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  • #169,101
  • Dec 6, 2009 6:33pm Dec 6, 2009 6:33pm
Quoting jazesfx
I believe we gonna go south sooner or later so i will wait for mkt to breach the major support on daily chart before making any decision.

and why do you think that? there are a lot of things pointing north at the moment...
  • #169,102
  • Dec 6, 2009 6:39pm Dec 6, 2009 6:39pm
Quoting jp09
and why do you think that? there are a lot of things pointing north at the moment...
a close above 1.4886,its back inside daily channel??false break south last friday???
  • #169,103
  • Dec 6, 2009 6:51pm Dec 6, 2009 6:51pm
I took another long position @ 1.4838 before the close Friday.

So now I have Long positions @ 1.4838 & 1.4871 and I am looking to close those near 1.4975 - 1.50 depending on the strength possibly higher.

I expect gold to recover some ground this week from Fridays roll back.

cheers.
  • #169,104
  • Dec 6, 2009 7:46pm Dec 6, 2009 7:46pm
I am looking for the EUR/USD to shoot up. But there will be an unexpected big move as the EURO news is released tomorrow. Good luck everyone.
  • #169,105
  • Dec 6, 2009 7:46pm Dec 6, 2009 7:46pm
Quoting TraderMark
The FDIC website shows SIX banks failed on Friday... http://www.fdic.gov/bank/individual/.../banklist.html
to see if the major networks have the gall to air "It's a wonderfull life" again this year as they have flogged it relentlessly in past Christmases. It was so amazig to read stories of smaller banks trying to reject the government inroads. and being told 'eat the pill or die'. The depositors in these small banks may be protected by the FDIC, but it dos nothing for the owners and shareholders. We may be getting close to the other shoe dropping now. I see that Kuwait bailed out of their Citi Bank investment??
Ah Luv the smell of a good prediction in the mornin!
  • #169,106
  • Dec 6, 2009 7:53pm Dec 6, 2009 7:53pm
Quoting QuickSilver
I am looking for the EUR/USD to shoot up. But there will be an unexpected big move as the EURO news is released tomorrow. Good luck everyone.
If it's unexpected, why are you expecting it?

And if it's unexpected, how are you able to predict it?
Not all sins are created equal
  • #169,107
  • Dec 6, 2009 8:00pm Dec 6, 2009 8:00pm
Quoting Jay Walker
If it's unexpected, why are you expecting it?

And if it's unexpected, how are you able to predict it?

Dude you just blew my mind
  • #169,108
  • Dec 6, 2009 8:04pm Dec 6, 2009 8:04pm
Quoting Evilgoat
Dude you just blew my mind
So long as it was only your mind.
Not all sins are created equal
  • #169,109
  • Dec 6, 2009 8:16pm Dec 6, 2009 8:16pm
Quoting Jay Walker
If it's unexpected, why are you expecting it?

And if it's unexpected, how are you able to predict it?
Now, now, Jay---stop picking on newbies. Remember, Santa is watching!!
  • #169,110
  • Dec 6, 2009 8:18pm Dec 6, 2009 8:18pm
Quoting Optimum
Euro ***LONG Area***
http://cdn.forexfactory.com/attachme...5&d=1259982624
Safe Long.

now Long low risk but short very risk
  • #169,111
  • Dec 6, 2009 8:18pm Dec 6, 2009 8:18pm
Quoting Jay Walker
So long as it was only your mind.
Always providing the good laugh man.

In aspects to the thread ...trend depends on today's daily candle. Daily candle closes above 1.4900 we are back in uptrend channel but if daily closes below , time to travel down a bit. Currently long net around 1.4850. expecting higher numbers but if daily closes below 1.4900 , I'll close longs and not hesitate to sell. My guts telling me we dont see more down moves until wednesday or so.

http://content.screencast.com/users/...12-06_1818.png
Going to make it big by age 21.
  • #169,112
  • Edited Dec 7, 2009 6:02am Dec 6, 2009 8:24pm | Edited Dec 7, 2009 6:02am
short term below 4871 is bearish. (currently 70) bear flag may be comfirmed..below 4871. and fridays move could continue. but larger trend is still up. 4890 is a fib level we are currently unable to break and hold. so area of 4898 may be a good place to go short or long with a t sl. usx has the same flag formation to the north side. as well as many other u.s. crosses indicating usd strength.. time will tell.. make your own call. theres a few levels on this chart that may be helpful. im still holding some shorts on gu and eu from thursday and closed cad short.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #169,113
  • Dec 6, 2009 8:24pm Dec 6, 2009 8:24pm
Closed out first position at 1.48853 for 22 pips, because I had to leave for an hour.

Re-entered at 1.4878.
TP - 1.4912
SL - 1.4865

4 Hour CCI crossing -100
4 Hour RSI crossing 30

All signs point to 1.4920
  • #169,114
  • Dec 6, 2009 8:27pm Dec 6, 2009 8:27pm
I have just taken a long at 1.4891.
Good Trading. (keep it simple).
  • #169,115
  • Dec 6, 2009 8:28pm Dec 6, 2009 8:28pm
Interesting Chart...
  • #169,116
  • Dec 6, 2009 8:32pm Dec 6, 2009 8:32pm
Euro very good support
Daily Chart E/U

I Think FIRST target 1,494x/7x
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  • #169,117
  • Dec 6, 2009 8:33pm Dec 6, 2009 8:33pm
Quoting gatorinla
short term below 4871 is bearish. (currently 70) bear flag may be comfirmed..below 4871. and fridays move could continue. but larger trend is still up. 4890 is a fib level we are currently unable to break and hold....
Yes I agree....if we can break 4900, I'll consider a long. Not at all keen on a short at the moment
Doing what you like is Freedom. Liking what you do is Happiness.
  • #169,118
  • Dec 6, 2009 8:36pm Dec 6, 2009 8:36pm
Quoting FX-Petra
Now, now, Jay---stop picking on newbies. Remember, Santa is watching!!
Santa is being collateralized by Goldman Sachs! He's a sellout hiring slave labour in Vietnam!
Not all sins are created equal
  • #169,119
  • Dec 6, 2009 8:37pm Dec 6, 2009 8:37pm
Quoting Optimum
Euro very good support
Daily Chart E/U

I Think FIRST target 1,494x/7x
if you want to use Trendlines....you actually have to draw them accurately...not draw them to support your opinion
Going to make it big by age 21.
  • #169,120
  • Dec 6, 2009 8:37pm Dec 6, 2009 8:37pm
We have monthly and weekly pivot at 1.4925 and 1.4936...
Im keeping my eye up at those level rite now...
Also daily pivot 1.4919....They are very close...
i will not go for long if below those level....
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