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EURUSD

  • #705,561
  • Oct 11, 2012 1:43am Oct 11, 2012 1:43am
im pretty sure it will drop to 1.2800 area today
Slow and Steady!
  • #705,562
  • Oct 11, 2012 1:48am Oct 11, 2012 1:48am
Quoting faizpakoh
im pretty sure it will drop to 1.2800 area today
its likely but not advisable to open a new position below the area coz of some facts.
forexpillariscipline & patience Trader
  • #705,563
  • Oct 11, 2012 1:54am Oct 11, 2012 1:54am
Buying dips til a retest of 1,2925-30...if bounced hard i'll look at below 1,27xx area....if broken 1,304x and most likely higher.

Gotta find a good entry now
COT: The precious data ignored
  • #705,564
  • Oct 11, 2012 1:59am Oct 11, 2012 1:59am
Quoting kuroro001
Buying dips til a retest of 1,2925-30...if bounced hard i'll look at below 1,27xx area....if broken 1,304x and most likely higher.

Gotta find a good entry now
m wd ya seems like strong bids are placed below 1.2850, it bounces everytime when goes lower.
edit: wht wud b a good entry? its not going down to 1.2830
  • #705,565
  • Oct 11, 2012 2:06am Oct 11, 2012 2:06am
Quoting HassanSheikh
m wd ya seems like strong bids are placed below 1.2850, it bounces everytime when goes lower.
edit: wht wud b a good entry? its not going down to 1.2830
A good entry would be something near yesterday's low...but only if PA agrees, i'll look for a bull setup near it if we go there.

m1 showed a lot of buyers each time we printed new lows. Will see if EU session test those buyers
COT: The precious data ignored
  • #705,566
  • Oct 11, 2012 2:18am Oct 11, 2012 2:18am
Quoting kuroro001
A good entry would be something near yesterday's low...but only if PA agrees, i'll look for a bull setup near it if we go there.

m1 showed a lot of buyers each time we printed new lows. Will see if EU session test those buyers
looks pa confused , tooked long book half , no risk on table

ps yen moving little after imf headlining
Mohan
  • #705,567
  • Oct 11, 2012 2:20am Oct 11, 2012 2:20am
closed long for +10 pips,don't want to take any risk yet
Slow and Steady!
  • #705,568
  • Oct 11, 2012 2:24am Oct 11, 2012 2:24am
Quoting faizpakoh
closed long for +10 pips,don't want to take any risk yet
you could balance risk by book half
Mohan
  • #705,569
  • Oct 11, 2012 2:24am Oct 11, 2012 2:24am
Quoting mohan76
looks pa confused , tooked long book half , no risk on table

ps yen moving little after imf headlining

more like ranging for now...i'll wait for a another dip below 40s.
This recent rise is not convincing me into going long...vol is not the way i want it...too low in my book!

But i still expect a rise towards 1,2925-30 before any new legs (up or down)
COT: The precious data ignored
  • #705,570
  • Oct 11, 2012 2:44am Oct 11, 2012 2:44am
short at 2874 stop at 2890 tp 2835

GL
Learning Requires Failure
  • #705,571
  • Oct 11, 2012 2:48am Oct 11, 2012 2:48am
1.29089 Resistance

1.28174 Support

1.29395 1.29700 Targets of bulls

1.27869 1.27563 Targets of bears
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  • #705,572
  • Oct 11, 2012 2:49am Oct 11, 2012 2:49am
so far not even 5m close above 72
bear fighting back
Mohan
  • #705,573
  • Oct 11, 2012 2:50am Oct 11, 2012 2:50am
Quoting kuroro001
A good entry would be something near yesterday's low...but only if PA agrees, i'll look for a bull setup near it if we go there.

m1 showed a lot of buyers each time we printed new lows. Will see if EU session test those buyers
m long at 1.2846. SL at BE now
  • #705,574
  • Oct 11, 2012 2:51am Oct 11, 2012 2:51am
Quoting mohan76
so far not even 5m close above 72
bear fighting back
i think it will bounce back at 1.2845 area
Slow and Steady!
  • #705,575
  • Oct 11, 2012 2:52am Oct 11, 2012 2:52am
Quoting HassanSheikh
m long at 1.2846. SL at BE now
Waiting for 1,2840 to go long if this one is not crushed

But good luck with your trade
COT: The precious data ignored
  • #705,576
  • Oct 11, 2012 2:53am Oct 11, 2012 2:53am
Quoting faizpakoh
i think it will bounce back at 1.2845 area
waiting for horly/4h to close make any judgement at this stage all ladies tapping resistant

edit : 5m showing upside rejection , still waiting for hourly
Mohan
  • #705,577
  • Oct 11, 2012 2:55am Oct 11, 2012 2:55am
Quoting KiwiTrada
EU Daily, as I say, trend is subjective to timeframe, zoom etc, like these daily and zoom in and out and trend will change, is why I like using the 200sma, if her trending up its up, trending down its down, presentluy on dailiy it is flat, effectively the last 200 candles price, is the same at start as now
So for me right now trend daiy her is flat, a coin toss zone, "but" a coin toss worth risking to get it right as the bounces from these level before (circled) have been major bull trains

The key for me is a, if the bears can make new low...
defend 74 again range 41 - 74 little pip 1st try entry 2nd try
If you are new to Forex? Say Goodbye to your account!!
  • #705,578
  • Edited 3:27am Oct 11, 2012 3:00am | Edited 3:27am
Quoting kuroro001
Waiting for 1,2840 to go long if this one is not crushed

But good luck with your trade
thanks. u too
edit: closed at 77. m having a good day
  • #705,579
  • Oct 11, 2012 3:06am Oct 11, 2012 3:06am
Spain bank ECB barrowing fallen
Mohan
  • #705,580
  • Oct 11, 2012 3:10am Oct 11, 2012 3:10am
Anybody joined me long gbp/jpy? im pretty lost now... im riding on 16 pips profit. should i take it? or go for my ultimate tp of 60 pips?
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