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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

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  • Post #4,781
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  • Feb 28, 2008 2:24pm Feb 28, 2008 2:24pm
  •  Schminner
  • | Joined Jun 2007 | Status: Member | 939 Posts
The dollar is being flushed down the toilet .... soon, the toilet will not accept any more dollar too ... LOL :surprised
 
 
  • Post #4,782
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  • Feb 28, 2008 2:35pm Feb 28, 2008 2:35pm
  •  acidguy
  • | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
Quoting charlinks
Disliked
You are holding a short?! Wow... I mean it's one thing to speculate about downturn but after it broke 1.49 I think it was obvious what's next...

You may not even see 1.4999 this year and if you do load up as fast as you can!
Ignored
something like thatr i guess....

long in u/chf at 1.0750.... but not very smart move.
i really was thinking this pair was going down.

Monday....
- that day on the morning a great report in bloomberg about swissy and the future of usd. they basically telling the market gone in cycles and usd should recover even as usa economy faltered cause europe economy were also in trouble and trichet would lower rates even as he doesnt not want it.

- later in dailyfx.com. analisys of u/chf saying, we finally know where u/chf is headed, and its true, the last 2 months they did not have an idea.
there even targeting 1.50 in the long term.

- that night, pfxglobal.com , showing why he was pretty bullish on usd/chf as thir pair was overextended.

in thursday morning the nightmare started. suddenly the eruopean ifo report came good. but euro did not gain too much by the moment.

next day a great institutional trader of managed funds in gft.
started to make calls about u/chf when it was below 1.0800 area.

so what did i do? jumped. with a crazy risk. very crazy risk as i did back on my noobish days.
but u/chf has plummeted even a faster rate then eu and + to that chf employment rerpot came good.

but probably there is something to be learnt.
dont trust others.... Trust Yourself!.
 
 
  • Post #4,783
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  • Feb 28, 2008 2:38pm Feb 28, 2008 2:38pm
  •  pipsy_2
  • | Joined Feb 2008 | Status: Member | 214 Posts
I'm so stupid !

I need huge hammer to hit my head !

I should have listen to you guys
4X is the biggest casino in the world...Open 24h Monday to Friday.
 
 
  • Post #4,784
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  • Feb 28, 2008 2:39pm Feb 28, 2008 2:39pm
  •  hilmy83
  • Joined Jun 2006 | Status: Do NOT tilt | 5,708 Posts
Damn it euro! missed the train. I'm waiting on the sidelines. Everytime i see a daily close higher, i just die a little inside


on the bright, at least i'm not shorting this madness
Working towards CME membership
 
 
  • Post #4,785
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  • Feb 28, 2008 2:43pm Feb 28, 2008 2:43pm
  •  CounterTrend
  • | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
I think the retracement was limited to 1.5070/80 and it reach fib projection.
I prefer buying dips as monthly charts are overbought and argue for a correction. Do not exit your longs, just exercise some caution.

I do not want to trust the market will take us to 1.55 before a slip into low of 1.51/50 at least now. But lets us, I am probably wrong.

I had no chance to get longs, so I will wait for a big dip to get in.
 
 
  • Post #4,786
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  • Feb 28, 2008 3:06pm Feb 28, 2008 3:06pm
  •  acidguy
  • | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
from this point on the dollar will take a relief, bellieve me

is known when uj reach 105 lower, the boj start supporting the dollar, lol
and dont call me a crazy theorist. they just expressed it....

also this could spark some rally from the banks who are obsessed with the idea of usd reaching again 1.3500.

many big boys got caught at position around 1.50... they wont lose so easy.
they control in part the market. of course discounting the big red dragon (china) who is happy politically with the destruction of usd.

and after all of 90% speech of ben smashing the usa economy at least he said, usa was not likely to fall into stagflation and said,
2008 end would start recovery. lets see..... how traders take this.
remembers we have gone from 1.29 to 1.52 in a few months cycle. this could be reversed at any point, europe economy is not inmune.
 
 
  • Post #4,787
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  • Feb 28, 2008 3:11pm Feb 28, 2008 3:11pm
  •  FXStarShip
  • | Joined Jan 2008 | Status: Member | 76 Posts
The euro is bouncing around like a cat on acid!!
 
 
  • Post #4,788
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  • Feb 28, 2008 3:14pm Feb 28, 2008 3:14pm
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
untill it starts going down its gonna keep going up.

Just figured I'd state the obvious like every one else.
 
 
  • Post #4,789
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  • Feb 28, 2008 3:16pm Feb 28, 2008 3:16pm
  •  FXStarShip
  • | Joined Jan 2008 | Status: Member | 76 Posts
I get it now-I've been doing it all wrong!!


