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EURUSD

  • #65,281
  • Feb 15, 2009 9:45pm Feb 15, 2009 9:45pm
kiss my asspp missed my entry by that much.http://http://www.waswatching.com/ar.../CancerMan.jpg
those who can, do. those who cant, talk about those who can
  • #65,282
  • Feb 15, 2009 9:47pm Feb 15, 2009 9:47pm
strong friday weak/ asian session suday still in tacket for the most part..usd wise
those who can, do. those who cant, talk about those who can
  • #65,283
  • Feb 15, 2009 9:50pm Feb 15, 2009 9:50pm
this sucks.. missed my entry posted friday by 1.4 pips..........
those who can, do. those who cant, talk about those who can
  • #65,284
  • Edited 9:52pm Feb 15, 2009 9:50pm | Edited 9:52pm
EUR/USD 30 min down trendline acting as resistance. if we can close above it we could be back in the channel and close the gap. (See attached EUR/USD Chart).

Lets see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd.gif Size: 16 KB
  • #65,285
  • Feb 15, 2009 9:53pm Feb 15, 2009 9:53pm
Quoting Chicky
I second this question. Senior Members please let us know. This is $800 billion question.
Well, I don't know what qualifies anyone as "senior" member, but if age is a factor than I certainly qualify. To answer the question, IF I was taking a position in the waning moments of this past Friday, the decision to do so would have been based solely on my charts (as are all my trades). And my charts were clearly pointing down --
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-02-16_0041.png Size: 59 KB
  • #65,286
  • Feb 15, 2009 9:55pm Feb 15, 2009 9:55pm
Toyota Motor, the world’s largest (and therefore Japan’s largest), has announced a plan that would slash its domestic auto production by 54% over the next three months as both the Asian country and the U.S. continue into recession.
The move came as Q4 GDP in Japan fell the most since 1974, by -3.3%. Auto production in the 12 months through Jan. 31st plummeted by -27.9%. As such, the announcement by Toyota might add skepticism over the notion of an economy recovery at anytime soon.
you are the only one , who creates your reality .
  • #65,287
  • Feb 15, 2009 9:58pm Feb 15, 2009 9:58pm
Shorts are being loaded still, lets see if we can at least reach 1.2700
  • #65,288
  • Feb 15, 2009 9:58pm Feb 15, 2009 9:58pm
hi
i think at this week :
eurusd & gbpusd & gbpjpy & eur jpy is decline
you are the only one , who creates your reality .
  • #65,289
  • Feb 15, 2009 9:58pm Feb 15, 2009 9:58pm
oh shit!!! in now.. now what im gonna do!!! man the sails either a long voyage or a shipwreck...
those who can, do. those who cant, talk about those who can
  • #65,290
  • Feb 15, 2009 10:03pm Feb 15, 2009 10:03pm
Good morning Jay,I'm still waiting to drink that bloody limoncello bottle with you since one week,still having 3 positions opened heading 1.2700
  • #65,291
  • Feb 15, 2009 10:07pm Feb 15, 2009 10:07pm
Quoting gatorinla
oh shit!!! in now.. now what im gonna do!!! man the sails either a long voyage or a shipwreck...
does it look like we are on the way to test some lows?
What goes up... Must come down
  • #65,292
  • Feb 15, 2009 10:10pm Feb 15, 2009 10:10pm
Quoting Turhovach
Well, I don't know what qualifies anyone as "senior" member, but if age is a factor than I certainly qualify. To answer the question, IF I was taking a position in the waning moments of this past Friday, the decision to do so would have been based solely on my charts (as are all my trades). And my charts were clearly pointing down --
That means there is no secret to it. Thanks.

I accidently kept my GBP/USD shorts open over this weekend, and am glad I did.
The Thief of Wall Street
  • #65,293
  • Feb 15, 2009 10:12pm Feb 15, 2009 10:12pm
Quoting Legio_Ulpia
Good morning Jay,I'm still waiting to drink that bloody limoncello bottle with you since one week,still having 3 positions opened heading 1.2700
Hi Legio. I know it's heading down at the moment but I'm not in a trade and waiting for a long entry whenever this thing reverses.

Hmmmm...Limoncello. I'll need to fly over so we can drink it together
Not all sins are created equal
  • #65,294
  • Feb 15, 2009 10:15pm Feb 15, 2009 10:15pm
Quoting Jay Walker
Hi Legio. I know it's heading down at the moment but I'm not in a trade and waiting for a long entry whenever this thing reverses.

Hmmmm...Limoncello. I'll need to fly over so we can drink it together
Ok Jay no problem: you can do whatever you want after we reach 1.2700
  • #65,295
  • Feb 15, 2009 10:18pm Feb 15, 2009 10:18pm
Quoting Jay Walker
Hi Legio. I know it's heading down at the moment but I'm not in a trade and waiting for a long entry whenever this thing reverses.

Hmmmm...Limoncello. I'll need to fly over so we can drink it together
I am thinking same thing, looks like 2750 might be a strong res point.
What goes up... Must come down
  • #65,296
  • Edited 10:20pm Feb 15, 2009 10:18pm | Edited 10:20pm
Falling wedge on the 1hr suggests selling pressure is weakening.

EDIT: And the nice falling wedge on the daily suggests we may see a run up.
  • #65,297
  • Edited 10:21pm Feb 15, 2009 10:19pm | Edited 10:21pm
Quoting Legio_Ulpia
Ok Jay no problem: you can do whatever you want after we reach 1.2700

How do you come up with 1.2700 ?

I see support coming in at 1.2734 - 1.2721
  • #65,298
  • Feb 15, 2009 10:21pm Feb 15, 2009 10:21pm
Quoting NuckingFuts
Falling wedge on the 1hr suggests selling pressure is weakening.

EDIT: And the nice falling wedge on the daily suggests we may see a run up.
Hi Nucking. Mind sharing your chart on the Daily?
Not all sins are created equal
  • #65,299
  • Feb 15, 2009 10:23pm Feb 15, 2009 10:23pm
So what's the general consensus/forecast as to how Trichet's speech is going to go tomorrow?

You guys thinking another buy the rumor?


I'm long at 1.2748 tp: 1.2825 . The way I'm thinking is that the euro session, the speech, and the risk/reward is worth it to go in. I'm hoping for at least a partial close of gap tomorrow.
  • #65,300
  • Feb 15, 2009 10:24pm Feb 15, 2009 10:24pm
Quoting candlesticks
How do you come up with 1.2700 ?

I see support coming in at 1.2734 - 1.2721
U are right candle,1.2721 is a strong support area to be broken but I like challenges and I'm confident we can even go further down
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