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EURUSD

  • #890,461
  • Apr 16, 2014 2:56am Apr 16, 2014 2:56am
Support holds.... to clear 3840, then 3870...
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  • #890,462
  • Apr 16, 2014 2:56am Apr 16, 2014 2:56am
Quoting nathaniel
{quote} Right, that's what I thought. Then why do people still wanna trade "gaps"? Gap or not, 1.38 holds well for a long. Cautious longs though.
Well gap trading is s.th like a phenomen^^
Statistics say that gaps will be closed within a couple of hours-days. Anyway there've been gaps that hold quiet long. I do remember that we had traders in here paying a 600 pip drawdown for a 50 pip gap...

So it's up to anybody herself.

J
Hero calls followed by margin calls...
  • #890,463
  • Apr 16, 2014 3:04am Apr 16, 2014 3:04am
Quoting PhAnTi'
{quote} Well gap trading is s.th like a phenomen^^ Statistics say that gaps will be closed within a couple of hours-days. Anyway there've been gaps that hold quiet long. I do remember that we had traders in here paying a 600 pip drawdown for a 50 pip gap... So it's up to anybody herself. J
lol
always wondered why people are so big on this gap trading concept until i found out that the gap is not real. very broker has a different open time, which results in a different gap size.
  • #890,464
  • Apr 16, 2014 3:08am Apr 16, 2014 3:08am
Quoting PhAnTi'
{quote} Well gap trading is s.th like a phenomen^^ Statistics say that gaps will be closed within a couple of hours-days. Anyway there've been gaps that hold quiet long. I do remember that we had traders in here paying a 600 pip drawdown for a 50 pip gap... So it's up to anybody herself. J
Lol
I remember Gator told us some time ago that a gap was closed in ucad after 14 years!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #890,465
  • Apr 16, 2014 3:10am Apr 16, 2014 3:10am
The pump in GU before the news is not letting a lot of space up...nor good reward for longs before it
COT: The precious data ignored
  • #890,466
  • Apr 16, 2014 3:18am Apr 16, 2014 3:18am
I'm on my way to 1.36xx, if u wish u can ride with me. GL
  • #890,467
  • Apr 16, 2014 3:21am Apr 16, 2014 3:21am
Quoting KillerWhale
I remember Gator told us some time ago that a gap was closed in ucad after 14 years!
They do say that patience is required in forex.
  • #890,468
  • Apr 16, 2014 3:22am Apr 16, 2014 3:22am
Quoting noom0121
I'm on my way to 1.36xx, if u wish u can ride with me. GL
My pending short at 3868
  • #890,469
  • Apr 16, 2014 3:22am Apr 16, 2014 3:22am
Absolutely Correct ​
  • #890,470
  • Apr 16, 2014 3:28am Apr 16, 2014 3:28am
Quoting kuroro001
The pump in GU before the news is not letting a lot of space up...nor good reward for longs before it
I am long GJ from 171.390
Every Data release has its own rewards
A good trader follows his rules, but great trader knows when to break them
  • #890,471
  • Apr 16, 2014 3:35am Apr 16, 2014 3:35am
Quoting ill_be_back
{quote} I am long GJ from 171.390 Every Data release has its own rewards
Out
A good trader follows his rules, but great trader knows when to break them
  • #890,472
  • Apr 16, 2014 3:38am Apr 16, 2014 3:38am
Quoting PipsMaster23
{quote} Im long Euro since 1.3670 and GBP 1.6560 , my add ons are small increments and the emergency stop I'm using will still have me in profit if ALL are stopped out. But as i said and have stated in posts before, there are still no valid reasons to change my medium term view on these 2 pairs, i still see the moves as correctional and NOT trend reversing, for now anyway and will keep this view till certain levels are validly broken.

All i need now is EURUSD to act the same as GBP and it going to be a wonderful Easter.. 1.6850 coming soon and hopefully EUR can arise above 1.3850 and re attack the 1.39 levels.

Happy Trading and Green pips to ALL
Cheers!!
  • #890,473
  • Apr 16, 2014 3:41am Apr 16, 2014 3:41am
if get a different CPI than forecasted it would be rock & roll
  • #890,474
  • Apr 16, 2014 3:43am Apr 16, 2014 3:43am
Waiting for a move up to short.

I would only buy inside 1.36xx area...RR is getting sucky up there
COT: The precious data ignored
  • #890,475
  • Apr 16, 2014 3:46am Apr 16, 2014 3:46am
What the hell??????????????:
http://prntscr.com/3agtrx

Would it be possible history data got messed up or something, i have no idea whats going on but EU is certainly not exchanging at 1.35
  • #890,476
  • Apr 16, 2014 3:46am Apr 16, 2014 3:46am
Quoting Firstboss
Sunday gaps still have to close on EUR/USD (1.3880) and EUR/JPY (141.03) before any serious downward trend is possible. I am not saying it can't spike briefly, but those are just buying opportunities. Perfect short entry at the gap close
Closed my long on EUR/JPY overnight (Sunday gap closure), still riding the last remaining Sunday gap closure - long EUR/USD till 1.3880's
down trend is most likely to form after touching that level.
"Luxury is one of the basic needs", (c), Don Corleone
  • #890,477
  • Apr 16, 2014 3:47am Apr 16, 2014 3:47am
Quoting kuroro001
Waiting for a move up to short. I would only buy inside 1.36xx area...RR is getting sucky up there
it seems its going higher and you will get your chance
since i couldn't wait enough im already in the red
  • #890,478
  • Apr 16, 2014 3:53am Apr 16, 2014 3:53am
EURUSD will reach 1.40 + levels im targeting 1.4250 and GBPUSD will get to 1.70 + ALL before the next NFP... Thereafter and once these levels are reached only then i think we will see a STRONG correction and perhaps maybe a reversal.... but till then it has to be LONG on both these pairs!!!!
Cheers!!
  • #890,479
  • Apr 16, 2014 3:55am Apr 16, 2014 3:55am
Quoting PipsMaster23
EURUSD will reach 1.40 + levels im targeting 1.4250 and GBPUSD will get to 1.70 + ALL before the next NFP... Thereafter and once these levels are reached only then i think we will see a STRONG correction and perhaps maybe a reversal.... but till then it has to be LONG on both these pairs!!!!
Thank you Soros for the call, i'm going all in Long
COT: The precious data ignored
  • #890,480
  • Apr 16, 2014 4:01am Apr 16, 2014 4:01am
Quoting kuroro001
{quote} Thank you Soros for the call, i'm going all in Long
to be honest I hate trading EU these days. Other pairs moving a lot more... Wanna have this gap closed now and fine...

Lets c
Hero calls followed by margin calls...
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