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EURUSD

  • #11,581
  • Jun 23, 2008 4:59am Jun 23, 2008 4:59am
Descending triangle not looking too bad. Still hard to tell
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  • #11,582
  • Jun 23, 2008 5:05am Jun 23, 2008 5:05am
Quoting vaio
Descending triangle not looking too bad. Still hard to tell
1.5480 is next...

Unless it stalls rigth here. It needs to keep moving.
  • #11,583
  • Jun 23, 2008 5:15am Jun 23, 2008 5:15am
Quoting pipmac
1.5480 is next...

Unless it stalls rigth here. It needs to keep moving.

i agree, set my profit to 1.5480
  • #11,584
  • Jun 23, 2008 5:18am Jun 23, 2008 5:18am
Quoting vaio
i agree, set my profit to 1.5480
Yea, notice the hammer on the 15 TF buyers coming in stops below lets see what happens
  • #11,585
  • Jun 23, 2008 5:21am Jun 23, 2008 5:21am
Quoting vaio
i agree, set my profit to 1.5480
Bernanke would gain a lot from surprising the market with a rise.

1: Dollar would suddenly jump
2: Oil and Gold would come down due to dollar strength
3: Commodity inflation would come down a little

Wild theory
  • #11,586
  • Jun 23, 2008 5:24am Jun 23, 2008 5:24am
Triangle created. maybe 1.56 again

Best Regards,

Marcelo
  • #11,587
  • Jun 23, 2008 5:25am Jun 23, 2008 5:25am
Quoting vaio
Bernanke would gain a lot from surprising the market with a rise.

1: Dollar would suddenly jump
2: Oil and Gold would come down due to dollar strength
3: Commodity inflation would come down a little

Wild theory
US equities are in dire need of a boost.
I don't think an interest rate hike would help much.
That is why i think it won't happen till late in the year
after equities find a bottom
  • #11,588
  • Jun 23, 2008 5:29am Jun 23, 2008 5:29am
I took out a short when the 1h stayed below the weekly pivot. Tp 1.5483.

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  • #11,589
  • Jun 23, 2008 5:35am Jun 23, 2008 5:35am
Quoting SteveHopwood
I took out a short when the 1h stayed below the weekly pivot. Tp 1.5483.

thanx for that analysis, i'm getting impatient i'll hold a little longer
  • #11,590
  • Jun 23, 2008 7:04am Jun 23, 2008 7:04am
Going side lines last couple of hours. I think it might recover some loss in the US session because of rising oil and gold.
But I will take another short position later today to play in the German consumer confidence.
News shouldn't be good in my opinion.
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  • #11,591
  • Jun 23, 2008 7:33am Jun 23, 2008 7:33am
Quoting atif
Going side lines last couple of hours. I think it might recover some loss in the US session because of rising oil and gold.
But I will take another short position later today to play in the German consumer confidence.
News shouldn't be good in my opinion.
oils heading downtown now
  • #11,592
  • Jun 23, 2008 7:41am Jun 23, 2008 7:41am
Quoting pipmac
oils heading downtown now
Yeay! Took profit at 1.5481, sweet 65 piper
  • #11,593
  • Jun 23, 2008 7:42am Jun 23, 2008 7:42am
Quoting vaio
Yeay! Took profit at 1.5481, sweet 65 piper
Yea! thanks for the charts to all who helped profit today
  • #11,594
  • Jun 23, 2008 7:43am Jun 23, 2008 7:43am
Eur/USD 1.5483 LONG
  • #11,595
  • Jun 23, 2008 7:44am Jun 23, 2008 7:44am
I think its got some steam left...Sell limit 1.5505
  • #11,596
  • Jun 23, 2008 7:45am Jun 23, 2008 7:45am
Quoting Optimum
Eur/USD 1.5483 LONG
Am too scared to go long, I think I'll wait for any re-tracements back above 1.55 and punish them back down. USD theme should continue till FED does its thing later on thursday
  • #11,597
  • Jun 23, 2008 7:48am Jun 23, 2008 7:48am
Quoting pipmac
I think its got some steam left...Sell limit 1.5505
I agree, NY market open will probably move it hard, not sure which way though
  • #11,598
  • Jun 23, 2008 7:48am Jun 23, 2008 7:48am
Will it up get out ?
  • #11,599
  • Jun 23, 2008 7:48am Jun 23, 2008 7:48am
Quoting Optimum
Eur/USD 1.5483 LONG
I'm not going against a strong trend as this. You might get some long pips on a perfect entry....I'm not that good.
  • #11,600
  • Jun 23, 2008 7:50am Jun 23, 2008 7:50am
This is going to break 1.5460 today.
Not sure if we can get into 1.53 area today.

BEWARE!! VOLATILE IS THE NAME OF THE GAME THIS WEEK!
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