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EURUSD

  • #116,861
  • Jul 1, 2009 7:47am Jul 1, 2009 7:47am
Quoting MrTrendy
I'll pm the similar technique I read about to you tonight.
thanks , I will be informing you also with this one
I SEE YOU !!
  • #116,862
  • Jul 1, 2009 7:48am Jul 1, 2009 7:48am
I dont find that upward movement to convincing myself. Its not trending up at all just whipsawing around taking the little mans stops out.

Cable also looks weak. Although its moved up this AM I can see a bigger move for everything coming very soon.

Depends on the DOW. If it really does break down then the dollar will strengthen. Cable has had a very good run over the last few months and seems to be stalling now.
rat
  • #116,863
  • Jul 1, 2009 7:51am Jul 1, 2009 7:51am
Quoting rattyo
I dont find that upward movement to convincing myself. Its not trending up at all just whipsawing around taking the little mans stops out.
best honor gift to you.
  • #116,864
  • Jul 1, 2009 7:52am Jul 1, 2009 7:52am
Quoting rattyo
I dont find that upward movement to convincing myself. Its not trending up at all just whipsawing around taking the little mans stops out.
why , it makes perfect sense

news was bad for USD
and market reacted, USD wend down and EU up

and the market is trending up since 7 hours ago
I SEE YOU !!
  • #116,865
  • Jul 1, 2009 7:55am Jul 1, 2009 7:55am
total oposite from yesterday ...think is gona brake 1.4125 but who knows best thing we can do is to speculate ...locked 50 pips profits @ 1.4100 & still on bull ...cheers
  • #116,866
  • Jul 1, 2009 7:59am Jul 1, 2009 7:59am
Quoting rattyo
I dont find that upward movement to convincing myself. Its not trending up at all just whipsawing around taking the little mans stops out.

Cable also looks weak. Although its moved up this AM I can see a bigger move for everything coming very soon.

Depends on the DOW. If it really does break down then the dollar will strengthen. Cable has had a very good run over the last few months and seems to be stalling now.
even if it breakes u wont see it below 4085 atleast today.... good bless amercia cheers guyz & happy trading i ma out on 1.4125
  • #116,867
  • Jul 1, 2009 7:59am Jul 1, 2009 7:59am
Quoting rattyo
I dont find that upward movement to convincing myself. Its not trending up at all just whipsawing around taking the little mans stops out.

Cable also looks weak. Although its moved up this AM I can see a bigger move for everything coming very soon.

Depends on the DOW. If it really does break down then the dollar will strengthen. Cable has had a very good run over the last few months and seems to be stalling now.
Never forget market is full of Supply and Demand.

More demand was n't in 4005.
  • #116,868
  • Jul 1, 2009 8:01am Jul 1, 2009 8:01am
Market says Hello to 4125 and Conclusion Line .
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd3.gif Size: 15 KB
  • #116,869
  • Jul 1, 2009 8:02am Jul 1, 2009 8:02am
Quoting dbfusion
why , it makes perfect sense

news was bad for USD
and market reacted, USD wend down and EU up

and the market is trending up since 7 hours ago
This started going up at 1125GMT?
rat
  • #116,870
  • Jul 1, 2009 8:04am Jul 1, 2009 8:04am
short @ 4128 - 10 pip sl
  • #116,871
  • Jul 1, 2009 8:04am Jul 1, 2009 8:04am
Quoting Beacon
Hope it can reach 4130.
Yes! Almost breaking even the loss yesterday...
  • #116,872
  • Jul 1, 2009 8:05am Jul 1, 2009 8:05am
Quoting rattyo
This started going up at 1125GMT?
A 40 point range for 7hrs is what I have on the charts infront of me?
rat
  • #116,873
  • Jul 1, 2009 8:06am Jul 1, 2009 8:06am
Quoting rattyo
This started going up at 1125GMT?
yes


check my hourly chart and the trend line
Attached Image (click to enlarge)
Click to Enlarge Name: todaystrend.gif Size: 23 KB
I SEE YOU !!
  • #116,874
  • Jul 1, 2009 8:07am Jul 1, 2009 8:07am
Quoting MrTrendy
short @ 4128 - 10 pip sl
now this is gambling IMO
I SEE YOU !!
  • #116,875
  • Jul 1, 2009 8:09am Jul 1, 2009 8:09am
Quoting MrTrendy
short @ 4128 - 10 pip sl
Probably not a good time to enter. There should be more opportunities after the ISM PMI release.
  • #116,876
  • Jul 1, 2009 8:10am Jul 1, 2009 8:10am
Quoting dbfusion
now this is gambling IMO
lol

moved stop to 4140 - think 10 pips was just too tight....

looks a bit overbought? not too much risk for poss 30pip plus return....thoughts?

MT
  • #116,877
  • Jul 1, 2009 8:11am Jul 1, 2009 8:11am
Hi all. Whew, it's hard to trade nowadays. I went long 4060 with 2 scaled down at 4115 and looking for 4225+ for a final target. What was notch's weekly high? I think about 4250 and then...NFP

[EDIT] Needless to say this trade started more than three hours ago. That's why I said it's hard to trade nowadays
  • #116,878
  • Jul 1, 2009 8:12am Jul 1, 2009 8:12am
Quoting MrTrendy
short @ 4128 - 10 pip sl
u have balls to short this ..... last resistance line that matters something is 1.4155.. after that sky is the limit
  • #116,879
  • Jul 1, 2009 8:14am Jul 1, 2009 8:14am
i think that 1.4140 is the max high for today. I started shorting just now @ 1.4130. US unemployment and payroll news should strengthen the dollar today, since the news will be a positive one.
  • #116,880
  • Jul 1, 2009 8:16am Jul 1, 2009 8:16am
Quoting MrTrendy
lol

moved stop to 4140 - think 10 pips was just too tight....

looks a bit overbought? not too much risk for poss 30pip plus return....thoughts?

MT
I got burned so many times trying to pick highs and lows.

going up 100 pip doesn't mean it should go down and vise verse, in fact it can continue another 200 pips .

I don't know and no one can tell . so I only trade with the trend and the momentum

everything is pointing up for me , there is no way i am going to try to short.

I wish you luck ofcorse , just careful coz I gave the market planty of pips this way.

I call it gambling and usually from what i said it doesn't pay off.
I SEE YOU !!
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