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  • #79,321
  • Mar 24, 2009 6:21pm Mar 24, 2009 6:21pm
Quoting Byrd
Auburn..... WAR EAGLE, who's watching us win the NIT?
ill pull for ya..my girl tigers are in it again...guys got knocked out saturday
those who can, do. those who cant, talk about those who can
  • #79,322
  • Mar 24, 2009 6:21pm Mar 24, 2009 6:21pm
A summary of the current tug-of-war between EUR/USD bulls and bears:

22:42 EUR/USD: Edging Higher On Early Tokyo EUR/JPY Demand Sydney, March 25: Demand for EUR/JPY out of Tokyo has pushed the cross above 132.00 fro a late US low below 131.50 and given the EUR/USD a bid tone. The EUR/USD has edged up to former support around 1.3480 after it hit 1.3432 late in the US session. There is more hourly resistance found at 1.3520/25 and solid hourly resistance has formed at 1.3575/80.
Traders say that sentiment towards the EUR/USD is mixed as the Asian session gets underway. EUR/USD bears believe that the USD is clearly the most attractive participant in the "G3-ugly contest", as the US economy is likely to pull out of recession sooner Japan and the Euro-zone due to the US authorities being far more proactive than their Japanese and European counterparts. EUR/USD bulls point to the fact that the ECB is the only G3 central bank not practicing quantitative easing and the rise in investor risk appetite will lessen the appeal of the USD as a safe-haven destination. The divergence of views could lead to a period of range trading before a consensus develops. The EUR/USD trades 1.3475/80. [email protected]

The debate continues. Nobody knows which way this thing will break out of the current range. Pullback in equity markets today might influence further downward correction in the the yen crosses and EUR/USD?
  • #79,323
  • Mar 24, 2009 6:25pm Mar 24, 2009 6:25pm
DX Charts ... Daily and Weekly

As we look at the DX WEEKLY chart. we see that we got support from 200 SMA. Though we have a double top, with CCI divergence, we are getting a bounce. How much of a bounce we get is anyone's guess. But as long as last week's lows remain unbroken we can see prices rise.

On DX DAILY chart we made a harami (friday) followed by a doji (monday) followed by a bullish candle today. WE should see DX price rise at least a day or two more.

DX has inverse relationship to EUR-USD, so studying DX gives us confirmation as to how the EUR-USD will move.
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  • #79,324
  • Mar 24, 2009 6:28pm Mar 24, 2009 6:28pm
Quoting gatorinla
r/r can add to this..i love risking one to make 10 or more
My man.
The Thief of Wall Street
  • #79,325
  • Mar 24, 2009 6:31pm Mar 24, 2009 6:31pm
Pick a direction, grab a couple of Greens & get out.

This is no place for hunters that want to Hunt another day.
  • #79,326
  • Mar 24, 2009 6:31pm Mar 24, 2009 6:31pm
careful pippin all...seriously...this is not a normal asian session. i still think breaking south is a strong possibility at this time of day. why?...obama has a press conference in 30minutes....expect the unexpected
Different opinions highly valued, ignorant to slander.
  • #79,327
  • Mar 24, 2009 6:34pm Mar 24, 2009 6:34pm
Quoting gatorinla
looks like it may test 46.. if it fails intra day if market decides not to move we may see range 3641 3505... dow is up over 400. and yet euro up only 53.. under a not so strong s/r and having trouble breaking it.. im gonna short here with a extremily tight sl..
like this one chicky.. i rentered when it wouldnt move at 60 r/r end up being much higher then the 1/14 i figured although i did get stopped out the first time -10... i made up for it at a better price..
those who can, do. those who cant, talk about those who can
  • #79,328
  • Mar 24, 2009 6:44pm Mar 24, 2009 6:44pm
Quoting realjumper
Just an observation ...

It seems to my untrained and inexperienced eye that some people on this forum seem to be like sheep...

I think that (a) being a sheep and (b) over-analyzing the charts and (c) using the charts as the sole reason for entering a trade is going to end in tears.

This is just my newbie opinion as is not intended to come across as arrogant or to piss anyone off. Of course I stand to be corrected and learn
Glad your trade went well for you... but taking the opportunity to classify any portion of the trading community here as "sheep" (twice actually) seems an odd start...

Sorry you also seem to be put off by folks analyzing Their charts more than You deem prudent and using entry methods that you feel are unsound, but it's the cross some of us bear... Life can be hard, the Market is Harder.
FUBAR...
  • #79,329
  • Mar 24, 2009 6:47pm Mar 24, 2009 6:47pm
Quoting Bemac
Pick a direction, grab a couple of Greens & get out.

This is no place for hunters that want to Hunt another day.
Hear hear!! Left earlier today, peeked in and leaving again.

Short, Long, or on the Sideline... all valid Positions. I know why I'm where I am tonite...
FUBAR...
  • #79,330
  • Mar 24, 2009 6:49pm Mar 24, 2009 6:49pm
Quoting psiholog
careful pippin all...seriously...this is not a normal asian session. i still think breaking south is a strong possibility at this time of day. why?...obama has a press conference in 30minutes....expect the unexpected
Still think we can go high, but i'm short because 4h gave me signal and now on profit not sure close or leave it !! need to sleep have weak up after 4H to my work
i'm 80+
  • #79,331
  • Mar 24, 2009 6:52pm Mar 24, 2009 6:52pm
Hi everybody! Tried to keep up with the thread but can't. Them fingers aren't as quick anymore.

