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  • #33,761
  • Sep 24, 2008 2:16pm Sep 24, 2008 2:16pm
why paulson has the finger of the left hand bent all the time? lol.... maybe is like a sign of crossing fingers... lol
  • #33,762
  • Sep 24, 2008 2:16pm Sep 24, 2008 2:16pm
Quoting cobraforex
An H$S and other reversal pattern are valued only at the very top or bottom of waves, this one I don’t see as valued.

I’M NOT TALKING ABOUT THE SHAMPOO !!!

That doesn’t mean that PA could not break the actual range, only thing that makes me more and more thinking of taking a long is that as longer as PA is sitting on a support as better the chance that it will bounce back from it.
I suspect I'm heavier than Acumen, and the longer I sit on a support the better the chance that I'm gonna break thru it. Don't know if a correlation can be drawn between me and the market, but I'm still short.
Up or down, gimme a ticket
  • #33,763
  • Sep 24, 2008 2:17pm Sep 24, 2008 2:17pm
the EU has it own issues yes, but the effect this 700 billion help-package will have on the USD will make EUR gain a lot. my view is that we will see it towards 1.50 again.

edit: 1.50, short term that is. long term effect may make it reach for 2.00
  • #33,764
  • Sep 24, 2008 2:20pm Sep 24, 2008 2:20pm
Quoting SpecialEd
I suspect I'm heavier than Acumen, and the longer I sit on a support the better the chance that I'm gonna break thru it. Don't know if a correlation can be drawn between me and the market, but I'm still short.
LOL short it is
  • #33,765
  • Sep 24, 2008 2:22pm Sep 24, 2008 2:22pm
Quoting SpecialEd
I suspect I'm heavier than Acumen, and the longer I sit on a support the better the chance that I'm gonna break thru it. Don't know if a correlation can be drawn between me and the market, but I'm still short.
If you as a person are still short there is no chance that you get long but the PA can, lol
  • #33,766
  • Sep 24, 2008 2:23pm Sep 24, 2008 2:23pm
Quoting JuniorTrader
the EU has it own issues yes, but the effect this 700 billion help-package will have on the USD will make EUR gain a lot. my view is that we will see it towards 1.50 again.

edit: 1.50, short term that is. long term effect may make it reach for 2.00

the target of this flag... 4h chart.. is 1.5340
  • #33,767
  • Sep 24, 2008 2:31pm Sep 24, 2008 2:31pm
Quoting cobraforex
If you as a person are still short there is no chance that you get long but the PA can, lol
Nope, I shop the big and tall section, and always have. Used to be for the tall; now it's for both. Regarding my position, I have ONLY 1 short outstanding. I executed it 9/23/1753gmt - went short from 1.4633. Have been all over the map, and would love to get rid of it, but as they say, I don't wanna just "give it away". I'm at -9 presently, and I have not seen anything in the past 4-6 hours that would make me give it up (ok, maybe Algirdas' latest "retresment" post). My t/p is 1.4550, but I'll settle for 4600.

Let's make some money in forex, work it hard, but not take it or ourselves so seriously that we can't have some fun!
Up or down, gimme a ticket
  • #33,768
  • Sep 24, 2008 2:32pm Sep 24, 2008 2:32pm
Quoting JuniorTrader
the EU has it own issues yes, but the effect this 700 billion help-package will have on the USD will make EUR gain a lot. my view is that we will see it towards 1.50 again.

edit: 1.50, short term that is. long term effect may make it reach for 2.00
Looks like we have something in common, I less extreme.
  • #33,769
  • Sep 24, 2008 2:33pm Sep 24, 2008 2:33pm
Is this a head&shoulders pattern formed on the H1 chart?
  • #33,770
  • Sep 24, 2008 2:34pm Sep 24, 2008 2:34pm
Quoting cobraforex
Looks like we have something in common, I less extreme.
i donno cobra but think about this. on sunday the euro had the biggest one day gain in history versus the dollar. this was on the rumor of the bailout plan. since then the euro has not been able to gain one pip extra and this plan is getting more and more real. im bearish
Different opinions highly valued, ignorant to slander.
  • #33,771
  • Sep 24, 2008 2:39pm Sep 24, 2008 2:39pm
dive! dive! dive!!! broke through the 1.465 support.
  • #33,772
  • Sep 24, 2008 2:41pm Sep 24, 2008 2:41pm
Though not enough time to trades today nor expecting good shorts . however still all & still in shorts only & waitng for BIG shorts anytime in near future.
The gold down slowly I see .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #33,773
  • Sep 24, 2008 2:41pm Sep 24, 2008 2:41pm
Short at 1.4640, Target : 1.4600 (next fib level). Hope it keeps going down like this
  • #33,774
  • Sep 24, 2008 2:42pm Sep 24, 2008 2:42pm
Quoting emda
the target of this flag... 4h chart.. is 1.5340
As much as I hate high euro (I have export business myself and SUFFER greatly under low USD), I do believe EUR will go up rather soon then later.

Too many problems in USA, too many ppl switch to EUR due to low USD (Even more and more Chinese producers are not selling for USD anymore, its only EUR).

On a positive note, the high EUR moved me to look around myself for potential customers, and there are plenty It's just that we where US oriented since the start and now have to switch.
  • #33,775
  • Sep 24, 2008 2:42pm Sep 24, 2008 2:42pm
Quoting psiholog
i donno cobra but think about this. on sunday the euro had the biggest one day gain in history versus the dollar. this was on the rumor of the bailout plan. since then the euro has not been able to gain one pip extra and this plan is getting more and more real. im bearish
You are right PSI, I didn't refere to the short term, I don't have any bias at the moment and will trade again when the range is broken, no important to what side.
  • #33,776
  • Sep 24, 2008 2:42pm Sep 24, 2008 2:42pm
Quoting mtarek16
Short at 1.4640, Target : 1.4600 (next fib level). Hope it keeps going down like this
you and me both. I have some ground to gain.
  • #33,777
  • Sep 24, 2008 2:43pm Sep 24, 2008 2:43pm
For SpecialEd,

That 30 min is now really starting to look like a H&S
Looks like support has been punctured.

Jim
  • #33,778
  • Sep 24, 2008 2:46pm Sep 24, 2008 2:46pm
Quoting Foreyes
For SpecialEd,

That 30 min is now really starting to look like a H&S
Looks like support has been punctured.

Jim
Hello Jim. It's a bit of a sloppy one, but I do agree. I have changed my TP to 1.4570, with a 45-PIP TSL though. That is based on how I see the channel, with a little conservatism built in. Now at +3.
Up or down, gimme a ticket
  • #33,779
  • Sep 24, 2008 2:47pm Sep 24, 2008 2:47pm
short since 4705...next target will be somewhere around 4593
  • #33,780
  • Sep 24, 2008 2:49pm Sep 24, 2008 2:49pm
This thing moves better when I don't watch.
Up or down, gimme a ticket
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