Eur/USD

RunTrade · Jun 22, 2006

Quote from downrivertrader:

Nice trades fellas. Moon lined up with Saturn just right.

Any thoughts on the bottom? Will it give tommorrow before the weekend or never give way?

DRT

bottomed out today at 1.2557...if it doesnt break that by the end of the week, i believe that will be the bottom for some time to come

Ivanovich · Jun 22, 2006

Quote from DrawDown:

(sorry to rain on your parade, Ivansky. - when are ya gonna open another short on EUR/USD? I need the money!)

I'll let you know. Did you pay me today?

downrivertrader · Jun 22, 2006

And I thought it was the Russians buying for the Paris Club Debt Repayment. Just goes to show you...

DrawDown · Jun 22, 2006

Quote from RunTrade:

bottomed out today at 1.2557...if it doesnt break that by the end of the week, i believe that will be the bottom for some time to come

I tend to agree with RT.

Unless the market does some lunacy (can't rule that out).

DD

DrawDown · Jun 22, 2006

Quote from Ivanovich:

I'll let you know. Did you pay me today?

I'm holding a short trade in EUR/USD - one position open @ 1.2301 and another position at 1.2532. Average price 1.2416. Looks like I'm stuck in the middle of the grimy forex up to my waist-deep in the muck.

I'm also long @ 1.2973 (408-pts in the hole) waiting for an additional 92+ pip fall.

Can you remind me again... why would I pay you?

dRaWdOwN

Ivanovich · Jun 23, 2006

I don't know. I just assumed since you believe that when I lose a trade, it goes to you - that when I win a trade and you lose, it goes to me. Stupid reasoning, I know. But that's what you continue to post.

Similar stupidity to going both short and long on a pair or doing something like not using stops....whoops, my bad! You do that too!

Ivanovich · Jun 23, 2006

Quote from DrawDown:

I tend to agree with RT.

Unless the market does some lunacy (can't rule that out).

DD

*buzzer*...oh, sorry. What do we have for him, Johnny?

RunTrade · Jun 23, 2006

Quote from Ivanovich:

*buzzer*...oh, sorry. What do we have for him, Johnny?

Runtrade wins an exit at his stop loss!!!!

thank you thank you

sccz97 · Jun 23, 2006

Quote from Ivanovich:

I don't know. I just assumed since you believe that when I lose a trade, it goes to you - that when I win a trade and you lose, it goes to me. Stupid reasoning, I know. But that's what you continue to post.

Similar stupidity to going both short and long on a pair or doing something like not using stops....whoops, my bad! You do that too!

I noticed that too, it seems this kid hasn't fully grasped how the wholesale and retail fx markets work regardless of the literature available to him. You can only pity someone like him

4XIS4U · Jun 23, 2006

Quote from DrawDown:

I tend to agree with RT.

Unless the market does some lunacy (can't rule that out).

DD

Can you guys explain to me why you think it bottomed today? I see a broken bearish flag on the daily chart and going towards a 50-62% retracement area...