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  • #36,461
  • Oct 3, 2008 3:19am Oct 3, 2008 3:19am
im still short since 1.3830....hoping it'll go down as well...was up few pips then all of a sudden took eyes off the screen and now im down 30+ pips...wtf
  • #36,462
  • Oct 3, 2008 3:21am Oct 3, 2008 3:21am
My bullwave target is near 14542 September 18th High
  • #36,463
  • Oct 3, 2008 3:31am Oct 3, 2008 3:31am
Quoting 5ysfx
My bullwave target is near 14542 September 18th High
are you saying a short is wrong now? has d trend changed.pls answer bcos i am short and do not want to lose much money.
thank you
  • #36,464
  • Oct 3, 2008 3:32am Oct 3, 2008 3:32am
Quoting 5ysfx
My bullwave target is near 14542 September 18th High
I am actually short @ 1.3754. do you think i should hedge?
  • #36,465
  • Oct 3, 2008 3:34am Oct 3, 2008 3:34am
this is my last count for last wave and i think we still have a long way down.
my regards.
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  • #36,466
  • Oct 3, 2008 3:38am Oct 3, 2008 3:38am
Looks like it going down, SHAMPOO forming in both EUR/USD, GBP/USD 15min charts.
They think they are smarter than I am.
  • #36,467
  • Oct 3, 2008 3:39am Oct 3, 2008 3:39am
I do not recommend u any solution sorry
I was many times wrong here ...
Im specialized to play on reversal especially on longer term.
I do not play with major trend

This is just me..
  • #36,468
  • Oct 3, 2008 3:43am Oct 3, 2008 3:43am
Quoting MoamarKadafi
hi guys, iam short @ 13754, so far things dont look good. any thoughts about the probability of the euro dropping to that level or below again soon? or should i just stop loss now?
Well I hope your right, because imo EU is due for a big pullback from here.

price making lower lows, but macd histogram making higher lows..a good sign that this is a bottom.

im long from 3869
  • #36,469
  • Oct 3, 2008 3:44am Oct 3, 2008 3:44am
Still holding my shortS WITH SL 20 PIP ABOVE PVT 1.3876
  • #36,470
  • Oct 3, 2008 3:48am Oct 3, 2008 3:48am
Quoting 5ysfx
I do not recommend u any solution sorry
I was many times wrong here ...
Im specialized to play on reversal especially on longer term.
I do not play with major trend

This is just me..
I understand if you feel reluctant to recommend any solutions. I am just asking for a second opinion. of course I will be the one deciding to stay short or cut my losses now.

I would like to ask another question. lets assume that the euro sky rockets today or the following week to 1.45 do you think that inspite of that we will see 1.37 again in lets say a month or so?
  • #36,471
  • Oct 3, 2008 3:49am Oct 3, 2008 3:49am
macd.
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  • #36,472
  • Oct 3, 2008 3:52am Oct 3, 2008 3:52am
Quoting MoamarKadafi
I understand if you feel reluctant to recommend any solutions. I am just asking for a second opinion. of course I will be the one deciding to stay short or cut my losses now.

I would like to ask another question. lets assume that the euro sky rockets today or the following week to 1.45 do you think that inspite of that we will see 1.37 again in lets say a month or so?
I would wait for NYC session but you should be quite alert.
They think they are smarter than I am.
  • #36,473
  • Oct 3, 2008 3:55am Oct 3, 2008 3:55am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Weak US employment data tonight will send EU to the sky...

If Congress passes the bailout plan, EU will turn south again, otherwise it will continue up north...
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #36,474
  • Oct 3, 2008 3:56am Oct 3, 2008 3:56am
i also am stuck
  • #36,475
  • Oct 3, 2008 3:57am Oct 3, 2008 3:57am
Quoting CWH
Weak US employment data tonight will send EU to the sky...

If Congress passes the bailout plan, EU will turn south again, otherwise it will continue up north...
yeah i'm thinking that could be the case.
  • #36,476
  • Oct 3, 2008 3:58am Oct 3, 2008 3:58am
Quoting altrader
i also am stuck
well im short as well..shorted from 1,3870 just below the channel roof from 60 min chart trendline.....
I think we are going down....If news and stuff doesnt mess it up....
  • #36,477
  • Oct 3, 2008 4:05am Oct 3, 2008 4:05am
Quoting CWH
If Congress passes the bailout plan, EU will turn south again, otherwise it will continue up north...
I doubt that, it's priced in, now thinking ahead into what it'll mean should send EU much higher. Mid-term charts are also begging for a second peak near 1.6. This could be the low...
On the path to Enrichment.
  • #36,478
  • Oct 3, 2008 4:06am Oct 3, 2008 4:06am
US data will be worse than expected with a high probability, but lately other news really have not had that much importance because "bailout" is #1 interest. Markets is as it is, so i closed my position and wait for better signal whats going to happen next.
They think they are smarter than I am.
  • #36,479
  • Oct 3, 2008 4:10am Oct 3, 2008 4:10am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting kojak
well im short as well..shorted from 1,3870 just below the channel roof from 60 min chart trendline.....
I think we are going down....If news and stuff doesnt mess it up....
Should have waited until US announces its employment number... but the Congress vote is hard to predict, I give it 50-50% of getting passed & then have to see how the market react too...... Next Monday will see a clear direction... Better catch up from then on.....
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #36,480
  • Oct 3, 2008 4:12am Oct 3, 2008 4:12am
hi traders

i sent here from two weeks ago my calls for euro
i forecast the continuation of the down trend.
another breakout confirm the down trend in both euro and british pound.
as shown in my charts.
and here we go i opened one short position at 1.4700 area
and price now almost 1000 pip profit.
i like to thanks all other great traders to give me the chance to see my targets come true .
so the quistion now where the price is going?
the answer in the trend
the trend is down i wait for another 1000 pip before i close my positions.
as i said before no matter price go up will fall like rock
coz the trend is down
i hope you great traders have fun with price coz i already did..hahaha
and dont forget the fundamental aspect!!!!!
and to be clear to you
all the buyrs and the sellers are here in those threads and you know the forex basic rule
only 20% win and the other 80% loss
so try to figure it out by your mind
yea they fool you and robb your money
they said the price is going up and you will find the price is going down and visa versa ,try to opserve and make your mind work
in threads we call this move the {news}.

and i tried to warn you from time ago by sending the trend direction , i hope i did my part by good way.
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