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EURUSD

  • #69,001
  • Feb 25, 2009 1:40am Feb 25, 2009 1:40am
Quoting Terminale
You dont know the "Marry me" strategy ? He collected green pips in the first rally. Now he want to collect exact number of red pip to balance his account .

Longing EU now with the shooting star in 1h . Madness . DJ will return to 7110 level today. Read my old posts . I said 2 day early that DJ will close below 7200 , then will bounce once that bernanke lie to congress. and then traders will notice his lie. and it will visit 69xx area.

Have a nice day.
Do you think most traders care about shooting star?

If only it were so simple.....
  • #69,002
  • Feb 25, 2009 1:44am Feb 25, 2009 1:44am
Like i´ve said yesterday seems that EU is preparing for a drop. I see 1.26 after some relief in this values. However, sustained break above 1.30 can provoque a shift in sentiment. In that case 1.33 first and then way up.

However, some consolidation lower is due here. 1.26 is an easy target at least in the 4Hr chart. If we stall around this area we are making a lower high from the last 4hour chart upmovement. The lower high and lower low will be confirmed with a visit to the round 1.26 number.
  • #69,003
  • Feb 25, 2009 1:44am Feb 25, 2009 1:44am
Quoting T.E.Lawrence
Do you think most traders care about shooting star?
No , they care about your position. Steve nison said : when you see a shooting star , Short . But when T.E.Lawrence is longing , dont fight with him . Long and collect red pips.

If they didnt cared about SS. then why the Weekly SS bringed us from 1.47 to this level ?
  • #69,004
  • Feb 25, 2009 1:48am Feb 25, 2009 1:48am
so far the trend line has not been broken yet....very close.....if this break below 1.2814....then a down trend is almost confirmed. If not...then we gonna see 1.3 figures.....Watch closely!
Collecting pips
  • #69,005
  • Feb 25, 2009 1:51am Feb 25, 2009 1:51am
Quoting Terminale
No , they care about your position. Steve nison said : when you see a shooting star , Short . But when T.E.Lawrence is longing , dont fight with him . Long and collect red pips.

If they didnt cared about SS. then why the Weekly SS bringed us from 1.47 to this level ?
Jesus, it's the first time in my forex career someone is concerned about me trading / my trading - why man? Everyone trades on his own with his own system, tools etc. And when he wins - he wins, not you; and when he loses - again it's not you. So why you care man?

You're just another guy for whom trading forex is so simple, heh?
  • #69,006
  • Feb 25, 2009 1:56am Feb 25, 2009 1:56am
Go down well now.

(my perception)

Good Trading.
Good Trading. (keep it simple).
  • #69,007
  • Feb 25, 2009 2:02am Feb 25, 2009 2:02am
Quoting T.E.Lawrence
Jesus, it's the first time in my forex career someone is concerned about me trading / my trading - why man? Everyone trades on his own with his own system, tools etc. And when he wins - he wins, not you; and when he loses - again it's not you. So why you care man?

You're just another guy for whom trading forex is so simple, heh?
I'm thinking North, wanted to see if we were on the same page without letting you know my reasoning, so as to create an objective opinion. Anywho, enjoy YOUR trade, try not to share positions you can't back up technically, actually I'd suggest you don't do them lol...
Live From Los Angeles
  • #69,008
  • Feb 25, 2009 2:04am Feb 25, 2009 2:04am
Looks like selling the rumor before the house sales figure.
  • #69,009
  • Feb 25, 2009 2:04am Feb 25, 2009 2:04am
Too much conflicting signs here!!
  • #69,010
  • Feb 25, 2009 2:04am Feb 25, 2009 2:04am
plane crash turkesh at dutch airport
those who can, do. those who cant, talk about those who can
  • #69,011
  • Feb 25, 2009 2:08am Feb 25, 2009 2:08am
Quoting BoredToLoose
Too much conflicting signs here!!

This is possibly the cleverst thing said here lately. This pair is a gamble...


regards
  • #69,012
  • Feb 25, 2009 2:10am Feb 25, 2009 2:10am
Quoting panhandler
I'm thinking North, wanted to see if we were on the same page without letting you know my reasoning, so as to create an objective opinion. Anywho, enjoy YOUR trade, try not to share positions you can't back up technically, actually I'd suggest you don't do them lol...
Well, after some time on this forum you'll realise not everyone, not every time, backup their trades technically (technically you can backup everything) - free conversation is also a part of this forum - so don't be so strict.
  • #69,013
  • Feb 25, 2009 2:17am Feb 25, 2009 2:17am
plane crash
http://www.reuters.com/article/newsO...51O2J020090225
Trade on your own risk Plan your trade&trade your plan dont be a
  • #69,014
  • Feb 25, 2009 2:18am Feb 25, 2009 2:18am
Quoting T.E.Lawrence
Well, after some time on this forum you'll realise not everyone, not every time, backup their trades technically (technically you can backup everything) - free conversation is also a part of this forum - so don't be so strict.
Here's my free conversation, ready for a bashing :-)

It's always fun to see the technical reasoning behind peoples trades. But in the end, for every technical reason someone is going long, there's someone else with a perfectly logical technical reason to go short. So in the end it comes down to dumb luck.

