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EURUSD

  • #706,161
  • Oct 11, 2012 8:28pm Oct 11, 2012 8:28pm
Quoting mohan76
looks asia trying to get some stops sitting above 50
Ah, that explains it. Thanks.
Time turns trend. - W.D. Gann
  • #706,162
  • Oct 11, 2012 8:31pm Oct 11, 2012 8:31pm
Quoting divak
it suddenly wants to climb...?
anyone knows why?
1.3000 is pussy of EurUsd, everyone wants to pound on.
The Thief of Wall Street
  • #706,163
  • Oct 11, 2012 8:32pm Oct 11, 2012 8:32pm
Quoting ForExtraPips
Ah, that explains it. Thanks.
at the same time barrier @ 45/50 quite strong
Mohan
  • #706,164
  • Oct 11, 2012 8:34pm Oct 11, 2012 8:34pm
Quoting mohan76
at the same time barrier @ 45/50 quite strong
Yep. Waiting to see if it will close above or below 43 on the H1 before deciding to short.
Time turns trend. - W.D. Gann
  • #706,165
  • Oct 11, 2012 9:07pm Oct 11, 2012 9:07pm
short @ 1.2938
sl @ 1.2947
tp @ 1.2870
Time turns trend. - W.D. Gann
  • #706,166
  • Oct 11, 2012 9:08pm Oct 11, 2012 9:08pm
I would be pretty scared to short the EUR/USD right now.

My strategy is to buy dips.

I also think 1.3000+ is the psychological level everyone is pushing for. Just based on price action and watching the charts.

I don't read the news.
  • #706,167
  • Oct 11, 2012 9:34pm Oct 11, 2012 9:34pm
thats some tight SL
  • #706,168
  • Oct 11, 2012 9:40pm Oct 11, 2012 9:40pm
Quoting lcuki
thats some tight SL
Yep. If it's not tight and I'm not right, it'll end up making this a really bad night.
Time turns trend. - W.D. Gann
  • #706,169
  • Oct 11, 2012 9:42pm Oct 11, 2012 9:42pm
Well I stand corrected, look at the Short working out.
  • #706,170
  • Oct 11, 2012 10:02pm Oct 11, 2012 10:02pm
Quoting QuantumLimit
I would be pretty scared to short the EUR/USD right now.

My strategy is to buy dips.

I also think 1.3000+ is the psychological level everyone is pushing for. Just based on price action and watching the charts.

I don't read the news.
Good strategy. That's what I'm doing. Buying the dips. But since I'm a part time trader. I'll scalp after work, if I see something, like now. Then put my set and forget in for the buy limit dip. GL
Time turns trend. - W.D. Gann
  • #706,171
  • Oct 11, 2012 10:04pm Oct 11, 2012 10:04pm
Quoting ForExtraPips
Good strategy. That's what I'm doing. Buying the dips. But since I'm a part time trader. I'll scalp after work, if I see something, like now. Then put my set and forget in for the buy limit dip. GL
Thanks, I ended up shadowing your short here on the eur/usd and the eur/jpy with a similar short.

I'm new, but my first lesson was "ditch the news" and watch the charts.
  • #706,172
  • Oct 11, 2012 10:06pm Oct 11, 2012 10:06pm
Quoting ForExtraPips
Good strategy. That's what I'm doing. Buying the dips. But since I'm a part time trader. I'll scalp after work, if I see something, like now. Then put my set and forget in for the buy limit dip. GL
It would have been jackpot for you, if you shorted AUD/USD. The bear is stronger in this one during asian session.
  • #706,173
  • Oct 11, 2012 10:09pm Oct 11, 2012 10:09pm
Quoting NoobInFX
It would have been jackpot for you, if you shorted AUD/USD. The bear is stronger in this one during asian session.
Oh, me did. Last night, before bed. Nice pips going on there.
Time turns trend. - W.D. Gann
  • #706,174
  • Oct 11, 2012 10:11pm Oct 11, 2012 10:11pm
2924 will be a bit stubborn
  • #706,175
  • Oct 11, 2012 10:12pm Oct 11, 2012 10:12pm
Now price bouncing off the 200ema on the H1.
Time turns trend. - W.D. Gann
  • #706,176
  • Oct 11, 2012 10:13pm Oct 11, 2012 10:13pm
Quoting SnaveForex
2924 will be a bit stubborn
Yep. That number and 1.2900 are what I'm worried about.
Time turns trend. - W.D. Gann
  • #706,177
  • Oct 11, 2012 10:13pm Oct 11, 2012 10:13pm
Quoting SnaveForex
2924 will be a bit stubborn
2908 290o may give a bounce to continue higher...
  • #706,178
  • Oct 11, 2012 10:15pm Oct 11, 2012 10:15pm
Quoting SnaveForex
2908 290o may give a bounce to continue higher...
That's why I'm thinking about putting my tp @ that number instead of my original target. Bounce off the DP.
Time turns trend. - W.D. Gann
  • #706,179
  • Oct 11, 2012 10:19pm Oct 11, 2012 10:19pm
Quoting ForExtraPips
That's why I'm thinking about putting my tp @ that number instead of my original target. Bounce off the DP.
truncation according to EW if 2922 is taken door will be open till 2900... slightly bullish but london will proven else will hold
  • #706,180
  • Oct 11, 2012 10:22pm Oct 11, 2012 10:22pm
Quoting SnaveForex
truncation according to EW if 2922 is taken door will be open till 2900... slightly bullish but london will proven else will hold
Yeap, because at 2922 theres a trendline support. If broken, will head to next support at 2905
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