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  • #12,521
  • Jun 30, 2008 4:10am Jun 30, 2008 4:10am
Quoting pipmac
5M and 15M is stilll down it could go lower....
yes could but later, I dont determine trend on those timeframes only precision entry, those time frames are insignificant to me unless i'm willing to scalp.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,522
  • Jun 30, 2008 4:13am Jun 30, 2008 4:13am
Quoting pipmac
Short at 166.80ish it might make a new low it might not...it seems to have a lot of strength.
like i said if my RSI analyses are correct and it breaks through 60 RSI and closes above that then the downtrend is over, It still has a long way to go it can bounce off the 60 which is highly probable due to the momentum and if it does that I'm going all in and all short. see the channel RSI it's a downtrend channel if it breaks up that and the channel shifts then uptrend longs are what I'll look for.
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"Diversification is an excuse for a lack of talent" ~FXC
  • #12,523
  • Jun 30, 2008 4:14am Jun 30, 2008 4:14am
[quote=Clouds;2082732]
Quoting atif

Gold and Oil are up because EU is up, when EU goes down, Gold and Oil will be down.
Going against the trend is dengerous.
EU CPI came 4.0. What you think Trichet will do?
I will not be surprised to see EU at 1.59 before July 7th.
Investors don't trust Pulson or Bernenke anymore. They can scream as much as they want but investors are not going to listen.
{Promotion Removed}
  • #12,524
  • Jun 30, 2008 4:15am Jun 30, 2008 4:15am
Quoting pipmac
5M and 15M is stilll down it could go lower....
Could, but I use daily and for me, it looks like a possible buy.
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  • #12,525
  • Jun 30, 2008 4:17am Jun 30, 2008 4:17am
[quote=atif;2082771]
Quoting Clouds

Going against the trend is dengerous.
EU CPI came 4.0. What you think Trichet will do?
I will not be surprised to see EU at 1.59 before July 7th.
Investors don't trust Pulson or Bernenke anymore. They can scream as much as they want but investors are not going to listen.
I'm not even short right now EU, but Im long EJ, but anyway, the trend for the past two months was buy at 1.5400 and sell at 1.5800..
  • #12,526
  • Jun 30, 2008 4:21am Jun 30, 2008 4:21am
here comes the EJ drop, i had a feeling that was short lived. short at 45
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,527
  • Jun 30, 2008 4:28am Jun 30, 2008 4:28am
Quoting FXCapitalist
here comes the EJ drop, i had a feeling that was short lived. short at 45

EJ formed very beaish doji in WK TF...last week....


sonic
  • #12,528
  • Jun 30, 2008 4:31am Jun 30, 2008 4:31am
Momentum Based Super Trap Spread. 2:1 RR
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"Diversification is an excuse for a lack of talent" ~FXC
  • #12,529
  • Jun 30, 2008 4:32am Jun 30, 2008 4:32am
Quoting sonicdeejay
EJ formed very beaish doji in WK TF...last week....


sonic
NICE you saw that haha that's what I'm basing my trades on.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,530
  • Jun 30, 2008 4:36am Jun 30, 2008 4:36am
Your Discusion forum is enriching. I only discovered this after the thursday news. As a beginner , the news cost me my whole amount because instead of buy I had entered to sell, so while you are all smiling, I was weeping. I also didnt know if there was somthing wrong with my broker (Liteforex.com), but I have decided to change another.
I do hope that you will all guide me as start all over again.
SILVER AND GOLD BELONGS TO GOD
  • #12,531
  • Jun 30, 2008 4:37am Jun 30, 2008 4:37am
EJ move may be over, EU may be on the move down. Haven't changed positions, but just some thoughts.
  • #12,532
  • Jun 30, 2008 4:39am Jun 30, 2008 4:39am
nice shooting star on EJ....and here comes the continuation of the drop.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,533
  • Jun 30, 2008 4:40am Jun 30, 2008 4:40am
Quoting FXCapitalist
Momentum Based Super Trap Spread. 2:1 RR
So now u changed to long?

Anyway i'm short at 50...TP 165.94
  • #12,534
  • Jun 30, 2008 4:44am Jun 30, 2008 4:44am
Quoting pipmac
So now u changed to long?

Anyway i'm short at 50...TP 165.94
No look.
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"Diversification is an excuse for a lack of talent" ~FXC
  • #12,535
  • Jun 30, 2008 4:46am Jun 30, 2008 4:46am
Quoting FXCapitalist
No look.

Oh, ok so you buy and sell...i c...
  • #12,536
  • Jun 30, 2008 4:48am Jun 30, 2008 4:48am
Quoting pipmac
Oh, ok so you buy and sell...i c...
no I'm just crazy in a good way. next hour should be a continuation of the dive
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,537
  • Jun 30, 2008 4:52am Jun 30, 2008 4:52am
UJ has moved 150 pips i dont see it moving anymore until tomorrow, but more likely it will go up 50 pips or so. Im short EU, and I'm out of EJ long until tomorrow, I see it going down to consolidating... Just my opinion, dont follow
  • #12,538
  • Jun 30, 2008 5:10am Jun 30, 2008 5:10am
Remember that!
NO EJ, PLEASE!
  • #12,539
  • Jun 30, 2008 5:12am Jun 30, 2008 5:12am
Quoting BoredToLoose
Remember that!
NO EJ, PLEASE!
I didn't start it! But seriously, what do you see for EU? I'm short 1.5815, TP 1.5390
  • #12,540
  • Jun 30, 2008 5:16am Jun 30, 2008 5:16am
Nice DIV call.
bearish DIV + TL comfirmation
Im in short!!!
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