Sure the person that was "right" can say "see, I showed through my technical analysis that X would happen in the future and it did happen, so I'm smarter than everyone else!"

Nope, sorry, there was exactly the same chance that the person with the (completely logical) opposite view could have "guessed" right based on their "technical analysis," and then what would that make you.. stupid? Again, nope... just "unlucky" on this one.

So in the end... all the analysis, the charting, the debating over numbers is very fun an entertaining. And we love to say we "won" when we "guessed right." But it doesn't change the fact that you can never tell the future and you always will have a 50% chance of being right as to whether the price will go up or down.
  • #69,015
  • Feb 25, 2009 2:18am Feb 25, 2009 2:18am
quote=T.E.Lawrence;2562978]Well, after some time on this forum you'll realise not everyone, not every time, backup their trades technically (technically you can backup everything) - free conversation is also a part of this forum - so don't be so strict.[/quote]


...lets show some love guys...its a forum...anyone is free to share what they think...ofcourse we try to keep it in the euro lane as much as possible. Technical or not...i just love to see the different views from ppl.
Collecting pips
  • #69,016
  • Feb 25, 2009 2:19am Feb 25, 2009 2:19am
[EUR/USD] higher and so shaking off the slight negatives stemming from Moody's move to lower its outlook on Greece from positive to stable. The emphasis very much a Euro bid today though with Middle East buyers seen on several occasions, but a UK clearer and a German bank aggressive buyers from 1.2840 and trade now 1.2895-00. There is very loose talk abut a mass of stops above 1.3000 although early investigations by ourselves has traders quick to counter such rumours with evidence of plentiful supply into the very same level. This obviously more in keeping with a widely accepted 1.25-1.30 range assumption.
those who can, do. those who cant, talk about those who can
  • #69,017
  • Feb 25, 2009 2:21am Feb 25, 2009 2:21am
1.2811 resisting very strongly. Lets see, if it holds i think north is the path short term
  • #69,018
  • Feb 25, 2009 2:21am Feb 25, 2009 2:21am
Quoting T.E.Lawrence
Jesus, it's the first time in my forex career someone is concerned about me trading / my trading - why man? Everyone trades on his own with his own system, tools etc. And when he wins - he wins, not you; and when he loses - again it's not you. So why you care man?

You're just another guy for whom trading forex is so simple, heh?
I did said that about your trade. Just you make me laught when you said that traders dont care about shooting star.
  • #69,019
  • Feb 25, 2009 2:24am Feb 25, 2009 2:24am
[EUR/USD] higher and so shaking off the slight negatives stemming from Moody's move to lower its outlook on Greece from positive to stable. The emphasis very much a Euro bid today though with Middle East buyers seen on several occasions, but a UK clearer and a German bank aggressive buyers from 1.2840 and trade now 1.2895-00. There is very loose talk abut a mass of stops above 1.3000 although early investigations by ourselves has traders quick to counter such rumours with evidence of plentiful supply into the very same level. This obviously more in keeping with a widely accepted 1.25-1.30 range assumption.

didnt this happen pryer to 911? just curious..
those who can, do. those who cant, talk about those who can
  • #69,020
  • Feb 25, 2009 2:28am Feb 25, 2009 2:28am
[MOODY'S] has downgraded [GREECE'S A1 RATING OUTLOOK] to stable from positive previously, due to the agency's view that although the Eurozone state's ratings are well positioned an actual upgrade to the next category (Aa) is not likely in the next year to year and a half. The rest of the review recognises the adverse impact of the global slowdown on the Greek economy, but adds that Greece seems to be less impacted (negatively) than many of its peers on the same rating. This could keep Greek bonds on a recovery path relative to core Euroland paper, as Govt debt in general retreats in the face of the latest stock market recovery rally. Recall, the Greek/German 10 yr yield spread has been re-narrowing after blowing out to record wide levels recently on credit/sovereign default concerns. However, CDS spreads still look expensive with German's 5 yr default premium up again.
those who can, do. those who cant, talk about those who can
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