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EURUSD

  • #145,261
  • Sep 22, 2009 5:39am Sep 22, 2009 5:39am
channel
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  • #145,262
  • Sep 22, 2009 5:41am Sep 22, 2009 5:41am
Quoting Driver55
perhaps you should not exaggerate
I totally agree with driver55....1000 pips short..illogical calls...

The next stop for the euro is 870 as there is not other resistance in between....max retracement I see till tommorow is 735ish...other than that nothing lower.... We could see the test of
870 with dow testing 10000 before any significant pull back also ...We should see the stock on a pull back after testing 10k due to the usual pullbacks in the month of october...

Good Luck Driver
Let Price determine your future!
  • #145,263
  • Sep 22, 2009 5:46am Sep 22, 2009 5:46am
Quoting govno
I just woke up and here we are 200 pips higher. What pushed EURO up? Too bad I missed the move, stupid idiot I'm waking up earlier from now on.
count yourself lucky, some wish they hadn't woken up at all yet.
  • #145,264
  • Sep 22, 2009 5:54am Sep 22, 2009 5:54am
Dont forget that from the standpoint of timing, the important day is tomorrow and until then , they may continue to stress the short positions.

EDIT: A good example is my short position onEURGBP @ 4060 opened Sunday evening...and fixing them for two days
The best thing that can happen to you is to find out where you're wrong.
  • #145,265
  • Sep 22, 2009 5:59am Sep 22, 2009 5:59am
tanking now ..
  • #145,266
  • Edited 6:00am Sep 22, 2009 6:00am | Edited 6:00am
if we test ny 1.4700 in Ny we are going to 1.4500..
  • #145,267
  • Sep 22, 2009 6:00am Sep 22, 2009 6:00am
Quoting Pipster888
tanking now ..
I agree with driver.And for some reason I think 850 is still in this picture
  • #145,268
  • Sep 22, 2009 6:01am Sep 22, 2009 6:01am
Quoting Driver55
Dont forget that from the standpoint of timing, the important day is tomorrow and until then , they may continue to stress the short positions.

EDIT: A good example is my short position onEURGBP @ 4060 opened Sunday evening...and fixing them for two days
I believe you are spot on with the timing tomorrow. I also have next monday marked off as a potential black monday in the stock market. We will see.
  • #145,269
  • Edited 6:05am Sep 22, 2009 6:04am | Edited 6:05am
No follow thru after .480 NY will sell it down..
  • #145,270
  • Sep 22, 2009 6:06am Sep 22, 2009 6:06am
Quoting Pipster888
No follow thru after .480 NY will sell it down..
I do want to hope so i am short from 1.4800 also If not i will be broke again like yesterday with the shorts
  • #145,271
  • Sep 22, 2009 6:10am Sep 22, 2009 6:10am
Quoting Atlast
count yourself lucky, some wish they hadn't woken up at all yet.

those with no mm ..


anyway one possible reason is that the confidence in the USD is totally gone..

resulting in a mass exodus from it... hmmm
  • #145,272
  • Sep 22, 2009 6:13am Sep 22, 2009 6:13am
I'm going out of short trade. Too risky call for me. PA is laying on 23.6 fibo retracement for too long now.
  • #145,273
  • Sep 22, 2009 6:14am Sep 22, 2009 6:14am
Quoting trading801
those with no mm ..


anyway one possible reason is that the confidence in the USD is totally gone..

resulting in a mass exodus from it... hmmm
did you receive my message?
  • #145,274
  • Sep 22, 2009 6:16am Sep 22, 2009 6:16am
Quoting Tom81
I'm going out of short trade. Too risky call for me. PA is laying on 23.6 fibo retracement for too long now.
I also went out seems to be risky as hell Any ways today got some really bad minus by going short so time for golf now I cant understand the market at all these days.
  • #145,275
  • Sep 22, 2009 6:18am Sep 22, 2009 6:18am
US bank recommending short position in EUR/GBP

By Gerry Davies || September 22, 2009 at 10:53 GMT
|| 0 comments || Add comment
Apparently a rather well-respected (well I think they’re good) US bank is recommending a short postion in EUR/GBP at .9080, with a target of .8400 and a stop above .9250. Nice risk reward. Will help explain the sell-off from session high .9081. We’re presently at .9060.
  • #145,276
  • Sep 22, 2009 6:20am Sep 22, 2009 6:20am
.89 niow..
  • #145,277
  • Sep 22, 2009 6:21am Sep 22, 2009 6:21am
sell in eur/gbp will have follow thru effects for eur/usd..
  • #145,278
  • Sep 22, 2009 6:24am Sep 22, 2009 6:24am
watching 4hr candle for signs of life from bears, if any left.
  • #145,279
  • Sep 22, 2009 6:25am Sep 22, 2009 6:25am
out +10

I am not trading this pair until a weekly candle closes below 1.4600,
it can go to 1.50 but i still won't touch it.

gu is a bit more predictable at the moment
Some drink at the fountain of knowledge. Others just gargle !
  • #145,280
  • Sep 22, 2009 6:27am Sep 22, 2009 6:27am
According to my Daily chart, we are very close to the high of the same date last year (4858).....hmmm....interesting
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