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  • #153,641
  • Oct 19, 2009 6:05am Oct 19, 2009 6:05am
Quoting SerpentDove
A triple top followed by a nosedive....would be nice.
Looks like you may get your wish.....drawing close to the support level, and there isn't any news to save it....in fact, the USD news will likely be more "blah, blah, blah, strong dollar, blah", which thus far the market seems to moderately buy into...
  • #153,642
  • Oct 19, 2009 6:05am Oct 19, 2009 6:05am
Quoting Pipster888
its just a matter of time before it hits 1.500 plus anyone in disagreance is simply in denial Imho..
Long term I think it to be likely....short term, dunno...
  • #153,643
  • Oct 19, 2009 6:14am Oct 19, 2009 6:14am
Quoting PriceVolume
Long term I think it to be likely....short term, dunno...
Agree i am usually playing short time period trades. And acutally i dont care do we see 1.5 or not ... if i will get my 30 pips or 10 pips i am pleased.

I am in and out ... but if i can see that the price is about to drop or we have some reversal then i will play differently..... now i would not call any long term treades beacuse everything can happend it can go to 1.6 but also come down quikcly to 1.44 or even lower ...
  • #153,644
  • Oct 19, 2009 6:21am Oct 19, 2009 6:21am
Bulish harami (IB) on M15.
If you're not part of the solution then you're part of the problem.
  • #153,645
  • Oct 19, 2009 6:22am Oct 19, 2009 6:22am
Quoting TheLastCoke
Who knows!
It did!!!!

http://www.forexfactory.com/showthre...96#post3156796
  • #153,646
  • Oct 19, 2009 6:28am Oct 19, 2009 6:28am
,
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #153,647
  • Oct 19, 2009 6:29am Oct 19, 2009 6:29am
Quoting TexasforEX
Clear break of 1.4925 area opens the way for a move to 1.53. Rejection around this level will lead to near term shorts.
The trend is clearly to the upside in the medium and long term. Only a move below 1.4450 changes the obvious and very strong trend.

Only a clear break and hold of 1.50 will open the door for another leg higher..... A short term reversal is very possible here.

Better shorts are the commodity currencies if the reversal materializes.
"Timing Is Everything. Really I Swear It Is"
  • #153,648
  • Oct 19, 2009 6:29am Oct 19, 2009 6:29am
I think it won't halt on 1.50. I think we'll see continued Dollar weakness this week but a deeper dip next week.
  • #153,649
  • Oct 19, 2009 6:39am Oct 19, 2009 6:39am
Quoting Xaron
I think it won't halt on 1.50. I think we'll see continued Dollar weakness this week but a deeper dip next week.
Market is interesting as always. Technically I am looking for 1.5130 but there is a big ole trendline coming in just below 1.50.

S&P looks really toppy. I'm not sure how big the $$$ will rally if it tanks. Eventually, they will decouple but not yet.

Best soap opera in the world. Stay tuned
"Timing Is Everything. Really I Swear It Is"
  • #153,650
  • Oct 19, 2009 6:40am Oct 19, 2009 6:40am
Quoting Xaron
I think it won't halt on 1.50. I think we'll see continued Dollar weakness this week but a deeper dip next week.
Who will defend 1.5 anyway? Bernanke, Trichet? But of course 1.5 will be a good short scalping opportunity.
  • #153,651
  • Oct 19, 2009 6:40am Oct 19, 2009 6:40am
Quoting TexasforEX

Best soap opera in the world. Stay tuned
Indeed
  • #153,652
  • Oct 19, 2009 6:41am Oct 19, 2009 6:41am
.
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #153,653
  • Oct 19, 2009 6:49am Oct 19, 2009 6:49am
If close of the candle will be below 1.4925 next target is 1.4890 wich is 50% of this move.
If you're not part of the solution then you're part of the problem.
  • #153,654
  • Oct 19, 2009 6:52am Oct 19, 2009 6:52am
Aiming bottom of blue channel
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  • #153,655
  • Oct 19, 2009 6:58am Oct 19, 2009 6:58am
Im not wondering about the end of the upward channel. ON a short term, 4 hours term (open of NY session), WeŽll go short until 1.4890, at least, so bulls can go higher with strong movement. Im particularly on three short lots until 1.4890, 1.4850.

Good luck on NY session.
  • #153,656
  • Oct 19, 2009 6:59am Oct 19, 2009 6:59am
Booring
  • #153,657
  • Edited 7:04am Oct 19, 2009 7:02am | Edited 7:04am
short 4928 - for weekly pivot 485 at least
----- Dragonfly out in the sun you know what I mean, don't you know
  • #153,658
  • Oct 19, 2009 7:07am Oct 19, 2009 7:07am
Barrons called for raise in rates. Ben said they would remain low, he didn't say they would remain at 0% for a length of time.

It's just a matter of time until the tide turns.
  • #153,659
  • Oct 19, 2009 7:09am Oct 19, 2009 7:09am
Could be.
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  • #153,660
  • Oct 19, 2009 7:22am Oct 19, 2009 7:22am
Quoting sophiaphia
short 4928 - for weekly pivot 485 at least
yay! i think
----- Dragonfly out in the sun you know what I mean, don't you know
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