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EURUSD

  • #15,141
  • Jul 17, 2008 1:08pm Jul 17, 2008 1:08pm
Quoting akirax
looks like a top here....will try a couple shorts...

5884
eyeing 1.5800 and 1.570 for TP...

other possible targets , 1.5750, 1.5725
  • #15,142
  • Jul 17, 2008 1:11pm Jul 17, 2008 1:11pm
moved my buy limit to 1.5800
let's see what happens..
  • #15,143
  • Jul 17, 2008 1:15pm Jul 17, 2008 1:15pm
is it worth the pain to lock profits at this level and re-SHORT after a small bounce? ... NAAAAAHHH
... /$ -> LONG
  • #15,144
  • Jul 17, 2008 1:17pm Jul 17, 2008 1:17pm
STOP HUNTING On 130 level on oil and 1.5800 level on e/u?

Maybe I guess.

Let's watch.
  • #15,145
  • Jul 17, 2008 1:18pm Jul 17, 2008 1:18pm
couldn't resist,, I'm in @ 1.504,, S/L is at BE.. I'll close half @ +20 pipos
  • #15,146
  • Jul 17, 2008 1:21pm Jul 17, 2008 1:21pm
Quoting MaZae
is it worth the pain to lock profits at this level and re-SHORT after a small bounce? ... NAAAAAHHH
I did on the 1st bounce to 1.58(at 1.5802) and re-shorted at 5884.

nothing ever wrong with locking in profits though.

on this test of 5800, maybe i'll close half and let the rest ride in case of stab at 5750.
  • #15,147
  • Jul 17, 2008 1:22pm Jul 17, 2008 1:22pm
Hey Lizard
I closed my shorts with 10 pips didn't heed your call. I am wrong man .........seems like you have that " magic wand" ............you the man .......


Quoting LizardGizzard
Do be cautious. SELL SELL SELL STILL.
BANDA333
  • #15,148
  • Jul 17, 2008 1:24pm Jul 17, 2008 1:24pm
Quoting akirax
I did on the 1st bounce to 1.58(at 1.5802) and re-shorted at 5884.

nothing ever wrong with locking in profits though.

on this test of 5800, maybe i'll close half and let the rest ride in case of stab at 5750.
attacked 5800 hard...will hold for targets 5770, 5750.
  • #15,149
  • Jul 17, 2008 1:24pm Jul 17, 2008 1:24pm
tokyo session will break 1.58 i guess.. .. bear power!!
... /$ -> LONG
  • #15,150
  • Jul 17, 2008 1:29pm Jul 17, 2008 1:29pm
the 4hr lower trend line(LTL) is at 5772... will either close all or 90% of position..
Attached Image
  • #15,151
  • Jul 17, 2008 1:36pm Jul 17, 2008 1:36pm
oil has hit daily 32.8 fib retracement @ 128.86
begins: 20/mar/08 @ 98.64 (low)
ends: 11/jul/08 147.22 (high)

i'm expecting a bounce here
... /$ -> LONG
  • #15,152
  • Jul 17, 2008 1:46pm Jul 17, 2008 1:46pm
Looks like Oil finding some support at this level (129$)...took profit at 1.58, still some shorts open...for round 2...
  • #15,153
  • Jul 17, 2008 1:48pm Jul 17, 2008 1:48pm
guys do you think oil will drop harder?
if you do, which signals are you expecting to see and be convinced that it will?

thanks for your answers
... /$ -> LONG
  • #15,154
  • Jul 17, 2008 1:59pm Jul 17, 2008 1:59pm
see u guys at 1.60.. take care boys and girls..
  • #15,155
  • Jul 17, 2008 2:04pm Jul 17, 2008 2:04pm
BULLETIN: Crude closes below $130 a barrel for the first time since June 5
7/17/2008 3:00:10 PM EDT
  • #15,156
  • Jul 17, 2008 2:20pm Jul 17, 2008 2:20pm
When do you think we should buy this pair?
  • #15,157
  • Jul 17, 2008 2:25pm Jul 17, 2008 2:25pm
When there is a buy setup.
  • #15,158
  • Jul 17, 2008 2:30pm Jul 17, 2008 2:30pm
Hello guys.

It seems that everyday oil moves at the same time or around the sametime.

Does anyone have infomation on what times oil news will be released?

Thanks,

Dee
  • #15,159
  • Jul 17, 2008 2:30pm Jul 17, 2008 2:30pm
Quoting nwsuccess
When there is a buy setup.
What figure? I'm thinking 1.55, Man, EU is acting like a drunk chicken.
  • #15,160
  • Jul 17, 2008 2:33pm Jul 17, 2008 2:33pm
Quoting nwsuccess
When there is a buy setup.
Couldn't have said it better myself. People focusing on numbers instead of price action is a constant source of amusement.

-Liz
There's always money in the banana stand.
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