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  • #50,061
  • Dec 12, 2008 1:21pm Dec 12, 2008 1:21pm
Quoting Fly2
think I'm calling the day .Don't want cheap wine anyway have a good 1
Toss one back for me would you

Cheers
  • #50,062
  • Dec 12, 2008 1:22pm Dec 12, 2008 1:22pm
Quoting Fly2
I did manage to grab those 12 pips. I think there may be just one more left.Debating if I want to downgrade the beer to cheap wine though heh
That was on the house plus something more more. Now all of this is going to your handsome neighbors house. See you after NY session.
The Thief of Wall Street
  • #50,063
  • Dec 12, 2008 1:28pm Dec 12, 2008 1:28pm
I'm long tight sl, will close next 5 min if nothing happen at 30 min candle
  • #50,064
  • Dec 12, 2008 1:32pm Dec 12, 2008 1:32pm
I have to say that i'm 80%+ biased for long now, inverse head and shoulders forming on 1H chart and price going up as we speak... BUT not yet 100% sure..

Entered a long position @ 1.33600 that i'll manage manually until it decides where it goes.
Traders are smartasses
  • #50,065
  • Dec 12, 2008 1:35pm Dec 12, 2008 1:35pm
dow/ s&p500 just broke through key support levels which may mean this was a headfake on eur/usd..careful pippin all or dont pip at all...personally im flat and will remain so for the day


Edit: stock market retreated quickly off key supports...heh quite the battle this friday after a hectic week...final hour will determine all
Different opinions highly valued, ignorant to slander.
  • #50,066
  • Dec 12, 2008 1:36pm Dec 12, 2008 1:36pm
Quoting Spsantos
I have to say that i'm 80%+ biased for long now, inverse head and shoulders forming on 1H chart and price going up as we speak... BUT not yet 100% sure..

Entered a long position @ 1.33600 that i'll manage manually until it decides where it goes.
me 2, my sl 3350
  • #50,067
  • Dec 12, 2008 1:37pm Dec 12, 2008 1:37pm
Quoting Spsantos
I have to say that i'm 80%+ biased for long now, inverse head and shoulders forming on 1H chart and price going up as we speak... BUT not yet 100% sure..

Entered a long position @ 1.33600 that i'll manage manually until it decides where it goes.
Your braver than me, looks like it can still go either way

Cheers
  • #50,068
  • Dec 12, 2008 1:48pm Dec 12, 2008 1:48pm
well, time to call it a day and enjoy the weekend. Who am I kidding? I'll be in forex withdrawals for the next 48 hours.

  • #50,069
  • Dec 12, 2008 1:50pm Dec 12, 2008 1:50pm
e/u may drop 200 pips few minutes before market is closing, nobody wants to hold longs over the weekend on these levels, I guess, but of course, everything is possible.
/ ... clarifying decisions ... /
  • #50,070
  • Dec 12, 2008 1:50pm Dec 12, 2008 1:50pm
Quoting geojams
well, time to call it a day and enjoy the weekend. Who am I kidding? I'll be in forex withdrawals for the next 48 hours.

me too


going fishing this weekend for the first time in ages to take my mind off forex lmao
Different opinions highly valued, ignorant to slander.
  • #50,071
  • Dec 12, 2008 1:57pm Dec 12, 2008 1:57pm
Quoting walb99
e/u may drop 200 pips few minutes before market is closing, nobody wants to hold longs over the weekend on these levels, I guess, but of course, everything is possible.
The DJI is trying to make a new high though at the moment.. the daily pivot is holding price back though at the moment and possible double top forming on 15M chart.. still could break either way..

DJI has been bouncing from weekly to daily pivot for last couple of hours..

EDIT: Then again the correlation isn't what it used to be.. with EU and DJI.. GY on the other hand.. it will more likely
make a larger move with the DOW

PS DOW just broke up above resistance
  • #50,072
  • Dec 12, 2008 2:13pm Dec 12, 2008 2:13pm
At the moment... and most of the day... for that matter most of the week...my fund buddies tell me this pair is being artificially propped up by some large names.

They don't know why.

You can see the trendline on the 15 minute.

Notice it hasn't come off yet?

Bank traders refusing to let it move south.

Mike
  • #50,073
  • Dec 12, 2008 2:13pm Dec 12, 2008 2:13pm
What a week for Euro with nice correlation with the Us$index. This week was all about the bull, and hope you all gained good profit from it. I am off till next year.

Cheers to you all, good holidays!
  • #50,074
  • Dec 12, 2008 2:17pm Dec 12, 2008 2:17pm
Quoting egkid
me 2, my sl 3350
higher my sl to 3360 now play safe to the end risk on money house
  • #50,075
  • Dec 12, 2008 2:19pm Dec 12, 2008 2:19pm
you might short now for 100 pips
  • #50,076
  • Dec 12, 2008 2:20pm Dec 12, 2008 2:20pm
Quoting acumen
At the moment... and most of the day... for that matter most of the week...my fund buddies tell me this pair is being artificially propped up by some large names.

They don't know why.

You can see the trendline on the 15 minute.

Notice it hasn't come off yet?

Bank traders refusing to let it move south.

Mike
They did a decent job at taking my money yesterday.. If i only had of been watching the 15 Min chart and the clean bounces off of the 20/21 MA I might have thought twice about shorting the "top"

Price still seems to be having a hard time getting above 134 ish

1.3405 -134.14 area seems to be tough resistance so far.. but looks like we may be heading for retest now.. if we can get over 1.3380
  • #50,077
  • Dec 12, 2008 2:21pm Dec 12, 2008 2:21pm
Swissy is icthing a bit...

I have a BE SL, eitherway will never leave the position over the weekend.

Have a nice weekend all of you!

P.S - And that swissy is moving a lot.
Traders are smartasses
  • #50,078
  • Dec 12, 2008 2:28pm Dec 12, 2008 2:28pm
final post for today. as things currently stand i see 3 possibilities coming next week.

1)a massive M in the making (reversal pattern which is 400pips in the making from top to bottom which creates the possibility for another 400pip drop

2)if the high gets decisively broken...next target is possibly 1.3735 (38.2% retracement from 1.6)

3) gap up or gap down which may lead to confusion or a continuation of this range between 1.33 and 1.34

On that note..have a nice weekend all...i am out of here


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Different opinions highly valued, ignorant to slander.
  • #50,079
  • Dec 12, 2008 2:32pm Dec 12, 2008 2:32pm
Quoting psiholog
final post for today. as things currently stand i see 3 possibilities coming next week.

1)a massive M in the making (reversal pattern which is 400pips in the making from top to bottom which creates the possibility for another 400pip drop

2)if the high gets decisively broken...next target is possibly 1.3735 (38.2% retracement from 1.6)

3) gap up or gap down which may lead to confusion or a continuation of this range between 1.33 and 1.34

On that note..have a nice weekend all...i am out of here


Attachment
Have a good weekend Bro! Don't forget to take plenty of bait and some beer
  • #50,080
  • Dec 12, 2008 2:43pm Dec 12, 2008 2:43pm
Quoting acumen
At the moment... and most of the day... for that matter most of the week...my fund buddies tell me this pair is being artificially propped up by some large names.

They don't know why.

You can see the trendline on the 15 minute.

Notice it hasn't come off yet?

Bank traders refusing to let it move south.

Mike
Can you please explain a little more
Best regards
/ ... clarifying decisions ... /
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