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  • #744,941
  • Jan 11, 2013 8:47am Jan 11, 2013 8:47am
Quoting fikaky
I would say it's technical and it's a reaction to yesterdays news, even todays news...but we had a conference yesterday and Draghi didn't say anything, nor did the interest rates changed..such a reaction is uncalled for..
Nah I prefer to buy EUR at the exchange rate of 1.20 but there's always be another side of the coin.
  • #744,942
  • Jan 11, 2013 8:47am Jan 11, 2013 8:47am
Quoting ForExtraPips
That's what I'm debating about right now. Whether to lock in my profits today, or let my profits run. I like that 1.3410/1.35 area, also. I'm +200 pips so far. But it's the mind games that this market can do with your head.
I would suggest to lock your profit at your comfortable zone while setting another 200-300pips tp and pray for gap up on Monday
  • #744,943
  • Jan 11, 2013 8:49am Jan 11, 2013 8:49am
Quoting fikaky
I would say it's technical and it's a reaction to yesterdays news, even todays news...but we had a conference yesterday and Draghi didn't say anything, nor did the interest rates changed..such a reaction is uncalled for..
Another clueless soul. Everytime I read this kind of stuff, I just have to shake my head. Please stop it . I'm getting a headache from all the shaking...
  • #744,944
  • Jan 11, 2013 8:52am Jan 11, 2013 8:52am
I'm still holding on the pair to see what's going on.
  • #744,945
  • Jan 11, 2013 8:52am Jan 11, 2013 8:52am
Quoting bennyblanco
The other view is that the drop post fiscal cliff was overdone, due to low liquidity over the holiday season. Not surprised it's risen back so fast
Would be true if the price was in equilibrium before trhe change! I belive that this levels arew dangerously high!
  • #744,946
  • Jan 11, 2013 8:53am Jan 11, 2013 8:53am
Quoting ForExtraPips
That's what I'm debating about right now. Whether to lock in my profits today, or let my profits run. I like that 1.3410/1.35 area, also. I'm +200 pips so far. But it's the mind games that this market can do with your head.
Take a half or quarter off, move your stop up to a good support level on the rest.I personally close everything, because I'm always adding pieces as it moves in my direction.
  • #744,947
  • Jan 11, 2013 8:55am Jan 11, 2013 8:55am
looking at Monthly pivot before London close. makes sense.
  • #744,948
  • Jan 11, 2013 8:55am Jan 11, 2013 8:55am
Quoting TotallNewbie
I would suggest to lock your profit at your comfortable zone while setting another 200-300pips tp and pray for gap up on Monday
Chickened out and closed with +197. Will be buying the next dip. GL
Time turns trend. - W.D. Gann
  • #744,949
  • Jan 11, 2013 8:56am Jan 11, 2013 8:56am
What if , it was after the area 1.337 -1.335 all along , and the area was sitting just right of everyone and no one saw it !
"It's the Margin, Stupid."
  • #744,950
  • Jan 11, 2013 8:57am Jan 11, 2013 8:57am
Quoting Turhovach
Another clueless soul. Everytime I read this kind of stuff, I just have to shake my head. Please stop it . I'm getting a headache from all the shaking...
It's been a while. Hope things are well with you.
  • #744,951
  • Jan 11, 2013 8:57am Jan 11, 2013 8:57am
Quoting Vachus
What if , it was after the area 1.337 -1.335 all along , and the area was sitting just right of everyone and no one saw it !
There's only one way to find out.
  • #744,952
  • Jan 11, 2013 8:58am Jan 11, 2013 8:58am
It will goes around like this until the end of the day, I think, but I'm closing my position.
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  • #744,953
  • Jan 11, 2013 8:58am Jan 11, 2013 8:58am
1.3308 could be another turn around price. Am shorting there
Keep the Lights on then you can catch the rise from the dark.
  • #744,954
  • Jan 11, 2013 8:58am Jan 11, 2013 8:58am
thanks for yesterday, chief!
it wasn't as precise as yours. faaar from that, imho... just that it made me "know" what and where to look for today.
  • #744,955
  • Jan 11, 2013 8:59am Jan 11, 2013 8:59am
Quoting fikaky
Would be true if the price was in equilibrium before trhe change! I belive that this levels arew dangerously high!
If you look at the weekly we are not at high levels, 1.4 could be wide open
  • #744,956
  • Jan 11, 2013 9:01am Jan 11, 2013 9:01am
Quoting Turhovach
Another clueless soul. Everytime I read this kind of stuff, I just have to shake my head. Please stop it . I'm getting a headache from all the shaking...
Ok, take a pill then and chill then...really don't need such comments..i am trying to be friendly and discuss my views, if you are interested in discussion then by all means do comment..if not, why did you even touch the keyboard??
  • #744,957
  • Jan 11, 2013 9:03am Jan 11, 2013 9:03am
GBP USD sinking, EURUSD skyrocketing.... definitely something i dont get...
  • #744,958
  • Jan 11, 2013 9:05am Jan 11, 2013 9:05am
Quoting bennyblanco
If you look at the weekly we are not at high levels, 1.4 could be wide open
OK, but wouldn't that just be funny..1.40 why? EUR situation is worsening not improving..but i can't disregard tecnicals..you are right but i seriously doubt it..
  • #744,959
  • Jan 11, 2013 9:06am Jan 11, 2013 9:06am
Quoting Ken A
There's only one way to find out.
I was not looking at the current hourly, i was actually on the daily chart looking for something ... 15 March 2012 till the end ! The two moves almost similar from the levels till the end target ( Given that Euro will close under 1.33500-700 area ! What's more fascinating is the day similarities - they were both B/o on Thursday& Friday.
"It's the Margin, Stupid."
  • #744,960
  • Jan 11, 2013 9:06am Jan 11, 2013 9:06am
Quoting divak
GBP USD sinking, EURUSD skyrocketing.... definitely something i dont get...
It means either Pound has to board the euro train or Euro has to board pound train.
When Scalpers win, I lose and Vice varsa...
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