Attachments: EURUSD

EURUSD

#22,941
Aug 22, 2008 11:00am Aug 22, 2008 11:00am

indotrader
| Joined Dec 2007 | Status: Trader | 520 Posts

we're not yet below 4740, as for me the correction is not yet over, still up.. I will wait and see.. since I dont know where its heading.. anyone here see something on your charts ?

Money often costs too much...

#22,942
Aug 22, 2008 11:01am Aug 22, 2008 11:01am

krufx
| Joined Jul 2008 | Status: Trader | 149 Posts

Quoting SunTrader

Disliked

I am displeased at how many times this thread turns into a battle not involving EUR/USD...............

And then you join us with informercial talk.

Welcome.

And don't worry about the chit chat, it comes with the territory.
And once Friday 5pm euro time comes forex is dead to Sunday night.

Ignored

Too True and there is always the ignore list

#22,943
Aug 22, 2008 11:06am Aug 22, 2008 11:06am

kamala
| Joined Aug 2008 | Status: We need to find the plug!!!! | 85 Posts

I've seen turtles crawl faster!

#22,944
Aug 22, 2008 11:10am Aug 22, 2008 11:10am

MTF Test
Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,834 Posts

Hello Mr.Bruce (Wareen Forex)

I would really love to see your analysis on EUR/USD

Thank you..

Peace out...

Fools Rushing

#22,945
Aug 22, 2008 11:13am Aug 22, 2008 11:13am

Jurrasic
| Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts

Quoting indotrader

Disliked

we're not yet below 4740, as for me the correction is not yet over, still up.. I will wait and see.. since I dont know where its heading.. anyone here see something on your charts ?

Ignored

Well 4884 is monthly s3 andso far it looks like a repuslion off of it and if we close below the weekly pivot and 48 plus considering the way the daily looks - it smells like a bear. Then again it's Friday, so remains to see what happens on Monday. 740 should indeed be an important sign we're heading south next week. So far though, we're in a slow uptrend channel..

On the path to Enrichment.

#22,946
Aug 22, 2008 11:14am Aug 22, 2008 11:14am

indotrader
| Joined Dec 2007 | Status: Trader | 520 Posts

Quoting MTF Test

Disliked

Hello Mr.Bruce (Wareen Forex)

I would really love to see your analysis on EUR/USD

Thank you..

Peace out...

Ignored

yep, actually me too..

Money often costs too much...

#22,947
Aug 22, 2008 11:19am Aug 22, 2008 11:19am

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

Quoting MTF Test

Disliked

Hello Mr.Bruce (Wareen Forex)

I would really love to see your analysis on EUR/USD

Thank you..

Peace out...

Ignored

That is the problem. He doesn't have one. He cuts and paste links, then says the fundamentals rule as the markets go the opposite direction.

There is always a way to find news to fit our point of view if we search long and hard enough. The point is to try to determine what is the markets point of view. Not our own. We, individuals, don't count. The consensus counts.

The news / fundamentals in the end should "rule". But you might be broke before then. I'd rather be rich than right.

#22,948
Edited 11:22am Aug 22, 2008 11:20am | Edited 11:22am

indotrader
| Joined Dec 2007 | Status: Trader | 520 Posts

Quoting Jurrasic

Disliked

Well 4884 is monthly s3 andso far it looks like a repuslion off of it and if we close below the weekly pivot and 48 plus considering the way the daily looks - it smells like a bear. Then again it's Friday, so remains to see what happens on Monday. 740 should indeed be an important sign we're heading south next week.

Ignored

Jurrasic, I think Im gonna have to wait until 740.. as for now I dont have anything on my charts to pick a decision.. I really like to see 4950 area before we continue south tho, oh well I will use the weekend to learn something new for the next week

Money often costs too much...

#22,949
Aug 22, 2008 11:27am Aug 22, 2008 11:27am

Jurrasic
| Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts

Quoting indotrader

Disliked

Jurrasic, I think Im gonna have to wait until 740.. as for now I dont have anything on my charts to pick a decision.. I really like to see 4950 area before we continue south tho, oh well I will use the weekend to learn something new for the next week

Ignored

I added the slow uptrend part to my post, we should not forget about it. I'm considering entering a long if we get closer to 770 and today's s1, put sl at 735 and see what happens. The channel and the fact monday ussualy reverses friday should give it a 50:50 shot against what I mentioned above. Good r:r though. I've messed up this week, so maybe next week will mean a change of luck.

On the path to Enrichment.

#22,950
Aug 22, 2008 11:38am Aug 22, 2008 11:38am

Kess.
| Joined Aug 2008 | Status: Trader | 95 Posts

I think there are only one relevant reason, that till the markets close this week, we can expect only long last few hours. Till 5 p .m NY time, EUR shoul be hitting 835 area again, if break then till 845-855 close for this week. I will try to hold long to this area and close then.

Think twice befor you trade.

Wish you a lot of great moments with those you love.

#22,951
Edited 11:42am Aug 22, 2008 11:39am | Edited 11:42am

indotrader
| Joined Dec 2007 | Status: Trader | 520 Posts

Quoting Jurrasic

Disliked

I added the slow uptrend part to my post, we should not forget about it. I'm considering entering a long if we get closer to 770 and today's s1, put sl at 735 and see what happens. The channel and the fact monday ussualy reverses friday should give it a 50:50 shot against what I mentioned above. Good r:r though. I've messed up this week, so maybe next week will mean a change of luck.

