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EURUSD

  • #686,581
  • Aug 31, 2012 3:13am Aug 31, 2012 3:13am
Quoting Rag2RichesFX
Lol if he don't know that he shouldn't be trading!

Crazy!

No offense
Increasing the supply decreases the value of the $USD, EUR/USD increasing as a result.

Anyway, I know this pattern doesn't fit the books perfectly, but it seems like the downside scenario if the good news comes out from Mr Bernanke!
Attached Image (click to enlarge)
Click to Enlarge Name: 31August H&S EURUSD.png Size: 39 KB
Even the worst trade can close with profit. Just give it time.
  • #686,582
  • Aug 31, 2012 3:17am Aug 31, 2012 3:17am
Quoting John Gray
Increasing the supply decreases the value of the $USD, EUR/USD increasing as a result.

Anyway, I know this pattern doesn't fit the books perfectly, but it seems like the downside scenario if the good news comes out from Mr Bernanke!
I was not talking about you I don't think

If I may ask, what are your bollinger band settings?

Thanks
Be hopeful in a winning position, and fearful in a losing position.
  • #686,583
  • Aug 31, 2012 3:20am Aug 31, 2012 3:20am
Quoting Rag2RichesFX
I was not talking about you I don't think

If I may ask, what are your bollinger band settings?

Thanks
No I am just nosey

just 20/2 standard
Even the worst trade can close with profit. Just give it time.
  • #686,584
  • Aug 31, 2012 3:21am Aug 31, 2012 3:21am
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  • #686,585
  • Aug 31, 2012 3:30am Aug 31, 2012 3:30am
.
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Click to Enlarge Name: 1.jpg Size: 65 KB
"Men who can both be right and sit tight are uncommon."
  • #686,586
  • Aug 31, 2012 3:37am Aug 31, 2012 3:37am
place a sell @ 2521
TP @ 2468
SL @ 2540
Good R/R
Hope it work
  • #686,587
  • Aug 31, 2012 3:39am Aug 31, 2012 3:39am
Waiting some unexpected news...or speaker.

Stop running looming.
They think they are smarter than I am.
  • #686,588
  • Aug 31, 2012 3:52am Aug 31, 2012 3:52am
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.
Okay 1.2544 is more feasible....... current price 1.2525 0851GMT
  • #686,589
  • Aug 31, 2012 3:52am Aug 31, 2012 3:52am
Quoting aarash
place a sell @ 2521
TP @ 2468
SL @ 2540
Good R/R
Hope it work

----EU will rise till the speech IMO----
Trades technical moves enforced by fundamentals
  • #686,590
  • Aug 31, 2012 3:53am Aug 31, 2012 3:53am
Inserted Video


what will happen after tokiyo close ? check video
-----------------
  • #686,591
  • Aug 31, 2012 3:53am Aug 31, 2012 3:53am
Quoting Z3iz3i
Waiting some unexpected news...or speaker.

Stop running looming.
There you go.
They think they are smarter than I am.
  • #686,592
  • Aug 31, 2012 4:01am Aug 31, 2012 4:01am
Killer Whale? Xandi? Should I long the UCAD here? Is it safe?
  • #686,593
  • Aug 31, 2012 4:03am Aug 31, 2012 4:03am
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
You are so short bias it makes me sick.
He who guess is LOST!
  • #686,594
  • Aug 31, 2012 4:03am Aug 31, 2012 4:03am
Quoting Mr.MaginCole
Okay 1.2544 is more feasible....... current price 1.2525 0851GMT
Exiting at 1.2551 .... sitting out for a moment now. 0901GMT
  • #686,595
  • Aug 31, 2012 4:05am Aug 31, 2012 4:05am
Quoting post
----EU will rise till the speech IMO----
SL Hit!

Reload @ 2550
TP and SL open for now..
  • #686,596
  • Aug 31, 2012 4:06am Aug 31, 2012 4:06am
What about going short now?
  • #686,597
  • Aug 31, 2012 4:08am Aug 31, 2012 4:08am
68/69 would be critical, after that more upside bias to come.

If stops there, its rangebound, safe short.
They think they are smarter than I am.
  • #686,598
  • Aug 31, 2012 4:09am Aug 31, 2012 4:09am
Trapped shorts 37 and 29
GU shorts 2x at 5821

Any link to his speech?
In trading, you have to be defensive and aggressive at the same time
  • #686,599
  • Aug 31, 2012 4:09am Aug 31, 2012 4:09am
Quoting Tadej89
What about going short now?
Shorted @ 25573
  • #686,600
  • Aug 31, 2012 4:11am Aug 31, 2012 4:11am
I'll give pending order to short at 1,2565.
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