Attachments: EURUSD

EURUSD

#174,641
Dec 21, 2009 1:54pm Dec 21, 2009 1:54pm

Toledo
| Joined Aug 2009 | Status: Trader | 175 Posts

Quoting 4rexLady_de

Disliked

Hey Toledo,

just observed and tried to remind people of being friendly - I am done :-) - don´t worry.

And Merry Christmas to you, too! :-)

Ignored

Thank´s a lot !!! Go ahead...

#174,642
Dec 21, 2009 2:03pm Dec 21, 2009 2:03pm

realjumper
Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts

Quoting gatorinla

Disliked

this is a short term chart which pa indcated to me where we will go...

Ignored

Gator.....I may not get another chance this year 'cos these next days are going to be busy, but, thank you for all your efforts with your ass charts this year. This has been my first year of 'live' trading and I am well ahead of the 8 ball. It's been a slow process, and your ass charts have either confirmed my thinking, or else given me reason to look again at my plan. I can't say that I always agree, but you have been very helpful....and I thank you for your time, patience and effort.

Doing what you like is Freedom. Liking what you do is Happiness.

#174,643
Dec 21, 2009 2:06pm Dec 21, 2009 2:06pm

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,182 Posts

Quoting realjumper

Disliked

Gator.....I may not get another chance this year 'cos these next days are going to be busy, but, thank you for all your efforts with your ass charts this year. This has been my first year of 'live' trading and I am well ahead of the 8 ball. It's been a slow process, and your ass charts have either confirmed my thinking, or else given me reason to look again at my plan. I can't say that I always agree, but you have been very helpful....and I thank you for your time, patience and effort.

Ignored

no prob... working on other stuff. all looks good so far.. if this little M bounces ill get my 4325 entry maybe 4330... but after we will see, the tag says 4236.. but im banking on a bounce first. 4236 is only half the short term move.

those who can, do. those who cant, talk about those who can

#174,644
Dec 21, 2009 2:07pm Dec 21, 2009 2:07pm

msmarple
Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts

I think that is Medium term true, but I still think that some stops on higher levels will be taken out, if not today then tomorrow......

Well, I take a very small buy position and I know that this is high risk...just out of curiosity.....

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Be like water.

#174,645
Dec 21, 2009 2:09pm Dec 21, 2009 2:09pm

joemiami
Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts

Quoting Toledo

Disliked

Thank´s a lot !!! Go ahead...

Ignored

What happens if you're only friendly on the surface?.....

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#174,646
Dec 21, 2009 2:11pm Dec 21, 2009 2:11pm

Toledo
| Joined Aug 2009 | Status: Trader | 175 Posts

Waiting for a spike to go Long...

Remember: Staying aside is also a position !!!

Merry christmas to all, trade well and don´t loose your money...

#174,647
Dec 21, 2009 2:15pm Dec 21, 2009 2:15pm

Optimum
| Joined Jun 2008 | Status: Trader | 1,017 Posts

Dow Jones Down <-> Usdx Up
Dow Jones Up <-> Usdx Up

interesting

#174,648
Dec 21, 2009 2:17pm Dec 21, 2009 2:17pm

4rexLady_de
| Joined Oct 2008 | Status: Trader | 109 Posts

As I see the chart, there is room either way from here:

Since the pair has dropped almost 900 pips already without a "regular" retrace in between, it could well bounce off of the 200-sma or around 1,41-area...
Or second scenarioa would be it goes down until 1,3750 with the time and then probably ranges for a while between 1,3750 and 1,4350 roughly.

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#174,649
Dec 21, 2009 2:19pm Dec 21, 2009 2:19pm

4rexLady_de
| Joined Oct 2008 | Status: Trader | 109 Posts

Quoting joemiami

Disliked

What happens if you're only friendly on the surface?.....

Ignored

hehehe...funny...but hey, THIS everybody has to clear with him/herself....

#174,650
Dec 21, 2009 2:20pm Dec 21, 2009 2:20pm

Toledo
| Joined Aug 2009 | Status: Trader | 175 Posts

Quoting joemiami

Disliked

What happens if you're only friendly on the surface?.....

Ignored

Hi joemiami !
have a nice day

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#174,651
Dec 21, 2009 2:21pm Dec 21, 2009 2:21pm

IMARICH1
Joined Feb 2006 | Status: Trader | 1,718 Posts

Gator,

Are you waiting on this move down to retrace to 4336 or are you playing it down to 4236 area now?

Thanks

#174,652
Dec 21, 2009 2:23pm Dec 21, 2009 2:23pm

live4pips
| Additional Username | Joined Dec 2009 | 91 Posts

Quoting Toledo

Disliked

Hi joemiami !
have a nice day

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Ignored

That's cool!

#174,653
Dec 21, 2009 2:25pm Dec 21, 2009 2:25pm

joemiami
Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts

Quoting Toledo

Disliked

Hi joemiami !
have a nice day

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Ignored

how about something to keep you less anal retentive.......... all in fun of course.

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#174,654
Dec 21, 2009 2:34pm Dec 21, 2009 2:34pm

jaydc
| Joined Oct 2009 | Status: Trader | 249 Posts

hold short since 4355.. TP at 4222... some pull back is overdue
before 4222

#174,655
Dec 21, 2009 2:38pm Dec 21, 2009 2:38pm

live4pips
| Additional Username | Joined Dec 2009 | 91 Posts

Quoting joemiami

Disliked

This is what happens when the market is being lazy.... the B.S. starts flying...

Ignored

I think I dated her. She was really full of crap!

#174,656
Dec 21, 2009 2:38pm Dec 21, 2009 2:38pm

Toledo
| Joined Aug 2009 | Status: Trader | 175 Posts

Quoting joemiami

Disliked

how about something to keep you less anal retentive.......... all in fun of course.

Ignored

Cool down, Buddy!
Just trade...

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#174,657
Dec 21, 2009 2:41pm Dec 21, 2009 2:41pm

joemiami
Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts

Quoting Toledo

Disliked

Cool down, Buddy!
Just trade...

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Ignored

"Buddy" ....isnt that hick terminlogy?

#174,658
Dec 21, 2009 2:41pm Dec 21, 2009 2:41pm

candlesticks
| Joined Jul 2007 | Status: Candle Chartist | 280 Posts

EUR-USD continous to push down, even though stochastics (and other oscillators) are in extreem over sold area.

After reading the past 2 days of thread postings there are many traders that are expecting a reversal to occur which would push the EUR-USD pair up.

A few things to consider:

1. Low Volume: near Christmas and New Years we have many traders taking a mini vacation prior to beginning of the new years.

2. January Effect: where stock traders cash in their positions, may occur earlier, so we may see it happening in December's last 2 weeks....

3. Currencies Trend: Even if in the longer term EUR-USD may be in up trend, intermediate/shorter term it may be in down trend.

To make money daily, one must trade what they see.

Analysis: Until friday's high of 1.4411 is taken out to the upside, I am continuing to look for a continuation of EUR-USD to the down side. Friday's Doji (indicision candle) should not be taken as a reversal signal until its high is broken to the upside, and supported by other technicals.

See EUR-USD Daily Chart:

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