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  • #14,901
  • Jul 16, 2008 10:08am Jul 16, 2008 10:08am
Im holding my shorts on EU, the neckline was indeed broken with that 1hr candle ive mentioned before only took sometime to fall hehe but patience pays off. position up 45 points, stop mooved to b/e
  • #14,902
  • Jul 16, 2008 10:10am Jul 16, 2008 10:10am
Quoting belekas
We have 1hr close below the neckline of H&S, anyone holding shorts with me right now?

I with you bro, with my 5 big lot short.
  • #14,903
  • Jul 16, 2008 10:10am Jul 16, 2008 10:10am
Quoting steelhead
I keep getting ridiculed for not bringin anything to the table. The fact is most of you dont pay attention. that post was at the beggening of the week. got my short of at 160.00 while most were thinking a break of that would shoot it up. Holding a nice winning trade at this point.
haha... yeah right, can't believe you bring that up, when you posted that comment to reply my post, it was Jul 14, 2008 1:48pm, at that moment the price was 1.5903-1.5914, we've made another 100+ pips after that... and shorted it again on the way down.. while your shorts got stopped out a few times...
  • #14,904
  • Jul 16, 2008 10:13am Jul 16, 2008 10:13am
Quoting PandoraBox
I with you bro, with my 5 big lot short.
What are your targets mate? I see it might wants to kiss the the LTL of that nice accending channel we are trading in on 4hr. Still a few supports to cross down.
  • #14,905
  • Jul 16, 2008 10:17am Jul 16, 2008 10:17am
Quoting dragoncat
haha... yeah right, can't believe you bring that up, when you posted that comment to reply my post, it was Jul 14, 2008 1:48pm, at that moment the price was 1.5903-1.5914, we've made another 100+ pips after that... and shorted it again on the way down.. while your shorts got stopped out a few times...


Didnt short till 160.00 pal. see i wait for my setup. so while i appreciate your humor you are dead wrong. Just because i said i was bearish on the pair doesnt mean i shorted it at that moment. waited for the news to spike it up and then got short. Don't assume you know where i place my trades.
  • #14,906
  • Jul 16, 2008 10:19am Jul 16, 2008 10:19am
Quoting belekas
What are your targets mate? I see it might wants to kiss the the LTL of that nice accending channel we are trading in on 4hr. Still a few supports to cross down.

My target at Daily 100 EMA
  • #14,907
  • Jul 16, 2008 10:22am Jul 16, 2008 10:22am
Secondly dragoncat I dont sit in front of my computer all day looking for trades. I set alerts and wait for the market to come to me. Why am I deffending myself to you. You have no clue what I do. I was responding to you saying the bears are back. you might have gotten your 20 pips from your long, but I am holding a nice winner from 160
  • #14,908
  • Jul 16, 2008 10:22am Jul 16, 2008 10:22am
Quoting belekas
What are your targets mate? I see it might wants to kiss the the LTL of that nice accending channel we are trading in on 4hr. Still a few supports to cross down.
i see support on the daily MAs at 5750 and LTL 5750

currently testing the 13 5815
  • #14,909
  • Jul 16, 2008 10:44am Jul 16, 2008 10:44am
Quoting BANDA
Hi Uncle..........
how are you? are you still long on EU/USD?
im still long. 15610 is where i will consider being out
  • #14,910
  • Jul 16, 2008 10:50am Jul 16, 2008 10:50am
Pfff.......1.585 turns out to be a very strong support it seems...how many hammers does the Euro beast need to get down on its knees...amazed to see what seems another recovery or bull-trap?

Need to step out, clear my head and get some fresh air...
  • #14,911
  • Jul 16, 2008 10:52am Jul 16, 2008 10:52am
I got a buy limit at 1.5800, waiting patiently.

Jim
  • #14,912
  • Jul 16, 2008 10:53am Jul 16, 2008 10:53am
Nah, Its just at a stall or retracement, It will go down some more, probably untili FOMC.

J

Quoting Shadowfx
Pfff.......1.585 turns out to be a very strong support it seems...how many hammers does the Euro beast need to get down on its knees...amazed to see what seems another recovery or bull-trap?

Need to step out, clear my head and get some fresh air...
  • #14,913
  • Jul 16, 2008 10:54am Jul 16, 2008 10:54am
Quoting MaZae
if price breaks 1.5845 to the downside i expect 1.56xx .. else, i'm still thinking of 1.61

EDIT: i forgot to say that i find the main trend to the upside
Quoting MaZae
ok, support broken, 1.56 here we go !! ..
ahh..!!! 5845 was pierced but its still holding!!??? im getting crazy with this pair...
... /$ -> LONG
  • #14,914
  • Jul 16, 2008 10:57am Jul 16, 2008 10:57am
looking for more buy points hopefully around 1.5765-15800
  • #14,915
  • Jul 16, 2008 11:28am Jul 16, 2008 11:28am

knew you'll get it right eventually, you've been shorting since 1.5800

why are you so proud about your short from 160, myself and others on this forum shorted/hedged sinced 1.6030, and added shorts since 1.5959, post your post real time if you want to prove yourself, otherwise you're just one of those "i told you so" people
  • #14,916
  • Jul 16, 2008 11:29am Jul 16, 2008 11:29am
and i'm stopping here, as i don't want to ruin the forum, but i'll keep posting my real time analysis, ideas & positions here when i have chance...
  • #14,917
  • Jul 16, 2008 11:32am Jul 16, 2008 11:32am
Quoting hard1head1
I got a buy limit at 1.5800, waiting patiently.

Jim
not good idea to try to catch the falling dagger, all trends from 4 hour charts and below are pointing down right now... you will not know when it will stop falling.. unless you've got a really good reason, but i don't see 1.5800 as any significant support... but you may have your point...
  • #14,918
  • Jul 16, 2008 11:41am Jul 16, 2008 11:41am
Quoting dragoncat
and i'm stopping here, as i don't want to ruin the forum, but i'll keep posting my real time analysis, ideas & positions here when i have chance...


Dude you are hilarious. i said on monday the 14th that i was bearish. I havent been shorting since 1.5800 again don't tell me what I have been doing. I was just saying i was bearish. Read the posts man. Monday wasnt realtime enough for you.
  • #14,919
  • Jul 16, 2008 11:46am Jul 16, 2008 11:46am
Quoting dragoncat
not good idea to try to catch the falling dagger, all trends from 4 hour charts and below are pointing down right now... you will not know when it will stop falling.. unless you've got a really good reason, but i don't see 1.5800 as any significant support... but you may have your point...
Well, it's a big round number and near the start of the big run up on Friday, and only ~35% are in long currently, but yes, it looks like it could go lower before it turns around.

Looking at 1.5800, 1.5775, and 1.5750 as possible turning points, and waiting for confirmation.
  • #14,920
  • Jul 16, 2008 11:57am Jul 16, 2008 11:57am
Quoting ZenTrader
Well, it's a big round number and near the start of the big run up on Friday, and only ~35% are in long currently, but yes, it looks like it could go lower before it turns around.

Looking at 1.5800, 1.5775, and 1.5750 as possible turning points, and waiting for confirmation.
yeah, best wait for confirmations, as most likely it will go lower before turning around... 1.5750 may be a good place to start... but it could go even lower to the daily low around 1.5600 where it began the journey to break the 1.6018...
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