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  • #91,641
  • May 1, 2009 2:39am May 1, 2009 2:39am
Quoting rahulw
thanks alot for advice, no more please.

----------------------------------------


I will Buy Euro at 1.3290 and wait for TP till 1.3275
It looks like it may come down from 1.3296!!

I've taken a short there.
Good Trading. (keep it simple).
  • #91,642
  • May 1, 2009 2:40am May 1, 2009 2:40am
Quoting rattyo
I'm very sure about buying around there.
These Indices may come down a bit thats what Im watching for.
It's a long way off from where we are now. 1.3050.
However, I have around the same level as a place that this market will more likely retrace to so we may be looking for a great buy later on. Meanwhile, some nice buy levels around 1.3169
  • #91,643
  • May 1, 2009 2:40am May 1, 2009 2:40am
Quoting PipLand
Yeah thats a good point, 1.3000 is good area to take profit but we might not bounce until 1.27 which is the true bottom of the bear channel so be careful. Also worth noting if the bottom of the bear channel gets taken out then theres nothing holding us back from 1.24

The Daily downwards channel your talking about.

I think meduim term we have changed direction. A new channel upwards on the hourly chart has formed.

I fancy a bit of a pullback before the next push up myself.

Thats my plan but what do i know? I follow the chart and trend.

If The DOW can break the 8350 level then 9000 is in sight.

That well drag EURUSD up...
rat
  • #91,644
  • May 1, 2009 2:41am May 1, 2009 2:41am
Quoting Jasper
It looks like it may come down from 1.3296!!
Fine, will Make a deal @ 1.3296 , with SL of 1.3310 and TP of 1.3280, what say ?
  • #91,645
  • May 1, 2009 2:41am May 1, 2009 2:41am
i send you PM rahulw
  • #91,646
  • May 1, 2009 2:43am May 1, 2009 2:43am
Quoting tamster
Inverted H&S on 4hr. USD/CHF H&S on EUR/USD - on 15min EUR I see a pennant broken to upside. I think EUR could be going up.
Hi, sorry I do not se a HS on 15M Euro...
Can you post a chart?
  • #91,647
  • May 1, 2009 2:44am May 1, 2009 2:44am
Quoting tamster
Inverted H&S on 4hr. USD/CHF H&S on EUR/USD - on 15min EUR I see a pennant broken to upside. I think EUR could be going up.
I have the pattern also broken in 1 h. The market rejected the break up so short for me. Lets see.
  • #91,648
  • May 1, 2009 2:47am May 1, 2009 2:47am
Quoting rattyo
The Daily downwards channel your talking about.

I think meduim term we have changed direction. A new channel upwards on the hourly chart has formed.

I fancy a bit of a pullback before the next push up myself.

Thats my plan but what do i know? I follow the chart and trend.

If The DOW can break the 8350 level then 9000 is in sight.

That well drag EURUSD up...
I hear ya, there certainly is good arguments for both sides from this level. Tamster mentions the inverted H&S which supports your side also.

I think the daily shooting star at the top of the bear channel on the daily will push this down though, i still have a few shorts open though so im biased
  • #91,649
  • May 1, 2009 2:49am May 1, 2009 2:49am
Next stop for tea at 1.3272. May pick up some passengers there, or maybe a lot will jump off. More passengers please
  • #91,650
  • May 1, 2009 2:50am May 1, 2009 2:50am
Quoting Atlast
Next stop for tea at 1.3272. May pick up some passengers there, or maybe a lot will jump off. More passengers please
Im tired today and i dont wannt stop for nothing, just take me to the bottom please
  • #91,651
  • May 1, 2009 2:51am May 1, 2009 2:51am
Quoting colbru
Hi, sorry I do not se a HS on 15M Euro...
Can you post a chart?
Inverted H&S on 4hr EUR/USD. Also sitting near top of daily upper trend line.
  • #91,652
  • May 1, 2009 2:51am May 1, 2009 2:51am
Quoting Atlast
Next stop for tea at 1.3272. May pick up some passengers there, or maybe a lot will jump off. More passengers please
Mind he gap, passengers jumped on board, and some left behind. A goof quick TP and double in on a pullback in order for now
  • #91,653
  • May 1, 2009 2:53am May 1, 2009 2:53am
Next stop 1.3251. Be mindful of the gap as you jump off.
  • #91,654
  • May 1, 2009 2:54am May 1, 2009 2:54am
Quoting Atlast
Mind he gap, passengers jumped on board, and some left behind. A goof quick TP and double in on a pullback in order for now
Can you please talk in easy language ? I am not able to get anything out of this TRAIN thing.

Please make it clear like, buy at xxxxx, sell at xxxx.
  • #91,655
  • May 1, 2009 2:55am May 1, 2009 2:55am
Quoting PipLand
Im tired today and i dont wannt stop for nothing, just take me to the bottom please
I am trading very defensively today as Europe away and possibility for wild swings. Could be wrong, but playing both sides for now.
  • #91,656
  • May 1, 2009 2:56am May 1, 2009 2:56am
Quoting rahulw
Can you please talk in easy language ? I am not able to get anything out of this TRAIN thing.

Please make it clear like, buy at xxxxx, sell at xxxx.
It is clear. And I am not providing a signal service, thank you.
  • #91,657
  • May 1, 2009 2:56am May 1, 2009 2:56am
Quoting rahulw
Can you please talk in easy language ? I am not able to get anything out of this TRAIN thing.

Please make it clear like, buy at xxxxx, sell at xxxx.

Enough of this Train talk LOL....
rat
  • #91,658
  • May 1, 2009 2:59am May 1, 2009 2:59am
Quoting Atlast
I am trading very defensively today as Europe away and possibility for wild swings. Could be wrong, but playing both sides for now.
my thoughts were that it would go down since they are off...but we will see waking and seeing that it went up maybe think a little differently but hope i was right the first time..
  • #91,659
  • May 1, 2009 2:59am May 1, 2009 2:59am
Quoting rattyo
Enough of this Train talk LOL....
Please i request talk in simple language, so i can even understand and trade
  • #91,660
  • May 1, 2009 3:02am May 1, 2009 3:02am
Quoting rahulw
Please i request talk in simple language, so i can even understand and trade
This isn't a thread for forex signals
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