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  • #102,241
  • May 28, 2009 11:41am May 28, 2009 11:41am
Price got support at 1.3929 and so close half of shorts & others closely observing if the support break or bounce to the top & above 1.3985 again.

If apply MK's filter then bounce expected .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #102,242
  • May 28, 2009 11:42am May 28, 2009 11:42am
Quoting GastonCorzo
what ever kiddo!!!!!!!!!!!
thats exactly what i said make up your mind or even better do not get in the middle of a post if you have not read the previous post because then youll make up conroversy and will look like an ignorant because do not know the rest of the story
  • #102,243
  • Edited 12:19pm May 28, 2009 11:43am | Edited 12:19pm
Quoting GastonCorzo
2

Stewrig, it looks like you're in for a good old ribbing if the EURUSD tanks!
  • #102,244
  • May 28, 2009 11:44am May 28, 2009 11:44am
Quoting GastonCorzo
seems to me that that phrase really define you jajajja"talk what you know not just to blow "
you really should get more fiber in your diet..
those who can, do. those who cant, talk about those who can
  • #102,245
  • May 28, 2009 11:45am May 28, 2009 11:45am
Quoting fontu
Price got support at 1.3929 and so close half of shorts & others closely observing if the support break or bounce to the top & above 1.3985 again.

If apply MK's filter then bounce expected .

fontu

I think it has come and gone!
  • #102,246
  • May 28, 2009 11:48am May 28, 2009 11:48am
Quoting notch
I think it has come and gone!
I just see it is retesting the support .so tp 1.3906 will be intact .No lots of changes by this time tp may have to change to 1.3860.
Thanks
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #102,247
  • May 28, 2009 11:50am May 28, 2009 11:50am
ok, 1.3937 resistence was beaten and we are on our way back home to 1.3900. I feel less nervous now
If your coffee smiles at you - smile it back
  • #102,248
  • May 28, 2009 11:52am May 28, 2009 11:52am
Quoting stewrigh
Just a retrace before the uptrend resumes - lol.
Hi Stew, how are you mate? Hope all is good with you
I agree the current movement right now could just be a pullback, but I think the near term support where buyers would be is at the lower 3700 levels, which coincides with the rising tl. Although, personally I think the harami cross is usually a strong indication of a trend reversal. But who cares, just trade the direction as usual. Have a good one mate
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Thank You
  • #102,249
  • May 28, 2009 11:58am May 28, 2009 11:58am
Quoting wormboy
Hi Stew, how are you mate? Hope all is good with you
I agree the current movement right now could just be a pullback, but I think the near term support where buyers would be is at the lower 3700 levels, which coincides with the rising tl. Although, personally I think the harami cross is usually a strong indication of a trend reversal. But who cares, just trade the direction as usual. Have a good one mate

It doesn't show as a 'harami cross' on my chart (different broker data feeds etc) otherwise I would have been even more Bearish...
  • #102,250
  • May 28, 2009 12:00pm May 28, 2009 12:00pm
Im looking at my 30m chart and see it has reached the 38fib @ 3910 i think its headed right back up to test 140
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  • #102,251
  • May 28, 2009 12:05pm May 28, 2009 12:05pm
Quoting gatorinla
3975 area may be a little resistance..top of trend line lower since 4050. on my 1hr chart then the 4050 top..others excuding the normal 3949 3917/19 3907 3886 3846 3814 3782
this was the entry
those who can, do. those who cant, talk about those who can
  • #102,252
  • May 28, 2009 12:05pm May 28, 2009 12:05pm
Quoting IMARICH1
I have been chasing this
  • #102,253
  • Edited 12:19pm May 28, 2009 12:06pm | Edited 12:19pm
Quoting Bling
Im looking at my 30m chart and see it has reached the 38fib @ 3910 i think its headed right back up to test 140

Or it could just be a classic wave retracement.
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  • #102,254
  • May 28, 2009 12:07pm May 28, 2009 12:07pm
Quoting notch
Well you might get a slight bounce upwards just in case you want to offload the position in order to join Bear side....the right side.
Nope I'm contrarian - I always do the opposite of the 95% retail traders.
  • #102,255
  • May 28, 2009 12:08pm May 28, 2009 12:08pm
Quoting notch
Stewrig, it looks like you're end for a good old ribbing if the EURUSD tanks!

Thats a BIG IF -
  • #102,256
  • May 28, 2009 12:09pm May 28, 2009 12:09pm
Short @ 3936 SL 20 pips lets see
Never sell @ lower upward channel unless breacked and vise versa .
  • #102,257
  • May 28, 2009 12:09pm May 28, 2009 12:09pm
Quoting stewrigh
Nope I'm contrarian - I always do the opposite of the 95% retail traders.

lol...you're stealing my lines!
  • #102,258
  • May 28, 2009 12:09pm May 28, 2009 12:09pm
Quoting Bling
Im looking at my 30m chart and see it has reached the 38fib @ 3910 i think its headed right back up to test 140
Wouldn't that be nice. Pity it didn't make it the first time. The day's trend is still up, but I just got a warning flaag on my system which shows the trend is likely about to change.
  • #102,259
  • May 28, 2009 12:10pm May 28, 2009 12:10pm
Quoting IMARICH1
I got stopped out at 3985 on a short Intered at 3960....so mad!!!I have been chasing this and trying for a place to enter Short...any rebound in store...If not I may have to wait to see if 3890 gets taken out....
16 posts since 2006
I should learn to say so little.
  • #102,260
  • May 28, 2009 12:12pm May 28, 2009 12:12pm
Quoting wormboy
Hi Stew, how are you mate? Hope all is good with you
I agree the current movement right now could just be a pullback, but I think the near term support where buyers would be is at the lower 3700 levels, which coincides with the rising tl. Although, personally I think the harami cross is usually a strong indication of a trend reversal. But who cares, just trade the direction as usual. Have a good one mate

Hi Azim,

Its good to see you here.

Yeah all this talk about haramis and Dojis is making me nervous - but I'm a stubborn SOB and my stops are just below 37 so I'm gonna sit this one out.
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