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EURUSD

  • #26,341
  • Sep 2, 2008 7:28am Sep 2, 2008 7:28am
I see reversal

EUR/USD Buy near 1.4483 Target 1.4575
GBP/USD Buy near 1.7799 Target 1.7941

USD/JPY Sell near 109.21 Target 108.47
USD/CHF Sell near 1.1125 Target 1.1047
{Promotion Removed}
  • #26,342
  • Sep 2, 2008 7:30am Sep 2, 2008 7:30am
Whopp is going to load the boat with me. I am going to go short with today'sthe low as my immediate target and 1.4370 my thursday target.

Do not blindly follow my actions. I am responsible for my actions
  • #26,343
  • Edited 7:56am Sep 2, 2008 7:30am | Edited 7:56am
Quoting SunTrader
Everyone knows how much Crude is affecting euro these days.
This was coming up last week in MNI, may be it helps, I don't know how much value to put on it:
8/28/2008 3:20:15 AM

CRUDE OIL
Wires report comment from U.A.E central...

CRUDE OIL: Wires report comment from U.A.E central bank governor
Al-Suwaidi saying oil prices to fall to a range between $60-80/barrel as
economy slows.

ADD: I wanna say with this that if it's true there is still plenty of room to play with.
Anyhow the moves of oil are huge today.
The support lines are very narrow and the moves parralel.
  • #26,344
  • Sep 2, 2008 7:32am Sep 2, 2008 7:32am
Quoting trading801
Just Go To 1.47 Already
how is it going over there.hope you are happy now.just a little more push and all long would be liquidated.
  • #26,345
  • Sep 2, 2008 7:34am Sep 2, 2008 7:34am
seen a bearish engulfing on 5M TF lets see if it goes down 20 pips from here
  • #26,346
  • Sep 2, 2008 7:40am Sep 2, 2008 7:40am
Can you tell us how you see reversal?
  • #26,347
  • Sep 2, 2008 7:42am Sep 2, 2008 7:42am
Quoting IRISH37
Can you tell us how you see reversal?
Sorry-that was for Algirdas.
  • #26,348
  • Sep 2, 2008 7:43am Sep 2, 2008 7:43am
Quoting oolides
how is it going over there.hope you are happy now.just a little more push and all long would be liquidated.

oolides it will be a lucky escape for me.. the god of pips

lets cross fingers..

how r things on your side.. what position u have my bro
  • #26,349
  • Sep 2, 2008 7:49am Sep 2, 2008 7:49am
i can see a reversal on my 5min and 15minutes chat right this moment
  • #26,350
  • Sep 2, 2008 7:51am Sep 2, 2008 7:51am
it seem to have stoppeD
  • #26,351
  • Sep 2, 2008 7:51am Sep 2, 2008 7:51am
i'l wait for a confirmation b4 taking any position
  • #26,352
  • Sep 2, 2008 7:53am Sep 2, 2008 7:53am
just took 10pips on that.lol
  • #26,353
  • Sep 2, 2008 7:53am Sep 2, 2008 7:53am
Quoting trading801
it seem to have stoppeD
Because so has Crude.

Although Crude is around a prior resistance level that might now be support.
  • #26,354
  • Sep 2, 2008 7:57am Sep 2, 2008 7:57am
In fact earlier today Crude hit the weekly S3 level. All before midweek.

So it may have stopped its drop for a few days. Maybe.
  • #26,355
  • Sep 2, 2008 7:59am Sep 2, 2008 7:59am
that was close luckly was able to close all my long from 1.4490 to 1.4545
  • #26,356
  • Sep 2, 2008 8:06am Sep 2, 2008 8:06am
I love this rollercoaster. It is like GDP few days ago, going on Euro side for a while and then correction, the real direction. Go USD.
  • #26,357
  • Sep 2, 2008 8:09am Sep 2, 2008 8:09am
Quoting trading801
oolides it will be a lucky escape for me.. the god of pips

lets cross fingers..

how r things on your side.. what position u have my bro
hmmmmmmmmmm.well i am praying.need 200pips long to liquidate my position.i dont think thats possible today anywayz.maybe tomorrow.i ll be patient
  • #26,358
  • Sep 2, 2008 8:12am Sep 2, 2008 8:12am
Quoting bksujal
seen a bearish engulfing on 5M TF lets see if it goes down 20 pips from here
target achieved
  • #26,359
  • Sep 2, 2008 8:29am Sep 2, 2008 8:29am
wats up at 1.4540 .. it always hits there and retreat
  • #26,360
  • Sep 2, 2008 8:40am Sep 2, 2008 8:40am
Tomorrow Mr Trichet, and on friday NFP. Should be very volatile market at the end of the week.
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