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EURUSD

  • #923,141
  • Sep 11, 2014 2:24pm Sep 11, 2014 2:24pm
Where is draghi?
You cannot learn better without losing
  • #923,142
  • Sep 11, 2014 2:24pm Sep 11, 2014 2:24pm
Quoting forexings
Where is draghi?
Done I think ... no effect....
I'll pick up the crumbs don't need the whole pie
  • #923,143
  • Sep 11, 2014 2:25pm Sep 11, 2014 2:25pm
Quoting forexings
Where is draghi?
Holding his short from 2950 and laughing how he fooled people into buying.
Everyone can see the chart, but only a few can actually read it.
  • #923,144
  • Sep 11, 2014 2:28pm Sep 11, 2014 2:28pm
What an anti-climax...
  • #923,145
  • Sep 11, 2014 2:29pm Sep 11, 2014 2:29pm
Quoting ExForX
What an anti-climax...

The Eurogroup meetings tomorrow will produce tons of climax I'm sure.
  • #923,146
  • Sep 11, 2014 2:33pm Sep 11, 2014 2:33pm
maybe this is it ?
I'll pick up the crumbs don't need the whole pie
  • #923,147
  • Sep 11, 2014 2:35pm Sep 11, 2014 2:35pm
Quoting Quickiepip
maybe this is it ?
Yes, that is it. Small pushdown and immidiately pushup again. Better no trade now or buy until around 1.2951
  • #923,148
  • Sep 11, 2014 2:44pm Sep 11, 2014 2:44pm
Quoting investdad123
{quote} Yes, that is it. Small pushdown and immidiately pushup again. Better no trade now or buy until around 1.2951
We might not see 2951 again, lets see how high asians can push it up, I will be selling above 2940.
Everyone can see the chart, but only a few can actually read it.
  • #923,149
  • Sep 11, 2014 2:46pm Sep 11, 2014 2:46pm
Quoting OnlineAddict
{quote} We might not see 2951 again, lets see how high asians can push it up, I will be selling above 2940.
My target for long EURUSD wouldn't be much higher than that 2951 level. Let's see how D1 candle closes for further reveal moves on Friday
  • #923,150
  • Sep 11, 2014 2:47pm Sep 11, 2014 2:47pm
Quoting investdad123
{quote} My target for long EURUSD wouldn't be much higher than that 2951 level. Let's see how D1 candle closes for further reveal moves on Friday
I wouldn't risk a potential 100-150 pip drawdown to target 30 pips. Better wait for asia and get out if bulls fail.
Everyone can see the chart, but only a few can actually read it.
  • #923,151
  • Sep 11, 2014 2:48pm Sep 11, 2014 2:48pm
Quoting OnlineAddict
{quote} We might not see 2951 again, lets see how high asians can push it up, I will be selling above 2940.
Thanks OnlineAddict.. got a few decent pips selling 2950... but I have a mistake on board..... short 2904
I'll pick up the crumbs don't need the whole pie
  • #923,152
  • Sep 11, 2014 2:52pm Sep 11, 2014 2:52pm
Quoting Quickiepip
{quote} Thanks OnlineAddict.. got a few decent pips selling 2950... but I have a mistake on board..... short 2904
Even if we go above 1.3 from here, I think your short will workout sooner rather than later. If you can take some dradown, of course. But we might also drop tomorrow, anyway, its always better to be in red while being with the trend, than against it. I would use SLs if I was you, though.
Everyone can see the chart, but only a few can actually read it.
  • #923,153
  • Sep 11, 2014 2:57pm Sep 11, 2014 2:57pm
Quoting OnlineAddict
{quote} Even if we go above 1.3 from here, I think your short will workout sooner rather than later. If you can take some dradown, of course. But we might also drop tomorrow, anyway, its always better to be in red while being with the trend, than against it. I would use SLs if I was you, though.
I guess I could close it out now, and save myself the stress and swap fee.
I'll pick up the crumbs don't need the whole pie
  • #923,154
  • Sep 11, 2014 2:58pm Sep 11, 2014 2:58pm
Quoting Quickiepip
{quote} I guess I could close it out now, and save myself the stress and swap fee.
If this is going up, asians will re-test the lows near 29, I think. But yes, better to be out -10 than wake up to a 100 pip drawdown. You can always short from higher and then when price is back to 2904, you will triple the 12 pips you just lost.

Btw current H4 is brutal, this is just asking for a break to the downside later tonight.
Everyone can see the chart, but only a few can actually read it.
  • #923,155
  • Sep 11, 2014 3:08pm Sep 11, 2014 3:08pm
Quoting OnlineAddict
{quote} Holding his short from 2950 and laughing how he fooled people into buying.
Well said. lol
You cannot learn better without losing
  • #923,156
  • Sep 11, 2014 3:12pm Sep 11, 2014 3:12pm
Quoting OnlineAddict
{quote} If this is going up, asians will re-test the lows near 29, I think. But yes, better to be out -10 than wake up to a 100 pip drawdown. You can always short from higher and then when price is back to 2904, you will triple the 12 pips you just lost. Btw current H4 is brutal, this is just asking for a break to the downside later tonight.
You still HOPE for a test of 1.2900 but before that it needs to break the uptrendline, as long as it holds trend is up.

Carefull new poll about scot indep released in less than an hour.
  • #923,157
  • Sep 11, 2014 3:14pm Sep 11, 2014 3:14pm
Quoting Imaywin
{quote} You still HOPE for a test of 1.2900 but before that it needs to break the uptrendline, as long as it holds trend is up. Carefull new poll about scot indep released in less than an hour.
What trend is up? On the 1 minute chart?
Everyone can see the chart, but only a few can actually read it.
  • #923,158
  • Sep 11, 2014 3:17pm Sep 11, 2014 3:17pm
Quoting OnlineAddict
{quote} What trend is up? On the 1 minute chart?
You won't see 1.29 anytime soon as long as that trendline holds on the H1.
  • #923,159
  • Sep 11, 2014 3:19pm Sep 11, 2014 3:19pm
Quoting OnlineAddict
{quote} What trend is up? On the 1 minute chart?
Oh you haven't heard of the mythical hourly trend line that's formed??

Here you go- in red.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-oanda-division1.png Size: 45 KB
  • #923,160
  • Sep 11, 2014 3:22pm Sep 11, 2014 3:22pm
Quoting Imaywin
{quote} You won't see 1.29 anytime soon as long as that trendline holds on the H1.
I can see 1.29 breaking within a few hours, but I might be wrong.

Pharm0r: I see, you mean the trendline that is simply screaming for a break downside?
Everyone can see the chart, but only a few can actually read it.
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