Chinook's EUR/USD (E/$)Mumblings

Discussion in 'Forex' started by chinook, Aug 16, 2004.

  1. My guess is that it's only a temporary correction, I'm long at 3357 after the bounce from the 50% retracement.
     
    #3401     Mar 15, 2005
  2. Stopped out, big number.
     
    #3402     Mar 15, 2005
  3. at breakeven or initial risk? You had 51 tick unrealized....

    Euro shows 2b reversal setup. Be interesting to see how it works out.
     
    #3403     Mar 15, 2005
  4. Yes, with some loss. Maybe I'll reenter if the opportunity presents itself, still see it going up.

    Around 90 with stoploss at 70 would be a good setup, but I'll wait to see if it bounces of the 85 level.
     
    #3404     Mar 15, 2005
  5. plan your trade, trade your plan :)
     
    #3405     Mar 15, 2005
  6. I had to dump a boatload of Euros on the way down after the figure. It really hurt to bite the bullet. I had a nice day working. In the short run, I think a lot of damage has been done. Everyone is expecting this EUR selloff to be temporary and as such, it may just extend a little further and a little deeper is my guess.
     
    #3406     Mar 15, 2005
  7. 2b never completed :)
     
    #3407     Mar 15, 2005
  8. I was asleep, so couldn't enter, would have been a good entry though :)

    http://img126.exs.cx/img126/4492/untitled0qa.png
     
    #3408     Mar 16, 2005
  9. #3409     Mar 16, 2005
  10. Seem to be treading water here now - probably till post FOMC decision next week.

    I'm still bullish EUR and looking for test of 36 and possible break. 3250 should hold till the release.

    Till after FOMC then... Good luck
     
    #3410     Mar 17, 2005