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EURUSD

  • #123,041
  • Jul 19, 2009 10:49pm Jul 19, 2009 10:49pm
I think it's trying to tell us something again.....
Attached Image (click to enlarge)
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  • #123,042
  • Jul 19, 2009 10:52pm Jul 19, 2009 10:52pm
Quoting toshi
I think it's trying to tell us something again.....
and what would that be?
  • #123,043
  • Jul 19, 2009 10:53pm Jul 19, 2009 10:53pm
Quoting ashlee_17
and what would that be?
i think he is trying to tell us that there is a strong resistance up there...
  • #123,044
  • Jul 19, 2009 10:53pm Jul 19, 2009 10:53pm
There is no question, market does not like < 123/125.

Question now should be, how much market does not like > 140/142 ?
  • #123,045
  • Jul 19, 2009 10:54pm Jul 19, 2009 10:54pm
Quoting ashlee_17
and what would that be?
that we're all idiots!
  • #123,046
  • Jul 19, 2009 10:55pm Jul 19, 2009 10:55pm
I heard him say, "Bitch you better get that red line out my face or I be upside yo head."
"If The Fool persists in his Folly he will become wise." - William Blake
  • #123,047
  • Jul 19, 2009 10:57pm Jul 19, 2009 10:57pm
Quoting 2+2=4ex
that we're all idiots!
lol
  • #123,048
  • Jul 19, 2009 10:57pm Jul 19, 2009 10:57pm
Quoting 2+2=4ex
that we're all idiots!
you're right... i'm confused just by now... xD
  • #123,049
  • Jul 19, 2009 10:58pm Jul 19, 2009 10:58pm
hmmmmmmmmmmmmmmm


on the weekly, this channel is clearly bounded by 1.42 and 1.38

anyone feels the same?
  • #123,050
  • Jul 19, 2009 11:00pm Jul 19, 2009 11:00pm
Quoting trading801
hmmmmmmmmmmmmmmm


on the weekly, this channel is clearly bounded by 1.42 and 1.38

anyone feels the same?
i feel there will be break to the upside
  • #123,051
  • Jul 19, 2009 11:02pm Jul 19, 2009 11:02pm
Morning traders.

Welcome to w30, may the pips be with you.
Getting it right is NOT as important as not getting it wrong.
  • #123,052
  • Jul 19, 2009 11:02pm Jul 19, 2009 11:02pm
Quoting ashlee_17
i feel there will be break to the upside
We shall see soon.
  • #123,053
  • Jul 19, 2009 11:02pm Jul 19, 2009 11:02pm
Asian Indices = Green
US Futures = Green
Gold = Up
Crude = Up
CIT = avoiding bankruptcy

Doesn't look very rosey for shorts at the moment ...
Nothing worth having is easy.
  • #123,054
  • Jul 19, 2009 11:03pm Jul 19, 2009 11:03pm
I'm calling for a monster down move in the next day or two.... Watch it happen.
  • #123,055
  • Jul 19, 2009 11:03pm Jul 19, 2009 11:03pm
see that news calendar before? i think this week will be as weird as yesterday... or i'm just misinterpret the news...
  • #123,056
  • Jul 19, 2009 11:03pm Jul 19, 2009 11:03pm
Quoting trading801
hmmmmmmmmmmmmmmm


on the weekly, this channel is clearly bounded by 1.42 and 1.38

anyone feels the same?
I'm in with you on this and I am sitting on the sideline perhaps for the whole of today. PA's are on my blog if you're interested.
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  • #123,057
  • Jul 19, 2009 11:04pm Jul 19, 2009 11:04pm
German PPI was bad--any move up here is just a shot at the options and stops above 1.4200 and should be short lived.
  • #123,058
  • Jul 19, 2009 11:08pm Jul 19, 2009 11:08pm
Quoting FX-Petra
German PPI was bad--any move up here is just a shot at the options and stops above 1.4200 and should be short lived.
lol moves down will be short-lived as well, in the face of too much green in the correlated indicators. Shorts have only hope of some bad news in the earnings out this week....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #123,059
  • Jul 19, 2009 11:08pm Jul 19, 2009 11:08pm
There's some selling here. Doesn't look too strong, though.

A push up from here unsustained, maybe a pin bar or reversal candle,
would look kinda weak.

How hard will they sell it ? Stops at 4200 should atleast pop the pair
high enough for a German Fake-out. Maybe then back to the Daily Pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: euro_sell.PNG Size: 42 KB
  • #123,060
  • Jul 19, 2009 11:08pm Jul 19, 2009 11:08pm
Quoting scottymoll
I'm calling for a monster down move in the next day or two.... Watch it happen.
We will either break above 4200 soon, or we will have to go down. How massive is a unknown---I would not get my hopes up below 3890.
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