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EURUSD

  • #7,721
  • Apr 28, 2008 8:55pm Apr 28, 2008 8:55pm
Quoting Ultraman
thankz Clouds,
i went long at 1.5637 now i get some couple of pips..
did u confindent it climb to 1.57?
I see resistance 1.5715 and support at 1.5609 from my trend lines
  • #7,722
  • Apr 28, 2008 9:01pm Apr 28, 2008 9:01pm
Quoting warta
major trend is bearish , i think price will hit 1.5670 area then fall down again
thankz warta, so i will set my TP at 1.5665
guys i take u all as my ultraman family
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  • #7,723
  • Apr 28, 2008 9:04pm Apr 28, 2008 9:04pm
Quoting Clouds
I see resistance 1.5715 and support at 1.5609 from my trend lines
clouds, rite now EURUSD getting rangging isn't it's become to retrace or what?
  • #7,724
  • Apr 28, 2008 9:05pm Apr 28, 2008 9:05pm
Quoting Ultraman
hi dude,
off course i'm with green pips LOL
how about u dude,
green pips rite now
yerp ...
& thanx to u too... just little green pips rite now.. manage to get 5 pips when going down & rite now 8 pips while the price is up .. still not close it yet.
  • #7,725
  • Apr 28, 2008 9:19pm Apr 28, 2008 9:19pm
Quoting Ultraman
clouds, rite now EURUSD getting rangging isn't it's become to retrace or what?
Everything is ranging in tight ranges right now.. I think it's going up, but it could go down>
  • #7,726
  • Apr 28, 2008 9:23pm Apr 28, 2008 9:23pm
Quoting Clouds
Everything is ranging in tight ranges right now.. I think it's going up, but it could go down>

sure if not up then down there is no other direction
  • #7,727
  • Apr 28, 2008 9:25pm Apr 28, 2008 9:25pm
Quoting Clouds
Everything is ranging in tight ranges right now.. I think it's going up, but it could go down>
It's a public holiday in Japan today so the Japanese market is closed. As it is the biggest one in Asia, the rest of the markets in the region just can't do anything big. Besides everybody is holding back ammunition until the FOMC announcement and a slew of other economic news from the US. So my guess is that things will pick up a bit when London session starts later, but the real directional move will come tomorrow.
Expected the unexpected
  • #7,728
  • Apr 28, 2008 9:26pm Apr 28, 2008 9:26pm
Quoting Clouds
Everything is ranging in tight ranges right now.. I think it's going up, but it could go down>
ahakz, so do i close my post rite now Clouds
  • #7,729
  • Apr 28, 2008 9:28pm Apr 28, 2008 9:28pm
Quoting scyang
It's a public holiday in Japan today so the Japanese market is closed. As it is the biggest one in Asia, the rest of the markets in the region just can't do anything big. Besides everybody is holding back ammunition until the FOMC announcement and a slew of other economic news from the US. So my guess is that things will pick up a bit when London session starts later, but the real directional move will come tomorrow.
wah scyang,
great la you, so did u still in long post or stay a side?
  • #7,730
  • Apr 28, 2008 9:36pm Apr 28, 2008 9:36pm
Quoting scyang
It's a public holiday in Japan today so the Japanese market is closed. As it is the biggest one in Asia, the rest of the markets in the region just can't do anything big. Besides everybody is holding back ammunition until the FOMC announcement and a slew of other economic news from the US. So my guess is that things will pick up a bit when London session starts later, but the real directional move will come tomorrow.
Wow, little did I know that today is public holiday..No wonder markets are moving painfully slow..
Any thought on the incoming FOMC interest rate decision?
"Building Wealth By Confidence, Consistency, & Compounding"
  • #7,731
  • Apr 28, 2008 9:41pm Apr 28, 2008 9:41pm
Quoting Ultraman
thankz Clouds,
i went long at 1.5637 now i get some couple of pips..
did u confindent it climb to 1.57?

