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  • #3,421
  • Dec 29, 2007 1:44pm Dec 29, 2007 1:44pm
Quoting falcon232
I'm in Mass too!

I am in Nashua, NH area..right up the road from you guys
  • #3,422
  • Dec 29, 2007 1:45pm Dec 29, 2007 1:45pm
Quoting Cmartin371
I am in Nashua, NH area..right up the road from you guys
wow, a bunch of New Englanders here in this forum ...
  • #3,423
  • Dec 30, 2007 11:15am Dec 30, 2007 11:15am
hehe im from the little rock in the big pacific ocean.
"Don't work for your money, but let money work for you."
  • #3,424
  • Dec 31, 2007 9:59am Dec 31, 2007 9:59am
The recent up move has given me a nice headache, but I kept my shorts open to see if 1.4750 would be broken!

Now Ema50 will be retest for sure at 1.4490 so my 1st short at 1.4480 and second at 1.4630 will be closed at 1.4490, and I will keep my short from 1.4717 until we see 1.43 again.
My view is if price goes to 1.43 again we will see 1.40 like a rocket!

WE will see a nice Monthly DOJI!!
Attached Image (click to enlarge)
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  • #3,425
  • Dec 31, 2007 10:44am Dec 31, 2007 10:44am
a monthly Doji could be a warning for euro.

but lets see if usa fundamentals help or convert that supposed doji into a head shoulders pattern, then could be far worse for usd.
  • #3,426
  • Dec 31, 2007 12:33pm Dec 31, 2007 12:33pm
Quoting acidguy
a monthly Doji could be a warning for euro.

but lets see if usa fundamentals help or convert that supposed doji into a head shoulders pattern, then could be far worse for usd.
The last movements we have seen like 1.43 to 1.4750 and now to 1.4570,
Can you advise me, what Fundamentals have done these movements?

HAPPY NEW YEAR, FOLKS!!
  • #3,427
  • Dec 31, 2007 12:45pm Dec 31, 2007 12:45pm
Quoting BoredToLoose
The last movements we have seen like 1.43 to 1.4750 and now to 1.4570,
Can you advise me, what Fundamentals have done these movements?

HAPPY NEW YEAR, FOLKS!!
hey man, whats up with your screen name? just curious.
"i wake up in the morning, and i piss excellence"
  • #3,428
  • Dec 31, 2007 3:10pm Dec 31, 2007 3:10pm
let me say again: down trend.
Some bad boys pushed euro up when no one is trading...

I do not care about fundamentals.
  • #3,429
  • Jan 1, 2008 12:55pm Jan 1, 2008 12:55pm
I am not sure of a downtrend. I believe the pair will hit record highs by this month. 1.50 area is possible before the dollar starts to gain strength again. However this is not the best area to go long. Will need a close above the weekly pivot point. For now we might see mid 1.4300s before the rally up.
  • #3,430
  • Jan 2, 2008 2:05am Jan 2, 2008 2:05am
long on this pair at this moment. The uptrend seems to be intact and no sign of downtrend whatsoever.
  • #3,431
  • Jan 2, 2008 2:14am Jan 2, 2008 2:14am
All these fellow MassHoles......

I'm in LA now, but grew up in No. Reading / Andover area.

  • #3,432
  • Jan 2, 2008 8:48am Jan 2, 2008 8:48am
This pair is itching to test 1.4750 and then 1.49. I think we'll be hitting 1.50 by next week.
  • #3,433
  • Jan 2, 2008 11:20am Jan 2, 2008 11:20am
If I am not mistaken, I think their is a possiblee head and shoulder pattern forming on the 4hr charts. First shoulder is around December 5ish. Please correct me if I am wrong, as this may be very beneficial to the upside.
"Don't work for your money, but let money work for you."
  • #3,434
  • Jan 2, 2008 2:37pm Jan 2, 2008 2:37pm
Quoting falcon232
This pair is itching to test 1.4750 and then 1.49. I think we'll be hitting 1.50 by next week.
there is not a single overbought level or any bearish entry. So I agree with you. My target was also 1.50 and this should be achieved before dollar gets strength. The pair will want to make a new record high before falling down dramatically.
  • #3,435
  • Jan 2, 2008 4:11pm Jan 2, 2008 4:11pm
Quoting Alfista
there is not a single overbought level or any bearish entry. So I agree with you. My target was also 1.50 and this should be achieved before dollar gets strength. The pair will want to make a new record high before falling down dramatically.
The ADP report tomorrow may be the catalyst. It caused a strong reaction last month.
  • #3,436
  • Jan 2, 2008 6:32pm Jan 2, 2008 6:32pm
I can't make up any excuse beyond conspiracy theory to justify this selling off.
  • #3,437
  • Jan 2, 2008 7:08pm Jan 2, 2008 7:08pm
Quoting TIckerShuffl
I can't make up any excuse beyond conspiracy theory to justify this selling off.
How about profit-taking? I don't think anybody still has a satisfactory explanation for the market crash of 1987 beyond "a lot of people freaked out".
  • #3,438
  • Jan 2, 2008 7:10pm Jan 2, 2008 7:10pm
yeah not looking good long now
  • #3,439
  • Jan 3, 2008 12:10am Jan 3, 2008 12:10am
Hmm I spy a possible bull flag occuring on the one hour charts. Is their a possible upward move in the next 4 hours???
"Don't work for your money, but let money work for you."
  • #3,440
  • Jan 3, 2008 2:26am Jan 3, 2008 2:26am
There is an inexplicably dramatic drop that seems to occur without failure in the first few minutes of every London session, followed by a gradual recovery to previous range/level. This time it's a 30 pip ride down within 7 minutes of the market open. I'm looking at the ticker and FTSE 100 is up about 20 points; what gives? The pound is down dramatically, too, but at least that's a little more understandable.
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