Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Originally Posted by melbgirl

Hi Guys I just got home, short is 95 pips in the right, I'm usually a scalper but I think I might let this one test 1.3800 before taking any profit. What do you think? It's not showing a great bounce is it?

its not bouncing strongly yet
butif you see a bullish hammer on the 15 or 60 bouncing off the bolllinger it may be best to exit
the pound is shooting up too,so the euro could follow with a delayed reaction
cheers

Originally Posted by trendcat

its not bouncing strongly yet
butif you see a bullish hammer on the 15 or 60 bouncing off the bolllinger it may be best to exit
the pound is shooting up too,so the euro could follow with a delayed reaction
cheers

Thanks. Yeah I closed all but one after looking at the indicators. I can always reshort it if it breaks 1.3800 but it seems like it has to regroup first.

one will fall asleep with this dead market

Originally Posted by neller

one will fall asleep with this dead market

hehe Neller. I just went out to the shop cause you're right. this takes some time before we reach the 1.3805

only problem your looking for down and im looking for up

Originally Posted by hutrader

hehe Neller. I just went out to the shop cause you're right. this takes some time before we reach the 1.3805

Finally a bounce. Anyone brave enough to go long? :-)

Originally Posted by melbgirl

Finally a bounce. Anyone brave enough to go long? :-)

lol not me... YET.

Originally Posted by melbgirl

Finally a bounce. Anyone brave enough to go long? :-)

I think it will grind its way down to 1.3800 eventually, the 0.382 fibonacci support level from the dailies is 1.3783, so could have a major bounce off of that floor. Might place a token long to test the water.

i were brave enough

Originally Posted by melbgirl

Finally a bounce. Anyone brave enough to go long? :-)

Originally Posted by melbgirl

Finally a bounce. Anyone brave enough to go long? :-)

not me either ,untill my system gives a long signal
it could go either way at this point
cheers

Originally Posted by trendcat

not me either ,untill my system gives a long signal
it could go either way at this point
cheers

I was brave enough to put more on short. Is that brave as well?

Originally Posted by melbgirl

Finally a bounce. Anyone brave enough to go long? :-)

long 1.3865 with trailing stop :-)

I finally regained all my losses from last week, figure I can risk some now :-)

....a deadcat bounce sofar but we might see 1.3900 for an option expiry. I'll try my next short from there. If not, on a break of support.

lets be honest to be a forex trader you are already brave enough

Originally Posted by hutrader

I was brave enough to put more on short. Is that brave as well?

Originally Posted by hutrader

I was brave enough to put more on short. Is that brave as well?

i strictly follow my system
no signal, no trade
i never add to my positions too.