EUR/USD 06/06/06 My Trade :) | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Can only view EUR/USD, GBP/USD, USD/JPY, USD/CHF through broker? 1 reply

If you buy gbp/usd and sell eur/usd, is that the same as being short eur/gbp? 1 reply

Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies

eur/usd, eur/jpy, usd/jpy average 0 replies

EUR/USD 06/06/06 My Trade :)

  • #1
  • First Post: Jun 6, 2006 5:26pm Jun 6, 2006 5:26pm
Short EUR/USD @ 1.2827. (Done @ 2:30pm PST) (Currently @ 1.2810)
Stop Loss: 1.2845
Supports @ 1.2795 and @ 1.2725.

Sorry guys, no graphs.

Let me know what you think.
  • #2
  • Jun 6, 2006 5:41pm Jun 6, 2006 5:41pm
personally i started to go long from 1,2810 with half part of what I want to invest, just in case to be able to correct it if it goes down more.
My idea isfrom tomorrow morning - evening (CET) it will start to go up again to prepare for the ECB realease.
My opinion. Im Junior like you
  • #3
  • Jun 6, 2006 5:46pm Jun 6, 2006 5:46pm
Quoting trucco
personally i started to go long from 1,2810 with half part of what I want to invest, just in case to be able to correct it if it goes down more.
My idea isfrom tomorrow morning - evening (CET) it will start to go up again to prepare for the ECB realease.
My opinion. Im Junior like you
I agree with the last part of your post. I'm also expecting it to go up again, before the ECB statement.
  • #4
  • Jun 6, 2006 5:56pm Jun 6, 2006 5:56pm
Quoting trucco
personally i started to go long from 1,2810 with half part of what I want to invest, just in case to be able to correct it if it goes down more.
My idea isfrom tomorrow morning - evening (CET) it will start to go up again to prepare for the ECB realease.
My opinion. Im Junior like you
I see it the same way you do bello. By tomorrow latest, I believe those who had been long would have finished their profit taking and ready to jump in long again before ECB Trichet go an TV.

Chao !
Highway
  • #5
  • Jun 6, 2006 6:02pm Jun 6, 2006 6:02pm
So, does that mean, GBPUSD will do pretty much the same thing?
JOHN 3:16
  • #6
  • Jun 7, 2006 2:42am Jun 7, 2006 2:42am
With gbp-usd I would be more carefull, but I think will be pretty the same.

It looks oversold to me. If it doenst go up very much, I expect a correction at least 1,8770 or similar
  • #7
  • Jun 7, 2006 2:43am Jun 7, 2006 2:43am
Quoting renasdad
So, does that mean, GBPUSD will do pretty much the same thing?
most likely.
  • #8
  • Jun 7, 2006 2:44am Jun 7, 2006 2:44am
sorry, I meant 1.8670
  • #9
  • Jun 7, 2006 2:47am Jun 7, 2006 2:47am
Update: First support level of 1.2795 has been broken. So, I expect it to go further down to about 1.2730 in the next few hours.

Stop loss: 1.2810
  • #10
  • Jun 7, 2006 2:57am Jun 7, 2006 2:57am
trade closed @1.2810. Stop loss hit @ 12:56 am PST. lol... I guess I was wrong.
  • #11
  • Jun 7, 2006 3:04am Jun 7, 2006 3:04am
Will see man, you never know. maybe you were right.

Personaly if im convinced about a macro trend i never try to ctach inside little trends against my idea of the macro one.
i always lost in that way
  • #12
  • Jun 7, 2006 3:11am Jun 7, 2006 3:11am
I think that there 2 big thing to care about in forex.


One are the economical data and related market sentiments

the second, but not last..., the speculative movements.
  • #13
  • Jun 7, 2006 3:39am Jun 7, 2006 3:39am
Quoting trucco
I think that there 2 big thing to care about in forex.


One are the economical data and related market sentiments

the second, but not last..., the speculative movements.
I concur.
  • #14
  • Jun 7, 2006 6:49am Jun 7, 2006 6:49am
You see Bluefish, you might be really write, speculators are behind every door ..........
  • #15
  • Jun 7, 2006 6:50am Jun 7, 2006 6:50am
You see now a real economical reason of seeing now USD going stronger ?!

I see only speculation...
  • #16
  • Jun 7, 2006 7:04am Jun 7, 2006 7:04am
Unless there is a suspect that ECB is going to make a nice surpise and hiking interest reates !
  • #17
  • Jun 7, 2006 7:04am Jun 7, 2006 7:04am
SORRY, AND DONT HIKE
  • #18
  • Jun 7, 2006 9:17am Jun 7, 2006 9:17am
I went long again.... cuz of better than expected European economic data...and the upcoming ECB interest rate statement.
  • #19
  • Jun 8, 2006 7:07am Jun 8, 2006 7:07am
I guess I was right. Made about + 40 pips.
  • #20
  • Jun 8, 2006 7:32am Jun 8, 2006 7:32am
and better than expected unemployment rates. We will see the dollar getting stronger. Next target is about 1.2690.
0 traders viewing now