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- PIPMunch replied Jul 1, 2010
I agree! 1.2340 - 1.2360 IS KEY. If it breaks above, then 1.24 is coming pretty soon. Here's hoping it obeys the bear channel and resumes down again to test 1.2150
EURUSD
- PIPMunch replied Jul 1, 2010
I've got a Short@ 1.2292 SL 1.2338 TP 1.2150 Hoping this resistance holds. Another Short GBP/USD@ 1.4931 SL 1.4951 TP 1.4760
EURUSD
- PIPMunch replied Jun 30, 2010
Frustration.. — Earlier I placed a short at 1.2252 with a 10pip SL and it got taken out by 0.2pips! I've only just seen, otherwise i would be riding it down with you guys. Do you think i should jump on board or wait until 1.2210 for a retrace?
EURUSD
- PIPMunch replied Jun 30, 2010
It's just a conclusion that i've learned from myself. So, right now i think 1,20 is not achieveble. Anyone agree with my view? My 2 cents.[/QUOTE] If you look at the USD X index, it is currently 86.122, if it can close for the day above 86.00 then ...
EURUSD
- PIPMunch replied Jun 30, 2010
Where can i find a live USD X index, the one which is trying to blow through 86.00. Thanks in advance!
EURUSD
- PIPMunch replied Jun 30, 2010
Yeah that might help! I feel nervous going long on the EU though, something not quite right perhaps. I feel a lot safer if i short! I'm new to trading (1 year) but, the fundamentals show the EU heading for parity or at least 1.16 (next big support ...
EURUSD
- PIPMunch replied Jun 30, 2010
I got 1.2360 on my chart, so will load up at 1.2330 and then a double lot at 1.2360. Do you see this thing blowing any higher than that?
EURUSD
- PIPMunch replied Jun 29, 2010
Don't be silly, even if the data from the US was bad the EU is still tanking; risk aversion happens and everyone piles into the greenback, leaving europe to go down to the sweet tune of 1.15!
EURUSD
- PIPMunch replied Jun 29, 2010
LAD — On another note: LAD http://forexmagnates.com/sec-halts-another-forex-ponzi-scheme-by-virgin-islands-based-daniel-spitzer/
EURUSD
- PIPMunch replied Jun 29, 2010
Yeah 1.2137 is almost at Gator's tp 1.2140. Definitely waiting now until the retrace. Will load up at 1.2232 and then again at 1.2262. A bank and GATOR saying 1.2140 - Gator how are you so good!~ EDIT: Guess I missed that big drop through the door ...
EURUSD
- PIPMunch replied Jun 29, 2010
Closed my shorts. Waiting for retrace from 1.2200. Entry 1.2232
EURUSD
- PIPMunch replied Jun 29, 2010
Resistance — Do you think 1.2200 will provide any resistance, a friend just told me that the intervention GODS have buy order just above? EDIT: I was considering dumping my shorts for a 45+ pip profit and waiting for the retrace to reload, or ...
EURUSD
- PIPMunch replied May 20, 2010
Whats the top? — If we continue on a bull run, what do you think will be the top before the bears come back? I was thinking 1.2710, but may be wrong.
EURUSD
- PIPMunch replied May 17, 2010
Demand for Oil? — Soon the market makers will realize that oil is too cheap and when the price gets back to $80, surely the eur will bounce abit don't you think? Oil is inversely correlated with the USD so isn't that sensible theory to go long ...
EURUSD
- PIPMunch replied May 5, 2010
All this renewed faith in the USD? — With the EUR tanking against the USD, are investors shunning oil for the time being and going back to good old greenback?! Lately oil has dropped from $87 to now $79.55 in two days, do you think it can fall ...
EURUSD