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  • #37,481
  • Oct 7, 2008 8:45am Oct 7, 2008 8:45am
Quoting T.s.
good to c today better than yesterday
yeah thanks, lol. I'm on the road to recovery but it will take time

How have your trades on EUR/USD gone today? Are you currently in a trade or waiting for a better opportunity?
  • #37,482
  • Oct 7, 2008 8:48am Oct 7, 2008 8:48am
Quoting WedWed
i short 2positions @ 1.3675

i hope came down soon...

One day just let me know how you find this No. 1.3777 ... let me learn good thing from you ..
that about the gap from last week, although might not get there...seems like sideways for balance of day.

shutting down

good luck
  • #37,483
  • Oct 7, 2008 8:56am Oct 7, 2008 8:56am
I feel like everyday is fridays nowadays
Money often costs too much...
  • #37,484
  • Oct 7, 2008 9:03am Oct 7, 2008 9:03am
Quoting altrader
yeah thanks, lol. I'm on the road to recovery but it will take time

How have your trades on EUR/USD gone today? Are you currently in a trade or waiting for a better opportunity?
To be honest with you... I hedged out the buy I put in yesterday in anticipation of the gap closingand made a lil bit of money i stacked my order at 3488 long and liquidated all trades at 3705 so i made a lil bit. Now looking for another opportunity I still like the bear...bullish sentiment is not been confirmed, and cyclically i see two more days of bull at most.
T.S.
  • #37,485
  • Oct 7, 2008 9:03am Oct 7, 2008 9:03am
BE VERY CAREFUL, This is not trigger signals, do not follow me blindness.
My today trade was done Long 1.3585 TP 1.3710.
Now I only will trade when the dust are quiet on the ground, and see how price will act around my lines!
  • #37,486
  • Oct 7, 2008 9:12am Oct 7, 2008 9:12am
Quoting T.s.
To be honest with you... I hedged out the buy I put in yesterday in anticipation of the gap closingand made a lil bit of money i stacked my order at 3488 long and liquidated all trades at 3705 so i made a lil bit. Now looking for another opportunity I still like the bear...bullish sentiment is not been confirmed, and cyclically i see two more days of bull at most.
wow, sounds like you're doing really well, great to hear
  • #37,487
  • Oct 7, 2008 9:17am Oct 7, 2008 9:17am
Quoting altrader
wow, sounds like you're doing really well, great to hear

well....was going to illustrate i too am climbing back from some losses so it only helped tourniquet the wound....
T.S.
  • #37,488
  • Oct 7, 2008 9:19am Oct 7, 2008 9:19am
My idea is that we have reached an area where there should be a retrace. I refer to 1.3668-1,3697

Any Ideas??
The best thing that can happen to you is to find out where you're wrong.
  • #37,489
  • Oct 7, 2008 9:22am Oct 7, 2008 9:22am
Quoting Epipany
Wow... I left the market alone 4 today, this was defnitly a crazy one!
Just one question to the forum...... any one think the EUR/USD gap will close this week?
Hmm..I remember asking this question yesterday, but got no response.... I need to go fund my accnt ASAP, I see a drooooopppppp coming!

P.S. Hello, my name is E and Im a new forex account wipeoutee...
am I finally in the club?
  • #37,490
  • Oct 7, 2008 9:22am Oct 7, 2008 9:22am
Quoting T.s.
well....was going to illustrate i too am climbing back from some losses so it only helped tourniquet the wound....
well, at least we're both moving in the right direction
  • #37,491
  • Oct 7, 2008 9:44am Oct 7, 2008 9:44am
Looks like a reversal pattern, but....
Attached Image (click to enlarge)
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  • #37,492
  • Oct 7, 2008 10:00am Oct 7, 2008 10:00am
What do you think about a target at 1,3580 ??
The best thing that can happen to you is to find out where you're wrong.
  • #37,493
  • Oct 7, 2008 10:06am Oct 7, 2008 10:06am
Quoting BoredToLoose
Looks like a reversal pattern, but....
wouldnt a reversal mean that the our dear bailout plan has not foundation or effect...
  • #37,494
  • Oct 7, 2008 10:08am Oct 7, 2008 10:08am
Quoting Driver55
What do you think about a target at 1,3580 ??
If we go now to 1.3580, I will think twice about going long.
There are some resistance now at 1.3627, if we break that soon, 1.3580 is almost sure!
  • #37,495
  • Oct 7, 2008 10:11am Oct 7, 2008 10:11am
In recent times it is difficult to maintain a position. I think in a reversal .. and we will try in area 1.3580
The best thing that can happen to you is to find out where you're wrong.
  • #37,496
  • Oct 7, 2008 10:13am Oct 7, 2008 10:13am
Quoting Driver55
What do you think about a target at 1,3580 ??
you sir are very good!
i look forward to your future opinions

here is my current analysis. we have been in a descending channel since last week. we just broke out of it. doing so we tapped the 23.6% fib retracement from 1.4585 to current low. as most breakouts do...a retest of the breakout wall has just occured. the question now is whether this is a false breakout or a true one. if it is a falsie...61.8% at 1.3555 (current low to high fibs) is a possible target. if we break that....a new low is in sight

Attached Image (click to enlarge)
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Different opinions highly valued, ignorant to slander.
  • #37,497
  • Oct 7, 2008 10:14am Oct 7, 2008 10:14am
We may go to 1.3400 area again.
Too danger to trade now, Recent bull move was widely rejected!
  • #37,498
  • Oct 7, 2008 10:17am Oct 7, 2008 10:17am
Quoting BoredToLoose
If we go now to 1.3580, I will think twice about going long.
There are some resistance now at 1.3627, if we break that soon, 1.3580 is almost sure!

I mean that this retrace shows how it is impossible to maintain the position .. so I closed my long at 1.3717 and at 1.3580 if it comes I renenter my long position
The best thing that can happen to you is to find out where you're wrong.
  • #37,499
  • Oct 7, 2008 10:18am Oct 7, 2008 10:18am
If the bull move was rejected, isn't it time to get short?

Or is that to negative in this era of political correctness
  • #37,500
  • Oct 7, 2008 10:19am Oct 7, 2008 10:19am
Quoting Beartrade
If the bull move was rejected, isn't it time to get short?

Or is that to negative in this era of political correctness
it would mean short. but if you look @ psi's chart, we're in dangerous territory right now. either we go down, or we bounce up. need confirmation first. i'm still holding my shorts though.

short since 1.37
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