[quote=xxDavidxSxx;1875691]

untill it starts going down its gonna keep going up.
 
 
  • Post #4,790
  • Quote
  • Feb 28, 2008 3:16pm Feb 28, 2008 3:16pm
  •  CounterTrend
  • | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
Let us be logical though. The US economy will face bad time. Regarding USDJPY, excuse me, usdjpy is heading in a longer term downtrend to test 100 then 95.

And this move is coming, the usdjpy decline wave three of three will begin in a month approx to target 100 and below.

I only see a small dollar rally infront of more losses, and more suffering thats it.
 
 
  • Post #4,791
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  • Feb 28, 2008 3:26pm Feb 28, 2008 3:26pm
  •  acidguy
  • | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
Quoting FXStarShip
Disliked
The euro is bouncing around like a cat on acid!!
Ignored
yeah, the euro bulls are a case of deep analisys....
but thats true, probably the euro bulls are full of cash, $$$power$$$
while the usd bulls are broken...
 
 
  • Post #4,792
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  • Feb 28, 2008 3:29pm Feb 28, 2008 3:29pm
  •  Schminner
  • | Joined Jun 2007 | Status: Member | 939 Posts
Quoting CounterTrend
Disliked
Let us be logical though. The US economy will face bad time. Regarding USDJPY, excuse me, usdjpy is heading in a longer term downtrend to test 100 then 95.

And this move is coming, the usdjpy decline wave three of three will begin in a month approx to target 100 and below.

I only see a small dollar rally infront of more losses, and more suffering thats it.
Ignored
I don't think the Japs will let the dollar go that low against their currency. Otherwise, nobody in the US will be buying Hondas, Toyotas, Sony, and other Japanese made products, because it will be way too expensive.
 
 
  • Post #4,793
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  • Feb 28, 2008 3:31pm Feb 28, 2008 3:31pm
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
Quoting Schminner
Disliked
I don't think the Japs will let the dollar go that low against their currency. Otherwise, nobody in the US will be buying Hondas, Toyotas, Sony, and other Japanese made products, because it will be way too expensive.
Ignored
That's true. I think US going to have to have a change of heart about policy because ignoring the dollar and the affects on inflation is just a HUGE mistake. I'm opening new short here...lol. It's just peanuts.
 
 
  • Post #4,794
  • Quote
  • Feb 28, 2008 3:38pm Feb 28, 2008 3:38pm
  •  acidguy
  • | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
LOL, dollar dropped to 1.52 just when bush said he was for a strong dollar.
(hahahahaah, the only, only one, who has smashed, killed, created debt for the dollar has been him).

how the americans dare to hire people like this for the job.
well can not say too much, we also hired hugo chavez
 
 
  • Post #4,795
  • Quote
  • Feb 28, 2008 3:40pm Feb 28, 2008 3:40pm
  •  LuckyLurker
  • Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
Quoting acidguy
Disliked
LOL, dollar dropped to 1.52 just when bush said he was for a strong dollar.
(hahahahaah, the only, only one, who has smashed, killed, created debt for the dollar has been him).

how the americans dare to hire people like this for the job.
well can not say too much, we also hired hugo chavez
Ignored
We didn't. Thats the thing.
USD Est Non Mortuus
 
 
  • Post #4,796
  • Quote
  • Feb 28, 2008 3:48pm Feb 28, 2008 3:48pm
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
This thing has gone 600-800 pips with no significant retrace. I will start to lean toward the retrace possibility now.
 
 
  • Post #4,797
  • Quote
  • Feb 28, 2008 3:53pm Feb 28, 2008 3:53pm
  •  FXStarShip
  • | Joined Jan 2008 | Status: Member | 76 Posts
Interesting point Lucky!


Quoting LuckyLurker
Disliked
We didn't. Thats the thing.
Ignored
 
 
  • Post #4,798
  • Quote
  • Feb 28, 2008 4:11pm Feb 28, 2008 4:11pm
  •  CounterTrend
  • | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
I am long usdchf now.. aiming at a modest bounce, its stalling still
 
 
  • Post #4,799
  • Quote
  • Feb 28, 2008 4:16pm Feb 28, 2008 4:16pm
  •  acidguy
  • | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
come on usd, dont stall....

finally a decent fight around 1.5210-1.5220...
hope this pair collapse, wohohohhoho..... how it went up comes down.
 
 
  • Post #4,800
  • Quote
  • Feb 28, 2008 4:21pm Feb 28, 2008 4:21pm
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
During this uptrend i always considered a suicide to go short, but, i shorted at 1.5202, i'm with you bears (all the bears who shorted eur-usd)

Come on!! let it go down!!!
 
 
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