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  • #24,241
  • Aug 26, 2008 9:52pm Aug 26, 2008 9:52pm
The guys who post levels and trendline numbers and other price action type info etc are not the ones I am referring to.
  • #24,242
  • Aug 26, 2008 9:53pm Aug 26, 2008 9:53pm
Quoting oolides
whats all these blah,blah,blah dumping the US dollars.this is just a minor retracement preperatory for the big fall of the euro in the london session.
just say i told all you guys going long


Good luck with that. Ill take the longside if it the setup is there. Big fall in london will only make is a better long.
  • #24,243
  • Aug 26, 2008 9:55pm Aug 26, 2008 9:55pm
Quoting Tulip
i hope so, i still have the price in a down channel on the 1hr chart, if it breaks out of this on the up side then i will be confused
The direction of this pair is down.

The fundamentals and the techs all point to one thing.

Dollar strength.

Asian names have been buying because the believe the pair is due for a correction.

Mike
  • #24,244
  • Aug 26, 2008 9:56pm Aug 26, 2008 9:56pm
In the very near term i see this EUR/USD going up above the 1.4720 level since it broke the 4700 level strongly. (psyche level).

I see this current down-candle as a test before it eventually goes above the 4710 level.

During the London session it could be sold down I don't know. But I don't trade against the immediate trend (which in this case is up). If I get stopped out then I get stopped out. Then I wait for another opportunity.

Currently I am playing with psyche levels. I like it so far.
  • #24,245
  • Aug 26, 2008 9:56pm Aug 26, 2008 9:56pm
hourly may end with tweezer tops...

which would indicate sell..
Attached Image
  • #24,246
  • Aug 26, 2008 9:58pm Aug 26, 2008 9:58pm
Quoting Tulip
hey suntrader, you in long or waiting for a short oppertunity like me?
Tulip you are back!!!

i was asking for your release the whole night / day !!!
  • #24,247
  • Aug 26, 2008 10:02pm Aug 26, 2008 10:02pm
Quoting trading801
Tulip you are back!!!

i was asking for your release the whole night / day !!!
LOL thanks dude, yeah im back, i was banned though i guess twee over rode bruce. anyway i have to stop dumping on bruce so i have blocked him to take away that temptation LOL
  • #24,248
  • Aug 26, 2008 10:04pm Aug 26, 2008 10:04pm
Quoting akirax
hourly may end with tweezer tops...

which would indicate sell..
yes right, although price has busted above the 700 mark you will notice the last 2 1hr candles have closed below 700
  • #24,249
  • Aug 26, 2008 10:05pm Aug 26, 2008 10:05pm
Quoting akirax
hourly may end with tweezer tops...

which would indicate sell..
either that or accelaration of trend
short term trend is up above 1.466 anyway
  • #24,250
  • Aug 26, 2008 10:07pm Aug 26, 2008 10:07pm
Quoting Tulip
LOL thanks dude, yeah im back, i was banned though i guess twee over rode bruce. anyway i have to stop dumping on bruce so i have blocked him to take away that temptation LOL
Bruce is not back, yet! Although down below he lurks.
  • #24,251
  • Aug 26, 2008 10:09pm Aug 26, 2008 10:09pm
i shouldn'thave woken up.now i am in a loss trade going short instead of sleeping.
  • #24,252
  • Aug 26, 2008 10:11pm Aug 26, 2008 10:11pm
Quoting oolides
i shouldn'thave woken up.now i am in a loss trade going short instead of sleeping.
at what price did you go short?
  • #24,253
  • Aug 26, 2008 10:11pm Aug 26, 2008 10:11pm
Quoting SunTrader
Bruce is not back, yet! Although down below he lurks.
LOL
  • #24,254
  • Aug 26, 2008 10:12pm Aug 26, 2008 10:12pm
yah wat is your short and SL?
  • #24,255
  • Aug 26, 2008 10:19pm Aug 26, 2008 10:19pm
Quoting Tulip
hey suntrader, you in long or waiting for a short oppertunity like me?
Sorry forgot to never answer this.

I am still short but watching closely. When to cover but not yet ready to go long. I look for more than 20 pip scalps that are the qucik way to the poor house.
  • #24,256
  • Aug 26, 2008 10:21pm Aug 26, 2008 10:21pm
short at 1.4692.stop loss 30 pips.didn't want to lose a dime today.jumped in too early
  • #24,257
  • Aug 26, 2008 10:22pm Aug 26, 2008 10:22pm
Quoting oolides
short at 1.4692.stop loss 30 pips.didn't want to lose a dime today.jumped in too early


You jumped in to early and in the wrong direction. Plus stop loss not big enough.
  • #24,258
  • Aug 26, 2008 10:25pm Aug 26, 2008 10:25pm
Quoting oolides
short at 1.4692.stop loss 30 pips.didn't want to lose a dime today.jumped in too early
i think you will get a chance to break even, or close to it, i would hang onto it for now
  • #24,259
  • Aug 26, 2008 10:25pm Aug 26, 2008 10:25pm
Quoting z astronaut
either that or accelaration of trend
short term trend is up above 1.466 anyway
tweezer tops being tested as accerlation occurred soon after the close.

tweezer tops look to be negated...
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  • #24,260
  • Aug 26, 2008 10:28pm Aug 26, 2008 10:28pm
sigh.. you have the same problem as me? trigger happy?

LOL

anyway to my dear bros..

i shorted @ 1.4710 SL my style, 100 PIPS


hahahahahaahah
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