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EURUSD

  • #141,321
  • Sep 10, 2009 1:57pm Sep 10, 2009 1:57pm
Quoting egkid
Love ur way of trade And Helping others
So do I!!
  • #141,322
  • Sep 10, 2009 1:59pm Sep 10, 2009 1:59pm
1.4700 is the next resistance to check,it doesn't make any sense to me a reversal without forming a double top in the weekly chart.
  • #141,323
  • Sep 10, 2009 1:59pm Sep 10, 2009 1:59pm
Quoting ashlee_17
it is not recommended to go against a strong up trend movement
.4600 appears to be protected.

We may move up but I'm guessing some serious consolidation is in order after today's heavy sell orders.

Mike
  • #141,324
  • Sep 10, 2009 2:01pm Sep 10, 2009 2:01pm
Quoting Legio_Ulpia
1.4700 is the next resistance to check,it doesn't make any sense to me a reversal without forming a double top in the weekly chart.
last time i checked market's weren't about sense or logic.

bias, emotion and fear.

m
  • #141,325
  • Sep 10, 2009 2:02pm Sep 10, 2009 2:02pm
Dead or asleep?

Attached Image
Some drink at the fountain of knowledge. Others just gargle !
  • #141,326
  • Sep 10, 2009 2:04pm Sep 10, 2009 2:04pm
Quoting plan-b
Dead or asleep?

Attachment
you can see it on his face.

m
  • #141,327
  • Sep 10, 2009 2:05pm Sep 10, 2009 2:05pm
Quoting fontu
still some shorts on from 1.4610 .tp1 1.4575 tp2 1.4561 before another bull .
fontu
you recovered well today mate, well done.
  • #141,328
  • Sep 10, 2009 2:07pm Sep 10, 2009 2:07pm
Quoting Atlast
Have you heard that 5 is a fibonacci number. Still go with the trend, you have a point if you're long term.
4H is my home sweet home. My comfort zone and that is where I am most profitable.

Reversal is coming and I will be hopping on that train for a nice long (short, LOL) ride. Questing in when, I'm waiting for my signal.
  • #141,329
  • Sep 10, 2009 2:10pm Sep 10, 2009 2:10pm
Quoting acumen
you can see it on his face.

m
LOL!!!!! My guess is that there's not enough volume to define if he's dead, asleep or constipated... imho...
  • #141,330
  • Sep 10, 2009 2:14pm Sep 10, 2009 2:14pm
Quoting Legio_Ulpia
1.4700 is the next resistance to check,it doesn't make any sense to me a reversal without forming a double top in the weekly chart.
a double top has to start somewhere and the second tip can form after a move of 300 in both directions before coming to be rejected again at 1.46 this time next week
Some drink at the fountain of knowledge. Others just gargle !
  • #141,331
  • Sep 10, 2009 2:15pm Sep 10, 2009 2:15pm
i think we stay up. at least until tomorrow when the US consumer numbers comes out. most people think it will be better than expected. which could lead the dollar higher.
  • #141,332
  • Sep 10, 2009 2:15pm Sep 10, 2009 2:15pm
Atlast,

I took a SHORT at 4600 and took all of it off at 4574 except for a very small size.....very small!

It looks like it could continue downward but close to the end of the day and low volume.....I am thinking it won;t continue much now until it consolidates...

Your perspective for a move down?
  • #141,333
  • Sep 10, 2009 2:19pm Sep 10, 2009 2:19pm
Quoting maurofx
LOL!!!!! My guess is that there's not enough volume to define if he's dead, asleep or constipated... imho...
he's dead but wall street (crooks like goldman and morgan) always find ways to pump it. it will come down hard again and that will take the eur and oil with it.

they pretend like subprime never happened and now it is a beautiful "coming out of recession" story.

i have known may people who stopped making mortgages a year ago and they still live in their homes. no one is even asking them to pay or leave - what a beautiful world - it's the new american way of home ownership who's paying for all this?
  • #141,334
  • Sep 10, 2009 2:23pm Sep 10, 2009 2:23pm
Quoting Levent
he's dead but wall street (crooks like goldman and morgan) always find ways to pump it. it will come down hard again and that will take the eur and oil with it.

they pretend like subprime never happened and now it is a beautiful "coming out of recession" story.

i have known may people who stopped making mortgages a year ago and they still live in their homes. no one is even asking them to pay or leave - what a beautiful world - it's the new american way of home ownership who's paying for all this?
you mean like this

Attached Image
Some drink at the fountain of knowledge. Others just gargle !
  • #141,335
  • Sep 10, 2009 2:23pm Sep 10, 2009 2:23pm
Quoting Atlast
you recovered well today mate, well done.
Thanks , all green today & huge profit , still tracking for my tp2 at 1.4561 but as time to close door I may close all & go.
Repeated bull failure should invite bears again If price come below 1.4550 again, just my idea. expanding triangle.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #141,336
  • Sep 10, 2009 2:25pm Sep 10, 2009 2:25pm
Quoting sed34
i think we stay up. at least until tomorrow when the US consumer numbers comes out. most people think it will be better than expected. which could lead the dollar higher.
Sell the news. Too much USD bear hype. Commodities are too high, going to stifle growth.
  • #141,337
  • Sep 10, 2009 2:27pm Sep 10, 2009 2:27pm
Quoting IMARICH1
Atlast,

I took a SHORT at 4600 and took all of it off at 4574 except for a very small size.....very small!

It looks like it could continue downward but close to the end of the day and low volume.....I am thinking it won;t continue much now until it consolidates...

Your perspective for a move down?
Good trade. I think it's done. Someone mentioned consumer sentiment numbers tomorrow, so could be held up a bit before the big one. It should go to 1.4546 or so. It's getting late in the session and could consolidate or even move up a bit before getting there. I am done for today. Made enough, mustn't be greedy. I will keep watching.
  • #141,338
  • Sep 10, 2009 2:38pm Sep 10, 2009 2:38pm
Quoting Atlast
Good trade. I think it's done. Someone mentioned consumer sentiment numbers tomorrow, so could be held up a bit before the big one. It should go to 1.4546 or so. It's getting late in the session and could consolidate or even move up a bit before getting there. I am done for today. Made enough, mustn't be greedy. I will keep watching.
not greedy is good
  • #141,339
  • Sep 10, 2009 2:43pm Sep 10, 2009 2:43pm
Hello you all,
I am new to this forum but not in the forex trading.
I find it very interesting to be able to chat and advise each other!
About the Eur/Usd, I wanted you guies' opinion for the next weekly trend?
Look overall the USD lost 3.7% this year and it seems to continue going that way, since the interest rate is very low and so the American currency looks less & less appealing. I am more of a fundamental style trader, holding positions for many days.
Any suggestions/opinions?
Tomo



Quoting doclouis
I had a great return...I sold off half for a 150pip profit....then I unfortunately ...
didnt adjust my limit order.......and my remaining lot brought in around 125...

I did nt jump back in Overall I was happy with the results

L
  • #141,340
  • Sep 10, 2009 2:51pm Sep 10, 2009 2:51pm
US markets closing very strong 5 days up please forex gods, 1.46 and stick!
----- Dragonfly out in the sun you know what I mean, don't you know
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