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  • #158,321
  • Nov 3, 2009 7:07am Nov 3, 2009 7:07am
Quoting mfoste1
hang on....
check out longer term mac and stochastic. we have broken most other pairs trendlines including usx... but eu at least from march is still sitting on that trendline.. but it should not hold.. time will tell.. ill be on either side of the trade.
those who can, do. those who cant, talk about those who can
  • #158,322
  • Nov 3, 2009 7:13am Nov 3, 2009 7:13am
J&J is laying off a shitload of people..6/7% W buffet train deal may raise stock market this morning. we were red..
those who can, do. those who cant, talk about those who can
  • #158,323
  • Nov 3, 2009 7:17am Nov 3, 2009 7:17am
Quoting X.Oden
USD BULLS ROCK n ROCK SOME MORE!!!!

OCTOBER 8th WHAT? So I was off by 2 weeks on the daily....so what? I'm raking in all my EURO shorts now http://cdn.forexfactory.com/images/s.../yim/happy.gif Woohoooo!!

Have bagged well over 2,532 pips spread across 20 pairs since the 12th of October http://cdn.forexfactory.com/images/s.../yim/happy.gif and 414 pips since yesterday...hehe...
you must be millionaire great for you. congratulations
  • #158,324
  • Nov 3, 2009 7:50am Nov 3, 2009 7:50am
Quoting Srikanth
I'm expecting a BIG crash here..may start in london session... careful guyz!
Quoting Srikanth
next major support is at 1.45 and then 1.43

as expected!
  • #158,325
  • Nov 3, 2009 7:51am Nov 3, 2009 7:51am
Well, with no major news today, it looks like it will be up to US equites... as it was yesterday. Might as well be trading e-mini's!
  • #158,326
  • Nov 3, 2009 7:51am Nov 3, 2009 7:51am
There seems to be a lot of selling pressure... this bitch should break 1.4800 now to go upwards!
  • #158,327
  • Nov 3, 2009 7:53am Nov 3, 2009 7:53am
didn't I say on oct 27 that it is going to 1.4625 the weekly support and it went to 1.4625 and rebounded

http://www.forexfactory.com/showthre...25#post3181968
  • #158,328
  • Nov 3, 2009 7:54am Nov 3, 2009 7:54am
http://www.forexfactory.com/showpost...stcount=158041

http://www.forexfactory.com/showpost...stcount=158043

http://www.forexfactory.com/showpost...stcount=158048

http://www.forexfactory.com/showpost...stcount=158049
  • #158,329
  • Nov 3, 2009 7:56am Nov 3, 2009 7:56am
Quoting ziko123
didn't I say on oct 27 that it is going to 1.4625 the weekly support and it went to 1.4625 and rebounded

http://www.forexfactory.com/showthre...25#post3181968
Congratulations, but please take it easy on the "I told you so's". There are a lot of people hurting.

Regards,
  • #158,330
  • Nov 3, 2009 7:59am Nov 3, 2009 7:59am
Quoting Srikanth
There seems to be a lot of selling pressure... this bitch should break 1.4800 now to go upwards!
If we break 4650 it could drop alot more that round number for me is a key direction determination the pull back started at 4625, once it gets below that I think is going to drop again
  • #158,331
  • Nov 3, 2009 8:05am Nov 3, 2009 8:05am
Autochartist M15 pattern emerging.

Considering this it may dip further.
Attached Image (click to enlarge)
Click to Enlarge Name: Forex 2009-11-03 16.03.jpg Size: 58 KB
If you're not part of the solution then you're part of the problem.
  • #158,332
  • Nov 3, 2009 8:06am Nov 3, 2009 8:06am
i will go long @1.4630 area with 50 sl and 200 tp
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD Spot.png Size: 26 KB
  • #158,333
  • Nov 3, 2009 8:19am Nov 3, 2009 8:19am
Quoting SwissKinseb
i will go long @1.4630 area with 50 sl and 200 tp
1.4630 is a support price, but I still think it's a risky trade. The day trend is definitely down so anything against the current it's very risky.
  • #158,334
  • Nov 3, 2009 8:20am Nov 3, 2009 8:20am
The low has not yet been made. A push to 1.4600 and below is probable.
  • #158,335
  • Nov 3, 2009 8:22am Nov 3, 2009 8:22am
Nice job, Srikanth.

Quoting Srikanth
as expected!
  • #158,336
  • Nov 3, 2009 8:25am Nov 3, 2009 8:25am
certainly at a critical point.

2 big ones will determine this pairs fate.

1) Tomorrow
2) Friday

If we continue to bleed jobs this pair sees 1.35 by years end or early next.

If jobs show a modicum of recovery and tomorrow is a non event we move up.

Mike
  • #158,337
  • Nov 3, 2009 8:26am Nov 3, 2009 8:26am
1.4620 is the 61.8 retracement level of the 1.4479-1.5060's area rally and also i near S2 area... as for me, I'll be waiting to see what happens...if it breaks that level it would be a nice bearish scenario.
Greetings to all!
  • #158,338
  • Nov 3, 2009 8:29am Nov 3, 2009 8:29am
Something to take note of for the intraday trading anyway...we have exceeded the average daily range so enter short with caution...
  • #158,339
  • Nov 3, 2009 8:32am Nov 3, 2009 8:32am
As far as my charts go, We are now near channel bottom around 4610-4625. My next major support is near 4500. I have gone long. If we turn and go back to the top of the channel, it will be a very, very merrry Christmas at my house (maybe a new car for the wife). If it does not turn, then only a lump of coal in the stocking. We'll see!
  • #158,340
  • Nov 3, 2009 8:36am Nov 3, 2009 8:36am
Quoting twamta
1.4630 is a support price, but I still think it's a risky trade. The day trend is definitely down so anything against the current it's very risky.
yes, maybe u r right, but daily trend is clear up !!! (see my daily chart)
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