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EURUSD

  • #689,341
  • Sep 7, 2012 7:43am Sep 7, 2012 7:43am
Needs to go to 57/58.....then it will drop.

EDIT: Or break through which would be pretty weird.
They think they are smarter than I am.
  • #689,342
  • Sep 7, 2012 7:45am Sep 7, 2012 7:45am
so interesting eur/jpy down eur/usd go up
  • #689,343
  • Sep 7, 2012 7:46am Sep 7, 2012 7:46am
Quoting Z3iz3i
Needs to go to 57/58.....then it will drop.

EDIT: Or break through which would be pretty weird.
Those are pretty much the two ways that any price could go ... at any time.
  • #689,344
  • Sep 7, 2012 7:46am Sep 7, 2012 7:46am
Short @ 1.2748
SL @ 1.2765
  • #689,345
  • Sep 7, 2012 7:46am Sep 7, 2012 7:46am
Quoting jezek5
With respect.
Just because you can't scalp doesn't mean
someone else can't,there are so many ways to make
money in the market.
Find me a a trader then, I'm not talking about a 1-2 year retail rookie either.
You wont.
Go into any hedge fund or institution and try scalping, you will last about 30 second before you are shown the door. Why? Because in the end you will fail.
  • #689,346
  • Sep 7, 2012 7:48am Sep 7, 2012 7:48am
Keep shorting guys. "Eventually" you'll catch a top. Eventually.
  • #689,347
  • Sep 7, 2012 7:48am Sep 7, 2012 7:48am
Quoting Sonofsin5
Find me a a trader then, I'm not talking about a 1-2 year retail rookie either.
You wont.
Go into any hedge fund or institution and try scalping, you will last about 30 second before you are shown the door. Why? Because in the end you will fail.
bit like piptrapper and his band of merry men
student
  • #689,348
  • Sep 7, 2012 7:48am Sep 7, 2012 7:48am
So glad I put in that hedging order for 6.5 lots. SL protected. I'm still solvent. Still standing. Euro can go either way now; I'm ready.
Offering $1.50 (21%)/RTL Commission Discounts at IC Markets & Global Prime
  • #689,349
  • Sep 7, 2012 7:49am Sep 7, 2012 7:49am
Quoting klinckphilip
Short-
2616
2600
2600
2603

Target-
2450 or so.

Stop above 2640
Stopped out at 2649.

Looking for another short around 2820
  • #689,350
  • Sep 7, 2012 7:50am Sep 7, 2012 7:50am
Quoting jezek5
2755 looks like the target,if there is enough stops
just above 2700 we could get there pretty fast.
2755 reached.

Please let me a bit of BS, it is Friday.

This is a weekly chart, technicality (whatever it means), she need to deal with two DTL, the first one is around 1.30 (first arrow) and 1.38 (second) which is a significant fibo number.
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"Men who can both be right and sit tight are uncommon."
  • #689,351
  • Sep 7, 2012 7:50am Sep 7, 2012 7:50am
These NFP numbers are so far off they cannot be believed anymore. Each month has gotten more and more ridiculous.
  • #689,352
  • Sep 7, 2012 7:51am Sep 7, 2012 7:51am
Stopped out at 2770... next orders would be at 2795-2800 SL 2840
There is nothing in the Universe but mathematical points of force.
  • #689,353
  • Sep 7, 2012 7:53am Sep 7, 2012 7:53am
Quoting kibescorp
EUR/USD going up, USD/JPY going down, dollar taking a beating.

I would expect the ridiculous unemployment rate to limit this move. Because a 0.2% change for the better on a worse-than-expected NFEC number smells like bullshit.
What it most likely means is that people stopped looking for work. The rate is deceptive because it only include those actively seeking for work.
  • #689,354
  • Sep 7, 2012 7:54am Sep 7, 2012 7:54am
Quoting Mike8
2755 reached.

Please let me a bit of BS, it is Friday.

This is a weekly chart, technicality (whatever it means), she need to deal with two DTL, the first one is around 1.30 (first arrow) and 1.38 (second) which is a significant fibo number.
Hey Mike! Welcome back.
  • #689,355
  • Edited 7:57am Sep 7, 2012 7:55am | Edited 7:57am
I set a Sell stop at 1.2750 !
And a Sell Limit at 1.2823
Think Different
  • #689,356
  • Sep 7, 2012 7:57am Sep 7, 2012 7:57am
Was going to short 1.28 but now not so confident, :S
  • #689,357
  • Sep 7, 2012 7:57am Sep 7, 2012 7:57am
Quoting pip_trader
What it most likely means is that people stopped looking for work. The rate is deceptive because it only include those actively seeking for work.

you are exactly right. But that means the numbers are worthless if you DO NOT count those that stopped looking for work. They are still unemployed.

Most estimates are the REAL ue rate is in the 11-12% range.
  • #689,358
  • Sep 7, 2012 7:57am Sep 7, 2012 7:57am
Quoting Sonofsin5
Find me a a trader then, I'm not talking about a 1-2 year retail rookie either.
You wont.
Go into any hedge fund or institution and try scalping, you will last about 30 second before you are shown the door. Why? Because in the end you will fail.

OK you know it all,i've been on a prop floor in London
where over 50% were scalpers taking between 10 and 30 pips
per trade day in day out,what do i know though.
You can remain irrational longer than you can remain solvent.
  • #689,359
  • Sep 7, 2012 7:57am Sep 7, 2012 7:57am
It would be interesting to reach 1.27950 and don't drop ....
"It's the Margin, Stupid."
  • #689,360
  • Sep 7, 2012 7:59am Sep 7, 2012 7:59am
Quoting jezek5
OK you know it all,i've been on a prop floor in London
where over 50% were scalpers taking between 10 and 30 pips
per trade day in day out,what do i know though.
Not on a retail platform and not anymore!!
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