EURUSD

Finally starting to look like sanity is starting to sink in. To overvalue the dollar so much looks like a real panic reaction. Let's go back to 1.55.

i really hope my opinions are just used as just that opinions...and do not affect anyones trading decisions

resistance been broken the 38.2% level...it has now become support
fibonacci says a trend is in between 23.6% and 61.8% so it may trend between those levels before the next big breakout.....i will be watching those levels now for my next move...still bearish bias until 1.3882 gets broken

Algirdas analysis, is scary sometimes. +/- 10 pips. that is ... if it turns down now.

Arrrgghhh yourself. It's been repeatedly said by several on this thread for weeks. Here's my posts to that effect, only cuz I know where they are. There are others as well, but you won't get any of this from a 1m chart.

Remember, every single one of the moves we've seen have been consistent with and contained within what you see on these and other charts on this thread. No one here is the fount of all 4x wisdom, but collectively, there's some good stuff to be found. You want to research and learn... the clues are all out there.

That's what I do. I turn over every stone of potential info I can find from all over the place, throw it in the cuisinart and see what comes out. You want a signal, then I don't know what to tell you.

I analyze short, mid, and long term, but I trade short to mid term intraday. If I have a trade running very long, it's probably unintentional and a product of price action. And yes I often trade the 1-3m charts, but I rarely post that kind of thing. My point is that if I have the big picture correct, the little picture takes care of itself. You have no picture, you're flying blind.

Chart from Sept 1 price at 4600... Target busted.
http://www.forexfactory.com/showpost...ostcount=26083

Chart from Sept 5. We're nearly to the middle of the lowest target zone shown on this chart.
http://www.forexfactory.com/showpost...ostcount=27682

Chart from Sept 7. We just bounced off the yellow target line shown in this post.
http://www.forexfactory.com/showpost...ostcount=27905

These are just 3 of many.

Looks like it

ok now we have stopped all stops that were under the support of the weekly / monthly... we can spike down last time... and go to 1.50

Let's see if 1.3888 will hold.

close to S2. if it breaks. the sky is the limit.

First let me say I'm a dollar bull, but some of what is going on is getting absurd again. They added all kinds of goodies to the proposed bailout.

Sanity? The potential bailout includes all kinds of benefits. The 400 pages included reducing taxes on RUM. You can't put a value on a good party and with Congress encouraging cheap rum we are set.

The dollar will get much stronger as the Rum starts to work. Cheaper booze is part of their solution.

Anyone with me shorting the channel on 15M?
http://i36.servimg.com/u/f36/13/06/68/59/kanal11.jpg

1.3870 reached with good rejection, I hope I am not talking too soon!

EU for short term. This is mine. I juz shorted it at 1.3834. Testing and see how.

SL at 1.3935. TP 1.3660

yes.. i'm also short at 1.3840..
i took the position too early...

Gonna cry for doing analysis for EU.... EU if wanna short it. I dunno where to place my TP.

I mean for LONG TERM SHORT...

my 1.3850 short will be closed soon.

I prefer to wait to see next triangle to be formed and broken!

Eventually a bailout and of this magnitude especialy, as I see it, is a clear sign that the economy is very sick. It's understandable short term why the market would like it and maybe long term the process will have its fruits but mid-term it sounds like a painfull process to me. Also there's this news of the EU draining over 200 billion EUR from the market that I see no reaction to so far. And if you look at the chart, that kinna fits the fact, I believe, that this chart begs for a second head/high (on daily, weekly and monthly). The trick is more to catch the bottom of it rather than guessing it'll happen, I believe.

I shorted at 1.3855 and got out with over 18pips

reloaded just above S2 on both eu and ej. tight stops a'rd 30 pips each in case it gets a wild hair.

I see the same on the 1 hour.

BoredToLoose
Don't follow my advices!!
Member Since Apr 2007
Posts: 527


http://www.forexfactory.com/images/icons/icon1.gif Oops ALG Wrong Chart!
Quote:
Originally Posted by Algirdas http://www.forexfactory.com/images/buttons/viewpost.gif
http://1.bp.blogspot.com/_nmIuQsC9b-...P_USD+Spot.png

But the right one almost sure you will win again.