Ignored

I didnt know that monday usually reverses friday move, input for me! thanks!
I am now considering to enter one more position to end my weekend, still LONG

..on my charts if today's daily candle closed above 820 area, next week we're still up!
GL with your trades Jurrasic

Money often costs too much...

#22,952
Aug 22, 2008 11:40am Aug 22, 2008 11:40am

5ysfx
Joined Jul 2008 | Status: Invincible | 3,619 Posts

bias is still bullish as long as momentum stay above 100ema at 3H chart
i must work at my target and exits yet and add PP to EW.
bought at blue trendline 4788

pay attention how price turn at PP and hit opposite target at 4780 instead 4950
in the time which i forcasted b4.
Also have a look how price respect direction lines in the future.

next week have to calculate new direction lines for last wave up.

Attached Image (click to enlarge)

Click to Enlarge

Name: pivot.png
Size: 50 KB

#22,953
Aug 22, 2008 11:40am Aug 22, 2008 11:40am

MTF Test
Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,834 Posts

Quoting MTF Test

Disliked

Hello Mr.Bruce (Wareen Forex)

I would really love to see your analysis on EUR/USD

Thank you..

Peace out...

Ignored

With all due respect i wasn't being sarcastic.question for real.

peace out ..everybody
just chill a bit

Fools Rushing

#22,954
Aug 22, 2008 11:52am Aug 22, 2008 11:52am

indotrader
| Joined Dec 2007 | Status: Trader | 520 Posts

Quoting MTF Test

Disliked

With all due respect i wasn't being sarcastic.question for real.

peace out ..everybody
just chill a bit

Ignored

I do read some of the articles that he posted,, and some are useful for me.. not sarcastic too, peace !

Money often costs too much...

#22,955
Aug 22, 2008 11:56am Aug 22, 2008 11:56am

DarkProdigy
| Joined Jan 2008 | Status: Trader | 16 Posts

Quoting 5ysfx

Disliked

bias is still bullish as long as momentum stay above 100ema at 3H chart
i must work at my target and exits yet and add PP to EW.
bought at blue trendline 4788

pay attention how price turn at PP and hit opposite target at 4780 instead 4950
in the time which i forcasted b4.
Also have a look how price respect direction lines in the future.

next week have to calculate new direction lines for last wave up.

Ignored

Wow...that a whole lot going on for a chart...
...almost seizure like...

I'm going to have to agree on a bullish call for now.
- Trading above psychological number 1.4800 bounce off.
- Oil drifting a tad bit higher
- Stocks moving away from highs

I would wait a bit to see which way the 15min trend line breaks as this is the 4th top on it.

...I'd probably go long if the top breaks but this would be more intraday call for me.

#22,956
Aug 22, 2008 11:59am Aug 22, 2008 11:59am

botadufig05
| Joined Aug 2008 | Status: Trader | 203 Posts

Quoting DarkProdigy

Disliked

Hey everyone, I'm no necessarily new but really don't post at all...I do browse this particular thread a lot though and appreciate everyones opinions!

With that said...
I am displeased at how many times this thread turns into a battle not involving EUR/USD. There is so much unnecessary focus on Warren Forex, his past, and posts. If you don't like it, just ignore (despite his copy and pastes being long as heck...).

As for you Mr. "Warren Forex" aka. Bruce...or whatever the heck your name is...
I couldn't give a crap about your past but the allegations on you is wild as hell so I wouldn't exactly trust you with my business now...not even with a 10 foot pole...
...but, I do appreciate your posts when your on the topic in hand. Some are quite informative for me. You search in great places for the latest news.

I do have a few suggestions however...
1. Maybe you wouldn't get bashed as much if you would stop acting like an infomercial to your standard of trading.
2. Speaking of your trading standard, I've carefully read a lot of your posts and came to the realization that you suggest how the market should react based on the cut and pasted news but you never state an actual position you'd take.
3. Once again, connecting with the previous...I see your trying to promote your style of trade by creating a contest, but as mentioned...you never really state your position.

Overall...stop sounding like an infomercial, show some actual positions you would take to prove yourself, and stop trying to erase/rectify this so called "bad reputation" you have on the links people...and you'll be fine.

Lets just all stick to the topic at hand, in this case EUR/USD...because, I really do depend on y'all to almost confirm my calls.

Just my 2 cents.

--------------------
Wow, just realizing this is my first post...yikes.

Ignored

This is my first post as well, but the only thing that is obvious to me here is that you have just done exactly what you are accusing people of doing. I am surprised to see your post ending with a long list of advice for Warren. I quite agree that the guy should be given a break, just as much as i agree that his posts can be patience testing.

#22,957
Aug 22, 2008 12:02pm Aug 22, 2008 12:02pm

Maarten999
| Joined Aug 2008 | Status: Trader | 224 Posts

I was planning to go long around 1.4773, and I thought, well lets just read what that guy at algnotes is suggesting. Guess what! The same entry point!

Just luck? Or superior entry ideas?