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  • #27,981
  • Sep 7, 2008 11:08pm Sep 7, 2008 11:08pm
Quoting 5ysfx
U mean me for instance.

Robin Hood: Men in Tights

Marvin said :

"Just follow my steps hm..."

We know what was next
Brilliant movie i love Mel Brooks sense of humour

I believe u are able to find sense in this simple metaphore
Here is one: If the shoe fits, wear it.

But no I was not singling out anyone in particular.

I too love Mel Brooks movies. Also I know you didn't say Robin Hood: Men in Tights was his best movie but I wouldn't rank it in even in the top five.
  • #27,982
  • Sep 7, 2008 11:10pm Sep 7, 2008 11:10pm
Quoting cobraforex
Yes, sorry I need to improve my english, I'm a little tired as well.
I understood your message as your chart shows, the 1.46 area, I settled my espectation a little less to the 1.4475 area before falling again but who knows?
Tired yes. I am too.

But my chart shows 1.4440 not 1.4600.
  • #27,983
  • Sep 7, 2008 11:15pm Sep 7, 2008 11:15pm
Quoting SunTrader
Tired yes. I am too.

But my chart shows 1.4440 not 1.4600.
Even worse, I didn't understand it at all (but thanks for the chart, is clear now) but we are riding the same horse. I will get some sleep before I mess the thread more.
  • #27,984
  • Sep 7, 2008 11:19pm Sep 7, 2008 11:19pm
Quoting TIckerShuffl
Over all worse shape? You think so??
Is EU going down from 1.4400? ... please confirm this so I get out of long fast.. damn!.. my fibonacci did not catch 1.4400 but caught 1.4600
  • #27,985
  • Sep 7, 2008 11:21pm Sep 7, 2008 11:21pm
Quoting SunTrader
Here is one: If the shoe fits, wear it.

But no I was not singling out anyone in particular.

I too love Mel Brooks movies. Also I know you didn't say Robin Hood: Men in Tights was his best movie but I wouldn't rank it in even in the top five.
Definetely agent 86 rocks

Back to the subject

euro is ready to drop
  • #27,986
  • Sep 7, 2008 11:24pm Sep 7, 2008 11:24pm
Quoting wh1zz0
Is EU going down from 1.4400? ... please confirm this so I get out of long fast.. damn!.. my fibonacci did not catch 1.4400 but caught 1.4600
Seems Asia has spent its EUR bullets for the timebeing as it's having a difficult time rallying from here.
Need a fresh lead from Europe. Who knows what they will do seeing it here?
Wouldnt say bail just yet but market on a cusp.
  • #27,987
  • Sep 7, 2008 11:25pm Sep 7, 2008 11:25pm
Quoting 5ysfx
Definetely agent 86 rocks

Back to the subject

euro is ready to drop

Do you think it will drop now or go up a little to 1.4600 before pulling back... what's your judgement please?
  • #27,988
  • Sep 7, 2008 11:25pm Sep 7, 2008 11:25pm
I am holding my short position, gap may not close entirely but my thoughts... it should come close.
  • #27,989
  • Sep 7, 2008 11:27pm Sep 7, 2008 11:27pm
Quoting 5ysfx
Definetely agent 86 rocks

Back to the subject

euro is ready to drop
Possible move for week 09/07/08

EUR/USD

1.4650 H
1.4150 L

244 for the week

250 pip divergence / 5 days = 50pip break


250 - 50 = 200 pip potential profit in place for this week
  • #27,990
  • Sep 7, 2008 11:31pm Sep 7, 2008 11:31pm
Quoting lasty
Seems Asia has spent its EUR bullets for the timebeing as it's having a difficult time rallying from here.
Need a fresh lead from Europe. Who knows what they will do seeing it here?
Wouldnt say bail just yet but market on a cusp.
Nice advice, thanks .. But at what price do you think would be suitable to bail .. it's almost closing in.
  • #27,991
  • Sep 7, 2008 11:37pm Sep 7, 2008 11:37pm
Quoting wh1zz0
Do you think it will drop now or go up a little to 1.4600 before pulling back... what's your judgement please?
All my opinions has been located in journal if u want to know it u need to read all.
Just follow the white rabbit and he will show u a magic world
  • #27,992
  • Sep 7, 2008 11:44pm Sep 7, 2008 11:44pm
Quoting wh1zz0
Nice advice, thanks .. But at what price do you think would be suitable to bail .. it's almost closing in.
1.4380 would be my exit...
GBP had a spit and EUR held up so the cards maybe on yourside today.
You can always lighten the load to give yourself a better chance.
  • #27,993
  • Sep 7, 2008 11:51pm Sep 7, 2008 11:51pm
Quoting lasty
Seems Asia has spent its EUR bullets for the timebeing as it's having a difficult time rallying from here.
Need a fresh lead from Europe. Who knows what they will do seeing it here?
Wouldnt say bail just yet but market on a cusp.

So glad I didn't bail
  • #27,994
  • Sep 8, 2008 12:16am Sep 8, 2008 12:16am
I use linear regression and Fibonacci retracements. This has been fairly accurate for me so far. Anyway, from my chart it looks likely that we will go down to the 4368 level. After that, who knows? I am not trading this. It is just my prediction based on the chart.
Attached Image
  • #27,995
  • Sep 8, 2008 12:24am Sep 8, 2008 12:24am
Quoting geojams
I use linear regression and Fibonacci retracements. This has been fairly accurate for me so far. Anyway, from my chart it looks likely that we will go down to the 4368 level. After that, who knows? I am not trading this. It is just my prediction based on the chart.
according to ur chart price should drop to 14320 area
  • #27,996
  • Sep 8, 2008 12:25am Sep 8, 2008 12:25am
The price tested the 3rd res lvl and 61.8 Fib several times but didn't push through. Im holding on to my short with tp @ 1.4327. Waiting for the EUR session.
  • #27,997
  • Sep 8, 2008 12:27am Sep 8, 2008 12:27am
Quoting 5ysfx
according to ur chart price should drop to 14320 area
That's close to my target
  • #27,998
  • Sep 8, 2008 12:30am Sep 8, 2008 12:30am
im holding on to a long position, since the market opened 23.6% fib retracement has held up well...my stop loss is just below that point
Different opinions highly valued, ignorant to slander.
  • #27,999
  • Sep 8, 2008 12:30am Sep 8, 2008 12:30am
Quoting 5ysfx
according to ur chart price should drop to 14320 area

If you go by the LRC median, then it is more like 4280 or so.
  • #28,000
  • Sep 8, 2008 12:34am Sep 8, 2008 12:34am
Europeans have had a tough time so far of late..
Eur/JPY they got hammered on the downrun and teeth ripped out on the uprun.. on top of that The Netherlands got beaten in the soccer by the Aussies.
Nasty moves all round
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