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  • #14,101
  • Jul 11, 2008 7:49am Jul 11, 2008 7:49am
Quoting assamusic
Don't forget about the PRESIDENTS of 8 biggest countries and about their speaks! They had spoke about EUR is very expensive and USD is very cheap and that this situation is not good for all of us!
I think so...
what we see depends mainly on what we look for...
  • #14,102
  • Jul 11, 2008 7:51am Jul 11, 2008 7:51am
the event attended by the presidents not financial ministries or central bank governors.. so I dont think it will affect the pair.. Im more to listen to trichet and bernanke speaks than the G8..
Money often costs too much...
  • #14,103
  • Jul 11, 2008 7:55am Jul 11, 2008 7:55am
Quoting Toolman
Of course there's always a chance for a correction, it's just difficult to know when this will happen and the risk is much larger than just simply riding the trend.
Fully agree with you about 7-th years trend! But in Hokkaido was very BIG BOSSes! Biggest bosses in the world... And they spoke same things about currency...
  • #14,104
  • Jul 11, 2008 8:02am Jul 11, 2008 8:02am
I'm currently in a short position, but i'll still say this. The markets don't give a two hoots about G8... japanese bosses or bernanke for that matter, all they care about is making money. Right now, e/u is looking really bullish and it looks like its trying to gather strength to pierce the 2nd daily resistance (1.5878).
Trade the reaction, not the news!
  • #14,105
  • Jul 11, 2008 8:07am Jul 11, 2008 8:07am
Bullish flag played out just like i posted before. Target was dayly tl and price hit it to the pip.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_1hr_bullflag_110708.gif Size: 34 KB
  • #14,106
  • Jul 11, 2008 8:11am Jul 11, 2008 8:11am
oops.. just back from buying my expensive 40 pips dinner, hahaha..
  • #14,107
  • Jul 11, 2008 8:15am Jul 11, 2008 8:15am
Quoting twofeet
I'm currently in a short position, but i'll still say this. The markets don't give a two hoots about G8... japanese bosses or bernanke for that matter, all they care about is making money. Right now, e/u is looking really bullish and it looks like its trying to gather strength to pierce the 2nd daily resistance (1.5878).

Wow.. you so right can you tell me how you can predict the resistance (1.5878) ?
  • #14,108
  • Jul 11, 2008 8:20am Jul 11, 2008 8:20am
Quoting twofeet
I'm currently in a short position, but i'll still say this. The markets don't give a two hoots about G8... japanese bosses or bernanke for that matter, all they care about is making money. Right now, e/u is looking really bullish and it looks like its trying to gather strength to pierce the 2nd daily resistance (1.5878).
why do you see this as resistance please. Right now i dont see it
  • #14,109
  • Jul 11, 2008 8:21am Jul 11, 2008 8:21am
Quoting yunxhin
Wow.. you so right can you tell me how you can predict the resistance (1.5878) ?

shorting this pair is suicide right now...buddy.........
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #14,110
  • Jul 11, 2008 8:28am Jul 11, 2008 8:28am
Come on baby, you can break 1.5900.
  • #14,111
  • Jul 11, 2008 8:29am Jul 11, 2008 8:29am
Quoting Toolman
Come on baby, you can break 1.5900.
Just did
Not all sins are created equal
  • #14,112
  • Jul 11, 2008 8:29am Jul 11, 2008 8:29am
Wed , Thrus and Friday short crowds?

Hrrm.

Never underestimate the power of e/u.
  • #14,113
  • Jul 11, 2008 8:30am Jul 11, 2008 8:30am
i thikn we are now going to go to 1.63 at least. Hold your longs.
  • #14,114
  • Jul 11, 2008 8:32am Jul 11, 2008 8:32am
Quoting got pips?
shorting this pair is suicide right now...buddy.........

Can somebody tell me when this bullish gonna stop??
  • #14,115
  • Jul 11, 2008 8:32am Jul 11, 2008 8:32am
Quoting sooperthug
i thikn we are now going to go to 1.63 at least. Hold your longs.
Long with no T/P. S/L currently at 5875.

I went in at 5774
Not all sins are created equal
  • #14,116
  • Jul 11, 2008 8:33am Jul 11, 2008 8:33am
Simply WOW
  • #14,117
  • Jul 11, 2008 8:34am Jul 11, 2008 8:34am
Finally!!!! All My Longs Are Saved!
Money often costs too much...
  • #14,118
  • Jul 11, 2008 8:34am Jul 11, 2008 8:34am
Quoting sooperthug
i thikn we are now going to go to 1.63 at least. Hold your longs.

Are you kidding me?
  • #14,119
  • Jul 11, 2008 8:35am Jul 11, 2008 8:35am
Quoting yunxhin
Are you kidding me?
Well thats my trading strategy, i could be very wrong...

i think the next real retrace will occurr between 16050 and 16177 maybe back down to 15900~
  • #14,120
  • Jul 11, 2008 8:35am Jul 11, 2008 8:35am
Quoting Jay Walker
Long with no T/P. S/L currently at 5875.

I went in at 5774
Hehe that's the perfect trade man!
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