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EURUSD

  • #705,401
  • Oct 10, 2012 3:50pm Oct 10, 2012 3:50pm
creeping closer and closer to the 200-dma....
  • #705,402
  • Oct 10, 2012 3:51pm Oct 10, 2012 3:51pm
big guys plaing now... hehe, nothing for the long play
  • #705,403
  • Oct 10, 2012 3:55pm Oct 10, 2012 3:55pm
odds of going higher before putting in LH or even wiping out 2835 completely are VERY VERY slim when divergence is inevitable liek this

no matter how high we go we will put in hidden bear, (unless we could somehow crack 2960..)
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Be hopeful in a winning position, and fearful in a losing position.
  • #705,404
  • Oct 10, 2012 3:57pm Oct 10, 2012 3:57pm
Go euro go!
  • #705,405
  • Oct 10, 2012 4:01pm Oct 10, 2012 4:01pm
been waiting whole day for this bump down
  • #705,406
  • Oct 10, 2012 4:02pm Oct 10, 2012 4:02pm
As I wrote in the past... euro does not reason for the good outlook...
  • #705,407
  • Oct 10, 2012 4:03pm Oct 10, 2012 4:03pm
Quoting Magicmen
I am new to Forex and to this forum. I was listening to your conversations and few times posted my comments. One quick question
Does anyone in this forum profited from Forex?
I do
Even the worst trade can close with profit. Just give it time.
  • #705,408
  • Oct 10, 2012 4:04pm Oct 10, 2012 4:04pm
Quoting fxsr
been waiting whole day for this bump down
Yeah, was creeping up infuriatingly for the whole day and then boom, the rating cut of Spain.
  • #705,409
  • Oct 10, 2012 4:09pm Oct 10, 2012 4:09pm
shorters what are you targeting?

Are we beaking through 85 clean or do we bounce, I wonder
  • #705,410
  • Oct 10, 2012 4:11pm Oct 10, 2012 4:11pm
Quoting CoolJL
Yeah, was creeping up infuriatingly for the whole day and then boom, the rating cut of Spain.
yes, NY moves it with any resemblance of logic only when there's news.. otherwise it ranges it within 20 pips with the customary random spikes.. The NY session is the worst for trading..

Then you've got the "better fuck me in the ass" trade.. You get in and it starts creeping one way (opposite than yours) and while it drains your account it continuously fakes the turn in your direction.. LOL.
  • #705,411
  • Oct 10, 2012 4:12pm Oct 10, 2012 4:12pm
Quoting Mr.Kruger
shorters what are you targeting?

Are we beaking through 85 clean or do we bounce, I wonder
already took my profit (daily target 20pips, keeping to my plan)
  • #705,412
  • Oct 10, 2012 4:13pm Oct 10, 2012 4:13pm
Quoting John Gray
I do
Yes me too :-)
  • #705,413
  • Oct 10, 2012 4:13pm Oct 10, 2012 4:13pm
StopGuessing
Multiple Usernames

was reading his thread & the name was like this when hit the refresh
can somebody tell me what does this mean
thanks
A good trader follows his rules, but great trader knows when to break them
  • #705,414
  • Oct 10, 2012 4:15pm Oct 10, 2012 4:15pm
Quoting fxsr
already took my profit (daily target 20pips, keeping to my plan)
How much did you risk for those 20 pips? I feel like you have a high opportunity cost.
  • #705,415
  • Oct 10, 2012 4:16pm Oct 10, 2012 4:16pm
Let it test european session lows first....but it should head back up to test 1,2925 before diving or breaking up.
Same scenario when it bounced multiple times at 1,304x area.

Time will tell.....but bears in charge for 1,271x
COT: The precious data ignored
  • #705,416
  • Oct 10, 2012 4:16pm Oct 10, 2012 4:16pm
Quoting ill_be_back
StopGuessing
Multiple Usernames

was reading his thread & the name was like this when hit the refresh
can somebody tell me what does this mean
thanks
they banned StopGuessing??? damn...he was fun to read (
  • #705,417
  • Oct 10, 2012 4:18pm Oct 10, 2012 4:18pm
Quoting fr600
How much did you risk for those 20 pips? I feel like you have a high opportunity cost.
I always risk 3% per trade no more. Opened with 0,5lot, so do the calculation
  • #705,418
  • Oct 10, 2012 4:21pm Oct 10, 2012 4:21pm
Quoting attila
Then you've got the "better fuck me in the ass" trade.. You get in and it starts creeping one way (opposite than yours) and while it drains your account it continuously fakes the turn in your direction.. LOL.

Been there few times...
  • #705,419
  • Oct 10, 2012 4:23pm Oct 10, 2012 4:23pm
Quoting fxsr
I always risk 3% per trade no more. Opened with 0,5lot, so do the calculation
Ohh ok, as long as your expected is higher than your expected loss.
  • #705,420
  • Oct 10, 2012 4:25pm Oct 10, 2012 4:25pm
Quoting Mr.Kruger
shorters what are you targeting?

Are we beaking through 85 clean or do we bounce, I wonder
It will probably range, it may creep down to todays low (I'm hoping), until Asia opens.

I was hoping it will test 1.2800 today but didn't happen, bounced on the rising trend line on daily chart.

Tomorrow's G7, what are we expecting?
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