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  • #9,181
  • May 13, 2008 5:56am May 13, 2008 5:56am
Quoting jacko
I just saw this....

Is by the end of this week good enough???

.
Jacko ( ) calling Euro short?

We should make May, 13th International Holiday and call it "Jacko Short Day"
  • #9,182
  • May 13, 2008 6:24am May 13, 2008 6:24am
Quoting jacko
I just saw this....

Is by the end of this week good enough???


.
Hi Jacko,

Never saw you post anywhere. Thanks for dropping in. Are you really expecting eurusd to continue to go down and hit 1.52 by the end of the week? Of course whatever you say, everybody would believe.
Expected the unexpected
  • #9,183
  • Edited 7:03am May 13, 2008 7:01am | Edited 7:03am
My worthless eurousd analysis
Buy at trendline around 1.5414 targeting 1.5650...stop 30 pips below.
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 10 KB
  • #9,184
  • May 13, 2008 7:16am May 13, 2008 7:16am
Jacko,

By the end of the week huh? I think at best we might get down to 1.5350 by week end. However, I have been short for so long, the sooner the better but I think by the end of this month we might see 1.52 or 1.51. We will wait and see as I will continue to sell.
  • #9,185
  • May 13, 2008 7:21am May 13, 2008 7:21am
Hello, Jacko.

Looking for more turtles?

Gandy
  • #9,186
  • May 13, 2008 7:21am May 13, 2008 7:21am
Quoting jacko
I just saw this....

Is by the end of this week good enough???


.
I think everybody thinks what Jacko says must be the truth. I am expecting everybody to jump in to short euro.
Expected the unexpected
  • #9,187
  • May 13, 2008 7:32am May 13, 2008 7:32am
Quoting scyang
I think everybody thinks what Jacko says must be the truth. I am expecting everybody to jump in to short euro.
Well crap if everyone is going to jump on it I might want to reconsider...
  • #9,188
  • May 13, 2008 7:35am May 13, 2008 7:35am
Quoting fxtrader42
Well crap if everyone is going to jump on it I might want to reconsider...
lol.
  • #9,189
  • May 13, 2008 7:37am May 13, 2008 7:37am
Quoting scyang
I think everybody thinks what Jacko says must be the truth. I am expecting everybody to jump in to short euro.
I'm on the bandwagon already!!

http://www.whoateallthepies.tv/jafsfsafafaas.gif
  • #9,190
  • May 13, 2008 7:43am May 13, 2008 7:43am
Quoting cesarnc
I'm on the bandwagon already!!

http://www.whoateallthepies.tv/jafsfsafafaas.gif
ROFL
  • #9,191
  • May 13, 2008 7:44am May 13, 2008 7:44am
Quoting scyang
I think everybody thinks what Jacko says must be the truth. I am expecting everybody to jump in to short euro.
i happen to agree with the direction,... 1.52 certainly is possible... but best to do your own work to understand your reasons why... "look before you leap."

i'd be curious about Jacko's reasons (said with all respect) and why others might agree with Jacko. My reasons:
1. LT short channel beginning 4/22 at 16:00 GMT
2. Currently pausing (could reverse but i don't think so) from the bottom of a MT long channel beginning 5/8 at 1:45 GMT reinforced by a variety of other support elements
3. ST short channel beginnning 5/13 at 5:00 GMT.
If you want, plot them all on the same graph.

Gotta run to a meeting. Hope to catch other charts / fundy comments that point in a direction later. Catch y'all in a few.
  • #9,192
  • May 13, 2008 7:48am May 13, 2008 7:48am
i jumped on it a long time ago
shorting eur/usd
  • #9,193
  • May 13, 2008 7:55am May 13, 2008 7:55am
Looks as if its going up to me. If it breaks over pivot at 491 and USD/CHF breaks through resistance at 501, I'm in.
  • #9,194
  • May 13, 2008 7:57am May 13, 2008 7:57am
Quoting cesarnc
Jacko ( ) calling Euro short?

We should make May, 13th International Holiday and call it "Jacko Short Day"
LOL...

Just don't trade against the trend


.
  • #9,195
  • May 13, 2008 7:59am May 13, 2008 7:59am
Quoting jacko
LOL...

Quote
Just don't trade against the trend


Going to bed


.
Nice one.
Still waters run deep
  • #9,196
  • May 13, 2008 8:01am May 13, 2008 8:01am
Quoting scyang
Hi Jacko,

Never saw you post anywhere. Thanks for dropping in. Are you really expecting eurusd to continue to go down and hit 1.52 by the end of the week? Of course whatever you say, everybody would believe.

I haven't been here to FF for a little while...my two little groups keep me busy

I have received a couple of complaints in the last couple of days about some bad behaviour in The House of Pain and Pleasure Thread, so I thoght I had better have a "look+see".

It appears that the problem may have gone away....

.
  • #9,197
  • May 13, 2008 8:02am May 13, 2008 8:02am
Quoting jacko
LOL...

Just don't trade against the trend


.
Trouble is it's very difficult to determine what the real trend is. Earlier today, everybody was really set that eurusd was going through the roof. Some predicted that it was going to hit 1.56 by the end of the day. But we all know what happened - 100 pips in the "wrong" direction.
Expected the unexpected
  • #9,198
  • May 13, 2008 8:05am May 13, 2008 8:05am
Quoting cesarnc
I'm on the bandwagon already!!

http://www.whoateallthepies.tv/jafsfsafafaas.gif

LOL WASSSATTT !!!!!
  • #9,199
  • May 13, 2008 8:05am May 13, 2008 8:05am
Quoting scyang
Trouble is it's very difficult to determine what the real trend is. Earlier today, everybody was really set that eurusd was going through the roof. Some predicted that it was going to hit 1.56 by the end of the day. But we all know what happened - 100 pips in the "wrong" direction.
There is also such thing as no trend at all :-) Meaning don't trade at all or scalp 5-10 pips at a time

In a long run, however, I still maintain that EUR will visit 1.4850 early in the summer. Not that I am a bit optimistic about the US economy - quite the opposite. However, from a technical standpoint EUR just has to consolidate at 1.48-1.49. Stimulus checks (or a temporary dose to a chronie) should provide enough fundamental news to support USD before it falls to new lows across the board
"Luxury is one of the basic needs", (c), Don Corleone
  • #9,200
  • May 13, 2008 8:08am May 13, 2008 8:08am
Well it seem like I'm the only one still looking up. With the market having shot it's wad and price going through it's usual spaz attack like it usually does after this type of news, it now wants to retest the .5500 handle. Through out this morning it never closed below .5450 on the hourly and got back in at that price. But I'm guessing this could be a short lived position.
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