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  • #146,861
  • Sep 26, 2009 9:29pm Sep 26, 2009 9:29pm
Quoting Jay Walker
You're been on about ranging for a couple days now. What makes you say it will?
hi buddy.. i usually observe other market conditions..

for example gold and s&p 500 is now displaying ranging signs...

i assume this as a sign of market hesitation ..

therefore eur/usd may display similar signs..

besides.. it was rejected at 1.46 and 1.48 areas and weekly closed sightly lower instead..

of course extreme data or news may tip this balance... next week has quite a number.. like non farm pay roll..

or perhaps for some "secret" reasons the sentiments changes, then we may not range..

being a sensitive new age koala, i try to interpret how the market "feels"

lol .. hope i made some sense
  • #146,862
  • Sep 26, 2009 11:10pm Sep 26, 2009 11:10pm
Quoting Chicky
1.4920 is conservative, may go higher. But shorting this thing may damage longer-term long positions. I would look for low risk buying opportunity around 1.4500.

Don't want to sign my own Black Warrant.

Thank you Chicky,

But IMO,

Cause EUR/USD is now too high

It 's now more Safe to Sell on Rally ?

and

1,4920 is an ideal High ever for Short ?

TKS
  • #146,863
  • Sep 27, 2009 12:31am Sep 27, 2009 12:31am
I am going short this week.
  • #146,864
  • Sep 27, 2009 1:10am Sep 27, 2009 1:10am
http://www.dailymarkets.com/forex/20...rex-confusion/
In Charts We Trust!
  • #146,865
  • Edited 1:28am Sep 27, 2009 1:16am | Edited 1:28am
Quoting Forex4pty
Bearish Monday
Bullish Tuesday



jk, have a nice weekend, going to the beach tomorrow
May be but how do you predict daywise?
I suppose it will go up to 1.4724 & if break above then to 61 before break down ,towards 1.4550 first phase .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #146,866
  • Edited 1:43am Sep 27, 2009 1:33am | Edited 1:43am
Quoting learntowin
Thank you Chicky,

But IMO,

Cause EUR/USD is now too high

It 's now more Safe to Sell on Rally ?

and

1,4920 is an ideal High ever for Short ?

TKS
Learntowin,

Hanoi Puppet Show is great. Miss all those lakeside cafes and fresh rice bread.

It depends how one reads the market. There are always few pips for skilled traders regardless of what direction they select, as market never goes up or down in a straight line.

I cannot play longer term right now, however, plan such moves and go for its small components if market presents low risk opportunities.

A down move up to the vicinity of mid 1.4s is very much possible and therefore shorts may play out in this correction. I don't favor selling rallies in an up trend (or in an infant down trend). People may call me crazy (and maybe rightly so because anything can happen) but I think this pair is in a very strong up trend, an extremely strong one from 1.3900.

One maybe right more than 50% of the time but market is right 100% of the time. Therefore see no point in going against the market. Selling rallies to me is showing disrespect to market. It may be rewarding at times, but got punished several times in the past and therefore got my mind right.

I won't short this thing at whatever level below 1.9500/2.000 unless a major economic change triggers a trend change before it gets there.

It is better to lose an opportunity than to lose money.
The Thief of Wall Street
  • #146,867
  • Sep 27, 2009 2:16am Sep 27, 2009 2:16am
how r u chicky buddy
  • #146,868
  • Sep 27, 2009 2:27am Sep 27, 2009 2:27am
i love beer
  • #146,869
  • Sep 27, 2009 2:39am Sep 27, 2009 2:39am
This week in GBP/JPY:
2 last min friday took it from 142,70 to 143,00 area and after trade closed in 143,157(bid).

