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-   -   EURUSD (https://www.forexfactory.com/showthread.php?t=10372)

mfoste1 Jul 16, 2010 11:02am | Post# 272421

out for the day +98.....

Nene Jul 16, 2010 11:03am | Post# 272422

Lets see
 
Now we will see? I believe it is coming.


Look for the selloff around noonish tomorrow, anywhere from 11 AM to 1 PM

mfoste1 Jul 16, 2010 11:10am | Post# 272423

Now we will see? I believe it is coming.
it looks like the bounce was small and rejected, there might be some large offers @ 2950, 2965......Im tempted to looks for a short at the latter .....I dont think i will though, I locked in good profit today that just about covered me for the week.

husmas609 Jul 16, 2010 11:12am | Post# 272424

Now we will see? I believe it is coming.
interesting what you said there i think...but could you share us what you mean by it is coming because my bears tp is at 1.2897 with sl reduced to 1.2962 now and still waiting to close my trade for the weekend because the market is slower right now and its 11.12 pm here

seanosms Jul 16, 2010 11:13am | Post# 272425

Swissy just got driven up but nothing like drop on eurusd!!
SNB?

bt062 Jul 16, 2010 11:14am | Post# 272426

it looks like the bounce was small and rejected, there might be some large offers @ 2950......Im tempted to looks for a short .....I dont think i will though, I locked in good profit today that just about covered me for the week.
watch for the last tick today
i believe you will help u more

Pinero Jul 16, 2010 11:15am | Post# 272427

1 Attachment(s)
beside we reached the 61.8 fib on daily...

maybe there is some room down before up again??
look at chart, tl should give some resistance!!!


http://www.forexfactory.com/attachme...1&d=1279293164
Click to Enlarge

Name: 2010-07-16_171203.png
Size: 31 KB

mfoste1 Jul 16, 2010 11:17am | Post# 272428

Swissy just got driven up but nothing like drop on eurusd!!
SNB?
theres still a lot of pressure from the from longs......

seanosms Jul 16, 2010 11:20am | Post# 272429

theres still a lot of pressure from the from longs......
OK
But usd jumped on CHF and has run it up 100 pips with no discernible similarity on eurusd in same timeframe

ikhram Jul 16, 2010 11:23am | Post# 272430

interesting what you said there i think...but could you share us what you mean by it is coming because my bears tp is at 1.2897 with sl reduced to 1.2962 now and still waiting to close my trade for the weekend because the market is slower right now and its 11.12 pm here
org msia ke?

mfoste1 Jul 16, 2010 11:24am | Post# 272431

OK
But usd jumped on CHF and has run it up 100 pips with no discernible similarity on eurusd in same timeframe
yes but there are still a lot of eu longs still in the market holding this thing up.....more swissy longs may have liquidated than eu longs....look at eur/chf

however, eur/chf is approaching some serious resistance, that may mean more eu long liquidation as well

when eur/chf hits 3628 look for a selloff of eu

husmas609 Jul 16, 2010 11:25am | Post# 272432

org msia ke?
nope...im bruneian...u r from?

Pinero Jul 16, 2010 11:26am | Post# 272433

1 Attachment(s)
morning doji star at 3h tf

seems more way down??
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tradedragon Jul 16, 2010 11:27am | Post# 272434

Anyone going long to $1.30 again?

dts316 Jul 16, 2010 11:32am | Post# 272435

tradedragon,
are u looking for reversal @ certain support lvl?? or are u going long now?

husmas609 Jul 16, 2010 11:34am | Post# 272436

I guess that's it for today, happy to go to sleep with a total of 220% profits today, what a day, manage to release a bit trading tensions for the week with a winning football game earlier this afternoon and won 6-2. wishing you guys out there good luck with the trading and i'll join again next monday...my wife is waiting in the other room..what a bonus.....hehe

tradedragon Jul 16, 2010 11:35am | Post# 272437

Wow... 220% profit? that's awesome.. Teach me someday too.

PIPMunch Jul 16, 2010 11:35am | Post# 272438

Yes my bad, I couldnt believe what was happening at the moment, in any case if this continue I will ride the bull beyond 1.30 with the double than south.

Now it seems 1.2930 it's giving fight, the dxy is weak that is not helping bears.
I'm using igindex, not at my normal computer so i can't use my MT4 charts, but if it blows through 1.2930, we should go straight to 1.2890.

1.2890 was a previous resistance and all resistance will become support once broken.

Just my 2cents.

ikhram Jul 16, 2010 11:37am | Post# 272439

nope...im bruneian...u r from?
sabah, msia.

fontu Jul 16, 2010 11:38am | Post# 272440

1 Attachment(s)
Perhaps this bo at 1.3005 is over at firsthand support at 1.2922, but may test next too at 1.2903 too before in a context of expanding triangle ,even breaks down to 1.2876/61 possible but to tl 1.28 still not thinking ,all in readying for the next assault breaking 1.3005
fontu
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