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EURUSD

  • #128,641
  • Aug 5, 2009 12:32pm Aug 5, 2009 12:32pm
Hey Looks Like He's Really Moving !
Perhaps He Has Heard Our Voice...!

Come On Little Boy !
Move It !
  • #128,642
  • Aug 5, 2009 12:45pm Aug 5, 2009 12:45pm
Let's have a double top and a slide back down to .4370! Who's with me? Should only take 4 hours or so....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #128,643
  • Aug 5, 2009 12:46pm Aug 5, 2009 12:46pm
whats your TP for the long movement

Quoting Hasnaa
Hey Looks Like He's Really Moving !
Perhaps He Has Heard Our Voice...!

Come On Little Boy !
Move It !
  • #128,644
  • Aug 5, 2009 12:49pm Aug 5, 2009 12:49pm
Thank you EU, market hasn't been easy to track, but now it's all going right.
One thing I noticed these past 3 days is the corrective mode of the market is making for some difficult calls.
There should be a nice short coming.
  • #128,645
  • Aug 5, 2009 12:51pm Aug 5, 2009 12:51pm
Quoting lanremail
whats your TP for the long movement
As I Said B4 : 1.4450
  • #128,646
  • Aug 5, 2009 12:51pm Aug 5, 2009 12:51pm
Anyone here trading wall street. Care to share a quick analysis as I'm game for a position before end of the day.
  • #128,647
  • Aug 5, 2009 12:55pm Aug 5, 2009 12:55pm
I add new short

1,4429
1,4419
  • #128,648
  • Aug 5, 2009 1:16pm Aug 5, 2009 1:16pm
Lower TF inverted H&S played out perfectly.
Attached Image
  • #128,649
  • Aug 5, 2009 1:44pm Aug 5, 2009 1:44pm
Double top made, R2 1.4462
  • #128,650
  • Aug 5, 2009 1:47pm Aug 5, 2009 1:47pm
Quoting Atlast
Double top made, R2 1.4462
But..

Actually, Euro its strong..

The bulls have hungry..
  • #128,651
  • Aug 5, 2009 1:48pm Aug 5, 2009 1:48pm
Quoting Atlast
Double top made, R2 1.4462
1.4450 is key area right now. Watch closely
  • #128,652
  • Aug 5, 2009 1:49pm Aug 5, 2009 1:49pm
New high of the year.. 1.4447

But could make a new high easily
  • #128,653
  • Aug 5, 2009 1:53pm Aug 5, 2009 1:53pm
Milking the new high @ 1.4445 !!!

Market rewarding patience...


Quoting fxswing
Opportunity knocking...

Took a long 1.4370, just above yesterday's low.
Stop: below yesterday's low.
Target: a new high 1.4445.

Reason for the trade: technical bet. Bulls must react at yesterday's doji low, or we're in for a ride lower.
Getting it right is NOT as important as not getting it wrong.
  • #128,654
  • Aug 5, 2009 1:55pm Aug 5, 2009 1:55pm
yes new high

but, now falls
  • #128,655
  • Aug 5, 2009 1:56pm Aug 5, 2009 1:56pm
AIG and CIT short squeeze ongoing
  • #128,656
  • Aug 5, 2009 2:00pm Aug 5, 2009 2:00pm
Quoting MackS10
1.4450 is key area right now. Watch closely
Sold right there.

Love those big banks... right to brink and then... punt.

No... stop hunting... that doesn't exist.

m
  • #128,657
  • Aug 5, 2009 2:14pm Aug 5, 2009 2:14pm
hope it falls till 1.4330
  • #128,658
  • Aug 5, 2009 2:18pm Aug 5, 2009 2:18pm
Quoting kaccup
hope it falls till 1.4330
  • #128,659
  • Aug 5, 2009 2:34pm Aug 5, 2009 2:34pm
Pump & Dump with Big Dog Baby!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #128,660
  • Aug 5, 2009 2:38pm Aug 5, 2009 2:38pm
That's my chart, and a few lines to show how I trade channel in this EUR/USD situation. I have Bollinger with 3 deviation and 50 EMA, Trend Bands with 34 EMA, Double Woodies CCI with 50,14 to show the divergence and the stochastics.
Attached Image (click to enlarge)
Click to Enlarge Name: entry.gif Size: 37 KB
cut losses short, let profits run.
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