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  • #790,021
  • Apr 19, 2013 5:55am Apr 19, 2013 5:55am
Quoting gaurav.132
i thought that Japan will be criticized for policy easing i.e the reason i did not buy the dip of 95.xx level but now i read that everyone is supporting japan god knows where this crazy pair will head . euro can be worth waiting if one goes wrong because it gives both side movement but rally in JPY last for months
Yep, I agree. Many thought Japans will be criticized at G20. But dont you forget part of their easing program is to buy 120 Tr Yen worth of Treasuries per year. So they have very strong support from US.

Regarding Eur, yea, worth waiting now. Imo we are in chop zone and be swinging up and down for whole next week.
"I know one thing, that I know nothing." Sokrates
  • #790,022
  • Apr 19, 2013 5:59am Apr 19, 2013 5:59am
Quoting Tom_D_Trader
Yep, I agree. Many thought Japans will be criticized at G20. But dont you forget part of their easing program is to buy 120 Tr Yen worth of Treasuries per year. So they have very strong support from US. Regarding Eur, yea, worth waiting now. Imo we are in chop zone and be swinging up and down for whole next week.
lets see what's next waiting for all traders anyways good luck bro its friday and i avoid trading on friday when there is no data release .
  • #790,023
  • Apr 19, 2013 6:08am Apr 19, 2013 6:08am
anyone got any trades running, I think if cable can get through 40 might be chance for handful pips she tapping now
If you are new to Forex? Say Goodbye to your account!!
  • #790,024
  • Apr 19, 2013 6:12am Apr 19, 2013 6:12am
I have opened SELL @3095 SL@3104 TP@3035.
Is it good idea to hold it or better close before BUBA speak?
  • #790,025
  • Apr 19, 2013 6:14am Apr 19, 2013 6:14am
Quoting KiwiTrada
anyone got any trades running, I think if cable can get through 40 might be chance for handful pips she tapping now
got a sell at 3080 hope market doesn't disappoint me ..
  • #790,026
  • Apr 19, 2013 6:16am Apr 19, 2013 6:16am
I have just those UJs. Otherwise flat across the board. Damn Kiwi, you made me think of another entry now. I am quite very bearish for GBP and yea ,54 can provide nice entry. I really dont understand to this pair, but dont think it can break up and result in short squeeze. I would prefere to short this area. Which would kinda coincide with my plan to reach ,297 on EU.

Btw, UJ took of a bit.
"I know one thing, that I know nothing." Sokrates
  • #790,027
  • Apr 19, 2013 6:17am Apr 19, 2013 6:17am
Quoting grzecho
I have opened SELL @3095 SL@3104 TP@3035. Is it good idea to hold it or better close before BUBA speak?
in the present scenario of EU getting out of your trades with small profits is better than making losses ..
  • #790,028
  • Apr 19, 2013 6:18am Apr 19, 2013 6:18am
EU H1 is sleeping. If it falls to 3075 I'll short. If it goes up to 3105 I'll go long. 50-50 but with the trend = 25-75, simple as that!
back... and more dangerous.
  • #790,029
  • Apr 19, 2013 6:18am Apr 19, 2013 6:18am
Quoting gaurav.132
got a sell at 3080 hope market doesn't disappoint me ..

yep I think I will call it a week, too tired, gl trades
If you are new to Forex? Say Goodbye to your account!!
  • #790,030
  • Apr 19, 2013 6:19am Apr 19, 2013 6:19am
Quoting grzecho
I have opened SELL @3095 SL@3104 TP@3035. Is it good idea to hold it or better close before BUBA speak?
I have the same dilema. Sell @3090, SL @3098. I think I will wait for the speech, maybe I will lower my SL.
  • #790,031
  • Apr 19, 2013 6:21am Apr 19, 2013 6:21am
Quoting KiwiTrada
yep I think I will call it a week, too tired, gl trades
dmm tight range i feel like scalping for 3-5 pips rather than just sitting idle .....i did the same 3 hrs before and it brought me nice 30 pips within 30 mins .
  • #790,032
  • Apr 19, 2013 6:21am Apr 19, 2013 6:21am
EUR/USD Tech Trader

SHORT 1.3067

Consolidates below yday's top and recovery action is limited for now. That said bearish momentum has waned so caution advised. Short trades established in Asia targeting 1.2750 lows. We have lowered the stop to the key 50% fibo to reduce risk on the trade. Day indicators show room to fall.
Trade smaller than rational because the market is irrational...
  • #790,033
  • Apr 19, 2013 6:22am Apr 19, 2013 6:22am
Quoting grzecho
I have opened SELL @3095 SL@3104 TP@3035. Is it good idea to hold it or better close before BUBA speak?
sl to be
better safe than sorry
Look like a girl, act like a lady, think like a man and work like a dog.
  • #790,034
  • Apr 19, 2013 6:30am Apr 19, 2013 6:30am
JK on FX

Short video and commentary

http://www.jkonfx.com/
Trade smaller than rational because the market is irrational...
  • #790,035
  • Apr 19, 2013 6:30am Apr 19, 2013 6:30am
Quoting EuroTraderJD
EUR/USD Tech Trader SHORT 1.3067 Consolidates below yday's top and recovery action is limited for now. That said bearish momentum has waned so caution advised. Short trades established in Asia targeting 1.2750 lows. We have lowered the stop to the key 50% fibo to reduce risk on the trade. Day indicators show room to fall.
What are the day indicators that show room to fall?
  • #790,036
  • Apr 19, 2013 6:35am Apr 19, 2013 6:35am
Quoting eszakacs
I have the same dilema. Sell @3090, SL @3098. I think I will wait for the speech, maybe I will lower my SL.
Ok, now SL at BE.
  • #790,037
  • Apr 19, 2013 6:36am Apr 19, 2013 6:36am
what happen??
  • #790,038
  • Apr 19, 2013 6:37am Apr 19, 2013 6:37am
Just woke up. Indecision time.
Attached Image (click to enlarge)
Click to Enlarge Name: stuckh4eu.gif Size: 20 KB
Time turns trend. - W.D. Gann
  • #790,039
  • Apr 19, 2013 6:38am Apr 19, 2013 6:38am
Quoting Blajda
what happen??
German Buba President Weidmann Speaks
Look like a girl, act like a lady, think like a man and work like a dog.
  • #790,040
  • Apr 19, 2013 6:38am Apr 19, 2013 6:38am
Silly chart again. But there is this micropattern on m5. Btw, that TL is actually not there, as it was drawn just as pottential bullish flag on daily. Kinda funny it holds and makes this minitrianguloid. If it works, it leads us to 3115.

Haha, and before I finished text, it broke down, so currently it looks like miniflag. But whatever , its just nanopattern. 3115 still valid.

edit: 4 miniflag. But anyway, these are really silly patterns.
edit2: did I say bearish flag? Lol.
Attached Image (click to enlarge)
Click to Enlarge Name: m5.gif Size: 23 KB
"I know one thing, that I know nothing." Sokrates
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