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EURUSD

  • #74,681
  • Mar 12, 2009 9:43am Mar 12, 2009 9:43am
I just came back. Is it still a good idea to enter short?
  • #74,682
  • Mar 12, 2009 9:44am Mar 12, 2009 9:44am
Careful to those who are thinking of shorting.

Strong support at 1.2740.

I will only think of going short if 1H bar closes below it.
  • #74,683
  • Mar 12, 2009 9:44am Mar 12, 2009 9:44am
Quoting FXCapitalist
Short atleast to 1.2671
Agree, at least 1.2671, I'm looking for down more 1.2500.
The market is always right, but it is not never wrong!!!
  • #74,684
  • Mar 12, 2009 9:44am Mar 12, 2009 9:44am
Double bottom at 1.2730 ????
+ Charts Happen
  • #74,685
  • Mar 12, 2009 9:45am Mar 12, 2009 9:45am
Quoting gatorinla
driver said this a long time ago and timing is everything..lets hope its got legs.. it all depends on what type of trader you are. a scalper at this point may not be able to absorb the pain,, *L*
Yeah man, if it finds some support up there, he'll be a happy man. Personally I have to close my longs, or at least half of them. That would be too much profit to give back if it doesn't hold.
  • #74,686
  • Mar 12, 2009 9:45am Mar 12, 2009 9:45am
Quoting gatorinla
u still dont get it.. im not pro obama... just anti idiots. and ill give obama his honeymoon.. and after that he is game too...aparently you refuse to admit dollar is stronger during certain times in history..thats not political just a fact. if your gonna trade forex you need to put that tool in your belt..now do you want the kool-aid or not?
Well you stated that you are pro-government giving you other people's money...i.e Pro-Obama. And I do not not "refuse to believe" that the dollar is stronger during certain times...

I also have news for you..Obama knew that his popularity would give him the Honeymoon that you speak of, that is why he pushed this super-ultra-massive-Biggest In history-spending bill down our throats. He knew that no one in their right mind would pass it in any other circumstance. He probably could have started imprisoning certain races and invaded Poland and you guys would say "Well we have to do something, lets give him a chance".

I'll pass on the Kool Aid..but maybe you should start spiking it with some common sense for the lemmings out there.
  • #74,687
  • Mar 12, 2009 9:45am Mar 12, 2009 9:45am
Watch 1.2666!!

This number will tell us where price will go for next week!!
  • #74,688
  • Mar 12, 2009 9:46am Mar 12, 2009 9:46am
Quoting Jhig
WOW. 400 pips is 10 minutes (Usd/Chf)
What did we miss with CHF?
Would have been nice to be in that move.
Which now, explains E/U's erratic movement.
Could someone explain what's with CHF?
Scratch that!
I just found out the Swiss cut their rates. Must have been some cut?
  • #74,689
  • Mar 12, 2009 9:47am Mar 12, 2009 9:47am
Quoting Katalyst
Careful to those who are thinking of shorting.

Strong support at 1.2740.

I will only think of going short if 1H bar closes below it.
weak support you wanna see strong support? look at 1.2487 and 1.2621
"Diversification is an excuse for a lack of talent" ~FXC
  • #74,690
  • Mar 12, 2009 9:47am Mar 12, 2009 9:47am
Quoting BoredToLoose
Watch 1.2666!!

This number will tell us where price will go for next week!!
Ill give you all the pips you want on that call price will go straight to hell I'm with him
"Diversification is an excuse for a lack of talent" ~FXC
  • #74,691
  • Mar 12, 2009 9:48am Mar 12, 2009 9:48am
Quoting Jhig
Scratch that!
I just found out the Swiss cut their rates. Must have been some cut?
THE SNB INTERVENED AND BOUGHT BILLIONS OF SWISS FRANCS. THATS HOW YOU EXPLAIN THE MOVE. the cut was expected. all the way down to 0.25
"Diversification is an excuse for a lack of talent" ~FXC
  • #74,692
  • Mar 12, 2009 9:49am Mar 12, 2009 9:49am

As he wanted be demonstrated,
we are again above 2760 ..
Eyes on at 11.00h Ny Time


http://www.forexfactory.com/showpost...ostcount=74643
The best thing that can happen to you is to find out where you're wrong.
  • #74,693
  • Mar 12, 2009 9:49am Mar 12, 2009 9:49am
"LIFEBELTS! Get yer Lifebelts!"

"Man Over Board!"

Please; Stay in your Cabin and Do Not Venture On Deck.
Chicken shi##y I know but, believe it or not, Smooth Sailing ahead.
Just ensure you are Still "In the Game."

  • #74,694
  • Mar 12, 2009 9:50am Mar 12, 2009 9:50am
Quoting Doniboy
Well you stated that you are pro-government giving you other people's money...i.e Pro-Obama....
Wait! Who gave you the plans for the future of Obama's presidency?

Obama is currently falling into the world war requirements list. I myself believe that WW3 will be something like India and Pakistan seeing as Obama has already adopting protectionism against India.

Anyways this Obamamania seems like "Obama's new, the constitutions old, out with the old in with the new." Makes me wanna puke.
  • #74,695
  • Mar 12, 2009 9:50am Mar 12, 2009 9:50am
Quoting Jhig
Scratch that!
I just found out the Swiss cut their rates. Must have been some cut?
You know, the funny thing about the CHF move? My favorite pair, in the whole world (that I do not trade because of the 8 pip spread), GBP/CHF, moved 500 pips in FAVOR FOR GBP ... not CHF. Just thought that was weird. I would have thought, CHF would have moved against all/any pairs, across the board.
  • #74,696
  • Mar 12, 2009 9:51am Mar 12, 2009 9:51am
Stopped 1.2775 see ya next week kidos
+ Charts Happen
  • #74,697
  • Mar 12, 2009 9:51am Mar 12, 2009 9:51am
As I see, I missed this train going south.
  • #74,698
  • Mar 12, 2009 9:51am Mar 12, 2009 9:51am
Well, after massive down moves today, that line is still holding strong.

Price has bounced, and 1H bar seems to be struggling to close under it.

So unless someone wants to take a gamble and go short at 1.2750 or something like that, I'd suggest not. Unless you are definitely certain that it will break and close under it.





Quoting FXCapitalist
weak support you wanna see strong support? look at 1.2487 and 1.2621
  • #74,699
  • Mar 12, 2009 9:51am Mar 12, 2009 9:51am
Short, believe me on the selling pressure, watch Deutsche Bank waiting in the wings.
"Diversification is an excuse for a lack of talent" ~FXC
  • #74,700
  • Mar 12, 2009 9:52am Mar 12, 2009 9:52am
Thing is i dont know what hand DB is playing anymore.
"Diversification is an excuse for a lack of talent" ~FXC
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