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EURUSD

  • #743,441
  • Jan 9, 2013 6:35am Jan 9, 2013 6:35am
Went short since Tuesday.

H1 resistance trendline since last week is still valid.

The blue are(support) line have been broken. Expecting to retrace up and continue downwards untill tomorrow EU interest rate cut off.

My 4th short entry quite late but I bare it with SL @ 1.3072

Good Luck!
Attached Image (click to enlarge)
Click to Enlarge Name: EU_09JAN2013.jpg Size: 139 KB
RM
  • #743,442
  • Jan 9, 2013 6:36am Jan 9, 2013 6:36am
Quoting shaukat113
I still keep it simple. so for 50%
Same boat

Nice short entry there

Good Luck
RM
  • #743,443
  • Jan 9, 2013 6:38am Jan 9, 2013 6:38am
Quoting fx_forever
NEVER trade aigainst the trend.

It 'broke' 1.3066 when i was eating, slowly... too late now.

Need to wait for US opening.
there is nothing wrong with trading against the trend, if done properly. and some guys here know what they are doing. but newbies that follow this thread then often load there whole accounts when they see so many guys with 10+ v calling longs... and we all know what follows
  • #743,444
  • Jan 9, 2013 6:38am Jan 9, 2013 6:38am
Quoting pips-scout
Buingiorno mate.
I've stopped buying I'm out for now
I'm waiting for a little bounce at 22.
Not good to buy or sell now
Hey cosa ce?? E vero...ma io non voglio pagare per pessimisti. Still a buyer, the story can not end here, will keep buying untill 1.3020s... Yesterday went out with a lousy 1 pip... Molto difficile... Makin money in tight ranges...
  • #743,445
  • Jan 9, 2013 6:40am Jan 9, 2013 6:40am
Quoting forexguru
Golden Rule: Never trade against the trend..!!
Keep your stop loss tight!!

the trend is downtrend..
  • #743,446
  • Jan 9, 2013 6:41am Jan 9, 2013 6:41am
weak impulse in eur/usd, need to look for new analysis and forcat.
but the weather is dry cold i'm freezing.

DON
  • #743,447
  • Jan 9, 2013 6:46am Jan 9, 2013 6:46am
It can go back up to 1.3100 in a bat pattern (we are at the bottom of the bat now... US opening will tell us). Keep your longs.
  • #743,448
  • Jan 9, 2013 6:46am Jan 9, 2013 6:46am
what happen about us open? Your opinion plz
i have buy 1.3073
  • #743,449
  • Jan 9, 2013 6:47am Jan 9, 2013 6:47am
guys look at the 5 min chart u will see the trend is reall weak, so i think in 1 hour USA going to make it fun and specialy after the oil storage report!
  • #743,450
  • Jan 9, 2013 6:50am Jan 9, 2013 6:50am
Quoting Rouby
guys look at the 5 min chart u will see the trend is reall weak, so i think in 1 hour USA going to make it fun and specialy after the oil storage report!
do you think oil inventory will move the market?
  • #743,451
  • Jan 9, 2013 6:52am Jan 9, 2013 6:52am
long @ 52
  • #743,452
  • Jan 9, 2013 6:53am Jan 9, 2013 6:53am
To all those who keep warning everyone not to trade against the trend, I've got news for you - there is no trend at the moment, which is why it can turn on a halfpenny.
  • #743,453
  • Jan 9, 2013 6:55am Jan 9, 2013 6:55am
Adding shorts for 3030..
  • #743,454
  • Jan 9, 2013 6:55am Jan 9, 2013 6:55am
Quoting shmandi
do you think oil inventory will move the market?
yes! because it the only thing we have it today and also while the pair is really weak any news will have an effect on it
  • #743,455
  • Jan 9, 2013 6:57am Jan 9, 2013 6:57am
killed my short for -10, pending long triggered at 60
  • #743,456
  • Jan 9, 2013 6:58am Jan 9, 2013 6:58am
Quoting MaxDoom
long @ 52
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  • #743,457
  • Jan 9, 2013 6:59am Jan 9, 2013 6:59am
Quoting mercy seat
Another one @ 1.30467 ...

13h16 CET






;-|
Nice profitable adjustments been done @ 1.30620 ...

13h55 CET





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #743,458
  • Jan 9, 2013 7:02am Jan 9, 2013 7:02am
Quoting MaxDoom
long @ 52
You must be kidding
  • #743,459
  • Jan 9, 2013 7:03am Jan 9, 2013 7:03am
Sold EU (High Volume) @ 3058 target pegged @ 3030
  • #743,460
  • Jan 9, 2013 7:05am Jan 9, 2013 7:05am
Quoting mercy seat
Nice profitable adjustments been done @ 1.30620 ...

13h55 CET





;-|
Re-do if below 1.3049 again ...

Otherwise let the rest travel ...

Must go now ...

Laters ...

Take care ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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