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EURUSD

  • #62,841
  • Feb 9, 2009 7:08am Feb 9, 2009 7:08am
next range targets 1.3040/60
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  • #62,842
  • Feb 9, 2009 7:10am Feb 9, 2009 7:10am
This out of topic... but i'm curious
Mr Whipple:
Nolite dormiens pungere ursum - - - - - >meaning???

Regards
  • #62,843
  • Feb 9, 2009 7:11am Feb 9, 2009 7:11am
Euro/Usd is overboguth according to FXStreet.com
  • #62,844
  • Feb 9, 2009 7:13am Feb 9, 2009 7:13am
[quote=FxCba;2525470]This out of topic... but i'm curious
Mr Whipple:
Nolite dormiens pungere ursum - - - - - >meaning???

Nolite dormiens pungere ursum = Do not poke the sleeping bears
  • #62,845
  • Feb 9, 2009 7:14am Feb 9, 2009 7:14am
I dont think this will hold above 1.3, not until something positive about Stimulus comes out from the Senate.

By the way 1.3019 is half way from this summers € all time high to parity. If we close the day above it, I think this could be the long term trend turning point.
  • #62,846
  • Feb 9, 2009 7:16am Feb 9, 2009 7:16am
Quoting FxCba
This out of topic... but i'm curious
Mr Whipple:
Nolite dormiens pungere ursum - - - - - >meaning???

Regards

A couple of enterprising souls have already gotten cookies for translating it already. but it means "don't poke sleeping bears"

It is on my coat of arms as my motto. I spend about half of my time in the 12th century playing dress up with a bunch of other like minded whackos in a group called the SCA (see sca.org try youtube search "gulfwars" for fun)
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,847
  • Feb 9, 2009 7:17am Feb 9, 2009 7:17am
Quoting nvcK
I dont think this will hold above 1.3, not until something positive about Stimulus comes out from the Senate.

By the way 1.3019 is half way from this summers € all time high to parity. If we close the day above it, I think this could be the long term trend turning point.
maximum untill 1.3100, further sell
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  • #62,848
  • Feb 9, 2009 7:18am Feb 9, 2009 7:18am
Quoting nvcK
I dont think this will hold above 1.3, not until something positive about Stimulus comes out from the Senate.

By the way 1.3019 is half way from this summers € all time high to parity. If we close the day above it, I think this could be the long term trend turning point.
never thought about that way... parity... i used last years lows...
those who can, do. those who cant, talk about those who can
  • #62,849
  • Feb 9, 2009 7:21am Feb 9, 2009 7:21am
Thank you Madonher and Mr Whipple
  • #62,850
  • Feb 9, 2009 7:28am Feb 9, 2009 7:28am
First we have to break this reisitance @ 1.3024 from the 50 4h fib and the s& r zone that looms there
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,851
  • Feb 9, 2009 7:29am Feb 9, 2009 7:29am
Sitting on the sidelines.

Think that the turning point may be 1.3089.

Don't know why I can't attach my chart but that figure is 61.8 on my FIBO.
  • #62,852
  • Feb 9, 2009 7:31am Feb 9, 2009 7:31am
Quoting CAnthonyMVE
well its at 2960 if it goes past 2975 its going to rally up in my opinion
If you did go Long here, it was the perfect place to get filled, well done.

Good Trading.
Good Trading. (keep it simple).
  • #62,853
  • Feb 9, 2009 7:35am Feb 9, 2009 7:35am
anyone have an idea of where to short at?
  • #62,854
  • Feb 9, 2009 7:36am Feb 9, 2009 7:36am
Quoting ThePipsMaker
Sitting on the sidelines.

Think that the turning point may be 1.3089.

Don't know why I can't attach my chart but that figure is 61.8 on my FIBO.
I agree but we still have to break the 50 solidly. I am showing a slowdown on the m5 with a few bearish looking candles. nothing definitive but it may form a bit of a top here. might move up, might stall out.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,855
  • Feb 9, 2009 7:43am Feb 9, 2009 7:43am
GU just hit fib 78.6 @ 1.4972 .. n i believe 1.500 is very strong pscyhis level
n EU start show slowing down, ..
let see what 1 hour candle closed tell us..
  • #62,856
  • Feb 9, 2009 7:43am Feb 9, 2009 7:43am
can we begin sell
  • #62,857
  • Feb 9, 2009 7:44am Feb 9, 2009 7:44am
Quoting CAnthonyMVE
anyone have an idea of where to short at?
1.3027, is the next area it will try and break above, if you are looking for a short which I am, look around here.

Good Trading.
Good Trading. (keep it simple).
  • #62,858
  • Feb 9, 2009 7:46am Feb 9, 2009 7:46am
Quoting MrWhipple
I agree but we still have to break the 50 solidly. I am showing a slowdown on the m5 with a few bearish looking candles. nothing definitive but it may form a bit of a top here. might move up, might stall out.
Nice.

If this bull pushes more, shorts may probably be only good for tomorrow but, I've never been comfortable with NY hours.

It's currently sitting very pretty on my 50.0Fibo at 1.3017.
  • #62,859
  • Feb 9, 2009 7:46am Feb 9, 2009 7:46am
i see the euro going higher
  • #62,860
  • Feb 9, 2009 7:49am Feb 9, 2009 7:49am
i notice the market useually moves up if the dow has some gains plus tomarrow we get news on the bailout so i think the dollor is going to take a hit
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