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  • #927,841
  • Oct 3, 2014 9:32am Oct 3, 2014 9:32am
Not bad at all... could have had a lot more (TP at 1.257) but I'm happy. I'll stop trading for today and enjoy the beginning of a great weekend!
  • #927,842
  • Oct 3, 2014 9:35am Oct 3, 2014 9:35am
Quoting poseikwame
{quote} You sell selling eurusd?...
Yes i was
  • #927,843
  • Oct 3, 2014 9:39am Oct 3, 2014 9:39am
With today's economic data the USD keeps boiling; just like water... at some point, it'll be nothing left to boil.
Trade, don't bet.
  • #927,844
  • Oct 3, 2014 9:39am Oct 3, 2014 9:39am
Quoting NoCoolNick
{quote} Added a couple from 2505, think we are close if not done..
Hope you are scalping. It is not going above 2525 without further lower.
  • #927,845
  • Oct 3, 2014 9:42am Oct 3, 2014 9:42am
The non-farm payrolls certainly had an effect and EUR/USD fell another 70 pips today. The bearish trend shows no signs of exhaustion and if you look at the monthly filter chart the previous lows are at 1.2030 and 1.1870 so I wouldn't be surprised if it's headed for those targets, though I don't think it will happen any time soon.
  • #927,846
  • Oct 3, 2014 9:44am Oct 3, 2014 9:44am
what an action packed afternoon. I have been accumulating longs since 2540 to 2505.
  • #927,847
  • Oct 3, 2014 9:44am Oct 3, 2014 9:44am
fibo and suport
Attached Image (click to enlarge)
Click to Enlarge Name: edd1.gif Size: 218 KB
  • #927,848
  • Oct 3, 2014 9:46am Oct 3, 2014 9:46am
bearish still eurusd?
  • #927,849
  • Oct 3, 2014 9:47am Oct 3, 2014 9:47am
Quoting MaxDoom
{quote} gambling not trading
Depends good sir. Holding a short on Eur/usd is not gambling, just smart trading since this has almost certainly not found the bottom yet.

A gap down would be a win

no gap would more than likely be a win eventually next week

A gap up would almost certainly close fairly quickly (as most gaps tend to do)

So the question is, do you want to miss out on a potential 20 pip gap at open next week?
  • #927,850
  • Oct 3, 2014 9:47am Oct 3, 2014 9:47am
Quoting Z3iz3i
{quote} 66 would likely be the sign it would break even lower or an optimal long opportunity. Below 60 would be break.
Hopefully, it will range their next week
  • #927,851
  • Oct 3, 2014 9:47am Oct 3, 2014 9:47am
Quoting poseikwame
bearish still eurusd?
only bearish
  • #927,852
  • Oct 3, 2014 9:48am Oct 3, 2014 9:48am
Quoting Dano12
{quote} only bearish
how much further you think it's going to fall?
  • #927,853
  • Oct 3, 2014 9:52am Oct 3, 2014 9:52am
Cable needs to spike into extreme around 1.5925 or 28/38 for eurusd to spike down to test 77/83-87.

Spike lower likely indicates that some other major pairs have breakouts downside.
They think they are smarter than I am.
  • #927,854
  • Oct 3, 2014 9:56am Oct 3, 2014 9:56am
Quoting Magicmen
{quote} Hope you are scalping. It is not going above 2525 without further lower.
We shall see.. I have 2480 also as potential, but by the looks of the fighting going on here, could be we don't get 2480. I have lookad at 2500 for a couple of days now.. if we are to get some kind of retrace, this level is the biggest candidate to provide the launchpad...
I don't even have a cool signature
  • #927,855
  • Oct 3, 2014 9:56am Oct 3, 2014 9:56am
I think we are at good support now in the 1.25 area. Support base built in August 2013.
  • #927,856
  • Oct 3, 2014 9:57am Oct 3, 2014 9:57am
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  • #927,857
  • Oct 3, 2014 10:00am Oct 3, 2014 10:00am
Quoting NoCoolNick
{quote} We shall see.. I have 2480 also as potential, but by the looks of the fighting going on here, could be we don't get 2480. I have lookad at 2500 for a couple of days now.. if we are to get some kind of retrace, this level is the biggest candidate to provide the launchpad...
there is a big expiry for monday at those levels. In all terms it would be protected
  • #927,858
  • Oct 3, 2014 10:00am Oct 3, 2014 10:00am
Quoting thelostpip
{quote} Depends good sir. Holding a short on Eur/usd is not gambling, just smart trading since this has almost certainly not found the bottom yet. A gap down would be a win no gap would more than likely be a win eventually next week A gap up would almost certainly close fairly quickly (as most gaps tend to do) So the question is, do you want to miss out on a potential 20 pip gap at open next week?
nothing wrong with holding....

but holding because you hope there will be a gap is gambling
  • #927,859
  • Oct 3, 2014 10:01am Oct 3, 2014 10:01am
We touched 1.25 and since everyone and their mom will short EU now and add to shorts as we go up, I will say 1.3250 is next.
Everyone can see the chart, but only a few can actually read it.
  • #927,860
  • Oct 3, 2014 10:08am Oct 3, 2014 10:08am
Quoting OnlineAddict
We touched 1.25 and since everyone and their mom will short EU now and add to shorts as we go up, I will say 1.3250 is next.
Don't speculate trade with surety.
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