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EURUSD

  • #713,441
  • Nov 1, 2012 9:58pm Nov 1, 2012 9:58pm
Quoting John Gray
Non-Farm Payroll ... I like the challenge
Good on you, I do like that attitude.
It's usually the greatest & quickest money-maker ... if you know how to approach it.
  • #713,442
  • Nov 1, 2012 9:59pm Nov 1, 2012 9:59pm
eu 1hr as posted & update
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 1hr 31 10 2012.jpg Size: 92 KB
Click to Enlarge Name: EU 1hr 2 11 2012.jpg Size: 98 KB
If you are new to Forex? Say Goodbye to your account!!
  • #713,443
  • Nov 1, 2012 9:59pm Nov 1, 2012 9:59pm
Quoting Jay Walker
There's always a position. Even no position is a position
What position are you talking about?
  • #713,444
  • Nov 1, 2012 9:59pm Nov 1, 2012 9:59pm
Quoting DudeSepii
What position are you talking about?
None in particular.
Not all sins are created equal
  • #713,445
  • Nov 1, 2012 10:07pm Nov 1, 2012 10:07pm
1.2880 Today ? what do you think ?
  • #713,446
  • Nov 1, 2012 10:10pm Nov 1, 2012 10:10pm
Hi all, still looking at the same levels, the numbers are still pointing downwards, a good break of the 2.618fib @ 1.2898 is what i'd love to see next. The numbers are still whispering 1.2828 as a target, but while we're on the road there we will break some other significant numbers (i'm eyeing the 1.2500 number in the lower part of the screen because it's paired with the 1.3171 number that you find on top of the screen again, the level of which has already been fulfilled...)

let's see
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  • #713,447
  • Nov 1, 2012 10:22pm Nov 1, 2012 10:22pm
Quoting Peepo
1.2880 Today ? what do you think ?
50 pips. It's a possibility.
Not all sins are created equal
  • #713,448
  • Nov 1, 2012 10:23pm Nov 1, 2012 10:23pm
What is the maximum exposure one should take per position?
  • #713,449
  • Nov 1, 2012 10:26pm Nov 1, 2012 10:26pm
Quoting Jay Walker
50 pips. It's a possibility.
  • #713,450
  • Nov 1, 2012 10:27pm Nov 1, 2012 10:27pm
Quoting Avir
Like i said i am not speculating anything yet, specially fewdays b4 the election and lot of manipulated data's been out over the few weeks, i will wait till the fat fingers to take a direction first.
after reading ur post i looked up on one of the site to pick what they think about this NFP trading for EURUSD below but i am not gonna trade their idea, just for the info
""
Technical levels from top to bottom: 1.3030, 1.30, 1.2960, 1.29, 1.2814 and 1.2750.
5 Scenarios[list=1][*]Within expectations: 117K to 129K: In this scenario,...
I disagree I think a good reading will push investors for yield on improving conditions not go running for the hills and buying up treasuries, and holding cash which would appreciate USD

so good numbers Euro positive
Bad numbers Dollar positive
AVT INVENIAM VIAM AVT FACIAM
  • #713,451
  • Nov 1, 2012 10:29pm Nov 1, 2012 10:29pm
Quoting Sti
Hi all, still looking at the same levels, the numbers are still pointing downwards, a good break of the 2.618fib @ 1.2898 is what i'd love to see next. The numbers are still whispering 1.2828 as a target, but while we're on the road there we will break some other significant numbers (i'm eyeing the 1.2500 number in the lower part of the screen because it's paired with the 1.3171 number that you find on top of the screen again, the level of which has already been fulfilled...)

let's see
Totally agree. Personally I believe we have to break 1.2926 first to get this bear moving... Good opportunity to make 25-30 pips. I'll probably go for 20.
Even the worst trade can close with profit. Just give it time.
  • #713,452
  • Nov 1, 2012 10:32pm Nov 1, 2012 10:32pm
what we can expecting on NFP news tonight????usd weak or strong???
  • #713,453
  • Nov 1, 2012 10:33pm Nov 1, 2012 10:33pm
Quoting Typhoan
What is the maximum exposure one should take per position?
Go for minimum lot size until you're comfortable that you can make a living out of the daily pips you take. Unless of course you like to gamble and have no intentions of becoming a full time trader.
  • #713,454
  • Nov 1, 2012 10:39pm Nov 1, 2012 10:39pm
Quoting new_member
what we can expecting on NFP news tonight????usd weak or strong???
Wondering if the US Dollar will look strong less than one week away of a presidential election. Is the Pope Catholic?
Not all sins are created equal
  • #713,455
  • Nov 1, 2012 10:39pm Nov 1, 2012 10:39pm
Quoting John Gray
Totally agree. Personally I believe we have to break 1.2926 first to get this bear moving... Good opportunity to make 25-30 pips. I'll probably go for 20.
It Broke
I'll pick up the crumbs don't need the whole pie
  • #713,456
  • Nov 1, 2012 10:44pm Nov 1, 2012 10:44pm
Quoting Quickiepip
It Broke
...To the downside
Even the worst trade can close with profit. Just give it time.
  • #713,457
  • Nov 1, 2012 10:45pm Nov 1, 2012 10:45pm
Quoting Quickiepip
It Broke
See how it hasn't broken?

I will short below.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.2926 support.jpg Size: 213 KB
Even the worst trade can close with profit. Just give it time.
  • #713,458
  • Nov 1, 2012 10:46pm Nov 1, 2012 10:46pm
Quoting John Gray
...To the downside
my previous h4 close (45 minutes ago) printed 1.29257
  • #713,459
  • Nov 1, 2012 10:51pm Nov 1, 2012 10:51pm
Quoting Sti
my previous h4 close (45 minutes ago) printed 1.29257
Really? My chart did not. Well there was no movement below regardless.

Anyway what I am saying is this "zone" is key for support.
Even the worst trade can close with profit. Just give it time.
  • #713,460
  • Nov 1, 2012 10:52pm Nov 1, 2012 10:52pm
Quoting Sti
my previous h4 close (45 minutes ago) printed 1.29257
^ This .... I had a stop at 1.2926... Trust me it broke
I'll pick up the crumbs don't need the whole pie
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