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EURUSD

  • #801,541
  • May 24, 2013 9:23am May 24, 2013 9:23am
This open level has been tough all day to break
  • #801,542
  • May 24, 2013 9:26am May 24, 2013 9:26am
Quoting saidfred
Gatornia may i ask you as today i make a big maistake do you have any advice for a new trader - i thought to sell the euro and now i not so sure . thanks Freddie

u should have sold. close to 2997.. set stops and tp . and walked away.
those who can, do. those who cant, talk about those who can
  • #801,543
  • May 24, 2013 9:27am May 24, 2013 9:27am
Quoting Mr Hatch
have a nice weekend. watch 2954.2 && 2919.4
They are sneaking.
  • #801,544
  • May 24, 2013 9:30am May 24, 2013 9:30am
Quoting Bocephus
This open level has been tough all day to break

you dont say
Attached Image (click to enlarge)
Click to Enlarge Name: usdx cam.PNG Size: 18 KB
those who can, do. those who cant, talk about those who can
  • #801,545
  • Edited 9:41am May 24, 2013 9:30am | Edited 9:41am
Market become very cold at this weekend , not so willing more down !! ok , will watch 2900 , 2875 & 80 before 2833 still , enough time still there .
gu took another spike up towards 5157 with hit 1 pending order , scalping .
gold broken 1388 , now need 84 >77 to break , then 68 to go .

fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 28 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #801,546
  • May 24, 2013 9:32am May 24, 2013 9:32am
closed that long for a +10 scalp.

I'm done for the week, gonna enjoy the long weekend happy memorial day for all of you that are American.
  • #801,547
  • May 24, 2013 9:38am May 24, 2013 9:38am
Quoting lolygagv2
{quote} Ok I looked at your chart, I see what you're looking at. It's basically a "chop zone" break out in my layman's term. Yes, it's potential, and this potential is what'll keep the trade moving. I am cautious of being short here, although the resistance at 1.30 has held remarkably and if people are indeed accumulating shorts up there.....with a stop loss at 1.3050......Makes sense. Yet the other side is......we'll never get back there, and all the longs entering here, will get obliterated down to 1.27 or less.
yes, your "chop zone" is basically the S/T inter-market lead/lag play between EURUSD+GBPUSD+EURGBP+EURJPY pairs with EURUSD being whipsawed by the strategic maneuvering between GBPUSD & EURGBP..
RR wise, IMO some M/T money are scaling in at these levels while pikers & S/T momentum types are looking for 1.2750 & 1.2650 as in April..
One or both side of the opposing 1.30/1.28 camps need to say "uncle" to get us out of this S/T "chop zone"..
  • #801,548
  • May 24, 2013 9:40am May 24, 2013 9:40am
Long again for the third time since 90 minutes, every time just a few pips but it adds up.
7 + 9 + now this time = probably 25, added to what I made earlier today makes 117 pips in 12 hours.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,549
  • May 24, 2013 9:40am May 24, 2013 9:40am
sos.. closed some S .. add at 34/59
those who can, do. those who cant, talk about those who can
  • #801,550
  • May 24, 2013 9:44am May 24, 2013 9:44am
Quoting KillerWhale
Long again for the third time since 90 minutes, every time just a few pips but it adds up.7 + 9 + now this time = probably 25, added to what I made earlier today makes 117 pips in 12 hours.

Good scalping , so can have another 26-30 pips at price 2900 ( better say 2904/8)bounce , take care .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 28 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #801,551
  • May 24, 2013 9:46am May 24, 2013 9:46am
Just woke up and nothing happened in the mean time as expected. NY did their new Low per my rule No 1 and so I think trading's over. Have a great one.
  • #801,552
  • May 24, 2013 9:46am May 24, 2013 9:46am
buy 1.29054 6 pip sl
  • #801,553
  • May 24, 2013 9:50am May 24, 2013 9:50am
Quoting Bookman
buy 1.29054 6 pip sl
It never hit 2905???
  • #801,554
  • May 24, 2013 9:55am May 24, 2013 9:55am
Quoting Bookman
buy 1.29054 6 pip sl
Where did you get 05?
Never give up!!
  • #801,555
  • May 24, 2013 9:58am May 24, 2013 9:58am
Quoting Bocephus
{quote} It never hit 2905???
Nobody knows !! market can do anything , just watch .I see sudden spike now , ok .

yes some short cut formula may come action 2912 bounce again 2924/6 before hit & break to go 2900 with strong hand , not that strong soft one will do go further down at this weekend.
fontu

sorry actually misinterpreted perhaps , 2905 not reached yet , ok pending one then .
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm1.png Size: 25 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #801,556
  • May 24, 2013 10:02am May 24, 2013 10:02am
Quoting gatorinla
sos.. closed some S .. add at 34/59

tweak entry to 2940/58
those who can, do. those who cant, talk about those who can
  • #801,557
  • May 24, 2013 10:02am May 24, 2013 10:02am
Quoting Bocephus
{quote} It never hit 2905???
He's just trying to impress, it didn't get lower than 1.2909, several brokers.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,558
  • May 24, 2013 10:07am May 24, 2013 10:07am
Quoting sidhujag
sell all jpy pairs be prepared for a slaughter!
rollercoaster ready to go
  • #801,559
  • May 24, 2013 10:12am May 24, 2013 10:12am
Hmm, the market has moved roughly 100 pips up and down on EURUSD today, pretty typical. I'm not sure what the probability is, maybe 20%? That we'll get back below 1.29 today and take out some Long stops.

There's no new events coming up, and it's a long holiday weekend in multiple countries, US, UK etc....We could see a bounce from the shorts, selling, or worse, no movement at all, but why would people decide to aggressively give up their longs today? It's more likely the shorts, will have had it I think? Else either way it's likely we'll be stuck going into the weekend between 1.289 and 1.29

Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 25 KB


.I think I better be content with not only recovering my initial losses (from getting chopped up during Bernanke's speech mid week) but also posting a profit, and hold onto it for some ammo next week.
  • #801,560
  • May 24, 2013 10:16am May 24, 2013 10:16am
Quoting tomspin
{quote} I drink this little fella {image}
isn't that one alcohol free?
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