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  • #121,861
  • Jul 15, 2009 11:26am Jul 15, 2009 11:26am
I am short near the top. Hourly resistance is holding.
  • #121,862
  • Jul 15, 2009 11:28am Jul 15, 2009 11:28am
I now hold shorts at the following prices:

1,3972
1,4067
1,4090
1,4125

Just so you know. I won't give you my stops though, I don't want you all to go stop hunting
Greed and impatience are our greatest enemies.
  • #121,863
  • Jul 15, 2009 11:32am Jul 15, 2009 11:32am
How did calculate 1.4124 earlier? Where do you think it's heading
Disclaimer: Check your 1m charts
  • #121,864
  • Jul 15, 2009 11:35am Jul 15, 2009 11:35am
Quoting fayz0r
There's a lot of scenarios that can take shape in the actual price action of the eurusd, the best of it is a swing back to 1.3720-50 area, and a push back to a new high in the current trend which will be above 1.434x, and the rest are a continuation without any serious pullback to 1.37xx levels..

trend is up, price is so much supported technically and fundamently to reach a new high into its current trend.. a lot of resistance on the road.. can be traded scalply, swingly or even Hold and forget.. for serious longs stops should be below 1.3720...
This trader was right on the money, her charts were gold but her opinion was completely rejected in this thread, Im not sure you guys know the difference between real, pro traders and some of the ego trippers on this forum
BTC Return This Year: na
  • #121,865
  • Jul 15, 2009 11:36am Jul 15, 2009 11:36am
A break below 1.4096 will confirm the top for me. Lets hope it gets there fast.
  • #121,866
  • Jul 15, 2009 11:37am Jul 15, 2009 11:37am
OverDamnSold
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cut losses short, let profits run.
  • #121,867
  • Jul 15, 2009 11:38am Jul 15, 2009 11:38am
I tend to agree, went short right now at 1.4116
  • #121,868
  • Jul 15, 2009 11:40am Jul 15, 2009 11:40am
Quoting M.A.C.Doug
This trader was right on the money, her charts were gold but her opinion was completely rejected in this thread, Im not sure you guys know the difference between real, pro traders and some of the ego trippers on this forum
It wasn't a bad post.

m
  • #121,869
  • Jul 15, 2009 11:40am Jul 15, 2009 11:40am
Can someone give me a good reason to short here? My numbers are still 1.4138 and 1.4184 before considering a short.

Trust your charts. I tried to long the USDCAD yesterday even though i had 1.1498 and 1.1323 as supports (which were both broken). Needless to say, that didn't work out to well for me.
Si vis pacem, para bellum.
  • #121,870
  • Jul 15, 2009 11:41am Jul 15, 2009 11:41am
But still, I'm not happy with 1,4110-16 holding... We should get below 1,4090 for a real pullback / reverse.
Greed and impatience are our greatest enemies.
  • #121,871
  • Jul 15, 2009 11:42am Jul 15, 2009 11:42am
Quoting Duce
Can someone give me a good reason to short here?
Why not? My stop is at 1.4220. I'm still an Euro bull but this upmove was too fast too far...
  • #121,872
  • Jul 15, 2009 11:46am Jul 15, 2009 11:46am
Xaron, no disrespect, but isn't that obvious to everyone? I'm just worried about missing something and a bull lurking around the corner ready to run me over. Am I being too cautious?
Si vis pacem, para bellum.
  • #121,873
  • Jul 15, 2009 11:49am Jul 15, 2009 11:49am
Quoting Duce
Can someone give me a good reason to short here? My numbers are still 1.4138 and 1.4184 before considering a short.

Trust your charts. I tried to long the USDCAD yesterday even though i had 1.1498 and 1.1323 as supports (which were both broken). Needless to say, that didn't work out to well for me.
It got to 1.4138.
  • #121,874
  • Jul 15, 2009 11:52am Jul 15, 2009 11:52am
What are the chances of it getting to 4158/60 before reversing Atlast?
  • #121,875
  • Jul 15, 2009 11:53am Jul 15, 2009 11:53am
I got 1.41349 as today's high (so far)
Si vis pacem, para bellum.
  • #121,876
  • Jul 15, 2009 12:03pm Jul 15, 2009 12:03pm
Quoting Xaron
Why not? My stop is at 1.4220. I'm still an Euro bull but this upmove was too fast too far...
Agreed.

This move has been brought to you by the Acme Hot Air Co. The coyote should make his apperance shortly.

If memory serves me right, he usually dashes off a cliff, holds up a sign and falls to the canyon.

I guess we could call this move up a Road Runner move.

On a different note I kept getting the pesky Energizer Bunny crossing my screen during the past 30 hours or so.

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I haven't the little drum thumping rascle in a while.
  • #121,877
  • Jul 15, 2009 12:04pm Jul 15, 2009 12:04pm
My most recent entries...
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  • #121,878
  • Jul 15, 2009 12:08pm Jul 15, 2009 12:08pm
Quoting IMARICH1
What are the chances of it getting to 4158/60 before reversing Atlast?
There you are.
Kudos to those following this up today. I had missed the large part of the upswing as I was busy today. Now holding short.
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  • #121,879
  • Jul 15, 2009 12:09pm Jul 15, 2009 12:09pm
Quoting bablo
Agreed.

This move has been brought to you by the Acme Hot Air Co. The coyote should make his apperance shortly.

If memory serves me right, he usually dashes off a cliff, holds up a sign and falls to the canyon.

I guess we could call this move up a Road Runner move.

On a different note I kept getting the pesky Energizer Bunny crossing my screen during the past 30 hours or so.

Attachment


I haven't the little drum thumping rascle in a while.
If I recall correctly...the Road Runner had the ability to defy gravity.
Si vis pacem, para bellum.
  • #121,880
  • Jul 15, 2009 12:09pm Jul 15, 2009 12:09pm
Quoting USD-Bear
Damn, thats my first time instead of selling I'm buying, corrected now sold @ 4120, got a feeling this is going wrong, lets see.........
I'm getting tyred.
Made a SL @ 4140 with trailing 10

Good night
Don't be a hero. Don't have an ego. Always question yourself
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