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EURUSD

  • #764,841
  • Feb 27, 2013 5:14am Feb 27, 2013 5:14am
Quoting Miguel.N
you are wright, but as well it's ok to take risks when we think it's the bottom with a tight SL, knowing that we all have losses sometime somewhere...
Of course, we all have our own thoughts on risk management. Personally, I prefer to err on the side of caution. Before I enter a trade, I like to tick ALL the boxes first.
  • #764,842
  • Feb 27, 2013 5:14am Feb 27, 2013 5:14am
Waiting to short GU because of HnS pattern...
1.3140 - if EU reach this price, I will ready for getting into short...
  • #764,843
  • Feb 27, 2013 5:14am Feb 27, 2013 5:14am
Quoting Vectamart
Look at the EUR-JPY 1-day chart:-

1) Highs are getting lower.
2) PA is well south of 10day MA line.
3) MACD id decidedly negative.
4) RSI is well below 50 at approx 42 but no where near being oversold.

To me, the above are 4 reasons for a short bias on this pair at the present time.
I'll be looking up (with caution) while above 3046..
  • #764,844
  • Feb 27, 2013 5:15am Feb 27, 2013 5:15am
Quoting MaxDoom
needs to clear 3121/25 as well

currently long on eu and ej

currently feeling crap after a big night out - so no shouting
did you raid the bars again?
  • #764,845
  • Feb 27, 2013 5:16am Feb 27, 2013 5:16am
Quoting attila
I'll be looking up (with caution) while above 3046..
we also have a HL for the session.. two actually.
  • #764,846
  • Feb 27, 2013 5:17am Feb 27, 2013 5:17am
Quoting Vectamart
Look at the EUR-JPY 1-day chart:-

1) Highs are getting lower.
2) PA is well south of 10day MA line.
3) MACD id decidedly negative.
4) RSI is well below 50 at approx 42 but no where near being oversold.

To me, the above are 4 reasons for a short bias on this pair at the present time.
This is a high time frame view mate and I agree. For the shorter time frames however, lows are getting higher and higher and some retrace is possible after the massive drop on monday. Where can it go, have a few numbers but it is OK to play the retrace while not risking your neck.
  • #764,847
  • Feb 27, 2013 5:18am Feb 27, 2013 5:18am
Quoting mv6
will see
you will be sucked in like a vacuum cleaner
  • #764,848
  • Feb 27, 2013 5:23am Feb 27, 2013 5:23am
Quoting Squall_pka1
Waiting to short GU because of HnS pattern...
1.3140 - if EU reach this price, I will ready for getting into short...
If and when I see a confirmed penetration of the main pivot line. i.e. 1.3067 I will enter a short. I doubt whether that will happen before the NY session gets going though. We need to be exercise some caution though as there are more red flag news releases that are likely to impact on this pair scheduled for today, including Bernanke and Draghi.
  • #764,849
  • Feb 27, 2013 5:23am Feb 27, 2013 5:23am
Quoting attila
did you raid the bars again?
many - suffering today as a result
  • #764,850
  • Feb 27, 2013 5:25am Feb 27, 2013 5:25am
Quoting math_GB
Where is it mate..? Googled it but I guess I am having weird pages...
...as well in north Africa but opposit side of Egypt => west side under Spain!
Country is Morocco, main nice city's are Marrakesh and Agadir...
  • #764,851
  • Feb 27, 2013 5:27am Feb 27, 2013 5:27am
Quoting MaxDoom
many - suffering today as a result
Maybe one day you'll get to show me some of these London landmarks.
  • #764,852
  • Feb 27, 2013 5:29am Feb 27, 2013 5:29am
she should be popping any moment soon
  • #764,853
  • Feb 27, 2013 5:31am Feb 27, 2013 5:31am
Quoting MaxDoom
many - suffering today as a result
I suppose that you now have a little man with a club hammer inside your head!
  • #764,854
  • Feb 27, 2013 5:32am Feb 27, 2013 5:32am
I wonder how long it's going to take until someone claims to have successfully scalped the 20 pip range this morning in EJ for +120 pips...
  • #764,855
  • Feb 27, 2013 5:34am Feb 27, 2013 5:34am
Quoting Cuso
I wonder how long it's going to take until someone claims to have successfully scalped the 20 pip range this morning in EJ for +120 pips...
I did.. for -10.
  • #764,856
  • Feb 27, 2013 5:38am Feb 27, 2013 5:38am
Quoting Cuso
I wonder how long it's going to take until someone claims to have successfully scalped the 20 pip range this morning in EJ for +120 pips...
Now that you mention it, I managed -32, all last week and this week I have been getting good signals on EUR/JPY after hitting my daily target, therefore not using them. Just my luck to use the one today that turned out to be wrong
  • #764,857
  • Feb 27, 2013 5:40am Feb 27, 2013 5:40am
+1 Today horrible chop.
Quoting Cuso
I wonder how long it's going to take until someone claims to have successfully scalped the 20 pip range this morning in EJ for +120 pips...
Those who know don't talk. Those who talk don't know.
  • #764,858
  • Feb 27, 2013 5:42am Feb 27, 2013 5:42am
L @ E/U E/J
  • #764,859
  • Feb 27, 2013 5:45am Feb 27, 2013 5:45am
LOL! My pips are 0 for today.
  • #764,860
  • Feb 27, 2013 5:45am Feb 27, 2013 5:45am
oh no...time practice demo now...swing ready for buy TP for 15pips on eu..bull confirm
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