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EURUSD

  • #35,721
  • Oct 1, 2008 1:01pm Oct 1, 2008 1:01pm
i think around .4080 is a strong resistance for this up move. i'm looking for confirmation to short. anyone looking to short now? or what point is a short better
  • #35,722
  • Oct 1, 2008 1:02pm Oct 1, 2008 1:02pm
Quoting Danger
psiholog knows what he's talking about , but I'm almost at 200 pips for today scraping. Long from 1.3980, while everyone shorted. EUR still hasn't dip below 1.40, and I don't think it will..., at least not day.

I'm not a :nerd:, but I'm about to get some , baby!

I'm still though.
are you suggesting im a:nerd:?
Different opinions highly valued, ignorant to slander.
  • #35,723
  • Oct 1, 2008 1:02pm Oct 1, 2008 1:02pm
Quoting bayoor
i think around .4080 is a strong resistance for this up move. i'm looking for confirmation to short. anyone looking to short now? or what point is a short better
im looking to short at 1,4095...just below the 00 level and at the trendline roof.....
  • #35,724
  • Oct 1, 2008 1:04pm Oct 1, 2008 1:04pm
Quoting spathi
if they say yes on bailout. jpy cross and eu will up.

Please let us know..

is there news comming?? ..
Never sell @ lower upward channel unless breacked and vise versa .
  • #35,725
  • Oct 1, 2008 1:07pm Oct 1, 2008 1:07pm
1.4075 was early on support today so likely a resistance now?
  • #35,726
  • Oct 1, 2008 1:07pm Oct 1, 2008 1:07pm
4084 is 89 fib from todays f factor and 3974 is the 55
  • #35,727
  • Oct 1, 2008 1:08pm Oct 1, 2008 1:08pm
Quoting WedWed
Please let us know..

is there news comming?? ..
what are the odds for an upbreak?
  • #35,728
  • Oct 1, 2008 1:10pm Oct 1, 2008 1:10pm
Quoting kojak
what are the odds for an upbreak?
I see down more likely; waiting for confirmation signals
  • #35,729
  • Oct 1, 2008 1:13pm Oct 1, 2008 1:13pm
Quoting TradeWell
I see down more likely; waiting for confirmation signals
yes im also thinking down, will short if it reaches 1,4095
  • #35,730
  • Oct 1, 2008 1:13pm Oct 1, 2008 1:13pm
Quoting psiholog
are you suggesting im a:nerd:?
Oh no, I think you are . No fighting please. A ?

The Senate will surely approve the bailout package today, but the House on Friday is still a toss up. So can anyone tell me why they are think the EUR will drastically go below 1.40 before Friday?
Don't be afraid to challenge the pros, even in their own backyard.
  • #35,731
  • Oct 1, 2008 1:17pm Oct 1, 2008 1:17pm
how many hours from now until we know the senate vote?
  • #35,732
  • Oct 1, 2008 1:20pm Oct 1, 2008 1:20pm
Senate will vote at 1h30 later this morning (French Hour (GMT+1))
  • #35,733
  • Oct 1, 2008 1:21pm Oct 1, 2008 1:21pm
if bailout get a 'yes'..700bil usd will be 'printed' and floated to the market, hence this will weakens the usd greatly.. at the same time, the bailout news will push the stock market higher therefore yen crosses will go up.

so what i see if yes to bailout..eu long , gj ej long.
  • #35,734
  • Oct 1, 2008 1:23pm Oct 1, 2008 1:23pm
Quoting spathi
if bailout get a 'yes'..700bil usd will be 'printed' and floated to the market, hence this will weakens the usd greatly.. at the same time, the bailout news will push the stock market higher therefore yen crosses will go up.

so what i see if yes to bailout..eu long , gj ej long.
Which,indeed, was my initial thought. But did you see that huge spike up on Tuesday when the bill didn't pass? It did continue downward, but what was with the spike?
  • #35,735
  • Oct 1, 2008 1:25pm Oct 1, 2008 1:25pm
Quoting bayoor
i think around .4080 is a strong resistance for this up move.
I know it is. But why do you think so?

Don't usually post these low TF charts, becuz if I'm trading them, it's a lousy time to be posting, but this is an exception as it's a retracement entry point (where I took the opportunity to add to my other shorts) and not a scalp. That and I'm a little bored right now.
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FUBAR...
  • #35,736
  • Oct 1, 2008 1:27pm Oct 1, 2008 1:27pm
Quoting spathi
if bailout get a 'yes'..700bil usd will be 'printed' and floated to the market, hence this will weakens the usd greatly.. at the same time, the bailout news will push the stock market higher therefore yen crosses will go up.

so what i see if yes to bailout..eu long , gj ej long.

so.. time to buy EURJPY ?
  • #35,737
  • Oct 1, 2008 1:33pm Oct 1, 2008 1:33pm
Quoting emda
so.. time to buy EURJPY ?
i dunno..the news still another hour to go.. i'll wait.
  • #35,738
  • Oct 1, 2008 1:35pm Oct 1, 2008 1:35pm
If bailout goes usd will be more stronger than other currency
  • #35,739
  • Oct 1, 2008 1:36pm Oct 1, 2008 1:36pm
Quoting amit25shukla
If bailout goes usd will be more stronger than other currency
why?
  • #35,740
  • Oct 1, 2008 1:37pm Oct 1, 2008 1:37pm
Quoting Danger
psiholog knows what he's talking about , but I'm almost at 200 pips for today scraping. Long from 1.3980, while everyone shorted. EUR still hasn't dip below 1.40, and I don't think it will..., at least not day.

I'm not a :nerd:, but I'm about to get some , baby!

I'm still though.
That makes you lucky.

Gambling against the trend is a losing strategy.
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