Attachments: EURUSD

EURUSD

#3,501
Jan 7, 2008 2:17pm Jan 7, 2008 2:17pm

mktjong
| Joined Nov 2006 | Status: Trader | 5,040 Posts

Quoting rgitt05

Disliked

As long as the EURUSD follow the trendline, this pair will evenually break out to the upside .. The resistance in 1.4810 range..

You be the judge!

Trend is your friend....

Charts don't lie...

rgitt05

Ignored

Yeah, chart don't lie but chart is always historical .. lagging information/indicator

#3,502
Jan 7, 2008 2:24pm Jan 7, 2008 2:24pm

chady250
| Joined Jul 2007 | Status: Just another 21 year old amature... | 356 Posts

I think we may have a reverse head and shoulders pattern on the 4 hr charts, this may help us move up to the 1.5000 area

"Don't work for your money, but let money work for you."

#3,503
Jan 7, 2008 2:33pm Jan 7, 2008 2:33pm

jogge
| Joined Oct 2006 | Status: Trader | 21 Posts

What happend at 17:05 GMT today? I see no news that should have come out at that time.

Is there an explanation or is it just a "lets sell the pair" thingy aorund the world?

#3,504
Jan 7, 2008 2:46pm Jan 7, 2008 2:46pm

jacobtrader
| Joined Dec 2007 | Status: Trader | 545 Posts

Quoting chady250

Disliked

I think we may have a reverse head and shoulders pattern on the 4 hr charts, this may help us move up to the 1.5000 area

Ignored

Please show me the chart study.. thx

#3,505
Edited 3:01pm Jan 7, 2008 2:48pm | Edited 3:01pm

rgitt05
Joined Oct 2005 | Status: Trader | 3,596 Posts

Good observation on the Reverse " Head and Shoulders" Chady250!!

Based on the 4hr TF the trend is heading upward..

Fundamentals are lagging so more bad subprime mortgage is not out yet..

Trendlines don't lie..

You be the judge!

rgitt05

Quoting chady250

Disliked

I think we may have a reverse head and shoulders pattern on the 4 hr charts, this may help us move up to the 1.5000 area

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: eurusd 4 hrtf1.gif
Size: 24 KB

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#3,506
Jan 7, 2008 4:03pm Jan 7, 2008 4:03pm

MackS10
Joined Feb 2007 | Status: Goal achieved | 914 Posts

Short signal taken in daily set up. Prob. test 1.4520

#3,507
Jan 7, 2008 4:30pm Jan 7, 2008 4:30pm

chady250
| Joined Jul 2007 | Status: Just another 21 year old amature... | 356 Posts

Quoting rgitt05

Disliked

Good observation on the Reverse " Head and Shoulders" Chady250!!

Based on the 4hr TF the trend is heading upward..

Fundamentals are lagging so more bad subprime mortgage is not out yet..

Trendlines don't lie..

You be the judge!

rgitt05

Ignored

Hey thanks! I was looking at your other chart that you posted, and I was like, hmm isent that a reverse head and shoulder. Anyway lets still hope that it has power to push to the upside.

"Don't work for your money, but let money work for you."

#3,508
Jan 7, 2008 5:43pm Jan 7, 2008 5:43pm

jacobtrader
| Joined Dec 2007 | Status: Trader | 545 Posts

See the neckline of the first Head Shoulder Pattern..thats a good support.

EUR/USD looks to move Upwards on tuesday..

We will see how it goes...

And we have a nice Hammer.. a signal for to go long.. And bullish belt will open at low..

Attached Image (click to enlarge)

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Name: eurusd7.gif
Size: 34 KB

#3,509
Jan 7, 2008 6:33pm Jan 7, 2008 6:33pm

Schminner
| Joined Jun 2007 | Status: Trader | 939 Posts

Quoting falcon232

Disliked

This pair is itching to test 1.4750 and then 1.49. I think we'll be hitting 1.50 by next week.

Ignored

Speaking of itch, I need to scratch myself ....

1.5 next week ???

think so ???

btw, there are many Massholes in here, and I'm one of them ...

#3,510
Jan 7, 2008 6:48pm Jan 7, 2008 6:48pm

kujo17
| Joined Dec 2007 | Status: Wish I had more capital !! ;-) | 1,050 Posts

ole school Masshole.......

http://dallaspenn.com/pics/albums/al...iotsPlaque.jpg

#3,511
Jan 7, 2008 7:37pm Jan 7, 2008 7:37pm

Eklavya
| Joined Dec 2007 | Status: Trader | 447 Posts

Checking In...

#3,512
Jan 7, 2008 7:38pm Jan 7, 2008 7:38pm

arinforex
| Joined Oct 2007 | Status: GbpUsd Trader, trade defensively | 659 Posts

EU going down...

#3,513
Jan 7, 2008 7:39pm Jan 7, 2008 7:39pm

jacobtrader
| Joined Dec 2007 | Status: Trader | 545 Posts

It will be back up again.. not to worry

#3,514
Jan 7, 2008 7:43pm Jan 7, 2008 7:43pm

banana9009
| Joined Feb 2007 | Status: Trader | 405 Posts

i have another suggest !

Attached Image (click to enlarge)

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Name: eur0801.jpg
Size: 47 KB

#3,515
Jan 7, 2008 7:49pm Jan 7, 2008 7:49pm

jacobtrader
| Joined Dec 2007 | Status: Trader | 545 Posts

Quoting jacobtrader

Disliked

See the neckline of the first Head Shoulder Pattern..thats a good support.

EUR/USD looks to move Upwards on tuesday..

We will see how it goes...

And we have a nice Hammer.. a signal for to go long.. And bullish belt will open at low..

Ignored

A good momentum is being build.. EUR/USD is bullish today