Attachments: EURUSD

EURUSD

#115,521
Jun 26, 2009 8:14am Jun 26, 2009 8:14am

stevefx
Joined Jun 2009 | Status: Trader | 1,946 Posts

This dip should be bought, I think. Profit taking and shaking peeps out before the next leg.

#115,522
Jun 26, 2009 8:14am Jun 26, 2009 8:14am

streetcry
| Joined May 2009 | Status: Trader | 97 Posts

well short triggered at 4072 lets see where it goes

#115,523
Jun 26, 2009 8:14am Jun 26, 2009 8:14am

IMARICH1
Joined Feb 2006 | Status: Trader | 1,718 Posts

Ok....Atlast....any Long plays here?...How about htis 4060 level?

#115,524
Jun 26, 2009 8:16am Jun 26, 2009 8:16am

Turtle4x
| Joined May 2009 | Status: Junior Nutter | 481 Posts

Quoting gatorinla

Disliked

happy pippin

Ignored

I would call (short term):
1,4030
1,3952
1,3913

#115,525
Jun 26, 2009 8:18am Jun 26, 2009 8:18am

Rabax
Joined Nov 2006 | Status: Trader | 451 Posts

Quoting vinesh2

Disliked

Rabax not a good idead dude. Market is going to range crazy today. What we saw in the morning was a short squeeze its going to tank like hell. Have a good s/l in place buddy good luck. Seems like you are gambling cause boredm is not a esxuse to trade bro.

Ignored

Actually I'm expecting a range beween 1,4070 and 1,4110 for at least a few more hours. but then again I could be wrong.

Greed and impatience are our greatest enemies.

#115,526
Jun 26, 2009 8:20am Jun 26, 2009 8:20am

Atlast
Joined Apr 2009 | Status: Trader | 4,214 Posts

Quoting IMARICH1

Disliked

Ok....Atlast....any Long plays here?...How about htis 4060 level?

Ignored

Read my last post about the levels and what to expect

#115,527
Jun 26, 2009 8:22am Jun 26, 2009 8:22am

IMARICH1
Joined Feb 2006 | Status: Trader | 1,718 Posts

Sorry...but all I am finding is if it hits 4104 its downhill the rest of the day.....Does that mean Short?

#115,528
Jun 26, 2009 8:27am Jun 26, 2009 8:27am

cgldsmth
| Joined Dec 2005 | Status: It's only money | 1,413 Posts

Quoting Rabax

Disliked

Actually I'm expecting a range beween 1,4070 and 1,4110 for at least a few more hours. but then again I could be wrong.

Ignored

I concur - still buying on weakness.

TRADE FOR SWAP

#115,529
Jun 26, 2009 8:30am Jun 26, 2009 8:30am

vinesh2
Joined Aug 2007 | Status: Trader | 2,616 Posts

i dont think 30-40 pips is worth the stress and doubts.

#115,530
Jun 26, 2009 8:36am Jun 26, 2009 8:36am

Rabax
Joined Nov 2006 | Status: Trader | 451 Posts

1,4087 seems really tough. But if there's will, there is a way

I cashed out 1/2 of longs, moved SL to B/E just in case it will hold. Still hoping for 1,4101.

Edit: Great, just as I wrote it, it happened. Cashed out 1 complete long position at 1,4092, other part still waiting for 1,4101.

Greed and impatience are our greatest enemies.

#115,531
Jun 26, 2009 8:37am Jun 26, 2009 8:37am

nvcK
| Joined Jan 2009 | Status: nvc...k? | 446 Posts

I honestly think 1.43 retest is more likely than the 1.39. It could either range between these over the summer like gator said or we could find ourselves on a bullish C wave and end up at ~1.48, THE number you should have your short orders on if you seriously think we are still in a downtrend (I dont).

#115,532
Jun 26, 2009 8:39am Jun 26, 2009 8:39am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Quoting vinesh2

Disliked

i dont think 30-40 pips is worth the stress and doubts.

Ignored

True , things are getting much closer . It may break 1.4098 or 1.4123/max. 46 levels but then almost certainly to tank heavily. So better wait untill it finishes all up now and take the direction for many hundreds of pips perhaps .
Thanks for the advice vinesh.
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#115,533
Jun 26, 2009 8:42am Jun 26, 2009 8:42am

Rabax
Joined Nov 2006 | Status: Trader | 451 Posts

Quoting nvcK

Disliked

I honestly think 1.43 retest is more likely than the 1.39. It could either range between these over the summer like gator said or we could find ourselves on a bullish C wave and end up at ~1.48, THE number you should have your short orders on if you seriously think we are still in a downtrend (I dont).

Ignored

Longer term I expect a correction to 1,36 (it's 2 weeks late if you ask me), but trend is definitely up in my opinion. (mostly on TA and even on some FA).

Greed and impatience are our greatest enemies.