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EURUSD

  • #12,101
  • Jun 26, 2008 3:23am Jun 26, 2008 3:23am
Quoting Optimum
http://www.deltastock.bg/ds/grq/EUR_USD24.jpg
If it reaches 1.52, or even 1.53 again, it will break a 5 year trend line, and will fall to 1.00 or lower, I'll borrow as much money as I can, and sell EU all day if it reaches 1.53 again.
  • #12,102
  • Jun 26, 2008 3:25am Jun 26, 2008 3:25am
Quoting FxApasionado
It bounced off the central Pivot.. good signal.., I'm long now...
man i missed that opportunity.
  • #12,103
  • Jun 26, 2008 3:25am Jun 26, 2008 3:25am
Quoting FXCapitalist
now 1.5630
cool mate.. good luck
  • #12,104
  • Jun 26, 2008 3:25am Jun 26, 2008 3:25am
Quoting Clouds
If it reaches 1.52, or even 1.53 again, it will break a 5 year trend line, and will fall to 1.00 or lower, I'll borrow as much money as I can, and sell EU all day if it reaches 1.53 again.
You need to recheck your chart.
  • #12,105
  • Jun 26, 2008 3:29am Jun 26, 2008 3:29am
Quoting mmccormac
You need to recheck your chart.
Show me your chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 26.png Size: 19 KB
  • #12,106
  • Jun 26, 2008 3:32am Jun 26, 2008 3:32am
looks like Interbank froze??? can't close my order...

Here's my fibo analysis..
Attached Image (click to enlarge)
Click to Enlarge Name: june26eurusd.GIF Size: 31 KB
  • #12,107
  • Jun 26, 2008 3:34am Jun 26, 2008 3:34am
Painfulllllllllllllllllll
  • #12,108
  • Jun 26, 2008 3:39am Jun 26, 2008 3:39am
It is very common on the Eur/Usd pair to see price bounce off the central pivot, I usually place a buy order there with a small stop loss,, this time the 38% fib retracement was the double confirmation for a buy bye
  • #12,109
  • Jun 26, 2008 3:45am Jun 26, 2008 3:45am
GU has already moved 100 pips up, EU is lagging
  • #12,110
  • Jun 26, 2008 3:48am Jun 26, 2008 3:48am
My Long position is now closed,,,
  • #12,111
  • Jun 26, 2008 3:55am Jun 26, 2008 3:55am
1.5720
  • #12,112
  • Jun 26, 2008 3:57am Jun 26, 2008 3:57am
Quoting FxApasionado
My Long position is now closed,,,

Not a good idea it seems...
  • #12,113
  • Jun 26, 2008 4:01am Jun 26, 2008 4:01am
Quoting pipmac
1.5720
Is coming...
  • #12,114
  • Jun 26, 2008 4:09am Jun 26, 2008 4:09am
Yesterday high at 1.5685 seems a bit too much for EUR right now. Been bouncing off the resistance there quite a few times from morning (Asia time)
  • #12,115
  • Jun 26, 2008 4:14am Jun 26, 2008 4:14am
very hard market to trade right now...

Dollar is at a critical level...
  • #12,116
  • Jun 26, 2008 4:18am Jun 26, 2008 4:18am
There's always a handful at resistance ready to short, that should be last of them...
  • #12,117
  • Jun 26, 2008 4:20am Jun 26, 2008 4:20am
it might take all day but 1.5685 will crack eventually. Probably after the US news releases. I C euro @ 1.59 by the end of the month.
Not an expert opinion, just my bet that is.
  • #12,118
  • Jun 26, 2008 4:22am Jun 26, 2008 4:22am
Quoting manokaiser
it might take all day but 1.5685 will crack eventually. Probably after the US news releases. I C euro @ 1.59 by the end of the month.
Not an expert opinion, just my bet that is.
Even if it does don't expect it to hold
  • #12,119
  • Jun 26, 2008 4:23am Jun 26, 2008 4:23am
The market was like this yesterday as well in London...I expect this continue for awhile. Breakouts fail...suppport doesnt hold and resistance breaks
  • #12,120
  • Jun 26, 2008 4:25am Jun 26, 2008 4:25am
My prediction if it makes it to 5700, we'll be at 5800 within the hour. Ok, now I wait, and see if I'm right.
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