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EURUSD

  • #4,741
  • Feb 27, 2008 5:55pm Feb 27, 2008 5:55pm
Quoting xxDavidxSxx
To carve is to take away from. Like what happened to accounts shorting this strong up trend
What goes up must ... err keep going up
USD Est Non Mortuus
  • #4,742
  • Feb 27, 2008 6:04pm Feb 27, 2008 6:04pm
Quoting xxDavidxSxx
To carve is to take away from. Like what happened to accounts shorting this strong up trend
lol

touche!
  • #4,743
  • Feb 27, 2008 9:35pm Feb 27, 2008 9:35pm
H4 forecast
1) Ascending trend, target of movement 1.5310
2) if the pair won't be able to go up than level 1.5150, then level 1.5010 and 1.4950 will become its target. And if the pair won't be able to go down than level 1.4950, then level 1.5310 will become its target
Cancellation of the scenario 2, if the pair will be able to go down 1.4950
http://forexmillion.com/images/GRAPH...20forecast.gif

Daily forecast
1) Ascending trend, target of movement 1.5520
2) if the pair won't be able to go up than level 1.5310, then level 1.4950 will become its target. And if the pair won't be able to go down than level 1.4950, then level 1.5520 will become its target
Cancellation of the scenario 2, if the pair will be able to go down 1.4950
http://forexmillion.com/images/GRAPH...20forecast.gif
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  • #4,744
  • Feb 27, 2008 10:12pm Feb 27, 2008 10:12pm
Retesting 1.4980 would sure be a suprise to a lot of people, but it's possible. Thing could dip to 1.48...who knows???
  • #4,745
  • Feb 27, 2008 10:20pm Feb 27, 2008 10:20pm
I think for today it will go bearish but I dont think it will breach 1.50 psychological level, The farest it can goes around 1.5050 then bullish..
Money often costs too much...
  • #4,746
  • Feb 27, 2008 10:21pm Feb 27, 2008 10:21pm
Quoting TIckerShuffl
Retesting 1.4980 would sure be a suprise to a lot of people, but it's possible. Thing could dip to 1.48...who knows???
how, after tomorrow gdp data? + ben opening the mouth in public again + trichet talking?
  • #4,747
  • Feb 27, 2008 10:24pm Feb 27, 2008 10:24pm
I agree, I think both bernanke and trichet speech is very important for the trend in the future,
Money often costs too much...
  • #4,748
  • Feb 27, 2008 10:27pm Feb 27, 2008 10:27pm
Let it dip cause I am eagerly pressing longs..and buy stops every where
  • #4,749
  • Feb 27, 2008 10:30pm Feb 27, 2008 10:30pm
well if its breached 15040 it will go bearish tsting 1.48 area I think
Money often costs too much...
  • #4,750
  • Feb 27, 2008 10:44pm Feb 27, 2008 10:44pm
Quoting indotrader
well if its breached 15040 it will go bearish tsting 1.48 area I think
Imagine that!
  • #4,751
  • Feb 28, 2008 12:25am Feb 28, 2008 12:25am
I do not think it will go that far. Perhaps support at 1.4980, if it even tried to retrace you never know european names can take it to 1.53 right now.

I will just try to buy off hourly support with scaling..it should work out
  • #4,752
  • Feb 28, 2008 1:16am Feb 28, 2008 1:16am
ALL DEPENDS ON CHF NEWS, WHICH IS COMING AFTER 1 hours and few Min later.
  • #4,753
  • Feb 28, 2008 1:30am Feb 28, 2008 1:30am
For some reason I get this sick feeling this is the last push up by the euro before the substantial dollar rally.
Private message me for a link to my order flow website.
  • #4,754
  • Feb 28, 2008 1:38am Feb 28, 2008 1:38am
Quoting fxmillion
H4 forecast
1) Ascending trend, target of movement 1.5310
2) if the pair won't be able to go up than level 1.5150, then level 1.5010 and 1.4950 will become its target. And if the pair won't be able to go down than level 1.4950, then level 1.5310 will become its target
Cancellation of the scenario 2, if the pair will be able to go down 1.4950
http://forexmillion.com/images/GRAPH...20forecast.gif

Daily forecast
1) Ascending trend, target of movement 1.5520
2) if the pair won't be able to go up than level 1.5310, then level 1.4950 will become its target. And if the pair won't be able to go down than level 1.4950, then level 1.5520 will become its target
Cancellation of the scenario 2, if the pair will be able to go down 1.4950
http://forexmillion.com/images/GRAPH...20forecast.gif
Sorry to bother bro, how do you do the maths? How do you get to know which level price is supposed to get to. I'll appreciate it if you can put me through how to spot price targets.

Tolu
  • #4,755
  • Feb 28, 2008 1:53am Feb 28, 2008 1:53am
it has failed to breached 1.5085, now it will go bullish, tp sumwher at 1.51 i think ^^
Money often costs too much...
  • #4,756
  • Feb 28, 2008 2:22am Feb 28, 2008 2:22am
Let us not think beyond price tops, and bottoms. This week, we will sell dollar strength..maybe positioning for next week changes, another story.

CHF is too stretched.. oh wah
  • #4,757
  • Feb 28, 2008 3:30am Feb 28, 2008 3:30am
couple of time EU has tried to break pivot. But .. Not successfully.. I looking for Solid signals to go Long.. still haven't solid signals.
I am expecting Eu to make a dip .1.5040 to 1.5000 .. I will keep buying from there.. Same like Old strategy.. Targets could be 1.52 to 1.53. Market is dynamic , For now this is the plan. can be changed any time with the conditions of market
  • #4,758
  • Feb 28, 2008 6:59am Feb 28, 2008 6:59am
Yeah, long is the way...from here...too long without retrace, basing here and will bounce off 20SMA on the H4, maybe sooner.
  • #4,759
  • Feb 28, 2008 7:28am Feb 28, 2008 7:28am
waiting for news after 3 Min...
Bernank and Trichet speech today will have really high impact at market.
  • #4,760
  • Feb 28, 2008 7:35am Feb 28, 2008 7:35am
here we go again, one final bursttt for this week, before the balloon deflates, and we retrace... ahhh what a wonderful week
Trade the reaction, not the news!
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