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  • #130,241
  • Aug 11, 2009 10:04pm Aug 11, 2009 10:04pm
Here we go down to support. Meanwhile back at the ranch we have this ..

http://blogs.reuters.com/rolfe-winkl...e-jobs-number/
  • #130,242
  • Aug 11, 2009 10:05pm Aug 11, 2009 10:05pm
Day chart look BUY
4H look Buy

1H look Sell....

interesting thing is both Day and 4H chart didnt break the upward trend line of 1.4110 yesterday.

today looking forward to 1.4116.

so my target for today is slightly different because I'm looking for a BUY.

pending buy at 1.4120, target 1.4170(R/S), SL 1.4090(another R/S).

note: 1.4110 is a strong support.

price now is:1.4135...
  • #130,243
  • Aug 11, 2009 10:06pm Aug 11, 2009 10:06pm
Quoting gatorinla
kiwi broke that support i was talking about. now lets see what happens
which support ur referring tooooo
  • #130,244
  • Aug 11, 2009 10:08pm Aug 11, 2009 10:08pm
Quoting Knowlegeable
Here we go down to support. Meanwhile back at the ranch we have this ..

http://blogs.reuters.com/rolfe-winkl...e-jobs-number/

ya I think most of us noticed this as well... thanks for the information.

this will definitely makes non US drops ......
  • #130,245
  • Aug 11, 2009 10:10pm Aug 11, 2009 10:10pm
Morning greetings from sunny Africa,
Seems like i didnt miss much in the last 8 hours of sleep.

Obama and Soros seem to think a bottom could be in place and if Berny shares similar sentiment then we could see an increase in risk appetite, money will therefore move from risk averse(read usd denominated) assets and we could see a big dollar selloff. The charts also seem to share this view.
Those who bought dollars last week should consider offloading most if not all of their positions just incase the above scenario plays out.
But at the end of the day the market will do whatever it damn well wants

happy piping
Some drink at the fountain of knowledge. Others just gargle !
  • #130,246
  • Aug 11, 2009 10:14pm Aug 11, 2009 10:14pm
hmmmm

the price is far too long around this region...

with my "intimate" knowledge of this pair, the market must be waiting for some news.. and when that happens,


HUG ON TO YOUR FU#@%$#@%#KING TREE !
  • #130,247
  • Aug 11, 2009 10:18pm Aug 11, 2009 10:18pm
www.youtube.com/watch?v=ukeHdiszZmE

Stop, Dave....I'm afraid.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #130,248
  • Aug 11, 2009 10:21pm Aug 11, 2009 10:21pm
i'm afraid enough as well to stop me from scraping. Better sit tight and wait it out. Good luck to those in the market.
  • #130,249
  • Aug 11, 2009 10:23pm Aug 11, 2009 10:23pm
Quoting trading801
hmmmm

the price is far too long around this region...

with my "intimate" knowledge of this pair, the market must be waiting for some news.. and when that happens,


HUG ON TO YOUR FU#@%$#@%#KING TREE !
Why would you want to hug trees?

Hold on to your f@#king hat
Not all sins are created equal
  • #130,250
  • Aug 11, 2009 10:28pm Aug 11, 2009 10:28pm
On Thursday we have 3 news coming out for USD. Core Retail Sales m/m, Retail Sales, and Unemployment Claims. Previous numbers came out positive for all 3 news. I been thinking that since 3 news coming out same time for same currency we might see a big spike up for maybe good 50 pips. I might be wrong. Any news traders out there that want to add your 5 cents?
  • #130,251
  • Aug 11, 2009 10:30pm Aug 11, 2009 10:30pm
Quoting Jay Walker
Why would you want to hug trees?

Hold on to your f@#king hat
This is my hat and I'm holding on to it.
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  • #130,252
  • Aug 11, 2009 10:35pm Aug 11, 2009 10:35pm
Quoting toshi
This is my hat and I'm holding on to it.
I think Anheuser Busch's Budweiser is pure evil.

But better that hat than the pink one worn by koala rescuers

http://www.professionalequipment.com...64_product.jpg

Edit. For those who don't just skim or plainly skip my posts, I'm still long on the monthly frame.

