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EURUSD

  • #13,981
  • Jul 10, 2008 10:54pm Jul 10, 2008 10:54pm
  •  kosh
  • | Joined Jan 2008 | Status: i love my pippy bank growing | 42 Posts
i see no resistance till 15877. Perhap london opening shall bring eu up there and i will reassess again.
  • #13,982
  • Jul 10, 2008 11:00pm Jul 10, 2008 11:00pm
Im out, closed for +15pips.

Wanna enjoy my day. Catch a movie perhaps, hrrm here I come Will Smith.
  • #13,983
  • Jul 10, 2008 11:02pm Jul 10, 2008 11:02pm
Quoting uncleforex
Im out, closed for +15pips.

Wanna enjoy my day. Catch a movie perhaps, hrrm here I come Will Smith.
well, have fun. my sl's are so close i probably 'will' get stopped out, but i dont care, it's friday, and dont want to risk much on an unsure trade on one of those days that's not best day to trade
  • #13,984
  • Jul 10, 2008 11:07pm Jul 10, 2008 11:07pm
HEhe , I didnt know my positions were that huge LOL

  • #13,985
  • Jul 10, 2008 11:07pm Jul 10, 2008 11:07pm
guys,
dont you think eu should retrace after big move last nite?? may be retrace to 5745 @ 50% fibo?

just opinion...huhu
Attached Image
  • #13,986
  • Jul 10, 2008 11:19pm Jul 10, 2008 11:19pm
Im already out with small profit in hand. Gonna wait for EURO open for now. Gonna take a break for now.
  • #13,987
  • Jul 10, 2008 11:22pm Jul 10, 2008 11:22pm
maybe another day like last friday/ or whatever that day was , interest rates
  • #13,988
  • Jul 10, 2008 11:41pm Jul 10, 2008 11:41pm
(IGM)[European Preview] The USD had mixed fortunes last night with claims falling a ...

[European Preview] The USD had mixed fortunes last night with claims falling a hefty 58K being tempered by worries over the US financial sector back to the forefront once again even after assurances had been given to Trsy Sec Paulson that Fannie Mae & Freddie are well capitalized. See page .

after this news release it down 14pips, do you thinks it down to 1.5747 today
(50% fib of 1.5693-1.5800)
  • #13,989
  • Jul 10, 2008 11:45pm Jul 10, 2008 11:45pm
Quoting pipkin
How did u get that number?
that's a good question, thanks for asking.sometimes the simplest things are hardest to explain!.I look for certain areas to exploit.based on a theory by Ilian yotov
  • #13,990
  • Jul 10, 2008 11:50pm Jul 10, 2008 11:50pm
Quoting think
guys,
dont you think eu should retrace after big move last nite?? may be retrace to 5745 @ 50% fibo?

just opinion...huhu
maybe lower, i want see how it reacts to 5720, if it gets there
  • #13,991
  • Jul 11, 2008 12:02am Jul 11, 2008 12:02am
Quoting Clouds
maybe lower, i want see how it reacts to 5720, if it gets there
1.5725 should be a good T/P area.

As for me cup of coffee at 8:25 EST, then at 8:30 EST the fun should begin.
  • #13,992
  • Jul 11, 2008 12:27am Jul 11, 2008 12:27am
Best price just now to long at 1.5770 for 1.5810, easy 40pips.

But I'm done for today. Just my trade if I'm trading.

See ya in a few hours.
  • #13,993
  • Jul 11, 2008 12:51am Jul 11, 2008 12:51am
http://www.taurus-engines.com/images..._bull_back.gif
Not all sins are created equal
  • #13,994
  • Jul 11, 2008 12:58am Jul 11, 2008 12:58am
Hi.

Possible bullish flag on 30min chart. Lets see what Frankie boys have ready for us
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m30_bullflag_1107.gif Size: 30 KB
  • #13,995
  • Jul 11, 2008 1:04am Jul 11, 2008 1:04am
I expect some official types to keep selling EUR/USD on rallies to balance their reserves
  • #13,996
  • Jul 11, 2008 1:13am Jul 11, 2008 1:13am
for those that are guessing, wishing, praying that EUR will drop to 1.5700 very quickly, you should notice that we've got no more resistance right up until 1.5900, 1.5800 is NOT a resistance anymore, it's no longer the top of price channel, fibo & whole numbers don't hold after being tested a few times, whereas there's plenty of support below, the spike up of 1.5760, we also have this 1.5750 where a lot of the crazy traders shorted from the last resistance, and those that didn't get stopped out are all trapped, this also coincides with the short term 50% fibo as someone pointed out is @ 1.5745, so all these trapped people will get out first when the opportunity comes, as the price action is still very bullish, expect a lot of buyers below waiting to buy on dips
  • #13,997
  • Jul 11, 2008 1:19am Jul 11, 2008 1:19am
Quoting dragoncat
for those that are guessing, wishing, praying that EUR will drop to 1.5700 very quickly, you should notice that we've got no more resistance right up until 1.5900, 1.5800 is NOT a resistance anymore, it's no longer the top of price channel, fibo & whole numbers don't hold after being tested a few times, whereas there's plenty of support below, the spike up of 1.5760, we also have this 1.5750 where a lot of the crazy traders shorted from the last resistance, and those that didn't get stopped out are all trapped, this also coincides with the short term 50% fibo as someone pointed out is @ 1.5745, so all these trapped people will get out first when the opportunity comes, as the price action is still very bullish, expect a lot of buyers below waiting to buy on dips
sure it's resistance, it has been in the past, and that hasn't changed. it was resistance after we went to 1.6 and it's resistance after we went to 1.59. eur/usd has gone for 1.53-1.58 or so for the last 3 months, ill tell you this; there's not a lot of buyers up here, and many have profited up here, and next, the eur/usd has been in an up trend since 7 years, yes/ well it's moved average 4 pips a day, so is it at a high/ sure, will it go down/ maybe
  • #13,998
  • Jul 11, 2008 1:35am Jul 11, 2008 1:35am
its my birthday, its official
  • #13,999
  • Jul 11, 2008 1:36am Jul 11, 2008 1:36am
happy birthday to myself
  • #14,000
  • Jul 11, 2008 1:44am Jul 11, 2008 1:44am

Happy birthday Clouds


http://www.abctheemers.com/images/birthdaycake.jpg

Not all sins are created equal
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