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- FXObserver replied Sep 9, 2008
Exactly what's on my chart but i can still see this pair drop before any big upward movement. Note: As far as i can see, this is just a consolidation to a drop soon.
EURUSD
- FXObserver replied Sep 9, 2008
I usually put my TP +/- 10 pips from any res/sup lvl or fib lvl. I rather take profit less than my actual target than loss in return.
EURUSD
- FXObserver replied Sep 9, 2008
Yup, it happened to me several times too. Sometimes just 1 pip but this is one of the way we discipline ourselves. I must admit, it's really frustrating to see that happen and im really really mad when that happen during my early years of trading. ...
EURUSD
- FXObserver replied Sep 9, 2008
Don't worry, it will go down. My T/P is 1.4066 (1st support) which has been tested several times so i don't mind much about this position. I don't know but im pretty confident this pair will hit this target. I just put my SL and let the day roll. ...
EURUSD
- FXObserver replied Sep 9, 2008
I don't think so, the longest position i maintained is more than 2 months and i do hedging (GBP/USD). I started with $1200 and made a balance of more than $4k but my equity is cut down to $400 and almost margin call but i managed to stay within ...
EURUSD
- FXObserver replied Sep 8, 2008
What do you think will be his tone tomorrow, dovish or hawkish? I got the feeling it's kinda hawkish.
EURUSD
- FXObserver replied Sep 8, 2008
yeah right, 61.8 has been penetrated and it almost reach the 100% fib exp and now it's kinda retrace to get some momentum again. I'll go short @1.4135 (23.6% fib retracement) and if triggered, my target is 1.3805 (161.8 fib exp). I don't want to ...
EURUSD
- FXObserver replied Sep 8, 2008
Well — Don't you think that this pair is just trying to make a momentum for a big drop to 1.38 area? (161.8 Fib expansion) The way it moves, it's a possibility. Slow upward move then a fast downward move, been like this for a month now. I'll ...
EURUSD
- FXObserver replied Sep 8, 2008
Price merely touched the next support and started to go up real fast. This might be a good sign to go long.
EURUSD
- FXObserver replied Sep 8, 2008
Long term, it's not really going to help the dollar but it may even worsen the financial crisis. Thanks in part to Mr. "Strong $ Policy" Paulson

EURUSD
- FXObserver replied Sep 8, 2008
If this thing continues to go down, i can see it reach 1.4019. OR it just filled the gap and will start going north. Waiting for some confirmation .
EURUSD
- FXObserver replied Sep 8, 2008
yup, that's short. It was a mistake, thank you for pointing it out

EURUSD
- FXObserver replied Sep 8, 2008
I just hit my tp of 83 pips @1.4327(long from 1.4410). At the same time, already long @1.4327. Pretty nice, the way i see it
Note: if the price go below 1.4275, i'll order another long.EURUSD
- FXObserver replied Sep 8, 2008
I already had a pending buy position @ 1.4327 that is once my t/p is hit im buying right away. I can see 2 major support there.
EURUSD
- FXObserver replied Sep 8, 2008
That's the way i do it and some s/r. Been profitable for a while now

EURUSD
- FXObserver replied Sep 8, 2008
Sorry about that but as i said earlier this pair respected the 2 major resistance so many times earlier and now on their way down. It's now on the 2nd res lvel and is almost broken.
EURUSD