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  • #155,381
  • Oct 23, 2009 9:05am Oct 23, 2009 9:05am
http://www.forexfactory.com/showpost...stcount=155373
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  • #155,382
  • Oct 23, 2009 9:19am Oct 23, 2009 9:19am
One other scenario would be that the market will pause at these levels for a while waiting for the news to confirm these levels.
  • #155,383
  • Oct 23, 2009 9:36am Oct 23, 2009 9:36am
Well anyone starting to bet on bad GDP numbers from U.S. Those clowns in Washington do not understand capitalism.
  • #155,384
  • Oct 23, 2009 9:45am Oct 23, 2009 9:45am
Quoting toshi
Fontu,

Did you see how the E/G pair told us GBP wanted lower ?

The Eur/GBP had hit near to 92 on the spike (9191) but was at 9100~9120 moments later.
Pound stood at 16450/60 and euro was getting tired of the climb.
The only # that worked was 163xx, on the low end at that.

E/G is the focus of tens of millions of Brits since they earn in pounds and spend in Euros.

I look at that equation first before ever to enter a Cable trade, even scalps....

Mkt is at fair value at the moment. How'd you do on your end ? Come out okay ?
( I hope so, because...
Thanks Toshi about Eurgbp pair , I am ok as most time I do not trade on friday due busy in the office evening time & if try hard I must loss enough.

Anyway never traded in eurgbp before and though a chart open usually not check before gbp & eur pair trades.

What I see in eurgbp is it will go up very temporarily to 0.9255-0.93 in this present spike and as there a big H&S at the top H4 chart should fall strongly ( next week) towards 0.8837 to much down before the bull set up start work again.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #155,385
  • Oct 23, 2009 9:48am Oct 23, 2009 9:48am
dont get suckered in now
those who can, do. those who cant, talk about those who can
  • #155,386
  • Oct 23, 2009 9:55am Oct 23, 2009 9:55am
Quoting gatorinla
dont get suckered in now
???? to ForEX ????
  • #155,387
  • Oct 23, 2009 9:59am Oct 23, 2009 9:59am
Quoting knuckledrag
???? to ForEX ????
amway
those who can, do. those who cant, talk about those who can
  • #155,388
  • Oct 23, 2009 10:03am Oct 23, 2009 10:03am
Quoting gatorinla
amway

Too late. I've been meaning to talk to you about this amazing business opportunity I've found---------
  • #155,389
  • Oct 23, 2009 10:03am Oct 23, 2009 10:03am
This Bull run 03/04/09 has been strong and as long as U.S needs to improve its BOP(CA+KFA) a weak dollar is imminent.

This is it for the day.

Have a great Weekend.
"In economics, the majority is always wrong." John Kenneth Galbraith
  • #155,390
  • Oct 23, 2009 10:08am Oct 23, 2009 10:08am
Quoting knuckledrag
Too late. I've been meaning to talk to you about this amazing business opportunity I've found---------
Lol
  • #155,391
  • Oct 23, 2009 10:16am Oct 23, 2009 10:16am
Gator, what will be the right time to trade a retrace?




And an example of my headless camel (threee legs, first leg shorter, neck very long, everythig is there)
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The Thief of Wall Street
  • #155,392
  • Oct 23, 2009 10:18am Oct 23, 2009 10:18am
what we got here is a failure to communicate. both currencys are flexing. usx is stronger short term on most of the other. eux is a ditto. something has to give..

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those who can, do. those who cant, talk about those who can
  • #155,393
  • Oct 23, 2009 10:19am Oct 23, 2009 10:19am
lol, this is being decided by oanda's trade books at this point LOL.
  • #155,394
  • Oct 23, 2009 10:21am Oct 23, 2009 10:21am
First it up.

Now it down.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #155,395
  • Oct 23, 2009 10:26am Oct 23, 2009 10:26am
My internet connection was out most of the day, I get back online and I'm rubbing my eyes staring at six 4hr tops in a row.
  • #155,396
  • Oct 23, 2009 10:26am Oct 23, 2009 10:26am
Quoting Chicky
Gator, what will be the right time to trade a retrace?




And an example of my headless camel (threee legs, first leg shorter, neck very long, everythig is there)
hmmm dono... whos holding up the euro..they are doing a mighty fine job, but with nzd and aud slightly flat to negative... they have to be getting tired.. short term..
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those who can, do. those who cant, talk about those who can
  • #155,397
  • Oct 23, 2009 10:31am Oct 23, 2009 10:31am
I am in the mood for a hard afternoon f***. (Fade that is. Swimmin pools, movie stars.)
"If The Fool persists in his Folly he will become wise." - William Blake
  • #155,398
  • Oct 23, 2009 10:32am Oct 23, 2009 10:32am
Quoting Chicky
Gator, what will be the right time to trade a retrace?




And an example of my headless camel (threee legs, first leg shorter, neck very long, everythig is there)
9250 with a tight sl..above 9268

edit or above 9283
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those who can, do. those who cant, talk about those who can
  • #155,399
  • Oct 23, 2009 10:33am Oct 23, 2009 10:33am
Well, I'm out for the week. The market has been good to me. If you must trade this afternoon (scalping), I would look for a short. It looks like the top will hold for now. Good trades to all.......

Regards,
  • #155,400
  • Oct 23, 2009 10:38am Oct 23, 2009 10:38am
hang on elevator may be going down,, aud at a critical place
those who can, do. those who cant, talk about those who can
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