EURUSD....Euro

[DonAqua]

r u being sarcastic Don? Or is that a legit Q?

I know what my answer would be.

It's a legitimate question. The Euro is overvalued. I reckon with a reversal of the trend sooner or later. That is the Dollar will raise. Unexpected and coming as a surprise to many. I know, I said this already last year. I am still convinced that we will see a reversal of the trend in a not too distant future.

Regarding the housing/property trouble in Europe: Spain has some problems, but it looks that Great Britain is prone to even bigger troubles. I was at a road show of a financial institution recently, and they outlined the trouble spots. Watch the UK.

 

[ithatheekret]

hmmm 1hour at 6 gave a buy, took it and thing fell like a rock. still hanging in there. It's retraced a fair amount back but jeez what a sell ya the dummy!

:22_yikes:

Sorry you've lost me , I'll swing any swap or I'll buy and hold sell and hold , it just depends on what the markets sentiment and BSDs do .


The only move I stuffed up last night was a Yen move , it was quickly corrected .

The move your looking at I think ....... was 6 hours prior , from memory it just fell over 148 then retraced to 147.65 I think and yes I bought again , getting close to 30 clean pips from it on the second run , which didn't make it back to the 148 area . I think the best it has done since that run is 147.90's .

 

[ithatheekret]

Looks like Eurogal is going dance again , pinging 148.80 I'm on .


dip , dance , jump hurdles ?

 

[Kauri]

calm before the storm with euro ignoring a slight improvement in Eurozone PMI data and settling down to wait for the almighty US NFP... feel like jockeying for position but noticed that Danny Hobby is aboard Strike Softly.. may wait until the first turn..
Cheers
...........Kauri

 

[ithatheekret]

It's a start ..... patience is needed ........ no green cans so Stella it is .

I've used 4.86% margin no higher this time Kauri t'was naughty before . Too hard one thinks ?

 

[Kauri]

I've used 4.86% margin no higher this time Kauri t'was naughty before . ?

I use natures inbuilt natural stress meter to know when I have gone in too deep..
When the clacker valve starts biting chunks out of the seat I back off..
Cheers
..........SteveH

 

[ithatheekret]

I moved out nicely then 1 poz made nothing .

 

[ithatheekret]

Eurogal is dancing again Tenk will cross from underneath est. 1.4895/92 and it should be above cloud .

Projection says 1.4918-1.4948 ? different one , might have to recheck that .

1.4892 cross

 

[tayser]

1.4982

 

[>Apocalypto<]

Short on the eur/usd

ent 15037
S/L 15067

Counter trend in the making. but I have thrust protection on!

 

[Kauri]

Short on the eur/usd

ent 15037
S/L 15067

Counter trend in the making. but I have thrust protection on!

lottsa bids in the .30's and .20's supporting... with a chunk of options to be protected at 51 even for overhead resistance..

 

[>Apocalypto<]

lottsa bids in the .30's and .20's supporting... with a chunk of options to be protected at 51 even for overhead resistance..

It's chasing me Kauri! but I will hold in there. I can afford to let 30 go after making 234 in the last 18 hours!

ahhh back to sweet red : )

 

[Kauri]

It's chasing me Kauri! but I will hold in there. I can afford to let 30 go after making 234 in the last 18 hours!

ahhh back to sweet red : )

a bit more fuel to the fire??
ECB Weber comments the market is wrong to bet on rate cuts from the European Central Bank. The ECB member has noted that such expectations "fail to consider the dangers of higher inflation".

 

[Stormin_Norman]

inflation is a bigger concern to central banks then economic growth.

 

[>Apocalypto<]

Short on the eur/usd

ent 15037
S/L 15067

Counter trend in the making. but I have thrust protection on!

stopped, -30 pips.

It sure has legs right now but the angle of assent it's on is getting a little to 90 degree even for Forex standards.

Still looking for another counter trend entry.

 

[>Apocalypto<]

Sold the euro tonight couple of reasons there!

 

[>Apocalypto<]

Sold the euro tonight couple of reasons there!

closed out +34 pips

 

[>Apocalypto<]

another quick trade tonight, missed the other three nice plays.

+15 Limit exit

 

[>Apocalypto<]

Sold the Eur/usd tonight. Nice rounding with other entry criteria met.

+15 pips limit exit


2008.04.11 19:57:47 '79746': order #8989117 sell 1.00 EURUSD at 1.5822 sl: 1.5838 tp: 0.0000 closed at price 1.5807

 

[>Apocalypto<]

Second trade tonight.

Pa came back to 21 formed a doji trend cont. macd confirmed the trend cont.

+21 manual close. that's it for tonight unless something really plum comes along.

2008.04.11 21:22:09 '79746': order #8992868 buy 1.00 EURUSD at 1.5825 sl: 1.5805 tp: 0.0000 closed at price 1.5846