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EURUSD

  • #172,841
  • Dec 16, 2009 2:25pm Dec 16, 2009 2:25pm
Quoting Geppy
That was so anticlimactic it makes me want to cry...
well i'm sorry if you're sad

just think that prolly my money is in your account atm
  • #172,842
  • Dec 16, 2009 2:25pm Dec 16, 2009 2:25pm
Quoting X.Oden
EURUSD will go up....

It has a long climb to its last resistance point....going to be a nice ride...
would like to believe it but MACD-week looks very bearish though....
Don't be a hero. Don't have an ego. Always question yourself
  • #172,843
  • Dec 16, 2009 2:28pm Dec 16, 2009 2:28pm
does anyone have a reason for it to stop at 4506 other then this red line? i cant find it on any chart other then this.. purple line is at 4621 at this point. i had 4510 as a fib..
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those who can, do. those who cant, talk about those who can
  • #172,844
  • Dec 16, 2009 2:30pm Dec 16, 2009 2:30pm
Can't see any signals for long... Still short
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  • #172,845
  • Dec 16, 2009 2:32pm Dec 16, 2009 2:32pm
Quoting gatorinla
does anyone have a reason for it to stop at 4506 other then this red line? i cant find it on any chart other then this.. purple line is at 4621 at this point. i had 4510 as a fib..
Draw a fib from the March 2nd low to the high of 5140 (or whatever the high was), and the number you mention is right on the 23.6% line
Doing what you like is Freedom. Liking what you do is Happiness.
  • #172,846
  • Dec 16, 2009 2:33pm Dec 16, 2009 2:33pm
Quoting essenza
Bulls

http://www.bloomberg.com/apps/news?p...id=a6DZTA7E6VR
http://www.bloomberg.com/apps/news?p...d=au8PbWrd7dOs

i think a push above 1.48 is still possible. I will put my SL @ 1.43. Open longs @ 1.452. Hope everyone on the green pips.

"Goldman Sachs Says Buy Euros, Sees Currency Gaining to $1.55 in 3 Month"

1000 pips from here, nice.

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #172,847
  • Dec 16, 2009 2:34pm Dec 16, 2009 2:34pm
Quoting fraktalas
Can't see any signals for long... Still short
Attachment
yep 27 may be a good start
those who can, do. those who cant, talk about those who can
  • #172,848
  • Dec 16, 2009 2:36pm Dec 16, 2009 2:36pm
My work is done. If Big Dog had a big bear move he woulda sprung it in the FOMC brouhaha. Now euro showing some gumption, inching up on the dollar in the face of red DJIA. Euro dug a hole up around .4550 & I'm counting on him to get his ass back in there today.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #172,849
  • Dec 16, 2009 2:37pm Dec 16, 2009 2:37pm
Quoting SkyzerFX
"Goldman Sachs Says Buy Euros, Sees Currency Gaining to $1.55 in 3 Month"

1000 pips from here, nice.
i hope your not still holding that 147 oil waiting for 200.. goldmen talked about in 2008
those who can, do. those who cant, talk about those who can
  • #172,850
  • Dec 16, 2009 2:38pm Dec 16, 2009 2:38pm
Here's my Daily Analysis...

233 is Major Support...

My indicators show oversold and the turn around to resistance is a nice ride back up...the move appears to be weakning via the doji, but we'll have to wait until end of day to tell...

Someone did mention strong downtrend on the weekly....and I do see that...you are correct....

So if it falls it may continue to 1.4315...otherwise we'll see a move up to retest the last trend line break 1.4870 or possibly higher before it continues to fall...
Attached Image (click to enlarge)
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In Charts We Trust!
  • #172,851
  • Dec 16, 2009 2:38pm Dec 16, 2009 2:38pm
Quoting gatorinla
i hope your not still holding that 147 oil waiting for 200.. goldmen talked about in 2008
Even more of a reason to sell the euro
Let Price determine your future!
  • #172,852
  • Dec 16, 2009 2:40pm Dec 16, 2009 2:40pm
Originally Posted by SkyzerFX http://cdn.forexfactory.com/images/buttons/viewpost.gif
"Goldman Sachs Says Buy Euros, Sees Currency Gaining to $1.55 in 3 Month"

1000 pips from here, nice.

Maybe this should read:

Goldman Sachs Says Buy Euros, so we can dump them on you within the next 3 months...

(and no, you don't get a thank you)
Greed and impatience are our greatest enemies.
  • #172,853
  • Dec 16, 2009 2:41pm Dec 16, 2009 2:41pm
Quoting SkyzerFX
"Goldman Sachs Says Buy Euros, Sees Currency Gaining to $1.55 in 3 Month"

1000 pips from here, nice.
I have said this once will not say again. Read the article they said it is a possibility. They didn't say it definetely will happen.
  • #172,854
  • Dec 16, 2009 2:43pm Dec 16, 2009 2:43pm
I never trade OIL but that top $147/b could be taking out as well,

if Dollar blow 72 on the Index which I think will happened in 1 year

or so. Dollar going much lower. Not higher..

BTW I'm trading out and getting my Longs lower and lower. Now most on my Limited buys are under 1.45 with few

just over 1.45.

I've been watching this Piglet for 3 years now before I even trade, just a EURUSD pair.. And this Heading only

1 direction with small bumps on the road (except that full blown recession) Everything would be back on track.

IMHO again, keep shorting.. NO problem for me..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #172,855
  • Dec 16, 2009 2:44pm Dec 16, 2009 2:44pm
As I see it, at 1.46 there are tons of sell orders, and at 1.45 it has still a overweight of buy orders.

1.45 support has hold rock solid during the day (16 Dec 2009).

Bellow 1.45 is not much support, but above 1.46 is just more sell to come.

It will be very interesting to see what picks a hole on the support/resistance levels. Must admit that I can hardly wait for London to open... to take more ranging scalping or maybe see the break out.
  • #172,856
  • Dec 16, 2009 2:44pm Dec 16, 2009 2:44pm
Quoting realjumper
Draw a fib from the March 2nd low to the high of 5140 (or whatever the high was), and the number you mention is right on the 23.6% line
i got that one.. its 4/8 pips away (4510).. im into precise. .. i found another one after i posted that at 4505... its on my pre 1998 chart. but dont see a reason for it to be so strong. thanks.
those who can, do. those who cant, talk about those who can
  • #172,857
  • Dec 16, 2009 2:44pm Dec 16, 2009 2:44pm
euro bottomed.

rates not changed

1.55 VERY SOON


STARTING NOW
Gravity always wins
  • #172,858
  • Dec 16, 2009 2:45pm Dec 16, 2009 2:45pm
of dollar bulls here today.
All that is left in FF is just plain garbage. "Cloggie"
  • #172,859
  • Dec 16, 2009 2:48pm Dec 16, 2009 2:48pm
Quoting tonyo524
of dollar bulls here today.
It all depends on timeframe (at least it should to all here). I'm a dollar bull until the downtrend on the 4H is invalidated. Then I'm a euro bull. Until then I'll be counting my profit on my shorts, moving stops to lock in profit, and waiting to see what PA does next.
  • #172,860
  • Dec 16, 2009 2:54pm Dec 16, 2009 2:54pm
Quoting tonyo524
of dollar bulls here today.
I'm a euro bull till .4550 & beer money for a year
"If The Fool persists in his Folly he will become wise." - William Blake
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