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EURUSD 6E Euro
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EURUSD 6E Euro

  #1721 (permalink)
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Got stopped out at 2350 back short at 2365....I know this bird is going further south...

Missed the High on the best case side though....didn't think it would break 2340.....Ah, what webs we weave....


Last edited by iPipper427; August 16th, 2012 at 07:53 PM.
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  #1722 (permalink)
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Cashish

Nice hit on your trade....bet u wish you would've held longer...I always do

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  #1723 (permalink)
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Good oppurtunity for short here I think. A failed test of 244x. Got some offers lined up around 243x onwards. Although if I see a top forming I'll jump even at lower prices.

Too late to get in for long though so that play is out.

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  #1724 (permalink)
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  #1725 (permalink)
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I am at a loss on this one...price shouldn't be this high and yet it is....case in point I am wrong and market is right...
I am short at 2470...Will exit trade profit or loss before the minutes are released tomorrow though....My overall view is still to the downside....

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  #1726 (permalink)
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I know this probably should be in another topic...but what forex brokers are you guys using....I have been looking at fxcm for the micro account....not totally sure I trust them though...I will be using ninjatrader...I am hoping and praying that their
backtesting capabilities will be seriously improved in NT 8...My primary trading focus is the euro....til it breaks apart....or not

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  #1727 (permalink)
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iPipper427 View Post
I am at a loss on this one...price shouldn't be this high and yet it is....case in point I am wrong and market is right...
I am short at 2470...Will exit trade profit or loss before the minutes are released tomorrow though....My overall view is still to the downside....

I am short earlier today from 2466 avg. Market is bullish, but we are at top of channel. I'm looking for 2418. From there am more interested in long side.

Mike

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  #1728 (permalink)
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Lots of ways to look at this but if yesterday set a channel from 2431-2485 then this morning tested that full range. If the 1st strong move was impulsive then it was corrective down to the channel midpoint of 2457 range and we go up from here to 2532-61 area. :0

Not what I think most on here believe but... just another magic eight ball point of view.

For my scenario to hold the 2457 mid range level would need to hold...

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  #1729 (permalink)
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Sigh

Yesterday looks so "easy" in hindsight (though my "Perry" charts weren't so obvious as the dips into the SlingShot MA band would have caused concern; this is my "Jeff's TSI" MultiCharts workspace).

-Guy

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Big Mike View Post
I am short earlier today from 2466 avg. Market is bullish, but we are at top of channel. I'm looking for 2418. From there am more interested in long side.

Mike

Out at 2498.

Mike

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