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EURUSD

  • #75,201
  • Mar 13, 2009 6:37am Mar 13, 2009 6:37am
its friday......... things are gonna be slow soon
  • #75,202
  • Mar 13, 2009 6:37am Mar 13, 2009 6:37am

Update ... short, on 1H basis , if open ...below the minimum of this candle

The best thing that can happen to you is to find out where you're wrong.
  • #75,203
  • Mar 13, 2009 6:44am Mar 13, 2009 6:44am
If
you buy USD/JPY and
you sell EUR/USD and
you buy EUR/JPY

Is your equity going to change?
  • #75,204
  • Mar 13, 2009 6:48am Mar 13, 2009 6:48am
I just wanted to pop in and say hello to His Immenseness. You know who you are!

Good trading,
Up or down, gimme a ticket
  • #75,205
  • Mar 13, 2009 6:55am Mar 13, 2009 6:55am
specialed how r u >? tried to say hi to cobra.. but couldnt find him
  • #75,206
  • Mar 13, 2009 7:01am Mar 13, 2009 7:01am
30 mins to trade balance - it what we're wating for?
  • #75,207
  • Mar 13, 2009 7:02am Mar 13, 2009 7:02am
Quoting SpecialEd
I just wanted to pop in and say hello to His Immenseness. You know who you are!

Good trading,

The best thing that can happen to you is to find out where you're wrong.
  • #75,208
  • Mar 13, 2009 7:13am Mar 13, 2009 7:13am
Quoting psiholog
a wild thought just crossed my mind. next week is the next US fed rate decision. now with financials showing a rebound into positive territory this week based on their profit blah blah...it is only logical to assume that they should be lending easier then in the past 5-6months or at least start to. On top of that ...add Obama..aggressive in his methods (whether good or bad to be determined later after we are out of this mess we call recession )...he is raising taxes to supposedly the rich. In any case...his officials in the fed right now...are they...
Well, to be honest that would really send a tornado of questionmarks into the market. Personally I don't see the FED going that way for months to come. Just because 2 banks are showing some strengh (which I highly doubt at the moment) there is no need for rate hikes quite yet.

But otherwise I agree. Somehow the market did interpret the last banking news as very positive and the stock markets are going crazy to the upside. The interesting part is to figure out how it will affect eur/usd.

/H
  • #75,209
  • Mar 13, 2009 7:17am Mar 13, 2009 7:17am
Closed my shorts. Will scalp short when setups are presented but otherwise I'll focus on building longs as price moves against me. There's just too much upside potential at the moment for me to risk being short. Also the longer we rest here at this support level without breaking through, the more it's looking like up is the way to go...
  • #75,210
  • Mar 13, 2009 7:22am Mar 13, 2009 7:22am
We seem to be stuck right now between 1.2895-1.2901. I think to start with that PA should touch 1.2857 for further direction.

Any comments?

/H
  • #75,211
  • Mar 13, 2009 7:26am Mar 13, 2009 7:26am
Earlier, DOW Future was showing decline.

Right now, its +56

Thats not good for shorts
  • #75,212
  • Mar 13, 2009 7:27am Mar 13, 2009 7:27am
Nothing really said to go short. I've been long since 2874 playing the ABC pattern on the 15 min. for the last like 3 hours
Going to make it big by age 21.
  • #75,213
  • Mar 13, 2009 7:30am Mar 13, 2009 7:30am
Quoting dstryr
Nothing really said to go short. I've been long since 2874 playing the ABC pattern on the 15 min. for the last like 3 hours
Good for you. I got stuck with three shorts way down the line, but I hedged and added additional longs, and I am currently above BE, it's always more fun to be right the first time, but there's no excuse not to make any money.
  • #75,214
  • Mar 13, 2009 7:33am Mar 13, 2009 7:33am
gdp for month lower 39b... should be dollar strength... but its not......?????????????????
those who can, do. those who cant, talk about those who can
  • #75,215
  • Mar 13, 2009 7:33am Mar 13, 2009 7:33am
mornin driver... you tearin it up??
FUBAR...
  • #75,216
  • Mar 13, 2009 7:35am Mar 13, 2009 7:35am
Just watch the top because we could be driving up for a short position...
Going to make it big by age 21.
  • #75,217
  • Mar 13, 2009 7:36am Mar 13, 2009 7:36am
Quoting gatorinla
gdp for month lower 39b... should be dollar strength... but its not......?????????????????
good news = less fear = usd weakness
  • #75,218
  • Mar 13, 2009 7:36am Mar 13, 2009 7:36am
By the looks of these charts, I could be holding those shorts for awhile. I'm not sure what I was looking at, but now it looks clear for a good move up, IMO.
  • #75,219
  • Mar 13, 2009 7:38am Mar 13, 2009 7:38am
anyone targeting 1.2990?
  • #75,220
  • Mar 13, 2009 7:39am Mar 13, 2009 7:39am
i will retry a short ... at 2941... but always dangerous
The best thing that can happen to you is to find out where you're wrong.
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