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  • #45,001
  • Nov 12, 2008 3:15pm Nov 12, 2008 3:15pm
Quoting gatorinla
we are living in history. last current president, president elect. 100 yr old business going down. current market..trade centers, 2 wars... our great grand kids will study this period. take a breath this is history...

Thank goodness for parallel universes, you always know that another you is living better somewhere else.

Please disregard all those other universes where the sh!^ is hitting the fan.
Redefining Reality
  • #45,002
  • Nov 12, 2008 3:16pm Nov 12, 2008 3:16pm
Quoting psiholog
call me crazy but long at the low....40pip stop loss...risk/reward ratio well worth it

your bet is that the triple bottom will hold (hourly chart).

if my assessment is correct, i.e. than an ABC correction of yesterday's drop is under way, you are looking to 1.2600 ~ 1.2630

good luck.

Trail the profit. Wild wave C ahead.

ps. 15 min chart ADX(12) is against the trade.


cheers
  • #45,003
  • Nov 12, 2008 3:21pm Nov 12, 2008 3:21pm
man.. whats japan gonna do tonight??? i think it will go down like a 2 crack ho on a friday night. can i say this here?
those who can, do. those who cant, talk about those who can
  • #45,004
  • Nov 12, 2008 3:22pm Nov 12, 2008 3:22pm
Quoting psiholog
call me crazy but long at the low....40pip stop loss...risk/reward ratio well worth it
hell move up your sl your in the money now
those who can, do. those who cant, talk about those who can
  • #45,005
  • Nov 12, 2008 3:23pm Nov 12, 2008 3:23pm
Quoting gatorinla
man.. whats japan gonna do tonight??? i think it will go down like a 2 crack ho on a friday night. can i say this here?

As long as your not referring to my girlfriend.
Redefining Reality
  • #45,006
  • Nov 12, 2008 3:26pm Nov 12, 2008 3:26pm
Quoting piptechnician
As long as your not referring to my girlfriend.

If you are, tell her we are out of milk and to pick up some on the way home from work.
Redefining Reality
  • #45,007
  • Nov 12, 2008 3:26pm Nov 12, 2008 3:26pm
*L* no just in general.. i apolgise now to all guys and girls with Friday night 2 crack hos as girlfriends. that last comment does not apply to anyone here.
those who can, do. those who cant, talk about those who can
  • #45,008
  • Nov 12, 2008 3:28pm Nov 12, 2008 3:28pm
Quoting acumen
Holy Sh#t... we elected who?


I have to go take another shower with my laptop. Better get one of those navy seal submersible ones next time. Just got everything cleaned up from turvo's crack...
Attached Image
FUBAR...
  • #45,009
  • Nov 12, 2008 3:29pm Nov 12, 2008 3:29pm
Wow 3000 pages of EURUSD comments...

Im long...markets should bounce tomorrow, can't see oil going much lower. edit: audusd not eurusd
  • #45,010
  • Nov 12, 2008 3:33pm Nov 12, 2008 3:33pm
Quoting TIckerShuffl
Wow 3000 pages of EURUSD comments...
We should celebrate. That's a milestone.


Oops, celebrated a bit too much......
  • #45,011
  • Nov 12, 2008 3:38pm Nov 12, 2008 3:38pm
I have a crazy theory that "they" are dropping the market not because "they" are loading up to go long but "they" are SHORT!! And anyone else who is trading with the trend.

How many still believe the trend is up just because the monthly close is above the close from 3 years ago even though the price they would pay to go long is obviously today's price and not from back then.
  • #45,012
  • Nov 12, 2008 3:41pm Nov 12, 2008 3:41pm
Quoting unicorn7411
your bet is that the triple bottom will hold (hourly chart).

if my assessment is correct, i.e. than an ABC correction of yesterday's drop is under way, you are looking to 1.2600 ~ 1.2630

good luck.

