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Trading EURUSD only

  • #861
  • Oct 12, 2012 5:37am Oct 12, 2012 5:37am
lack of momentum

Quoting stevewalker
a better momentum up would be appriciated.
  • #862
  • Oct 12, 2012 5:39am Oct 12, 2012 5:39am
Quoting stevewalker
then it may go all the way down 2947
Weekly pivot at 2963 giving some support.

Edit: Long at 2965 with a tight stop. That downmove looked pretty strong...

Out with +3. Some resistance above. May be too soon. I suck at exits........
  • #863
  • Oct 12, 2012 5:41am Oct 12, 2012 5:41am
Quoting thodie
unfortunatly i have placed no long
I like your 1.3012 trendline restistance on chart for TP. A sell-off could ensue around 11AM ET for Euro trader longs not holding into weekend, sooner if PPI bad. IMO
"My 2 cents"
  • #864
  • Oct 12, 2012 5:41am Oct 12, 2012 5:41am
this is situation like " dont do this at home"

there is strong support below.
if it fails I can rescue it with little bigger size price average.

but that can join game only if there is "strong support below."!!!

Quoting stevewalker
lack of momentum
  • #865
  • Oct 12, 2012 5:42am Oct 12, 2012 5:42am
if 15 M close around 2972 it will go down
  • #866
  • Oct 12, 2012 5:42am Oct 12, 2012 5:42am
I hope 15 M close around 2962

Quoting stevewalker
if 15 M close around 2972 it will go down
  • #867
  • Oct 12, 2012 5:44am Oct 12, 2012 5:44am
2963 is my 1 H diagonal atm
Quoting Whistlepips
Weekly pivot at 2963 giving some support.

Edit: Long at 2965 with a tight stop. That downmove looked pretty strong...
  • #868
  • Oct 12, 2012 5:44am Oct 12, 2012 5:44am
yes this morning
How are you walker? everything allright?

after the S&P downgrade of spain...

Here is a acutal houseprice index of spain heading to the south!

http://www.querschuesse.de/spanien-i...mber-sudwarts/

not even a bull sign.
just do it
  • #869
  • Oct 12, 2012 5:45am Oct 12, 2012 5:45am
not good hope I am wrong

Quoting stevewalker
if 15 M close around 2972 it will go down
  • #870
  • Oct 12, 2012 5:47am Oct 12, 2012 5:47am
fine thank you
spain messed up

Quoting thodie
yes this morning
How are you walker? everything allright?

after the S&P downgrade of spain...

Here is a acutal houseprice index of spain heading to the south!

http://www.querschuesse.de/spanien-i...mber-sudwarts/

not even a bull sign.
  • #871
  • Oct 12, 2012 5:48am Oct 12, 2012 5:48am
Merkel
  • #872
  • Oct 12, 2012 5:53am Oct 12, 2012 5:53am
1.2957 5m soft support.

1.2947 50% fib retracement support.

If it closes below 1.2947 i will exit long asap.
"My 2 cents"
  • #873
  • Oct 12, 2012 5:54am Oct 12, 2012 5:54am
M5 HH & HL and still it looks bearish at the moment....
  • #874
  • Oct 12, 2012 5:56am Oct 12, 2012 5:56am
current outlook
Attached Image (click to enlarge)
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  • #875
  • Oct 12, 2012 6:02am Oct 12, 2012 6:02am
we are in expect the best section
  • #876
  • Oct 12, 2012 6:03am Oct 12, 2012 6:03am
I will not sweat some small pullback prior to news.
"My 2 cents"
  • #877
  • Oct 12, 2012 6:03am Oct 12, 2012 6:03am
Any comments on this setup?
Attached Image (click to enlarge)
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  • #878
  • Oct 12, 2012 6:06am Oct 12, 2012 6:06am
it is supporting my trade . I like it .

honestly it is a good point of view.

end of narrowing zone will make a desecion.

I advise you to draw horizantal at %50 level of narrowing zone then post again if you dont mind.

will tell you something

Quoting mok1one
Any comments on this setup?
  • #879
  • Oct 12, 2012 6:06am Oct 12, 2012 6:06am
Quoting mok1one
Any comments on this setup?
I think the key is whether 2960 holds or not. It sure is trying hard to get under it, but we will see...

Edit: Im flat...
  • #880
  • Oct 12, 2012 6:09am Oct 12, 2012 6:09am
tested low of last closed bar . this is odd.

Quoting stevewalker
if 15 M close around 2972 it will go down
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