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  • #36,001
  • Oct 2, 2008 2:28am Oct 2, 2008 2:28am
Quoting traderathome
Actual low of 1.3898. Now, will it proceed further into the 1.3880s?

The range is still only 134, not much relative to average. The longer term trend is down, so you'd think now that the Euro traders have it dropping, there would be more to come.

already hovering around 1.3880. hmm .. up or down. hmm

EDIT: closing in on S2. dont know if we're going to punch through or go for a retractment.
  • #36,002
  • Oct 2, 2008 2:31am Oct 2, 2008 2:31am
Quoting kasper
already hovering around 1.3880. hmm .. up or down. hmm
Looks like south...
  • #36,003
  • Oct 2, 2008 2:32am Oct 2, 2008 2:32am
I just wait for close the bar :

Why I cant attach image?

http://picasaweb.google.com/michal.k...55872011799202
http://picasaweb.google.com/michal.k...55872011799202
  • #36,004
  • Oct 2, 2008 2:32am Oct 2, 2008 2:32am
Quoting megaqujik
I just wait for close the bar :

http://picasaweb.google.com/michal.k...55872011799202
which chart. 4hr? or 1hr?

doesnt want to break 1.388 anymore. anyone have a parachute I can borrow?
  • #36,005
  • Oct 2, 2008 2:36am Oct 2, 2008 2:36am
Next target = 1.3838
  • #36,006
  • Oct 2, 2008 2:40am Oct 2, 2008 2:40am
pepole here..Bounce @ which point may heppen.. any body know?
Never sell @ lower upward channel unless breacked and vise versa .
  • #36,007
  • Oct 2, 2008 2:45am Oct 2, 2008 2:45am
i have one positon at 1.41060 ( LONG ) ..it cost me now -$1180 ..

do u think the price will bounc ..know .. or countinue .. (
Never sell @ lower upward channel unless breacked and vise versa .
  • #36,008
  • Oct 2, 2008 2:48am Oct 2, 2008 2:48am
I think it is big chance to bounce up:
We're at resistance now:

http://picasaweb.google.com/michal.k...55872011799202
  • #36,009
  • Oct 2, 2008 2:49am Oct 2, 2008 2:49am
Quoting WedWed
i have one positon at 1.41060 ( LONG ) ..it cost me now -$1180 ..

do u think the price will bounc ..know .. or countinue .. (

The low is 1.3855, so far. But it was not accompanied by high volume. Also, I would expect another run down to it before any trend reversal to the upside. It may represent the bottom for this session. It might not. But if it does, another strike in that area is likely before things turn around for a solid move up. Just an opinion.
  • #36,010
  • Oct 2, 2008 2:49am Oct 2, 2008 2:49am
Quoting WedWed
i have one positon at 1.41060 ( LONG ) ..it cost me now -$1180 ..

do u think the price will bounc ..know .. or countinue .. (

long-term trendline is perilously close to being broken so holding your long is risky, any further fall could be very steep. I'd cut your losses if I were you but you have to make your own decisions and be wary of what is said on bulletin-boards.
TRADE FOR SWAP
  • #36,011
  • Oct 2, 2008 2:52am Oct 2, 2008 2:52am
Quoting megaqujik
I think it is big chance to bounce up:
Me too as I said above on this page. I bought heavy, stops at 1.369. Don't like trading mid-term but this just looks too good to pass on and very profitable potentially. I'll tp just below 1.47 and watch the break of the green line on my chart and 1.49 for a potential smaller buy on the neck-line break.
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On the path to Enrichment.
  • #36,012
  • Oct 2, 2008 2:54am Oct 2, 2008 2:54am
i'm short biased, unless this pair closes above 1.39. but definately a lot of resistance around 1.388
  • #36,013
  • Oct 2, 2008 2:55am Oct 2, 2008 2:55am
So there's no chance we're in EW2 right know?
  • #36,014
  • Oct 2, 2008 2:56am Oct 2, 2008 2:56am
a hammer formed earlier on the 15mins chart. does that count for a reversal?
  • #36,015
  • Oct 2, 2008 2:57am Oct 2, 2008 2:57am
Quoting traderathome
The low is 1.3855, so far. But it was not accompanied by high volume. Also, I would expect another run down to it before any trend reversal to the upside. It may represent the bottom for this session. It might not. But if it does, another strike in that area is likely before things turn around for a solid move up. Just an opinion.

Thans For help
Never sell @ lower upward channel unless breacked and vise versa .
  • #36,016
  • Oct 2, 2008 2:59am Oct 2, 2008 2:59am
Quoting kasper
i'm short biased, unless this pair closes above 1.39. but definately a lot of resistance around 1.388
I was short but just cashed out at 1,3890(afraid of the bounce).
Only trade part time so i have to got to my ordinary "work". So i put in an entry order at 1,3920 with a long bias.....
  • #36,017
  • Oct 2, 2008 3:00am Oct 2, 2008 3:00am
Quoting bayoor
a bullish candle formed on the 15mins chart. does that matter for a reversal?
bullish candle? i'm currently looking at a candle that's fluctuating but is in the red right now.
  • #36,018
  • Oct 2, 2008 3:00am Oct 2, 2008 3:00am
Quoting cgldsmth
long-term trendline is perilously close to being broken so holding your long is risky, any further fall could be very steep. I'd cut your losses if I were you but you have to make your own decisions and be wary of what is said on bulletin-boards.

thank for help ..
Never sell @ lower upward channel unless breacked and vise versa .
  • #36,019
  • Oct 2, 2008 3:05am Oct 2, 2008 3:05am
I heard the bailout have been accepted!! What possibly can make EUR/USD go up now? I think we are so down and I consider closing mu long while it is stil not abig loss, damn
  • #36,020
  • Oct 2, 2008 3:06am Oct 2, 2008 3:06am
Quoting kasper
bullish candle? i'm currently looking at a candle that's fluctuating but is in the red right now.
A hammer foremd and it is a reversal pattern. the low of the candle is .3855. i was asking if its a reversal sign and confirmation to go long. its confirmed to me already by price and i did not enter.
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