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Trading EURUSD only

  • #42,001
  • Apr 4, 2013 8:30am Apr 4, 2013 8:30am
Interesting tweet

Draghi has more nonstandard tools: OMT 2 is certainly considered. It is also just as imaginary as OMT 1
Trade smaller than rational because the market is irrational...
  • #42,002
  • Apr 4, 2013 8:31am Apr 4, 2013 8:31am
Quoting Bocephus
Weekly shows 2700 as next possible support
I said this last week and still think we go lower first
  • #42,003
  • Apr 4, 2013 8:34am Apr 4, 2013 8:34am
Anything is possible but I think you have seen the lows unless NFP is a super big lie. You just saw the bottom...my opinion...
Quoting Bocephus
I said this last week and still think we go lower first
  • #42,004
  • Apr 4, 2013 8:35am Apr 4, 2013 8:35am
if today close @ 2845 I will not surprise
I will not trade that idea
but poss.

if then I can make a good prediction
  • #42,005
  • Apr 4, 2013 8:35am Apr 4, 2013 8:35am
Quoting Bocephus
I said this last week and still think we go lower first

I still see 1.29 before down. Did not break 12750 so C is still possible.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #42,006
  • Apr 4, 2013 8:37am Apr 4, 2013 8:37am
ECB President Mario Draghi used the words “monitoring very closely” in regards to the economic situation, that has deteriorated. This possible hint of a rate cut in May or June sent the euro plunging down towards the low support line of 1.2750. Draghi also cast a bit of doubt on the hopes for a recovery in H2.
Trade smaller than rational because the market is irrational...
  • #42,007
  • Apr 4, 2013 8:37am Apr 4, 2013 8:37am
Quoting Robby
Anything is possible but I think you have seen the lows unless NFP is a super big lie. You just saw the bottom...my opinion...
could be but, I have 2722 as my bottom
  • #42,008
  • Apr 4, 2013 8:38am Apr 4, 2013 8:38am
EURUSD at resistance line from the chart i just posted (former support line now res)
Trade smaller than rational because the market is irrational...
  • #42,009
  • Apr 4, 2013 8:39am Apr 4, 2013 8:39am
God this market's making me sea sick.
I operate with clear definite rules, if I break them I lose BIG!
  • #42,010
  • Apr 4, 2013 8:39am Apr 4, 2013 8:39am
Quoting Mr. Scott
I still see 1.29 before down. Did not break 12750 so C is still possible.
AGREED Mr. Scott
Trade smaller than rational because the market is irrational...
  • #42,011
  • Apr 4, 2013 8:39am Apr 4, 2013 8:39am
Well we are at the line that it came through on the chart someone posted...so here is were all the shorts will pile in to try and take it down their...
Quoting Bocephus
could be but, I have 2722 as my bottom
  • #42,012
  • Apr 4, 2013 8:41am Apr 4, 2013 8:41am
good
most of us making pips here.

happy to hear that
  • #42,013
  • Apr 4, 2013 8:42am Apr 4, 2013 8:42am
My long is looking good. typical reaction to presser so far +34 will let it ride the 5 SMA on the 10M or bail of the RSI3 drops below 50

I used to use RSI 5 but read a small PDF on ConnersRSI. Can upload it if anyone is interested
Trade smaller than rational because the market is irrational...
  • #42,014
  • Apr 4, 2013 8:43am Apr 4, 2013 8:43am
done for today (maybe) tp 2810
  • #42,015
  • Apr 4, 2013 8:44am Apr 4, 2013 8:44am
Quoting stevewalker
good most of us making pips here. happy to hear that
Had the -32pips last night, here is my change of thinking...
Attached Image (click to enlarge)
Click to Enlarge Name: 4hchart.jpg Size: 296 KB
  • #42,016
  • Apr 4, 2013 8:44am Apr 4, 2013 8:44am
I would like to see it...interesting in how this group in here can scalp with such success...this should be renamed the eur/usd scalping
Quoting EuroTraderJD
My long is looking good. typical reaction to presser so far +34 will let it ride the 5 SMA on the 10M or bail of the RSI3 drops below 50 I used to use RSI 5 but read a small PDF on ConnersRSI. Can upload it if anyone is interested
  • #42,017
  • Apr 4, 2013 8:46am Apr 4, 2013 8:46am
happens migs
we all had loss still having & will have

bounce failed & turned
now its @ 2850
weird

Quoting MeInGraySuit
Had the -32pips last night, here is my change of thinking... {image}
  • #42,018
  • Apr 4, 2013 8:47am Apr 4, 2013 8:47am
woohoo!
The world you desire can be won. It exists.. it is real.. it is possible..
  • #42,019
  • Apr 4, 2013 8:47am Apr 4, 2013 8:47am
So far looking like the extended B wave zig zag
  • #42,020
  • Apr 4, 2013 8:47am Apr 4, 2013 8:47am
Out of existing long I had @58 for +9 ITM on the long @1.2785 +68
Trade smaller than rational because the market is irrational...
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