Short
Up 7 pips
Up 7 pips
Eur/USD
- Thread starter ForexPro
- Start date
- Status
Sweet, maybe I can do this Forex for a longer timeframe and as a way to diversify my trading....
Sadly, my Forex demo ran out, I wasn't running StrategyBuilderFX, so my demo ended, I signed up for StrategyBuilderFX, so I'll have unlimited demo to mess around with.
Looks like support could possibly break in the future afterall, we will see. Attached another image.
Sadly, my Forex demo ran out, I wasn't running StrategyBuilderFX, so my demo ended, I signed up for StrategyBuilderFX, so I'll have unlimited demo to mess around with.
Looks like support could possibly break in the future afterall, we will see. Attached another image.
Nice
Sold at .2717
30+ pips
-Kastro
30+ pips
-Kastro
So now where we going?
Well, there's a sign, down 50 pips into market close. What do you guys think, is this the start of a new trend?
BTW, I am a noob. Shorted EUR this afternoon before the decline so while I'm happy about the 50 PIPS (is that a normal/decent profit? - whats a usual range?) I don't understand why the dollar would get stronger with the market dropping?
Thanks!
pkts
BTW, I am a noob. Shorted EUR this afternoon before the decline so while I'm happy about the 50 PIPS (is that a normal/decent profit? - whats a usual range?) I don't understand why the dollar would get stronger with the market dropping?
Thanks!
pkts
Ouuch! I was loaded up long.
[21:18 EUR/USD: Reverses Session Gains in a Blink] San Francisco, May 23. Just
quietly, there are not a lot of happy traders in late NY after the sharp bounce
back in the dollar in the last hour of trading. News that bird flu was being
transferred human-to-human was cited as one factor, other dealers hypothesize
that large orders from funds went through in a very illiquid market. This week"s
volatility has seen much more of the pass-the-parcel influence on trading.
EUR/USD, which was at 1.2870 and just shy of 1.2878 session highs near 04:00
this afternoon, triggered stops on the break under 1.2850 and at 1.2830 to trade
to current levels of 1.2815 where buying orders are place. Both HK and Middle
East names were seen buying near these levels earlier in the NY session. Some
traders are blaming the USD recovery on a late reaction to Bernanke"s comments
earlier in the day though many saw those as a reiteration of the last policy
statement. Buying interest remains on EUR at 1.2805/10 and 1.2780. Working
against the EUR are expectations that tonight"s IFO release will be soft
following the weak Belgian and French business sentiment released earlier today.
[21:18 EUR/USD: Reverses Session Gains in a Blink] San Francisco, May 23. Just
quietly, there are not a lot of happy traders in late NY after the sharp bounce
back in the dollar in the last hour of trading. News that bird flu was being
transferred human-to-human was cited as one factor, other dealers hypothesize
that large orders from funds went through in a very illiquid market. This week"s
volatility has seen much more of the pass-the-parcel influence on trading.
EUR/USD, which was at 1.2870 and just shy of 1.2878 session highs near 04:00
this afternoon, triggered stops on the break under 1.2850 and at 1.2830 to trade
to current levels of 1.2815 where buying orders are place. Both HK and Middle
East names were seen buying near these levels earlier in the NY session. Some
traders are blaming the USD recovery on a late reaction to Bernanke"s comments
earlier in the day though many saw those as a reiteration of the last policy
statement. Buying interest remains on EUR at 1.2805/10 and 1.2780. Working
against the EUR are expectations that tonight"s IFO release will be soft
following the weak Belgian and French business sentiment released earlier today.
Wow. More carnage. Wiped out a whole week of profits for me. I am going to go cry for a while.
I have a key buy level at 2750 and now I do not know what to do???????
I do have some call options on the VIX. Maybe they will help tommorrow. Sigh
I have a key buy level at 2750 and now I do not know what to do???????
I do have some call options on the VIX. Maybe they will help tommorrow. Sigh
Sorry to hear that!
I was on the other end.
Just closed EUR/USD short at .2775
68 + pips
-Kastro
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