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EURUSD

  • #52,641
  • Dec 29, 2008 2:10am Dec 29, 2008 2:10am
what is the significance of the 50% retracement mentioned above? would price normally be rejected at that level?
  • #52,642
  • Dec 29, 2008 2:11am Dec 29, 2008 2:11am
just enough to trigger sl on longs
those who can, do. those who cant, talk about those who can
  • #52,643
  • Dec 29, 2008 2:16am Dec 29, 2008 2:16am
Quoting maneddi
what is the significance of the 50% retracement mentioned above? would price normally be rejected at that level?
could be resistance on way up, or could be new support after it breaks through, gotta wait and see
"i wake up in the morning, and i piss excellence"
  • #52,644
  • Dec 29, 2008 2:19am Dec 29, 2008 2:19am
could be lower volume over christmas manipulation raising price on the way down now too.
those who can, do. those who cant, talk about those who can
  • #52,645
  • Dec 29, 2008 2:24am Dec 29, 2008 2:24am
i'm out +3pips
  • #52,646
  • Dec 29, 2008 2:35am Dec 29, 2008 2:35am
Quoting sed34
that's why i was out last week and will probably be out this week also. Currency pairs are violating a lot of analysis.

i love violations
  • #52,647
  • Dec 29, 2008 2:38am Dec 29, 2008 2:38am
when will the dollar strenghten again???
  • #52,648
  • Dec 29, 2008 2:41am Dec 29, 2008 2:41am
Quoting robylakstia
when will the dollar strenghten again???
be careful there .. even all the usual analysis we always read is flipping to a euro bull stance now
  • #52,649
  • Dec 29, 2008 2:43am Dec 29, 2008 2:43am
According to the chart i see this pair is in the middle of a steady uptrend, and is testing fresh highs on a daily basis. The very important key resistant level of 1.4150 has been breached and the pair is likely to continue its bullish trend. The Slow Stochastic on the daily chart shows that there is still more room to run and that going long is probably the best choice today.
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  • #52,650
  • Dec 29, 2008 2:47am Dec 29, 2008 2:47am
May be after intrest cuts by Eurozone on 15th Jan.
  • #52,651
  • Dec 29, 2008 2:50am Dec 29, 2008 2:50am
What a great day to scalp, I'm out with $135 profit . Come back later on NY session.
  • #52,652
  • Dec 29, 2008 2:54am Dec 29, 2008 2:54am
USD yields is almost zippo now..

basic supply and demand..

lets think like the big boys... will you want your money to be earning zippo interest.. or something higher?

especially since the WHOLE world is in deep sh*t so it doesnt matter much geographically
  • #52,653
  • Dec 29, 2008 3:41am Dec 29, 2008 3:41am
Finally the patience has paid off. TP @ 4200, took some pips. Glad I've learned another lesson. So here's what I've got next. It should hit the resistance level at 4320 and after that, we'll see.

http://www.shrani.si/t/1w/io/1BTRKQT/sdfsdf.jpg
  • #52,654
  • Dec 29, 2008 3:47am Dec 29, 2008 3:47am
what hapend with OIL
  • #52,655
  • Dec 29, 2008 3:56am Dec 29, 2008 3:56am
Quoting pawe26
what hapend with OIL
oil is at a low right now.. im paying 1.40 for gallon of gas, i dont except get such good deal for long
  • #52,656
  • Dec 29, 2008 3:59am Dec 29, 2008 3:59am
Quoting pawe26
what hapend with OIL
ground attack.. apears to be started in israel... iran made coments about sending recruits to help ...all unconfirmed
those who can, do. those who cant, talk about those who can
  • #52,657
  • Dec 29, 2008 4:02am Dec 29, 2008 4:02am
Quoting Clouds
oil is at a low right now.. im paying 1.40 for gallon of gas, i dont except get such good deal for long
Spiked up $3, but that can change and go back down
http://www.livecharts.co.uk/MarketCharts/crude.php
  • #52,658
  • Dec 29, 2008 4:03am Dec 29, 2008 4:03am
defence minister says israel in all out war..
those who can, do. those who cant, talk about those who can
  • #52,659
  • Dec 29, 2008 4:06am Dec 29, 2008 4:06am
i mean, why oil go up 8% in 5min; any news?
thanks, i trade from mobile right now, hard to see something here
  • #52,660
  • Dec 29, 2008 4:13am Dec 29, 2008 4:13am
Quoting pawe26
i mean, why oil go up 8% in 5min; any news?
thanks, i trade from mobile right now, hard to see something here
i think 4% not 8%.
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