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  • #156,161
  • Oct 27, 2009 9:27am Oct 27, 2009 9:27am
Quoting GastonCorzo
Some one remember this image???????????
Yes I remember... that's why Im waiting to long again... Bears Party right now...
  • #156,162
  • Oct 27, 2009 9:27am Oct 27, 2009 9:27am
Quoting sed34
US consumer confidence came in lower than expected.
So ...U Mean That The Matador Is "$ "...!?
  • #156,163
  • Oct 27, 2009 9:27am Oct 27, 2009 9:27am
Quoting FX-Petra
Dow has shaken off the bad confidence number and turned back to positive. Wouldn't be surprised if Euro followed suit. With Dow green it is hard to see this thing falling a lot more-- that would be a big shift in correlations.
True, but those correlations were out of wack big time. I held on short at 1.5 because of that. Finicky things those correlations. Caution. Caution. Caution.
  • #156,164
  • Oct 27, 2009 9:28am Oct 27, 2009 9:28am
Quoting TheFisherman
I'll take your bet. I say today is going to be a frustrating day for both parties.
Because nothing will happen. Maybe tomorrow we'll see one of your circles filled. Or...maybe both.
I don't know if there's enough umph left in this sell off to finish my measured objective
but if that's as close as it gets I may have to concede to you.

I'll give it another couple of hours though.....

BTW: how much were we betting ? I gotta make sure I can cover it or else
I'll wind up as an indentured servant and maybe an enuch. Oh the shame.....

http://cdn.forexfactory.com/attachme...1&d=1256635852
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  • #156,165
  • Oct 27, 2009 9:31am Oct 27, 2009 9:31am
I have not made any entries yet on any pairs. Right now im watching euro aud correlation right now with respect to the aud trendline support. If this aud lower trendline is broken eu will follow downnnnn next support 1.4761
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  • #156,166
  • Oct 27, 2009 9:34am Oct 27, 2009 9:34am
Quoting cannarek
now tp is 4660 area

mmmmm too agresive not this week i dont think so 1.4700 at besttt!!!!!! But i hope it works for you i exiteted 70% of my shorts at 4800 next tp 14766
  • #156,167
  • Oct 27, 2009 9:38am Oct 27, 2009 9:38am
where are the "trend is your friend" guys, their friend gave them a quick good bye, down 250 pips from high in just 24 hours
  • #156,168
  • Oct 27, 2009 9:39am Oct 27, 2009 9:39am
Quoting GastonCorzo
mmmmm too agresive not this week i dont think so 1.4700 at besttt!!!!!! But i hope it works for you i exiteted 70% of my shorts at 4800 next tp 14766
I am out, exited @ 4860
  • #156,169
  • Oct 27, 2009 9:39am Oct 27, 2009 9:39am
Quoting toshi
I don't know if there's enough umph left in this sell off to finish my measured objective
but if that's as close as it gets I may have to concede to you.

I'll give it another couple of hours though.....

http://cdn.forexfactory.com/attachme...1&d=1256635852
Nah! you were right. It's close enough. Score for you. I actually based my bet on the fact that after that sharp of a drop market would wait for a move. None of em bulls and bears wouldn't make a turn. A reversal of long time trend does not happen all of the sudden. Alas this can be a signal. Hence bull were waiting for the retrace to get out or else and bears wouldn't short it any further.

BUT at NY open some late panic set in probably. Never underestimate the predictability of stupidity (that's from a movie - Snatch). I should have known better.
  • #156,170
  • Oct 27, 2009 9:40am Oct 27, 2009 9:40am
Quoting ziko123
where are the "trend is your friend" guys, their friend gave them a quick good bye, down 250 pips from high in just 24 hours
lol just a correction...clearly still trending upwards
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  • #156,171
  • Oct 27, 2009 9:41am Oct 27, 2009 9:41am
Quoting mfoste1
i have not made any entries yet on any pairs. Right now im watching euro aud correlation right now with respect to the aud trendline support. If this aud lower trendline is broken eu will follow downnnnn next support 1.4761
i couldnt agree more you are right to the pip ill exit my shorts at 4766 and start buying right there too!!!!!!!!
  • #156,172
  • Oct 27, 2009 9:43am Oct 27, 2009 9:43am
Finally....Which Of Them...!?
Attached Image
  • #156,173
  • Oct 27, 2009 9:48am Oct 27, 2009 9:48am
Quoting TheFisherman
Nah! you were right. It's close enough.
Score for you. I actually based my bet on the fact that after that sharp
of a drop market would wait for a move.
So what do I win ?

I was hoping for a great big bucket of live bait.

Shrimp or worms or nightcrawlers. Anything good like that......

The fish just laugh at my lures without some live bait...
  • #156,174
  • Oct 27, 2009 9:48am Oct 27, 2009 9:48am
if 4860 breaks - we are bulls again
  • #156,175
  • Oct 27, 2009 9:50am Oct 27, 2009 9:50am
  •  Ronin77
  • | Joined Dec 2008 | Status: เงินกินเปล่า | 95 Posts
looks like
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Ronin77
  • #156,176
  • Oct 27, 2009 9:56am Oct 27, 2009 9:56am
Dow back to pre-announcment levels + some. After the dust has settled, that consumer confindence number just underscores what Bernanke has been saying for a while...... forget about intrest rate increases ANYTIME soon. US is at risk for deflation, not inflation. Continued low rates will continue to help the stock market and hurt the dollar. Until I see otherwise, I think this recent move was just correction inside of the long term uptrend. The only fundamental USD has going for it is the safe haven play, and that seems to be wearing thin. Also, weak USD is bad for Europe and Asia, but it doesn't seem like they are going to do anything about it.
  • #156,177
  • Oct 27, 2009 10:00am Oct 27, 2009 10:00am
Quoting Che4x
Finally....Which Of Them...!?
depends on your time frame, risk tolerance and what day it is
the one thing I've learned with this pair
is never take your eyes off the bulls
they're in love with this pair, they should just marry it
  • #156,178
  • Oct 27, 2009 10:03am Oct 27, 2009 10:03am
Quoting pipul8r
depends on your time frame, risk tolerance and what day it is
the one thing I've learned with this pair
is never take your eyes off the bulls
they're in love with this pair, they should just marry it

I know right ? It's kinda like these two......

http://img2.timeinc.net/ew/dynamic/i...pers/snl_l.jpg
  • #156,179
  • Oct 27, 2009 10:06am Oct 27, 2009 10:06am
[quote=toshi;3181244]I know right ? It's kinda like these two......

AHHHH!!!
MY EYEEEEEEEEEES!!!!!!!!!
  • #156,180
  • Oct 27, 2009 10:09am Oct 27, 2009 10:09am
Below 1.4600 would not surprise

Above 1.5200 and we may be heading to fresh all time high

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Some drink at the fountain of knowledge. Others just gargle !
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