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  • #160,721
  • Nov 11, 2009 12:58pm Nov 11, 2009 12:58pm
Quote
Now that London has gone home, I think the only thing that could stop it is the bottom of your screen.

I agree...it looks like it will test 49377 once again in the next few hours.
  • #160,722
  • Nov 11, 2009 12:59pm Nov 11, 2009 12:59pm
Quoting TexasforEX
This is a thin market gift wrapped trade.

Bought a couple lots at 1.4955. We'll see 1.52xx before 1.46xx
I'll take that bet, son.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #160,723
  • Nov 11, 2009 1:00pm Nov 11, 2009 1:00pm
Quoting kingfisher
Nothing on a 15 m charts suggest that it will go up.
Then why did you buy?

There are at least four very solid reasons to buy on the longer time frames here. Not to mention...oh yeah. We are in a huge uptrend. buying on dips has worked for the last 6 months.
"Timing Is Everything. Really I Swear It Is"
  • #160,724
  • Nov 11, 2009 1:04pm Nov 11, 2009 1:04pm
china/cat... ok back to gu...

happy pippen.
those who can, do. those who cant, talk about those who can
  • #160,725
  • Nov 11, 2009 1:04pm Nov 11, 2009 1:04pm
ok closed my short , +10, scalping helps sometimes , what a boring day was it tday, have a nice 1
  • #160,726
  • Edited 1:14pm Nov 11, 2009 1:05pm | Edited 1:14pm
It's kinda hard to believe price would get within 8 pips of S1 and not tag it.
  • #160,727
  • Nov 11, 2009 1:05pm Nov 11, 2009 1:05pm
We have a potential of a double top in the making for EU/USD
  • #160,728
  • Nov 11, 2009 1:05pm Nov 11, 2009 1:05pm
Quote
Then why did you buy? http://cdn.forexfactory.com/images/s..._the_floor.gif

There are at least four very solid reasons to buy on the longer time frames here. Not to mention...oh yeah.

I brought long at 49659 and closed at par. I am not confident of going long till 15 M chart goes up.


Quote
We are in a huge uptrend. buying on dips has worked for the last 6 months.

I totally agree with you on this statement.
  • #160,729
  • Edited 1:08pm Nov 11, 2009 1:06pm | Edited 1:08pm
Toshi>>We're seeing RARE US Dollar firmness (can't call it strength at this point) on a US Bank Holiday.

The USD is usually well offered when the Fed is out of the market. Today it's catching a slight bid.<<

It is interesting to see the volumes on a day when a significant part of the market is supposed to be closed??

No matter for me really, that downdraft caught me sleeping and stopped out two accounts. Now, I have to rethink strategy. At the rate I think, that may take a while..
Ah Luv the smell of a good prediction in the mornin!
  • #160,730
  • Nov 11, 2009 1:10pm Nov 11, 2009 1:10pm
Quoting Artcritique
Hmmm..Are you certain the Fed is ot of the market?
It's Veteran's Day in the USA - all Federal offices are closed.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #160,731
  • Nov 11, 2009 1:11pm Nov 11, 2009 1:11pm
Entry
Long 1,4970
TP 1,5021

Am I crazy?
Don't give up
  • #160,732
  • Nov 11, 2009 1:13pm Nov 11, 2009 1:13pm
On this 15min chart it seems to have stalled around the pink MA which is the 4hr 20ema..
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.gif Size: 39 KB
rat
  • #160,733
  • Nov 11, 2009 1:14pm Nov 11, 2009 1:14pm
Quoting The Fool
It's Veteran's Day in the USA - all Federal offices are closed.
Big Brother never sleeps. Not all patriots are standing by the Cenotaph.

And computers never sleep at all. Till I don't like what I see on the monitor..
Ah Luv the smell of a good prediction in the mornin!
  • #160,734
  • Nov 11, 2009 1:14pm Nov 11, 2009 1:14pm
Quoting TexasforEX
Then why did you buy?

There are at least four very solid reasons to buy on the longer time frames here. Not to mention...oh yeah. We are in a huge uptrend. buying on dips has worked for the last 6 months.
The rate can still dip 6-800 pips in an uptrend. I think it will continue up but right now too many down signals and I don't see anything on 15M indicating up...
  • #160,735
  • Nov 11, 2009 1:16pm Nov 11, 2009 1:16pm
Quoting geomink
Entry
Long 1,4970
TP 1,5021

Am I crazy?
No, you are sane, it appears you have a very good entry, new bull channel starting, it is valid if it does not go below 1.4950 today
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.gif Size: 32 KB
  • #160,736
  • Nov 11, 2009 1:19pm Nov 11, 2009 1:19pm
Quoting Protogenos
The rate can still dip 6-800 pips in an uptrend. I think it will continue up but right now too many down signals and I don't see anything on 15M indicating up...

I would start to get nervous if the daily TL broke, coming in just below 1.47 currently. I would stop these longs below 1.4625. So no 800 pip drawdowns for me.
"Timing Is Everything. Really I Swear It Is"
  • #160,737
  • Nov 11, 2009 1:19pm Nov 11, 2009 1:19pm
Quoting wwwin
No, you are sane, it appears you have a very good entry, new bull channel starting, it is valid if it does not go below 1.4950 today

Don't give up
  • #160,738
  • Nov 11, 2009 1:19pm Nov 11, 2009 1:19pm
Quoting geomink
Entry
Long 1,4970
TP 1,5021

Am I crazy?
No you are not
Market is always correct,Prove your self!
  • #160,739
  • Nov 11, 2009 1:21pm Nov 11, 2009 1:21pm
Quoting The Fool
I'll take that bet, son.

Done.

As they say, "it's on baby" and don't call me son old man
"Timing Is Everything. Really I Swear It Is"
  • #160,740
  • Edited 1:34pm Nov 11, 2009 1:21pm | Edited 1:34pm
Quoting geomink
Entry
Long 1,4970
TP 1,5021
Am I crazy?
Yes you are
I did the same... RSI showed me to BUY ))

UPD: SL is too big for me, bit i like the set up ))
SL 1.4950
http://pic.ipicture.ru/uploads/091111/o1qjTs5as7.jpg
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