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EURUSD

  • #689,301
  • Sep 7, 2012 7:03am Sep 7, 2012 7:03am
anyone take a look at euro swiss lately...

been about a year since we have seen action like this in this pair

anyone know whats going on that it finally broke out of its normal 10 pip daily range since the 1.20 floor was put in?
Be hopeful in a winning position, and fearful in a losing position.
  • #689,302
  • Sep 7, 2012 7:05am Sep 7, 2012 7:05am

Tough Heavy Weight Title Bout!!

Quoting catalin1987
laugh a little about this chart eur / usd!!by the way i'm short.
  • #689,303
  • Sep 7, 2012 7:06am Sep 7, 2012 7:06am
Quoting forex_J
GS says 1.3 so I assume E/U definitely turns before that
when they say some recommendations you have to ask following question to your self

1) what they want us to do ?
2) why they want us to do
3) what is the benefit for them

usually if they give long signal before top means they taking profit or loading shorts
Mohan
  • #689,304
  • Sep 7, 2012 7:07am Sep 7, 2012 7:07am
i think the dollar will drop but help us on the gold side
  • #689,305
  • Sep 7, 2012 7:07am Sep 7, 2012 7:07am
Quoting catalin1987
laugh a little about this chart eur / usd!!by the way i'm short.
hahahahahahahhaahhaha
  • #689,306
  • Sep 7, 2012 7:08am Sep 7, 2012 7:08am
Quoting Rag2RichesFX
anyone take a look at euro swiss lately...

been about a year since we have seen action like this in this pair

anyone know whats going on that it finally broke out of its normal 10 pip daily range since the 1.20 floor was put in?
it was due to rumor "SNB lifting floor"
Mohan
  • #689,307
  • Sep 7, 2012 7:10am Sep 7, 2012 7:10am
Quoting mohan76
still holding your long term trade ?
I closed all, when I made 70% (about) of my cap in less then 3 weeks and the tap of the daily DTL and stalling due to the upcoming release.

But I have started to buy again yesterday since the daily broken DTL and Draghi comments. I am only buying more when the tape is telling me that I am right and in profit, I have to admit that this time I am a bit more aggressive due to the recent outcome.

Technicality is telling me that she is going further, technicality is also very subjective and for this reason I do not follow blindly my prediction (I do not care to be right, I care to make money) but i like to take my chances risking as much less as possible trying to pocket the opposite.
"Men who can both be right and sit tight are uncommon."
  • #689,308
  • Sep 7, 2012 7:10am Sep 7, 2012 7:10am
As for the EURUSD, analysts have perceived as a positive step in this rate decision, although many consider it an early assessment, let alone a victory for Mario Draghi. In the camp of optimists, Morgan Stanley estimates that opened the way for 1.3000 especially if the pass rate above 1.2750.

from http://gr.forexpros.com
  • #689,309
  • Sep 7, 2012 7:10am Sep 7, 2012 7:10am
Hi guys. Given the timing with the Democrat Convention, I wouldn't be surprised if the NFP is positive today.
The trend is my friend? The world casino is my friend!
  • #689,310
  • Sep 7, 2012 7:10am Sep 7, 2012 7:10am
Quoting Rag2RichesFX
anyone take a look at euro swiss lately...

been about a year since we have seen action like this in this pair

anyone know whats going on that it finally broke out of its normal 10 pip daily range since the 1.20 floor was put in?
It's sad now it's going up. Rumor says SNB wants 1.22 but not sure. For a few months I've been placing buy orders below 1.2010 then sell at 1.2015 but I guess it's over now
  • #689,311
  • Sep 7, 2012 7:10am Sep 7, 2012 7:10am
Quoting catalin1987
laugh a little about this chart eur / usd!!by the way i'm short.
lol, very good, but mario is japanese
  • #689,312
  • Sep 7, 2012 7:11am Sep 7, 2012 7:11am
Noda and his Team might be on stand by keep close eye on yen pairs
Mohan
  • #689,313
  • Sep 7, 2012 7:15am Sep 7, 2012 7:15am
I guess from PA that there is temp stop at 1.27 now, so i would like to see it test 1.2750 region first swing, then down to test 1.27 and break and dive into piranhas at 1.2650 while resulting being ***raped it will bounce back to 1.27, then drop 1.2675 and eventually cannot recover upside....sinking down to 1.26.



More seriously. Weekly open at 1.2573.
They think they are smarter than I am.
  • #689,314
  • Sep 7, 2012 7:17am Sep 7, 2012 7:17am
Hello.

Waiting for end of wave 5 and then go short...
I am just afraid about NFP...

Price cannot bit resistance line at 1.2711...
Attached Image
  • #689,315
  • Sep 7, 2012 7:20am Sep 7, 2012 7:20am
Quoting Z3iz3i
I guess from PA that there is temp stop at 1.27 now, so i would like to see it test 1.2750 region first swing, then down to test 1.27 and break and dive into piranhas at 1.2650 while resulting being ***raped it will bounce back to 1.27, then drop 1.2675 and eventually cannot recover upside....sinking down to 1.26.



More seriously. Weekly open at 1.2573.
nice plan
  • #689,316
  • Sep 7, 2012 7:23am Sep 7, 2012 7:23am
Quoting jezek5
Don't question it,just trade it,
why do we humans always have to have a reason
as to why something happens.
its going up...buy the dips,
its going down...sell the rips.
Guess thats to simple eh?
Good post.

why do we humans always have to have a reason
as to why something happens?

I think because anxiety kicks in and a "reason" tames it. Not sure.

She went back to revisit the 2715.
"Men who can both be right and sit tight are uncommon."
  • #689,317
  • Sep 7, 2012 7:23am Sep 7, 2012 7:23am
Quoting Sonofsin5
Yes. Obama found out the numbers earlier today.

Its election time and he needs a good report. I'm trading in anticipation for a risk on day tomorrow in specific UJ which would lead into 100 giving way on the EJ.
Stops all at BE.
NFP coming up, most likely the market will zig zag after the release gunning for weak stops close to smaller time-frame stops on both sides of the market. If you have a position don't get shaken out early. This is no time to "scalp" which isnt a good idea in any market to begin with.
  • #689,318
  • Sep 7, 2012 7:23am Sep 7, 2012 7:23am
let's put some opinions about nfp.i think 156k
  • #689,319
  • Sep 7, 2012 7:23am Sep 7, 2012 7:23am
Quoting Emilpl
Hello.

Waiting for end of wave 5 and then go short...
I am just afraid about NFP...
dont be afraid it, just sit on sidelines watch the circus, wait dust settle, then back to business, is cheaper and just as exciting

most retailers who is try gamble will lose, of course everyone here will be big winners
If you are new to Forex? Say Goodbye to your account!!
  • #689,320
  • Sep 7, 2012 7:24am Sep 7, 2012 7:24am
It's annoying that Canada always releases their pointless data that no one cares about at the same time.

It's distracting.
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