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  • #175,221
  • Dec 23, 2009 10:21am Dec 23, 2009 10:21am
Quoting BoredToLoose
I saw your post, and my view was that one!!

congrats.
Thank you BoredtoLose, I was not sure if it was a valid one...Now I know it..what do you think how high can we go? I´m think if we break 1.4370..1.45 would be possible...
  • #175,222
  • Dec 23, 2009 10:23am Dec 23, 2009 10:23am
Quoting paulw6182
i think is realy good right now above 4300 i movd my take profit down to 1400 hope to make a free trade when i move sl to entry.
ok mate thx, have a note from analyst that if this cudnt break 4350, then it will continue downward.

hopefully can see 1.40ish then
Guide me please
  • #175,223
  • Dec 23, 2009 10:26am Dec 23, 2009 10:26am
GU has already move almost 50 pips from the high point of the rally. So long we've moved 20. They are kind of correlated, so i guess we'll have more downside correction.
  • #175,224
  • Dec 23, 2009 10:28am Dec 23, 2009 10:28am
Quoting Rednose
Thank you BoredtoLose, I was not sure if it was a valid one...Now I know it..what do you think how high can we go? I´m think if we break 1.4370..1.45 would be possible...
Forex it is not easy, there are so many different views in same patterns.
Open longs only near my support line, it is a descending line, and we will see most probable new touches in that line.

What it is more powerful now, this Pattern or last days Trend, at least we are in a area that will fight Bears, so what I do it is to open longs near my bottom lines and close some in my top lines, looks easy!!

1.4344 could well be the top for today, trading at this timings is danger, but I see some bull pressure so I advice to long below levels.

Today IMO PA is showing the way for some time!!
  • #175,225
  • Dec 23, 2009 10:34am Dec 23, 2009 10:34am
any longs in the eur/chf ?
i thought was a decent entry at 1.4875 will see...
  • #175,226
  • Dec 23, 2009 10:39am Dec 23, 2009 10:39am
Quoting gatorinla
adding to shorts IF 4319 4323 4338 comes into picture. sl above 4256. will short gu again @ 5990/98 but may be too late now.. looks like 5807 st
sos another day
those who can, do. those who cant, talk about those who can
  • #175,227
  • Dec 23, 2009 10:41am Dec 23, 2009 10:41am
Quoting grashid
u r wrong .

its norm when someone post some BS (if people know n aware)..

he is one of good trader here n that is why he deserve my vouch...
just ask him how much his acc atm?

cheers...
you can't tell if someone is a good trader from what he post.. or his random call in forums,, you just can't.. so vouches means nothing. i'm afraid that it boost delusion of grandeur among some members and eventually they get crashed.
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #175,228
  • Dec 23, 2009 10:42am Dec 23, 2009 10:42am
EUR-USD with its stochastics in extreem over sold condition moves higher today to get a breather. IMO EUR-USD has to take out 1.4411 to continue higher. How the pair closes today will give clue to its direction.

This is a short week with Christmas falling on Friday. Next week we will continue to see low trading volume as many traders will still be on vacation.
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  • #175,229
  • Dec 23, 2009 10:42am Dec 23, 2009 10:42am
Quoting BoredToLoose
Forex it is not easy, there are so many different views in same patterns.
Open longs only near my support line, it is a descending line, and we will see most probable new touches in that line.

What it is more powerful now, this Pattern or last days Trend, at least we are in a area that will fight Bears, so what I do it is to open longs near my bottom lines and close some in my top lines, looks easy!!

1.4344 could well be the top for today, trading at this timings is danger, but I see some bull pressure so I advice to long below levels.

Today...
Thanks for the reply

I might be seeing a possible bull flag in the 15M...
  • #175,230
  • Dec 23, 2009 10:45am Dec 23, 2009 10:45am
I see GU being more exaggerated than EU.
  • #175,231
  • Dec 23, 2009 10:46am Dec 23, 2009 10:46am
Gator,

you still thinking SHORT up to 4356 even though 4323 has been breached?
  • #175,232
  • Dec 23, 2009 10:47am Dec 23, 2009 10:47am
Quoting candlesticks
EUR-USD with its stochastics in extreem over sold condition moves higher today to get a breather. IMO EUR-USD has to take out 1.4411 to continue higher. How the pair closes today will give clue to its direction.

This is a short week with Christmas falling on Friday. Next week we will continue to see low trading volume as many traders will still be on vacation.
Many traders being on holiday usually means a reversal of the trend, i'm impartial (as long) as the pips flow.
  • #175,233
  • Dec 23, 2009 10:50am Dec 23, 2009 10:50am
Gator, we are testing the daily pivot now and rsi has crossed upwards I think we are on our way to a decent correction. Volatile moves in the making all the way up to year end.
  • #175,234
  • Dec 23, 2009 10:59am Dec 23, 2009 10:59am
Quoting Rednose
Thanks for the reply

I might be seeing a possible bull flag in the 15M...
Yes..it was a Bull Flag..
  • #175,235
  • Dec 23, 2009 10:59am Dec 23, 2009 10:59am
Quoting IMARICH1
Gator,

you still thinking SHORT up to 4356 even though 4323 has been breached?
as a weekly trader yes. what tf or type of trader are you?
those who can, do. those who cant, talk about those who can
  • #175,236
  • Dec 23, 2009 11:02am Dec 23, 2009 11:02am
short 4339
  • #175,237
  • Dec 23, 2009 11:02am Dec 23, 2009 11:02am
gator, daily question from me.. what do you think about oil? we had really unexpected bad data and it still holds and doesnt want to drop.. any thoughts?
Pation is the Holy Grail
  • #175,238
  • Dec 23, 2009 11:02am Dec 23, 2009 11:02am
Intraday! I follow Atlast approach with pitchforks....we crossed the median line on a 1 hr chart but there is an equidistant line around 4373 and the Daily sma at 4372......so it is a toss up for me.....

I am trying to enter SHORT some where here but I see a LONG is possible to 4373....and then I am not sure where PA will go.....
  • #175,239
  • Dec 23, 2009 11:02am Dec 23, 2009 11:02am
Quoting vinesh2
Gator, we are testing the daily pivot now and rsi has crossed upwards I think we are on our way to a decent correction. Volatile moves in the making all the way up to year end.
maybe .. but wheres the beef? 72/75 still a virgin... much less 94.. with anti usd news .housing/oil. we moved less then 60 pips..
those who can, do. those who cant, talk about those who can
  • #175,240
  • Dec 23, 2009 11:06am Dec 23, 2009 11:06am
Quoting IMARICH1
Intraday! I follow Atlast approach with pitchforks....we crossed the median line on a 1 hr chart but there is an equidistant line around 4373 and the Daily sma at 4372......so it is a toss up for me.....

I am trying to enter SHORT some where here but I see a LONG is possible to 4373....and then I am not sure where PA will go.....
Could you post your chart with the pitchforks? Tks!
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