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EURUSD

  • #144,621
  • Sep 20, 2009 5:07pm Sep 20, 2009 5:07pm
Quoting Driver55
Knuckledrag...
coffee is the only thing that never fails by me

I know Europeans like their coffee strong. I don't see how that stuff could ever let you down.

As a child I spent a couple years in Napals---- you people talk funny---and the driving how do you live past puberty.

On a serious note: What is your outlook for the CHF's possible retrace to support. On the EUR I'm looking at 1.4620, but I'm undecided on the CHF.
  • #144,622
  • Sep 20, 2009 5:11pm Sep 20, 2009 5:11pm
Quoting knuckledrag
I know Europeans like their coffee strong. I don't see how that stuff could ever let you down.

As a child I spent a couple years in Napals---- you people talk funny---and the driving how do you live past puberty.

On a serious note: What is your outlook for the CHF's possible retrace to support. On the EUR I'm looking at 1.4620, but I'm undecided on the CHF.

Just for the record, and although i'm European too, Naples is in fact, the most chaotic driving environment I ever experienced, maybe that's why they also have some of the best drivers in the World

Now, of course, that has nothing to do with trading, as knuckle so well put it
Traders are smartasses
  • #144,623
  • Sep 20, 2009 5:14pm Sep 20, 2009 5:14pm
Quoting knuckledrag
I know Europeans like their coffee strong. I don't see how that stuff could ever let you down.

As a child I spent a couple years in Napals---- you people talk funny---and the driving how do you live past puberty.

On a serious note: What is your outlook for the CHF's possible retrace to support. On the EUR I'm looking at 1.4620, but I'm undecided on the CHF.
I have already from last week on USDCHF a limit buy order at 1,0248.
This is the first buy level for me.


EDIT : look at http://www.forexfactory.com/showpost...postcount=1887
The best thing that can happen to you is to find out where you're wrong.
  • #144,624
  • Sep 20, 2009 5:18pm Sep 20, 2009 5:18pm
And thus begins our free fall...
In Charts We Trust!
  • #144,625
  • Edited 5:25pm Sep 20, 2009 5:20pm | Edited 5:25pm
break above 91.65 usd/jpy talk of booking 100 pips plus profit..Japan public holiday today..
  • #144,626
  • Sep 20, 2009 5:23pm Sep 20, 2009 5:23pm
Quoting Patience
Husband?...


If most on this forum were short around 43 kinda explains why I don't hang out here. The trend hasn't changed (defined by support turning to resistance). The trend could change at any time but why in the hell would anyone with half a lick of sense try to anticipate (and risk money) on picking a top I'm not that much of a man (ask Jay I wear high heels).
  • #144,627
  • Sep 20, 2009 5:23pm Sep 20, 2009 5:23pm
can i ask why u said that

kind regards
Quoting X.Oden
And thus begins our free fall...
  • #144,628
  • Sep 20, 2009 5:25pm Sep 20, 2009 5:25pm
haha
Quoting knuckledrag
If most on this forum were short around 43 kinda explains why I don't hang out here. The trend hasn't changed (defined by support turning to resistance). The trend could change at any time but why in the hell would anyone with half a lick of sense try to anticipate (and risk money) on picking a top I'm not that much of a man (ask Jay I wear high heels).
  • #144,629
  • Sep 20, 2009 5:25pm Sep 20, 2009 5:25pm
gold 1002 tanking..
  • #144,630
  • Sep 20, 2009 5:35pm Sep 20, 2009 5:35pm
Quoting Driver55
I have already from last week on USDCHF a limit buy order at 1,0248.
This is the first buy level for me.


EDIT : look at http://www.forexfactory.com/showpost...postcount=1887

Really; I may need to do some rethink here. I was thinking of the next sell point 1.037ish
  • #144,631
  • Sep 20, 2009 5:41pm Sep 20, 2009 5:41pm
Go back to my notes and look at the obvious...the most that will happen on this price gap (if your broker had a gap) is traders will fad the gap before the fall occurs...


Quoting iefke
can i ask why u said that

kind regards
In Charts We Trust!
  • #144,632
  • Sep 20, 2009 5:43pm Sep 20, 2009 5:43pm
Quoting knuckledrag
Really; I may need to do some rethink here. I was thinking of the next sell point 1.037ish
Donīt want to affect anyone.
Maybe I am wrong, maybe I must suffer.
But this is my plan
The best thing that can happen to you is to find out where you're wrong.
  • #144,633
  • Sep 20, 2009 5:48pm Sep 20, 2009 5:48pm
Keeping short EURUSD from last week. SL still 14799 TP 1,4439
  • #144,634
  • Sep 20, 2009 5:49pm Sep 20, 2009 5:49pm
Quoting knuckledrag
If most on this forum were short around 43 kinda explains why I don't hang out here. The trend hasn't changed (defined by support turning to resistance). The trend could change at any time but why in the hell would anyone with half a lick of sense try to anticipate (and risk money) on picking a top I'm not that much of a man (ask Jay I wear high heels).

We are going up unless the market believes Wednesday might offer a surprise.

Mike
  • #144,635
  • Sep 20, 2009 5:51pm Sep 20, 2009 5:51pm
Quoting Driver55
Donīt want to affect anyone.
Maybe I am wrong, maybe I must suffer.
But this is my plan
Don't worry I'm a big boy. I just don't see a change in the market yet. Thank you for your opinion, but I will only trade my plan (I will look at your ideas and give them the respect they have earned) but in the end the trend is down on the CHF and for now I think I'm better off sticking with that.
  • #144,636
  • Sep 20, 2009 5:54pm Sep 20, 2009 5:54pm
Quoting malcolmb14
I do not post in this forum as I HATE euro with a passion. It is the hardest pair to trade . I think GJ (this and gu are the pairs I trade) is easier and they call it the beast lol

anyway here is my take on euro

we are at a very critical level on the weekly charts. EURO has been very strong. This may have something to do with the perception that a euro based currency will reapolce the usd as an international base currency.

Here is the weekly chart... really no sign of slowing down other than the hangman on the daily today that some spoke...
eu 1000 pips drop??
  • #144,637
  • Sep 20, 2009 5:58pm Sep 20, 2009 5:58pm
Quoting acumen
We are going up unless the market believes Wednesday might offer a surprise.

Mike

We will only go up until we don't We don't run the market. If you look back on Ak's thread you'll see that for some time now I've been a fan of the 1.5ish zone, but I don't get to make those decisions.

I'm still just trying to pick rides to the party
  • #144,638
  • Sep 20, 2009 5:59pm Sep 20, 2009 5:59pm
Price is only going to fade the gap and cover shorts before it dips again for the EURUSD....

We are in the C phase of the Elliot Wave....
In Charts We Trust!
  • #144,639
  • Sep 20, 2009 6:01pm Sep 20, 2009 6:01pm
Typically patterns for most reversals are a small dip, then a consolidation consisting of 4 or 5 price bars then a nice drop.......
In Charts We Trust!
  • #144,640
  • Sep 20, 2009 6:13pm Sep 20, 2009 6:13pm
Guys,

I do not believe in easy things , especially in cross exchange markets
I mean I do not think we will see a significant retracement that starts without a violent spike upward.
Most likely they will use the news as an excuse.
Only when all looks at the upside, then perhaps, they will retrace significantly.


EDIT: If we want to take the short at the right time, we will have to decide in split of seconds, , according to a preconceived plan .

In these cases, however, the fear will be the mistress of many.
this is the problem
The best thing that can happen to you is to find out where you're wrong.
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