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EURUSD

  • #29,001
  • Sep 10, 2008 10:28am Sep 10, 2008 10:28am
Almost time to buy the e/u please go down
  • #29,002
  • Sep 10, 2008 10:28am Sep 10, 2008 10:28am
I Maintain My Shorts Even If I Sink Like The Titanic
  • #29,003
  • Sep 10, 2008 10:31am Sep 10, 2008 10:31am
Quoting trading801
I Maintain My Shorts Even If I Sink Like The Titanic
I'm long and I refuse to hit that iceburg
  • #29,004
  • Sep 10, 2008 10:32am Sep 10, 2008 10:32am
Quoting SunTrader
Late yesterday posted this 240min chart shows expected EW target zones for a completion of wave 5 of 5.

Still think we need to go at least somewhere into first box - minimum. Maybe the typical and who knows maybe even the maximum zone.
I.m counting with a resistance in the 00 area and think it might need another short term wave to break 1.4000.

Will get stinky fingers Catching the buttom) in that area
  • #29,005
  • Sep 10, 2008 10:34am Sep 10, 2008 10:34am
Quoting SpecialEd
... Ever wonder why we don't hear much or anything from experts like ShadowFX and Jurassic any more...those guys move on. What happens then? No good advice. No hot tips.

Acumen, AK4X and Algirdas are the next wave? Let's hope not!
I agree!! When the old heads split, everyone's the loser, and I'm certainly not looking for a fan club. Sounds like I got sideways with you somehow, not aware of how, but let me apologize in advance for whatever it was.
Quoting ak4x
...no worries. In fact, I've reset several of my TP's to the new S1 for today. I've been scalpin this last retracement all the way back down. Ho-hum.
Targets hit, sidelined on shorts for now, except for a limit long hit at S1 for ride back to M2 (4084) area sometime today... Added to that long at 4020, and have another limit buy at M1 if it gets there.

Safe trades all.
Attached Image
FUBAR...
  • #29,006
  • Sep 10, 2008 10:34am Sep 10, 2008 10:34am
Quoting mikkom
Stopped again. Fortunately I had very tight sl's. I should never try to pick bottoms, they are so dangerous but the support looked so good...

Looks like oil might go to 100 today.
Watch - I think $100 is just a stopover.

And then if it goes lower everyone will say "but I thought OPEC would support it, why did it go down more".
  • #29,007
  • Sep 10, 2008 10:36am Sep 10, 2008 10:36am
waiting to see if the LHC blows the world or not.. lol.. to go long or short...
  • #29,008
  • Sep 10, 2008 10:37am Sep 10, 2008 10:37am
EU still very bearish, will it break the 4000 level, hasn't been that low since last Sept.
  • #29,009
  • Sep 10, 2008 10:48am Sep 10, 2008 10:48am
Quoting greywolf238
EU still very bearish, will it break the 4000 level, hasn't been that low since last Sept.
Hi greywolf, I was reading the entire Jacko thread a while ago.
How are you guys trading?
Do you go actually on shorts at that method or still waiting for a new long trend?
Thanks in advance
  • #29,010
  • Sep 10, 2008 10:54am Sep 10, 2008 10:54am
How's gonna win!!!!
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  • #29,011
  • Sep 10, 2008 10:57am Sep 10, 2008 10:57am
Think we'll see 3950 today?
  • #29,012
  • Sep 10, 2008 11:02am Sep 10, 2008 11:02am
If this H1 close above 1,4038 and USDCHF close below 1,1347 then I'll go long on EURUSD.
  • #29,013
  • Sep 10, 2008 11:03am Sep 10, 2008 11:03am
Now itīs time to buy, guys!

Go..go..go...and success!
  • #29,014
  • Sep 10, 2008 11:04am Sep 10, 2008 11:04am
I still think the oil will go up and therefore EURUSD too. Opec and lower supplies just can't be wrong.
  • #29,015
  • Sep 10, 2008 11:04am Sep 10, 2008 11:04am
As 1.4000 is a critical support and psychological level, I am inclined to believe that there will be many major stops under that.

So watch out for a clean sweep all the way to 1.3930 levels if this support breaks.
  • #29,016
  • Sep 10, 2008 11:06am Sep 10, 2008 11:06am
1.40 could be a tough break without a rebound;
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #29,017
  • Sep 10, 2008 11:18am Sep 10, 2008 11:18am
Quoting CafeTrader
As 1.4000 is a critical support and psychological level, I am inclined to believe that there will be many major stops under that.

So watch out for a clean sweep all the way to 1.3930 levels if this support breaks.
Mostly agree with that, but be cautious. It pretty much blew thru the 40 level w/o slowing down on the way up, and I would expect that when the big dogs finally drop this thru, it'll be even more brutal.

The flip side is they can clean up on headfakes for awhile by taking out the stops above 40 on beartraps. It's an ugly scenario either way... and I'm not talking about us retail crumb snatchers either.

I may take the rest of the week off after today... and re-enter at 3900 or lower, or 4100 or higher...
FUBAR...
  • #29,018
  • Sep 10, 2008 11:25am Sep 10, 2008 11:25am
I think this pics tells all about how easy it's guess where the oil is going next - almost impossible.

(yes the trend is down but fundamentals say up)
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  • #29,019
  • Sep 10, 2008 11:41am Sep 10, 2008 11:41am
Quoting 5ysfx
green channel still valid
You must've meant the blue channel there mate, or maybe the white..
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On the path to Enrichment.
  • #29,020
  • Sep 10, 2008 11:46am Sep 10, 2008 11:46am
US$ index right under 80.00
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