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EURUSD

  • #165,281
  • Nov 24, 2009 10:02pm Nov 24, 2009 10:02pm
Quoting Protogenos
Shorting at 1.4990, SL 1.50010...Looks like its going to bounce off that hourly TL that's been in play since Nov 10 or so
let's see if 1.5 will be a strong resistance since price has closed above the TL on H1.
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May the pips be with me !!!
  • #165,282
  • Nov 24, 2009 10:05pm Nov 24, 2009 10:05pm
usdchf hit resistance. Bounce?
  • #165,283
  • Nov 24, 2009 10:05pm Nov 24, 2009 10:05pm
Quoting ahlude
let's see if 1.5 will be a strong resistance since price has closed above the TL on H1.
Yeah, lol as soon as I posted that it broke the TL. Figures. Anyway, it only broke by a few pips so I'm gonna hold on to original SL
  • #165,284
  • Nov 24, 2009 10:10pm Nov 24, 2009 10:10pm
Quoting Galiba
1.7000 ??? it is unbelievable
It is not unbelievable at all. If you play with the charts, it is quite easy to make them show just that, and fairly quickly too. However, I am hearing stressed noises from many sectors even at the levels where we are now. The $1.50 level, is putting quite a burden on many of Europe's new members, and some of the old ones also. I think there is continuous Euro selling down to the 1.4850 level, then they back off and let the market absorb the supply, before they do it again.
Ah Luv the smell of a good prediction in the mornin!
  • #165,285
  • Nov 24, 2009 10:14pm Nov 24, 2009 10:14pm
does that mean we will see EU around 1.4850 again before it finally breaks the 1.5 level
  • #165,286
  • Nov 24, 2009 10:15pm Nov 24, 2009 10:15pm
damn work interfered with me taking a short position @ 4990
NOTHING VENTURED, NOTHING GAINED
  • #165,287
  • Nov 24, 2009 10:15pm Nov 24, 2009 10:15pm
Atlast I miss you checking my homework?
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  • #165,288
  • Nov 24, 2009 10:16pm Nov 24, 2009 10:16pm
Quoting Galiba
I hope 1.4989 will be a strong ressistant, end break the uptrend, for a short time ...
yea...not going north anymore...start falling?
  • #165,289
  • Nov 24, 2009 10:16pm Nov 24, 2009 10:16pm
Quoting Protogenos
Yeah, lol as soon as I posted that it broke the TL. Figures. Anyway, it only broke by a few pips so I'm gonna hold on to original SL
Moved SL to BE+1 and hope we do get that 1.4850, though I'm not counting on it
  • #165,290
  • Nov 24, 2009 10:18pm Nov 24, 2009 10:18pm
Quoting cphcphcph
yea...not going north anymore...start falling?
Maybe, i hope
  • #165,291
  • Nov 24, 2009 10:18pm Nov 24, 2009 10:18pm
stil went in short @ 4985
NOTHING VENTURED, NOTHING GAINED
  • #165,292
  • Nov 24, 2009 10:19pm Nov 24, 2009 10:19pm
Quoting franco73
stil went in short @ 4985
Why @4985 ?
On M15 this is a fibo level
  • #165,293
  • Nov 24, 2009 10:20pm Nov 24, 2009 10:20pm
Quoting Galiba
Why @4985 ?
Beacuase work didnt allow him to get in higher
  • #165,294
  • Nov 24, 2009 10:21pm Nov 24, 2009 10:21pm
Quoting BullRun
With Gold rallying, may be EurUsd will make a 2000 pips move up to 1.7000 in weak volumn trading. If this is true, this move could be a replication of last year Thanksgiving move... Looks like EurUsd is attempting to move higher with several wicks in the making...
I doubt that. Max 1.52. With end year coming, I believe it will drop. 1.5 seems to be a very hard resistance...tried once,twice,trice. Well south seems to be a clear way.

just be carefull with your SL, it might spike and capture it before heading south.

Gud luck guys.
Trade what you see. Write what you feel
  • #165,295
  • Nov 24, 2009 10:22pm Nov 24, 2009 10:22pm
Quoting Mr. Freeweed
Beacuase work didnt allow him to get in higher
thats right and my target is 4950, missed out on some pips but pips are still pips
NOTHING VENTURED, NOTHING GAINED
  • #165,296
  • Nov 24, 2009 10:23pm Nov 24, 2009 10:23pm
Quoting IMARICH1
Atlast I miss you checking my homework?
I'm using the same trend lines on the hour and the 4hr. yesterday and 1hr down trend was broken. Looks correct to me. Not as good as atlast but ..... hope he gets back on the forums again one day.
  • #165,297
  • Nov 24, 2009 10:25pm Nov 24, 2009 10:25pm
Quoting Mr. Freeweed
I'm using the same trend lines on the hour and the 4hr. yesterday and 1hr down trend was broken. Looks correct to me. Not as good as atlast but ..... hope he gets back on the forums again one day.
U waiting for short trend ?
  • #165,298
  • Nov 24, 2009 10:25pm Nov 24, 2009 10:25pm
Quoting cphcphcph
hope it doesn't break my sl @ 1.5000..
am with u SL 1.5015
  • #165,299
  • Nov 24, 2009 10:25pm Nov 24, 2009 10:25pm
added more shorts @ 1.4990
  • #165,300
  • Nov 24, 2009 10:27pm Nov 24, 2009 10:27pm
Quoting Galiba
U waiting for short trend ?
Nope I will trade anything if I see an opportunity. I'm on the fence at the moment and have not been able to watch PA today much so I'm waiting for a break either way.
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