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EURUSD

  • #175,281
  • Dec 23, 2009 12:43pm Dec 23, 2009 12:43pm
1H Chart
My Targets.
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  • #175,282
  • Dec 23, 2009 12:54pm Dec 23, 2009 12:54pm
Seems price not ready to go down much this time , more to go up as per higher tf & once retrace this much .I will be ready /carefull for possible bounce at 1.4331/33 most & if not at 1.4306/15 again.
thanks ,fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #175,283
  • Dec 23, 2009 12:59pm Dec 23, 2009 12:59pm
Quoting fontu
Seems price not ready to go down much this time , more to go up as per higher tf & once retrace this much .I will be ready /carefull for possible bounce at 1.4331/33 most & if not at 1.4306/15 again.
thanks ,fontu
Hmm.....might take a while or might go up some more :/
They think they are smarter than I am.
  • #175,284
  • Dec 23, 2009 1:09pm Dec 23, 2009 1:09pm
Quoting Optimum
1H Chart
My Targets.
Optimum, what indicator you used(cross and arrow) on the chart?
  • #175,285
  • Dec 23, 2009 1:41pm Dec 23, 2009 1:41pm
Quoting gatorinla
data was good for high oil..inventories were down. watch cad at 0410 but i doubt we get there. oil should bounce lower when cad reaches that area.. but anything can happen with oil. its more volitile the eu... so i trade eu.. too many varibles in oil/gold 4 me,
it seems the bouncing lower wont happen.. seems like it still wants to go higher
Pation is the Holy Grail
  • #175,286
  • Dec 23, 2009 1:48pm Dec 23, 2009 1:48pm
Gator I think there is a possibitly oil may test the 82 level in thin market condition
  • #175,287
  • Dec 23, 2009 1:54pm Dec 23, 2009 1:54pm
Quoting vinesh2
Gator I think there is a possibitly oil may test the 82 level in thin market condition
Well, Dollar bulls are crying about $40/b OIL. I don't know how they

come out with such out of whack number.. Did I said Oil going higher?

It's so obvious, you don't have to look any charts to realize that.

And I forgot to say, yes, Dollar going lower, we'll see anyways..

Just celebrate for now whoever we are longs or shorts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #175,288
  • Dec 23, 2009 2:03pm Dec 23, 2009 2:03pm
Well, few minutes before 4hr candle close, happens the move.....doh. Now wait 58min to wait next 1 hr close when supposed move is about to happen
They think they are smarter than I am.
  • #175,289
  • Dec 23, 2009 2:14pm Dec 23, 2009 2:14pm
Quoting Optimum
1H Chart
My Targets.

http://cdn.forexfactory.com/attachme...1&d=1261593811
First target, Ok!
  • #175,290
  • Dec 23, 2009 2:27pm Dec 23, 2009 2:27pm
how about a sell off
Pation is the Holy Grail
  • #175,291
  • Dec 23, 2009 2:28pm Dec 23, 2009 2:28pm
Quoting SkyzerFX
Well, Dollar bulls are crying about $40/b OIL. I don't know how they

come out with such out of whack number.. Did I said Oil going higher?

It's so obvious, you don't have to look any charts to realize that.

And I forgot to say, yes, Dollar going lower, we'll see anyways..

Just celebrate for now whoever we are longs or shorts
The usd bulls will soon grow tired... I have buy orders in at 1.235
  • #175,292
  • Edited 2:43pm Dec 23, 2009 2:31pm | Edited 2:43pm
Quoting vinesh2
Gator I think there is a possibitly oil may test the 82 level in thin market condition
dont get so nervous. it may.. and IF what happens after? bond rates have gone up for a month. if i recall we got a few before jan. the pattern is higher rates. holidays probably = less buyers.. so wheres that put rates. less buyers rates go up to entise them. feds no longer a buyer. im trading usd crosses in a downtrend. economy cant support 82 oil yet. turn down the radio. the louder they yell the more they are unsure..its noise..
those who can, do. those who cant, talk about those who can
  • #175,293
  • Dec 23, 2009 2:33pm Dec 23, 2009 2:33pm
Though, I must agree, that looking at My Daily EU Template

it's a not "Buy" yet (getting close but not quiet there), to be honest
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #175,294
  • Dec 23, 2009 2:44pm Dec 23, 2009 2:44pm
Wondering if sellers will turn into buyers into 4250
  • #175,295
  • Dec 23, 2009 2:47pm Dec 23, 2009 2:47pm
If it’s head and shoulders on 5min TF then my minimum downside price objection is 1.42844. What do you think?
  • #175,296
  • Dec 23, 2009 3:00pm Dec 23, 2009 3:00pm
Quoting alex.fx
If it’s head and shoulders on 5min TF then my minimum downside price objection is 1.42844. What do you think?
Considering the mood presently prevailing in the forum, by bringing in a 5Min chart for discussion, you are offering yourself to be crucified.

I leave it to the GODS of forex to begin.

TF
  • #175,297
  • Dec 23, 2009 3:05pm Dec 23, 2009 3:05pm
strategy for ASIA AND LONDON OPEN¨:
I ALREADY SHORTED EUR/USD 1.4349 AND LONG USD/CAD 1.0479

ON THE ONE HOUR WE SHOULD RETRACE AT 1.4310-1.4296 AND MAYBE BASED ON PRICE ACTION WE CAN TOUCH 1.4285-1.4275. GREAT OPPORTUNITY FOR A LONG CLICK BUT IM NOT DOING THAT. IM WAITING FOR A 4HR CONFIRMATION. IF WE GET MACD 5,13,1 BACK TO NEGATIVE THEN I BELIEVE WE ARE TOUCHING THE DONWTREND LINE BEFORE A BIG LONG LOT. THATS WHAT I BELIEVE IS GOING TO HAPPEN ON CHRISTMAS WEEK, THEN AFTER THIS HOLIDAY EURO IS ON ITS WAY AND WE CAN CHANGE THE DIRECTION. GO WITH THE TREND AND NOTHING IS GOING TO HAPPEN. I ALREADY HAVE THE EUR/USD ON BE+1.

I WOULD LOVE TO HAVE MY FIRST REACTION ON THIS FORUM. IM WRITING ALMOST EVERYDAY AND I DONT HAVE ANSWERS
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  • #175,298
  • Dec 23, 2009 3:06pm Dec 23, 2009 3:06pm
Quoting TradeForexFx
Considering the mood presently prevailing in the forum, by bringing in a 5Min chart for discussion, you are offering yourself to be crucified.

I leave it to the GODS of forex to begin.

TF
well, we'll see!
  • #175,299
  • Dec 23, 2009 3:17pm Dec 23, 2009 3:17pm
Azinvg hi there . thx for chart and i think in the same way that it ll retrace to may 1.43 area 138.2 fib of the last rally and it might go up for 50 pips or so
  • #175,300
  • Dec 23, 2009 3:21pm Dec 23, 2009 3:21pm
Quoting Azinvg
strategy for ASIA AND LONDON OPEN¨:
I ALREADY SHORTED EUR/USD 1.4349 AND LONG USD/CAD 1.0479

ON THE ONE HOUR WE SHOULD RETRACE AT 1.4310-1.4296...
Please write your comments in lower case to be easier to read. Thanks
Discipline + Patience - Fear - Greed = Success
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