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EURUSD

  • #691,341
  • Sep 13, 2012 1:41am Sep 13, 2012 1:41am
mean while 1.2970 is in the books
  • #691,342
  • Sep 13, 2012 1:48am Sep 13, 2012 1:48am
Fed seen launching fresh stimulus, details in question
http://www.reuters.com/article/2012/...88C04T20120913


Quote
Breaking News: Yemeni demonstrators storm the U.S. embassy in Sanaa, security forces open fire: witnesses
Mohan
  • #691,343
  • Sep 13, 2012 1:50am Sep 13, 2012 1:50am
Quoting MaxDoom
taken a couple of longs @ 12 & 16

SL now @ 16

targets dynamic will watch for failure toward 2930

closed the 12 entry for +14
  • #691,344
  • Sep 13, 2012 1:54am Sep 13, 2012 1:54am
Quoting MaxDoom
closed the 12 entry for +14
Max since when u started trading for 14 pips. per pip profit?
  • #691,345
  • Sep 13, 2012 1:59am Sep 13, 2012 1:59am
Quoting Mike8
Went short in my first trade, then I felt like a trapped bear and I covered, went long with three lots: -5, +12, +11, +7.

Those trade are made on feeling the pulse of the PA and not any TA are taken in consideration.
it will be ranging now like max said between 1.29000 and 1.2930 so play for 30 pips and enjoy. 1.2935 is an imp level to cross. fibonacci I guess. so robots will come and play their part at that level
  • #691,346
  • Sep 13, 2012 2:04am Sep 13, 2012 2:04am
Quoting Nachiket
it will be ranging now like max said between 1.29000 and 1.2930 so play for 30 pips and enjoy. 1.2935 is an imp level to cross. fibonacci I guess. so robots will come and play their part at that level
I think you are right (I got 2908-2928) , I feel a bit sleepy tough. I think I will have a rest from trading and just read what you guys are up to.
"Men who can both be right and sit tight are uncommon."
  • #691,347
  • Sep 13, 2012 2:07am Sep 13, 2012 2:07am
Qeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
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  • #691,348
  • Sep 13, 2012 2:10am Sep 13, 2012 2:10am
At the moment,i got 5 shorts on eur/usd..the first one is at 1.2440 and the last one is at 1.2816..do you guys think i should add another shorts or kill all the position???..
  • #691,349
  • Sep 13, 2012 2:11am Sep 13, 2012 2:11am
Quoting Kaizen FX
At the moment,i got 5 shorts on eur/usd..the first one is at 1.2440 and the last one is at 1.2816..do you guys think i should add another shorts or kill all the position???..
If you ask do not take any trades.
"Men who can both be right and sit tight are uncommon."
  • #691,350
  • Sep 13, 2012 2:14am Sep 13, 2012 2:14am
EU bull beetter be careful for a bit
If you are new to Forex? Say Goodbye to your account!!
  • #691,351
  • Sep 13, 2012 2:14am Sep 13, 2012 2:14am
I will bear the euro today. was waiting from monday and i think that its time to bear it and take 50-150 pips of profit.

i will bear it when the FED meeting will start.

short 2900 TP 2800 if very strong down trend then TP 2700.
  • #691,352
  • Sep 13, 2012 2:16am Sep 13, 2012 2:16am
Quoting Trader88q
I will bear the euro today. was waiting from monday and i think that its time to bear it and take 50-150 pips of profit.

i will bear it when the FED meeting will start.

short 2900 TP 2800 if very strong down trend then TP 2700.
Thinking its a reversal then are we?
Even the worst trade can close with profit. Just give it time.
  • #691,353
  • Sep 13, 2012 2:16am Sep 13, 2012 2:16am
i was waiting all week for good entry. but charts didnt not provide me so.
the FED is the final point that keep euro at that high level due to QE3.
when FED didnt provide QE3 then all the bulls will start to take profit by closing they positions.

the panic in the market will appear and more bulls will close they positions.

so i think today or tomorow euro will back to 2700.
  • #691,354
  • Sep 13, 2012 2:19am Sep 13, 2012 2:19am
Quoting Mike8
If you ask do not take any trades.
cold answer..
  • #691,355
  • Sep 13, 2012 2:22am Sep 13, 2012 2:22am
Quoting Kaizen FX
cold answer..
Just honest.
"Men who can both be right and sit tight are uncommon."
  • #691,356
  • Sep 13, 2012 2:23am Sep 13, 2012 2:23am
Why euro should back down?

1. Technically its overbougth.
2. No qe3
3. The expectation of ECB, and german court is past away.
4. New oposite impression may appear.

so today is very big % that euro will go down.

and

5. spain and italy 10Y bonds are rising.
  • #691,357
  • Sep 13, 2012 2:25am Sep 13, 2012 2:25am
It has gotten to the stage where the EU is pumped far too high to take any long positions, in my opinion.

I have been shorting on the way up waiting for this reversal.

Quoting Trader88q
i was waiting all week for good entry. but charts didnt not provide me so.
the FED is the final point that keep euro at that high level due to QE3.
when FED didnt provide QE3 then all the bulls will start to take profit by closing they positions.

the panic in the market will appear and more bulls will close they positions.

so i think today or tomorow euro will back to 2700.
Even the worst trade can close with profit. Just give it time.
  • #691,358
  • Sep 13, 2012 2:25am Sep 13, 2012 2:25am
Quoting Trader88q
I will bear the euro today. was waiting from monday and i think that its time to bear it and take 50-150 pips of profit.

i will bear it when the FED meeting will start.

short 2900 TP 2800 if very strong down trend then TP 2700.
Think it would be hard for the bear to perform , the bullish move still strong
  • #691,359
  • Sep 13, 2012 2:28am Sep 13, 2012 2:28am
Quoting comeinvest
Think it would be hard for the bear to perform , the bullish move still strong
the bullish move appeared from ECB monetary action. that move continues about 6 weeks non stop. another strong expactation of QE3 appeared at level 2630. so i think those QE3 fans today will be very dissapointed.
  • #691,360
  • Sep 13, 2012 2:28am Sep 13, 2012 2:28am
Quoting SnaveForex
mean while 1.2970 is in the books
what kind of books! ebooks or books...
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