Attachments: EURUSD

EURUSD

#159,881
Nov 9, 2009 7:12am Nov 9, 2009 7:12am

hilmy83
Joined Jun 2006 | Status: Trader | 5,709 Posts

Quoting cgldsmth

Disliked

you mean the broken one?

Ignored

yes..but it's moving quite slowly..

#159,882
Nov 9, 2009 7:14am Nov 9, 2009 7:14am

ABoulfoul
| Joined Oct 2009 | Status: Trader | 85 Posts

Quoting hilmy83

Disliked

tell me y'all are watching the trendline on the 5min?

Ignored

just got broken, friend.

#159,883
Nov 9, 2009 7:18am Nov 9, 2009 7:18am

hilmy83
Joined Jun 2006 | Status: Trader | 5,709 Posts

no conviction i see..or maybe just stop hunting?

#159,884
Nov 9, 2009 7:20am Nov 9, 2009 7:20am

Trading Cat
Joined Oct 2008 | Status: Trader | 3,473 Posts

€ where do u go??? from here.
double top or lower high?? the later is more convincing but we'll know once DJI and SP500 is open...

Trade on your own risk Plan your trade&trade your plan dont be a

#159,885
Edited 8:08am Nov 9, 2009 7:21am | Edited 8:08am

jiva34
Joined Mar 2009 | Status: Just visiting | 12,891 Posts

At the very least for scalpers in the crowd, a test of r2..

checking back few minutes later, not as much of a retrace as I'd planned.
It's off to r3...

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#159,886
Nov 9, 2009 7:22am Nov 9, 2009 7:22am

hilmy83
Joined Jun 2006 | Status: Trader | 5,709 Posts

gut feeling this is a stop hunting move. clear out weak hands. I have short order at around 1.4982

#159,887
Nov 9, 2009 7:22am Nov 9, 2009 7:22am

cgldsmth
| Joined Dec 2005 | Status: It's only money | 1,413 Posts

TL rechallenged on M5/15 so if rejected will short below previous candle c4983.

Hilmy - snap!

TRADE FOR SWAP

#159,888
Nov 9, 2009 7:22am Nov 9, 2009 7:22am

earthsmate
| Joined Feb 2009 | Status: Trader | 158 Posts

anybody staying out of this ?

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#159,889
Nov 9, 2009 7:24am Nov 9, 2009 7:24am

toshi
| Joined Aug 2007 | Status: Say what ? | 1,888 Posts

Quoting michiyo

Disliked

pls toshi, which platform offers usdx

Ignored

I'm mostly watching it thru futures brokers, basis the Dec contract, so slight spread calculation.

If you're looking for the MT4 feed, Forex LTD in UK offers it on their Meta.

Can't say I know anything about the broker, just noticed their demo had DX and CFD's, plus some other exotic pairs.

#159,890
Nov 9, 2009 7:29am Nov 9, 2009 7:29am

Trading Cat
Joined Oct 2008 | Status: Trader | 3,473 Posts

Quoting toshi

Disliked

I'm mostly watching it thru futures brokers, basis the Dec contract, so slight spread calculation.

If you're looking for the MT4 feed, Forex LTD in UK offers it on their Meta.

Can't say I know anything about the broker, just noticed their demo had DX and CFD's, plus some other exotic pairs.

Ignored

Good idea watchig the futures contract, like this I can at least see volume, which my platform doesn't give me on spot rates.
Thanks

Trade on your own risk Plan your trade&trade your plan dont be a

#159,891
Nov 9, 2009 7:30am Nov 9, 2009 7:30am

FX-Petra
Joined Sep 2007 | Status: Trader | 1,673 Posts

Just getting started today. All targets achieved and closed. Now wait to see if we make a new high and keep this daily channel going. Heavy resistance likely just above 5050...this is a big fibo area. Also nearing area of more central bank intervention (SNB).

#159,892
Nov 9, 2009 7:30am Nov 9, 2009 7:30am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

A small bull may be forming at the top for next high 1.5022 & up but I am short from 1.5 & waiting how pa acts at this level .gold still strikingly up.
fontu

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#159,893
Nov 9, 2009 7:31am Nov 9, 2009 7:31am

toshi
| Joined Aug 2007 | Status: Say what ? | 1,888 Posts

Quoting earthsmate

Disliked

anybody staying out of this ?

Ignored

I tried a small one a little earlier, to no avail. Waste of time.

Now, I'm favoring the flat side for the time being..

This 4980 Area is getting some attention at the moment.

#159,894
Nov 9, 2009 7:35am Nov 9, 2009 7:35am

toshi
| Joined Aug 2007 | Status: Say what ? | 1,888 Posts

Quoting Trading Cat

Disliked

Good idea watchig the futures contract, like this I can at least see volume, which my platform doesn't give me on spot rates.
Thanks

Ignored

Sure. It's still indicative though. Front month has traded about 5800 DX contracts so far this date.
Compare to 90,000 contract in the Dec Euro at this time and the day's only half over.

#159,895
Nov 9, 2009 7:38am Nov 9, 2009 7:38am

drgoodvibe
| Joined Sep 2006 | Status: Trader | 80 Posts

Major overnight move has brought EURUSD to 1.50 -- this in effect has brought it up to a huge support AND resistance point. Volatility is sustained via the DCD indicator which means that this trading zone between 1.4950 and 1.50 will be the major trading range for today. If . I would expect price to retrace down to at least 1.4975 before retesting 1.50 -- however if price goes through 1.50 with a great deal of momentum and closes a couple of sustained bars above 1.50 I would expect price to continue to a profit target of 1.550 before hitting major resistance.

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