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EURUSD

  • #143,481
  • Sep 16, 2009 9:39pm Sep 16, 2009 9:39pm
Quoting ThePipsMaker
Hi, I was looking at the monthly chart and this pair have retraced well above the 61.8 Fib @ 1.4619.

Anyone here anticipate a fall back to 50.0 @ 1.4188 or is 1.4995 in your cards.

This is more of a "poll".
1.4995 to say the least
  • #143,482
  • Sep 16, 2009 9:41pm Sep 16, 2009 9:41pm
interesting point at 1.4735...
  • #143,483
  • Sep 16, 2009 9:43pm Sep 16, 2009 9:43pm
Quoting pawan
interesting point at 1.4735...
what is so interesting about it?
  • #143,484
  • Sep 16, 2009 9:47pm Sep 16, 2009 9:47pm
Quoting ashlee_17
what is so interesting about it?
Well, it's not 4740 but it's also not 4730.

Some people just get turned on by numbers.
Not all sins are created equal
  • #143,485
  • Sep 16, 2009 9:48pm Sep 16, 2009 9:48pm
Quoting ashlee_17
what is so interesting about it?
On the hourly, there are 4 rejections. Think that's the "interesting" part about it i.e. reversal if unable to breach.
  • #143,486
  • Sep 16, 2009 9:52pm Sep 16, 2009 9:52pm
i guess peepmaker you have the thing..

comman sense.. which is not very comman now a days..
  • #143,487
  • Sep 16, 2009 9:54pm Sep 16, 2009 9:54pm
Quoting Jay Walker
Well, it's not 4740 but it's also not 4730.

Some people just get turned on by numbers.

Hehe, neither 1,4739 or 1,4731
  • #143,488
  • Sep 16, 2009 9:54pm Sep 16, 2009 9:54pm
4 rejections on the 4 hr as well
  • #143,489
  • Sep 16, 2009 9:55pm Sep 16, 2009 9:55pm
Or maybe it want so badly to go up.....
Quoting ThePipsMaker
On the hourly, there are 4 rejections. Think that's the "interesting" part about it i.e. reversal if unable to breach.
  • #143,490
  • Sep 16, 2009 9:56pm Sep 16, 2009 9:56pm
Quoting SilverShark
Or maybe it want so badly to go up.....
Looks like resistance to me
  • #143,491
  • Sep 16, 2009 9:57pm Sep 16, 2009 9:57pm
NM my 10 year old indicators -(I thought that was hilarious by the way). We have very different approaches it seems, as long as were makin pips who cares how we trade. When my Dad and I get in the same room trading we both lose money... Different strokes for different folks.

And your right, trend is trending.


Quoting Jay Walker
Yes, 4800 is a big 10 years resistance. But that was then and this is now.

Tons of funnymentals supporting it and technical too. This is only the second month of a trend if you look as the Pisar indicator. The one that ended in July lasted 12 months, the one before that 27 months, and the one before that was 12 months. The one before that...you get the picture.

I'll reverse and take profits if I see a reversal. But right now, I don't see a reversal so long it is.
  • #143,492
  • Sep 16, 2009 9:57pm Sep 16, 2009 9:57pm
and neither...

aah.. forget it....

so we don't see revarsal in near future i hope.. but 1.48 could be high point for retrace.. wht you say guys?
  • #143,493
  • Sep 16, 2009 10:02pm Sep 16, 2009 10:02pm
Quoting pawan
and neither...

aah.. forget it....

so we don't see revarsal in near future i hope.. but 1.48 could be high point for retrace.. wht you say guys?
why?
  • #143,494
  • Sep 16, 2009 10:03pm Sep 16, 2009 10:03pm
Quoting Hissst
as long as were makin pips who cares how we trade
Exactly

Cheers!
Not all sins are created equal
  • #143,495
  • Sep 16, 2009 10:04pm Sep 16, 2009 10:04pm
agree with JAY ... cheers mite !!

and we wpn't see revarsal cuz it's thursday !!!!

i know it' silly reason.. but that's point.. we don't have good reason for revarsal either...
  • #143,496
  • Sep 16, 2009 10:06pm Sep 16, 2009 10:06pm
Looks like the line in the sand for bullish setiment would be over 4735 and bearish would be below 4705...trend is up, however there is definite congestion on all time frames up to 4H....daily also lookin a bit thin...London should give us some direction....
  • #143,497
  • Sep 16, 2009 10:08pm Sep 16, 2009 10:08pm
Quoting pawan
cuz it's thursday !!!!

i know it' silly reason.. but that's point.. we don't have good reason for revarsal either...
Profit taking and spending money on coke and prostitutes is on Friday. Not Thursday.
Not all sins are created equal
  • #143,498
  • Sep 16, 2009 10:09pm Sep 16, 2009 10:09pm
right at 3.10 am... (in toronto) we all will head north!!
  • #143,499
  • Sep 16, 2009 10:11pm Sep 16, 2009 10:11pm
Quoting Jay Walker
Profit taking and spending money on coke and prostitutes is on Friday. Not Thursday.
that was my point i guess.. so no fun should be expected on thursday..

so no revarsal either..
  • #143,500
  • Sep 16, 2009 10:12pm Sep 16, 2009 10:12pm
Quoting Jay Walker
Profit taking and spending money on coke and prostitutes is on Friday. Not Thursday.
I'll drink to that
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