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  • #141,221
  • Sep 10, 2009 9:55am Sep 10, 2009 9:55am
.4575 the magic number where central banks unloaded.

To try again, or way too obvious?...

Ha, ha, just 5 more pips to hit it...
  • #141,222
  • Sep 10, 2009 9:56am Sep 10, 2009 9:56am
i am short 1.4570 target 100 pip
  • #141,223
  • Sep 10, 2009 9:57am Sep 10, 2009 9:57am
seems like it just wans to test 1.46 again
  • #141,224
  • Sep 10, 2009 9:58am Sep 10, 2009 9:58am
Quoting vangcuibap
i am short 1.4570 target 100 pip
i too
My English is Bad... Sorry Mi Espaņol es Bueno
  • #141,225
  • Sep 10, 2009 10:02am Sep 10, 2009 10:02am
Good entries, .vangcuibap and SpanishPip. I have one off at .4568. After that 50 pip runup it should retrace down abit. If , indeed, those banks are pushing it down they start the pressure again here soon.
Quoting SpanishPip
i too
  • #141,226
  • Sep 10, 2009 10:02am Sep 10, 2009 10:02am
major news oil inventories -5906k v expected -1850k usd will rally...
  • #141,227
  • Sep 10, 2009 10:04am Sep 10, 2009 10:04am
Quoting acumen
I'd rather buy lower... around .4500 or .4520 if we get there.
The chart has some explanations so have a gander.
Mike
PS - Keep in mind - I'm a scalper - I don't do long term so my 'long term' is one day.
you again right
I bought like you told at 4500-4520 and made profit till 4570
thanks man, keep the good work everyday
waiting for tomorrow's your Trade Suggestions
ROBOT FOREX
  • #141,228
  • Sep 10, 2009 10:04am Sep 10, 2009 10:04am
Quoting unBEARable
are you stuck in a long?
yes, but getting unstuck with every passing minute very whippy this morning - but US markets are about to go to new highs here oh and third try at 1.46, it should ZOOM right over
----- Dragonfly out in the sun you know what I mean, don't you know
  • #141,229
  • Sep 10, 2009 10:11am Sep 10, 2009 10:11am
these hours forex movement depends on stock s&p dow and these are going
up unkindly right now so US will be bear for next hours by the way
if they(stock) fall ,sell stop loss will be protect
  • #141,230
  • Sep 10, 2009 10:12am Sep 10, 2009 10:12am
Again about to test 1.4586 area & some selling pressure remains arround but taking partial profits & with ts to see if can break again with more ease.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #141,231
  • Sep 10, 2009 10:15am Sep 10, 2009 10:15am
I have 4566 as the 61.8 fibo retrace of todays move down
above that is dead space till 4594
  • #141,232
  • Sep 10, 2009 10:16am Sep 10, 2009 10:16am
so i guess the folks here are mostly longers?
  • #141,233
  • Sep 10, 2009 10:23am Sep 10, 2009 10:23am
Quoting acumen
if you trade with Oanda they have a free news source.

these guys are plugged in and the majority of their news or rumors come out later as being on the money.

m
You don't need to trade with them to have access. That said, there is a lot of "spam" in the feed making it easy to miss the juicy stuff.
  • #141,234
  • Sep 10, 2009 10:23am Sep 10, 2009 10:23am
Quoting trading801
so i guess the folks here are mostly longers?
LOL. That a first. Everyone is usually very "short" around here.
  • #141,235
  • Sep 10, 2009 10:27am Sep 10, 2009 10:27am
Quoting trading801
so i guess the folks here are mostly longers?
yep, till Im short again
  • #141,236
  • Sep 10, 2009 10:28am Sep 10, 2009 10:28am
Quoting Pipster888
major news oil inventories -5906k v expected -1850k usd will rally...
Low inventories = Expensive oil = Weak Dollar

on my planet, anyways
  • #141,237
  • Sep 10, 2009 10:29am Sep 10, 2009 10:29am
Quoting pipul8r
yep, till Im short again
that's the way ... hard life ...
"I will walk before they make me run" K.Richards
  • #141,238
  • Sep 10, 2009 10:33am Sep 10, 2009 10:33am
Quoting nvcK
Low inventories = Expensive oil = Weak Dollar

on my planet, anyways


hahaha simple rule eh
  • #141,239
  • Sep 10, 2009 10:33am Sep 10, 2009 10:33am
Quoting nvcK
Low inventories = Expensive oil = Weak Dollar

on my planet, anyways

but oil has turned red first time today?
Some drink at the fountain of knowledge. Others just gargle !
  • #141,240
  • Sep 10, 2009 10:35am Sep 10, 2009 10:35am
Quoting Byrd
So if two very large countries/banks are selling a TON of eurusd (more then usual I'd imagine and both at the same time) couldn't one suspect we are in for a very long fall as they would not be holding those positions and take that kind of risk for just 100pips. Their R/R would have to be better then that....


Something to think about.
In this market... ain't enough to necessary swing the tide.

But it sure does help the bear case .

m
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