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EURUSD

  • #688,561
  • Sep 6, 2012 3:15am Sep 6, 2012 3:15am
Quoting kuroro001
Good thing EU is going up. Waiting for usdnok to print an intraday reversal so i can short the hell out of eurusd
could you please share when it does ?
“Don't cry because it's over, smile because it happened.”
  • #688,562
  • Sep 6, 2012 3:16am Sep 6, 2012 3:16am
will wait till the shit reached 1.2650 as its where they want it to go, then once disappointment is digested, massive shorts
  • #688,563
  • Sep 6, 2012 3:20am Sep 6, 2012 3:20am
look at eur/chf that currency has been stable for the longest time and just yesterday boom up up up. the rothschilds must have farted...
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #688,564
  • Sep 6, 2012 3:21am Sep 6, 2012 3:21am
we can see from now
all are going high even gold
except Eur
no one wanna buy it
they know the result of ECB
  • #688,565
  • Sep 6, 2012 3:22am Sep 6, 2012 3:22am
Quoting ForexMGames
If you want to go big, this is it. This is the once-in-a-year event. This is what you have been waiting for. If you catch the correct direction, you are rewarded handsomely on your golden path to riches.
Well, if you wanted to trade long-term you could simply go long from here and wait a year for this pair to get back to its highs.

However, you wouldn't make much money that way due to all of the retracements in-between.

In addition, if you want your account to grow, you have to continue to take profits on tradesand "re-leverage" repeatedly.

The long-term game is only useful if you have a sizeable account to begin with.

Otherwise you still have to make regular trades, which means where the pair ends up in a year or two actually means very little to most traders.
  • #688,566
  • Sep 6, 2012 3:23am Sep 6, 2012 3:23am
Quoting kibescorp
Well, if you wanted to trade long-term you could simply go long from here and wait a year for this pair to get back to its highs.

However, you wouldn't make much money that way due to all of the retracements in-between.

In addition, if you want your account to grow, you have to continue to take profits on tradesand "re-leverage" repeatedly.

The long-term game is only useful if you have a sizeable account to begin with.

Otherwise you still have to make regular trades, which means where the pair ends up in a year or two actually...
how sizeable do u mean?
  • #688,567
  • Sep 6, 2012 3:24am Sep 6, 2012 3:24am
when it will reach 2660 all will start chaotically and neurviuoslly to buy eur.
ahahahah. banks will start to sell euro ahahahah

got it?
  • #688,568
  • Sep 6, 2012 3:26am Sep 6, 2012 3:26am
Quoting ForexMGames
http://i45.tinypic.com/1zyhcj.jpg

This is getting more and more interesting. It is almost like the final episode of a long running soap opera. This week (6th Sept ECB bond buying program unveiled) and maybe next week (12th Sept German court ruling) are the crucial junctures. What prevails over these 2 weeks will determine the ultimate winner.

What am i talking about? I am referring to the king of forex, Mr EURUSD. The daily chart is now at the critical crossroad. For we are at point 4 of a prolonged down trend line. More than 365...

100% agree, very very interesting level 2650 will be key for bulls 2600 for bears my mid is 2619 for now is just waiting shite to hitted the fan

for bear train continuation is 2131 smashed
If you are new to Forex? Say Goodbye to your account!!
  • #688,569
  • Sep 6, 2012 3:26am Sep 6, 2012 3:26am
Quoting balanced2012
could you please share when it does ?
I could
Right now usdnok at support. And the daily suggest a retracement up even though it's a little messy.
COT: The precious data ignored
  • #688,570
  • Sep 6, 2012 3:26am Sep 6, 2012 3:26am
Quoting disegnosys
Some posters here have some nice plans and hope they work out. My shorts these days at these good supply levels have been more hit and run short term style trades. I've been mostly a EUR/USD buyer of dips on the H4 chart since the beginning of June. Hopefully I'll get another chance to reload around 1.2525/50 again.

G/L

Cheers
go down. The Euro has nothing. Greece will be out, Spain is 95% will be out.
The banks have Euro forcast at 1.17 by xmas. Bloomberg advisor puts it as 1.15 in shorter time span.
  • #688,571
  • Sep 6, 2012 3:26am Sep 6, 2012 3:26am
emtered shorts on EU Dax and Crude at current levels
  • #688,572
  • Sep 6, 2012 3:28am Sep 6, 2012 3:28am
1.2630 seems bit hard to break.... but 1.2650 seems to place they want to push it to build their shorts
  • #688,573
  • Sep 6, 2012 3:29am Sep 6, 2012 3:29am
Quoting KiwiTrada
100% agree, very very interesting level 2650 will be key for bulls 2600 for bears my mid is 2619 for now is just waiting shite to hitted the fan

for bear train continuation is 2131 smashed
critical moment....

maybe it is better to stay sideline...or I will try short the rally...with tight sl
Patience, Emotion Control and Discipline.
  • #688,574
  • Sep 6, 2012 3:29am Sep 6, 2012 3:29am
Quoting divak
1.2630 seems bit hard to break.... but 1.2650 seems to place they want to push it to build their shorts
Drahis mouth will break it

i will short 2690. that level for me looks atractive.
after 2690 it will go down to 2440
  • #688,575
  • Sep 6, 2012 3:30am Sep 6, 2012 3:30am
Quoting kibescorp
Well, if you wanted to trade long-term you could simply go long from here and wait a year for this pair to get back to its highs.

However, you wouldn't make much money that way due to all of the retracements in-between.

In addition, if you want your account to grow, you have to continue to take profits on tradesand "re-leverage" repeatedly.

The long-term game is only useful if you have a sizeable account to begin with.

Otherwise you still have to make regular trades, which means where the pair ends up in a year or two actually means...

I think he means if this trend line is broken a few hundred pips could happen quickly, conversely if the trend line holds we could drop a few hundred pips in a relatively short period of time reversing the bullish retracement of the past 6 weeks.

Was the last 6 weeks a retracement or a reversal?

That is what we will find out in the next day or two.
  • #688,576
  • Sep 6, 2012 3:30am Sep 6, 2012 3:30am
Quoting MaxDoom
emtered shorts on EU Dax and Crude at current levels
  • #688,577
  • Sep 6, 2012 3:32am Sep 6, 2012 3:32am
Quoting KiwiTrada
100% agree, very very interesting level 2650 will be key for bulls 2600 for bears my mid is 2619 for now is just waiting shite to hitted the fan

for bear train continuation is 2131 smashed
i have placed my shorts from 1.2655-65. Hope it works.
  • #688,578
  • Sep 6, 2012 3:32am Sep 6, 2012 3:32am
slowly but sure, uptrend...

i guess, maybe...

support 12600

resistance 12640

what do you think guys ?

  • #688,579
  • Sep 6, 2012 3:32am Sep 6, 2012 3:32am
Spain auction about to happen
Mohan
  • #688,580
  • Sep 6, 2012 3:38am Sep 6, 2012 3:38am
Quoting divak
how sizeable do u mean?
Probably an account of at least six figures if not seven ... in order for a 2000 pip/year gain to be a substantial amount of money.
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