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  • #10,441
  • May 30, 2008 3:10am May 30, 2008 3:10am
Quoting Que
But you would still drive somewhere.

I think we are way to lazy and vein to have anything less then a personal car. Other technologies will be driven by this fact.
would love see other technologies. but for oil, short-term i dont think people will be able to afford it, and supply would be more than demand if prices are too high.
  • #10,442
  • May 30, 2008 3:11am May 30, 2008 3:11am
5450 will be tested soon
  • #10,443
  • May 30, 2008 3:13am May 30, 2008 3:13am
Quoting Clouds
200$ to fill your tank? I would move to canada with 1.26 galloon prices. Bye Bye USA>

Actually,, in Canada it is $1.26 a liter,, around $4.77 a Gallon
  • #10,444
  • May 30, 2008 3:16am May 30, 2008 3:16am
Quoting FxApasionado
Actually,, in Canada it is $1.26 a liter,, around $4.77 a Gallon
Canadian press reported it wrong then.
  • #10,445
  • May 30, 2008 3:18am May 30, 2008 3:18am
Quoting Clouds
Canadian press reported it wrong then.
it surely did,, maybe they want people to come and buy gas here///

surprise surprise when you get here...
  • #10,446
  • May 30, 2008 3:25am May 30, 2008 3:25am
Quoting Clouds
5450 will be tested soon
5450 is not important level, 5465 is level. Next down level is 5395
Listen for your inside voice
  • #10,447
  • May 30, 2008 3:26am May 30, 2008 3:26am
EUR data 30 min, for now, we sit 5470-5460, then down, no matter news. IMHO
  • #10,448
  • May 30, 2008 3:27am May 30, 2008 3:27am
Quoting chapy
5450 is not important level, 5465 is level. Next down level is 5395
why
  • #10,449
  • May 30, 2008 3:30am May 30, 2008 3:30am
Quoting Clouds
why
Because, 5465 is 25% level of Fibo 1.6017-1.5285 and i think you know importance of 25% level.
Listen for your inside voice
  • #10,450
  • May 30, 2008 3:39am May 30, 2008 3:39am
This commodity sell off has been great this week. I'm bearish EURO and was before oil and gold took off again. Have shorts from 5800 all the way down, lets see some 5400 action today.

The only reason the euro made it back to 5800 was because of gold and oil. The fundies are turning, US stronger for second half of the year.
  • #10,451
  • May 30, 2008 3:39am May 30, 2008 3:39am
Hey guys, nice thread!
I'm new on forextrading (1 year) but this thread already helps me a lot since i found it a month ago!
  • #10,452
  • May 30, 2008 3:41am May 30, 2008 3:41am
Quoting chapy
Because, 5465 is 25% level of Fibo 1.6017-1.5285 and i think you know importance of 25% level.
Guess that is why it bounced from that area back to the 4883 area.
  • #10,453
  • May 30, 2008 3:48am May 30, 2008 3:48am
Fib 1 on daily chart ( GMT 0 )
14 Jan 08 and 20 dec 07
and go to Fib 2
22 May 08 and 8 may 08
Level 161.8 fib1 meeting line with 0.00 fib2 and 261.8 fib1 at 1.5890
Is that will happen again?......... what do you think trader.........
Attached Image (click to enlarge)
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  • #10,454
  • May 30, 2008 3:52am May 30, 2008 3:52am
Quoting gerardogani
Fib 1 on daily chart ( GMT 0 )
14 Jan 08 and 20 dec 07
and go to Fib 2
22 May 08 and 8 may 08
Level 161.8 fib1 meeting line with 0.00 fib2 and 261.8 fib1 at 1.5890
Is that will happen again?......... what do you think trader.........

the euro CPI will fix the last direction for today
9 min left
  • #10,455
  • May 30, 2008 3:52am May 30, 2008 3:52am
I think Euro turns up in the region of 1,5450. Stochastic is on 15 min, 30 min, 1h, 4h and daily over sold or at the borderline and on the weekly already turning up. I also have a pivot s1 at 1,5445 and the 76% Fibo (1,5286 to 1,6019) at 1,5458.
  • #10,456
  • May 30, 2008 3:56am May 30, 2008 3:56am
Rarely do I see a bearish daily candle turn bullish, but we'll see in 5 min.
  • #10,457
  • May 30, 2008 3:57am May 30, 2008 3:57am
Quoting piptornado
Guess that is why it bounced from that area back to the 4883 area.
Because, on D1 chart is almost completed head and shoulders
Listen for your inside voice
  • #10,458
  • May 30, 2008 4:04am May 30, 2008 4:04am
good news for euro
well it may drive this pair north ?
lets see but i belive if we break 545 we will see 620 easy target
  • #10,459
  • May 30, 2008 4:05am May 30, 2008 4:05am
Quoting warta
good news for euro
well it may drive this pair north ?
lets see but i belive if we break 545 we will see 620 easy target
im short, and drunk, and still see bearish daily candle, and dont wanna change position
  • #10,460
  • May 30, 2008 4:07am May 30, 2008 4:07am
Still shorting
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