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EURUSD

  • #846,681
  • Oct 24, 2013 7:48am Oct 24, 2013 7:48am
Quoting ayodhya
True. So the lesson- dont jump into market as soon as the news released. It will burn you
I usually just delete SL if too close.
edit: UJ testing daily doji.
edit 4 mohan: Well this move was kinda lucky for me. Was expecting the opposite way . But imo neither unemployment numbers nor trade balance have changed significantly, so move could be caused by somenthing else. Anyway, partial TP, rest BE and going for lunch.
Cya later,
T
"I know one thing, that I know nothing." Sokrates
  • #846,682
  • Oct 24, 2013 7:50am Oct 24, 2013 7:50am
I thought so too. lost about 700usd
  • #846,683
  • Oct 24, 2013 7:51am Oct 24, 2013 7:51am
Quoting Tom_D_Trader
{quote} I usually just delete SL if too close. edit: UJ testing daily doji.
2 more news due in 10 mins , i have closed all usd trade (tiny bird in hand better than bird in bush )

edit : 1 news in 10 m other one 1:10
Mohan
  • #846,684
  • Oct 24, 2013 7:55am Oct 24, 2013 7:55am
Quoting mohan76
{quote} 2 more news due in 10 mins , i have closed all usd trade (tiny bird in hand better than bird in bush ) edit : 1 news in 10 m other one 1:10

good. will see, if the next news will favour usd, may be market will react in opposite way. so in both way most traders will loose their money by hitting SL. Market makers are very clever.
  • #846,685
  • Oct 24, 2013 7:56am Oct 24, 2013 7:56am
Quoting attila
trying a L here.
added but also ready to bail if it drops again.
  • #846,686
  • Oct 24, 2013 7:57am Oct 24, 2013 7:57am
3780 shall be broken to see further lows.
  • #846,687
  • Oct 24, 2013 7:59am Oct 24, 2013 7:59am
Quoting gsbharaj
wth market moved in the opposite way? i thought the news was bad for us
EUR went up slightly then dropped.

Same thing happened overnight on bad euro news, dropped, then rose.

No logic in the movements.
  • #846,688
  • Oct 24, 2013 8:03am Oct 24, 2013 8:03am
Quoting godim
{quote} looking for support from 3789 to 3791. {image}
opening exactly at 3789 this means - support

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 50 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #846,689
  • Oct 24, 2013 8:05am Oct 24, 2013 8:05am
Quoting attila
{quote} added but also ready to bail if it drops again.
took off the higher one, leaving the lower one run..
  • #846,690
  • Oct 24, 2013 8:06am Oct 24, 2013 8:06am
Quoting attila
{quote} took off the higher one, leaving the lower one run..

what a spike? reason??
  • #846,691
  • Oct 24, 2013 8:07am Oct 24, 2013 8:07am
and that's how it's done.
  • #846,692
  • Oct 24, 2013 8:07am Oct 24, 2013 8:07am
Quoting giveachance
{quote} what a spike? reason??
I don't know.. who cares about the reason?
  • #846,693
  • Oct 24, 2013 8:07am Oct 24, 2013 8:07am
Quoting giveachance
{quote} what a spike? reason??

too many weaker shorts
Mohan
  • #846,694
  • Oct 24, 2013 8:08am Oct 24, 2013 8:08am
Any body want my dolla ,pleez take my dolla.haaaaaahaaa lol
  • #846,695
  • Oct 24, 2013 8:09am Oct 24, 2013 8:09am
Quoting attila
{quote} I don't know.. who cares about the reason?
Flash Manufacturing PMI ..

THe number came out red
"It's the Margin, Stupid."
  • #846,696
  • Oct 24, 2013 8:09am Oct 24, 2013 8:09am
Good it's high...now give me a setup so i can short this bad girl
COT: The precious data ignored
  • #846,697
  • Oct 24, 2013 8:09am Oct 24, 2013 8:09am
screw it. flat for ny open.
  • #846,698
  • Oct 24, 2013 8:09am Oct 24, 2013 8:09am
trap. is it? it again reversed at 24. bastards they are going after the stops placed arnd 21
  • #846,699
  • Oct 24, 2013 8:10am Oct 24, 2013 8:10am
Quoting kuroro001
Good it's high...now give me a setup so i can short this bad girl

no matter what i will short it.
  • #846,700
  • Oct 24, 2013 8:10am Oct 24, 2013 8:10am
Quoting Vachus
{quote} Flash Manufacturing PMI .. THe number came out red

that was just a tag red. u cannot move markets 27 pips for one bad number
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