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EURUSD

  • #141,181
  • Sep 10, 2009 9:02am Sep 10, 2009 9:02am
s&p,oil and gold all in the red!
  • #141,182
  • Sep 10, 2009 9:02am Sep 10, 2009 9:02am
Quoting Pipster888
euro falling apart will test 1.44 now snb intervention took profit at 1.4535 amazing went for a cigarette and tp hit
just resold 10 lots@ 1.4520 tp1.4440
pipster888 very good
  • #141,183
  • Sep 10, 2009 9:02am Sep 10, 2009 9:02am
Atlast,

Yes you are right....you did call it and try to help again today for those like me who got stopped out and should have re-entered!

I was dealing with a juvenile on probation with me and didn;t get back to my desk in time. Always helping out someone and never able to help myself...that's life I guess!

Appreciate all you do here! You are a great trader! I have seen you consistently do well in this arena amongst people like me who do not do as well. Thanks!
  • #141,184
  • Sep 10, 2009 9:04am Sep 10, 2009 9:04am
But it happens.

I picked top and bottom and made buy and sell recommendations almost to the PIP on the chart I posted last night.

#140909

Sure... I'd love to lie and tell you how great I am... but the only one who believes that is me.

Once you put some confluences together you have great buy and sell areas.

Today was just one of those days where there are confluences at both buy and sell areas. (Very rare)

Mike
  • #141,185
  • Sep 10, 2009 9:04am Sep 10, 2009 9:04am
What a big ranging till all news end later today...Thanx for the all educational and funny comments made by u guys...its making trading forex not bad at all !

Be carefull overtrading...and remember to just wait for good opportunity that u always waiting....be patient

GL and see u tomorow.....
  • #141,186
  • Sep 10, 2009 9:04am Sep 10, 2009 9:04am
Quoting Pipster888
euro falling apart will test 1.44 now snb intervention took profit at 1.4535 amazing went for a cigarette and tp hit
just resold 10 lots@ 1.4520 tp1.4440
ill probably go short arround 4550 maybe even higher ... if we get there... and if still look ok...
but right now it looks oversold to me
  • #141,187
  • Sep 10, 2009 9:05am Sep 10, 2009 9:05am
one candlestick in the opposite direction of trend that eat 2 or more candlesticks in the direction of the trend is a sign of the bullish reversal
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.gif Size: 10 KB
  • #141,188
  • Sep 10, 2009 9:07am Sep 10, 2009 9:07am
Wow, was away for one hour for work. Came back and I see that a short reached TP... After a new yearly high was made! Happy I didn't see moving that PA
Close your eyes when you feel you are going under.
  • #141,189
  • Sep 10, 2009 9:07am Sep 10, 2009 9:07am
Quoting alxxx
one candlestick in the opposite direction of trend that eat 2 or more candlesticks in the direction of the trend is a sign of the bullish reversal
yes. i gree
  • #141,190
  • Sep 10, 2009 9:11am Sep 10, 2009 9:11am
Quoting acumen
But it happens.

I picked top and bottom and made buy and sell recommendations almost to the PIP on the chart I posted last night......
I noticed your last recommendation. I already put a short position then nut extended it with some more pips. And yes you were VERY VERY right, so precise! Grats for that . I'm not trading your recommendation, but I take them into account to learn! Thanks again Mike.
Close your eyes when you feel you are going under.
  • #141,191
  • Sep 10, 2009 9:13am Sep 10, 2009 9:13am
wish i would have got in on that drop! News at 0830 seemed to help out the euro from 0830 til 0900. Then it dropped like crazy. Still trying to figure out why it dropped so much! No crazy fluctuation upon market open either.... hmmmmm?
  • #141,192
  • Sep 10, 2009 9:14am Sep 10, 2009 9:14am
anyone know what happened ive got snb intervention from gain capital..anything else that was a huge drop in 10 mins..
  • #141,193
  • Sep 10, 2009 9:14am Sep 10, 2009 9:14am
Quoting VinzZ
I noticed your last recommendation. I already put a short position then nut extended it with some more pips. And yes you were VERY VERY right, so precise! Grats for that . I'm not trading your recommendation, but I take them into account to learn! Thanks again Mike.
it's all about pivots and s/r these days.

m
  • #141,194
  • Sep 10, 2009 9:15am Sep 10, 2009 9:15am
One report had the Indian central bank selling a half-yard of EUR/USD while another had China doing the same.

thats all i found about the drop.
  • #141,195
  • Edited 9:18am Sep 10, 2009 9:17am | Edited 9:18am
yep look at usd/chf looks like intervention snb..also
  • #141,196
  • Sep 10, 2009 9:18am Sep 10, 2009 9:18am
please go up!!
----- Dragonfly out in the sun you know what I mean, don't you know
  • #141,197
  • Sep 10, 2009 9:18am Sep 10, 2009 9:18am
Quoting unBEARable
One report had the Indian central bank selling a half-yard of EUR/USD while another had China doing the same.

thats all i found about the drop.
yea they wud be doing tht to strengthen the value of the dollar so that the indian rupee becomes weaker and so tht their exporters benefit
  • #141,198
  • Sep 10, 2009 9:18am Sep 10, 2009 9:18am
Quoting unBEARable
One report had the Indian central bank selling a half-yard of EUR/USD while another had China doing the same.

thats all i found about the drop.
What's a half-yard ?
  • #141,199
  • Sep 10, 2009 9:19am Sep 10, 2009 9:19am
Must leave for a couple of hours. Watch 1.4554 and see how it reacts there.
I am flat.
  • #141,200
  • Sep 10, 2009 9:21am Sep 10, 2009 9:21am
Quoting unBEARable
One report had the Indian central bank selling a half-yard of EUR/USD while another had China doing the same.

thats all i found about the drop.
2 billion plus populations trying to make Usd stronger interesting...
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