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

TradingWise · Mar 15, 2005

Quote from Baruch:

Seems that I had a point...

My guess is that it's only a temporary correction, I'm long at 3357 after the bounce from the 50% retracement.

TradingWise · Mar 15, 2005

Quote from TradingWise:

My guess is that it's only a temporary correction, I'm long at 3357 after the bounce from the 50% retracement.

Stopped out, big number.

Andy62279 · Mar 15, 2005

Quote from TradingWise:

Stopped out, big number.

at breakeven or initial risk? You had 51 tick unrealized....

Euro shows 2b reversal setup. Be interesting to see how it works out.

TradingWise · Mar 15, 2005

Quote from Andy62279:

at breakeven or initial risk? You had 51 tick unrealized....

Euro shows 2b reversal setup. Be interesting to see how it works out.

Yes, with some loss. Maybe I'll reenter if the opportunity presents itself, still see it going up.

Around 90 with stoploss at 70 would be a good setup, but I'll wait to see if it bounces of the 85 level.

Andy62279 · Mar 15, 2005

Quote from TradingWise:

Yes, with some loss. Maybe I'll reenter if the opportunity presents itself, still see it going up.

Around 90 with stoploss at 70 would be a good setup, but I'll wait to see if it bounces of the 85 level.

plan your trade, trade your plan

trade-ya1 · Mar 15, 2005

I had to dump a boatload of Euros on the way down after the figure. It really hurt to bite the bullet. I had a nice day working. In the short run, I think a lot of damage has been done. Everyone is expecting this EUR selloff to be temporary and as such, it may just extend a little further and a little deeper is my guess.

Andy62279 · Mar 15, 2005

Quote from Andy62279:

Euro shows 2b reversal setup. Be interesting to see how it works out.

2b never completed

TradingWise · Mar 16, 2005

Quote from TradingWise:

Yes, with some loss. Maybe I'll reenter if the opportunity presents itself, still see it going up.

Around 90 with stoploss at 70 would be a good setup, but I'll wait to see if it bounces of the 85 level.

I was asleep, so couldn't enter, would have been a good entry though

http://img126.exs.cx/img126/4492/untitled0qa.png

Andy62279 · Mar 16, 2005

Quote from TradingWise:

I was asleep, so couldn't enter, would have been a good entry though

http://img126.exs.cx/img126/4492/untitled0qa.png

yea it happens to me sometimes... but great setup for you

csaunders · Mar 17, 2005

Seem to be treading water here now - probably till post FOMC decision next week.

I'm still bullish EUR and looking for test of 36 and possible break. 3250 should hold till the release.

Till after FOMC then... Good luck