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EURUSD

  • #62,461
  • Feb 6, 2009 9:26am Feb 6, 2009 9:26am
t will not go down anymore it is up now and yes it will arrive to 1.2962 iam not in trade but that what i think
  • #62,462
  • Feb 6, 2009 9:26am Feb 6, 2009 9:26am
Quoting MrWhipple
next stop 1.3055?
sorry I haven't been around for a while and you guys don't know me anymore and I keep forgetting those damn smilies sorry again.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,463
  • Feb 6, 2009 9:29am Feb 6, 2009 9:29am
Quoting Forbes55
but it's going up by the way now
I noticed that right off. I'm usually off about 20 pips on my entry so I gave it room to run and have to readjust my targets. New first target 1.2847 or in that area.
  • #62,464
  • Feb 6, 2009 9:30am Feb 6, 2009 9:30am
besides it may be topping out. Looks like a bearish engulfing candle is forming up in the m15, and the m30 is showing dojis.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,465
  • Feb 6, 2009 9:31am Feb 6, 2009 9:31am
Quoting MrWhipple
besides it may be topping out. Looks like a bearish engulfing candle is forming up in the m15, and the m30 is showing dojis.
i see 2 large dojis. may it be a false one?
  • #62,466
  • Feb 6, 2009 9:31am Feb 6, 2009 9:31am
Quoting MrWhipple
sorry I haven't been around for a while and you guys don't know me anymore and I keep forgetting those damn smilies sorry again.

I've yet to find the "bite me" smiley face or the "Bah Humbug" smiley face myself.
  • #62,467
  • Feb 6, 2009 9:32am Feb 6, 2009 9:32am
notice it closed at daily resistance on a upward divergence
  • #62,468
  • Feb 6, 2009 9:33am Feb 6, 2009 9:33am
Quoting PipPipPip
for those who took short positions at peak earlier. be careful if you are scalping.
or not
  • #62,469
  • Feb 6, 2009 9:36am Feb 6, 2009 9:36am
i have question hope someone reply me
how some people know that eur wil still go down ????
and special to 1.22 or 1.24 and it will n go more then 1.3055???????????
  • #62,470
  • Feb 6, 2009 9:41am Feb 6, 2009 9:41am
Quoting Elghoz
i have question hope someone reply me
how some people know that eur wil still go down ????
and special to 1.22 or 1.24 and it will n go more then 1.3055???????????
the easy answer is support and resistance. go to www.babypips.com and read up on it or there are a couple of articles on this forum on it too.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,471
  • Feb 6, 2009 9:43am Feb 6, 2009 9:43am
Wow

No touchy
  • #62,472
  • Feb 6, 2009 9:44am Feb 6, 2009 9:44am
failed to reach strong upper resistance at 1.2915
  • #62,473
  • Feb 6, 2009 9:45am Feb 6, 2009 9:45am
Quoting TIckerShuffl
Wow

No touchy
exactly. didn't expect that comin hey? neither did I. im looking at resistance 3 now if the ballon gets loose.
  • #62,474
  • Feb 6, 2009 9:46am Feb 6, 2009 9:46am
oh god why this down big move 80 pip from 1.2915 to 1.2838 why and i see in 4 hour chart t is up does any one tell me why plz
  • #62,475
  • Feb 6, 2009 9:46am Feb 6, 2009 9:46am
Quoting TIckerShuffl
Wow

No touchy
Glad to see I ain't the only one who thinks the markets are wiggin today...
  • #62,476
  • Feb 6, 2009 9:46am Feb 6, 2009 9:46am
Quoting Elghoz
oh god why this down big move 80 pip from 1.2915 to 1.2838 why and i see in 4 hour chart t is up does any one tell me why plz
to simply answer your question, volatility.
  • #62,477
  • Feb 6, 2009 9:50am Feb 6, 2009 9:50am
1.29 zone is terribly strong, i´ve counted 7 shaved heads(30M chart) in the last few days starting in that area, representing strong selling.

Many of you can imagine why( in terms of market behaviour vs current conditions), but i will focus only in what that means. That means that the big forces are pushing the price up and loading shorts time after time. The break to lower values will be strong and i think that visiting the lower edge of the last downtrend is not so unlikely.

consolidation around 1.2825 when we get down and then 1.2790 i think. After that the 1.2750 zone and 1.27 eventually in a first attempt is not so likely.
  • #62,478
  • Feb 6, 2009 9:51am Feb 6, 2009 9:51am
th for reply me by the way is there any chat room to talk live
  • #62,479
  • Feb 6, 2009 9:53am Feb 6, 2009 9:53am
Quoting Elghoz
th for reply me by the way is there any chat room to talk live
The only ones I know involve naked women (see I got the smiles this time)
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,480
  • Feb 6, 2009 9:53am Feb 6, 2009 9:53am
By the way, its sad to see that the markets are rallying, with no conditions to do so. Everything seems to be a pretext for buying, just to sell one or two days later.

In therms of metaphors, the dow is a man who needs to get laid, so he goes with the first one that appears to him, no matter who. The consequences are, as always, headaches in the morning after

lol
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