Bears, don't get your panties in a bunch.
Not all sins are created equal
  • #130,253
  • Aug 11, 2009 10:35pm Aug 11, 2009 10:35pm
Quoting UncleSam123
On Thursday we have 3 news coming out for USD. Core Retail Sales m/m, Retail Sales, and Unemployment Claims. Previous numbers came out positive for all 3 news. I been thinking that since 3 news coming out same time for same currency we might see a big spike up for maybe good 50 pips. I might be wrong. Any news traders out there that want to add your 5 cents?
may be worth 5 cents, don't know.....

Eurozone industrial production later today/tonite
consensus for a mild 0.3% month over month

The trend in this indicator popped to the upside last month for the first time in 2009.
Will be noteworthy if Europe is making more planes, trains and automobiles or
if it was a one-off thing and production is still suffering.
  • #130,254
  • Aug 11, 2009 10:39pm Aug 11, 2009 10:39pm
Quoting Jay Walker
I think Anheuser Busch's Budweiser is pure evil.

But better that hat than the pink one worn by koala rescuers

http://www.professionalequipment.com...64_product.jpg
I do not disagree. Budweiser is evil and I often drink it while I talk to the devil.
This has been going on for many years now, and we're getting along fine..

Devil says hello to you, Jay.
  • #130,255
  • Aug 11, 2009 10:43pm Aug 11, 2009 10:43pm
Quoting gatorinla
6658
thanks, i thought u r referring to EUR/USD........
  • #130,256
  • Aug 11, 2009 10:43pm Aug 11, 2009 10:43pm
Quoting toshi
I do not disagree. Budweiser is evil and I often drink it while I talk to the devil.
This has been going on for many years now, and we're getting along fine..

Devil says hello to you, Jay.
Beelzebub? That two timing bastard told me he was loyal to Guinness.

I'll have to send Saddam Hussein after him to kick his ass. If only that was all he did to his ass
Not all sins are created equal
  • #130,257
  • Aug 11, 2009 10:55pm Aug 11, 2009 10:55pm
Quoting Jay Walker
Beelzebub? That two timing bastard told me he was loyal to Guinness.

I'll have to send Saddam Hussein after him to kick his ass. If only that was all he did to his ass
I heard saddam was working at the devil's bakery, along with guess who ?

Paddy-cake....Paddy-cake......Oooooweeeee......
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  • #130,258
  • Aug 11, 2009 11:12pm Aug 11, 2009 11:12pm
Quoting Jay Walker
I think Anheuser Busch's Budweiser is pure evil.

But better that hat than the pink one worn by koala rescuers

http://www.professionalequipment.com...64_product.jpg

Edit. For those who don't just skim or plainly skip my posts, I'm still long on the monthly frame.

Bears, don't get your panties in a bunch.

Koala rescuers wear this kind of hat??? ok i am off to buy one too !!!

btw thanks for informing about sam.. i am very sadden by it..


lastly i am long .. just like you ... so we are not so different after all
  • #130,259
  • Aug 11, 2009 11:15pm Aug 11, 2009 11:15pm
Quoting trading801
Koala rescuers wear this kind of hat??? ok i am off to buy one too !!!

btw thanks for informing about sam.. i am very sadden by it..


lastly i am long .. just like you ... so we are not so different after all
Seriously, it's sad about Sam.

Don't buy a pink hat. Unless you're ready to join the Village People.

I'm long but it's my first time trade on the monthly frame. Sure is testing the psychology of it all.
Not all sins are created equal
  • #130,260
  • Aug 11, 2009 11:19pm Aug 11, 2009 11:19pm
Quoting trading801
Koala rescuers wear this kind of hat??? ok i am off to buy one too !!!

btw thanks for informing about sam.. i am very sadden by it..


lastly i am long .. just like you ... so we are not so different after all


Now I finally understand why I'm just a little less comfortable on the long side of the trade.

It's the pink hats. That's all. I thought there was something else, some other mental blockage perhaps,
but alas, it's the hats. Thanks for the info, guys. I was about to go have my head examined.

may do that anyway.....
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