duh, i'm close at 1.5652 which it's up again LOL
anyway +15pips only for today
i wanna take shower 1st then take my lucnch..
after come back to 2nd trade

wish the best of you
  • #7,732
  • Apr 28, 2008 10:21pm Apr 28, 2008 10:21pm
Got my 20pips from e/u long. Gosh it took 7 hours for it to hit my target.
  • #7,733
  • Apr 28, 2008 10:22pm Apr 28, 2008 10:22pm
Quoting Ultraman
duh, i'm close at 1.5652 which it's up again LOL
anyway +15pips only for today
i wanna take shower 1st then take my lucnch..
after come back to 2nd trade

wish the best of you

ultraman...u r from singapore??or where??
  • #7,734
  • Apr 28, 2008 10:26pm Apr 28, 2008 10:26pm
Quoting sonicdeejay
ultraman...u r from singapore??or where??
haha...ultraman i think most of them never heard of Malaysia.....hahaha....

ok something to remind u guys of Malaysia.....

our government spent money to send a tourist with the Russian Air space to the outer space....hahaha...tat is called Malaysia Boleh....

hope that can refresh some of ur memories....haha
  • #7,735
  • Apr 28, 2008 10:45pm Apr 28, 2008 10:45pm
I still hold my E/Y short @1.5616 (read my journel)...

must patience ....
  • #7,736
  • Apr 28, 2008 10:49pm Apr 28, 2008 10:49pm
News:

EUR/USD (1.5649)
European & US sessions forecast levels: 1.5555/1.5770
Trend Sessions: European: Neutral/Upward
US: Neutral/Upward
Market Focus: (10:00 PM GMT +8 - Malaysia Time) Consumer Confidence.
Daily Strategy: The dollar consolidates at the current levels ahead the key FOMC meeting. It is expecting the Fed to cut the interest rates between 25 and 50 bps. Some analyzers predict last Fed interest rates cut. Still the bottom is not reached and the dollar will remain under pressure. But the traders already generate the expecting Fed decision. It is possible to see recovery of the dollar in near-term. For today we recommend trading within the trading range. The key US Consumer Confidence probably will fell again this month that will be new negative signal for the US economy.
  • #7,737
  • Apr 28, 2008 10:57pm Apr 28, 2008 10:57pm
Quoting Ultraman
News:

EUR/USD (1.5649)
European & US sessions forecast levels: 1.5555/1.5770
Trend Sessions: European: Neutral/Upward
US: Neutral/Upward
Market Focus: (10:00 PM GMT +8 - Malaysia Time) Consumer Confidence.
Daily Strategy: The dollar consolidates at the current levels ahead the key FOMC meeting. It is expecting the Fed to cut the interest rates between 25 and 50 bps. Some analyzers predict last Fed interest rates cut. Still the bottom is not reached and the dollar will remain under pressure. But the traders already generate the expecting Fed decision. It is possible to see recovery of the dollar in near-term. For today we recommend trading within the trading range. The key US Consumer Confidence probably will fell again this month that will be new negative signal for the US economy.
That's what the forecast said yesterday also - that the pair would go up, but so far it has not worked out that way. It's largely directionless in very tight range. I just don't know how much of the US consumer confidence and interest rate cut have been figured into the price so there are a lot of unknowns. It's almost impossible to predict what might happen after these numbers come out.
Expected the unexpected
  • #7,738
  • Apr 28, 2008 11:09pm Apr 28, 2008 11:09pm
Quoting scyang
That's what the forecast said yesterday also - that the pair would go up, but so far it has not worked out that way. It's largely directionless in very tight range. I just don't know how much of the US consumer confidence and interest rate cut have been figured into the price so there are a lot of unknowns. It's almost impossible to predict what might happen after these numbers come out.
will see at 10pm la scyang
probably EURUSD retrace down b4 up
  • #7,739
  • Apr 28, 2008 11:12pm Apr 28, 2008 11:12pm
Euro trying to make hammer formation on lower timeframes.
  • #7,740
  • Apr 28, 2008 11:15pm Apr 28, 2008 11:15pm
Long or Short ?
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