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EURUSD

  • #42,261
  • Oct 28, 2008 7:01pm Oct 28, 2008 7:01pm
Quoting Jay Walker
Lock your profits in and hold on to your f@#ing hat
pips protected
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #42,262
  • Oct 28, 2008 7:01pm Oct 28, 2008 7:01pm
Quoting Gofer Pips
Jay,
my new slogan

\"Ron Henry short since birth!\"
errr...okay!
Not all sins are created equal
  • #42,263
  • Oct 28, 2008 7:05pm Oct 28, 2008 7:05pm
Some are waiting to see a drop to 1.2550, I don't, even if that is my H4 Channel Bottom line for a retesting.
But I am not going to buy now.
Price already cross 1.2719, it is a good number to hold Bears, but if this number do not hold, 1.2666 may hold Today and so Longs will continue their Job until 1.3000.

Sweet Dreams to All!
  • #42,264
  • Oct 28, 2008 7:11pm Oct 28, 2008 7:11pm
Quoting BoredToLoose
Some are waiting to see a drop to 1.2550, I don't, even if that is my H4 Channel Bottom line for a retesting.
But I am not going to buy now.
Price already cross 1.2719, it is a good number to hold Bears, but if this number do not hold, 1.2666 may hold Today and so Longs will continue their Job until 1.3000.

Sweet Dreams to All!
I like that maneater but...what happened to your football dudes avatar?
Not all sins are created equal
  • #42,265
  • Oct 28, 2008 7:18pm Oct 28, 2008 7:18pm
hey guys. i am currently busy with advancing my forex career to the next level. for that reason i will not be posting as much in fact i will rarely until december or so. but tonight i am in good spirits so i will provide my current analysis of whats going.

fibs are based on the last major low (double bottom) to current high. second fibs is last move up from 1.2444 to current high. pivots are thanks to cobra. the current channel is clear...breakout points visible...right now the 23.6% retracement for the last move low to high seems to be crucial. to the downside we could see 1.2600 again but i highly doubt it (dow went insanely high today, no reason to go back down, not yet at least). good luck pippin all ...be back whenever

Attached Image (click to enlarge)
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Different opinions highly valued, ignorant to slander.
  • #42,266
  • Oct 28, 2008 7:26pm Oct 28, 2008 7:26pm
If the Nikkei rallies like the american markets did, I think we will see the euro continue its uptrend, to 1.3000 probably!

And the Nikkei is now 400points up!
  • #42,267
  • Oct 28, 2008 7:35pm Oct 28, 2008 7:35pm
Quoting SunTrader
Daily pivot is 1.2583 or there about.
you're right .. daily pivot @1.25830
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #42,268
  • Oct 28, 2008 7:35pm Oct 28, 2008 7:35pm
Quoting psiholog
hey guys. i am currently busy with advancing my forex career to the next level.
Perfect my friend, you're ready to go.

Wish you the very best and se us soon.

BTW: possible H$S formation on 15M and 30M
  • #42,269
  • Oct 28, 2008 7:52pm Oct 28, 2008 7:52pm
1.28 - 1.25 range while it pounds out a bottom?
  • #42,270
  • Oct 28, 2008 7:55pm Oct 28, 2008 7:55pm
Quoting psiholog
hey guys. i am currently busy with advancing my forex career to the next level. for that reason i will not be posting as much in fact i will rarely until december or so. but tonight i am in good spirits so i will provide my current analysis of whats going.

fibs are based on the last major low (double bottom) to current high. second fibs is last move up from 1.2444 to current high. pivots are thanks to cobra. the current channel is clear...breakout points visible...right now the 23.6% retracement for the last move low to high seems to be crucial. to the downside we could see 1.2600 again but i highly doubt it (dow went insanely high today, no reason to go back down, not yet at least). good luck pippin all ...be back whenever

Attachment
Just like a youngster to do a drive-by!
  • #42,271
  • Oct 28, 2008 7:57pm Oct 28, 2008 7:57pm
Quoting TIckerShuffl
1.28 - 1.25 range while it pounds out a bottom?
It might range there for the rest of the week...unless a "surprise" comes along.

On the daily chart, it might also be gearing up for the first rally since mid-September.
Not all sins are created equal
  • #42,272
  • Oct 28, 2008 8:20pm Oct 28, 2008 8:20pm
Good night all. Good trading to you.
Up or down, gimme a ticket
  • #42,273
  • Oct 28, 2008 8:29pm Oct 28, 2008 8:29pm
get your rest Ed and don't miss the short bus!
  • #42,274
  • Oct 28, 2008 10:10pm Oct 28, 2008 10:10pm
Quoting psiholog
hey guys. i am currently busy with advancing my forex career to the next level. for that reason i will not be posting as much in fact i will rarely until december or so. but tonight i am in good spirits so i will provide my current analysis of whats going.

fibs are based on the last major low (double bottom) to current high. second fibs is last move up from 1.2444 to current high. pivots are thanks to cobra. the current channel is clear...breakout points visible...right now the 23.6% retracement for the last move low to high seems to be crucial. to the downside we could see 1.2600 again but i highly doubt it (dow went insanely high today, no reason to go back down, not yet at least). good luck pippin all ...be back whenever

Attachment
looks like its ready for a bounce. price action remained contained within the walls of the downtrend, where fibs overlap and just below the pivot point...once that upper wall gets broken...new high is a possibility. lower wall gets broken...full retracement a possibility. it may reach 1.2600 after all too(still doubt it)...i wouldnt play anything until price action breaks those walls. good pippin all...truly done for now until who knows when

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Click to Enlarge Name: current.gif Size: 39 KB
Different opinions highly valued, ignorant to slander.
  • #42,275
  • Oct 28, 2008 10:12pm Oct 28, 2008 10:12pm
Just...where is everybody?

http://www.newmexiconuts.net/catalog/tumbleweed.jpg
Not all sins are created equal
  • #42,276
  • Oct 28, 2008 10:14pm Oct 28, 2008 10:14pm
Quoting psiholog
looks like its ready for a bounce. price action remained contained within the walls of the downtrend, where fibs overlap and just below the pivot point...once that upper wall gets broken...new high is a possibility. lower wall gets broken...full retracement a possibility. it may reach 1.2600 after all too(still doubt it)...i wouldnt play anything until price action breaks those walls. good pippin all...truly done for now until who knows when

Attachment
http://thayer.dartmouth.edu/brainidb...ges/beavis.jpg

Yeah!Yeah!Yeah! Up! UP! UPUPUPUP!!!
Not all sins are created equal
  • #42,277
  • Oct 28, 2008 10:30pm Oct 28, 2008 10:30pm
Quoting Jay Walker
http://thayer.dartmouth.edu/brainidb...ges/beavis.jpg

Yeah!Yeah!Yeah! Up! UP! UPUPUPUP!!!
Is hat one But Head?
  • #42,278
  • Oct 28, 2008 10:33pm Oct 28, 2008 10:33pm
Quoting bablo
Is hat one But Head?

Beavis
Not all sins are created equal
  • #42,279
  • Oct 28, 2008 10:38pm Oct 28, 2008 10:38pm
Quoting Jay Walker
Beavis
Sorry for the confusion. Keyboard issues. Should have been Butt Head.
  • #42,280
  • Oct 28, 2008 10:43pm Oct 28, 2008 10:43pm
Expect a possible bounce at 1.2583.

PP and 61.8% fib on my charts.

Will monitor PA at that time if we reach it.

Still holding shorts.
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