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  • #152,561
  • Oct 15, 2009 1:28am Oct 15, 2009 1:28am
Quoting GastonCorzo
looks like its failing to break up for now
According to just what time frame is that?

I expect some down move on Friday as a result of profit taking. But tomorrow's unemployment numbers in the U.S. come out so it may be a completely different ball game.
Not all sins are created equal
  • #152,562
  • Oct 15, 2009 1:29am Oct 15, 2009 1:29am
Quoting SilverShark
oh nooo, it`s 20 pips down!
Yeah!

That's MAJOR you know?!
Not all sins are created equal
  • #152,563
  • Oct 15, 2009 1:31am Oct 15, 2009 1:31am
good morning
I 'like what I see.
The small move just now down looks like a perfect oportunity to buy again.
EU markets will go higher today as to follow the US from last night.
Good Trading everyone,
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #152,564
  • Oct 15, 2009 1:33am Oct 15, 2009 1:33am
Yea, next stop is 1.4317

Quoting Jay Walker
Yeah!

That's MAJOR you know?!
  • #152,565
  • Oct 15, 2009 1:35am Oct 15, 2009 1:35am
Quoting Jay Walker
According to just what time frame is that?

I expect some down move on Friday as a result of profit taking. But tomorrow's unemployment numbers in the U.S. come out so it may be a completely different ball game.

I definetly agree with you....however I am medium, long term bull on the pair. Right now I think theres just too much BUZZ in this trend over the past 3 days given the levels that we were at. Expect covering and profit taking...This will be a good time to make safe accurate adds to long positions.
  • #152,566
  • Oct 15, 2009 1:38am Oct 15, 2009 1:38am
Quoting The Fool
you know Frankie will fade it...


do you dare?
im starting to build shorts from 4950 to 5011 ,, for the retracement is over due
  • #152,567
  • Oct 15, 2009 1:45am Oct 15, 2009 1:45am
this could be a long play nightmare...
  • #152,568
  • Oct 15, 2009 1:45am Oct 15, 2009 1:45am
Quoting GastonCorzo
im starting to build shorts from 4950 to 5011 ,, for the retracement is over due

is this one of the Thread-O-Meter Indicator?
  • #152,569
  • Oct 15, 2009 1:53am Oct 15, 2009 1:53am
Quoting GastonCorzo
im starting to build shorts from 4950 to 5011 ,, for the retracement is over due
Anything is possible. PA is not bound to show a retrace merely because it has moved lately.

One possibility. If pa can cover distance as shown by green line, it can also cover same distance once again. I am waiting for it to show true intentions
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The Thief of Wall Street
  • #152,570
  • Oct 15, 2009 1:53am Oct 15, 2009 1:53am
Quoting GastonCorzo
im starting to build shorts from 4950 to 5011 ,, for the retracement is over due
I'm going to start building a short also, but I will be going from 4970 to 5060. There is "supposed" to be an option barrier before 4975, and a large barrier at 1.5000.

Info below is posted from the Oanda newsfeed...

Presumed [EUR/USD] option barriers at 1.4950 taken out in Asia, offers ahead absorbed, stops above tripped. More offers seen ahead of 1.5000. Large stops eyed above presumed option barriers here. Demand again noted from Asian sovereign names. (hi)
  • #152,571
  • Oct 15, 2009 1:53am Oct 15, 2009 1:53am
stop huntng is on
  • #152,572
  • Oct 15, 2009 1:55am Oct 15, 2009 1:55am
starting to retrace a bit. I don't think it will freefall though.
  • #152,573
  • Oct 15, 2009 1:55am Oct 15, 2009 1:55am
Quoting CzechTrade
well look at my chart.. i d be careful about shorting this at 1.5 (i mean for a medium term). The reason is that i cant find any strong resistance on the chart which would stop the train (if we break 1.5 another stop could be 1.5087)

Edit: Just found another possible resistance.. 1.4968
Pation is the Holy Grail
  • #152,574
  • Oct 15, 2009 1:56am Oct 15, 2009 1:56am
Quoting SilverShark
Yea, next stop is 1.4317
When I dream, Elle McPherson is on top of me.
Not all sins are created equal
  • #152,575
  • Oct 15, 2009 1:59am Oct 15, 2009 1:59am
We havent seen the end of the longs yet. I did place a short at 1.4950 and cashed it out just now. Time to sleep for me or just a cat nap.
  • #152,576
  • Oct 15, 2009 1:59am Oct 15, 2009 1:59am
Quoting Jay Walker
When I dream, Elle McPherson is on top of me.
When I dream, it never lives up to my reality
  • #152,577
  • Oct 15, 2009 2:01am Oct 15, 2009 2:01am
Quoting 2+2=4ex
When I dream, it never lives up to my reality
You're Tony f@#king Montana! You never dream! If something goes against you, you just kill those cockroaches!
Not all sins are created equal
  • #152,578
  • Oct 15, 2009 2:02am Oct 15, 2009 2:02am
some big player just executed massive selling on GU......I will be shorting @ 1.6015-21
  • #152,579
  • Oct 15, 2009 2:03am Oct 15, 2009 2:03am
Quoting lapetye
I'm going to start building a short also, but I will be going from 4970 to 5060. There is "supposed" to be an option barrier before 4975, and a large barrier at 1.5000.

Often what Frankie tears down London will build right back up ans versa vicea
"If The Fool persists in his Folly he will become wise." - William Blake
  • #152,580
  • Oct 15, 2009 2:04am Oct 15, 2009 2:04am
Gold at 1058. PPZ on 1H
The Thief of Wall Street
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