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EURUSD

  • #136,181
  • Aug 28, 2009 5:45am Aug 28, 2009 5:45am
Quoting gatorinla
damn toshi must be sick.. or his broke typing finger..must be risk strain..
last night he must be with his GF...seems he is exhausted today LOL
  • #136,182
  • Aug 28, 2009 5:45am Aug 28, 2009 5:45am
Quoting stevefx
I gotta confess I'm getting pretty bearish myself. Trade with the techs, thats my rule. We are in an overbought -moving down- cycle in every TF up to and including the H1. The one minute will soon move into overbought, thats where I will enter short. Aside from that it just looks shaky. In order to move up bulls need to get some of these TFs on their side without breaking out south. Seems like a tough task presently..
anything can happen... im still waiting for north spike..before down
those who can, do. those who cant, talk about those who can
  • #136,183
  • Aug 28, 2009 5:46am Aug 28, 2009 5:46am
here is my chart guys.. take a look if you want.. regular blue lines are simply s/r, bold blue lines are stronger s/r and those orange lines are the strongest s/r and breaking them could give us signal of changing trend
Attached Image (click to enlarge)
Click to Enlarge Name: pr2.gif Size: 16 KB
Pation is the Holy Grail
  • #136,184
  • Aug 28, 2009 5:47am Aug 28, 2009 5:47am
1.4490 mind it
  • #136,185
  • Aug 28, 2009 5:49am Aug 28, 2009 5:49am
Quoting stevefx
I gotta confess I'm getting pretty bearish myself. Trade with the techs, thats my rule. We are in an overbought -moving down- cycle in every TF up to and including the H1. The one minute will soon move into overbought, thats where I will enter short. Aside from that it just looks shaky. In order to move up bulls need to get some of these TFs on their side without breaking out south. Seems like a tough task presently..

Agreed. Massive resistance at 1.4380 from that ranging channel in July. We need to go down before we go up. Also the profit needs to be taken before the weekend/month end as its a bank holiday here in the UK on Monday. Traders will probably not want to hold on for 3 days. Also if the news is good for the $ in 2 hours, it seems to me like a no brainer, probably go down another 100 or so pips.

Dazzer
  • #136,186
  • Aug 28, 2009 5:49am Aug 28, 2009 5:49am
Quoting gatorinla
anything can happen... im still waiting for north spike..before down
Very true.Anything can happen.We can only do our best with what we have to take our best guess.
  • #136,187
  • Aug 28, 2009 5:53am Aug 28, 2009 5:53am
crude just tapped 73.00
  • #136,188
  • Aug 28, 2009 5:56am Aug 28, 2009 5:56am
Quoting gatorinla
anything can happen... im still waiting for north spike..before down
Yes a reversal can happen if the underlying support is there. Anything can be stopped with enough money. But PA would still need to get driven down first. If on the other hand it was just a spike in an overbought state, I wouldn't have a problem taking the ride with my position. Maybe except for minor panic attacks, toes squirming in sneakers, and muffled pleas for grace.
  • #136,189
  • Aug 28, 2009 5:57am Aug 28, 2009 5:57am
What's PA?
  • #136,190
  • Aug 28, 2009 5:58am Aug 28, 2009 5:58am
Quoting T.E.Lawrence
What's PA?
price, price action
  • #136,191
  • Aug 28, 2009 5:58am Aug 28, 2009 5:58am
Just come back see what happened to oil , starts break & bear to come soon ? hope it go 68 today.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #136,192
  • Aug 28, 2009 5:59am Aug 28, 2009 5:59am
Quoting T.E.Lawrence
What's PA?
A State in the US
  • #136,193
  • Aug 28, 2009 6:01am Aug 28, 2009 6:01am
Quoting T.E.Lawrence
What's PA?

Hi buddy Koala Lawrence..

PA usually refers to in FOREX context here...

price action..

it is refering to how the price is moving .

For example,

Today's PA is very bearish
What a ranging PA today
What a crazy PA today
Lets look at London's PA before deciding
  • #136,194
  • Aug 28, 2009 6:02am Aug 28, 2009 6:02am
Are we ready to go south? Or do you need more time for your bullish games?!
  • #136,195
  • Aug 28, 2009 6:04am Aug 28, 2009 6:04am
Quoting T.E.Lawrence
Are we ready to go south? Or do you need more time for your bullish plays?!
DOn't think we are going much of nowhere till Us open/then again anything can happen
  • #136,196
  • Aug 28, 2009 6:05am Aug 28, 2009 6:05am
We don't need'em! Let's go!
  • #136,197
  • Aug 28, 2009 6:07am Aug 28, 2009 6:07am
Up and way?
  • #136,198
  • Aug 28, 2009 6:08am Aug 28, 2009 6:08am
For everytime EU goes down

http://youtube.com/watch?v=GAM9diIDHqs
  • #136,199
  • Aug 28, 2009 6:09am Aug 28, 2009 6:09am
Quoting T.E.Lawrence
Are we ready to go south? Or do you need more time for your bullish games?!
You should have stayed with our earlier Longs. I'm hoping it is going further up from 1.4361. Of course it may also come down from there!!!
Good Trading. (keep it simple).
  • #136,200
  • Aug 28, 2009 6:09am Aug 28, 2009 6:09am
Quoting Atlast
For everytime EU goes down

http://youtube.com/watch?v=GAM9diIDHqs
This video has been removed by the user.

Fail.
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paogeh