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  • #152,721
  • Oct 15, 2009 8:14am Oct 15, 2009 8:14am
Quoting tradertom
me too...
the day is still long and we're watching is the correction from yesterday. We are still in the upward trend
True. A close on the daily below yesterdays low will give the Bears a giant woody....(to quote Jay's earlier phrase). We'll see.
  • #152,722
  • Oct 15, 2009 8:17am Oct 15, 2009 8:17am
short i think now again ... maybe wrong but as i can see it ?
  • #152,723
  • Oct 15, 2009 8:17am Oct 15, 2009 8:17am
thanks to MR T
  • #152,724
  • Oct 15, 2009 8:17am Oct 15, 2009 8:17am
Quoting viljam
short i think now again ... maybe wrong but as i can see it
Yeah, I'm not taking that position, currently. Just took the rest of my profits off the table....
  • #152,725
  • Oct 15, 2009 8:19am Oct 15, 2009 8:19am
while euro took a beating, commodities currencies resume climb.

this may spur it back on!
  • #152,726
  • Oct 15, 2009 8:19am Oct 15, 2009 8:19am
Quoting PriceVolume
Yeah, I'm not taking that position, currently.
yeah i am not in either long dont know also middle of short and long..
  • #152,727
  • Oct 15, 2009 8:21am Oct 15, 2009 8:21am
Quoting trading801
thanks to MR T

if we see today 1.50- i will take a long weekend
  • #152,728
  • Oct 15, 2009 8:23am Oct 15, 2009 8:23am
Seems like the market is dead now
  • #152,729
  • Oct 15, 2009 8:23am Oct 15, 2009 8:23am
Quoting viljam
yeah i am not in either long dont know also middle of short and long..
If you're looking at the 1M...you should notice that price is now consolidating in a triangular pattern. It also has bias to the upside. After the deepest low, we're seeing a successive pattern of higher lows. I would wait until either we see an impulsive move up, followed by a pullback...on the pullback I would consider a long position. As for a short in the immediate future, I would need to see the previous low taken out by an impulsive move...followed by a pullback....
  • #152,730
  • Oct 15, 2009 8:25am Oct 15, 2009 8:25am
Quoting viljam
Seems like the market is dead now

they are shocked lol
  • #152,731
  • Oct 15, 2009 8:27am Oct 15, 2009 8:27am
Oh damn i need to go now .... anyways i can call today sucessfull trading again after such a big failure yesterday.

Anyway happy pippin.
  • #152,732
  • Oct 15, 2009 8:31am Oct 15, 2009 8:31am
Quoting viljam
Oh damn i need to go now .... anyways i can call today sucessfull trading again after such a big failure yesterday.

Anyway happy pippin.
you really are a little crazy - but...

Come down - observe, evaluate, make a setup....
  • #152,733
  • Oct 15, 2009 8:34am Oct 15, 2009 8:34am
Quoting tradertom
you really are a little crazy - but...

Come down - observe, evaluate, make a setup....
Crazy i am ehee
  • #152,734
  • Oct 15, 2009 8:35am Oct 15, 2009 8:35am
dow .30% down expect major reversal today Gain capital..
  • #152,735
  • Oct 15, 2009 8:35am Oct 15, 2009 8:35am
Hello EURUSD-friends,

I think the EURUSD is looking for some longer term correction. The EURUSD has been moving up the last 6 months for over 2000 pips without a major correct. I think the EURUSD will top around 1.50, as this big number should be a strong resistance. I think it has the potential to drop to around 1.42.
Let me hear what you think
regards
FXTrader11
  • #152,736
  • Oct 15, 2009 8:38am Oct 15, 2009 8:38am
Quoting viljam
Crazy i am ehee

I think a little bit crazy you have to be. But in all matters should hire you to work here just as hard as in other jobs if you want to be good. this includes a good preparation and a plan
  • #152,737
  • Oct 15, 2009 8:40am Oct 15, 2009 8:40am
Quoting trading801
while euro took a beating, commodities currencies resume climb.

this may spur it back on!

  • #152,738
  • Oct 15, 2009 9:02am Oct 15, 2009 9:02am
Quoting FXTrader11
Hello EURUSD-friends,

I think the EURUSD is looking for some longer term correction. The EURUSD has been moving up the last 6 months for over 2000 pips without a major correct. I think the EURUSD will top around 1.50, as this big number should be a strong resistance. I think it has the potential to drop to around 1.42.
Let me hear what you think
regards
FXTrader11
It's been the forecast in bloomberg. In longer term i believe it will go up beyond 1.6. The retracement below 1.41/42 is possible as this is the base for euro bulls to open the way for 1.6 again. But going short right now is definitely bad strategy unless you're PA trader and exit daily. Wait until 1.52/53 then go short.
  • #152,739
  • Oct 15, 2009 9:05am Oct 15, 2009 9:05am
where is everyone !
  • #152,740
  • Oct 15, 2009 9:07am Oct 15, 2009 9:07am
Quoting trading801
where is everyone !
many members are online now. They are watching...
314 traders viewing now