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  • #15,201
  • Jul 17, 2008 10:44pm Jul 17, 2008 10:44pm
Quoting NuckingFuts
Mirror, mirror on the wall, who is the strongest of them all? The mighty bulls or the beastly bears?

Price action will give you the answer bellows my mirror
right now price action suggest we are in the wonderful world of consolidation.
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  • #15,202
  • Jul 17, 2008 11:03pm Jul 17, 2008 11:03pm
Quoting c-note
right now price action suggest we are in the wonderful world of consolidation.
And has been doing so since March
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  • #15,203
  • Jul 17, 2008 11:07pm Jul 17, 2008 11:07pm
Keep looking south unless over 5900.
There's always money in the banana stand.
  • #15,204
  • Jul 17, 2008 11:14pm Jul 17, 2008 11:14pm
Quoting LizardGizzard
Keep looking south unless over 5900.
Yep, sell high, buy low
  • #15,205
  • Jul 17, 2008 11:26pm Jul 17, 2008 11:26pm
As you can see I am definitely not an Elliot Waver.

Wishful thinking EW experts?

Attached Image(s) (click to enlarge)
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  • #15,206
  • Jul 17, 2008 11:59pm Jul 17, 2008 11:59pm
Nope. Euro's Pushing north now. Retest of 1.6 for sure
There's always money in the banana stand.
  • #15,207
  • Jul 18, 2008 12:23am Jul 18, 2008 12:23am
Quoting LizardGizzard
Nope. Euro's Pushing north now. Retest of 1.6 for sure
What makes you say that?
  • #15,208
  • Jul 18, 2008 12:28am Jul 18, 2008 12:28am
Quoting LizardGizzard
Nope. Euro's Pushing north now. Retest of 1.6 for sure
"Forex, where you make money for sure™"
Not all sins are created equal
  • #15,209
  • Jul 18, 2008 12:47am Jul 18, 2008 12:47am
EU FLYING AGAIN!!
... /$ -> LONG
  • #15,210
  • Jul 18, 2008 12:57am Jul 18, 2008 12:57am
Quoting Jay Walker
"Forex, where you make money for sure"
jay, you're forgeting something , (risk disclosure )
... /$ -> LONG
  • #15,211
  • Jul 18, 2008 12:57am Jul 18, 2008 12:57am
Quoting Jay Walker
"Forex, where you make money for sure"


I nearly covered my monitor with coffee on that one.
  • #15,212
  • Jul 18, 2008 1:43am Jul 18, 2008 1:43am
for those with longs in play, watch out for resistance @ 1.5895 and H&S neckline .. fly euro fly!!
... /$ -> LONG
  • #15,213
  • Jul 18, 2008 2:26am Jul 18, 2008 2:26am
Good evening...
I see this 2 trend lines,, they should mean something,,
I'm waiting for the 4hr macd to cross and for the upper trendline to be broken,, good time to buy if the lower trend line holds..

cheers,,
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  • #15,214
  • Jul 18, 2008 2:48am Jul 18, 2008 2:48am
Quoting FxApasionado
Good evening...
I see this 2 trend lines,, they should mean something,,
I'm waiting for the 4hr macd to cross and for the upper trendline to be broken,, good time to buy if the lower trend line holds..

cheers,,
Not to contradict you, but I do think then we are heading lower, hopefully much lower than yesterday. I conclude this purely on studying the MA's.

But I may be wrong no doubt.
  • #15,215
  • Jul 18, 2008 2:57am Jul 18, 2008 2:57am
Watch Citi's earnings like a hawk - should there be a surprise to the upside like with JPM, both EU and GBP will drop like a rock.
  • #15,216
  • Jul 18, 2008 3:29am Jul 18, 2008 3:29am
S/L now BE
  • #15,217
  • Jul 18, 2008 3:29am Jul 18, 2008 3:29am
Quoting Subdude
Watch Citi's earnings like a hawk - should there be a surprise to the upside like with JPM, both EU and GBP will drop like a rock.
Subdude, at what hour is expected that news release? and which values are expected. (i.e; previous, concensus, actual as for ec. calendar)

i'd appreciate your answer, thanks
... /$ -> LONG
  • #15,218
  • Jul 18, 2008 3:30am Jul 18, 2008 3:30am
samuel84, what MA do you look at ?
I am keeping my eyes on the 19,39,100 and 200 MA.



Quoting samuel84
Not to contradict you, but I do think then we are heading lower, hopefully much lower than yesterday. I conclude this purely on studying the MA's.

But I may be wrong no doubt.
  • #15,219
  • Jul 18, 2008 3:30am Jul 18, 2008 3:30am
Quoting samuel84
Not to contradict you, but I do think then we are heading lower, hopefully much lower than yesterday. I conclude this purely on studying the MA's.

But I may be wrong no doubt.
I don't know man,, I have doubts about this pair going south,, big doubts..

just my opinion..
  • #15,220
  • Jul 18, 2008 3:36am Jul 18, 2008 3:36am
samuel84, what MA do you look at ?
I am keeping my eyes on the 19,39,100 and 200 MA.



Quoting samuel84
Not to contradict you, but I do think then we are heading lower, hopefully much lower than yesterday. I conclude this purely on studying the MA's.

But I may be wrong no doubt.
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