Realistically speaking, you are right. This down move is not sustainable and even having a target of 40 is pushing it. Bunds and T-bills are not supporting this down move at all. So only take a position if you are planning to speculate on the ...

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No worries brah, my stop loss remains ever that tight.

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My pending shorts have a TF of intraday and yes my 1st target is 40. Looking for a least a challenge of 00 but it doesn't matter if it never reaches there as long as it hits 40 and I lock in some $$

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Sometimes I wonder if people are just dense or plain stupid. If you thought my throw all your money at a long was a trade call, kudos to you. EDIT: Noticed you were American. That explains a lot.

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Pending shorts @65 triggered. At long last.

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Yes Mr Billionaire hedge fund manager. You words have touched me greatly.

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So if Merkel says Germany will leave the EU, not bailout any countries, demand a repayment for all the money loaned and reverts back to the Mark, the market won't move? You must be raking in the trillions! @Tomspin Probably shocked ...

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Really? Me, unlike you, can think like Merkel and I would say throw all your money at a long right now. Trust me, I think like Merkel unlike all you other traders who think like traders.

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Scalping is good today. It is the only way to play a ranging market on an intraday TF. I was just taking a dig at some guys. @Kuroro001 Oh really? Challenge accepted! Just kidding brah.

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So much crap is going on in this thread right now.. Many new retarded reasons for targets/trades. You know what? I have a target of the EUR/USD at 0. Why? Because I can think like Merkel, Draghi and Bernanke.

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Long @84 with target of 20. SL behind 70.

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I have no position now. There is just no good entry points. Only entry points you should be looking at is shorts at 20ish and longs at 70ish. Anything in between is just asking for trouble.

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At least put that SL behind 70.

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SL hit and price got rejected at my SL. How fucked up is that?

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Cashed 24 pips on my previous short at 21. Shorted again at 23. As usual, stop loss above range to defend at 30.

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If you use gaps for your analysis, gaps which are a result not of market closure but of your broker being a lazy ass bitch deciding to cut off the feeds during the weekends so that their employees can go get laid. You are going to have a bad time.

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Anyway I am shorting this pair because I believe we are still ranging and right now we are at the top of the range. SL will be put to defend against a breakout of the range.

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This thread is getting ridiculous with all the new folks.

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Good luck.

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That is..very optimistic. I would snap up Euro at 1.22 not sure about 1.25, would expect it to close at end of year at 1.28 IF there is still a euro.

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