Someone didn't hold on to his hat!

http://www.cowboyhats.us/dusty-cowboy-hat-424.jpg

Who's is it?
Not all sins are created equal
  • #79,332
  • Mar 24, 2009 6:55pm Mar 24, 2009 6:55pm
Quoting realjumper
Just an observation from a newbie point of view: I noticed last night (NZ time) that there were quite a few people saying that they were going long, with some people producing various charts to add weight to their views. To me, it was screaming to go short, so I went short from 1.3670 and closed it at 1.3500. I have opened another short this morning (NZ time) at 1.3490 and I'm aiming at 1.3300. It seems to my untrained and inexperienced eye that some people on this forum seem to be like sheep....
Well, you certainly got the "Trade You" bit down. Now all you have to work on is People Skills {of which you could probably care less} & Refining your TA skills.

Just because you have a point on your chart somewhere in the future Does Not Mean the Price will Meet it.

Nice Trade & hopefully you are still Up on the Trade but lighten up on those of us that don't have your {apparently} inate wisdom.
  • #79,333
  • Mar 24, 2009 6:55pm Mar 24, 2009 6:55pm
J u still got a shot to get some of it back..
those who can, do. those who cant, talk about those who can
  • #79,334
  • Mar 24, 2009 6:55pm Mar 24, 2009 6:55pm
United States salesman of the month on in 5 min
  • #79,335
  • Mar 24, 2009 7:00pm Mar 24, 2009 7:00pm
whats pres doing on now?
those who can, do. those who cant, talk about those who can
  • #79,336
  • Mar 24, 2009 7:01pm Mar 24, 2009 7:01pm
Quoting ak4x
Glad your trade went well for you... but taking the opportunity to classify any portion of the trading community here as "sheep" (twice actually) seems an odd start...

Sorry you also seem to be put off by folks analyzing Their charts more than You deem prudent and using entry methods that you feel are unsound, but it's the cross some of us bear... Life can be hard, the Market is Harder.
Oh dear....it seems that I have inadvertently did what I set out to not do. I did say that it was not my intent to come across as arrogant or to piss anyone off. If I have done that, I apologise.

Using the term 'sheep' perhaps is particular to NZ seeing as we have millions of them! I was trying to say that some people *seem* to be following others just to be part of the mainstream way of thinking, without making decisions by themselves. Trading from other peoples decisions doesn't seem to be very wise...to me.

Also, I was not knocking those who analyise their charts, and further, I don't have a benchmark of what is or isn't prudent. The point I seem to have failed to make is that analysing the charts to death can make any scenario fit. In much the same way that any daily horoscope can fit your situation if you choose it to fit.

Sorry if I caused offense, that was not my intention
Doing what you like is Freedom. Liking what you do is Happiness.
  • #79,337
  • Mar 24, 2009 7:04pm Mar 24, 2009 7:04pm
Quoting Bemac
Well, you certainly got the "Trade You" bit down. Now all you have to work on is People Skills {of which you could probably care less} & Refining your TA skills.

Just because you have a point on your chart somewhere in the future Does Not Mean the Price will Meet it.

Nice Trade & hopefully you are still Up on the Trade but lighten up on those of us that don't have your {apparently} inate wisdom.
Oh no......Listen. I *did* say that I wasn't being arrogant or that I didn't mean to piss anyone off. I also said that it was *my observation*.

Perhaps we speak the language different, I don't know...but....if I offended you, sorry....it *wasnot my intention*
Doing what you like is Freedom. Liking what you do is Happiness.
  • #79,338
  • Mar 24, 2009 7:08pm Mar 24, 2009 7:08pm
Hope your well, I haven't been keeping up with the thread lately, but I do look in from time to time. The recycle bin was funny, and now Gator has his first thread---- deleted posts-----


Quoting lindee
Yeah considering the Gator, Knuckledrag rody8080 and I were banished to the recycle bin together. I do have a fondness for them as well as many others that have help me as a newbie on this forum. Now that you've attracted my attention you have to contribute to my forex education also. Plus I like your car. lol
lindee
  • #79,339
  • Mar 24, 2009 7:11pm Mar 24, 2009 7:11pm
Quoting knuckledrag
Hope your well, I haven't been keeping up with the thread lately, but I do look in from time to time. The recycle bin was funny, and now Gator has his first thread---- deleted posts-----
yeah you... i got a thread i knew nothing about with all my stuff im in anger management for..i tried to delete them but it wont allow me too.. how r u?
those who can, do. those who cant, talk about those who can
  • #79,340
  • Mar 24, 2009 7:12pm Mar 24, 2009 7:12pm
Quoting gatorinla
like this one chicky.. i rentered when it wouldnt move at 60 r/r end up being much higher then the 1/14 i figured although i did get stopped out the first time -10... i made up for it at a better price..
We both found the holy grail, will be billionaires in no time.
The Thief of Wall Street
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