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  • #160,521
  • Nov 11, 2009 4:00am Nov 11, 2009 4:00am
Quoting Xaron
1.51 today.

But then what? would we sell?

I will buy on 1.5070 and add on pullback for this one.... if it doesn't break I will wait.... (no shorting)...
  • #160,522
  • Nov 11, 2009 4:02am Nov 11, 2009 4:02am
Quoting toshi
http://cdn.forexfactory.com/nfs/cust...ar99620_29.gif

This is a VERY serious looking baby. He ain't bullshin'. He's sayin', "It's On !"
it's happening...bears taking over?
  • #160,523
  • Nov 11, 2009 4:03am Nov 11, 2009 4:03am
Quoting Larseg
But then what? would we sell?

I will buy on 1.5070 and add on pullback for this one.... if it doesn't break I will wait.... (no shorting)...
I don't know as I don't sell. Half of my longs have a target of 1.5080, the remaining ones at 1.5250.
  • #160,524
  • Nov 11, 2009 4:03am Nov 11, 2009 4:03am
Quoting realjumper
lol.....funny that you should say that......I was just this minute looking back at that date!!
Good morning. I am taking a Vic's 2B sell in hourly. These levels are a gift that has taken a year to get to, just in time for christmas.
I am now intermediate term trading and adding on any pullback should it start to go down and building a sizeable position. With any luck, Santa comes with his bag full this christmas. If I am wrong, it's a small loss. I will keep looking to take these sell signals until I get into profit.
Happy trading all. You won't hear from me until next week.
  • #160,525
  • Nov 11, 2009 4:04am Nov 11, 2009 4:04am
Quoting G_Man
i am honestly LMAO ...

Well of course, how can you help it ? He's looking right at you like Stewie from Family Guy.

http://cdn.forexfactory.com/nfs/cust...ar99620_29.gif
I wouldn't want to try to take his bottle away. Just wait until he gets more teeth. Holy Shit.

Fool, forgive me.
  • #160,526
  • Nov 11, 2009 4:04am Nov 11, 2009 4:04am
Quoting toshi
These are wise words, Cat

But what if you trade what you think you see and it turns out you need better glasses ?
and this is wise. it is propably the most frequent case
  • #160,527
  • Nov 11, 2009 4:06am Nov 11, 2009 4:06am
Quoting Xaron
I don't know as I don't sell. Half of my longs have a target of 1.5080, the remaining ones at 1.5250.

Just asking cause I feel that if 1.5065 (last res daily) breaks.... 1.51xx should come quite "easy"...
But again, this is forex




where did you get 1.5080 from by the way?
  • #160,528
  • Nov 11, 2009 4:07am Nov 11, 2009 4:07am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting Xaron
I don't know as I don't sell. Half of my longs have a target of 1.5080, the remaining ones at 1.5250.
5080? 5250?

where do you get those numbers from cuz i cant find it anywhere? not atleast for this week ...
  • #160,529
  • Nov 11, 2009 4:09am Nov 11, 2009 4:09am
Quoting cannarek
and this is wise. it is propably the most frequent case
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well if we have a break of the last high and price moves above 1.5075 then we re looking for 1.5280, 1.53... easy.

good luck with your trades guys
  • #160,530
  • Nov 11, 2009 4:13am Nov 11, 2009 4:13am
Quoting G_Man
5080? 5250?

where do you get those numbers from cuz i cant find it anywhere? not atleast for this week ...
1.5080 is just right below 1.51. So if there is some fight around that number (because of those barrier options rumors) I'm sure it could be reached. 1.5250 is just a number, I might change this. It's the middle between 1.52/53 which is my next target. No magic here.
  • #160,531
  • Nov 11, 2009 4:13am Nov 11, 2009 4:13am
Quoting Xaron
1.51 today.
I don't think E/U is welcome up in that neighborhood. He only lived up there a little while and it didn't work out. Now he gets up there, sniffin' around on the outskirts at 1.5050 and they on his ass, like, "Hey, boy, we don't like your kind around here - understand?" The he run back home. Everybody know he need to stay back down on the 1.300 block somewhere, ain't no sense in tryin to move on up. That just ain't no good for anybody.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #160,532
  • Nov 11, 2009 4:16am Nov 11, 2009 4:16am
Quoting Xaron
1.5080 is just right below 1.51. So if there is some fight around that number (because of those barrier options rumors) I'm sure it could be reached. 1.5250 is just a number, I might change this. It's the middle between 1.52/53 which is my next target. No magic here.
5062 is R2 line and 5105 is R3 for today but US market dont work today so what we get in Europe i think that is all we can expect for today
  • #160,533
  • Nov 11, 2009 4:16am Nov 11, 2009 4:16am
Okay, this isn't exactly bearish.....


The setup was there for the test of the trendline near the daily pivot.
Confluence of factors stacked in favor of longs yielded 60~70 pips.
I was not on board. Wasn't short either. Am spending most of this session
watching Yen pairs and catching up on price action in a few other markets.

Trying to keep from getting "Euro tunnel vision" or "chunnel vision" I guess you could call it.

Anyway, Bulls have the ball right now. If they decide to punt, 150 handle still has lots of orders.
The brokers can't make money if they don't fill orders. That's the prime objective on a slow day - volume.
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  • #160,534
  • Nov 11, 2009 4:18am Nov 11, 2009 4:18am
[quote=The Fool;3224351]I don't think E/U is welcome up in that neighborhood.

Someone seems to be spreading Yen around to move it in that direction. Anyone else see this, or am I just imagining that I know somethng again..
Ah Luv the smell of a good prediction in the mornin!
  • #160,535
  • Nov 11, 2009 4:19am Nov 11, 2009 4:19am
Quoting The Fool
I don't think E/U is welcome up in that neighborhood. He only lived up there a little while and it didn't work out. Now he gets up there, sniffin' around on the outskirts at 1.5050 and they on his ass, like, "Hey, boy, we don't like your kind around here - understand?" The he run back home. Everybody know he need to stay back down on the 1.300 block somewhere, ain't no sense in tryin to move on up. That just ain't no good for anybody.

Inserted Video
  • #160,536
  • Nov 11, 2009 4:25am Nov 11, 2009 4:25am
If we're speculating.......

Analyze this:
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  • #160,537
  • Nov 11, 2009 4:26am Nov 11, 2009 4:26am
Quoting The Fool
I don't think E/U is welcome up in that neighborhood. He only lived up there a little while and it didn't work out. Now he gets up there, sniffin' around on the outskirts at 1.5050 and they on his ass, like, "Hey, boy, we don't like your kind around here - understand?" The he run back home. Everybody know he need to stay back down on the 1.300 block somewhere, ain't no sense in tryin to move on up. That just ain't no good for anybody.

I hear you Fool, I have the same feeling... But I am only 47% correct
Anyways, I would like to add this little chart...
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  • #160,538
  • Nov 11, 2009 4:27am Nov 11, 2009 4:27am
Heavy news in 2 minutes from GBP... look out..
  • #160,539
  • Nov 11, 2009 4:35am Nov 11, 2009 4:35am
Quoting Larseg
Heavy news in 2 minutes from GBP... look out..

Look out was right !!

Did you spill any of that on you ?

Wow. Nice action.
  • #160,540
  • Nov 11, 2009 4:37am Nov 11, 2009 4:37am
Quoting toshi
If we're speculating.......

Analyze this:
actually putted limit buy at 985 with trailing stop 50 pips. TP open
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