? I don't see how the home prices in the US increasing should bring up the EUR.
  • #685,062
  • Aug 28, 2012 8:27am Aug 28, 2012 8:27am
Confusing headline from ECB possible bear

Quote
ECB unlikely to set yield caps in any bond buying - ECB sources
Market talk that the ECB is unlikely to target yield caps in its new bond-buying plan, instead target volatility - Unconfirmed
Mohan
  • #685,063
  • Aug 28, 2012 8:28am Aug 28, 2012 8:28am
Quoting MaxDoom
closed for peanuts....

I think we are going to see 1.257x first, if not I will re-enter below 1.2534

I am short now
  • #685,064
  • Aug 28, 2012 8:29am Aug 28, 2012 8:29am
Quoting mohan76
she like to visit 2600 i don't know weather it's today or not
Seem so if bear giving up last high
Patience, Emotion Control and Discipline.
  • #685,065
  • Aug 28, 2012 8:29am Aug 28, 2012 8:29am
Quoting $teve
In other words, eur will go up if US news is good and eur will go up if US news is bad. So it can only go up. That's why I don't look at fundamentals. The charts never lie. Been successful so far trading mostly on technicals.
that seems to be the case for now..if US data is good, then the euro bankers use it as a reason to prop up the euro as they hope that will in turn help their economy...if its bad, then they say it increases QE chances, also good for the Euro....

Thats why i dont decide what news means to the markets, i let the markets decide that, and then act accordingly...
  • #685,066
  • Aug 28, 2012 8:31am Aug 28, 2012 8:31am
Quoting mohan76
Confusing headline from ECB possible bear
Shake-up time. Whereever it goes
They think they are smarter than I am.
  • #685,067
  • Aug 28, 2012 8:34am Aug 28, 2012 8:34am
Quoting Tokkers
Worked i pick the indic up. Thx a lot
no prob
Be hopeful in a winning position, and fearful in a losing position.
  • #685,068
  • Aug 28, 2012 8:34am Aug 28, 2012 8:34am
Quoting Z3iz3i
Shake-up time. Whereever it goes
headlines are cross firing each other , looking for non euro ,USD, JPY pait to trade

now time for small nap
Mohan
  • #685,069
  • Aug 28, 2012 8:36am Aug 28, 2012 8:36am
Quoting nathan25x
that seems to be the case for now..if US data is good, then the euro bankers use it as a reason to prop up the euro as they hope that will in turn help their economy...if its bad, then they say it increases QE chances, also good for the Euro....

Thats why i dont decide what news means to the markets, i let the markets decide that, and then act accordingly...
EUR is at strong resistance area and I'm seeing a lot of sellers. Could be a nice short if EUR fails to close above 1.2560 today.
  • #685,070
  • Aug 28, 2012 8:36am Aug 28, 2012 8:36am
cool remain 30 minutes
  • #685,071
  • Aug 28, 2012 8:38am Aug 28, 2012 8:38am
Quoting $teve
EUR is at strong resistance area and I'm seeing a lot of sellers. Could be a nice short if EUR fails to close above 1.2560 today.
yes, the market just hit the daily R3 pivot exactly at 2572, and is at 70 on the 1HR RSI...not a bad place for a reverse.......
  • #685,072
  • Aug 28, 2012 8:38am Aug 28, 2012 8:38am
Quoting kibescorp
Re-entered long @1.2559 , SL 1.2540
why would you choose 1.2540 when price has previously bounced of

1.2537
1.2533

just wondering ?
  • #685,073
  • Aug 28, 2012 8:45am Aug 28, 2012 8:45am
short 2564
Be hopeful in a winning position, and fearful in a losing position.
  • #685,074
  • Aug 28, 2012 8:46am Aug 28, 2012 8:46am
short @ 2562
  • #685,075
  • Aug 28, 2012 8:52am Aug 28, 2012 8:52am
i am short 2560
Iam just A pips on the rode :nerd:
  • #685,076
  • Aug 28, 2012 8:53am Aug 28, 2012 8:53am
Quoting -er-
i am short 2560
{take profit} the 618 fib
Iam just A pips on the rode :nerd:
  • #685,077
  • Aug 28, 2012 8:53am Aug 28, 2012 8:53am
long ucad 9845
Be hopeful in a winning position, and fearful in a losing position.
  • #685,078
  • Aug 28, 2012 8:54am Aug 28, 2012 8:54am
R:R short
  • #685,079
  • Aug 28, 2012 8:55am Aug 28, 2012 8:55am
How do i have a gut feeling that banks want to drive up to test 1.26 at least.

Time is not yet though.

But index futures may have found intraday bottom.
They think they are smarter than I am.
  • #685,080
  • Aug 28, 2012 8:55am Aug 28, 2012 8:55am
Quoting -er-
{take profit} the 618 fib
good luck
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