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EURUSD

  • #19,621
  • Aug 11, 2008 6:31pm Aug 11, 2008 6:31pm
Quoting acumen
Then who in the h#ll keeps buying?
Don't look at me!
  • #19,622
  • Aug 11, 2008 6:32pm Aug 11, 2008 6:32pm
Quoting acumen
Then who in the h#ll keeps buying?
It's not ACTUAL buying (long term) dollars! This is a very thin market (aka summer time) and stops have been getting triggered left and right. This has been purely a stop hunting game and long term (5+ years) investors will be smiling when they have euro's in their portfolio.

Like I said -- this is a very thin environment and the weak are getting knocked out. Let oil unravel to about $95 or so and go all in on euro, gold and oil.
Pippin ain't easy, but it sho is fun!
  • #19,623
  • Aug 11, 2008 6:35pm Aug 11, 2008 6:35pm
Quoting kodie2006
It's not ACTUAL buying (long term) dollars! This is a very thin market (aka summer time) and stops have been getting triggered left and right. This has been purely a stop hunting game and long term (5+ years) investors will be smiling when they have euro's in their portfolio.

Like I said -- this is a very thin environment and the weak are getting knocked out. Let oil unravel to about $95 or so and go all in on euro, gold and oil.

Spot on. Oil needs to stabilize at $100 or south. Then put your mortgage money in Euros and watch er zoom.
  • #19,624
  • Aug 11, 2008 6:38pm Aug 11, 2008 6:38pm
Quoting seesaw
Spot on. Oil needs to stabilize at $100 or south. Then put your mortgage money in Euros and watch er zoom.
The word on the street (have heard from numerous hedge funds and large institutions) that the time to go long oil is at the $90 area, initiating a position at $105 all the way to $90. You won't go wrong. EUR/USD should be around 1.44 level -- this is an opportunity of a life time. Just imagine when the EUR trades at what the pound is at!
Pippin ain't easy, but it sho is fun!
  • #19,625
  • Aug 11, 2008 6:47pm Aug 11, 2008 6:47pm
Nothing Is 100% Sure and I am not G-D

I sincerely doubt EUR/USD will ever SEE 1.4800

I do Not Care What The Technicals Show. As A Fundamental Trader I see The Low just above 1.4800

Gold is about done falling as is Oil and News is soon coming out. Today was a NO DATA Day !!!

Please Remember the FTP Video !

Fundamentals + Technicals + Perception !!!

Should I Post The Link Again ???


Bruce
{Promotion Removed}
  • #19,626
  • Aug 11, 2008 6:50pm Aug 11, 2008 6:50pm
Quoting Warren Forex
Nothing Is 100% Sure and I am not G-D

I sincerely doubt EUR/USD will ever SEE 1.4800

I do Not Care What The Technicals Show. As A Fundamental Trader I see The Low just above 1.4800

Gold is about done falling as is Oil and News is soon coming out. Today was a NO DATA Day !!!

Please Remember the FTP Video !

Fundamentals + Technicals + Perception !!!

Should I Post The Link Again ???


Bruce
Yes the video on the double top and how to calculate target. I like those videos by the way good post.
Redefining Reality
  • #19,627
  • Aug 11, 2008 6:50pm Aug 11, 2008 6:50pm
Quoting acumen
But I sure like the contention on this thread.

Bruce,

You keeping arguing with the market and it seems the more you post about the dollars impending demise - the more it strengthens.
know anyone that could code an ea to monitor those posts? now THAT might work...
FUBAR...
  • #19,628
  • Aug 11, 2008 6:50pm Aug 11, 2008 6:50pm
Here is the Link to the FTP video.

http://broadcast.ino.com/education/t...eboard_6/?blog

PLEASE WATCH IT !!! Thank You !!!


