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EURUSD

  • #46,421
  • Nov 20, 2008 11:22am Nov 20, 2008 11:22am
Quoting cobraforex
Would you call someone that draws TL, HL and Fibs on a 1M TF a donkey only because you can't do it, are to lazy or simply isn't your trading style?
Yes - same as they can call me one for not doing it.
  • #46,422
  • Nov 20, 2008 11:34am Nov 20, 2008 11:34am
Quoting dwildes
Yes - same as they can call me one for not doing it.
Ups
Attached Image
  • #46,423
  • Nov 20, 2008 11:41am Nov 20, 2008 11:41am
Quoting cobraforex
Ups
Nice pic!

Hope you didn't short when price hit your fib & downward trendline at 1.2525 on the M1s.
  • #46,424
  • Nov 20, 2008 11:52am Nov 20, 2008 11:52am
Is 2600... going to provide resistance here..??

or is the DJIA,,.. going to push Everything through..?
  • #46,425
  • Nov 20, 2008 11:55am Nov 20, 2008 11:55am
Just as I said - London subsides and the USD rally pauses, E/U goes up, which was what I was looking for it to do.

While others were looking at the M1/M5 too far in the weeds to see the full picture - donkeys *JK*
  • #46,426
  • Nov 20, 2008 11:56am Nov 20, 2008 11:56am
Quoting dwildes
Nice pic!

Hope you didn't short when price hit your fib & downward trendline at 1.2525 on the M1s.
You should think before writing your BS.
Nice breakout, retest and voila.
Keep your style, I’ll mine

Second screenshot buy signal on my THV 5M chart
And yes, it works
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: t20.gif Size: 31 KB
  • #46,427
  • Nov 20, 2008 12:02pm Nov 20, 2008 12:02pm
Quoting cobraforex
You should think before writing your BS.
Nice breakout, retest and voila.
Keep your style, I’ll mine
Hopefully it works out for you.
  • #46,428
  • Nov 20, 2008 12:03pm Nov 20, 2008 12:03pm
Quoting psiholog
i will only post this tonight as i have a hole to dig myself out of which requires my full attention. take a good look at the hourly candlesticks...analyze the technical pattern since the low was made 8 hours ago followed by a retest just now in a half circle pattern...see what the books say...that is the best clue to direction at the moment


Attachment

and yes i am born in may...there are two qualities about that month that define me today...the stubborness and the zodiac sign..good pippin all
posted that 12 hours ago...a little premature as the only real movement we have seen this week is during ny stock market session...now we have reached a critical level. Very strong resistance is 1.2580 as it has been for the past 2 weeks...the dow is also facing strong resistance at 8200...we break both of those....we are going to see quite a nice rally to the upside...i still am "counter-trend" as i believe the trend to be up with a possible market close above or very close to 1.3000...this week and last week is more of a stabilizing a bottom to me. then again...been wrong before and will be wrong again...the smart move here is...dont play against the trend or dont play at all...clearly im not that smart
Different opinions highly valued, ignorant to slander.
  • #46,429
  • Nov 20, 2008 12:14pm Nov 20, 2008 12:14pm
Quoting psiholog
posted that 12 hours ago...a little premature as the only real movement we have seen this week is during ny stock market session...now we have reached a critical level. Very strong resistance is 1.2580 as it has been for the past 2 weeks...the dow is also facing strong resistance at 8200...we break both of those....we are going to see quite a nice rally to the upside...i still am "counter-trend" as i believe the trend to be up with a possible market close above or very close to 1.3000...this week and last week is more of a stabilizing a bottom...
I believe you are correct about us going up today, maybe even a little tomorrow depending on the close, but folks are scared and I can't imagine many leaving their trade open over the weekend, which means panic selling tomorrow late morning/afternoon.

At least - that's what I'm looking to happen, but it's all speculation. I'm just looking for a test of the 1.27xx area so I can get into a sweet short position.
  • #46,430
  • Nov 20, 2008 12:18pm Nov 20, 2008 12:18pm
Quoting cobraforex
...Second screenshot buy signal on my THV 5M chart
And yes, it works
Finally got a move THV could trade!
  • #46,431
  • Nov 20, 2008 12:22pm Nov 20, 2008 12:22pm
Why the quick drop? Paulson hasn't started speaking yet!
  • #46,432
  • Nov 20, 2008 12:24pm Nov 20, 2008 12:24pm
Quoting TradeWell
Why the quick drop? Paulson hasn't started speaking yet!
Maybe they are getting their 'sell' finger warmed up?
  • #46,433
  • Nov 20, 2008 12:28pm Nov 20, 2008 12:28pm
Quoting dwildes
I believe you are correct about us going up today, maybe even a little tomorrow depending on the close, but folks are scared and I can't imagine many leaving their trade open over the weekend, which means panic selling tomorrow late morning/afternoon.

At least - that's what I'm looking to happen, but it's all speculation. I'm just looking for a test of the 1.27xx area so I can get into a sweet short position.
But 1.30 would even be a sweeter short!
  • #46,434
  • Nov 20, 2008 12:30pm Nov 20, 2008 12:30pm
Quoting TradeWell
But 1.30 would even be a sweeter short!
that it would - I just don't think it's got enough juice to make it that far up.
If it does though, Christmas will come early!!! *haha*
  • #46,435
  • Nov 20, 2008 12:40pm Nov 20, 2008 12:40pm
Quoting TradeWell
But 1.30 would even be a sweeter short!
i really hope tht happens
  • #46,436
  • Nov 20, 2008 12:40pm Nov 20, 2008 12:40pm
gud nite 2 u all from dubai had an okay day 2day hope 2 cu all 2morow bye
  • #46,437
  • Nov 20, 2008 12:41pm Nov 20, 2008 12:41pm
Look at it go all over the place, like nervous crackhead.
  • #46,438
  • Nov 20, 2008 12:45pm Nov 20, 2008 12:45pm
Quoting HarshFX
Look at it go all over the place, like nervous crackhead.
as ak4x would say...this gets my vote for post of the day
Different opinions highly valued, ignorant to slander.
  • #46,439
  • Nov 20, 2008 12:47pm Nov 20, 2008 12:47pm
Hi All,

What time does the Eur/USD closes on Friday please?

Some software has close for Eur/USD at 17 pm NY time. For example Genesis and MetaTrader 4.

But is some online chartsfor example dailyFX.com there is close for EUR/USD 16pm NY time on Friday.

So I have in MetaTrader and Genesis one extra hour.


So this is the reason why I can have different weekend Gap.

Please what time is official close for Friday Forex session?
Please can anyone advise me and explain this?

Thank you very much
  • #46,440
  • Nov 20, 2008 12:52pm Nov 20, 2008 12:52pm
Quoting psiholog
as ak4x would say...this gets my vote for post of the day
After all this .... a little wouldn't hurt.
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