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  • #126,581
  • Jul 29, 2009 1:59pm Jul 29, 2009 1:59pm
We are actually on 61.8 Fib and 1.4 psychlevel, better wait for a solid break (if occours) and retest.

Quoting VinzZ
I'm not quite sure it is a good moment to short now. You should have done it half a day ago... It's a good moment to sit and watch
  • #126,582
  • Jul 29, 2009 2:00pm Jul 29, 2009 2:00pm
My long term prediction is going all the way down to 3850 and a little lower, before a long bounce back up.

I'm thinking it will break out of this range long, just not sure when. But I do think it has to hit 3850 before a break out finally happens.
  • #126,583
  • Jul 29, 2009 2:02pm Jul 29, 2009 2:02pm
now where is the next movement of eurusd????

1.4013 current...

short or long????

Aariff
  • #126,584
  • Jul 29, 2009 2:03pm Jul 29, 2009 2:03pm
I am sorry Guys but this is my first time posting here and i think u should take it easy ...trading is for fun just patience PA will show it direction...everyone is coming to learn and share is opinion either wrong or correct i think u should always plan ur trade and trade ya plan.
stay safe...
MY OPINION NOT FINANCIAL ADVISE
  • #126,585
  • Jul 29, 2009 2:03pm Jul 29, 2009 2:03pm
Quoting gatorinla
i did some reverse enginering and came up with 3999 yesterday, but my closest number is 4001.. so i go with 4001.. my closest to that is 4010... i have this as the low so for today.. ten pips aint that bad but i need 4002 before close to make me feel good about it.. 4148 is a big deal to me.. a close below that adds a little more bearish sedment to my way of thinking.

but nothing is a sure thing in forex

you are god Gator
  • #126,586
  • Jul 29, 2009 2:05pm Jul 29, 2009 2:05pm
Chart of how I think it will play out over the next couple weeks.
Attached Image (click to enlarge)
Click to Enlarge Name: eurpred.gif Size: 13 KB
  • #126,587
  • Jul 29, 2009 2:23pm Jul 29, 2009 2:23pm
The guys whose are telling about going down to 1.3850 are right. I think it will bear longer tommorow and on Friday, that shows predictions, and the only question is when to short?

PS. This day i opened a 3 long EUR/USD positions and i didnt closed. The highest position i opened long at 1.4138. I didnt closed anyone of them so im in a real stuck now, and only a bounce in 1.3850 can save my ass.

Im going to open a short position too.
  • #126,588
  • Jul 29, 2009 2:26pm Jul 29, 2009 2:26pm
Quoting donfriday
I am sorry Guys but this is my first time posting here and i think u should take it easy ...trading is for fun just patience PA will show it direction...everyone is coming to learn and share is opinion either wrong or correct i think u should always plan ur trade and trade ya plan.
stay safe...
Good advice . Before opening any trade everybody must do some prediction,analysis,bais, intuition or just blind whatever he to go oneside risking his own money,time & energy and so he put some information here & we can know too that ,may help us making our own decision.Anyway nobody knows the future & so trading is surely fun to hit the target & make money that is totally unknown & unseen.Aim the target ,put safeguard ,once hit the target either do it or get hurt may be fatal enough to die.
So take all precaution before attempting any hit with utmost patience & care .

Welcome donfriday in this thread.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #126,589
  • Jul 29, 2009 2:31pm Jul 29, 2009 2:31pm
Quoting Edgaras
The guys whose are telling about going down to 1.3850 are right. I think it will bear longer tommorow and on Friday, that shows predictions, and the only question is when to short?

PS. This day i opened a 3 long EUR/USD positions and i didnt closed. The highest position i opened long at 1.4138. I didnt closed anyone of them so im in a real stuck now, and only a bounce in 1.3850 can save my ass.

