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EURUSD

  • #173,801
  • Dec 17, 2009 2:55pm Dec 17, 2009 2:55pm
so it's been a while since last trade, and we have come a long way from 1.505 and 1.47 didn't stick around long either!
time for another weekly, monthly, daily, whatever, pivot trade
long 1.434
----- Dragonfly out in the sun you know what I mean, don't you know
  • #173,802
  • Dec 17, 2009 3:01pm Dec 17, 2009 3:01pm
today was great day - over +240 pips in my pocket, and 2 trades still in the game with over +120 pips
  • #173,803
  • Dec 17, 2009 3:03pm Dec 17, 2009 3:03pm
Quoting Optimum
2. option strong possibility

Maybe this better : Long now 4338 - S/L 4300 T/P 444x

USDX weekly chart
my SL is 4323 and TP 4385
Pation is the Holy Grail
  • #173,804
  • Dec 17, 2009 3:08pm Dec 17, 2009 3:08pm
nice drop, now i can close trades and go sleep
  • #173,805
  • Dec 17, 2009 3:09pm Dec 17, 2009 3:09pm
Does anyone know why we had that drop???
  • #173,806
  • Dec 17, 2009 3:11pm Dec 17, 2009 3:11pm
For all those interested in my analysis on this pair, as well as the currency market in general, see my updated (today) trading method under Desert Island Trading Journal.
  • #173,807
  • Dec 17, 2009 3:12pm Dec 17, 2009 3:12pm
Quoting maurofx
Does anyone know why we had that drop???
Wave 3 is in progress of a 5 wave trend.....or a wave c of an ABC correction. I am for wave 3. Either way, we are in a down trend.
  • #173,808
  • Dec 17, 2009 3:12pm Dec 17, 2009 3:12pm
here we go.... maybe.. i thinkk.. i tink i tink
those who can, do. those who cant, talk about those who can
  • #173,809
  • Dec 17, 2009 3:14pm Dec 17, 2009 3:14pm
Long at 4313
  • #173,810
  • Dec 17, 2009 3:15pm Dec 17, 2009 3:15pm
Quoting CzechTrade
my SL is 4323 and TP 4385
you asked about oil... it may drop early next week... but dont trade because of what im saying..
those who can, do. those who cant, talk about those who can
  • #173,811
  • Dec 17, 2009 3:21pm Dec 17, 2009 3:21pm
Hey Gator, I've been following your short calls dude!! Tks for that! Now, I'm kind of taking respect to 4310s area as a support. Do you think that a bad news on German Ifo Business Climate (cause of european situation) could lead the pair south? Tks 4 your time dude!
  • #173,812
  • Dec 17, 2009 3:24pm Dec 17, 2009 3:24pm
Quoting Optimum
Long at 4313
Man you got some balls down there! May I ask you what makes you take that decision?
  • #173,813
  • Dec 17, 2009 3:40pm Dec 17, 2009 3:40pm
wow now EU play @ 1.43 area....will this thing back to 1.5 by year end?.
  • #173,814
  • Dec 17, 2009 3:41pm Dec 17, 2009 3:41pm
Quoting maurofx
Man you got some balls down there! May I ask you what makes you take that decision?

2 long closed.
4313
4309

Close 4343
2lot
total +64pip
  • #173,815
  • Dec 17, 2009 3:44pm Dec 17, 2009 3:44pm
Quoting essenza
wow now EU play @ 1.43 area....will this thing back to 1.5 by year end?.
Maybe : (Levels)
444x
45xx
462x/8x (strong) Fib : 38.2
477x
483x
  • #173,816
  • Dec 17, 2009 3:44pm Dec 17, 2009 3:44pm
Quoting essenza
wow now EU play @ 1.43 area....will this thing back to 1.5 by year end?.
Forget the 1.5000 for now there is no way you will see this figure by year end...Again I can guarantee that just like I said to Mr Skyzer..

I have posted my charts and reasons as to why not..check my previous posts...

Next stop zone is 1.4200 then 1.4444 may be 1.4480 then down to 1.4000
Lets see how this play out

Good Luck
GeppyG

P.s This does not mean we are going to 1.4200 tonight...but there is we have a lot of long orders waiting to be executed....
Let Price determine your future!
  • #173,817
  • Dec 17, 2009 3:47pm Dec 17, 2009 3:47pm
Trade with the trend!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd plungedtrendgif.gif Size: 32 KB
  • #173,818
  • Dec 17, 2009 3:53pm Dec 17, 2009 3:53pm
Quoting Geppyg
Forget the 1.5000 for now there is no way you will see this figure by year end...Again I can guarantee that just like I said to Mr Skyzer..

I have posted my charts and reasons as to why not..check my previous posts...

Next stop zone is 1.4200 then 1.4444 may be 1.4480 then down to 1.4000
Lets see how this play out

Good Luck
GeppyG
I have been watching this topic and was wondering why allot of people keep thinking that it will go back up to 1.5000 by the end of the year. I thought it was something that I was missing. I thought the trend is your friend, and looking at my chart it seems to be down. Are we technically in an uptrend still?
  • #173,819
  • Dec 17, 2009 3:57pm Dec 17, 2009 3:57pm
euro bulls out for a hunt be carefull this can be a nightmare short guys........

ill start shorting depending on PA probably at 4450 could be catastrofic to get caught on a reversal of this bulls
  • #173,820
  • Dec 17, 2009 3:59pm Dec 17, 2009 3:59pm
Quoting GastonCorzo
euro bulls out for a hunt be carefull this can be a nightmare short guys........

ill start shorting depending on PA probably at 4450 could be catastrofic to get caught on a reversal of this bulls
I am not surprised big German news coming!
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