Bruce
{Promotion Removed}
  • #19,629
  • Edited 6:54pm Aug 11, 2008 6:52pm | Edited 6:54pm
Thank you


Video Lesson 2
Redefining Reality
  • #19,630
  • Aug 11, 2008 6:59pm Aug 11, 2008 6:59pm
entered long at these levels and will add to the position if stays or drops from these levels.... TP above 1.53xx , might take a couple of weeks.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 38 KB
  • #19,631
  • Aug 11, 2008 6:59pm Aug 11, 2008 6:59pm
http://www.financialsense.com/fsu/ed...2008/0811.html


Bruce
{Promotion Removed}
  • #19,632
  • Aug 11, 2008 7:01pm Aug 11, 2008 7:01pm
This double top is like poetry in motion.
Attached Image
  • #19,633
  • Aug 11, 2008 7:02pm Aug 11, 2008 7:02pm
Quoting goranFX
entered long at these levels and will add to the position if stays or drops from these levels.... TP above 1.53xx , might take a couple of weeks.
There could be some buying between 2:00 AM EST + 4 GMT and 3:00 AM at the London Open

I Wish you the Best !!!
{Promotion Removed}
  • #19,634
  • Aug 11, 2008 7:05pm Aug 11, 2008 7:05pm
Quoting Warren Forex
I sincerely doubt EUR/USD will ever SEE 1.4800

I do Not Care What The Technicals Show. As A Fundamental Trader I see The Low just above 1.4800 Bruce
Could you clarify for the record when you say 1.4800 that you mean 1.4800 literally and not 1.48xx? Just asking cuz it just bounced off 1.4860ish. It also looks like it was it was already in the 48xx's when you posted that it wouldn't do so. Do you even LOOK at a chart, or just read old news?

If 1.4800 literally, then i'd have to remind you that when UJ hit 103.70ish for an hour or so some time back, you were all over how it hit your 103.00 call. I thought it was a rather fine hair to split, but gave it to you anyway. On the other hand, dove_alliance's call of 110 which you so strongly denied has held up pretty solidly now... and that would be kind of a double standard there.

Just wondering is all.
FUBAR...
  • #19,635
  • Aug 11, 2008 7:08pm Aug 11, 2008 7:08pm
Quoting goranFX
entered long at these levels and will add to the position if stays or drops from these levels.... TP above 1.53xx , might take a couple of weeks.
It could take a couple of years.
  • #19,636
  • Aug 11, 2008 7:08pm Aug 11, 2008 7:08pm
It Is EUR/USD related ...


http://www.resourceinvestor.com/pebble.asp?relid=45229


Bruce
{Promotion Removed}
  • #19,637
  • Aug 11, 2008 7:10pm Aug 11, 2008 7:10pm
Quoting acumen
It could take a couple of years.
EUR is due for a retrace ....i hope can collect those pips
  • #19,638
  • Aug 11, 2008 7:10pm Aug 11, 2008 7:10pm
Today was payday, I have been holding my position till it hits 1.49 .......AND IT DID!!
  • #19,639
  • Aug 11, 2008 7:11pm Aug 11, 2008 7:11pm
Quoting ak4x
Could you clarify for the record when you say 1.4800 that you mean 1.4800 literally and not 1.48xx? Just asking cuz it just bounced off 1.4860ish. It also looks like it was it was already in the 48xx's when you posted that it wouldn't do so. Do you even LOOK at a chart, or just read old news?

If 1.4800 literally, then i'd have to remind you that when UJ hit 103.70ish for an hour or so some time back, you were all over how it hit your 103.00 call. I thought it was a rather fine hair to split, but gave it to you anyway. On the other hand, dove_alliance's call of 110 which you so strongly denied has held up pretty solidly now... and that would be kind of a double standard there.

Just wondering is all.
I only said it would go below 106.00 before it hit 110.00 again and the record shows it did.

As for 1.4800 let me put it at 1.4800

Hope that clarifies things.

Where is Dove ?

I Miss Him !!!


Bruce
{Promotion Removed}
  • #19,640
  • Aug 11, 2008 7:16pm Aug 11, 2008 7:16pm
Quoting Warren Forex
Nothing Is 100% Sure and I am not G-D

I sincerely doubt EUR/USD will ever SEE 1.4800

I do Not Care What The Technicals Show. As A Fundamental Trader I see The Low just above 1.4800

Gold is about done falling as is Oil and News is soon coming out. Today was a NO DATA Day !!!

Please Remember the FTP Video !

Fundamentals + Technicals + Perception !!!

Should I Post The Link Again ???


Bruce
My memory is faint but didn't you tell people to buy this dog at .5200?
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