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EURUSD

Quoting xxDavidxSxx
Found it

According to this the top is almost a month away.
David, why the break at 1.6055 ? Doesn't it make sense that if and when it breaks 1.6 it'll fly high up like with 1.5 ?
On the path to Enrichment.
I killed a chicken it looks to me like eur/usd is heading south in the near term.
How you act is more important than how you feel.
you guys are new at this, I already have a crystal ball and throw beans every morning.

http://www.premiersouthrealty.com/xS...tal%20ball.jpg
unemployment news 7.1%, thats good for euro,...at least for 100 up...right?
its just money
Quoting de123
unemployment news 7.1%, thats good for euro,...at least for 100 up...right?
ISM + ADP should do the thing, but until then it is speculators hours.
Quoting Warmagus
I killed a chicken it looks to me like eur/usd is heading south in the near term.
you killed a ... chicken ?
It's going down, just before hand it's wants to torture me.. Couldn't just drop to 562 area right away but has to get stuck above 565.. Still nice profit but it gets on my nerves, got out with orders to sell below 565 till near 562..
Gotta go do some hw finally..
On the path to Enrichment.
Quoting de123
yeah,...if i may say, ...there is no need to trade anything else but yen crosses....
That's interesting.. considering what's been up with EUR/JPY and USD/JPY the past week you must be a very good range trader but you like trends less..
On the path to Enrichment.
Quoting de123
yeah,...if i may say, ...there is no need to trade anything else but yen crosses,...especially euro, or cable..., no really i feel 100% more relax when trading yens then euro,...first it moves faster...u can get it back way earlier then u can with the euro, ...when u say short, evrybody says YEs,..when u say short euro 15860s+ level, evrybody says NOOOO, dont do that,...u shouldnt do that,...when u say long 15666, evrybody says its scary...im not finished,...if u wona long 1.540s level evrybody says NOOOOOO its going to 1.50s,...same at 1.44s, it was scary dont do it, it will go to 1.4375 or 1.36.....then tell me how can we trade that shit...if evrybody whould shut the fuck up, and trade what the price action,...not what they think it wiill go...it would be easier,...till then euro sucks....
That's why the best indicator is to trade the opposite of what the majority says ... of course they wouldn't admit that they had losses, but they always lose (that's a joke, sometimes the majority is right ... but than again ... that's like 20 % of all cases.)
Did I mention weekly pivot last night?

Were now under the weekly pivot, where before it would have bounced.

I had a pending order just incase it went for the pivot, nice to wake up to be 120 pips in the +
  •  emda
  • | Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
Quoting xxDavidxSxx
1.5668 weekly pivot. Keep an eye on that. Watch for bounce.
well.. didn't bounce too much.,.. in fact... crossed it... but good insight
Is there anyone confused about what happened?


Oil companies I spoke of last night are meeting today about the losses. I think to report the losses too.
This could be very dollar positive depending on out come of meeting.
Quoting emda
well.. didn't bounce too much.,.. in fact... crossed it... but good insight
Wach for bounce, also means watch for it to break.

But the real meaning of the quote was to let every one know it will be visiting the pivot soon.
And it did, just as it does each and every week.
7.1 unemployment this morning was no change from previous. The news was basically neutral to neg.
  •  emda
  • | Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
Quoting xxDavidxSxx
Wach for bounce, also means watch for it to break.

But the real meaning of the quote was to let every one know it will be visiting the pivot soon.
And it did, just as it does each and every week.
...yes.. amazing...
1.5471 is the first support in the weekly pivots.. I wonder if we can go there this week... I'm waiting for the ISM Non-Manufacturing Composite... we may see a euro rally again...

we are at the bottom of the daily fork
Theres a trend line at 1.5545/55 range. Maybe there, but if that breaks, look out below
  •  emda
  • | Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
it seems now that everybody has forgoten the bad news from US.... and gold is very cheap now... I remember with gold at 1000 and everybody saying... gold gold.. go to gold because is secure... heh and now is at 890
This thing really decided to torture me, fell right after I left but then stopped a pip short of my target at 624.. Waiting again...

Seems like the big triangle line (if the first low is correct) is at 5400 now and below 53 would make it a double top.. below 5620 there's 5570 then 5500 then 5440 then 5400...
On the path to Enrichment.
Back above pivot, close shorts and wait.
  •  emda
  • | Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
nice avatar jurrasic
as they are telling in cesarnc thread... it's april fools day... this euro sell is only a joke... hahaha :
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