Im going to open a short position too.
you'll see 1.4130 pretty soon
ROBOT FOREX
  • #126,590
  • Edited 3:06pm Jul 29, 2009 2:40pm | Edited 3:06pm
[quote=Edgaras;2913673]The guys whose are telling about going down to 1.3850 are right. I think it will bear longer tommorow and on Friday, that shows predictions, and the only question is when to short?[/quote]

Good question! when in doubt you wait for pattern to develop, wait daily close new pivot points or london and a close antention to daily range developement too ,you dont have to take the entire move because you dont need to , a little bit out of it should be fine if you trade intraday its all about a smart trading plan
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #126,591
  • Jul 29, 2009 2:48pm Jul 29, 2009 2:48pm
hej guy, any idea on the target point for the current long?
  • #126,592
  • Jul 29, 2009 2:53pm Jul 29, 2009 2:53pm
Quoting USD-Bear
Seems it's doing some basebuilding around 4009
Trying long @ 4009
SL @4004
TP who knows
Closed @ 4036
Don't be a hero. Don't have an ego. Always question yourself
  • #126,593
  • Jul 29, 2009 2:53pm Jul 29, 2009 2:53pm
I wonder if anyone sees the upchannel on h4. for the past day and a half we moved from the uppper wall to the lower wall EXACTLY If this channel holds and channels this wide are tough to break, we have just bottomed out and in about a week we shoud be back at the upper wll at 1.4350 - 1.4400
Have a free long trade at 1.4010 now
Riding the Dragon....
  • #126,594
  • Jul 29, 2009 2:56pm Jul 29, 2009 2:56pm
Quoting USD-Bear
Closed @ 4036
too early
wait at least for 1.4100-30
ROBOT FOREX
  • #126,595
  • Jul 29, 2009 2:56pm Jul 29, 2009 2:56pm
Quoting Forbes55
too early
wait at least for 1.4130-50
I'm a convinced scalper..........
Don't be a hero. Don't have an ego. Always question yourself
  • #126,596
  • Jul 29, 2009 3:03pm Jul 29, 2009 3:03pm
Have you ever heared about Fibs and psychlines and what they mean in the FX trading world?

It's your money and margin call.

I don't say that it can't go further down but I say it's not the right moment to open a short trade unless you wanna practice Las Vegas methods.

Even worth if this 4H candle close as a pinbar

Quoting Edgaras

Im going to open a short position too.
Attached Image (click to enlarge)
Click to Enlarge Name: eu4h290709.gif Size: 38 KB
  • #126,597
  • Jul 29, 2009 3:03pm Jul 29, 2009 3:03pm
Quoting Farstrider
I wonder if anyone sees the upchannel on h4. for the past day and a half we moved from the uppper wall to the lower wall EXACTLY If this channel holds and channels this wide are tough to break, we have just bottomed out and in about a week we shoud be back at the upper wll at 1.4350 - 1.4400
Have a free long trade at 1.4010 now
please post a chart if you're talking about channels. I can draw about 3 or 4 of them on mine right now, not sure which one you're talking about.
  • #126,598
  • Jul 29, 2009 3:05pm Jul 29, 2009 3:05pm
Quoting USD-Bear
I'm a convinced scalper..........
Plus protection against possible sl hunt that may begin very soon. Vampires come out only after dark i.e. after NY close.
The Thief of Wall Street
  • #126,599
  • Jul 29, 2009 3:06pm Jul 29, 2009 3:06pm
Quoting Forbes55
you'll see 1.4130 pretty soon
Ill will be very lucky then and it will look amazing through, why do you know it will go to 1.4130?
  • #126,600
  • Jul 29, 2009 3:14pm Jul 29, 2009 3:14pm
Quoting cobraforex
Have you ever heared about Fibs and psychlines and what they mean in the FX trading world?

It's your money and margin call.

I don't say that it can't go further down but I say it's not the right moment to open a short trade unless you wanna practice Las Vegas methods.

Even worth if this 4H candle close as a pinbar
Thats funny ok im thinking about margin call, predictions are not good, the down trend line in H4 was not reached yet, I dont say that its good to short now, but it was good before if you wanted to scalp, anyway its going down.
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