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  • #686,561
  • Aug 31, 2012 2:38am Aug 31, 2012 2:38am
Quoting Vachus
This Eur is a Motherf@*cker annoying currency , It decides to go up too soon - it goes down too soon , then it decides to go up too soon ... Now its trying to go up , in a down turn trend - at least this part of it !

On Jackson Hall, i think there will be confusing talk and the end result - No QE .. Which will play in Euro Favor and drive it to a Maximum of 1.25850 ! Other than that , this Long retracement should end at 1.25550 and continue the normal course of the Journey South till 1.24400

Good Morning & Good Luck
Vachus.

You can also trade other pairs, look at euraud or eurcad, beautiful swings.
"Men who can both be right and sit tight are uncommon."
  • #686,562
  • Aug 31, 2012 2:39am Aug 31, 2012 2:39am
Quoting Mike8
Very likely
set buy order @ 1.2610
1th target is 1.2720
2nd target is 1.2895
SL @ 1.2560
  • #686,563
  • Aug 31, 2012 2:40am Aug 31, 2012 2:40am
Quoting Mike8
Vachus.

You can also trade other pairs, look at euraud or eurcad, beautiful swings.
Sometimes it gets to the stage when you feel like taking a long and short position then carrying them both till they come out with TP's.
Even the worst trade can close with profit. Just give it time.
  • #686,564
  • Aug 31, 2012 2:42am Aug 31, 2012 2:42am
Quoting mohan76
Nd

If you see any baby bull send me telephathy signal
ucad
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,565
  • Aug 31, 2012 2:45am Aug 31, 2012 2:45am
Quoting Vachus
Why you assumed it will break Up , not Down ?
only an alternative
  • #686,566
  • Aug 31, 2012 2:46am Aug 31, 2012 2:46am
Quoting KiwiTrada
2 mins to sell off bro I will pm mohan to go have a nap till October
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,567
  • Aug 31, 2012 2:47am Aug 31, 2012 2:47am
4 doji in 15mins chart lol....
just like yesterday...I should turn off my monitor since this is messy n ugly until break out..
Patience, Emotion Control and Discipline.
  • #686,568
  • Aug 31, 2012 2:48am Aug 31, 2012 2:48am
Quoting Mehrdadovic
set buy order @ 1.2610
1th target is 1.2720
2nd target is 1.2895
SL @ 1.2560
Myself I just covered all, next week I will think how best to get in:

http://www.forexfactory.com/showthre...70#post5966370
"Men who can both be right and sit tight are uncommon."
  • #686,569
  • Aug 31, 2012 2:50am Aug 31, 2012 2:50am
Quoting Vachus
This Eur is a Motherf@*cker annoying currency , It decides to go up too soon - it goes down too soon , then it decides to go up too soon ... Now its trying to go up , in a down turn trend - at least this part of it !

On Jackson Hall, i think there will be confusing talk and the end result - No QE .. Which will play in Euro Favor and drive it to a Maximum of 1.25850 ! Other than that , this Long retracement should end at 1.25550 and continue the normal course of the Journey South till 1.24400

Good Morning & Good Luck
Morning, Market is waiting for the Jobless Numbers from EU in an hour or so
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #686,570
  • Aug 31, 2012 2:51am Aug 31, 2012 2:51am
Quoting Mehrdadovic
only an alternative
Yes , but your SL will get hit
"It's the Margin, Stupid."
  • #686,571
  • Aug 31, 2012 2:53am Aug 31, 2012 2:53am
Quoting Avir
Morning, Market is waiting for the Jobless Numbers from EU in an hour or so
How many pips this report can move the market ? 20 pips , 30 ? I was commenting on the major event that we have today , which i think is overrated..
"It's the Margin, Stupid."
  • #686,572
  • Aug 31, 2012 2:53am Aug 31, 2012 2:53am
I have entered some shorts here initial target zone 1.247x to 1.244x
SL 1.2525 at present
  • #686,573
  • Aug 31, 2012 2:54am Aug 31, 2012 2:54am
Quoting Vachus
Yes , but your SL will get hit
It's not gonna happen anyway
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,574
  • Aug 31, 2012 2:55am Aug 31, 2012 2:55am
Quoting John Gray
Sometimes it gets to the stage when you feel like taking a long and short position then carrying them both till they come out with TP's.
Yes, that also came to my mind, but I think it will not work.
"Men who can both be right and sit tight are uncommon."
  • #686,575
  • Aug 31, 2012 2:56am Aug 31, 2012 2:56am
Quoting Vachus
No QE .. Which will play in Euro Favor
Actually it is the opposite, no QE = EU down
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,576
  • Aug 31, 2012 2:56am Aug 31, 2012 2:56am
Quoting KillerWhale
ucad
Today we have GDP data for ucad, what is your idea about it ?
Thanks.
  • #686,577
  • Aug 31, 2012 2:59am Aug 31, 2012 2:59am
Quoting KillerWhale
Actually it is the opposite, no QE = EU down
Lol if he don't know that he shouldn't be trading!

Crazy!

No offense
Be hopeful in a winning position, and fearful in a losing position.
  • #686,578
  • Aug 31, 2012 3:03am Aug 31, 2012 3:03am
Quoting Bruce le
Today we have GDP data for ucad, what is your idea about it ?
Thanks.
GDP will most likely come out worse than expected.
Which probably means UCAD up 30-40 pips in the 30 minutes after the number comes out.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,579
  • Aug 31, 2012 3:08am Aug 31, 2012 3:08am
Chances of 2560?? Hehehe.

Remember all trading is equity management. Therefore keeping out of the market is not time wasting ... it is still equity management.
  • #686,580
  • Aug 31, 2012 3:12am Aug 31, 2012 3:12am
Quoting Mr.MaginCole
Chances of 2560?? Hehehe.

Remember all trading is equity management. Therefore keeping out of the market is not time wasting ... it is still equity management.
Great point.

Only trading the best setups has really helped me improve

Eyes on 2535 above current levels
Be hopeful in a winning position, and fearful in a losing position.
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