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EURUSD

  • #754,261
  • Feb 5, 2013 6:35am Feb 5, 2013 6:35am
lunch time for me back later
Trade What You See Not What You Want To See
  • #754,262
  • Feb 5, 2013 6:36am Feb 5, 2013 6:36am
Quoting Ken A
Since I can not long E/J and E/U yesterday, went for U/J long

Either target reached or stopped out.

Attachment

that's just so wicked!!!

nice...
  • #754,263
  • Feb 5, 2013 6:47am Feb 5, 2013 6:47am
Quoting Fxnewdeal
Retracement down to 45 before the next move?
Done!
A pip is only worth it if you know how much you risked to earn it
  • #754,264
  • Feb 5, 2013 6:49am Feb 5, 2013 6:49am
Quoting Fxnewdeal
Retracement down to 45 before the next move?
Check!

Downside still locked for now.
  • #754,265
  • Feb 5, 2013 6:49am Feb 5, 2013 6:49am
Quoting vlady1974
Done!
Yes mate. Now let's see if it wants to bounce or break it
  • #754,266
  • Feb 5, 2013 6:51am Feb 5, 2013 6:51am
Quoting mercy seat

A REVERSO since 1.35680 ...

13h16 CET




Faites vos jeux! ... palim palim





;-|

Covered some parts with a very special method @ 1.35460 ...

13h45 CET







;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #754,267
  • Feb 5, 2013 6:53am Feb 5, 2013 6:53am
I hope it goes down to 1.3515
  • #754,268
  • Feb 5, 2013 6:54am Feb 5, 2013 6:54am
Quoting Fxnewdeal
Check!

Downside still locked for now.
Did you support your declaration on the lows of the 31.01.2013?
  • #754,269
  • Feb 5, 2013 6:57am Feb 5, 2013 6:57am
Quoting nunonuk
Did you support your declaration on the lows of the 31.01.2013?
No, i do based on the previous m5 swing. 1.3513-15. (from today this morning)

In my eyes, only a correction below this 1.3540-45 area could put 1.3515 in danger (and most likely 1.3495 and below)
  • #754,270
  • Feb 5, 2013 6:58am Feb 5, 2013 6:58am
Quoting rokec
I hope it goes down to 1.3515

Same here. short @ 3545, tp @ 3512, sl @ 3555
Time turns trend. - W.D. Gann
  • #754,271
  • Feb 5, 2013 6:59am Feb 5, 2013 6:59am
Quoting rokec
I hope it goes down to 1.3515
It's in a state of play that doesn't make me want to trade it. Failed to go higher than 60 so it's only got 2 weak levels to contend with unless some significant news makes it breach north or south. To me that = uncertainty, therefore I'm out (UK Dragon's Den style).
Attached Image
A pip is only worth it if you know how much you risked to earn it
  • #754,272
  • Feb 5, 2013 7:00am Feb 5, 2013 7:00am
Quoting ForExtraPips
Same here. short @ 3545, tp @ 3512, sl @ 3555
Hope that works out cos I would definitely long this at 12.
A pip is only worth it if you know how much you risked to earn it
  • #754,273
  • Feb 5, 2013 7:01am Feb 5, 2013 7:01am
Quoting Vachus
So, if they knew how to trade, why writing the books first place ?!

Theory and actually implementing it are two different things. It's like watching football, the commentator knows exactly what the players should do.
  • #754,274
  • Feb 5, 2013 7:03am Feb 5, 2013 7:03am
Quoting vlady1974
Hope that works out cos I would definitely long this at 12.
Thanks. I'm wondering if price will wait to do something until the ISM PMI comes out in two hours or not.
Time turns trend. - W.D. Gann
  • #754,275
  • Feb 5, 2013 7:06am Feb 5, 2013 7:06am
They unlock the way for a down move.

I may step in higher if PA allows me
  • #754,276
  • Feb 5, 2013 7:06am Feb 5, 2013 7:06am
Quoting ForExtraPips
Thanks. I'm wondering if price will wait to do something until the ISM PMI comes out in two hours or not.
From the news that I've watched (and even traded), sometimes the a move can pre-empt the news in predictable bias - especially if the pending news correlates with the short-term direction.

If the news is favourable to EU, I would expect a steady DESCENT to set up longs.
It's only surprises that create whiplash spikes before resuming trend.

Come to think of it, does anyone remember if news has ever changed trend?
A pip is only worth it if you know how much you risked to earn it
  • #754,277
  • Feb 5, 2013 7:06am Feb 5, 2013 7:06am
Quoting KiwiTrada
i think there is little risk aversion in play, cable kiwi and aussie taking little dump eu swissy static, early pop was yen driven with little gbp appreciation, this market is continually getting stuffed up by boj is sending pa and me crazy
cable aussie kiwi still dumping, eu and swissy stuck yen still popping do the japanese never sleep
If you are new to Forex? Say Goodbye to your account!!
  • #754,278
  • Feb 5, 2013 7:07am Feb 5, 2013 7:07am
Quoting vlady1974
From the news that I've watched (and even traded), sometimes the a move can pre-empt the news in predictable bias - especially if the pending news correlates with the short-term direction.

If the news is favourable to EU, I would expect a steady DESCENT to set up longs.
It's only surprises that create whiplash spikes before resuming trend.

Come to think of it, does anyone remember if news has ever changed trend?
The financial crisis of 2008?
Time turns trend. - W.D. Gann
  • #754,279
  • Feb 5, 2013 7:21am Feb 5, 2013 7:21am
Quoting ForExtraPips
The financial crisis of 2008?
LOL. It wasnt the type news I was thinking of, but yes you're right of course! Any besides major world crisis?
A pip is only worth it if you know how much you risked to earn it
  • #754,280
  • Feb 5, 2013 7:27am Feb 5, 2013 7:27am
Quoting vlady1974
LOL. It wasnt the type news I was thinking of, but yes you're right of course! Any besides major world crisis?
But your everyday, or weekly news doesn't change a trend, correct. If a trader looks at the bigger picture, (larger time frames), then the moves on the smaller time frames are just corrections, before the continuation of the current trend. Like when the monthly candle is green, weekly is green, but the daily is a big huge red candle. Then you'll get the, "Oh, baby! 1.18 here we come" type traders.
Time turns trend. - W.D. Gann
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