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- Srikanth replied Aug 12, 2008
No more trades for today! market is just crazy..seems like it's playing to eat stop losses.. buh bye for today !

EURUSD
- Srikanth replied Aug 11, 2008
When do you expect this reversal happen? What if FED intervene again? What's your expectation? Thanks[/quote] We can't do anything if they do any manipulations any more! But technically USD has reached the top for now.. that is why we should use ...
EURUSD
- Srikanth replied Aug 11, 2008
whether it came off 3% or 5% whatever , EURO/OIL is just over valued and doing some correction here..

EURUSD
- Srikanth replied Aug 11, 2008
Technically, this is not a reversal. If it has to be a reversal price has to close below 1.4500 thus, we are heading back to 1.65/70 But dollar not giving up that easily! something is going on... Why fighting with a strong down trend, better buy ...
EURUSD
- Srikanth replied Aug 11, 2008
Trade with standard 0.2 lot and stoploss 30/40 TP: 60/80 and most important thing is use 100:1 leverage !
EURUSD
- Srikanth replied Aug 11, 2008
lol..naveen.. be cool man ! As a trader we should have enough patience and if we loose in a row for the day better exit for the day and thats what you did
These kind of bungy jumps are very disgusting ! Good luck for your future trades ...Cable Update (GBPUSD)
- Srikanth replied Aug 11, 2008
A nice pin bar has formed on 30 mins.. Seems like going up for some time !
EURUSD
- Srikanth replied Aug 11, 2008
It all depends upon your confidence..Look at charts if price broken a trendline at your stoploss then go for short !
EURUSD
- Srikanth replied Aug 11, 2008
Bottom is around 1.47 and till then it will tempt traders to go LONG by doing bungy jumps across the board.

EURUSD
- Srikanth replied Aug 11, 2008
4750 seems a nice target to the downside ! Bulls are out of energy

EURUSD
- Srikanth replied Aug 10, 2008
let's see how far they push dollar up ! anyway it's all manipulation for timebeing.. no trend reversal, nothing..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Srikanth replied Aug 10, 2008
It's better stop trading at this stage! Something is going on..definitely a dollar sell off

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Srikanth replied Aug 8, 2008
We may expect a retracement on monday @ london session.. I'll load my shorts again @ 1.5150 area and the target is 1.4750

EURUSD
- Srikanth replied Aug 8, 2008
I think Oil will settle down @ 108/109 i.e, E/U should settle around 1.4750 area

EURUSD
- Srikanth replied Aug 8, 2008
lol.. It's not the time to buy.. anything can happen on weekend.. who knows where the price will open? Be smart..just go with the flow

EURUSD