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EURUSD

  • #711,781
  • Oct 26, 2012 7:00am Oct 26, 2012 7:00am
entered short, trailing stop loss of 5 pips.
Even the worst trade can close with profit. Just give it time.
  • #711,782
  • Oct 26, 2012 7:03am Oct 26, 2012 7:03am
Nice move down on EJ correlation with eurusd not there.
Over thinking over analyzing separates the body from the mind.
  • #711,783
  • Oct 26, 2012 7:03am Oct 26, 2012 7:03am
Quoting riprider
nice Max back to 33 this mornings number just above ... 61.8 fib of todays swing. nice possible entry for short ...lets see how hour closes off . maybe 50% extention target ... .2864
I would like to see 2850 might not be enough momentum to reach there today though
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  • #711,784
  • Oct 26, 2012 7:04am Oct 26, 2012 7:04am
Quoting tirmizi
TIP: if we get a hourly close above 2920 then to me its straight bullish other wise if closed under 2920 then straight bearish,

just trade safe fellow friend traders!
long 2915 stop 2880 tp is trailing stop
Learning Requires Failure
  • #711,785
  • Oct 26, 2012 7:05am Oct 26, 2012 7:05am
actually, i cannot decide if it's bearish or bullish right now.

but it's rather bullish so for me this is not the right time to short. maybe later, under 2900
  • #711,786
  • Oct 26, 2012 7:07am Oct 26, 2012 7:07am
i am hoping market turn around from here......

chart analyst by paul kohen......

damnn i hope.... he is right.....
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  • #711,787
  • Oct 26, 2012 7:07am Oct 26, 2012 7:07am
spain bad bank rumors
  • #711,788
  • Oct 26, 2012 7:09am Oct 26, 2012 7:09am
spain comments
  • #711,789
  • Oct 26, 2012 7:09am Oct 26, 2012 7:09am
awhh
market is bullish or bearish????
  • #711,790
  • Oct 26, 2012 7:10am Oct 26, 2012 7:10am
As NY session open EURUSD going long i don't know what US boys are doing...
  • #711,791
  • Oct 26, 2012 7:11am Oct 26, 2012 7:11am
Quoting attila
34 will make this long.
next step is it has to stay above it. I'll close my long if it falls below again.
  • #711,792
  • Oct 26, 2012 7:12am Oct 26, 2012 7:12am
Quoting 2046
spain bad bank rumors
Ah, that explains it, thanks.
Time turns trend. - W.D. Gann
  • #711,793
  • Oct 26, 2012 7:13am Oct 26, 2012 7:13am
Quoting tanvirbhatti
As NY session open EURUSD going long i don't know what US boys are doing...

Hypothesis to test:

NY usually starts with selling of the newly printed dollars
  • #711,794
  • Oct 26, 2012 7:14am Oct 26, 2012 7:14am
European equities just turned in Green , when did that happen ?
"It's the Margin, Stupid."
  • #711,795
  • Oct 26, 2012 7:15am Oct 26, 2012 7:15am
Quoting wiseambition
Hypothesis to test:

NY usually starts with selling of the newly printed dollars
Oh i see... So is there any chance to EURUSD going short now...???
  • #711,796
  • Oct 26, 2012 7:16am Oct 26, 2012 7:16am
Quoting sibajnok
actually, i cannot decide if it's bearish or bullish right now.

but it's rather bullish so for me this is not the right time to short. maybe later, under 2900
lucky call.
  • #711,797
  • Oct 26, 2012 7:19am Oct 26, 2012 7:19am
Quoting tanvirbhatti
As NY session open EURUSD going long i don't know what US boys are doing...
They are buying euro as good GDP data from US increase risk apetite, it is not like with UK numbers yesterday which gave sterling a kick in arse,
US GDP drives stock market up which increase value of a risk assets (gold/euro) called "risk on"
now look at 4hr candle, and even better H1 (I missed it too)lost momentum before news were released.
This is another leg up, if 1,3000 1,3020 won't hold
swing it!
  • #711,798
  • Oct 26, 2012 7:19am Oct 26, 2012 7:19am
"EU, ECB: Spain 'Bad Bank' Will be Operational from Dec 1"

"EU's Rehn says Spain bank assessments due in coming weeks"
  • #711,799
  • Oct 26, 2012 7:20am Oct 26, 2012 7:20am
But...EURUSD touched a valid H4 trendline at 1.2910.....and when going upward...as wee see
  • #711,800
  • Oct 26, 2012 7:22am Oct 26, 2012 7:22am
Quoting attila
34 will make this long.

Attila can you show us with some chart how u arrived at this ? Just for knowledge sake.
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