I hear ya. But I do think that there are two outcomes over the next 24 hrs. 1) immediate drop (80 pips or better) or the more likely 2) drift down - eventually getting 80 pips down. Obviously I'm hoping for #1, but #2 is more likely just due to ...

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It only works because of your leverage - You'd never get anywhere being handcuffed to the leverages imposed on us over here in the US. Just the same.....congrats to you, while it works for you.

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Attila — You short yet?

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I'm already short at 91. We're due for a nice fall (80 pips or better).

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Not crazy. I'd expect to fluctuate 10 pips +/- while BB is talking.

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Glad I sat out for a bit..... — Now that all the commotion is done...and the plan is in motion.... I would offer caution on your future trades gents. This is a significant resistance area, and you may find scalping is preferable to carrying a ...

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Sadly , I'm not a scalper. I'm still bullish on the Euro, but I sense tomorrow is going to take out everyone within a 70 pip range before it resumes its trend.

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The one thing that is going to piss me off — I cannot see any way to NOT trade tomorrow without a large SL. I hate to say it, but I'm likely going to be on the sidelines during the circus act.

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My take : Any introduction of QE3 will result in a surge in inflation. As it stands, Gas has re-reached $4 a gallon over here, which will eventually trickle down to higher prices in general. QE3 introduction will mean Gas could reach as high as ...

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I may have been premature.....the announcement came because most of my open orders went into profit - all of them are going with the main trend, thus I assumed a move was happening . Euro to 1.30xxx btw. I see you mentioned that earlier

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Looks like a move is about to start fellas — Good luck!

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You booked a profit...that's all that matters. Don't deviate from what your doing, as it seems to be working for you. - just my 2 cents.

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Finally ....an EW chart. Thanks Kate.

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Nachiket....not sure what kind of 'fall' your expecting, but it won't be anything more than 40 pips. Euro has a bit higher to go before we start to see any real chance of this going down, IMO.

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Good morning everyone — I hope everyone is doing well with their trades today.

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Oh I see! That was a good explanation...the chart helped too Thx

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Kiwi...I think I am missing something. Your intending on shorting AUD/USD and NZD/USD? Seems like both of them have a ways to go before they reach your upper channels - why aren't you considering taking a small long position until they get there?

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ty Mohan....now I get to look at Kiwi and decide

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At first blush - all I can say is - identify what is a true signal first. Head over to James16 thread - that's a good starting point for seeing some sample trade setups.

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Mohan, I agree with what your saying but - if you have enough time on this board, you get to know who is trading similar instruments (ie....you and Kiwi trade AUD). While I may not necessarily take a trade, or even take the same trade in the same ...

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