Daily EUR/USD trades

Discussion in 'Forex' started by romik, Nov 23, 2006.

  1. Curious what the point of the second account is, you've just gone flat with the possibility of re-entering on your euro either long higher or short lower via stops. Is it just a psychological thing?
     
    #561     Dec 20, 2006
  2. ouch, what's going on now?
     
    #562     Dec 20, 2006
  3. I already explained this.
     
    #563     Dec 20, 2006
  4. Surdo

    Surdo

    #564     Dec 20, 2006
  5. wave master you are most likely wrong. They have not run the stops above the 05 highs yet as well as it has not reached the max exhaustion zone. Until then if you want to short, do it with tight stops. It could end up falling from here but most likely it will at least retest the highs. You forgot the classic ABC which was just completed at 1.3051 that I called out prior to the tick so we could easily retest highs before getting a move down like that. After we have reached the zone identified in my thread then I am all game for a 500 pip correction. Nothing is for sure but I am still cautiously bullish.
     
    #565     Dec 20, 2006
  6. i meant newswise. I didn't see the petro pop up until ten minutes later
     
    #566     Dec 20, 2006
  7. romik

    romik

    everything is psychological :) I think it was a good move on my part, so far anyway.
     
    #567     Dec 20, 2006
    Buy1Sell2 likes this.
  8. I think more to go
    Placing orders around 1.3150
    + / - 30 Pips
    SHould take her up to 1.3270 + / - 30
     
    #568     Dec 20, 2006
  9. nice place to go long on euro future with stop at 1.3215 ie a 5 tick stop and go for 50+ ticks. A lot of conluence in this area so good probabilty with basically no risk. If not they are taking it down to 1.3203
     
    #569     Dec 20, 2006
  10. Buy1Sell2

    Buy1Sell2

    Who's they, pigheaded sucker? --
    (Clint Eastwood)
     
    #570     Dec 20, 2006