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EURUSD

  • #100,101
  • May 25, 2009 1:17am May 25, 2009 1:17am
in progress.....

...
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  • #100,102
  • May 25, 2009 1:17am May 25, 2009 1:17am
On H4 we got Shooting Star pattern so have that in mind while doing whatever it is you're doing.

http://www.shrani.si/f/34/11F/39KGrtJl/shotingstar.png
  • #100,103
  • May 25, 2009 1:17am May 25, 2009 1:17am
Just had to

Obama, democrat...
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  • #100,104
  • May 25, 2009 1:18am May 25, 2009 1:18am
Quoting trading801
why are so many pple bent on shorting?? frmo the charts, hourly.. it is just ranging and testing 1.4050..

I think we have a death wish
  • #100,105
  • May 25, 2009 1:19am May 25, 2009 1:19am
Quoting trading801
why are so many pple bent on shorting?? frmo the charts, hourly.. it is just ranging and testing 1.4050..
charts aside, im of the impression the central banks will support the dollar and stop this climb , they have the most to lose by the dollar losing value at this point. also it's a new week, sometimes the trends wait to change until then.
  • #100,106
  • May 25, 2009 1:20am May 25, 2009 1:20am
Quoting John Lo
are your sure ????
50% sure
  • #100,107
  • May 25, 2009 1:21am May 25, 2009 1:21am
Quoting Clouds
50% sure
That's a helluva lot better than 49.9 %.
  • #100,108
  • May 25, 2009 1:21am May 25, 2009 1:21am
Quoting trading801
why are so many pple bent on shorting?? frmo the charts, hourly.. it is just ranging and testing 1.4050..
Bearing the above comment in mind, look at the Daily as well!!
Good Trading. (keep it simple).
  • #100,109
  • May 25, 2009 1:27am May 25, 2009 1:27am
Quoting Clouds
ok, my view its going to go down to lows of 1.25 or so, over the next 4-5 weeks, and i wouldn't rule out below that. i'm not convinced we are out of the recession, or even at the bottom, and think the usd is going to gain the most from this, since so much is in debt in usd. we'll see in coming weeks. good trading all.
would 1.2435 be more precise?
those who can, do. those who cant, talk about those who can
  • #100,110
  • May 25, 2009 1:30am May 25, 2009 1:30am
While we're tossing around ideas here's one:

THE BIGEST TRIANGLE EVER KNOWN TO MANKIND !


.....could happen.....
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  • #100,111
  • May 25, 2009 1:32am May 25, 2009 1:32am
Quoting toshi
While we're tossing around ideas here's one:

THE BIGEST TRIANGLE EVER KNOWN TO MANKIND !


.....could happen.....
not really.. start top trend line at summer high
those who can, do. those who cant, talk about those who can
  • #100,112
  • May 25, 2009 1:33am May 25, 2009 1:33am
i see a lot of euro bulls r going to get trap in this last bull runs , corection is inminet before braeking up,, seriously will you buy at this prices?????? after 700 pips run with no correction sounds risky
  • #100,113
  • May 25, 2009 1:34am May 25, 2009 1:34am
Quoting Jasper
Bearing the above comment in mind, look at the Daily as well!!
I'd better qualify that, not the immediate Daily, but use Dec 18th's bar as a guide!
Good Trading. (keep it simple).
  • #100,114
  • May 25, 2009 1:35am May 25, 2009 1:35am
Quoting GastonCorzo
i see a lot of euro bulls r going to get trap in this last bull runs , corection is inminet before braeking up,, seriously will you buy at this prices?????? after 700 pips run with no correction sounds risky

well.. aug 08 08 also similar right?
  • #100,115
  • May 25, 2009 1:36am May 25, 2009 1:36am
good morning boys...
where can i see President Weber Speaks?on Bloomberg tv?
  • #100,116
  • Edited 1:39am May 25, 2009 1:38am | Edited 1:39am
Stop loss above 1.4300. Sitting back, relaxing and nursing semi for an opportunity to add more shorts at higher levels.

What are we expecting? 1) A moderate retrace/reversal, or 2) break of a strong resistance.

Food for thought: Do any of these two can happen in a single day without some up down movement? ... and on a day like this? Comeon. Few of us must be overtrading.
The Thief of Wall Street
  • #100,117
  • May 25, 2009 1:39am May 25, 2009 1:39am
Quoting gatorinla
not really.. start top trend line at summer high

Well, no, then it wouldn't be a triangle.

But the way it's drawn, you see, it's a triangle.

Even if we draw it like this.....it's a triangle

That would be about 145, if it had to go there.
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  • #100,118
  • May 25, 2009 1:39am May 25, 2009 1:39am
Quoting Jasper
I'd better qualify that, not the immediate Daily, but use Dec 13th bar as a guide!
do you really think thats going to happen again just watch how hard the retrecement was because it was bough on fear not on fundamentals or technicals
  • #100,119
  • May 25, 2009 1:40am May 25, 2009 1:40am
If market takes out 1.4029 and holds, we could be in for a slow trend up.
Otherwise, it's all downhill for most of the day. I'm short until the daily pivot is taken out.
  • #100,120
  • May 25, 2009 1:41am May 25, 2009 1:41am
Even this funky thing could be a triangle (have to count my threes first)

That would be like 147xx something. But it's still "trangulated", dude.

I always went nuts trying to fit the square peg into the round hole.
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