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EURUSD

  • #96,461
  • May 15, 2009 12:24am May 15, 2009 12:24am
follow trendlines. easy as pie. stocks in red euro in green an dollar in blue.
Attached Image (click to enlarge)
Click to Enlarge Name: europestocks.jpg Size: 68 KB
  • #96,462
  • May 15, 2009 12:24am May 15, 2009 12:24am
Hopefully today's show starts with the German news release in a half hour...I'm running out of popcorn.
"The markets are the greatest chess match ever played."
  • #96,463
  • May 15, 2009 12:27am May 15, 2009 12:27am
Quoting WedWed
hi MuddBugg .. a littele explain my freind ?? can you ?
jaja i am read people short eurodollar when stocks going up. this can no be. euro strong with stocks. dollar down when stocks up. charts is clear on this.
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Click to Enlarge Name: europestocks.jpg Size: 68 KB
  • #96,464
  • May 15, 2009 12:29am May 15, 2009 12:29am
My last long taken last night before going for party still in place & the tp changed from 1.3681 to 1.3761 for now .If the h &S things actually in action then it should not go beyound this level or at best 1.3675.Not thinking it be an accurate h &S pattern.Anyway we may see action in a few hrs .

The great resistant of D1 now shifted to 1.3722 & H4 to 1,3665 but respective supports much below the price H4 1.3530& 1.2964.

Thare are tough resistant just above but support far away.
Price now trapped in between 2sr H1 1.3519 & 1.3650 , & M5 tf sr 1.3638 & 1.3626 , should need break M5 sr on either side first & then H1 sr to have more movement Up or down to confirm a direction ..
lets see what happen next.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu63.gif Size: 7 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #96,465
  • May 15, 2009 12:31am May 15, 2009 12:31am
Good morning.
60 min chart is showing that price is just barely holding above, now just below a rising support projected off the low of yesterday.
This market can go either way at the moment. I have a very short term short on for quick scalp.
Recommend wait for news to get in.
Pivot today is now 1.3608 (24 hr day, 12.00pm UK)
  • #96,466
  • May 15, 2009 12:31am May 15, 2009 12:31am
All US stock index futures green; gonna need some bad news from the eutozone to push it down the H&S slide. I am bailing outta my shorts b4 the news hits.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #96,467
  • Edited 12:51am May 15, 2009 12:50am | Edited 12:51am
Someone please send me balls of steel.
The Thief of Wall Street
  • #96,468
  • May 15, 2009 12:54am May 15, 2009 12:54am
Quoting Chicky
Someone please send me balls of steel.

garvity is zero
Never sell @ lower upward channel unless breacked and vise versa .
  • #96,469
  • May 15, 2009 12:55am May 15, 2009 12:55am
hello all my friends...

sorry but just wanna ask an off-topic Question how many of you are totally dependent on trading (forex) business?:nerd:
i want some company coz i am too planning to take it as my career and profession.
  • #96,470
  • May 15, 2009 12:57am May 15, 2009 12:57am
some fibs and trendlines working on next naked template to make trades on. cycle lines are looking interesting on this one.
will be studying apf more in depth, as well as cycle lines and nobrainertrades. hope you guys make some pips today. i am still in eur short but have doubts about this head and shoulders working.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd051509-1.gif Size: 35 KB
Click to Enlarge Name: eurusd051509-2.gif Size: 33 KB
Click to Enlarge Name: eurusd051509-3.gif Size: 29 KB
Click to Enlarge Name: eurusd051509-4.gif Size: 22 KB
Click to Enlarge Name: eurusd051509-5.gif Size: 20 KB
Attached File(s)
File Type: tpl eaglestareurusd0051509.tpl   12 KB | 224 downloads
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #96,471
  • May 15, 2009 12:58am May 15, 2009 12:58am
If you are sweating it's because your position is too large.
Reducing position size can and does lead to higher rewards.
  • #96,472
  • May 15, 2009 1:01am May 15, 2009 1:01am
Quoting eaglestar
some fibs and trendlines working on next naked template to make trades on. cycle lines are looking interesting on this one.
will be studying apf more in depth, as well as cycle lines and nobrainertrades. hope you guys make some pips today. i am still in eur short but have doubts about this head and shoulders working.
In the second chart the H&S has already played out. IN the first it hasn't even formed yet, and in the third there is not a proper H&S, from what I see
  • #96,473
  • May 15, 2009 1:03am May 15, 2009 1:03am
i am more thinking of 1.3565 now
CrizZzZzZzZz
  • #96,474
  • May 15, 2009 1:03am May 15, 2009 1:03am
Quoting Alihuzaifa
hello all my friends...

sorry but just wanna ask an off-topic Question how many of you are totally dependent on trading (forex) business?:nerd:
i want some company coz i am too planning to take it as my career and profession.
I am not & not even in next 5-10 years if live long on this earth.
Suppose a very few of us actually doing as the only business, the riskiest one on this milkyway.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #96,475
  • May 15, 2009 1:04am May 15, 2009 1:04am
ok up 32 so far hope this ball keeps rolling. lets see if it pops out of the cloud soon.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd051509-6.gif Size: 99 KB
Click to Enlarge Name: eurusd051509-7.gif Size: 46 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #96,476
  • May 15, 2009 1:04am May 15, 2009 1:04am
Profit secured at Pivot. Small amount to ride to 1.3685.
  • #96,477
  • May 15, 2009 1:07am May 15, 2009 1:07am
Quoting Atlast
If you are sweating it's because your position is too large.
Reducing position size can and does lead to higher rewards.
hope you are still in short Atlast
Never sell @ lower upward channel unless breacked and vise versa .
  • #96,478
  • May 15, 2009 1:08am May 15, 2009 1:08am
After it goes down, it will come back up.

I'm pretty sure.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #96,479
  • May 15, 2009 1:08am May 15, 2009 1:08am
good morning all

just checked in to find eu short at 1.3650 looking good
bad news from euro-zones starting to speed up the collapse
also gu short at 1.5210
hopefully all i will have to do today is lock in pips

happy pipping y'all
Some drink at the fountain of knowledge. Others just gargle !
  • #96,480
  • May 15, 2009 1:08am May 15, 2009 1:08am
Quoting Atlast
Profit secured at Pivot. Small amount to ride to 1.3685.

it may reject @3593
Never sell @ lower upward channel unless breacked and vise versa .
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