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  • #51,101
  • Dec 17, 2008 2:47pm Dec 17, 2008 2:47pm
Do I see 1.6 in our near future.......

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It's All About Attitude ...
  • #51,102
  • Dec 17, 2008 2:58pm Dec 17, 2008 2:58pm
Someone who had too much to drink looking at a glass ball.
  • #51,103
  • Dec 17, 2008 3:05pm Dec 17, 2008 3:05pm
Now USD/CHf falling like rock, and it will. So I try to make safe Entry for about 300 pips more.
It's difficult to make Entry with 15 pips S/L. I can not catch channel.
If you are in huge profit, just use your own indicators and add. It's more difficult if you just start building your position now.
I can give you safe Entry, but it could do not reach and will go more fallow trend.

EUR/USD Buy near 1.4207
USD/CHF Sell near 1.0897
NZD/USD Buy near 0.5853
AUD/USD Buy near 0.6915
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  • #51,104
  • Dec 17, 2008 3:07pm Dec 17, 2008 3:07pm
Maybe....but who (short e/u traders) would have thought that e/u would be at 1.4410 in less than 9 days...........I bet their balls are feeling like glass.....

Quoting ranger_lp
Someone who had too much to drink looking at a glass ball.
It's All About Attitude ...
  • #51,105
  • Dec 17, 2008 3:14pm Dec 17, 2008 3:14pm
Quoting cesare76fx
I wonder why many traders go short in a market like this, some other prefer to stay out, which I always admire. To me it was obvious that if every 4hr candle has been bullish for days, no lowerlows in any chart for today ( 1hr, 15min, 5min...), and all TL, resistance and major fibs taken off, we are going up, aren't we, I learned not to believe in over/under/bought-sold.
I was actually waiting for something to come out of a range and trade a trendy day.

Posted this on the 11th of Dec, didn't take short since then, I regret I didn't hold positions as the volatility was high and I even took some small loss with longs, but overall, great!
Done for this year I hope, unless this pair keeps going which will make it difficult for me to stop pipping
  • #51,106
  • Dec 17, 2008 3:18pm Dec 17, 2008 3:18pm
I think this is what most of the dollar strength people have been fearing the most. This means that the nasty door to hyperinflation has been opened.

http://www.bloomberg.com/apps/news?p...GxE&refer=home

This has some really serious effects, for example deleveraging - if the dollar is no more considered a safe haven, the deleveraging will move gold or euro up, not dollar.
  • #51,107
  • Dec 17, 2008 3:29pm Dec 17, 2008 3:29pm
Quoting steelhead
I wont be around to see it but if that happens i will buy you a beer. In my opinion that analysis is insane
I concur.
  • #51,108
  • Dec 17, 2008 3:55pm Dec 17, 2008 3:55pm
Well I can 99 percent guarantee that tomorrow will be a down day, I just finished analyzing today. Sorry I am not going to reveal my technique, but there is a definite diversion going on here.
  • #51,109
  • Dec 17, 2008 3:58pm Dec 17, 2008 3:58pm
Quoting iii
Well I can 99 percent guarantee that tomorrow will be a down day, I just finished analyzing today. Sorry I am not going to reveal my technique, but there is a definite diversion going on here.
Do you vouch for GU as well?
  • #51,110
  • Dec 17, 2008 3:58pm Dec 17, 2008 3:58pm
Quoting iii
Well I can 99 percent guarantee that tomorrow will be a down day, I just finished analyzing today. Sorry I am not going to reveal my technique, but there is a definite diversion going on here.
If you want to stand in front of a steamroller, good luck!
If it's too good to be true, it probably is.
  • #51,111
  • Dec 17, 2008 4:02pm Dec 17, 2008 4:02pm
Quoting iii
Well I can 99 percent guarantee that tomorrow will be a down day, I just finished analyzing today. Sorry I am not going to reveal my technique, but there is a definite diversion going on here.
99%.....man with this attitude u are doomed in forex..trade what u see when u see it.....dont try and predict the market b4 its time, there isnt a bearish signal, infact its looking like a trend reversal....
  • #51,112
  • Dec 17, 2008 4:06pm Dec 17, 2008 4:06pm
Quoting iii
Well I can 99 percent guarantee that tomorrow will be a down day, I just finished analyzing today. Sorry I am not going to reveal my technique, but there is a definite diversion going on here.
damn... I am not going to be able to sleep now because I don't know your technique...
  • #51,113
  • Dec 17, 2008 4:06pm Dec 17, 2008 4:06pm
Quoting hitman047
Do you vouch for GU as well?
Also, what targets are you expecting.
I do not vouch for GU, and as far as target goes I am expecting 1.38 or lower.
  • #51,114
  • Dec 17, 2008 4:08pm Dec 17, 2008 4:08pm
Quoting nAVIN2007
99%.....man with this attitude u are doomed in forex..trade what u see when u see it.....dont try and predict the market b4 its time, there isnt a bearish signal, infact its looking like a trend reversal....
http://www.bloomberg.com/apps/news?p...GxE&refer=home

They expect EU to hit 1.4860 when Fed starts purchasing debt.
  • #51,115
  • Dec 17, 2008 4:09pm Dec 17, 2008 4:09pm
iii, What do you predict as the highest high of today?
/ ... clarifying decisions ... /
  • #51,116
  • Dec 17, 2008 4:10pm Dec 17, 2008 4:10pm
*teaful* cant we all just get along.. *opening another 40 oz.. deep drag on crackpipe*
those who can, do. those who cant, talk about those who can
  • #51,117
  • Dec 17, 2008 4:12pm Dec 17, 2008 4:12pm
what was support... becomes resistance... but since it is a sloped resistance doesn't mean to stop it going up....
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  • #51,118
  • Dec 17, 2008 4:13pm Dec 17, 2008 4:13pm
Quoting hitman047
http://www.bloomberg.com/apps/news?p...GxE&refer=home

They expect EU to hit 1.4860 when Fed starts purchasing debt.
well im not 99% sure of anything but shorting this pair would be crazy eur is being bought like crazy!
  • #51,119
  • Dec 17, 2008 4:14pm Dec 17, 2008 4:14pm
Quoting nAVIN2007
99%.....man with this attitude u are doomed in forex..trade what u see when u see it.....dont try and predict the market b4 its time, there isnt a bearish signal, infact its looking like a trend reversal....
So true. Nobody can really "predict" anything.
  • #51,120
  • Dec 17, 2008 4:15pm Dec 17, 2008 4:15pm
Quoting walb99
iii, What do you predict as the highest high of today?
well I am not as sure about this prediction, however I expect it to reach 1.4525-85 I already have shorts around those levels.
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