EURUSD

I never had a problem with british ppl. Some of them come across as being very depressed! lol...

German and Dutch tourists are friendly....the dutch know how to have a good time! :-)

I don't think most Americans approve what those crooks are doing

on the Wall street and their buds in the Senate. I never meant to say

anything bad about the people. Politicians are sucks, especially Americans.

How much money they through out of the window on wars. Time will change

USD will go down the drain and maybe it's good for USA in whole, cause then

they can take a good care of their own people, instead of screwing and

pinching everyone else in the world cause game Is over, time to look in

your own backyard.

Skyzrfx,

Taxes and no jobs.. $USD = drunk unemployed dude with unlimited credit

card on welfare, that's why I'm long anything but USD.


Your sentiment, in my opinion, is anti-US anything and the unemplyed drunk dude made me feel like you were stereotyping the common unemployed person. I have seen many families and homes destroyed due to this economy. I do not want EU or Greece or anyone to have to go thru any of this.

And I for one had two FULL time jobs and Lost one that was over $20k of income. My child support did not get adjusted and I lived on credit cards to make the bills for this very reason. I fought hard to get another job but without a reduction in child support and a job, I could not make it. I can not find a job that will work within my hours of my other full time job.

The economy is horrible and I am blessed to at least still have my other full time job. During the last year, I did and have consumed alcohol many many nights to just understand it all and deal with it. It doesn't make it right but its where my life is at this moment. Not every unemployed dude is a drunk on unlimited credit.

It wasn't that I lived beyond my means....there were other factors involved.....but US, EU, Greece.....we all live in a GLOBAL ECONOMY where we all are affected by each other. I would hate to see anyone have to go thru that. I hope all these countries can get back on track.

You are always seem to counter anyone that is for a strong dollar over EU. I was just saying you have some good points but they are one-sided and may get lost here due to your tone...but that's your choice.

And 4xjunki,

All I am saying is the US is involved in so many countries and affects so many people that they are not always going to be favorable to some other country. My gosh how many of us can honestly say we get along wioth our own family members. The US helps alot of countries whether its for capitalism or hummanity. I have many friends of mine who are in Haiti and South Africa doing so much to help those countries out. I for one have been to Haiti for that exact reason. No self-gain. Just serving someone in need!

Goodluck to all here!

The majority of the ex-pats are the racists that couldnt handle transformation, as they had the cream of the crop before. They would prob. fit in nicely in the US, you the whole im better than you mindset.

british girls do so as well... very well

I am proud to be a United States citizen. This is the land of the free. Home of the brave. This is trading. I will never talk against another country. In trading it will make you or break you. If i lose money in a trade its a trade. I trade mm to stay in the game.

No. I am no better than the next man or woman. We all have our faults and failures. But we all live to see another day.

I can't understand how some people can be so stupid. It does no one any good to be stupid.

I'm not hear to argue. I'm here to learn the game. I'm just over mad humans.

To get it you have to earn it. You want it, you can get it.

I am proud to be an american. I hope i didn't lose the trade entertaining foolishness.

Well enough said.

Back to the charts.

i always had a thing for british ladies....they do sound funny thou.

Strange thing is they were rated the ugliest women in a recent survey. Im sure they never took into consideration Africa when they did that survey! :-)

Ok on a lighter note...who made money today?who got their asses handed to them... be honest guys!

PS: I think cpt has the hottest women in the world...u guys should check it out. Like a glamour magazine...i have a rubber neck just driving around town!

Actually they came into Orange county Irvine area. I did not say they were bad people at all they were just like white bread Americans. I never found them to be racist here but you know more than I in your own county..
Ok nuff said back to trading..
Dean

may be down , i think ...this is 5 min chart

whats a white bread american? i heard of red necks...lol..

A whole bunch o'nuthin.

it just formed a bullish flag on my 5 min chart.

This is a real US citizen.

this is elwave 5min chart, its not like mt4 charts....

Never have done it before. I'm not a computer wiz but, would like to know.

wow I never see similar to this stomach..check the safety valve or a breakout will happen soon

haha, just saw it. do you really have that big button telling you the direction in that corner?

just a slang term meaning white, very republican etc

No vol on the upmove since 1.3560....vol appeared on the upthrust...sellers are coming
I'll short @ 1.3630 for a move down to the lows

I dont think that shorting the EUR/USD is such a good idea for the next 24-36 hours. We have a triangle that it looks like very much completed:
http://www.forexfactory.com/showpost...stcount=198364

with behaviour characterisitics that are reminisent of a thrust out of a triangle. This triangle happens to be at the end of a major drop on the H4 time frame and it implies upward motion.

Now if the elliot wave analysis is wrong, and we dont have a triangle, then we are still in rangebound territory between 3500 and 3800, with a full impulse pattern finishing at 3540 (3794-3540). This impulse could be wave C of a flat, which again implies upward reversal.

If the theory of more downward action would have held, we should not be seeing such a strong support at 3530-3550 zone. The drop from 3795 should have gone and cleared 3500 by now, and we should have been close to 3480. It didnt do that, implying the fact that we are in rangebound territory. The way you trade this region is Buy at the lower end and sell at the upper end. If you dont catch it in time then the Buys become a bit dangerous because they are counter trend moves, and they need tight stoplosses in order to be successfull entries. So best buys were at 3555-3575, if you missed it stay out. I got in myself at 3561

If this was a contracting triangle then you would have seen a very strong thrust to the B-D trendline, but since its a reverse triangle the movement upwards is going to be rather slow, steady and corrective, creating a lot of false illusions that we are switching downwards. So thats why that the region between 3555 and 3650 is not such a good region to go short. The behaviour that you would see in this region is that higher highs will be created after large retracements of the order of 50-61.8 fibonacci, then as you get close to the B-D trendline the thrust speeds up, breaking the B-D trendline and then retracing back to it for support, before moving up again, this is typical behaviour in a triangular thrust.

The more time passes we can make a better judgement on whether this is a triangle or a complex Flat formation, but in both cases right now I wouldnt short the EUR/USD till some more time passes.

Hope it helps