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EURUSD

  • #755,481
  • Feb 7, 2013 9:22am Feb 7, 2013 9:22am
Quoting brio
I am long now!
we should go up from here
  • #755,482
  • Feb 7, 2013 9:24am Feb 7, 2013 9:24am
Went yesterday short at 1.3520

and today instead to move SL to Be at 1.3460

i closed it.. (?)

How to opt out annoying user signatures ??
  • #755,483
  • Feb 7, 2013 9:25am Feb 7, 2013 9:25am
Quoting brio
I am long now!
we should go up from here
Retracement most likely...1.3423-1.3430 highly possible, if broken then to the 4x....but i don't see anything higher than that for now.
But all new lows are good to take from now on, with tight stops.
  • #755,484
  • Feb 7, 2013 9:26am Feb 7, 2013 9:26am
Quoting stevexyg
Do people just take a position based on this drop? Anyways, this currency was on the precipice if a drop. I'm tired of the overly estatic bulls....euro 1.5xxx! Just a nice time to have been accumulating on the way up. Big euro goes boom.
When the facts change I change my mind, what do you do sir
  • #755,485
  • Feb 7, 2013 9:26am Feb 7, 2013 9:26am
Inserted Video
those who can, do. those who cant, talk about those who can
  • #755,486
  • Feb 7, 2013 9:27am Feb 7, 2013 9:27am
Quoting Ken A
I am not going to long E/U until I see PA reaction on E/J at 124.94.
124.73. shit that THING made a 200 pip drop?! what da????????
  • #755,487
  • Feb 7, 2013 9:28am Feb 7, 2013 9:28am
Quoting tomspin
we got bearish flag(H4) in DAX which should bring us about 7404 level, watching first reaction at 7518 this and tracking euro at the same time...
whish to see 7518 in Dax by tommorow and 1,3409 in eurodollar + Fundamental pusher to bring this up again.
Could be hard oil looks bad on weekly and USDX got good 100 points ahead.
Just came back, I see we got my monthly pivot, lets see if they push it below, with current look at dax it is possible, but long in this area gives good RR trade, told you Math it is a good line to hit the button
swing it!
  • #755,488
  • Feb 7, 2013 9:29am Feb 7, 2013 9:29am
Quoting _BBKing_
well done!
thanks... but thanks to irene as well. it was she who pointed out that price last friday. and then 3398 just got hit..... where does one buy patience????????????????????????????????????????????????
  • #755,489
  • Feb 7, 2013 9:30am Feb 7, 2013 9:30am
watch 3395-3389, nice area to bounce from..pending long @ 90
  • #755,490
  • Feb 7, 2013 9:30am Feb 7, 2013 9:30am
Quoting attila
Well.. I said 3408...here we are.. now I'm debating if I want to be a hero or not..
Go for it mate... Watch this 2nd test on M1 and decide

I'm looking eagerly at 3392
@pawpaw1000 on Twitter
  • #755,491
  • Feb 7, 2013 9:31am Feb 7, 2013 9:31am
Quoting tomspin
Just came back, I see we got my monthly pivot, lets see if they push it below, with current look at dax it is possible, but long in this area gives good RR trade, told you Math it is a good line to hit the button
so much for the level lol
swing it!
  • #755,492
  • Feb 7, 2013 9:31am Feb 7, 2013 9:31am
Quoting yelena
124.73. shit that THING made a 200 pip drop?! what da????????

Make it 124.05. What are few pips among friends.
  • #755,493
  • Feb 7, 2013 9:32am Feb 7, 2013 9:32am
Quoting COopa
yes it is, TA is only a tool to help predict the support n resistant. but everything has a rhytme my friend
That's exactly what I'm saying. Attila hit the nail on the head... once the sentiment changes .. levels don't really mean shit... PA just blows straight through them - -Once the new trend establishes itself and settles the TAs will come to play again.... Gator's post summed it up too..... "something had to give".... this is probably just the start of a Euro rebalancing process as its fundamentally overbought so the small correction we've just seen is part of a bigger picture. Some negative press on Spain etc etc will swing the spotlight of scrutiny back onto the Euro and the process will be completed.
  • #755,494
  • Feb 7, 2013 9:32am Feb 7, 2013 9:32am
Quoting attila
Well.. I said 3408...here we are.. now I'm debating if I want to be a hero or not..
Were you?
  • #755,495
  • Feb 7, 2013 9:36am Feb 7, 2013 9:36am
Quoting MidasFX
I see no clear direction for the past 3 or so hours no sense in trying to predict future movements. so I am on the sidelines on eur/usd. Perhaps I will straddle this pair for a few pips , I'm looking for break above 1.3580 to go long or shorts below 1.3530.

Coffee Break ^_^
Well that will do it for me today. booked a fairly safe 28 pips on this trade. simple straddle breakout 1.3530 - 1.3502. shoulda would coulda held on for more, but all is good in the house of pips today. take care everybody
  • #755,496
  • Feb 7, 2013 9:38am Feb 7, 2013 9:38am
Quoting yelena
124.73. shit that THING made a 200 pip drop?! what da????????
reality..
those who can, do. those who cant, talk about those who can
  • #755,497
  • Feb 7, 2013 9:38am Feb 7, 2013 9:38am
OK. bulls can kiss their balls good bye at this point.
  • #755,498
  • Feb 7, 2013 9:39am Feb 7, 2013 9:39am
Quoting BlueGas
watch 3395-3389, nice area to bounce from..pending long @ 90
changed that to 89 wish me luck
  • #755,499
  • Feb 7, 2013 9:40am Feb 7, 2013 9:40am
Quoting BlueGas
changed that to 89 wish me luck
With you on it

The RR for a move back to the 1.342x is good enough
  • #755,500
  • Feb 7, 2013 9:41am Feb 7, 2013 9:41am
Quoting Pip Anon
Do people just take a position based on this drop? Anyways, this currency was on the precipice if a drop. I'm tired of the overly estatic bulls....euro 1.5xxx! Just a nice time to have been accumulating on the way up. Big euro goes boom.
We will have a bigger picture in next week when this week's COT come out, 120 pips is nothing, and inflation risk is well knowned, it just have to be said by somebody important to move those candles,
1,3294 is next in the normal pivotal move.
swing it!
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