Attachments: EURUSD

EURUSD

#96,741
May 15, 2009 10:17am May 15, 2009 10:17am

Yavar
| Joined Jul 2008 | Status: BullShark | 101 Posts

Quoting Alihuzaifa

Disliked

cpi
Actual > Forecast = Good for currency;

it came possitive Euros movig UP? how come?

Ignored

aaahhh if trading was that easy every 1 would be a millionaire by now my friend

#96,742
May 15, 2009 10:23am May 15, 2009 10:23am

Yavar
| Joined Jul 2008 | Status: BullShark | 101 Posts

Quoting vinesh2

Disliked

DB hold that short from 1.3605 its a godo entry hold it for the weekend this thing is going to 1.34

Ignored

I am still short from 3635 since last night and looking for an opportunity to add my shorts, this week candle formation is so important btw , what makes me not to jump in is the full bulish candle of the last week

#96,743
May 15, 2009 10:28am May 15, 2009 10:28am

Alihuzaifa
| Membership Revoked | Joined Oct 2008 | 2,791 Posts

Quoting Yavar

Disliked

aaahhh if trading was that easy every 1 would be a millionaire by now my friend

Ignored

i now my friend trading is not that easy...but there must be some logic behind this...or else it makes this market just a casino.

#96,744
May 15, 2009 10:39am May 15, 2009 10:39am

TheFisherman
| Joined May 2009 | Status: Fight until we die | 1,114 Posts

Quoting ronm7d

Disliked

thx for the reply . anyway i'm still a little bit confuse about the news to the currency. so do you think that EU will raise? thx very much for the explanation.

Ignored

Dude, I think EUR will raise. Sooner or later it will break the 3740 level, but in FX TIMING is everything. If before breaking the 3740 takes a detour to 3000 for example, your account will be wiped out just before going to 1.40+.

Watch PA and take action. My thinking of what is going to happen today is already posted. So far the first part I was correct (no break of neckline before the news and trip to 3585+ before). I am eagerly waiting for a confirmation for the second part.

#96,745
May 15, 2009 10:39am May 15, 2009 10:39am

Jeg
| Joined Oct 2008 | Status: Trader | 252 Posts

Quoting Alihuzaifa

Disliked

i now my friend trading is not that easy...but there must be some logic behind this...or else it makes this market just a casino.

Ignored

You remember me 8 months ago, almost the same words. Tried on Demo for 2 months and I thought I was ready... big mistake. Tried real, lost 3K, back to demo until now, with my real account in pending mode. I will remain like this until I feel confident with my own method, get experience and at least that I understand a little more... and almost getting there. Here U can learn a lot from people that share their knowledge and always ready to help. Keep going and good luck.

#96,746
May 15, 2009 10:46am May 15, 2009 10:46am

Yavar
| Joined Jul 2008 | Status: BullShark | 101 Posts

Quoting Alihuzaifa

Disliked

i now my friend trading is not that easy...but there must be some logic behind this...or else it makes this market just a casino.

Ignored

ofcourse there is logic and lots of reasons behind that, in fact Whenever the US stock market goes up, the dollar goes down , good news effect the stock market more compare to USD this days, it could be a reason or not. but what ever it is ,that kind of question you ask is not gana help you to trade correctly. you can not take note of everything tha happens to the world and try to find a relation between them and act accordingly. (unless you are trading longterm and by longterm i mean monthly or yearly which im sure you are not). and thats where Technical analysis comes to work. forgive my anglish and wish you happy piping my friend

#96,747
May 15, 2009 10:51am May 15, 2009 10:51am

TheFisherman
| Joined May 2009 | Status: Fight until we die | 1,114 Posts

I'll be goddam! Who thinks the price will close this week just on the brink of breaking the shampoo? Leaving both BEARS & BULL wondering over the week end: will it hold? will it break?

Let's make a poll.

#96,748
May 15, 2009 10:52am May 15, 2009 10:52am

FXexpress
| Membership Revoked | Joined Apr 2009 | 256 Posts

I believe we will hit 1.3470 today, maybe more. See past post.

MK

#96,749
Edited 10:56am May 15, 2009 10:53am | Edited 10:56am

asen
| Joined Apr 2007 | Status: Trader | 77 Posts

We got Doji on 1hr and 4hr, look like 1hr is playing out now. 4hr is done. Maybe even another 1 doji in 4hr.

Attached Image(s) (click to enlarge)

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#96,750
May 15, 2009 10:54am May 15, 2009 10:54am

FXexpress
| Membership Revoked | Joined Apr 2009 | 256 Posts

Huge evening star forming on the 1 Hr and on the 4...... well, you tell me. Huge pins. We may slowly trend down all day, I have seen this before on Friday.

MK

#96,751
May 15, 2009 10:57am May 15, 2009 10:57am

TheFisherman
| Joined May 2009 | Status: Fight until we die | 1,114 Posts

Quoting FXexpress

Disliked

I believe we will hit 1.3470 today, maybe more. See past post.

MK

Ignored

wha?

#96,752
May 15, 2009 10:57am May 15, 2009 10:57am

FXexpress
| Membership Revoked | Joined Apr 2009 | 256 Posts

Ahem, then again,we may see a major sell off......

MK

Quoting FXexpress

Disliked

Huge evening star forming on the 1 Hr and on the 4...... well, you tell me. Huge pins. We may slowly trend down all day, I have seen this before on Friday.

MK

Ignored

#96,753
May 15, 2009 10:58am May 15, 2009 10:58am