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EURUSD

  • #789,701
  • Apr 18, 2013 9:30am Apr 18, 2013 9:30am
somebody wants to sell it high. I think today's rumour may not be a rumour after all. if it has got to do with a french bank
  • #789,702
  • Apr 18, 2013 9:30am Apr 18, 2013 9:30am
Well folks, we're back at 44 one of the numbers from the previous days. Who's long?

Closed EJ for +50 but it's retracing to the key level of 128.05 or close enuf to DPP.
This is all on 5M so not sure yet if it was a news spike or not
A pip is only worth it if you know how much you risked to earn it
  • #789,703
  • Apr 18, 2013 9:31am Apr 18, 2013 9:31am
Quoting kuroro001
Because your trade was purely based on a news. And you can't guessed which way pair is going to go based on a US news....good or bad news, the same news over a period of time can lead to a different reaction because of the Macro situation. Trade your chart mate, not the news.
Yes you right. Thank u for give me morale.
  • #789,704
  • Apr 18, 2013 9:31am Apr 18, 2013 9:31am
Long @ 56

Reason:

PA above 5 SMA and 15 SMA

RSI3 above 50
Trade smaller than rational because the market is irrational...
  • #789,705
  • Apr 18, 2013 9:31am Apr 18, 2013 9:31am
shit that spike....
  • #789,706
  • Apr 18, 2013 9:31am Apr 18, 2013 9:31am
Quoting attila
L at BE. whatever it wants to do now.
Well done!

Should have taken a long as well after clearing my shorts...too late!
COT: The precious data ignored
  • #789,707
  • Apr 18, 2013 9:33am Apr 18, 2013 9:33am
its going for 1.31 like it should be.
"You're solid gold, see you in hell"
  • #789,708
  • Apr 18, 2013 9:34am Apr 18, 2013 9:34am
Coordinated ramp in EURUSD and USDJPY
Trade smaller than rational because the market is irrational...
  • #789,709
  • Apr 18, 2013 9:35am Apr 18, 2013 9:35am
damm crazy day. from negative to positive to negative again shit
  • #789,710
  • Apr 18, 2013 9:35am Apr 18, 2013 9:35am
Quoting kuroro001
Well done! Should have taken a long as well after clearing my shorts...too late!

took 50 pips here for good measure. will re enter.
  • #789,711
  • Apr 18, 2013 9:36am Apr 18, 2013 9:36am
Quoting Mr_Black
My stop was hit , I enter again short 3062 stop@3078 limit@ 2960....if it's what it looks like , My bet is that the EUR. will tank to 2960.... {image}
My stop is hit ....done for today...
  • #789,712
  • Apr 18, 2013 9:36am Apr 18, 2013 9:36am
some algos just have just determined that its cool to draw these zigzag patterns back and forth. Some others joined in so we have a bit of demented swinging
  • #789,713
  • Apr 18, 2013 9:36am Apr 18, 2013 9:36am
Quoting hadox
SL+5..
survied by 0.x of a pip, anyway euro limit removed, looking for 1.533x and 1.536x in cable..
Patience is a virtue...
  • #789,714
  • Apr 18, 2013 9:36am Apr 18, 2013 9:36am
1.3125
  • #789,715
  • Apr 18, 2013 9:37am Apr 18, 2013 9:37am
bang!
Sell is risky now
You cannot learn better without losing
  • #789,716
  • Apr 18, 2013 9:37am Apr 18, 2013 9:37am
Faded this move. Took a risk here but ITM already.

Short @ 75
Trade smaller than rational because the market is irrational...
  • #789,717
  • Apr 18, 2013 9:39am Apr 18, 2013 9:39am
Quoting EuroTraderJD
Long @ 56 Reason: PA above 5 SMA and 15 SMA RSI3 above 50
Also long @63
  • #789,718
  • Apr 18, 2013 9:39am Apr 18, 2013 9:39am
reasons I took the L:

from 8:30 to 9:00 eastern should be no trade zone (unless you are in one already). that's when the fuck with your head.
then there is the fake NY likes to do. this one was pretty obvious.. NY+L made a new and fast session low and it stopped dead at support
my take is the up move should continue into the fix (20 min from now) or L close

that being said, there is no indicator that will signal what I've just said.
  • #789,719
  • Apr 18, 2013 9:41am Apr 18, 2013 9:41am
Quoting forex4india1
somebody wants to sell it high. I think today's rumour may not be a rumour after all. if it has got to do with a french bank
i am planning to sell at 3100 if it is able to clear 3070 level ..
  • #789,720
  • Apr 18, 2013 9:42am Apr 18, 2013 9:42am
Quoting attila
reasons I took the L: from 8:30 to 9:00 eastern should be no trade zone (unless you are in one already). that's when the fuck with your head. then there is the fake NY likes to do. this one was pretty obvious.. NY+L made a new session low and it stopped dead at support my take is the up move should continue into the fix (20 min from now) or L close that being said, there is no indicator that will signal what I've just said.
I think I get what you mean bro. What time frame are you looking at this on? 60M.
It does seem that NY close is more significant than NY open.... in that Open does mess with your mind.
A pip is only worth it if you know how much you risked to earn it
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