Attachments: EURUSD

EURUSD

#10,341
May 29, 2008 2:01pm May 29, 2008 2:01pm

triq03
| Joined May 2008 | Status: Who says losing can't be fun? | 107 Posts

Quoting warta

Disliked

to say up we have to close above the S1 @ 622
otherwize down still valid

Ignored

You have a valid point. But for short term (as in possibility tommorow) for it to possibly go up and test those levels (and then possibly close above the 622) we would need it to close above 510 today. Please do correct me if I'm wrong.

Helping the philosophically challenged

#10,342
May 29, 2008 2:05pm May 29, 2008 2:05pm

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Quoting triq03

Disliked

You have a valid point. But for short term (as in possibility tommorow) for it to possibly go up and test those levels (and then possibly close above the 622) we would need it to close above 510 today. Please do correct me if I'm wrong.

Ignored

i cant see anything in this area 610 but @ 622 there is the support level and the 30 min gann hi/lo eitch is can made a new uper trend

#10,343
May 29, 2008 2:06pm May 29, 2008 2:06pm

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

im still short, but...

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#10,344
May 29, 2008 2:09pm May 29, 2008 2:09pm

triq03
| Joined May 2008 | Status: Who says losing can't be fun? | 107 Posts

Quoting warta

Disliked

i cant see anything in this area 610 but @ 622 there is the support level and the 30 min gann hi/lo eitch is can made a new uper trend

Ignored

I stick by my claim..if it closes above 1.5510, POSSIBLE retest of 600 area and when that time comes we'll see what happens. Until then, if it closes below 5510, my personal opinion is still more short until definite up trend resumes

My 2 cents

Helping the philosophically challenged

#10,345
May 29, 2008 2:17pm May 29, 2008 2:17pm

piptornado
| Joined Oct 2007 | Status: Trader | 314 Posts

so I guess Ben didn't have anything to say?

#10,346
May 29, 2008 2:24pm May 29, 2008 2:24pm

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Quoting piptornado

Disliked

so I guess Ben didn't have anything to say?

Ignored

4 sure he has , he just order one pizza pepperoni

#10,347
May 29, 2008 2:38pm May 29, 2008 2:38pm

emadanton
| Joined Mar 2008 | Status: Forex Addict | 61 Posts

Quoting triq03

Disliked

Short term technicals say down, medium-long term technicals say up (unless of course we close below 5510 then maybe medium term could be considered down), fundamentals say up, I say up, some people still say down. Take your pick

Ignored

......

#10,348
May 29, 2008 2:58pm May 29, 2008 2:58pm

Donyouth4eva
| Joined Mar 2008 | Status: Trader | 193 Posts

Instead of laughing just tell him where he is wrong.

#10,349
May 29, 2008 3:02pm May 29, 2008 3:02pm

BANDA
| Joined Nov 2006 | Status: Trader | 688 Posts

hey Dony I lost big time from EU/USD are you still holding longs?

BANDA333

#10,350
May 29, 2008 3:07pm May 29, 2008 3:07pm

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Fundamentals say "If inflation is at 2% and euro is growing at 20%, then its gonna crash down to parity soon"

#10,351
May 29, 2008 3:24pm May 29, 2008 3:24pm

Donyouth4eva
| Joined Mar 2008 | Status: Trader | 193 Posts

Lol I cancelled two of them so far for a total of -500 pip loss. I have enough money to ride it out but decided not to and just wait it out and change my positions. I still have 2 lots running for a 10 pip profit which i'll hit tonight.

#10,352
May 29, 2008 3:46pm May 29, 2008 3:46pm

sergevi
| Joined Mar 2007 | Status: Trader | 92 Posts

Quoting Donyouth4eva

Disliked

Lol I cancelled two of them so far for a total of -500 pip loss. I have enough money to ride it out but decided not to and just wait it out and change my positions. I still have 2 lots running for a 10 pip profit which i'll hit tonight.

Ignored

Im scaling in for long too... hehe, sometimes it's scary , isn't it ?

started at 58, so ,in all, i'm in the same position as you .. but i didn't close for now ( it's very small deals).

gold is gold.

#10,353
May 29, 2008 3:50pm May 29, 2008 3:50pm

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

whats target for long? 1.56?

#10,354
May 29, 2008 3:56pm May 29, 2008 3:56pm

sergevi
| Joined Mar 2007 | Status: Trader | 92 Posts

farthest target ( first long ) was for 1.59. Fondamentaly, it should return there at one time

As it goes down, usually i like to scale in ( take more small longs), it works better for me than reverse, or take usd/chf for hedging.
It always retraces at one point

i hope.. lool

gold is gold.