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EURUSD

  • #26,321
  • Sep 2, 2008 9:08am Sep 2, 2008 9:08am
Quoting kasper
lol. i think it might be a while until we get there. if it breaks S1 .. you might have a chance.
pardon me.. am new to the pivot theory..can you estimate..


how accuarte is this theory usually? 50%?
  • #26,322
  • Sep 2, 2008 9:09am Sep 2, 2008 9:09am
Quoting Algirdas
for now it is,,,,,,,keep eye on BLOG or this Forum,,,,,,,,,,if I'll see some changes , I'll let you know.
another hand, i'll be of for 3h since now.
My Frind Algirdas

i have already keep one eye on your Blog and otner eye in this forum..
just to cautch your gold Data

Big thanks to you
Never sell @ lower upward channel unless breacked and vise versa .
  • #26,323
  • Sep 2, 2008 9:09am Sep 2, 2008 9:09am
Quoting trading801
Just Go To 1.47 Already
I see we have embarked on different boats today. Hope it works for ya!! but then again I also hope it comes down. lol
  • #26,324
  • Sep 2, 2008 9:09am Sep 2, 2008 9:09am
Everyone knows how much Crude is affecting euro these days.

Well it is almost $3/barrel off the lows of the day so expect a bounce in EU. But not much more than that. The trend will resume at some point and down we will go further.

So anyone long should take the opportunity to get out when they can, otherwise the losses will only get bigger.
  • #26,325
  • Sep 2, 2008 9:10am Sep 2, 2008 9:10am
Quoting trading801
pardon me.. am new to the pivot theory..can you estimate..


how accuarte is this theory usually? 50%?
i'm too new to forex to be able to tell you. if you looked at the chart [5M] you would see that it tried to break it at about 5am and 8am and didnt succeed.

that's as far as i'll comment. I dont believe my analysis on the charts is good enough to post here.
  • #26,326
  • Sep 2, 2008 9:10am Sep 2, 2008 9:10am
Quoting kamala
I see we have embarked on different boats today. Hope it works for ya!! but then again I also hope it comes down. lol

kamala bro.. my boat is leaking so far..


all the best!!!
  • #26,327
  • Sep 2, 2008 9:11am Sep 2, 2008 9:11am
Quoting kasper
i'm too new to forex to be able to tell you. if you looked at the chart [5M] you would see that it tried to break it at about 5am and 8am and didnt succeed.

that's as far as i'll comment. I dont believe my analysis on the charts is good enough to post here.

wats the value.. btw pivot is based on previous day high low and wat ever right
  • #26,328
  • Sep 2, 2008 9:11am Sep 2, 2008 9:11am
I'm long now
  • #26,329
  • Sep 2, 2008 9:13am Sep 2, 2008 9:13am
Quoting SunTrader
Everyone knows how much Crude is affecting euro these days.

Well it is almost $3/barrel off the lows of the day so expect a bounce in EU. But not much more than that. The trend will resume at some point and down we will go further.

So anyone long should take the opportunity to get out when they can, otherwise the losses will only get bigger.
I knew someone would weigh in with a modicum of common sense.
  • #26,330
  • Sep 2, 2008 9:14am Sep 2, 2008 9:14am
Quoting trading801
kamala bro.. my boat is leaking so far..


all the best!!!
Man I really wish I had a plug for you, but I need to keep mine in case it starts to sink I have learned to put sl so I'm not so worried.
  • #26,331
  • Sep 2, 2008 9:14am Sep 2, 2008 9:14am
Quoting forex killer
I'm long now
Becarfull of Noise ..
Never sell @ lower upward channel unless breacked and vise versa .
  • #26,332
  • Sep 2, 2008 9:15am Sep 2, 2008 9:15am
oh bother
  • #26,333
  • Sep 2, 2008 9:15am Sep 2, 2008 9:15am
Quoting kamala
Man I really wish I had a plug for you, but I need to keep mine in case it starts to sink I have learned to put sl so I'm not so worried.
I HAVE NOT

lol
  • #26,334
  • Sep 2, 2008 9:16am Sep 2, 2008 9:16am
Quoting forex killer
I'm long now
hope you're looking to scalp some pips. I dont think this is a full reversal of the long term trend yet.
  • #26,335
  • Sep 2, 2008 9:18am Sep 2, 2008 9:18am
Quoting trading801
pardon me.. am new to the pivot theory..can you estimate..


how accuarte is this theory usually? 50%?
Like anything it takes some time to learn.

Pivots are used in almost every market.

Many floor traders use them exclusively.
  • #26,336
  • Sep 2, 2008 9:18am Sep 2, 2008 9:18am
Quoting trading801
I HAVE NOT

lol
Was that not the first thing you told me to do was to make sure i had a sl in place.lol
  • #26,337
  • Sep 2, 2008 9:22am Sep 2, 2008 9:22am
Quoting kasper
i dont like trading the news. too much risk involved.
It's a suckers game.

Wait until the news has been released and digested before taking a position.

Mike
  • #26,338
  • Sep 2, 2008 9:22am Sep 2, 2008 9:22am
Quoting kamala
Was that not the first thing you told me to do was to make sure i had a sl in place.lol

i was swayed to the dark side my jedi.. it is hard to fight
  • #26,339
  • Sep 2, 2008 9:22am Sep 2, 2008 9:22am
Looks like double bottom on M15 and it should go up at least to 1.4600.
  • #26,340
  • Sep 2, 2008 9:26am Sep 2, 2008 9:26am
Quoting acumen
I knew someone would weigh in with a modicum of common sense.
Acumen, with you again.

EURUSD is still going down. I'll sell when 5 minute RSI changes direction.
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