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EURUSD

  • #740,761
  • Jan 2, 2013 9:00pm Jan 2, 2013 9:00pm
oops
those who can, do. those who cant, talk about those who can
  • #740,762
  • Jan 2, 2013 9:00pm Jan 2, 2013 9:00pm
Now just keep falling like this
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  • #740,763
  • Jan 2, 2013 9:01pm Jan 2, 2013 9:01pm
http://www.reuters.com/article/2013/...0A80RT20130103

Is this the cause of the drop?
  • #740,764
  • Jan 2, 2013 9:01pm Jan 2, 2013 9:01pm
WTF EURO just coped a shellacking!
The best indicator is price.
  • #740,765
  • Jan 2, 2013 9:02pm Jan 2, 2013 9:02pm
Quoting mohan76
Asia printed 60 pip range, who said Asia is slowest session
nice drop! Asian sometimes will surprise us!
Patience, Emotion Control and Discipline.
  • #740,766
  • Jan 2, 2013 9:02pm Jan 2, 2013 9:02pm
Quoting clambill
http://www.reuters.com/article/2013/...0A80RT20130103

Is this the cause of the drop?
no, norm did it.
those who can, do. those who cant, talk about those who can
  • #740,767
  • Jan 2, 2013 9:02pm Jan 2, 2013 9:02pm
Quoting mohan76
Asia printed 60 pip range, who said Asia is slowest session
I don't know about the speed of Asian markets, but dick measuring contests are not very common there.....................for obvious reason.
The Thief of Wall Street
  • #740,768
  • Jan 2, 2013 9:03pm Jan 2, 2013 9:03pm
Quoting clambill
http://www.reuters.com/article/2013/...0A80RT20130103

Is this the cause of the drop?
cooperate rating should not affect currency market
Mohan
  • #740,769
  • Jan 2, 2013 9:04pm Jan 2, 2013 9:04pm
Quoting gatorinla
I have today as a LL. looking to sell the drop that may happen at any time now. weakness at 3241 or 3230.. are places to look. but it may be too late for a bounce now.
sos
those who can, do. those who cant, talk about those who can
  • #740,770
  • Jan 2, 2013 9:06pm Jan 2, 2013 9:06pm
Quoting Chicky
I don't know about the speed of Asian markets, but dick measuring contests are not very common there.....................for obvious reason.
Damn Chicky, that was kind of harsh.

And yes an interesting move right now. This is the first real re-test of our double top from before - I wonder if we'll have a significant bounce or not.
Attached Image (click to enlarge)
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  • #740,771
  • Jan 2, 2013 9:09pm Jan 2, 2013 9:09pm
Quoting Kanzler
Damn Chicky, that was kind of harsh.

And yes an interesting move right now. This is the first real re-test of our double top from before - I wonder if we'll have a significant bounce or not.
excu me. Me too Asian.

I have 1.2950 as a good bounce level, then 1.2736.
The Thief of Wall Street
  • #740,772
  • Jan 2, 2013 9:10pm Jan 2, 2013 9:10pm
Quoting BobGnarly
Now just keep falling like this
bob,

you said shorting target 1.28x last week.

what do you think it's probability?

and... i want to see your chart that your 1.28x level, plz
  • #740,773
  • Jan 2, 2013 9:27pm Jan 2, 2013 9:27pm
Quoting neojigi
bob,

you said shorting target 1.28x last week.

what do you think it's probability?

and... i want to see your chart that your 1.28x level, plz


Of course I want to say 100% haha but with the break of the 1.3157/60 level my next major support is at 1.2870 area. I will post my chart tomorrow, bed time for me.. Trade safe everyone!
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  • #740,774
  • Jan 2, 2013 9:27pm Jan 2, 2013 9:27pm
Quoting gatorinla
I have today as a LL. looking to sell the drop that may happen at any time now. weakness at 3241 or 3230.. are places to look. but it may be too late for a bounce now.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #740,775
  • Jan 2, 2013 9:29pm Jan 2, 2013 9:29pm
I trade on the EUR/USD daily chart! I keep a journal, and I’ve been waiting for days for the market to move beyond where it has been ranging I know the fiscal cliff deal had been impacting the market, so I figured the deal made would have been viewed positive for the USD. So I thought about placing a short limit order at 1.3140 where it would be passed the low since about mid December, stop loss around 1.3167, and a take profit around 1.3042! Any helpful advice? Was this a smart move?
  • #740,776
  • Jan 2, 2013 9:29pm Jan 2, 2013 9:29pm
Quoting BobGnarly
Of course I want to say 100% haha but with the break of the 1.3157/60 level my next major support is at 1.2870 area. I will post my chart tomorrow, bed time for me.. Trade safe everyone!
Forgot to mention I trade off weekly charts, every now and then I try day trading and Lets just say im a position / swing trader
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  • #740,777
  • Jan 2, 2013 9:35pm Jan 2, 2013 9:35pm
Quoting BobGnarly
Forgot to mention I trade off weekly charts, every now and then I try day trading and Lets just say im a position / swing trader

building a position for swing is well worth the effort I like your style ganja
If you are new to Forex? Say Goodbye to your account!!
  • #740,778
  • Jan 2, 2013 9:43pm Jan 2, 2013 9:43pm
Quoting BobGnarly
Forgot to mention I trade off weekly charts, every now and then I try day trading and Lets just say im a position / swing trader
That's interesting.

How different is the Day Trading and Swing Trading from Currency Trading?
The Thief of Wall Street
  • #740,779
  • Jan 2, 2013 9:46pm Jan 2, 2013 9:46pm
Quoting KiwiTrada
building a position for swing is well worth the effort I like your style ganja
Thanks Monnn
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  • #740,780
  • Jan 2, 2013 9:47pm Jan 2, 2013 9:47pm
Quoting Chicky
That's interesting.

How different is the Day Trading and Swing Trading from Currency Trading?
I meant that every know and then I try trading fx intra day/scalp and its not for me.. All I trade is currency
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