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  • #20,661
  • Aug 15, 2008 3:36am Aug 15, 2008 3:36am
and/or further breakout variant up to 1.4620/40, 1.4540/60, 1.4480/1.4500.
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  • #20,662
  • Aug 15, 2008 3:37am Aug 15, 2008 3:37am
Quoting mokonni
I don't expect it to go that low for today, but below 1.4700 is in the making, at least EU goes down since "Holiday europeans markets " opened.

Let there always be evidence to what is posted. Ur posting could convince other traders. Just a little one for reliability. People are trading this currency pair and fear can grab their foot sequel upon ur suggestion. EVIDENCE UR FACT ! One Love
What goes up comes down, so always make Forex better than u met it.
  • #20,663
  • Aug 15, 2008 3:37am Aug 15, 2008 3:37am
Quoting trading801
i made some pips today

when i feel it will go down more.. so i shorted at 1.4707 SL TP at 50pips

may the pips be with me
Be careful it could be that we hit a Bottom for the moment/day.
BIG Money could be done wih the move below 1.4700 !
Good luck
  • #20,664
  • Aug 15, 2008 3:40am Aug 15, 2008 3:40am
Quoting bitrader
and/or further breakout variant up to 1.4620/40, 1.4540/60, 1.4480/1.4500.
Let's relax with the bearish estimates shall we, we already fell 1300 pips in 3 weeks.. The daily double top target is 1.46. After that it will need some serious incentive to go ven lower as I see it and a pretty big retracement or reversal is potentially likely at least as I see it..

btw, could be an interesting opportunity for medium term trades of fibo levels of the fall.
On the path to Enrichment.
  • #20,665
  • Aug 15, 2008 3:43am Aug 15, 2008 3:43am
guys whats with the 14700 u mean it is a strong supportl ine or something?
  • #20,666
  • Aug 15, 2008 3:45am Aug 15, 2008 3:45am
Quoting mustaji
Let there always be evidence to what is posted. Ur posting could convince other traders. Just a little one for reliability. People are trading this currency pair and fear can grab their foot sequel upon ur suggestion. EVIDENCE UR FACT ! One Love
Yes . I understand what you mean. I explained in the post 20644

Please look at the chart. Below 1.4700 @ 1.4698

You should change you data provider if it's not on your chart
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  • #20,667
  • Aug 15, 2008 3:47am Aug 15, 2008 3:47am
How Many Down Points We Can See Today
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  • #20,668
  • Aug 15, 2008 3:51am Aug 15, 2008 3:51am
I don't know how today's news will impact on trading.

Having said that I think that there is a pretty straight channel which is going downwards.

So, yeah, I'm bearish at the moment. I'll check back a few pages and see what you guys have said
  • #20,669
  • Aug 15, 2008 4:10am Aug 15, 2008 4:10am
<<<<I'm bearish at the moment
How Many Down Points We Can See Today
i shorted at 1.4707 >>>>>

Hey Guys, please stay out of the market

There is only one fact in the moment what would bring this one deeper:

If there are more options @ 1.4650 or @1.4600 the force will be there to bring it down to that point or at least try it. Be sure.

But what do I know - I don't have those numbers

I don't know the outcome of the coming news too

But one thing I know for sure: To stay out of the markets on an "options friday"
  • #20,670
  • Aug 15, 2008 4:11am Aug 15, 2008 4:11am
hey Shadowfx and Jurrasic, did you guys trade yesterday (during the NY open and beyond)? I don't recall seeing you guys post ont he forums yesterday?

If so, how did you guys go with that news? It did strange things on the chart for quite some time.
  • #20,671
  • Aug 15, 2008 4:12am Aug 15, 2008 4:12am
Quoting altrader
hey Shadowfx and Jurrasic, did you guys trade yesterday (during the NY open and beyond)? I don't recall seeing you guys post ont he forums yesterday?

If so, how did you guys go with that news? It did strange things on the chart for quite some time.
What strange things are you referring to?
Expected the unexpected
  • #20,672
  • Aug 15, 2008 4:15am Aug 15, 2008 4:15am
Quoting altrader
hey Shadowfx and Jurrasic, did you guys trade yesterday (during the NY open and beyond)? I don't recall seeing you guys post ont he forums yesterday?

If so, how did you guys go with that news? It did strange things on the chart for quite some time.
Hey alt,

I was away, went to get my official BSc in AE certificate. Hoping to work at it for a year to get some decent cash and then make the real money with forex and hang that certificate as decoration on the wall..

Anyway I had an open short at about 925 and a target of 872, which was abviously met so made up for a little loss I had overall in the morning and then some nice profit.
On the path to Enrichment.
  • #20,673
  • Aug 15, 2008 4:18am Aug 15, 2008 4:18am
Quoting mokonni
<<<<I'm bearish at the moment
How Many Down Points We Can See Today
i shorted at 1.4707 >>>>>

Hey Guys, please stay out of the market

There is only one fact in the moment what would bring this one deeper:

If there are more options @ 1.4650 or @1.4600 the force will be there to bring it down to that point or at least try it. Be sure.

But what do I know - I don't have those numbers

I don't know the outcome of the coming news too

But one thing I know for sure: To stay out of the markets on an "options friday"
you're absolutly right
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  • #20,674
  • Aug 15, 2008 4:20am Aug 15, 2008 4:20am
i m beginning to get tired of this pair.dont even know if i am to go long or short.i need some help
  • #20,675
  • Aug 15, 2008 4:25am Aug 15, 2008 4:25am
Quoting oolides
i m beginning to get tired of this pair.dont even know if i am to go long or short.i need some help
In that case it's the perfect setup to trade in the third direction - stay out. I'm not saying that because that is also my opinion, but I think it's more important to trade what you see than what somebody else tells you, in the longer term that will teach you to trade yourself instead of following questionable advice.
On the path to Enrichment.
  • #20,676
  • Aug 15, 2008 4:27am Aug 15, 2008 4:27am
Quoting Jurrasic
In that case it's the perfect setup to trade in the third direction - stay out.

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  • #20,677
  • Aug 15, 2008 4:30am Aug 15, 2008 4:30am
seems some bulls are still alive.hope they stay out for long before the bears sight them and start chowing them up.
  • #20,678
  • Aug 15, 2008 4:32am Aug 15, 2008 4:32am
Quoting Jurrasic
In that case it's the perfect setup to trade in the third direction - stay out. I'm not saying that because that is also my opinion, but I think it's more important to trade what you see than what somebody else tells you, in the longer term that will teach you to trade yourself instead of following questionable advice.
I probably missed out something, but what is the third direction you are talking about?
Expected the unexpected
  • #20,679
  • Aug 15, 2008 4:37am Aug 15, 2008 4:37am
they are beginning to crawl out.lazy bulls
  • #20,680
  • Aug 15, 2008 4:39am Aug 15, 2008 4:39am
Quoting oolides
they are beginning to crawl out.lazy bulls
The lazy bulls better hope they keep themselves out of sight from the bears, or else they will get pounced again.
Expected the unexpected
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