View Poll Results: What impact will the ECB Rate Decision have on the Euro?
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02-02-2011, 08:23 AM #54496
30 min break
looking for long shortly if breaks back in the channel
Take your profits or the market will take it from you....
02-02-2011, 08:27 AM #54497
heh last few pages were people saying I shorted at 1.38x etc etc.. now everyone is like im buying the dip for 1.4, which tells me I should watch for the drop today from S and P 500 causing the Euro to go with her.
Last edited by Lagune; 02-02-2011 at 08:28 AM.
02-02-2011, 08:32 AM #54498
I was scalping e/u yesterday and I'm doing the same today. Asian trading was some what boring but since things have improved.
Too many people now siding the bulls and even the bears are becoming skeptical of their view! With charts such as "not much resistance over 3880s seem very appealing".
I am refraining from calling the top and scalp my way lower as I am a bear so short scalps for me.
Happy trading everyone.
02-02-2011, 08:46 AM #54499
Too bad the forum doesn't have a 'like' button like those social network sites. I agree. 1.3750 daily close would be a dark cloud cover pattern. I am fond of betting against the crowd.
Originally Posted by Lagune
02-02-2011, 08:56 AM #54500
It appears that 1.38 is support for the current uptrend seeing we broke through that level. Looking at my chart. hourly candle below maybe time for small short to test 1.3740..What are your thought?
Patience is key.
02-02-2011, 09:04 AM #54501
Could be headed lower.
But I'm thinkin, If it breaks out of this channel, go with the flow.
02-02-2011, 09:06 AM #54502
"Excuse me, I believe you have my stapler."
02-02-2011, 09:10 AM #54503
should be above 1.374x, use it as opportunity to load long for 1.39x target
Originally Posted by martyman13
02-02-2011, 09:45 AM #54504
02-02-2011, 10:16 AM #54505
Its early for the next delta turning point but I believe it will come on or before Feb 8 which is the intersection of the upward trend and longer term downward trend lines
02-02-2011, 10:17 AM #54506
Looks like recent history wouldn't stop repeating itself. When a market is closed the remaining market is quickly set to the Trend. That's how it works. I strongly feel EUR/USD shall close in gains irrespective of data. Not a day's respite.
02-02-2011, 11:04 AM #54507
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02-02-2011, 11:05 AM #54508
Let see if EUR selling happens today.
02-02-2011, 11:46 AM #54509
Originally Posted by Mary R
you have been talking about delta all the time, what is it? or any link? good indicator?
02-02-2011, 11:58 AM #54510
I wanted to know the same.
Originally Posted by FXspeculator
Also long the Euro everyone please so my short comes out tasty ^^
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