I long 1.4727, TP at 1.48

We are in the tight range of 4730 to 4600. Nothing will happen until that 700B issue resolve or something happen in Europe.

Basically the scalping plan is short the 4730s, TP and buy when it enters the 46xx range.

This post has been edited by billytong: Sep 25 2008, 01:29 PM

Euro breakout is approaching.

No worries, I cut my short @ BE @ 30

New home sales is the key here; might cause euro to rise quickly.

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Added on September 25, 2008, 1:55 pmAnd durable goods.


This post has been edited by AdamG1981: Sep 25 2008, 01:55 PM

my long on EU and EJ is paying off after it stayed negative for 1hour+ >< anyway adam how long ur gonna keep ur position ? until tonights release ?

Until it hits 1.50

wow? whats ur SL ?

This post has been edited by kelvin_tan: Sep 25 2008, 02:46 PM

1.4627

hu hu as i expect yesterday... GU & EU goin on UT track again..
today ss..

nice.. i sold both my EJ and EU already.. both of it made 3% of my account already.. i dun dare to SL 100 pips >< my account isn't big enough.. anyway do u cover ur position once u gain lets say 30pips? would u change ur SL to +1 pip ?

I am going to add one more long for EU.

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Added on September 25, 2008, 3:24 pmNow 1.47, very cheap to buy euro, wait till the new home sales and durable goods order print is released...



This post has been edited by AdamG1981: Sep 25 2008, 03:24 PM

Looking for a long here too, my short is taken out @ BE.

my EJ... i longeed it again and set SL to +1 pip and it got hit T_T

this is the 4th time I got disconnected form streamyx. I am not playing the game especially longing euro @ 47xx.

got burnt on the EU after i tried to long it again..now longing it at the daily pivot..

There is a very significant risk of long EU above 4700, the fire @ Eurozone is burning and anytime ECB might cut rates. We dont have a clear trend under these market condition. EU is flip floping according to what happen in the world. Who come out bad news first will decide the short term trend.

This post has been edited by billytong: Sep 25 2008, 03:57 PM

Event risk for USD

a) Unemployment claims

b) Durable goods

c) New home sales

d) Senate hearing

This week should be USD risk, but next week I will be looking to short the euro again. Trichet effect on euro, u and I also know. hehe

4723short barely close @ 09.

Again my line is not good today, I am staying sideline.

I'm not scalping, i am just letting it run. I still believe EURO will hit 1.48-1.50 this week. Maybe i am wrong.