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  • #40,461
  • Oct 21, 2008 12:11pm Oct 21, 2008 12:11pm
Quoting SunTrader
I'd like to think it was EU was over-priced and not Obama being priced in or Bush being priced out, but the chart tells me more than politics ever will. To each his own.

Just curious, what was politics telling you when EU hit 1.6038 ?
to each his own...it was not the politics, just simple reluctant to buy the high,...u are right, and now it may be looking like reluctant to sell the low...
its just money
  • #40,462
  • Oct 21, 2008 12:15pm Oct 21, 2008 12:15pm
Quoting Parker
Apparently all the correlations that fell apart yesterday are back in effect. I'm going to hibernate until daily ATR is < 200 again.
Thanks for the suggestion on the ATR indicator yesterday. I can see how there could be some potential use for it.
  • #40,463
  • Oct 21, 2008 12:20pm Oct 21, 2008 12:20pm
Quoting SunTrader
Maybe someone announced downtrend was over.

They wuz wrong.
But funny.
  • #40,464
  • Oct 21, 2008 12:26pm Oct 21, 2008 12:26pm
Quoting SunTrader
That is why I say \"they wuz wrong\". I read everyday traders saying the \"bottom is here\", \"time to go long\" etc.

And I just keep waiting for a change in trend and haven't seen it yet. That's all.
I've already told everyone where the bottom is.

A full retrace of the move that began in November of 05.

1.1640.

How long will it take to get there... who knows... but that's where it's going.

Mike
  • #40,465
  • Oct 21, 2008 1:00pm Oct 21, 2008 1:00pm
Quoting acumen
I've already told everyone where the bottom is.

A full retrace of the move that began in November of 05.

1.1640.

How long will it take to get there... who knows... but that's where it's going.

Mike
If it runs in the same velocity that it has since 4 month we could be there at the end of the year, BUT there is a big stone in the way, the 1.28xx area, a 6 month support built in 2006.
Looks like I’m loosing the bet with you but still 14 month time.
  • #40,466
  • Oct 21, 2008 1:02pm Oct 21, 2008 1:02pm
If 1.3060 gets broken....

....next stop @ around 1.2900


Could be 1 of these 27 " bottoms " we witnessed the past 2 months
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  • #40,467
  • Oct 21, 2008 1:04pm Oct 21, 2008 1:04pm
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  • #40,468
  • Oct 21, 2008 1:08pm Oct 21, 2008 1:08pm
Quoting TradeWell
..............................................................................................................................................
Tell us!
I can imagine, you are waiting to see 1.3122, right!
  • #40,469
  • Oct 21, 2008 1:12pm Oct 21, 2008 1:12pm
Quoting BoredToLoose
Tell us!
I can imagine, you are waiting to see 1.3122, right!
Sure, anything, just move!
  • #40,470
  • Oct 21, 2008 1:17pm Oct 21, 2008 1:17pm
Now EUR/USD 1.3094
Now it's possible some retrecmant for 80 or more pips on all currency, I 'll do exact Update little later
{Promotion Removed}
  • #40,471
  • Oct 21, 2008 1:32pm Oct 21, 2008 1:32pm
Quoting Algirdas
Now EUR/USD 1.3094
Now it's possible some retrecmant for 80 or more pips on all currency, I 'll do exact Update little later
Stops for retrecmant are today's lowers and highs

NOW, do not be confused:
Our Main Trend EUR/USD is Short, but temporary we do Hedging. When market moves 300 pips we easy can take 400 pips.
Do not Close no one Short position. Just take some temporary profit in Asion-Euro sesion from very Intraday Long.
{Promotion Removed}
  • #40,472
  • Oct 21, 2008 1:39pm Oct 21, 2008 1:39pm
Quoting Algirdas
Stops for retrecmant are today's lowers and highs

NOW, do not be confused:
Our Main Trend EUR/USD is Short, but temporary we do Hedging. When market moves 300 pips we easy can take 400 pips.
Do not Close no one Short position. Just take some temporary profit in Asion-Euro sesion from very Intraday Long.
Am i the only one who never understands Algidras' posts?

i wish i could
  • #40,473
  • Oct 21, 2008 2:06pm Oct 21, 2008 2:06pm
Quoting FOURX
Am i the only one who never understands Algidras' posts?

i wish i could


I know what you are saying.
  • #40,474
  • Oct 21, 2008 2:08pm Oct 21, 2008 2:08pm
Quoting acumen
But funny.
A little salt never hurt no one.

Trading ain't easy and ain't ain't a word.

Now that will really throw a curve to someone in East Puckywuck.
  • #40,475
  • Oct 21, 2008 2:17pm Oct 21, 2008 2:17pm
Quoting SunTrader
A little salt never hurt no one.

East Puckywuck.

  • #40,476
  • Oct 21, 2008 2:19pm Oct 21, 2008 2:19pm
Hello All,

Just curious, can someone confirm for me what prices we are looking at for next lows? I have the following:
1.2860 - 1/12/07
1.2482 - 10/13/06
1.1826 - 2/27/06
1.1640 - 11/15/05

Just looking ahead and would appreciate some validation.

Thanks
Up or down, gimme a ticket
  • #40,477
  • Oct 21, 2008 2:25pm Oct 21, 2008 2:25pm
!?!? what's this 100 pips south in these hours!?!?

edit: ok is dow
  • #40,478
  • Oct 21, 2008 2:29pm Oct 21, 2008 2:29pm
Didn't see that one coming... and afternoon break for 20.

It's why I'm a chart watcher...never know.

I guess that short at S2 would have been a good idea.

Oh well.

m
  • #40,479
  • Oct 21, 2008 2:32pm Oct 21, 2008 2:32pm
10 pips more for my target 1.3050 ! come on!
  • #40,480
  • Oct 21, 2008 2:34pm Oct 21, 2008 2:34pm
Quoting acumen
Didn't see that one coming... and afternoon break for 20.

It's why I'm a chart watcher...never know.

I guess that short at S2 would have been a good idea.

Oh well.

m
I was shorting ... I swear but it was too fast I was in the kitchen cooking some fresh fish...I came back and it was -100 pips...god
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