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EURUSD

  • #66,321
  • Feb 18, 2009 1:09pm Feb 18, 2009 1:09pm
Beware of shorts on EURO.

Next stop 1.35
  • #66,322
  • Feb 18, 2009 1:11pm Feb 18, 2009 1:11pm
why?
  • #66,323
  • Feb 18, 2009 1:12pm Feb 18, 2009 1:12pm
Quoting gatorinla
most are short and i see the reasoning. im not disputing why and agree with them under normal circumstances. But keep in mind none of us have been here before.. monthy chart has a big W started around june 2008... indicating this lower movement could turn north at any time or after going south hundreds of pips.we have yet to cross trendline from oct... october low would still be in line with the monthly W..oct low or just a little closer to it could be a double bottom...also we have been here in 2004 and 2006 and lots of consolidation in 96...but...
As i said early. The big money have their buy limits around 1.2475. The W could be established and the Uptrend resumed. I dont see anymore why USD will stronger anymore. The US economy is doomed , they failed to save their industrie. Look Like GM like to get Bailouted every time. So soon i expect to See the FED itself getting problem ( Who will provide them ink to print the Bills ) if all is damn doomed.
  • #66,324
  • Feb 18, 2009 1:13pm Feb 18, 2009 1:13pm
Price action today didn't comfirm that daily breakout South. A move up is possible from here.
  • #66,325
  • Feb 18, 2009 1:13pm Feb 18, 2009 1:13pm
Guarde por favor el español a un mínimo para nosotros las personas de habla inglesa del gringo
  • #66,326
  • Feb 18, 2009 1:14pm Feb 18, 2009 1:14pm
Forex Factory now has a group on Facebook.

the name of the group is called Forex Factory in case you were wondering.
Not to be confused with the FF fan club.
Just Trade It
  • #66,327
  • Feb 18, 2009 1:16pm Feb 18, 2009 1:16pm
Quoting SunTrader
Guarde por favor el español a un mínimo para nosotros las personas de habla inglesa del gringo

Hey Sun Trader. I didn't know you spoke Floridian.

Hows life down there?
Just Trade It
  • #66,328
  • Feb 18, 2009 1:17pm Feb 18, 2009 1:17pm
flip a coin... equitys up or down..im thinking down big today.. equal or lower then last year..lets see if euro follows..
those who can, do. those who cant, talk about those who can
  • #66,329
  • Feb 18, 2009 1:17pm Feb 18, 2009 1:17pm
long again off 1.2555. Trading news is simple in nature. If what was said was bearish, it would have pushed the market towards the lows already as currently that direction faces the most resistance. Since what was mentioned was mostly inflation outlooks and the expection is for inflation to remain quite low for some time, this should lift the euro up a bit. Another small long with my usual 50pip stop loss...target around the 1.2600 level. It is very possible we are developing an inverted h&s on the 15min chart with the neckline at 1.2625 and the right shoulder to be formed later at 1.2565. If we continue south now and a W develops..my stop loss is below the current low so only a strong move south will take me out..risk worth taking given my position size. Good pippin all..i am out of here for a while
Different opinions highly valued, ignorant to slander.
  • #66,330
  • Feb 18, 2009 1:18pm Feb 18, 2009 1:18pm
Still in short @ 1.2564, projected TP @ 1.2529.
  • #66,331
  • Feb 18, 2009 1:19pm Feb 18, 2009 1:19pm
I'm from Argentina !
So, here you see another "spanish speaker". I wish to helps everyone, but I'm very new on this. I have a Demo account by now. Let's see...

Mucha suerte para todos !
  • #66,332
  • Feb 18, 2009 1:19pm Feb 18, 2009 1:19pm
Quoting Big Wave Rider
Forex Factory now has a group on Facebook.

the name of the group is called Forex Factory in case you were wondering.
Not to be confused with the FF fan club.
thanks !!
Liz
  • #66,333
  • Feb 18, 2009 1:20pm Feb 18, 2009 1:20pm
A 5min or 15 min bar closing below 1.2546 should confirm a further downward move.

Good Trading.
Good Trading. (keep it simple).
  • #66,334
  • Feb 18, 2009 1:22pm Feb 18, 2009 1:22pm
I'm short from 1.2565, DJI is trading below again, giving me a bit more certanty on the direction... but this has been highly volatile afternoon.
Got to manually manage this.:nerd:
Traders are smartasses
  • #66,335
  • Feb 18, 2009 1:22pm Feb 18, 2009 1:22pm
Quoting SunTrader
Guarde por favor el español a un mínimo para nosotros las personas de habla inglesa del gringo
hhahaa sorry guys just trying to help no more Spanish
  • #66,336
  • Feb 18, 2009 1:29pm Feb 18, 2009 1:29pm
some of the only spanish i know the girl at the club liked and the lady in church got mad.. i dont know what it means..quiero extremos que grandes y no puedo estar
those who can, do. those who cant, talk about those who can
  • #66,337
  • Feb 18, 2009 1:29pm Feb 18, 2009 1:29pm
Market Internals update at 2:00pmET
- NYSE volume 805M shares, about 10% above its three-month average; decliners lead advancers by 2.3:1.
- NASDAQ volume 1.31B shares, about 6% above its three-month average; decliners lead advancers by 1.6:1.

Pretty even fight
Traders are smartasses
  • #66,338
  • Feb 18, 2009 1:31pm Feb 18, 2009 1:31pm
Quoting Lizeth_doll
thanks !!

your welcome
Just Trade It
  • #66,339
  • Feb 18, 2009 1:32pm Feb 18, 2009 1:32pm
Quoting Spsantos
I'm short from 1.2565, DJI is trading below again, giving me a bit more certanty on the direction... but this has been highly volatile afternoon.
Got to manually manage this.:nerd:
It's trying hard to go up, but I will be pleased if we get a 5 min close below1.2546.

Good Trading.
Good Trading. (keep it simple).
  • #66,340
  • Feb 18, 2009 1:32pm Feb 18, 2009 1:32pm
dono but goldmen big shots need some cash to pay margin calls..poetic justice..
those who can, do. those who cant, talk about those who can
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