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  • #164,421
  • Nov 23, 2009 3:15am Nov 23, 2009 3:15am
ok trichet in 4 then u.s. home sales.. they were looking bad. so we will see.
those who can, do. those who cant, talk about those who can
  • #164,422
  • Nov 23, 2009 3:18am Nov 23, 2009 3:18am
Quoting kingfisher
Even if it goes up, ulitmately profit booking will set in. Traders will liquidate their long positions to book profits.

I am also short and have enough safety margin in the account in case if traders jack up the prices more.
Yeah I think the r/r is pretty good, but I won't move the sl in the event that the pa rises.....the line is the sand is set in concrete!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #164,423
  • Nov 23, 2009 3:21am Nov 23, 2009 3:21am
the party is not over
The best thing that can happen to you is to find out where you're wrong.
  • #164,424
  • Nov 23, 2009 3:24am Nov 23, 2009 3:24am
I closed my position. Been doing this all week, go up early, drop later on.
Not waiting this time. I'm ready to go long again once its above 1.5070 or when its around 1.48.
  • #164,425
  • Nov 23, 2009 3:24am Nov 23, 2009 3:24am
Anyone knows what's pushing euro up, besides mere speculation?
  • #164,426
  • Nov 23, 2009 3:25am Nov 23, 2009 3:25am
Quoting Driver55
the party is not over
Marvellous
Doing what you like is Freedom. Liking what you do is Happiness.
  • #164,427
  • Edited 3:45am Nov 23, 2009 3:32am | Edited 3:45am
Quoting T.E.Lawrence
Anyone knows what's pushing euro up, besides mere speculation?
up trend.. it tested lower trend lines and failed. it may or not test again. or should know with cad and u.s. news if there will be another test soon or not. i lost one usd strength signal but still have another..still fragile..
those who can, do. those who cant, talk about those who can
  • #164,428
  • Nov 23, 2009 3:35am Nov 23, 2009 3:35am
its touch and go, im in a long position, dont know if i should stay or get out.
NOTHING VENTURED, NOTHING GAINED
  • #164,429
  • Nov 23, 2009 3:36am Nov 23, 2009 3:36am
Quoting T.E.Lawrence
Anyone knows what's pushing euro up, besides mere speculation?
Gold is having new highs every 3 days. Maybe the euro correction down to 1,46-1.47 will come in the same time for a correction in gold.
On the other hand looking at gold previous minimum 700, 1000 strong support, then we are still aiming for 1300, in that case, this might be a new jump for euro at 1.52 and beyond. just my 2 cents.
  • #164,430
  • Nov 23, 2009 4:00am Nov 23, 2009 4:00am
wil b shorting should latest 1h candle closes below 1.4970
  • #164,431
  • Nov 23, 2009 4:05am Nov 23, 2009 4:05am
Morning all, PA currently stalling at weekly R1..................
  • #164,432
  • Nov 23, 2009 4:06am Nov 23, 2009 4:06am
Quoting meje
wil b shorting should latest 1h candle closes below 1.4970
That is quite a while isn't it?
All that is left in FF is just plain garbage. "Cloggie"
  • #164,433
  • Nov 23, 2009 4:19am Nov 23, 2009 4:19am
Can some explain what is PA..sorry I am new ???

Thank you
  • #164,434
  • Nov 23, 2009 4:20am Nov 23, 2009 4:20am
Quoting zilijen
Can some explain what is PA..sorry I am new ???

Thank you
Price Action
  • #164,435
  • Nov 23, 2009 4:26am Nov 23, 2009 4:26am
Euro is still testing her previous resistance (blue arrow) to break 1.5 inorder to move higher else she will head south again. Comments ?
Attached Image (click to enlarge)
Click to Enlarge Name: euro-20091123.jpg Size: 114 KB
May the pips be with me !!!
  • #164,436
  • Nov 23, 2009 4:30am Nov 23, 2009 4:30am
Quoting Driver55
the party is not over
Before the fat lady sings...
  • #164,437
  • Nov 23, 2009 4:56am Nov 23, 2009 4:56am
Quoting ahlude
Euro is still testing her previous resistance (blue arrow) to break 1.5 inorder to move higher else she will head south again. Comments ?
I Believe that we gonna get 1,5150 more soon than almoust people can think, but i'm thinking too that we need first a correction.
"Por mais fundo que seja o buraco, pelo menos esse não tem terra em cima"
  • #164,438
  • Edited 5:10am Nov 23, 2009 4:58am | Edited 5:10am
Welcome!

This is my chart :
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 17 KB


and with correlation :

Attached Image (click to enlarge)
Click to Enlarge Name: us500.gif Size: 16 KB




Any comments?

P.S. Hmmm... I'm "junior member" but I hope, this post will be not too late pulicated... )
Uuups! I did it again....
  • #164,439
  • Nov 23, 2009 5:10am Nov 23, 2009 5:10am
Next 10 mins will show where we go - at least for next couple of hours...
Attached Image (click to enlarge)
Click to Enlarge Name: 11-23-2009 11-04-18 AM.png Size: 21 KB
  • #164,440
  • Nov 23, 2009 5:11am Nov 23, 2009 5:11am
Quoting e_piz
4H TF seems to BULL, got my entry at 1.4940, TP will be 60 pip from this. 1.5000. Adios bull
close at 1.4970 with 30pips, seems the market is trying hard to go north but there seems something is holding it. will wait for another 4H candle to emerge before making decision
Trade what you see. Write what you feel
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