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  • #16,361
  • Jul 28, 2008 3:24am Jul 28, 2008 3:24am
Probably should have waited till it broke the resistance its at right now. Price action can be a pain sometimes.
  • #16,362
  • Jul 28, 2008 3:25am Jul 28, 2008 3:25am
we are either go to 1.5610 or 1.58.. hmm....
Money often costs too much...
  • #16,363
  • Jul 28, 2008 3:27am Jul 28, 2008 3:27am
Quoting Seaward22
Probably should have waited till it broke the resistance its at right now. Price action can be a pain sometimes.
Back off the caffeine a bit and you should be ok. LOL! You post more than anyone I have seen in this forum. Not a bad thing, don't get me wrong. Kind of reminds me of a chihuahua on crack.

Just kidding. Keep posting I enjoy your enthusiasm.
  • #16,364
  • Jul 28, 2008 3:30am Jul 28, 2008 3:30am
Quoting scyang
It is possible that the pair will range all day because there won't be any more economic news on europe side or US side for the rest of the day.
its going up now but market sentiment still bear.. looks like it will range.. lol
Money often costs too much...
  • #16,365
  • Jul 28, 2008 3:32am Jul 28, 2008 3:32am
Quoting Seaward22
Probably should have waited till it broke the resistance its at right now. Price action can be a pain sometimes.
i got stopped out. I'm now long
  • #16,366
  • Jul 28, 2008 3:34am Jul 28, 2008 3:34am
Quoting magnumfreak
Back off the caffeine a bit and you should be ok. LOL! You post more than anyone I have seen in this forum. Not a bad thing, don't get me wrong. Kind of reminds me of a chihuahua on crack.

Just kidding. Keep posting I enjoy your enthusiasm.
LMAO!!

Market looks bear, it's against SMA 100 right now....doubt it'll break it. should go down...will wait to see..
  • #16,367
  • Jul 28, 2008 3:34am Jul 28, 2008 3:34am
Quoting altrader
i got stopped out. I'm now long
res at 5750 becarefull
Money often costs too much...
  • #16,368
  • Jul 28, 2008 3:37am Jul 28, 2008 3:37am
Quoting indotrader
res at 5750 becarefull
I've got TP 1.5745
  • #16,369
  • Edited 3:42am Jul 28, 2008 3:40am | Edited 3:42am
Quoting Seaward22
I've got TP 1.5745
It bounced down.
Expected the unexpected
  • #16,370
  • Jul 28, 2008 3:40am Jul 28, 2008 3:40am
I'm watching RSI on 1HR chart. FXCapitalist was talking about the market bias being bearish if it bounces down from 60.00, which is where it's at right now.
  • #16,371
  • Jul 28, 2008 3:46am Jul 28, 2008 3:46am
shorting her from 5735 its the 618
Money often costs too much...
  • #16,372
  • Jul 28, 2008 3:46am Jul 28, 2008 3:46am
Nice we'll see what happens. The thing is that reading was from last week as you can see from last week it ventured above 60 and closed above it for 2 hrs so it's in bull territory for now. I'll be looking for longs.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,373
  • Jul 28, 2008 3:48am Jul 28, 2008 3:48am
Quoting FXCapitalist
Nice we'll see what happens.
mr Fxcap.. more analysis please
Money often costs too much...
  • #16,374
  • Jul 28, 2008 3:48am Jul 28, 2008 3:48am
Quoting FXCapitalist
Nice we'll see what happens.
yo man....good morning....
Fools Rushing
  • #16,375
  • Jul 28, 2008 3:50am Jul 28, 2008 3:50am
Quoting indotrader
res at 5750 becarefull
lol i'm flip flopping like a politician . I'm now short.

I didn't prepare for trading properly today and I'm getting smashed every which way. (got home late)
  • #16,376
  • Jul 28, 2008 3:54am Jul 28, 2008 3:54am
Quoting indotrader
shorting her from 5735 its the 618
what is your stop and target
  • #16,377
  • Jul 28, 2008 3:54am Jul 28, 2008 3:54am
I'll analyze it later when it's more important dont even do anything because market movement is being really retarded right now, dont even waste your spreads. It should close over the 60 rsi level and move on up it bounced off the pivot from the fib from last week today @ 1.5690 just a few hrs ago. The extension should be on it's way.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,378
  • Jul 28, 2008 3:56am Jul 28, 2008 3:56am
Quoting kirana
what is your stop and target
my stop is i have no stop i bought 10 put option contracts at 1.5700 expiring in september. Why would I need a stop. My target is whatever the market gives me and my options expire worthless.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,379
  • Jul 28, 2008 3:56am Jul 28, 2008 3:56am
Quoting altrader
lol i'm flip flopping like a politician . I'm now short.

I didn't prepare for trading properly today and I'm getting smashed every which way. (got home late)
dont be a sucker, close your positions and think of new ones.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,380
  • Jul 28, 2008 3:57am Jul 28, 2008 3:57am
Quoting FXCapitalist
I'll analyze it later when it's more important dont even do anything because market movement is being really retarded right now, dont even waste your spreads. It should close over the 60 rsi level and move on up it bounced off the pivot from the fib from last week today @ 1.5690 just a few hrs ago. The extension should be on it's way.
Does that 60 RSI technique work on all other currency pairs for you as well as the Euro/Usd?
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