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EURUSD

  • #690,701
  • Sep 11, 2012 5:33pm Sep 11, 2012 5:33pm
Quoting SunTrader
Do the math, it is about 750 pips higher or just a little less than the move so far off the bottom from almost two months ago.

So if you have two months of trading time to spare and tie up trading funds that long then yes I guess you could say it is not that far away.
Of course , it needs time

BTW : Why you stopped posting your Charts ?
"It's the Margin, Stupid."
  • #690,702
  • Sep 11, 2012 6:25pm Sep 11, 2012 6:25pm
Get ready to see the EURO at 1.3502,....!
Benjamin Franklin makes the world go round...:nerd:
  • #690,703
  • Sep 11, 2012 7:16pm Sep 11, 2012 7:16pm
Quoting USDBuddha
Get ready to see the EURO at 1.3502,....!
Dont you mean parity!
Even the worst trade can close with profit. Just give it time.
  • #690,704
  • Sep 11, 2012 7:17pm Sep 11, 2012 7:17pm
Nice Summary from dailyfx.com by David Rodriguez.

Pros in favor of Euro/US Dollar short position:


Euro is likely to consolidate and less likely to break significantly higher ahead of critical ESM vote

US S&P 500 may have found key resistance, favoring pullback in correlated EURUSD

Yesterday’s Euro/US Dollar inside day was reminiscent of the October, 2011 top


Cons against Euro/US Dollar short position:


Euro rally likely a function of short-covering, could continue as traders limit risk ahead of ESM vote

Dow Jones FXCM Dollar Index takes a beating and the Euro eyes $1.2904
Retail trading crowds heavily net-short EURUSD, contrarian buy signal
Even the worst trade can close with profit. Just give it time.
  • #690,705
  • Sep 11, 2012 7:37pm Sep 11, 2012 7:37pm
yesterday high near Jan 2011 low...
if not hold most likely see 1.3
Patience, Emotion Control and Discipline.
  • #690,706
  • Sep 11, 2012 7:43pm Sep 11, 2012 7:43pm
Quoting John Gray
Nice Summary from dailyfx.com by David Rodriguez.

Pros in favor of Euro/US Dollar short position:


Euro is likely to consolidate and less likely to break significantly higher ahead of critical ESM vote

[url="http://www.dailyfx.com/forex/technical/article/cross-market_technical_update/2012/09/11/SP_500_May_Have_Found_Key_Resistance_While_Gold_Still_Points_Higher.html"][u]US...
momentum is long for now. crowds have been heavily short all the way up here, they're mostly wrong but always right when the big moves come... IMHO we need to wait for confirmation before shorting here. it might be a good time to take a long a few hours after london opens.
  • #690,707
  • Sep 11, 2012 7:47pm Sep 11, 2012 7:47pm
Quoting johncen
yesterday high near Jan 2011 low...
if not hold most likely see 1.3
Morning John, are you in?
"Men who can both be right and sit tight are uncommon."
  • #690,708
  • Sep 11, 2012 7:47pm Sep 11, 2012 7:47pm
Anyone know at what time the court ruling is due?
  • #690,709
  • Sep 11, 2012 7:51pm Sep 11, 2012 7:51pm
good morning peoples, where are the bears hiding, ??? im watching aussie and kiwi still, like a hawk not much interested any euro pair today until after 8pm
If you are new to Forex? Say Goodbye to your account!!
  • #690,710
  • Sep 11, 2012 7:52pm Sep 11, 2012 7:52pm
Help. I'm stuck. I can't go any further north.
Attached Image (click to enlarge)
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Time turns trend. - W.D. Gann
  • #690,711
  • Sep 11, 2012 7:54pm Sep 11, 2012 7:54pm
Quoting Mike8
Morning John, are you in?
sorry I am with my kiwi bro...

waiting for bear to wake up a bit...

now stay sideline...
Patience, Emotion Control and Discipline.
  • #690,712
  • Sep 11, 2012 7:55pm Sep 11, 2012 7:55pm
Quoting ForExtraPips
Help. I'm stuck. I can't go any further north.
lol
  • #690,713
  • Sep 11, 2012 7:57pm Sep 11, 2012 7:57pm
Quoting DasPips
Anyone know at what time the court ruling is due?
u may check ff calender for your local time...
Patience, Emotion Control and Discipline.
  • #690,714
  • Sep 11, 2012 7:58pm Sep 11, 2012 7:58pm
Quoting KiwiTrada
good morning peoples, where are the bears hiding, ??? im watching aussie and kiwi still, like a hawk not much interested any euro pair today until after 8pm
yes bro....
time to wake the beast up...

or time for me to take another long nap
Patience, Emotion Control and Discipline.
  • #690,715
  • Sep 11, 2012 7:59pm Sep 11, 2012 7:59pm
Quoting johncen
u may check ff calender for your local time...
The fack.. swear it said tentative earlier. thanks.
  • #690,716
  • Sep 11, 2012 7:59pm Sep 11, 2012 7:59pm
Quoting johncen
sorry I am with my kiwi bro...

waiting for bear to wake up a bit...

now stay sideline...
I was just looking at it, this is a weekly, she go to a very significant point, the last time she got there she did not go down much but she did (300 pips).

Maybe Kiwi can give us also his view also.
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"Men who can both be right and sit tight are uncommon."
  • #690,717
  • Sep 11, 2012 8:00pm Sep 11, 2012 8:00pm
Quoting kibescorp
http://www.forexfactory.com/attachme...6&d=1347373548

Here's the stupid screenshot YOU posted.

Your biggest "win" today was 3 pips.

Each time you actually used a stop loss, you were stopped out. And apparently two 5-pip losses will put you deep in the negative for the day.

What exactly are you advertising ... how you're basically begging your broker to screw you up the ass with your utter lack of common...
What you failed to understand is even if I am losing 3 points or even 5. The reality is using multiple accounts to protect the open order is perfect money management. Especially considering the fact I am on such large leverage. As for Debt. Why would I be in debt? I risk the money which I can offered to lose. This isnt like the stock market where your leverage has to come out of pocket should you hit a margin call. Its clear to see your pessimistic attitude towards scalping is fueled by your lack there of. I have yet to see any transaction on your behalf. Are you still in demo? More then likely you are. Yet if you simply look at my entries, even on the losing trades perhapse you can learn something. 210% in one day is more then you will ever be in profit in your forex career. Put your money where you mouth is and lets escrow. Can you pull off even 100% profit in one trading session, since you mentioned gainning 2 to 3 pips is so easy.
He who guess is LOST!
  • #690,718
  • Sep 11, 2012 8:03pm Sep 11, 2012 8:03pm
Quoting DasPips
The fack.. swear it said tentative earlier. thanks.
no worries...
better fasten seat belt...

but I think Ben will move the market again...
Patience, Emotion Control and Discipline.
  • #690,719
  • Sep 11, 2012 8:03pm Sep 11, 2012 8:03pm
Quoting DasPips
Anyone know at what time the court ruling is due?
4am local or 10am ET my zone. Check calendar tab for important events.
  • #690,720
  • Sep 11, 2012 8:04pm Sep 11, 2012 8:04pm
Quoting Vachus
Of course , it needs time

BTW : Why you stopped posting your Charts ?
Too busy following markets with so much going on lately.

Didn't think anyone but Almo cared though.
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