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EURUSD

  • #691,841
  • Sep 13, 2012 12:03pm Sep 13, 2012 12:03pm
Quoting mohan76
so 1h left for nyse close ?
yes
New voice message: Why are you calling me? If I need you, I'll call you!
  • #691,842
  • Sep 13, 2012 12:04pm Sep 13, 2012 12:04pm
taken on the line itself, stop at be now, and ignored.hour 1 chart.

expect a retrace towards 61 first, before earlier high at 30/40.

but things are getting slow..
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  • #691,843
  • Sep 13, 2012 12:05pm Sep 13, 2012 12:05pm
Got UCAD right at the bottom

0.9670 long
New voice message: Why are you calling me? If I need you, I'll call you!
  • #691,844
  • Sep 13, 2012 12:06pm Sep 13, 2012 12:06pm
Quoting StopGuessing
Started today with 25 dollars, now I have 172 bucks in this little baby account. Almost 800% profit... Learn how to scalp guys. You wont regret it!
Can you kindly tell me trading system or strategy you use ??

Thanks in advance
  • #691,845
  • Sep 13, 2012 12:07pm Sep 13, 2012 12:07pm
bloomy saying QE- infinity
Mohan
  • #691,846
  • Sep 13, 2012 12:07pm Sep 13, 2012 12:07pm
The way she is acting, it looks like the top of the Reaction in a very long Downward Move.
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  • #691,847
  • Sep 13, 2012 12:08pm Sep 13, 2012 12:08pm
Quoting forex_J
All negative news regarding Euro is completely ignored these days just because that's not the big boys want.... what a joke...
what negative news have we had in the past month? high court was extremely positive news

what about positive news for U.S. any of that?

remember that EU news can easily be dwarfed by US news (if no problems with the EZ though we would already be at 1.35)
Be hopeful in a winning position, and fearful in a losing position.
  • #691,848
  • Sep 13, 2012 12:12pm Sep 13, 2012 12:12pm
Quoting KillerWhale
Got UCAD right at the bottom

0.9670 long
are u sure thts going to be the bottom... the chart looks really bleak... hope its the bottom... but chart suggest much more downside... unless u r just scalping
  • #691,849
  • Sep 13, 2012 12:12pm Sep 13, 2012 12:12pm
Quoting almo
I'm already short at 91. We're due for a nice fall (80 pips or better).
I agree. Short target hit at 1.3000 (holding prior @ 1.298). Looks too extended. Looking for breakeven/small profit.
  • #691,850
  • Sep 13, 2012 12:13pm Sep 13, 2012 12:13pm
Quoting todstars2
The way she is acting, it looks like the top of the Reaction in a very long Downward Move.
we have returned to a good resistance level on daily chart, which was support turns resistance on that level . it is also the break on that support after it bounced 3 times consolidating that path 1.30-1.34, the 4th time then it finally went down. It also retraced back from 1.20 up to the place it starts to fall 100%?

its hard to imagine when this eur is going if it closes above 1.30.
  • #691,851
  • Sep 13, 2012 12:14pm Sep 13, 2012 12:14pm
Quoting B_Prasad
are u sure thts going to be the bottom... the chart looks really bleak... hope its the bottom... but chart suggest much more downside... unless u r just scalping
with the fed printing more dollars it will likely continue its downward move.
  • #691,852
  • Sep 13, 2012 12:17pm Sep 13, 2012 12:17pm
Quoting 5percent
we have returned to a good resistance level on daily chart, which was support turns resistance on that level . it is also the break on that support after it bounced 3 times consolidating that path 1.30-1.34, the 4th time then it finally went down. It also retraced back from 1.20 up to the place it starts to fall 100%?

its hard to imagine when this eur is going if it closes above 1.30.
Im selling more if it keeps banging on 1.30
  • #691,853
  • Sep 13, 2012 12:17pm Sep 13, 2012 12:17pm
1.30 is double monthly resistance, it SHOULD contain the move for ntoday
Be hopeful in a winning position, and fearful in a losing position.
  • #691,854
  • Sep 13, 2012 12:18pm Sep 13, 2012 12:18pm
my overall sentiment is that the market gets something, but it's not what they expected.
It's not a QE like before, no big amount said, kind of a pragmatic behavior, but leaves market in obscurity as to how much will be effectively bought...

I expect a retrace to 1.2850.
  • #691,855
  • Sep 13, 2012 12:18pm Sep 13, 2012 12:18pm
Quoting KillerWhale
Got UCAD right at the bottom

0.9670 long
That is not even close to a bottom unless you are scalping on a short time frame.
  • #691,856
  • Sep 13, 2012 12:19pm Sep 13, 2012 12:19pm
Quoting B_Prasad
are u sure thts going to be the bottom... the chart looks really bleak... hope its the bottom... but chart suggest much more downside... unless u r just scalping
0.967 should provide some support, could see a bounce from that
  • #691,857
  • Sep 13, 2012 12:20pm Sep 13, 2012 12:20pm
You short yet?
  • #691,858
  • Sep 13, 2012 12:22pm Sep 13, 2012 12:22pm
how?
Quoting StopGuessing
Started today with 25 dollars, now I have 172 bucks in this little baby account. Almost 800% profit... Learn how to scalp guys. You wont regret it!
  • #691,859
  • Sep 13, 2012 12:25pm Sep 13, 2012 12:25pm
Quoting StopGuessing
Started today with 25 dollars, now I have 172 bucks in this little baby account. Almost 800% profit... Learn how to scalp guys. You wont regret it!
It only works because of your leverage - You'd never get anywhere being handcuffed to the leverages imposed on us over here in the US.

Just the same.....congrats to you, while it works for you.
  • #691,860
  • Sep 13, 2012 12:25pm Sep 13, 2012 12:25pm
Short from 1.300, back to 1.2733 (50% Fib level on a 30 minute chart), if it falls right back, maybe hit around 1.1000 on the daily. Fairly tite stop loss, because it could still go up to 1.3050
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