You are right about the odds.. As an engineer.. I do know numbers.. and lines.. the probabilities seem to appear.. I don't use the macd.. I probably should.. I do look at the sma's .. and the rsi's.. But for some reason.. I just look at the channels ...

EURUSD

short — have a short waiting at 1.3514.. I'm thinking a break of 1.3520 should net 40 pips. I figure it's worth a 12 pip risk.. I'm going to bed.. My girlfriend gave me the look..

EURUSD

I've tried the 15m and 5 min for entries.. Just doesn't work for me.. So I have my 4H channel.. and my 1H resistance and support lines from previous candles.. By price action.. I mean this.. Just like today.. I was watching.. 1.3555 was hit.. and ...

EURUSD

meat puppet — Not the first part.. mainly.. because the crisis isn't over..

EURUSD

Yeah.. I'm thinking the same thing.. What's the saying "what can't go up, must come down".. and i'm sure the opposite is true.. If EUR/USD goes up from here, that will be the 3rd rejection of sub 1.35.. Not the be all to end all.. but... pretty ...

EURUSD

Not sure — I'm actually waiting to see if the spot light will shine on Greece more or one of the other PIIGS.. This will confirm a break below 1.3440 and open it up to 1.32.. We are back inside the lower 4H channel I have that was broken on ...

EURUSD

Relative — Strong is a relative term.. The Euro purchasing power target when introduced was around 1.17 to the USD.. I would not say 1.2 is "strong"..

EURUSD

Yes — This not only displays intelligence, more importantly, it is a display of wisdom.. At this particular point in time, I cannot see how the Euro has a fundimental advantage over the dollar. If reckless deficit spending hasn't brought about ...

EURUSD

Yep — Agreed

EURUSD

I use to do that.. blew an account or two.. but hey.. whatever works for you..

EURUSD

Looking at the 4H.. last couple spikes like this led to more downside..

EURUSD

sweet — cool.. shorted the last spike.. out so far today with 72 pips.. 130 on the week... wow.. I needed that..

EURUSD

That's what i'm thinking.. At .37 ish.. i'll short.. and risk the 30 pips I made today..

EURUSD

next spike — Shorting the next spike above 3675.. looking for 3620 made 30 pips today.. should have made triple that.. played it cautious.. happing hunting

EURUSD

You are right.. Nothing is certain. A macro view of the situation would certainly point to a Euro decline. With the PIIGS, and the certain (for some) comint melt down of equities, it's easy to think the EUR/USD could go back to 1.20 min.. maybe even ...

EURUSD

I see.. so you are saying that since the chinese didn't change all the USD for EUR they will be rewarded?.. OK.. I agree.. could be a way of looking at it.. I agree markets are moved by geopolitics.. I'm really not clear on your statement totally.. ...

EURUSD

OK — 1. If national currencies are coming, why would the Euro Advance? 2. If the Chinese knew better and the Euro is NOT the new reserve, why is it going to advance to 1.50 3. How will the Chinese be paid handsomely if they "knew better" and ...

EURUSD

Hmm — I find this statement to be ambiguous. Maybe it's because English is my first language..

EURUSD

short — Are you short Gator?.. I'm short with it all.. used 70% of my margin.. 3 lots since .3530... LOL... I know.. I know.. it was stupid.. I don't care.. this is an absolute game for me.. a total hobby... I only have a few hundred in my ...

EURUSD

not for long — I don't think it's gonna hold.. LOL .. just a feeling

EURUSD