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  • #17,581
  • Aug 4, 2008 9:31am Aug 4, 2008 9:31am
Quoting doji
Can someone tell me why the Euro kept going up despite supposedly dollar-positive fundamental news?
Question is, how positive some of the news really were

http://www.bloomberg.com/apps/news?p...FNw&refer=home

(and there is the long term trendline I mentioned..)
  • #17,582
  • Aug 4, 2008 9:31am Aug 4, 2008 9:31am
I will buy or sell euro's all day long:

anyone want to sell me 100@ 19
buy 100@ 22


I will buy 10@ 17
or I will sell 10 @ 20
  • #17,583
  • Aug 4, 2008 9:33am Aug 4, 2008 9:33am
Quoting de123
buy on pulbacks...all /usd pairs.!!!...lets kill the bears all the way up to new highs...
Thx for vouching DE123...

Enjoy the ride on the bike...should be good..

Cheers
  • #17,584
  • Aug 4, 2008 9:35am Aug 4, 2008 9:35am
Quoting doji
Can someone tell me why the Euro kept going up despite supposedly dollar-positive fundamental news?
Stops and Crude.
  • #17,585
  • Aug 4, 2008 9:37am Aug 4, 2008 9:37am
Quoting de123
buy on pulbacks...all /usd pairs.!!!...lets kill the bears all the way up to new highs...
Every dog has it's day, and shall we say, the bulls are doing ok
  • #17,586
  • Aug 4, 2008 9:44am Aug 4, 2008 9:44am
Quoting Clouds
Every dog has it's day, and shall we say, the bulls are doing ok
Intra-day they are doing ok.
Long term charts bulls blow farts.
I'd like to add the bulls look sad.
Makes me happy not the least mad.

  • #17,587
  • Aug 4, 2008 9:46am Aug 4, 2008 9:46am
Quoting de123
go fiber, go cable, go aussy, go kiwi....
especially aussy and kiwi
  • #17,588
  • Aug 4, 2008 9:47am Aug 4, 2008 9:47am
anyone got idea of what the eur did to make this high?i hope it touches 1.5660 because that is where my take profit is.any proof that would happen?
shadow pls answer my question
  • #17,589
  • Aug 4, 2008 9:51am Aug 4, 2008 9:51am
Quoting acumen
Long term charts bulls blow farts.
You must have quite a strange definition for long term if you mean EURUSD
  • #17,590
  • Aug 4, 2008 9:56am Aug 4, 2008 9:56am
Quoting finian204rea
anyone got idea of what the eur did to make this high?i hope it touches 1.5660 because that is where my take profit is.any proof that would happen?
shadow pls answer my question
Hi Finian, EUR made intra day high due to reasons posted earlier and touched the main 4H Bearish UTL at 1.5630. I've added shorts at that position, since I see no reason for it to break it today...

Having said the above and I still remain overall bearish...I have taken profit at 1.563 based upon risk / reward ratio in the current situation, waiting for 30 pips more on an already established break out is to large a risk IMO

As always...Just my 2 Cents...
  • #17,591
  • Aug 4, 2008 10:02am Aug 4, 2008 10:02am
big chance of no hike on interest rate.. the banks are on the way to another loan problems.. stocks are down.. HEAVY LONG WILL SOON PLACED!

cheers de123!
Money often costs too much...
  • #17,592
  • Aug 4, 2008 10:06am Aug 4, 2008 10:06am
Quoting Clouds
especially aussy and kiwi
im buying gj now 212.222 lovely number to defend....
its just money
  • #17,593
  • Aug 4, 2008 10:07am Aug 4, 2008 10:07am
Quoting Shadowfx
Hi Finian, EUR made intra day high due to reasons posted earlier and touched the main 4H Bearish UTL at 1.5630. I've added shorts at that position, since I see no reason for it to break it today...

Having said the above and I still remain overall bearish...I have taken profit at 1.563 based upon risk / reward ratio in the current situation, waiting for 30 pips more on an already established break out is to large a risk IMO

As always...Just my 2 Cents...
thanks man you are the most wonderful forex trader i have known in my life time.so i should cut my profit to 1.5630?
  • #17,594
  • Aug 4, 2008 10:12am Aug 4, 2008 10:12am
Quoting finian204rea
thanks man you are the most wonderful forex trader i have known in my life time.so i should cut my profit to 1.5630?
Thx
With regards to your cut profit...that is your and always should be your own decision, like I've said before..please do NOT follow my advice blind, ALWAYS do your own due diligence and then trade upon.

Just my 2 Cents...
  • #17,595
  • Aug 4, 2008 10:13am Aug 4, 2008 10:13am
Quoting mikkom
You must have quite a strange definition for long term if you mean EURUSD
Long term is a 1H chart.
  • #17,596
  • Aug 4, 2008 10:14am Aug 4, 2008 10:14am
Quoting mikkom
You must have quite a strange definition for long term if you mean EURUSD
That was a prognostication not historical reference.
  • #17,597
  • Aug 4, 2008 10:22am Aug 4, 2008 10:22am
Quoting Shadowfx
Thx
With regards to your cut profit...that is your and always should be your own decision, like I've said before..please do NOT follow my advice blind, ALWAYS do your own due diligence and then trade upon.

Just my 2 Cents...
ok thanks man i use your advise to portray what i want to do not that i take them as my decision ok.
  • #17,598
  • Aug 4, 2008 10:26am Aug 4, 2008 10:26am
Quoting finian204rea
thanks man you are the most wonderful forex trader i have known in my life time.so i should cut my profit to 1.5630?

hey finian, this is just my own opinion. if you look at your e/u chart and plot out the daily pivots you will notice that it did penetrate the 3rd resistance but it did not close above it. this is on the 30m chart. now my opinion is that there is still some bears left to this pair. so i took my profit at 1.5621 and now have a short open. now this is just my 2 cents. good luck. always refer to your charts when making a decision.
  • #17,599
  • Aug 4, 2008 10:36am Aug 4, 2008 10:36am
Quoting treadline
hey finian, this is just my own opinion. if you look at your e/u chart and plot out the daily pivots you will notice that it did penetrate the 3rd resistance but it did not close above it. this is on the 30m chart. now my opinion is that there is still some bears left to this pair. so i took my profit at 1.5621 and now have a short open. now this is just my 2 cents. good luck. always refer to your charts when making a decision.
thanks man i appreciate ok
  • #17,600
  • Aug 4, 2008 10:40am Aug 4, 2008 10:40am
Why did it just plunged ???
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