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EURUSD

  • #63,521
  • Feb 10, 2009 9:26am Feb 10, 2009 9:26am
big move up
  • #63,522
  • Feb 10, 2009 9:30am Feb 10, 2009 9:30am
bull at least 1.3061
  • #63,523
  • Feb 10, 2009 9:32am Feb 10, 2009 9:32am
Quoting niejam
bull at least 1.3061
I concur and I think we might hit that closer to 11
What goes up... Must come down
  • #63,524
  • Feb 10, 2009 9:33am Feb 10, 2009 9:33am
Quoting yanick2nick
went long at 1.2992 pullback, waiting for the next move up at 11

im kinda scared to get in right now altho i do think its going higher
  • #63,525
  • Feb 10, 2009 9:35am Feb 10, 2009 9:35am
Quoting CAnthonyMVE
im kinda scared to get in right now altho i do think its going higher
I took some profit now trading smaller lots, I am not made of steel either...
What goes up... Must come down
  • #63,526
  • Feb 10, 2009 9:36am Feb 10, 2009 9:36am
Quoting yanick2nick
I took some profit now trading smaller lots, I am not made of steel either...
good job i predict a big move down after it hits its high
  • #63,527
  • Feb 10, 2009 9:36am Feb 10, 2009 9:36am
Quoting CAnthonyMVE
market is dangerous right now take my advice and sit it out until its stablizes
That's good ideal, keep waiting for clear trend....
The market is always right, but it is not never wrong!!!
  • #63,528
  • Feb 10, 2009 9:40am Feb 10, 2009 9:40am
H4 Analysis: Weak down trend
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 104 KB
  • #63,529
  • Feb 10, 2009 9:40am Feb 10, 2009 9:40am
Stocks (in NY) are not acting in a positive fashion, so far, this morning so EU longs should be cautiously optimistic and not overly optimistic.
  • #63,530
  • Feb 10, 2009 9:41am Feb 10, 2009 9:41am
Quoting CAnthonyMVE
good job i predict a big move down after it hits its high
What are you guestimates, and reasoning?
What goes up... Must come down
  • #63,531
  • Feb 10, 2009 9:41am Feb 10, 2009 9:41am
Short Limit at 1.3055


May scalp it though.
  • #63,532
  • Feb 10, 2009 9:44am Feb 10, 2009 9:44am
Quoting yanick2nick
What are you guestimates, and reasoning?
well im guessin its going to retest yesterdays high maby move a little higher so i may be shorting around 3090 3100 somewhere in that area but how far it will drop im not sure if anything like yesterday we can see 2830
  • #63,533
  • Feb 10, 2009 9:44am Feb 10, 2009 9:44am
DOW is coming down, and so some EUR pairs. It seems USD weakness. We are seein some selling in the 1.3051. If these levels are firm we can go down from here, completing the H & S structure.
  • #63,534
  • Feb 10, 2009 9:44am Feb 10, 2009 9:44am
Yeah, I have took profits as well, now open a smaller position (trying to scalp).
Why should be the top 1.3055?

Quoting Byrd
Short Limit at 1.3055


May scalp it though.
  • #63,535
  • Feb 10, 2009 9:48am Feb 10, 2009 9:48am
might be able to short soon looks like it just might not test yesterdays highs maby lower highs today and possably lower lows
  • #63,536
  • Edited 9:59am Feb 10, 2009 9:49am | Edited 9:59am
Quoting victor.velaz
Yeah, I have took profits as well, now open a smaller position (trying to scalp).
Why should be the top 1.3055?
Moved it to 1.3050 just for a nice round number. I'm thinking it'll retrace and I'll get filled.

Take a look at the chart for why I chose 1.3050 area.

Edit: Got filled as I typed
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 309 KB
  • #63,537
  • Feb 10, 2009 9:53am Feb 10, 2009 9:53am
if it makes it over 2057 i think it will retest if it doesnt we can most likley short
  • #63,538
  • Feb 10, 2009 9:56am Feb 10, 2009 9:56am
Quoting CAnthonyMVE
if it makes it over 2057 i think it will retest if it doesnt we can most likley short
you mean 3057, and i think right about 11 we'll be hitting 3060
What goes up... Must come down
  • #63,539
  • Feb 10, 2009 9:58am Feb 10, 2009 9:58am
Quoting yanick2nick
you mean 3057, and i think right about 11 we'll be hitting 3060
yea sorry it was a typo
  • #63,540
  • Feb 10, 2009 10:00am Feb 10, 2009 10:00am
I think it will retrace at least 1.3 for perfect move
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