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  • #58,221
  • Jan 22, 2009 8:36am Jan 22, 2009 8:36am
it is... dont complicate it.. watch next weeks and months.. and last weks and months..U.S. population is holding dollars. not spending sheit.. the rest followed... and we now are spending less... she all i said will continue for a while.. and even if we all spent today.. it would take a long to to correct... your on a wave..
those who can, do. those who cant, talk about those who can
  • #58,222
  • Jan 22, 2009 8:37am Jan 22, 2009 8:37am
Quoting Techmanff
1.2888 looks good!!
But I'm looking at 1.2960 level.
1.2888 is my next S/R. If the downward trend continues, my next target is 1.2856. But, P/A is hanging around the 1.2929 area. If P/A decides to retract, I'm probably will aim for 1.3000
  • #58,223
  • Jan 22, 2009 8:38am Jan 22, 2009 8:38am
Quoting Techmanff
1.2888 looks good!!
But I'm looking at 1.2960 level.
1.2968 is strong resistance.
  • #58,224
  • Jan 22, 2009 8:39am Jan 22, 2009 8:39am
Thanks. Looking foward to it. And yes, I love AccuCharts....especially the availability of colors to choose from, make chart much better to look at since we are looking at them for hours every day


Quoting ak4x
Yes it's Accucharts from FXsol. love them...

BB's are different, i'd tell you what they are, but accucharts just blew up. my 2m thru 6m use 11 and 12 for the 20m. ihr is 14 or 15, and no idea right now what the 2hr was. i'll pm you later when they come back up to make you get the setting.

The "M" pivots are part of the pivot tool on accucharts. You can go to http://www.actionforex.com/technical...-200603205734/ for the 5pm pivots or some add on pivot tools have them. Important thing is that...
  • #58,225
  • Jan 22, 2009 8:39am Jan 22, 2009 8:39am
Quoting Jhig
1.2888 is my next S/R. If the downward trend continues, my next target is 1.2856. But, P/A is hanging around the 1.2929 area. If P/A decides to retract, I'm probably will aim for 1.3000
Looks like P/A decided to retrace.
  • #58,226
  • Jan 22, 2009 8:42am Jan 22, 2009 8:42am
Good afternoon lads. I have created a poll here: How many mips do you aim to make per week. I'm interested in what people are aiming for in here.
Probability Professor
  • #58,227
  • Jan 22, 2009 8:44am Jan 22, 2009 8:44am
Quoting gatorinla
it is... dont complicate it.. watch next weeks and months.. and last weks and months..U.S. population is holding dollars. not spending sheit.. the rest followed... and we now are spending less... she all i said will continue for a while.. and even if we all spent today.. it would take a long to to correct... your on a wave..
I agree with you...plus there are not more tools to use against the situation. US confident is very low and people are not buying. The whole system is breaking down.
  • #58,228
  • Jan 22, 2009 8:45am Jan 22, 2009 8:45am
overall i still continue to short.
start short at 1.2970, Sell Limit at 1.3018.
Tp. 1.2844
  • #58,229
  • Jan 22, 2009 8:51am Jan 22, 2009 8:51am
Quoting John Lo
1.2968 is strong resistance.
Yeah...She doesn't want to move!
Setting a target is complicated.
I guess it's time for scalping.
  • #58,230
  • Jan 22, 2009 8:52am Jan 22, 2009 8:52am
still gonna be ups and downs... but overall ... but trade deficit is going down... strengthening U.S.D. .. oil purchased mostly in dollars.. making oil more expencive to rest of world excluding japan.. driven down oil demand and price...but lower price then means more can buy oil cause its cheaper/and this increases demand i know...... but then at the same us deficit goes down further strengthens dollar....but the kicker oil got cheaper but only for usd so still high for most currency....things wont change till U.S. consumer with strong dollar start buying more cheap crap from chindia..and we aint spending yet...that why U.S. has to be the first out before world turns around... but i think U.S. finally got a shot of reality and may save more percentage of cash, even after this ends..
those who can, do. those who cant, talk about those who can
  • #58,231
  • Edited 9:10am Jan 22, 2009 8:56am | Edited 9:10am
Quoting gatorinla
it is... dont complicate it.. watch next weeks and months.. and last weks and months..U.S. population is holding dollars. not spending sheit.. the rest followed... and we now are spending less... she all i said will continue for a while.. and even if we all spent today.. it would take a long to to correct... your on a wave..
jpy is going where it came from
usd is going where it came from too
no more risk worth it around any more
over leveraged assets bursting all over the place (esp EZ and uk)
this has nothing to do with usd strength
this is just fear

and definitely the us will not be the first

"trade deficit is going down"
how can us pay all the trilions if it doesnt produce but only import
having a strong currency in these times is pure suicide

i am out of this conversation
  • #58,232
  • Jan 22, 2009 8:57am Jan 22, 2009 8:57am
1.3000 target reached
  • #58,233
  • Jan 22, 2009 8:58am Jan 22, 2009 8:58am
Quoting Jhig
1.3000 target reached
If uptrend continues, next target im looking at is 1.3090
  • #58,234
  • Jan 22, 2009 9:02am Jan 22, 2009 9:02am
Quoting arthurb
jpy is going where it came from
usd is going where it came from too
no more risk worth it around any more
over leveraged assets bursting all over the place (esp EZ and uk)
this has nothing to do with usd strength
this is just fear

and definitely the us will not be the first
i agree to disagree... but if i was a ausie id get used to roo burgers more then once a week.. *L*
those who can, do. those who cant, talk about those who can
  • #58,235
  • Jan 22, 2009 9:03am Jan 22, 2009 9:03am
very strange price action!!

What make eur/usd spike to 3000 and back in 4 min?
Vedanta - The End Of Knowledge. ~ J. Krishnamurti ~
  • #58,236
  • Jan 22, 2009 9:06am Jan 22, 2009 9:06am
Quoting Aloen
very strange price action!!

What make eur/usd spike to 3000 and back in 4 min?

Hillary's speech at the US State Department building?
  • #58,237
  • Jan 22, 2009 9:09am Jan 22, 2009 9:09am
Quoting Aloen
very strange price action!!

What make eur/usd spike to 3000 and back in 4 min?
Not only that!
I went down to 1.29 and then back to 1.30 and now is coming back again.
And I said she wasn't moving
  • #58,238
  • Jan 22, 2009 9:10am Jan 22, 2009 9:10am
Quoting Aloen
very strange price action!!

What make eur/usd spike to 3000 and back in 4 min?
That spike looked like a stop hunter as my 76.4 fib (1.2967) was hit three times before the sellers got cleared out by the spike- then back down again?
  • #58,239
  • Jan 22, 2009 9:12am Jan 22, 2009 9:12am
Quoting Aloen
very strange price action!!

What make eur/usd spike to 3000 and back in 4 min?
Sorry,

I just picked up $900 billion worth of USD in Virtual money.

That caused euro to fall flat.
  • #58,240
  • Jan 22, 2009 9:14am Jan 22, 2009 9:14am
Quoting junglelion
Sorry,

I just picked up $900 billion worth of USD in Virtual money.

That caused euro to fall flat.
MAybe a heads up, next time?
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