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Trading EURUSD only

  • #19,521
  • Nov 29, 2012 8:41am Nov 29, 2012 8:41am
Quoting stevewalker
longs
or shorts
?

1416,4 is the next us500 resistance if it breaks it will give power to eur.
  • #19,522
  • Nov 29, 2012 8:41am Nov 29, 2012 8:41am
hey walker!!!Iīm out until monday on trading...IMO monthly will close when it open..until there, price can swing a little...
  • #19,523
  • Nov 29, 2012 8:43am Nov 29, 2012 8:43am
TY
Quoting Farrusco
1416,4 is the next us500 resistance if it breaks it will give power to eur.
  • #19,524
  • Nov 29, 2012 8:43am Nov 29, 2012 8:43am
why out?

Quoting xandi
hey walker!!!Iīm out until monday on trading...IMO monthly will close when it open..until there, price can swing a little...
  • #19,525
  • Nov 29, 2012 8:44am Nov 29, 2012 8:44am
Attention now break imminent or not! FOT
  • #19,526
  • Nov 29, 2012 8:44am Nov 29, 2012 8:44am
Quoting Orly
Short the heck out of it. The pair failed to make new highs from the Daily cup and handle formation. Immediate downside target is 1.288.
Not only that but the Aussie crosses are dropping like stones. They don't have the added benefit of, shall we say, such "support."
Day isn't over yet, look at yesterday, eur dropped like a stone then rebounded to be in positive territory. Didn't close very well for the bears with a hammer on the daily
  • #19,527
  • Nov 29, 2012 8:47am Nov 29, 2012 8:47am
liquidity 100 above average still no strong movements, market is indecise.

look at the fight on us500 1416,4 can't be broken for bears...


shorted eur/usd for scalping
  • #19,528
  • Nov 29, 2012 8:50am Nov 29, 2012 8:50am
Quoting mrwpc
Day isn't over yet, look at yesterday, eur dropped like a stone then rebounded to be in positive territory. Didn't close very well for the bears with a hammer on the daily
It is making its fourth attempt to break through the upper boundary of the Harmonic pattern (using ZUP_v95...) on the Daily as well. Thy're throwing everything at it but the pair refuses to budge through that line. Four days in a row it has tried. Soon, exhaustion will set in, SPX will take profits and the EU will retrace significantly.
A retracement through half of the failed cup with handle pattern gives a downside target of 1.285x.
  • #19,529
  • Nov 29, 2012 8:51am Nov 29, 2012 8:51am
Quoting Orly
It is making its fourth attempt to break through the upper boundary of the Harmonic pattern (using ZUP_v95...) on the Daily as well. Thy're throwing everything at it but the pair refuses to budge through that line. Four days in a row it has tried. Soon, exhaustion will set in, SPX will take profits and the EU will retrace significantly.
A retracement through half of the failed cup with handle pattern gives a downside target of 1.285x.
  • #19,530
  • Nov 29, 2012 8:51am Nov 29, 2012 8:51am
I will wait, better nothing than minus. could go down, but also up....

More up, sell with setup!
  • #19,531
  • Nov 29, 2012 8:53am Nov 29, 2012 8:53am
Quoting Farrusco
liquidity 100 above average still no strong movements, market is indecise.

look at the fight on us500 1416,4 can't be broken for bears...


shorted eur/usd for scalping


closed my short acc up 1%
  • #19,532
  • Nov 29, 2012 8:53am Nov 29, 2012 8:53am
same here FOT

Quoting Farrusco
Attention now break imminent or not! FOT
  • #19,533
  • Nov 29, 2012 8:54am Nov 29, 2012 8:54am
im waiting for home sales now, a really good value will break this up in my opinion.



edit: but if it is a really good value it will go up indeed but if the older value is revised it can change the sentiment....
  • #19,534
  • Nov 29, 2012 8:58am Nov 29, 2012 8:58am
exit SH -6
  • #19,535
  • Nov 29, 2012 8:58am Nov 29, 2012 8:58am
Quoting stevewalker
why out?
out of trading, not on studying chart and post...hehehe, I say out with conscious, letīs se if my emotional not put me in trading these 2 days...
Out because I donīt like trading on end of Month when all targets already was achieved...itīs difficult for me, itīs just like your expression," drunk money"
  • #19,536
  • Nov 29, 2012 8:58am Nov 29, 2012 8:58am
My short experience:

US and Tokyo sesions is sh*t, time waisting.
  • #19,537
  • Nov 29, 2012 9:00am Nov 29, 2012 9:00am
us500 break then eur break I told you so but went down

btw went long on eur
  • #19,538
  • Nov 29, 2012 9:00am Nov 29, 2012 9:00am
Finally
You see, but you do not observe. The distinction is clear
  • #19,539
  • Nov 29, 2012 9:01am Nov 29, 2012 9:01am
Quoting Farrusco
us500 break then eur break I told you so but went down
yes sir .3000 has been breached
  • #19,540
  • Nov 29, 2012 9:01am Nov 29, 2012 9:01am
LG 2999
NS
Quoting stevewalker
exit SH -6
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