maybe u not wrong adam... it can be... and i pretty sure UT sustained till end of this month.. but should be small/slightly DT.
Tomorrow Friday.. be caution EU GJ... anyhow anything can happen. he he

hopefully.. i got burnt earlier by the sudden DT of EU.. now regaining.. overall today still profitable ^^

It's a volatile market, the fact that EU didn't manage to break 1.47 means it's very bullish. As you notice the bottom keeps on increasing. So either way we going to have a huge breakout favorable to EU unless Congress does something bullish for the dollar.

i'm buying more n more long on EU as we speak.. >< keep finding nicer spots to enter.. god willing EU goes up.. i missed my chance on GU when it hit my SL.. would have made a lot more.. now EJ with +30 pips and still holding.. c if it retraces to 50% fibo

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Added on September 25, 2008, 5:39 pmhitting the 1.47 mark for EU.. will it pierce ?

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Added on September 25, 2008, 5:40 pmthis doesn't look good.. pierced 1.47 mark..

This post has been edited by kelvin_tan: Sep 25 2008, 05:40 PM

Hope not, because i will cut my losses and stay on the sidelines. We'll see.

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Added on September 25, 2008, 5:43 pmI see a lot of buying at 1.4694-1.47 zone.



This post has been edited by AdamG1981: Sep 25 2008, 05:43 PM

i also hope not >< i longed the EU T_T hope it doesn't hit my SL.. if it does.. there goes my todays profit..

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Added on September 25, 2008, 5:43 pmback at 1.47.. whew ><

This post has been edited by kelvin_tan: Sep 25 2008, 05:43 PM

The 5 minute 200 EMA is acting as a support. So far so good for the euro, the bottom has been tested 3 times and we kept the bears out.

my first time trading the news.. lets c if it pays off.. usually i close all my positions before news

Are you sure you can handle the volatility? Very risky game you know.

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Added on September 25, 2008, 6:10 pmECB council member says "NO ROOM FOR RATE CUTS"

http://www.cnbc.com/id/26880351

This post has been edited by AdamG1981: Sep 25 2008, 06:10 PM

well i am prepared to lose it.. but my SL isn't big.. 55 pips.. ><

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Added on September 25, 2008, 6:22 pmand partially because i know the news for US isn't going to be excellent with the condition they are in .. home sales will drop again.. and with the market like that.. unemployment also

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Added on September 25, 2008, 6:26 pm1.47 on EU is being tested again..

This post has been edited by kelvin_tan: Sep 25 2008, 06:26 PM

Get ready to run. It's testing the bottom more than i would like.. It's becoming a descending triangle.



This post has been edited by AdamG1981: Sep 25 2008, 06:34 PM

lol adam.. what point r u running ?

Cut loss. I will stay on the sidelines

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Added on September 25, 2008, 6:36 pmIt's going further down.


This post has been edited by AdamG1981: Sep 25 2008, 06:36 PM

i will wait a bit...

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Added on September 25, 2008, 6:40 pmdamm its really extremely volatile.. wonder if i can take this until 8.30pm..

This post has been edited by kelvin_tan: Sep 25 2008, 06:40 PM

Good luck, i will purchase some equities instead

hit SL... =(

got some profits from selling GU. 60pips. oni USD$100.
hey most of u using wat broker?i think almost time for me to graduate from demo.

Kelvin, that's why when i tell you i am running you should run liao mah...

haha i thought differently >< learnt my lesson the hard way ..

if you look at 15min for EU , there a head and shoulder formation