- Search Metals Mine
-
altrader replied Sep 4, 2008I'm short. I listened to trichet and his question and answer session. It seems that he has a plan of when EU zone will be ok with inflation. He mentioned 2010. Fair enough. Furthermore, when asked about the question of EUR/USD he basically said that ...
EURUSD
-
altrader replied Sep 4, 2008I don't like those terms: Does Dovish = being nice and saying nice happy things about the economy? Does Hawkish = being mean and saying bad things about the economy?
EURUSD
-
altrader replied Sep 4, 2008Oil and Gold have found resistance. I think think that the news could send the Euro up--at least initially until the US news gets released. So in other words. At the moment Oil and Gold have now met resistance. Therefore I think that Oil and Gold ...
EURUSD
-
altrader replied Sep 4, 2008When I said earlier that I was going short--I did and took profits already. I didn't expect it to drop so suddenly. So, anyway I won't open any positions during the news sesson. But I am curious now about that 4880 level now.. It is mightly powerful ...
EURUSD
-
altrader replied Sep 4, 2008ohh ok, I see what you mean now. I think I accidently missed seeing that post but I'm looking at it now. Thanks for the explanation

EURUSD
-
altrader replied Sep 4, 2008Quick question for you. With the -1.7% for the german factory orders, how come you assumed that with a negative number the Euro would rise? Or do you mean that you expected the factory orders to be a positive percentage and therefore cause the Euro ...
EURUSD
-
altrader replied Sep 4, 2008yeah you're probably right. normally I wouldn't even have a position open during news but I'm just working on an idea to add to my trading system. Basically I want to observe what happens to Oil and Gold during big news such as the ECB and NFP news ...
EURUSD
-
altrader replied Sep 4, 2008Yeah it is strange. Something doesn't seem right to me. Gold went crazy going up as well for awhile there. Oil could break the 110.5 level today when the NY session gets going. The other thing that alerts me is that Gold also could rise and break ...
EURUSD
-
altrader replied Sep 3, 2008Many thanks for your explanation 'good', that helps me a lot

Where does the money come from in Forex?--complicated question
-
altrader replied Sep 3, 2008I'm scalping at the moment. This morning I've scalped 20pips on the EUR/JPY Currently I'm scalping the EUR/USD. I'm short for 10pips (taking advantage of the strong resistance at 4520 and support at 4480 and 4500.) sold at 1.4516 and t/p at 1.4506
EURUSD
-
altrader replied Sep 3, 2008I just closed my position for a 45pip loss. Man, I was like 30 pips in positive BUT because I wanted 40 pips profit I didn't take profit and got smashed hard
Then I stupidly started to hedge and promptly got into a losing position with that. I ...EURUSD
-
altrader replied Sep 3, 2008Channel not broken — The channel is not broken for me. I'm staying in for my t/p as mentioned in my earlier post.
EURUSD
-
altrader replied Sep 3, 2008I'm hanging tough. I'm still short. It'll have to significantly break the 4500 psyche level before I exit this trade. The overall trend is down. Do I sound like I'm in denial?

EURUSD
-
altrader replied Sep 3, 2008ahh, damn
You were just unlucky and that can happen to anyone. I decided to hold back because I wanted to see if it would go up to the 4500 level but after seeing it try and try and try again, finally I entered the trade. On my other screen (I ...EURUSD