To Short Or Not To Short

Discussion in 'Forex' started by FXsKaLpEr, Sep 13, 2005.

  1. THAT is the question!

    EUR/USD is trading in a tight band between 1.2315 and 1.2270!

    I'd really like to pull the trigger on a short! But simply cannot seem to make a decision!

    whadda you guys think??
  2. skepticaltrader

    skepticaltrader Guest

    Come on, pull the trigger.

    You have to always be in the market. You never know when there is going to be a big move in your favor, or against you for that matter.

  3. KS96


    EUR/USD moves like it's bottoming around these levels...
    Don't short, but get long if it gets above 1.23

    I got long @ 1.2273
    1st target around 1.2370, then we'll see...

    EUR/GBP looks also like a good long at these levels .

    I may be wrong.
  4. bro, listen to this...

    so, I'm getting ready to pull the trigger short above 1.2310!!!

    it moves up... up... up... then I got distracted - it hit 1.2314 and TANKED down to 1.2257.

    I missed the short signal by less then 30-seconds!!


    by the time I was ready to open it moved down past 1.2310 again. totally missed the trade. :D

  5. KS96, that's the most dangerous trade I've heard of lately.

    only YOU could make that trade! :D

    and, according to the rate, you made money!


    bottoming at these levels? you may be right! interesting concept.

    you guys've been putting me to shame.

    current 1.2287
  6. skepticaltrader

    skepticaltrader Guest

    You need to jump into the market this morning after Trade Balance numbers are read. The report will be read in 15 minutes.

    Good luck!!!
  7. KS96


    Shake out on the news?
    Still long @ 1.2273

    Above 1.2290, I will get more long.

    Also, EUR/GBP is holding... looks better and better.
  8. Trend line is holding so far -long it...
  9. now I've seen everything! :D
  10. So you know what to do... :D
    #10     Sep 13, 2005