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EURUSD

  • #69,921
  • Feb 27, 2009 11:55am Feb 27, 2009 11:55am
come on euro
you can do it
fall now quicker, that's the only best way for you
ROBOT FOREX
  • #69,922
  • Feb 27, 2009 12:00pm Feb 27, 2009 12:00pm
Quoting Forbes55
come on euro
you can do it
fall now quicker, that's the only best way for you
come onnnnnnnnnnnnnnnnnnn
lol
  • #69,923
  • Feb 27, 2009 12:03pm Feb 27, 2009 12:03pm
anyone opening shorts during the weekend?
  • #69,924
  • Feb 27, 2009 12:04pm Feb 27, 2009 12:04pm
Caught a nice bump from S1, come on S&P 750 is so close!
  • #69,925
  • Feb 27, 2009 12:05pm Feb 27, 2009 12:05pm
New strategy: Gawk at the chart, then do the total opposite of what I think I should do. Now all my losses become wins!
Live From Los Angeles
  • #69,926
  • Feb 27, 2009 12:08pm Feb 27, 2009 12:08pm
not much technical analysis to offer here, pa has been ranging...nothing more nothing less...we even pulled a geppy move earlier from swing low to swing high and now back to high. been flat sitting on my hands past few days and will continue doing so until sunday.

i will bring this back up again though because i paid closed attention to it since the month started and so far it seems valid. this monthly candlestick gapped down compared to the last month. The last month closed at 1.2800 or so. In other words, if we close this month filling in that gap with a close above 1.2800, today being the last day....it sets up a massive drop for next month down to 1.2000 easily. If we dont close above 1.2800 though or possibly gap up on sunday...next month will be just as bad as this one with maybe more volatility (higher range).

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Different opinions highly valued, ignorant to slander.
  • #69,927
  • Feb 27, 2009 12:20pm Feb 27, 2009 12:20pm
Next week should certainly be interesting. I see people arguing both sides of which way this pair will be headed. I am a purely technical trader so I will just wait for Monday and see what my charts look like. This wasn't the easiest week to trade, but I managed to close up about 3% for the week and just under 15% gain for the month. Hope everyone else is making some pips as well. Have a great weekend fellow euro traders!
  • #69,928
  • Feb 27, 2009 12:25pm Feb 27, 2009 12:25pm
Blue - Short Closed
Orange - Shorts Opened

I am done for today!

Price now in danger zone, as shorts concern, H1 closed above 1.2713.
Forex, Today resumes what it is, only maniacs trade it!!

There will be more surprises today, really don't know!!!
Attached Image
  • #69,929
  • Feb 27, 2009 12:30pm Feb 27, 2009 12:30pm
Quoting Chicky
Hi SunTrader,

Do you have high for Feb 24? mine shows a very steep spike, not sure if this was a data-feed error. Thanks
Chicky,

See chart for swing high I was referring to on the 23rd. I have no spike on the 24th though.

Sun
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  • #69,930
  • Feb 27, 2009 12:32pm Feb 27, 2009 12:32pm
This reminds me of last friday. Huge whipsaws on the Pound and Euro.
  • #69,931
  • Feb 27, 2009 12:34pm Feb 27, 2009 12:34pm
Quoting BoredToLoose
Blue - Short Closed
Orange - Shorts Opened

I am done for today!

Price now in danger zone, as shorts concern, H1 closed above 1.2713.
Forex, Today resumes what it is, only maniacs trade it!!

There will be more surprises today, really don't know!!!
I'm forex maniac and I push off now both pairs from this nasty mountain to bottom where they should be in crysis!
ROBOT FOREX
  • #69,932
  • Feb 27, 2009 12:35pm Feb 27, 2009 12:35pm
HS on the 10s and double tops on the 5m. Might take a dive before close...
  • #69,933
  • Feb 27, 2009 12:41pm Feb 27, 2009 12:41pm
Quoting F.x.
HS on the 10s and double tops on the 5m. Might take a dive before close...
10seconds!!!

Do you see shampoos on 10Seconds Charts! WOW

Forex is really wonderful, all kind of traders!!
  • #69,934
  • Feb 27, 2009 12:47pm Feb 27, 2009 12:47pm
Quoting SunTrader
Chicky,

See chart for swing high I was referring to on the 23rd. I have no spike on the 24th though.

Sun
Thanks Sun. Yes I noted you referred to Feb 23rd. My Oanda chart for Feb 24 shows a very very steep spike all the way upto 1.3182, only in Eur/USD. That why I thought it to be a datafeed error. Thanks for posting your chart.

By the way I just entered a small short position from 1.2699 just now, will close this very soon.
The Thief of Wall Street
  • #69,935
  • Feb 27, 2009 12:49pm Feb 27, 2009 12:49pm
Quoting BoredToLoose
10seconds!!!

Do you see shampoos on 10Seconds Charts! WOW

Forex is really wonderful, all kind of traders!!
:-)

I keep an eye on all the charts. Can't resist scalping the 10s when I see a good setup (like a double top w/ HS.) Sometimes turns into a longer-term play (like right now...) I scalped a few pips on a few positions and left one large position open at 2720 which I may or may not close before end of day.

On the longer term charts I'll be adding to long position. I think we're in for some more drops but it's a good time to start building that long position (slowly and with good MM of course!)
  • #69,936
  • Feb 27, 2009 12:57pm Feb 27, 2009 12:57pm
Quoting F.x.
:-)

I keep an eye on all the charts. Can't resist scalping the 10s when I see a good setup (like a double top w/ HS.) Sometimes turns into a longer-term play (like right now...) I scalped a few pips on a few positions and left one large position open at 2720 which I may or may not close before end of day.

On the longer term charts I'll be adding to long position. I think we're in for some more drops but it's a good time to start building that long position (slowly and with good MM of course!)
I keep my short in mind!!
I have a SL in order until end of day, 1.2766.
If I see some bull move I will short 1.2755/65 area!! to close number above.
May get me for a couple of pips, but will not last long!!
  • #69,937
  • Feb 27, 2009 12:58pm Feb 27, 2009 12:58pm
Quoting BoredToLoose
10seconds!!!

Do you see shampoos on 10Seconds Charts! WOW

Forex is really wonderful, all kind of traders!!
I favor the 5 seconds chart
New voice message: Why are you calling me? If I need you, I'll call you!
  • #69,938
  • Feb 27, 2009 12:59pm Feb 27, 2009 12:59pm
Quoting SunTrader
I know what I am doing next week. Waiting for the market to shows its hand...I.E. take out the swing low from 2/18/09 or the swing high from 2/23/09.
Exactly the same fib anchors I've been using since the 23rd on 2hr... no reason to use anything else yet, those are where it's at.
FUBAR...
  • #69,939
  • Feb 27, 2009 1:04pm Feb 27, 2009 1:04pm
What is the bias for next week?
Anyone?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #69,940
  • Feb 27, 2009 1:04pm Feb 27, 2009 1:04pm
750 on S&P shorts beware
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