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EURUSD

  • #54,681
  • Jan 7, 2009 7:40am Jan 7, 2009 7:40am
eye´s on 3770-3780 for a first possibility of a minor retracement
The best thing that can happen to you is to find out where you're wrong.
  • #54,682
  • Jan 7, 2009 7:42am Jan 7, 2009 7:42am
Damned...when is this baby gonna dive
  • #54,683
  • Jan 7, 2009 7:43am Jan 7, 2009 7:43am
Quoting kris
I believe the long trend has finally ended.


MTF stochastics are pointing downwards.

Its going to be a short for me until 1.3300 like someone earlier on said.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #54,684
  • Jan 7, 2009 7:45am Jan 7, 2009 7:45am
Quoting Atondra
Damned...when is this baby gonna dive
stop dreaming, there is no dive in near future
  • #54,685
  • Jan 7, 2009 7:47am Jan 7, 2009 7:47am
we will however consolidate at 1.3753 before any fresh move.

the consolidation may extend till the NFP news time.
  • #54,686
  • Jan 7, 2009 7:48am Jan 7, 2009 7:48am
Quoting junglelion
stop dreaming, there is no dive in near future
Yup, the devastating ADP data sent the dollar diving, and the Euro leaping for fresh air...
  • #54,687
  • Jan 7, 2009 7:48am Jan 7, 2009 7:48am
Quoting junglelion
stop dreaming, there is no dive in near future
Oooo yeah...we'll see
  • #54,688
  • Jan 7, 2009 7:48am Jan 7, 2009 7:48am
.3746 is 38.2 retrace level of Highest high to low at .2329 as well as MR3 at .3747. From 1H chart line in the sand looks like red line on chart at.3711 if candle closes above this, doesn't look like much in the way until.3840 area.
Both down channel and up channel have been violated like a tramp atm.

Trade your chart or perish!
Attached Image (click to enlarge)
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  • #54,689
  • Jan 7, 2009 7:49am Jan 7, 2009 7:49am
Based on psychological thinking alone, most people will just be going long now, especially after the weakened USD.

As seen in all the USD crosses, the US has suffered alot.

But do watchout for the USD breakouts especially when NY open.

Furthermore this guy called ALG... u know that blog, his predictions seem to be correct after a large drawdown, you know wat i mean. It means if a trend is clearly down, and he says up, he means reversal soon! I went against him twice, and both suffered 200pips loss! So I decided to not ever trade against him again!

Now he says EURUSD long
"EUR/USD Buy near 1.3561"

So I will listen to him haha...
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  • #54,690
  • Jan 7, 2009 7:50am Jan 7, 2009 7:50am
I really do not understand from where are those ideas of short in this pair.

I am long with one position from yesterday at 1.3380 and I added new one long position today morning at 1.3460 and still hold that with stop losses in profit area 1.3570. Maybe it will give me better gift I expected

Good trading today, thanks and wish you the same.
Wish you a lot of great moments with those you love.
  • #54,691
  • Jan 7, 2009 7:51am Jan 7, 2009 7:51am
Quoting junglelion
Refer to my post here

http://www.forexfactory.com/showpost...ostcount=54537

and now tell me what do you see on your charts.









i warned you guys not to short.

this was easy money on the table.
To brag after the fact is as clever as to prognosticate on things we do not know.

Live to ride. Ride to live.
  • #54,692
  • Jan 7, 2009 7:52am Jan 7, 2009 7:52am
sell divergence around 3700-3800,
be care full
  • #54,693
  • Jan 7, 2009 7:53am Jan 7, 2009 7:53am
Quoting Naked
To brag after the fact is as clever as to prognosticate on things we do not know.

The post was made 5 hours ago
Jan 7, 2009 3:07pm (5 hr ago)

http://www.forexfactory.com/showpost...ostcount=54537
  • #54,694
  • Jan 7, 2009 7:53am Jan 7, 2009 7:53am
Quoting kris
But do watchout for the USD breakouts especially when NY open.
NY opened almost an hour ago...
Traders are smartasses
  • #54,695
  • Jan 7, 2009 7:54am Jan 7, 2009 7:54am
Quoting TIckerShuffl
Those currency experts on CNBC last night...

what a joke!
i see no difference here.
  • #54,696
  • Jan 7, 2009 7:56am Jan 7, 2009 7:56am
Quoting Yohay
Yup, the devastating ADP data sent the dollar diving, and the Euro leaping for fresh air...
Going by technical this news was expected.
  • #54,697
  • Jan 7, 2009 7:56am Jan 7, 2009 7:56am
Quoting junglelion
The post was made 5 hours ago
Jan 7, 2009 3:07pm (5 hr ago)

http://www.forexfactory.com/showpost...ostcount=54537
That was a good call Junglelion.
What methodology did you use to arrive at the call?

Thanks!
  • #54,698
  • Jan 7, 2009 7:58am Jan 7, 2009 7:58am
Quoting kris
Furthermore this guy called ALG... u know that blog, his predictions seem to be correct after a large drawdown, you know wat i mean. It means if a trend is clearly down, and he says up, he means reversal soon! I went against him twice, and both suffered 200pips loss! So I decided to not ever trade against him again!

Now he says EURUSD long
"EUR/USD Buy near 1.3561"

So I will listen to him haha...
That when it was 1.3561 bro.
Now it is nearly 200 pips up from that price.
  • #54,699
  • Jan 7, 2009 7:58am Jan 7, 2009 7:58am
What pattern r u referring to? The inverted H & S or another pattern?



Quoting junglelion
The post was made 5 hours ago
Jan 7, 2009 3:07pm (5 hr ago)

http://www.forexfactory.com/showpost...ostcount=54537
  • #54,700
  • Jan 7, 2009 7:58am Jan 7, 2009 7:58am
Quoting junglelion
The post was made 5 hours ago
Jan 7, 2009 3:07pm (5 hr ago)

http://www.forexfactory.com/showpost...ostcount=54537

It was deadcat that made me .... i am 125 pips so far
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