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  • #71,041
  • Mar 4, 2009 7:04am Mar 4, 2009 7:04am
Quoting Terminale
Your TP is my entry. Bring it to me. so i can long it
Looks like it's going your way!

Good Trading.
Good Trading. (keep it simple).
  • #71,042
  • Mar 4, 2009 7:12am Mar 4, 2009 7:12am
Quoting Jasper
Looks like it's going your way!

Good Trading.
Price is going to R1: 1.25841
  • #71,043
  • Mar 4, 2009 7:14am Mar 4, 2009 7:14am
Quoting waynkon
Price is going to R1: 1.25841

pivot not R1
  • #71,044
  • Mar 4, 2009 7:17am Mar 4, 2009 7:17am
Quoting waynkon
Price is going to R1: 1.25841
1.2570 is what I see as resistance, and a poss to re-short.

Good Trading.
Good Trading. (keep it simple).
  • #71,045
  • Mar 4, 2009 7:21am Mar 4, 2009 7:21am
ADP Non-Farm Employment Change

Previous: -522K
Forecast: -620K

Actual: -697K

So its not good for $ and again eur/usd is going down :-) After move down it can rebounce up with even more steam. From 2560 way down to 2530.
  • #71,046
  • Mar 4, 2009 7:23am Mar 4, 2009 7:23am
on adp no movement...hmmm..something strange going on
  • #71,047
  • Mar 4, 2009 7:29am Mar 4, 2009 7:29am
Quoting Jasper
1.2570 is what I see as resistance, and a poss to re-short.

Good Trading.
Thank u essenza for the correction.
Thats what I see translated into a 5 year old drawing
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  • #71,048
  • Mar 4, 2009 7:30am Mar 4, 2009 7:30am
Yesterday I was counter trend long at 1.2550 to 1.2587

Today I am now short 1.2550. Some of you think I could have gotten a better entry but I feel like there is just a bit of protection above in case it goes against.

I also short NZD/USD at .4994 and .5000
+ Charts Happen
  • #71,049
  • Mar 4, 2009 7:30am Mar 4, 2009 7:30am
Quoting sphinx
on adp no movement...hmmm..something strange going on
I guess there's no shock value anymore when the numbers are bad.
  • #71,050
  • Mar 4, 2009 7:31am Mar 4, 2009 7:31am
Quoting sphinx
on adp no movement...hmmm..something strange going on

looking at UJ it seems the japanese sell all the euro they have and buying usd just my thought
  • #71,051
  • Mar 4, 2009 7:34am Mar 4, 2009 7:34am
Quoting Passholder
Yesterday I was counter trend long at 1.2550 to 1.2587

Today I am now short 1.2550. Some of you think I could have gotten a better entry but I feel like there is just a bit of protection above in case it goes against.

I also short NZD/USD at .4994 and .5000
Daily technicals show an uptrend!
The trend is ur friend
So am I, I am not trying to be rude... just a though
Cheerz

Happy pippz
  • #71,052
  • Mar 4, 2009 7:35am Mar 4, 2009 7:35am
Not sure but a possible reversal to price, negative divergence on the histogram.
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Forex Price Action Hacked - Price Action Rockstar
  • #71,053
  • Mar 4, 2009 7:43am Mar 4, 2009 7:43am
I'm watching that spike above 2546 on m15 and don't believe in it. What do you reckon ? Maybe Euro will wait for ISM Non-Manufacturing PMI.

Besides, I have a strange feeling that we're going south after all.
  • #71,054
  • Mar 4, 2009 7:44am Mar 4, 2009 7:44am
Quoting waynkon
Daily technicals show an uptrend!
The trend is ur friend
So am I, I am not trying to be rude... just a though
Cheerz

Happy pippz
How did you see an uptrend on the daily chart? Its an obvious down trend on the daily. What technical method are you using to see daily is in the uptrend?? just curious.
Collecting pips
  • #71,055
  • Mar 4, 2009 7:47am Mar 4, 2009 7:47am
Quoting Suj_cess
How did you see an uptrend on the daily chart? Its an obvious down trend on the daily. What technical method are you using to see daily is in the uptrend?? just curious.
Probably Wishful Thinking (WT) indicator plotted on a daily chart.:nerd:
  • #71,056
  • Mar 4, 2009 7:49am Mar 4, 2009 7:49am
Quoting waynkon
Daily technicals show an uptrend!
The trend is ur friend
So am I, I am not trying to be rude... just a though
Cheerz

Happy pippz
What DAILY trend is in an uptrend ???

I was late to respond but had to get the wifey out the door. LOL
+ Charts Happen
  • #71,057
  • Mar 4, 2009 7:49am Mar 4, 2009 7:49am
long biased are subject to abrupt violent bear move at anytime, any price with no mercy .that's what have been going on.keep that in mind unless you're a good scalper.
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #71,058
  • Mar 4, 2009 7:50am Mar 4, 2009 7:50am
Quoting Suj_cess
How did you see an uptrend on the daily chart? Its an obvious down trend on the daily. What technical method are you using to see daily is in the uptrend?? just curious.
I did'nt mean daily chart...of course on the long term it is still bearish in the near futur.


Check my 15M chart, what I wanted to show is from yesterday's asian session the price was @1.24615 and following an uptrend channel....

As for my technicals they r limited ( pivot points, support and resistance)

Cheerz
  • #71,059
  • Mar 4, 2009 7:51am Mar 4, 2009 7:51am
Your monitor is upside down!

http://img518.imageshack.us/img518/152/exampleyd7.jpg

  • #71,060
  • Mar 4, 2009 7:54am Mar 4, 2009 7:54am
Quoting waynkon
I did'nt mean daily chart...of course on the long term it is still bearish in the near futur.


Check my 15M chart, what I wanted to show is from yesterday's asian session the price was @1.24615 and following an uptrend channel....

As for my technicals they r limited ( pivot points, support and resistance)

Cheerz
So from this "Daily technicals show an uptrend! The trend is ur friend " we were supossed to translate that on our own to "Check the 15m chart from the asian session."?
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