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EURUSD

  • #685,521
  • Aug 29, 2012 4:01am Aug 29, 2012 4:01am
took short 2565....
n closed @BE after break.....

hmmmm.....
Patience, Emotion Control and Discipline.
  • #685,522
  • Aug 29, 2012 4:05am Aug 29, 2012 4:05am
Quoting mohan76
confusing bearish news on wire
Draghi on wires giving out free doses of hopium
Be hopeful in a winning position, and fearful in a losing position.
  • #685,523
  • Aug 29, 2012 4:06am Aug 29, 2012 4:06am
Quoting glowing2012
12570-12575 has now been rejected 4 times in last 24 hrs. Also I think I am seeing H&S on 4hr chart.

Plus, Max are you expecting nothing substantial from Bernanke later in the week which would be dollar supportive?

I try not to get involved in fundementals too much.... I have seen lots of trades go wrong where people have assumed a fundemental outcome only to be disappointed either because they got the answer they wanted but market went the opposite way (priced in profit take) or because they didn't get the right answer....

If you watch the charts all such information is priced in before you will know it so in most cases it's not worth guessing.....

that said, I would expect them to play down any talk of QE until such time as they are going to do it - which I think will be later in the year maybe October if they do..

As per my earlier post I am trading a correction scenario and will continue to do so until 1.2576 gives way or 1.245x is reached.
  • #685,524
  • Aug 29, 2012 4:06am Aug 29, 2012 4:06am
Quoting Rag2RichesFX
Draghi on wires giving out free doses of hopium
yep he killed greek bear , but his comment not that bluish
Mohan
  • #685,525
  • Aug 29, 2012 4:06am Aug 29, 2012 4:06am
Quoting Rag2RichesFX
doses of hopium
Hey Rags, I took a long position in GBP/USD. I'd like to know your bias on that currency if I may. Thank you in advance.
  • #685,526
  • Aug 29, 2012 4:07am Aug 29, 2012 4:07am
Quoting GSGill
What does 2558 look like to everyone?
Done for now, will wait for better entries.
  • #685,527
  • Aug 29, 2012 4:09am Aug 29, 2012 4:09am
1.2570 needs to die.
  • #685,528
  • Aug 29, 2012 4:10am Aug 29, 2012 4:10am
Quoting mohan76
it's killing last night headlines





Edit :
Now Drahi on wire wire , his comment

nothing new in that statement - how many times does he think saying the same meaning less words over will fool everybody
  • #685,529
  • Aug 29, 2012 4:10am Aug 29, 2012 4:10am
Will watch PA around 1.033 on Aussie for possible entry long
  • #685,530
  • Aug 29, 2012 4:10am Aug 29, 2012 4:10am
Quoting NewbTrader7
Hey Rags, I took a long position in GBP/USD. I'd like to know your bias on that currency if I may. Thank you in advance.
dont follow it much at all so i cant comment.. but it moves pretty much in line with EU, could certainly go to 5900 again
Be hopeful in a winning position, and fearful in a losing position.
  • #685,531
  • Aug 29, 2012 4:12am Aug 29, 2012 4:12am
2590 Serious supply.
  • #685,532
  • Aug 29, 2012 4:12am Aug 29, 2012 4:12am
Quoting mohan76
yep he killed greek bear , but his comment not that bluish


true its nothing he hasn't said already
Be hopeful in a winning position, and fearful in a losing position.
  • #685,533
  • Aug 29, 2012 4:13am Aug 29, 2012 4:13am
Quoting MaxDoom
nothing new in that statement - how many times does he think saying the same meaning less words over will fool everybody
he keep showing us a "closed box" , he have to open it on next monitory meeting then only we all know what inside , this Pa love any bullish new
Mohan
  • #685,534
  • Aug 29, 2012 4:15am Aug 29, 2012 4:15am
Quoting GSGill
Will watch PA around 1.033 on Aussie for possible entry long
i will long it if we reach there
Be hopeful in a winning position, and fearful in a losing position.
  • #685,535
  • Aug 29, 2012 4:16am Aug 29, 2012 4:16am
Early enough for this place ...

Quoting mercy seat
Okay ...

We did postulate to play A REVERSO later ...

#685504

And so we did ...



LONG since 1.25380 ...

09h44 CET





;-|
And reloaded some ...

#7114

Quoting mercy seat
Lowest entry from my side has been 1.25360 ...

Covered larger parts @ 1.25660 ...

10h34 CET





;-|
And reloaded some long at 1.25580 ...

11h03 CET






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #685,536
  • Aug 29, 2012 4:16am Aug 29, 2012 4:16am
I think price is headed upwards. We'll see.
  • #685,537
  • Aug 29, 2012 4:17am Aug 29, 2012 4:17am
was thinking once we break the resist..
how high can it be...

I dnt see big room until a confirm move by ECB n Fed...

maybe 1.2640-60 max

hmmmmm

there are few shorts these day closed @BE...lol
Patience, Emotion Control and Discipline.
  • #685,538
  • Aug 29, 2012 4:19am Aug 29, 2012 4:19am
My system showing bull but my gut feelings bear very confused what to do
  • #685,539
  • Aug 29, 2012 4:21am Aug 29, 2012 4:21am
Italy had good short term auction again

Quote
taly sells EUR 9bln 6-month BOTs, bid/cover 1.69, Prev. 1.61 (yield 1.585%, Prev. 2.454%) lowest since March
Mohan
  • #685,540
  • Aug 29, 2012 4:22am Aug 29, 2012 4:22am
Quoting onlyfortrade
My system showing bull but my gut feelings bear very confused what to do
may be this will help
Attached Image
Mohan
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