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EURUSD

  • #97,981
  • May 20, 2009 5:23am May 20, 2009 5:23am
Watch for break of 36380
  • #97,982
  • May 20, 2009 5:25am May 20, 2009 5:25am
BADDA BOOM --- BADDA BING --- EURUSD BBBBBABBBYYYYYY!
  • #97,983
  • May 20, 2009 5:26am May 20, 2009 5:26am
Should have kept my other positions open, oh well.

SL on current position moved to BE+. I have to go out for a bit. Chalk this one up as a win. Now it's just a matter of how much it will net, but that's out of my hands...
  • #97,984
  • May 20, 2009 5:29am May 20, 2009 5:29am
Quoting behzadov
Eur Market cant go anywhere. It has to break the 1.3650 line!

The only reason for not touching the targets on 1.3780 and 1.3870 is a very strong resistance line on 1.3650. If this Resistance line get broken target 1.3780 will get available for the final step of wave five.

The market will start a strong Bearish movement after touching the 1.3780-1.3870.

You meant if 1,3720-30 breaks? and strong Res on 1,3664 breaks?
  • #97,985
  • May 20, 2009 5:29am May 20, 2009 5:29am
Quoting Galatasaray
good call.
i would do the same but i already have an open position at eurjpy. i dont open 2 positions at the same time.
but i am with you there.
Good thing it didn't make it by 1 pip or would be looking at a small loss. Still have upside set-up so looking for a reversal signal.
  • #97,986
  • May 20, 2009 5:32am May 20, 2009 5:32am
36380 S now becomes R
  • #97,987
  • May 20, 2009 5:34am May 20, 2009 5:34am
Quoting Larseg
You meant if 1,3720-30 breaks? and strong Res on 1,3664 breaks?
the pivot R1 is on 1.3650 that is a strong resistance. if you check the chart you see the price has come back from this strong R line more than 5 times.

In my oponion the market needs a strong potencial to break this line maybe some kind of news! if this line breaks ( a closed candle in 1H above it) then the targets are 1.3780 and 1.3870.

after that long position and catching the targets a very strong downward movement will start from that area.
  • #97,988
  • May 20, 2009 5:37am May 20, 2009 5:37am
Quoting behzadov
the pivot R1 is on 1.3650 that is a strong resistance. if you check the chart you see the price has come back from this strong R line more than 5 times.

In my oponion the market needs a strong potencial to break this line maybe some kind of news! if this line breaks ( a closed candle in 1H above it) then the targets are 1.3780 and 1.3870.

after that long position and catching the targets a very strong downward movement will start from that area.

Ok if you look at the 1H chart + close above that is fine Daily/weekly/hourly pivot?

But why don't you see any resistance on 1,3720-30 area?
  • #97,989
  • May 20, 2009 5:40am May 20, 2009 5:40am
Looks like the YM is about to tank.
  • #97,990
  • May 20, 2009 5:40am May 20, 2009 5:40am
Long again. This tme the move needs to see a lot of tickets being bought to show strength.
  • #97,991
  • May 20, 2009 5:46am May 20, 2009 5:46am
The strength is there, can it follow through, or willthis be a slow ride?
  • #97,992
  • May 20, 2009 5:46am May 20, 2009 5:46am
Stopped out for a small loss.

EURUSD... I thought it was love!
  • #97,993
  • Edited 5:52am May 20, 2009 5:46am | Edited 5:52am
First TP at 1.3670 reached
  • #97,994
  • May 20, 2009 5:49am May 20, 2009 5:49am
Closed out all long for now. Good ticket buying there led the move to a natural point for TP. 1.3720 is next level up.
  • #97,995
  • May 20, 2009 5:52am May 20, 2009 5:52am
Quoting Atlast
Closed out all long for now. Good ticket buying there led the move to a natural point for TP. 1.3720 is next level up.
as said earlier. it was a good call.
1.3670 is a tough resistance so it was good to exit right before it.
  • #97,996
  • May 20, 2009 5:57am May 20, 2009 5:57am
Quoting behzadov
the pivot R1 is on 1.3650 that is a strong resistance. if you check the chart you see the price has come back from this strong R line more than 5 times.

In my oponion the market needs a strong potencial to break this line maybe some kind of news! if this line breaks ( a closed candle in 1H above it) then the targets are 1.3780 and 1.3870.

after that long position and catching the targets a very strong downward movement will start from that area.
I have been searching for Miner Entry Signal indicator for while but can't get it .Will be greatfull if u could post
Thanks
  • #97,997
  • May 20, 2009 5:58am May 20, 2009 5:58am
Quoting notch
Stopped out for a small loss.

EURUSD... I thought it was love!
Yeah man
On friday i mentioned 1.3485 and 1.3430 as my buying points this week with targets of above 1.3740
Come this week i chickened out,entered buses in the opposite direction and now i'm getting punished
Some drink at the fountain of knowledge. Others just gargle !
  • #97,998
  • May 20, 2009 6:00am May 20, 2009 6:00am
Thanks
Still haven't seen a blow out move, now deciding whether to position for more long or wait for this p.m
  • #97,999
  • May 20, 2009 6:01am May 20, 2009 6:01am
behzadov http://www.forexfactory.com/images/buttons/viewpost.gif

good luck with long position, I am still short

to 1,3466 sl 1,3735
  • #98,000
  • May 20, 2009 6:03am May 20, 2009 6:03am
Quoting plan-b
Yeah man
On friday i mentioned 1.3485 and 1.3430 as my buying points this week with targets of above 1.3740
Come this week i chickened out,entered buses in the opposite direction and now i'm getting punished
Oh. You still in those positions?
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