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EURUSD

  • #19,161
  • Aug 10, 2008 6:43pm Aug 10, 2008 6:43pm
Quoting PandoraBox
It bring UJ and GC too to the south
UJ is dropping like a ton of bricks.
  • #19,162
  • Aug 10, 2008 6:45pm Aug 10, 2008 6:45pm
Quoting malcolmb14
flag breakdowns eruusd and gbpusd playing out nicely for 40 pip move downs in erujpy and gbpjpy

chasing sto down gbpjpy and eurjpy

eurjpy almost on target 164
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  • #19,163
  • Aug 10, 2008 6:46pm Aug 10, 2008 6:46pm
Quoting Clouds
UJ is dropping like a ton of bricks.
If GJ maintain at price 210.50 ~ 210.20, then we will see more down side during london and NY session.

Bearish Continuation Pattern at GJ H4.
  • #19,164
  • Aug 10, 2008 6:48pm Aug 10, 2008 6:48pm
Quoting malcolmb14
chasing sto down gbpjpy and eurjpy

eurjpy almost on target 164
i was wrong ... lol not 50 pips on those drops ..... 100 on gj and 70 on ej
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  • #19,165
  • Aug 10, 2008 6:57pm Aug 10, 2008 6:57pm
EUR/CHF 1.6185 very strong pivot. If it breaks Sell,buthttp://4.bp.blogspot.com/_nmIuQsC9b-...r++eur+chf.png also Buy Bounce(do not rush for Buy)
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  • #19,166
  • Aug 10, 2008 6:57pm Aug 10, 2008 6:57pm
I think we will see doji at GC H4
  • #19,167
  • Aug 10, 2008 7:02pm Aug 10, 2008 7:02pm
Quoting malcolmb14
i was wrong ... lol not 50 pips on those drops ..... 100 on gj and 70 on ej

closed both trades eurjpy right on target 164 , gj right on 210 whole number
Blogging daily now at www.volume.zone
  • #19,168
  • Aug 10, 2008 7:04pm Aug 10, 2008 7:04pm
EU drop about 1,000 pips from high, maybe good time for retrace
  • #19,169
  • Aug 10, 2008 7:05pm Aug 10, 2008 7:05pm
Quoting malcolmb14
closed both trades eurjpy right on target 164 , gj right on 210 whole number
bravo... what about Eur/Usd? Are you in? Any TP?
  • #19,170
  • Aug 10, 2008 7:10pm Aug 10, 2008 7:10pm
I just got in. Looking for around 1.5150
  • #19,171
  • Aug 10, 2008 7:14pm Aug 10, 2008 7:14pm
Quoting Clouds
I just got in. Looking for around 1.5150


It will fill the gap before new york session in the morning.
  • #19,172
  • Aug 10, 2008 7:18pm Aug 10, 2008 7:18pm
oil up a little over $1
  • #19,173
  • Aug 10, 2008 7:22pm Aug 10, 2008 7:22pm
Dont' forget, gold is at strong support at 850$ ,
  • #19,174
  • Aug 10, 2008 7:26pm Aug 10, 2008 7:26pm
Quoting Clouds
Dont' forget, gold is at strong support at 850$ ,
E/U pushing up against 1hr UTL
U/C looking to breaking 1hr LTL

buying E/U, shorting USD/CHF
  • #19,175
  • Aug 10, 2008 7:26pm Aug 10, 2008 7:26pm
to at least 1.5150
  • #19,176
  • Aug 10, 2008 7:29pm Aug 10, 2008 7:29pm
First Euro has to break 1.5 and the resisting channel
  • #19,177
  • Aug 10, 2008 7:29pm Aug 10, 2008 7:29pm
Take 1/4 profit at 1.500, from Long since 1.4925
http://2.bp.blogspot.com/_nmIuQsC9b-...ver+eur111.png
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  • #19,178
  • Aug 10, 2008 8:00pm Aug 10, 2008 8:00pm
Quoting ljr
Yes this is what i am saying. I would only call it support if it proves to be support. Just because the price broke through that resistance does not automatically make it support until it has been tested.
That's not correct, any support/resistance level that is broken automatically becomes the opposite.

Quoting steelhead
It will fill the gap before new york session in the morning.
There is no gap.
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  • #19,179
  • Aug 10, 2008 8:04pm Aug 10, 2008 8:04pm
There are no real gaps in the forex market as it is a continuous market 24/7 , now there my be a gap on someone's chart because the platform or broker is not open for business and there are times of inactivity over the weekends, but for price to change money is moving.
  • #19,180
  • Aug 10, 2008 8:13pm Aug 10, 2008 8:13pm
let's see what happens here
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