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EURUSD

  • #40,621
  • Oct 21, 2008 10:56pm Oct 21, 2008 10:56pm
euro back to 1.0000 by end of year
2 year euro advance against dollar vanished in just 3 months
  • #40,622
  • Oct 21, 2008 10:57pm Oct 21, 2008 10:57pm
WOW ! what a fall? 3050 pips in 3 0r 4 months? eur gained that amount pips within a year if you look at weekly chart . where are we heading? collapse? dollar bubble?.
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #40,623
  • Oct 21, 2008 10:59pm Oct 21, 2008 10:59pm
Quoting fxterrapin
The forex market that I once knew is back! Let the smooth stop hunting fest continue!
Indeed, i didn't know it was going to take only 2 days to reach 1.2900. Talk about stop hunting.
  • #40,624
  • Oct 21, 2008 11:00pm Oct 21, 2008 11:00pm
check out that UJ... closing within a 60 pip range for the last 12 hrs...

reminds me of buzzard luck. can't kill nothin, and nothin will die...
FUBAR...
  • #40,625
  • Oct 21, 2008 11:02pm Oct 21, 2008 11:02pm
Quoting MackS10
Indeed, i didn't know it was going to take only 2 days to reach 1.2900. Talk about stop hunting.
Tell me about it. Actually it could slow down a bit more for my taste. These oversold conditions could cause nasty rallies back up that are hard to time.
  • #40,626
  • Oct 21, 2008 11:02pm Oct 21, 2008 11:02pm
Quoting ziko123
euro back to 1.0000 by end of year
2 year euro advance against dollar vanished in just 3 months
how about euro gone...? sell em while you can.
'
add: this was reasonably interesting. not that it's really news tho.http://www.bloomberg.com/apps/news?p...aP0&refer=home
FUBAR...
  • #40,627
  • Oct 21, 2008 11:04pm Oct 21, 2008 11:04pm
it s totally insane... 450 pips drop in 1 day...max 50 pips retracement...something that we dont know is happening for sure...
  • #40,628
  • Oct 21, 2008 11:09pm Oct 21, 2008 11:09pm
Is another bubble forming while one is bursting at the same time?
  • #40,629
  • Oct 21, 2008 11:09pm Oct 21, 2008 11:09pm
Quoting fxterrapin
Tell me about it. Actually it could slow down a bit more for my taste. These oversold conditions could cause nasty rallies back up that are hard to time.
The markets will def. get more volatile after this move as traders get more confused with current long/short positions.
  • #40,630
  • Oct 21, 2008 11:10pm Oct 21, 2008 11:10pm
it is being a very volatile asian session...
can't wait to europe to enter into the market to see what happens.
  • #40,631
  • Oct 21, 2008 11:11pm Oct 21, 2008 11:11pm
Stop hunting?

at 1.50 also

and 1.40 too?

How about if it gets to 1.20?
  • #40,632
  • Oct 21, 2008 11:14pm Oct 21, 2008 11:14pm
Quoting emeric33
it s totally insane... 450 pips drop in 1 day...max 50 pips retracement...something that we dont know is happening for sure...
In one week maybe.

Tuesday's trading day ended at 5:00pm est - drop was 300+ pips. Now we are trading Wednesday's daily bar.
  • #40,633
  • Oct 21, 2008 11:16pm Oct 21, 2008 11:16pm
down again...
  • #40,634
  • Oct 21, 2008 11:17pm Oct 21, 2008 11:17pm
Quoting SunTrader
Stop hunting?

at 1.50 also

and 1.40 too?

How about if it gets to 1.20?
My loss from yesterday will have been made up for and then some.

I would absolutely love that
Not all sins are created equal
  • #40,635
  • Oct 21, 2008 11:19pm Oct 21, 2008 11:19pm
MY 5 min chart is one long red line!
  • #40,636
  • Oct 21, 2008 11:19pm Oct 21, 2008 11:19pm
This is plain sick, I don't understand anything
  • #40,637
  • Oct 21, 2008 11:20pm Oct 21, 2008 11:20pm
Quoting SunTrader
In one week maybe.

Tuesday's trading day ended at 5:00pm est - drop was 300+ pips. Now we are trading Wednesday's daily bar.
let s say in 24 hours if you are playing with words
  • #40,638
  • Oct 21, 2008 11:20pm Oct 21, 2008 11:20pm
Quoting SunTrader
Stop hunting?

at 1.50 also

and 1.40 too?

How about if it gets to 1.20?
Sun, the borkers are clearing the stops before they jack the price up to 2.17 so they don't have to pay us.

The problem with that picture is they keep hitting my TP's... So what's that called... ? TP hunting?
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FUBAR...
  • #40,639
  • Oct 21, 2008 11:22pm Oct 21, 2008 11:22pm
JESUS, SLOW DOWN!!
  • #40,640
  • Oct 21, 2008 11:24pm Oct 21, 2008 11:24pm
Never thought I would see the Euro's demise so soon ...
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