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View Poll Results: What impact will the ECB Rate Decision have on the Euro?

Voters
71. This poll is closed

  • Send Euro Higher!

    19 26.76%

  • Send the Euro Lower!

    48 67.61%

  • Will have no effect.

    4 5.63%
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Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

  1. 06-26-2012, 09:55 AM #78991
    Alejandro Zambrano's Avatar
    Alejandro Zambrano
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    Quote Originally Posted by Foxy1 View Post
    Hi Alejandro can I just ask, are you not even a little concerned selling now may be selling very low in a range especially as the Dollar Index looks as it may be starting to correct down. My signals say bearish but I feel it may be better to wait for a break below 1.2430 or go long above 1.2530. I would just say I think your system is great and I watch Bull v Bears as much as I can so thanks for your help and info.

    I understand and its true what your are saying - my experience of using this system is however to ignore that we are oversold and just ride until you get stopped out. The very good performance during May is a good example.
    biggari and Foxy1 like this.
  2. 06-26-2012, 10:01 AM #78992
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    Alejandro Zambrano
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    Not a huge deviation -> US CONSUMER CONFIDENCE FALLS TO 62.0 IN JUNE VS. 63.0 EXPECTED. PRIOR REVISED TO 64.4 FROM 64.9. lets see how the markets react on this - it should not really mess up the downtrend
  3. 06-26-2012, 10:08 AM #78993
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    Quote Originally Posted by Alejandro Zambrano View Post
    Not a huge deviation -> US CONSUMER CONFIDENCE FALLS TO 62.0 IN JUNE VS. 63.0 EXPECTED. PRIOR REVISED TO 64.4 FROM 64.9. lets see how the markets react on this - it should not really mess up the downtrend
    S&P500 traders bullish and the correction continues as we breakout above today's pivot point level - this is supporting the EUR/USD.
  4. 06-26-2012, 10:10 AM #78994
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    Quote Originally Posted by Robert Eckert View Post
    Difference of opinions is what makes a market I guess: the price getting up here was for me the trigger to re-enter short; about 80 pips of drop from ~1.253 to ~1.245 so a Fibo retrace should end with less than 50 pips back up in the 1.249x area so that's where I sell again.
    I re-entered second long on break above 1.2495.

    Let's Play Euro Long or Euro Short.

    Rules are simple, Just Type "Long" or Short to describe your Euro position!
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  5. 06-26-2012, 10:12 AM #78995
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    Euro short from 1.2492 to 1.2530
  6. 06-26-2012, 10:13 AM #78996
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    long

    .....................
    good analysis is easy

    making money from your analysis is a whole new ball game
  7. 06-26-2012, 10:17 AM #78997
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    scalping fool
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    Flat, waiting to sweeps up the crumbs
  8. 06-26-2012, 10:19 AM #78998
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    Quote Originally Posted by biggari View Post
    .....................
    putting another one on if drop to 50% fib (in for a penny............)
    good analysis is easy

    making money from your analysis is a whole new ball game
  9. 06-26-2012, 10:19 AM #78999
    NoGrn4grnhorn
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    Quote Originally Posted by Gregory McLeod View Post
    I re-entered second long on break above 1.2495.

    Let's Play Euro Long or Euro Short.

    Rules are simple, Just Type "Long" or Short to describe your Euro position!
    just went short at 1.2490....tight stop at 1.25....will move stop down accordingly......
  10. 06-26-2012, 10:22 AM #79000
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    Thinking of going short @ 12500....Hmm..but flat now...
  11. 06-26-2012, 10:25 AM #79001
    NoGrn4grnhorn
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    Quote Originally Posted by NoGrn4grnhorn View Post
    just went short at 1.2490....tight stop at 1.25....will move stop down accordingly......
    just moved stop to break even...target is a lower low
  12. 06-26-2012, 10:25 AM #79002
    dwiz5
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    SHORT FROM 1.24975
  13. 06-26-2012, 10:26 AM #79003
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    Flat until I can short.
  14. 06-26-2012, 10:29 AM #79004
    Fx(MIA)
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    long

    long.............
    Aim Indicator APP
  15. 06-26-2012, 10:34 AM #79005
    wanrizal
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    Short at 1.25 hope to TP at 1.24. Am I too ambitious?
    Last edited by wanrizal; 06-26-2012 at 10:38 AM.
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