Trading plan - open and to wednesday (asian session/start london session):
going to 145,55 area and drop (see trendlines in chart), hope we will open lower than the close . If you follow these trendlines I will update with a monthly chart were it looks like in october we will test 147,50 area (should be a slow month)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpytargetweek.jpg Size: 82 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #146,870
  • Sep 27, 2009 2:57am Sep 27, 2009 2:57am
you know what really grinds my gears? people never say anything about my charts or ideas. You guys just ignore all of them. My trades are very profitable. go back and look at them. but whatever
  • #146,871
  • Sep 27, 2009 3:09am Sep 27, 2009 3:09am
Quoting mfoste1
you know what really grinds my gears? people never say anything about my charts or ideas. You guys just ignore all of them. My trades are very profitable. go back and look at them. but whatever
calm down buddy !!

what do you feel about the upcoming week?
  • #146,872
  • Sep 27, 2009 3:15am Sep 27, 2009 3:15am
http://wackyiraqi.com/wtf/waambulance.jpg
Not all sins are created equal
  • #146,873
  • Sep 27, 2009 3:45am Sep 27, 2009 3:45am
Quoting mfoste1
you know what really grinds my gears? people never say anything about my charts or ideas. You guys just ignore all of them. My trades are very profitable. go back and look at them. but whatever
haha calm down...every body is just busy with them self...
  • #146,874
  • Sep 27, 2009 4:09am Sep 27, 2009 4:09am
Quoting mfoste1
you know what really grinds my gears? people never say anything about my charts or ideas. You guys just ignore all of them. My trades are very profitable. go back and look at them. but whatever
Don't worry - it's not uncommon. People are more interested in looking at somebody's statement than a chart.

But you could always put a picture of a pretty girl in your avatar and you might get a response then
Nothing worth having is easy.
  • #146,875
  • Sep 27, 2009 4:16am Sep 27, 2009 4:16am
Quoting Patience
Don't worry - it's not uncommon. People are more interested in looking at somebody's statement than a chart.

But you could always put a picture of a pretty girl in your avatar and you might get a response then
lol buddy.. no wonder no one looks at my koala
  • #146,876
  • Edited 4:49am Sep 27, 2009 4:16am | Edited 4:49am
Quoting Patience
Don't worry - it's not uncommon. People are more interested in looking at somebody's statement than a chart.

But you could always put a picture of a pretty girl in your avatar and you might get a response then
i love that...can u please send me some pics of pretty girls i dont have any lol

try this pic...
Attached Image
  • #146,877
  • Sep 27, 2009 4:47am Sep 27, 2009 4:47am
Quoting Alihuzaifa
i love that...can u please send me some pics of pretty girls i dont have any lol
Oh, Ali, you disappoint me. I thought you were the "King of Love" like H was the "Queen of Forex" - lol

Another one bites the dust ....

Atlanta's Georgian Bank is 95th failure of the year; FDIC to take $892 million hit
9/25/2009 4:26:23 PM


Nothing worth having is easy.
  • #146,878
  • Sep 27, 2009 4:51am Sep 27, 2009 4:51am
Quoting Patience
Oh, Ali, you disappoint me. I thought you were the "King of Love" like H was the "Queen of Forex" - lol

Another one bites the dust ....

Atlanta's Georgian Bank is 95th failure of the year; FDIC to take $892 million hit
9/25/2009 4:26:23 PM

omg hahaha yes i got this news FDIC failed
  • #146,879
  • Sep 27, 2009 5:04am Sep 27, 2009 5:04am
Posted this back in July when EU was at 1.4.

http://www.forexfactory.com/showpost...stcount=122914

Don't normally look at EW but seems to be working here.

I love it when a plan comes together....

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  • #146,880
  • Sep 27, 2009 5:20am Sep 27, 2009 5:20am
Quoting Alihuzaifa
omg hahaha yes i got this news FDIC failed
Did you catch this?

HSBC bids farewell to dollar supremacy
By Ambrose Evans-Pritchard
Published: 7:14PM BST 20 Sep 2009

The sun is setting on the US dollar as the ultra-loose monetary policy of the US Federal Reserve forces China and the vibrant economies of the emerging world to forge a new global currency order, according to a new report by HSBC.

"The dollar looks awfully like sterling after the First World War," said David Bloom, the bank's currency chief.

http://www.telegraph.co.uk/finance/c...supremacy.html
Nothing worth having is easy.
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