Trail the profit. Wild wave C ahead.

ps. 15 min chart ADX(12) is against the trade.


cheers
honestly i think we have reached the end of the road for dollar strength...today was amazing...the dollar gained so much against all other pairs and did nothing versus the euro. the stock market had a massive selloff and the eur/usd could not go lower. selling power is exhausted. of course this is pure speculation so i intend to keep this position with its 40pip stop loss for some time...possibly weeks...well half of it anyways scaled out the other half at 1.2500 just in case it has become strong resistance
Different opinions highly valued, ignorant to slander.
  • #45,013
  • Nov 12, 2008 3:47pm Nov 12, 2008 3:47pm
huh??? we were druken sailors who went to bed with a beauty queen. its now the next moring and the alcohol has worn off. we have a hangover..then notice whats laying beside you..were are scared and have a cold chill. we hear grunnting but are afraid to look under the covers.. we tip toe out the room hoping our friends never find out. we are now sober. we are afrais to go out. we are afraid to drink. we hear grunting in our sleep. the taste of bad sex is still in our mouth.. till we get some powerful mouthwash and some shots we may never take the chance again.............markets have 20 cycles between drunks..
those who can, do. those who cant, talk about those who can
  • #45,014
  • Nov 12, 2008 3:48pm Nov 12, 2008 3:48pm
Quoting SunTrader
I have a crazy theory that "they" are dropping the market not because "they" are loading up to go long but "they" are SHORT!! And anyone else who is trading with the trend.

How many still believe the trend is up just because the monthly close is above the close from 3 years ago even though the price they would pay to go long is obviously today's price and not from back then.
Who's they?

Some things remain the same, that's for sure...*cough* douchebag *cough*

edit LOL sorry man
  • #45,015
  • Nov 12, 2008 3:48pm Nov 12, 2008 3:48pm
Quoting SunTrader
I have a crazy theory that "they" are dropping the market not because "they" are loading up to go long but "they" are SHORT!! And anyone else who is trading with the trend.

How many still believe the trend is up just because the monthly close is above the close from 3 years ago even though the price they would pay to go long is obviously today's price and not from back then.
last post was 4u
those who can, do. those who cant, talk about those who can
  • #45,016
  • Nov 12, 2008 3:48pm Nov 12, 2008 3:48pm
Quoting psiholog
honestly i think we have reached the end of the road for dollar strength...today was amazing...the dollar gained so much against all other pairs and did nothing versus the euro. the stock market had a massive selloff and the eur/usd could not go lower. selling power is exhausted. of course this is pure speculation so i intend to keep this position with its 40pip stop loss for some time...possibly weeks...well half of it anyways scaled out the other half at 1.2500 just in case it has become strong resistance
looking at the daily, i dont see how it's not possible to test 114 (EDIT: Sorry was looking at EJ, but whatever the low was) again. however, i do think there's a 'chance' it may bounce 100-150 pips.
  • #45,017
  • Nov 12, 2008 3:49pm Nov 12, 2008 3:49pm
Quoting TradeWell
We should celebrate. That's a milestone.


Oops, celebrated a bit too much......
And to think that the thread starter - snprr - only stayed around Forex Factory long enough for 11 posts.



Was it something I said?



Actually I had not posted here till sometime earlier this year.
  • #45,018
  • Nov 12, 2008 3:51pm Nov 12, 2008 3:51pm
Oil is lower today, than when Euro was at it's lows.

So, in effect Eurozone is getting cheaper oil on a relative basis in addition to the general decrease. I have to wonder if this is all part of the plan to restore growth.

One thing I am getting,e vern from oil companies, is that alternative energies will still be developed...why? Economic growth. Gotta make something!
  • #45,019
  • Nov 12, 2008 3:54pm Nov 12, 2008 3:54pm
Quoting Clouds
looking at the daily, i dont see how it's not possible to test 114 again. however, i do think there's a 'chance' it may bounce 100-150 pips.
there is a good chance it may go lower. when i look at the daily though...i see a W with the day the euro rallied 500 pips right in the middle...(fundies and technicals forever intertwined). anyways....there are 7 candles making the first half of the W before the that big bull day....we are currently in the 7th candle after that big bull day...in other words...we may have reached the bottom here if this is a true reversal. and theres nowhere to go but up from here....again...this is pure speculation..pa will determine all soon enough
Different opinions highly valued, ignorant to slander.
  • #45,020
  • Nov 12, 2008 4:00pm Nov 12, 2008 4:00pm

In recent days I'm do not participate to the discussions in the chat.
I will try to give my contribution. The graphs attached shows a monthly and a daily.
I believe that in this period is very difficult to maintain a position if you are not willing to endure continuous retracement.
In a overall vision of the things , I think that the levels at which they will decide the future is in area 1.1800-1.1300 .
I am now convinced that these levels could soon be touched before we can see a real rebound.




Actually I'm short and

I'm willing to change my point of view just above 1.2900-1.3000



Edit: I can't attach a chart ??
The best thing that can happen to you is to find out where you're wrong.
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