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  • #107,881
  • Jun 9, 2009 9:28am Jun 9, 2009 9:28am
am back... unusually quiet PA for an overlap session ya?
  • #107,882
  • Jun 9, 2009 9:32am Jun 9, 2009 9:32am
US markets opens with moderate gains...Euro GBP may slide down a little
  • #107,883
  • Jun 9, 2009 9:34am Jun 9, 2009 9:34am
Quoting vinesh2
Don;t attempts longs till we break 1.4050 area. Sell all rallies till then with very tight stops. Best to stay out today till we get a direction. Most likely direction will come during Asian but most likely UK session.
and after that long?
i thought we are goint to see 1.36ish
  • #107,884
  • Jun 9, 2009 9:35am Jun 9, 2009 9:35am
Geithner is speaking....i thought the USD would gain...guess not!
  • #107,885
  • Jun 9, 2009 9:36am Jun 9, 2009 9:36am
i m Short @1.4006
  • #107,886
  • Jun 9, 2009 9:36am Jun 9, 2009 9:36am
Yea, its testing the double 00 level once again. Lots of Resistance here.

Quoting TrooperCoope
Selling power isnt that strong... might see a last push up. Then look if the top stands.
  • #107,887
  • Jun 9, 2009 9:37am Jun 9, 2009 9:37am
USD can't gain when Geihtner speaks.
  • #107,888
  • Jun 9, 2009 9:37am Jun 9, 2009 9:37am
EUR/USD has bounced at 1.3850 support and after breaking intra-day resistance level at 1.3935, the pair has tested 1.4000 resistance level, which remains intact so far although the Euro trades at levels right below there.
  • #107,889
  • Jun 9, 2009 9:37am Jun 9, 2009 9:37am
Quoting Alihuzaifa
i m Short @1.4006
What's your target?
  • #107,890
  • Jun 9, 2009 9:40am Jun 9, 2009 9:40am
Highly doubt we will see 1.36 anytime soon. We need to break below 1.37 1st. Most likely we will be ranging for a while. If we break 1.405 we go to 1.435 1st and then to 1.45. Stay out if in doubt.
  • #107,891
  • Jun 9, 2009 9:40am Jun 9, 2009 9:40am
Quoting pippenn
What's your target?
i dont keep any targets...if i will feel market is moving other side i will just close my position...

i am not that rigid trader to enter market with all those calculations.
  • #107,892
  • Jun 9, 2009 9:40am Jun 9, 2009 9:40am
no pic to sell or buy now
  • #107,893
  • Jun 9, 2009 9:40am Jun 9, 2009 9:40am
Quoting afv2009
By Chris Fournier
June 9 (Bloomberg) -- Goldman Sachs Group Inc. advised buying the euro versus the dollar as risk aversion eases, prices of commodities rebound and talk of alternative reserve currencies undermine confidence in the greenback.
“with a stop on a close below 1.3720 for an initial target of 1.45.”

Source: http://www.bloomberg.com/apps/news?p...refer=currency
Here' the thing, The SL is 1.3720, even if the EU lost over 280 points from here, they would still be right.
  • #107,894
  • Jun 9, 2009 9:40am Jun 9, 2009 9:40am
Quoting Alihuzaifa
EUR/USD has bounced at 1.3850 support and after breaking intra-day resistance level at 1.3935, the pair has tested 1.4000 resistance level, which remains intact so far although the Euro trades at levels right below there.

Why are you repeating what has just been said?
  • #107,895
  • Jun 9, 2009 9:42am Jun 9, 2009 9:42am
Hi all , how is the day? Just take my first trade of the day and close with only 12 pips in long eu .I see eu as in very small bullish set up and expecting down to about 1.3969 level before the bull run if possible to as high as 1.4080 . I will wait to short if possible at that level.

What others say?

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #107,896
  • Jun 9, 2009 9:42am Jun 9, 2009 9:42am
Quoting Alihuzaifa
i dont keep any targets...if i will feel market is moving other side i will just close my position...

i am not that rigid trader to enter market with all those calculations.

Paper is rarely very rigid.
  • #107,897
  • Jun 9, 2009 9:43am Jun 9, 2009 9:43am
Quoting notch
Why are you repeating what has just been said?
may be i missed what has been said LOLL
  • #107,898
  • Jun 9, 2009 9:47am Jun 9, 2009 9:47am
Quoting fontu
Hi all , how is the day? Just take my first trade of the day and close with only 12 pips in long eu .I see eu as in very small bullish set up and expecting down to about 1.3969 level before the bull run if possible to as high as 1.4080 . I will wait to short if possible at that level.

What others say?

fontu

I have to put my money on a DT here. My panel is screaming at me "add more with v.tight stop"
  • #107,899
  • Jun 9, 2009 9:48am Jun 9, 2009 9:48am
interesting.. the daily PA tries to creep back to channel
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  • #107,900
  • Jun 9, 2009 9:49am Jun 9, 2009 9:49am
Dont look at me
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