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  • #135,241
  • Edited 6:54am Aug 26, 2009 6:53am | Edited 6:54am
oil getting dumped....below 1.4200 could see the wheels go for a spinn...
  • #135,242
  • Aug 26, 2009 6:56am Aug 26, 2009 6:56am
Quoting OleMiss
If we see a home sales number of around 395-400 shouldn't that make the dollar weaker, thus sending the pair UPWARDS? I went long as of 4252 because of the support levels there and I'm getting crushed. I can't decide whether to suck it up and take the enormous loss or to ride it out until 9AM (CT) when we get the number.
We could settle into a range at this right shoulder area, or we could take another leg down..When I pick the wrong way, I like to cut my losses and keep my options open. Holding a bad position just limits what you can do.
  • #135,243
  • Aug 26, 2009 7:00am Aug 26, 2009 7:00am
Quoting fontu
Hope this break out is true & hold though I am not so ready for this now .1 more day should not be any problem .Perhaps there is any strong news now for such action & not a headfake .
fontu
i dont think. look at china lately... all talk no beef.. shipping rates have been calapsing.. hey but its forex..but no matter what without a job we are not buying. period.. and as time goes on others in the world wont have a job.. korea/india/china is a thorn in the side of japan and europe and neither will recover to the past. the one that is doing well in this economy is korea.. their exports going up as others shrink.. you dont hear cnbc saying this.. media is driven by the elite. they tell you what they want you to know..
those who can, do. those who cant, talk about those who can
  • #135,244
  • Aug 26, 2009 7:04am Aug 26, 2009 7:04am
Quoting OleMiss
If we see a home sales number of around 395-400 shouldn't that make the dollar weaker, thus sending the pair UPWARDS? I went long as of 4252 because of the support levels there and I'm getting crushed. I can't decide whether to suck it up and take the enormous loss or to ride it out until 9AM (CT) when we get the number.
I could be wrong, but this is an opportunity. However, if it exceeded your SL get out, the day is young and you can still get in at a good level to ride it to the top. My money is already in. Having taken 3 intradays I m now in a longer term position, long.
  • #135,245
  • Aug 26, 2009 7:06am Aug 26, 2009 7:06am
Quoting Atlast
I could be wrong, but this is an opportunity. However, if it exceeded your SL get out, the day is young and you can still get in at a good level to ride it to the top. My money is already in. Having taken 3 intradays I m now in a longer term position, long.
yeah I think I'm going to ride it out; the equities markets liked the number and luckily that's transferring to the eurusd as well. I'm 27 pips down but I still think we're due for a retracement after the almost 100 pip fall in the past 5 or 6 hours.
  • #135,246
  • Aug 26, 2009 7:08am Aug 26, 2009 7:08am
Quoting RussoS
HASNAAAAAAAAAA

U ARE SO FUNNY

Go home and wash the dishes u ..... .... .....
Lots of support in that area.

Forbes, you need to go have a shot, kick the dog and get in your pickup and drive through hicksville.
  • #135,247
  • Aug 26, 2009 7:11am Aug 26, 2009 7:11am
Quoting Atlast
I could be wrong, but this is an opportunity. However, if it exceeded your SL get out, the day is young and you can still get in at a good level to ride it to the top. My money is already in. Having taken 3 intradays I m now in a longer term position, long.
What is your TP?
  • #135,248
  • Aug 26, 2009 7:16am Aug 26, 2009 7:16am
Quoting Hasnaa
Oh Boy I've seen U...
U R Shorter than me...
where did u saw me?
  • #135,249
  • Aug 26, 2009 7:16am Aug 26, 2009 7:16am
Quoting RussoS
HASNAAAAAAAAAA

U ARE SO FUNNY

Go home and wash the dishes u ..... .... .....

no wonder why 95% looses their money....guess if the broker would obligued you to pass an IQ&psico test... that number would turn to just 5%
  • #135,250
  • Aug 26, 2009 7:18am Aug 26, 2009 7:18am
posted an article on eur/usd approaching 1.42

do grace it if you have time... thank you...

http://www.forexfactory.com/news.php?do=news&id=193555
  • #135,251
  • Aug 26, 2009 7:28am Aug 26, 2009 7:28am
Quoting lilypedia
Hi Hasna

What`s the target of eurgbp?
Till 61.8 line in picture.
  • #135,252
  • Aug 26, 2009 7:30am Aug 26, 2009 7:30am
trailing above 1.4260...
looking for a good breakdown...
1.4150....

or just cover the short and SOH (sit on hands) untill new opportunity arise



Quoting mandoro
Entry stop hit while sleeping SHORT 1.4340... still in the trade.. trailing closely..

Any ideas for short targets if we break the 1.4260 zone?

Good Luck today
  • #135,253
  • Aug 26, 2009 7:35am Aug 26, 2009 7:35am
Quoting RussoS
HASNAAAAAAAAAA

U ARE SO FUNNY

Go home and wash the dishes u ..... .... .....
As I told b4 , Ur just only a little kid...
By the way there's no need to wash the dishes while i have Servant & Housemaid...
Ur just a little boy....not anymore...
  • #135,254
  • Aug 26, 2009 7:36am Aug 26, 2009 7:36am
I will be buying at 1.4203 if we get there
  • #135,255
  • Aug 26, 2009 7:40am Aug 26, 2009 7:40am
Quoting gatorinla
i dont think. look at china lately... all talk no beef.. shipping rates have been calapsing.. hey but its forex..but no matter what without a job we are not buying. period.. and as time goes on others in the world wont have a job.. korea/india/china is a thorn in the side of japan and europe and neither will recover to the past. the one that is doing well in this economy is korea.. their exports going up as others shrink.. you dont hear cnbc saying this.. media is driven by the elite. they tell you what they want you to know..
Thanks Gatorinla for great information .I know at least "nothing can be recovered who lost the pride & fame lost already forever & the new to emerge who survived as the fittest , just the loosers to take the drawdown very calmly as we small fishes do all the times & restart again with much less leverages & minise gambling parts .
If it a break out I will wait more to confirm .No trades now .
Thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #135,256
  • Aug 26, 2009 7:42am Aug 26, 2009 7:42am
Buy at .4175 - .4190 area.

Yes... the pair is in an uptrend and that won't change today.

If you look at the chart attached we have some very good support coming up.

I have the monthly pivot at .4166 and the 61.8 level is also near that area.

I'm a buyer at those levels.

Mike
Attached Image (click to enlarge)
Click to Enlarge Name: August26.GIF Size: 13 KB
  • #135,257
  • Aug 26, 2009 7:42am Aug 26, 2009 7:42am
I'm seeing a bullish butterfly on 15m.
  • #135,258
  • Aug 26, 2009 7:42am Aug 26, 2009 7:42am
any chance going to 1.4165
  • #135,259
  • Aug 26, 2009 7:44am Aug 26, 2009 7:44am
i dont have an oil chart. but many of you do.. find a support whatever is may be before you go long eu. maybe eu could be entered at its neareast support when oil hits support...70 seems like a logical number but i dont have an oil chart...and if we do go below that level use your head.. this is not ment for scalpers..
those who can, do. those who cant, talk about those who can
  • #135,260
  • Aug 26, 2009 7:53am Aug 26, 2009 7:53am
please HASNAA, can u please explain y u are insisting on long positions? Oil is down, there is good news for the usd and better still my 4h trend line has just been broken to the down side. i ve been short frm 4340 targeting 4070 and i need a good enough reason to exit my short position. thanx
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