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  • #23,481
  • Aug 25, 2008 6:38am Aug 25, 2008 6:38am
http://fxtrade.oanda.com/resources/4...ent/PUN01.html


Bruce
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  • #23,482
  • Aug 25, 2008 6:40am Aug 25, 2008 6:40am
Quoting trading801
countdown to 10

hope its very good home sales

I think the numbers will be bad, but I still don't think the EUR has legs to run up to 4850 today. Just my two cents.

I plan to be flat on the news.
  • #23,483
  • Aug 25, 2008 6:41am Aug 25, 2008 6:41am
Quoting SunTrader
Going against the trend ??? It is always a matter of timeframe. The trend for the last year has been up, but not the trend for the last month.
i agree ...i'm not speaking on the weekly/monthy trend so far that startn to look short for the long term...but more so the daily (intraday) trading appears bullish.

yes our perspectives could be different
  • #23,484
  • Aug 25, 2008 6:46am Aug 25, 2008 6:46am
scary..

the prices inches up and up..

so worry that the news come.. POP up 50 pips lol
  • #23,485
  • Aug 25, 2008 6:50am Aug 25, 2008 6:50am
The Existing Home Sales Will Be Important This Morning If Over or Under Consensus !!!

Please Watch How The Markets React to the News as well...

See if EUR/USD can BREAK 1.4805 Watch USD/JPY to see if it breaks 109.50

Markets are fragile and Nerves are Frayed !!! Convention Today ... Russia is not amused with Nato Opec wants Prices Up again and might Cut so we have lots to watch other than the Up and Down on the Charts ...

Bruce
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  • #23,486
  • Aug 25, 2008 6:51am Aug 25, 2008 6:51am
Quoting mxb
i agree ...i'm not speaking on the weekly/monthy trend so far that startn to look short for the long term...but more so the daily (intraday) trading appears bullish.

yes our perspectives could be different
No, not perspectives. The actually trend. Since 7/15/08 down 1400 pips, since 8/19/08 up 165 pips. If that makes an uptrend to you then OK. To me the numbers, not my perspective say down until and if it moves back up more than a measly 12%.
  • #23,487
  • Aug 25, 2008 6:52am Aug 25, 2008 6:52am
Hopefuly it is coming back from the long(short) journey, I am still waiting with long at 1.4879
Jesus Christ is my only Lord !
  • #23,488
  • Aug 25, 2008 6:53am Aug 25, 2008 6:53am
Quoting Warren Forex
The Existing Home Sales Will Be Important This Morning If Over or Under Consensus !!!

Please Watch How The Markets React to the News as well...

See if EUR/USD can BREAK 1.4805 Watch USD/JPY to see if it breaks 109.50

Markets are fragile and Nerves are Frayed !!! Convention Today ... Russia is not amused with Nato Opec wants Prices Up again and might Cut so we have lots to watch other than the Up and Down on the Charts ...

Bruce
My thoughts exactly...

Seems like the street is not convinced the home sales will be good.
EURUSD on the 1.4800 mark before the announcement. Expecting a big run based on news.
  • #23,489
  • Aug 25, 2008 6:54am Aug 25, 2008 6:54am
5 MORE MINS
  • #23,490
  • Aug 25, 2008 6:56am Aug 25, 2008 6:56am
13:32 USD/JPY: Equity Futures Drag Buck Down With Them New York, August 25th. With US equity futures trading off 0.5% ahead of what is widely expected to be a weak session, with rumours of an internal coup brewing at Lehman, and more rumours of dismal Q3 results; USD/JPY is being dragged down with them. USD/JPY has slipped back to 109.75; looks less than impressive. Oversold hourly Bollingers at 109.56/71 have held the pair in its tracks, and the top of the Ichimoku cloud is at 109.20, which would imply oversold Bollingers with a 5.0 reading vs the standard 2.0; and would be the first time since July 11th the hourlies had been so stretched - a situation that reversed itself within two hours. This therefore represents pretty formidable support and suggests a buy dips strategy if only to pare back shorts. Short term momentum traders are looking to fade a rally to the top of the normal distribution channel at 109.85 and the 24-hr M/A at 110.00. [email protected] /rd
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  • #23,491
  • Aug 25, 2008 6:57am Aug 25, 2008 6:57am
SHORT FROM 4802
  • #23,492
  • Aug 25, 2008 6:57am Aug 25, 2008 6:57am
I'll stick with the charts, thank you very much.
  • #23,493
  • Aug 25, 2008 6:59am Aug 25, 2008 6:59am
Prepare your stop losses people, this should be a good one!
  • #23,494
  • Aug 25, 2008 7:00am Aug 25, 2008 7:00am
It was 486,000 Last Month ... Now It Is Better ... But Inventory Rose
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  • #23,495
  • Aug 25, 2008 7:00am Aug 25, 2008 7:00am
YES YES YES

5.00M
  • #23,496
  • Aug 25, 2008 7:01am Aug 25, 2008 7:01am
Quoting trading801
YES YES YES

5.00M
LOLOL
  • #23,497
  • Aug 25, 2008 7:02am Aug 25, 2008 7:02am
Yes now do the shorts without any charts to see .
best of your luck.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #23,498
  • Aug 25, 2008 7:02am Aug 25, 2008 7:02am
or weeks
Jesus Christ is my only Lord !
  • #23,499
  • Aug 25, 2008 7:02am Aug 25, 2008 7:02am
Quoting SunTrader
No, not perspectives. The actually trend. Since 7/15/08 down 1400 pips, since 8/19/08 up 165 pips. If that makes an uptrend to you then OK. To me the numbers, not my perspective say down until and if it moves back up more than a measly 12%.
chill dude we on the same page (lets not argue over choice of words)...im very aware of the trends 7/15....8/19...

good luck shorting today
  • #23,500
  • Aug 25, 2008 7:03am Aug 25, 2008 7:03am
Quoting seesaw
LOLOL
this comes from a desperate guy of -160 pips.. LOL

i hope this is enough to kick start a short
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