Chinook's EUR/USD (E/$)Mumblings

Yet another Raschke grail trade printed...sold euros @ 1.2117 risking 1.2132 for 1.2090 and lwr...risk reward about 1:1, but its a better than 50% success rate...
 
Quote from krupkinm:

nuked at 32, that may be it for the downside in euro..
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I didn't cover my short at the bottom of the triangle waiting for 2 more pips and also got nuked at the top. I might get long around 1.2125.

Chinook

I got long at 1.2021
 
Quote from krupkinm:

think we may be playing in nothing but noise in the euro...
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Maybe. But it looks like there is a nice higher low trend. The high side is ugly/random. I got long again and stopped out.

The low trend seems to be broken.

Chinook
 
Quote from chinook:

Maybe. But it looks like there is a nice higher low trend. The high side is ugly/random. I got long again and stopped out.

The low trend seems to be broken.

I got long again. You might be right about the noise.

Chinook
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Quote from krupkinm:

think we may be playing in nothing but noise in the euro...
More...

Were you able to re-short? I'm trying catch the falling knife. My hands are bleeding!!!

Chinook
 
from a risk/reward view, my tgt was 1.2080...I'd have to risk above 1.2140 ...and we've had no bounce since we broke back down off the highs...there'll be other trades...but I wouldn't play the long side, and selling in the hole is scary...again, there will be other trades.
 
Quote from krupkinm:

from a risk/reward view, my tgt was 1.2080...I'd have to risk above 1.2140 ...and we've had no bounce since we broke back down off the highs...there'll be other trades...but I wouldn't play the long side, and selling in the hole is scary...again, there will be other trades.
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I see...I bled enough on the long side and switched to short.

Maybe this thing will hurl into 1.2 today.

Chinook
 
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