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  • #176,301
  • Dec 29, 2009 10:08pm Dec 29, 2009 10:08pm
Quoting Clouds
Well well.. No way is it going up, but everyone has a view, including me. usd/cad is a proxy i like to look at , it bounced off 1.04, and the usd bullish won't stop at all until 1.07.
its a trade that i ve taken and the sloss is 20 pips and i put my target at 1.44 for t1 and t2 is 1.45 i ve taken this trade at 61.8 fib with divergence on 5 min at a res pivot . if i m wrong and i could be it will hit my sl
  • #176,302
  • Dec 29, 2009 10:09pm Dec 29, 2009 10:09pm
interesting read...

"Dec. 30 (Bloomberg) -- The euro fell to a one-week low against the dollar on speculation some of the countries sharing the European currency will have their credit ratings downgraded."

http://www.bloomberg.com/apps/news?p...d=aa.pJ5OBFBRE
  • #176,303
  • Dec 29, 2009 10:11pm Dec 29, 2009 10:11pm
Quoting Driver55
Morning
Morning!
Not all sins are created equal
  • #176,304
  • Dec 29, 2009 10:12pm Dec 29, 2009 10:12pm
It's normal to have a clash of trading direction. I myself went short a moment ago, but just in case, I'll brace myself if it went upward instead. Hey, only risk what you can afford to lose.
  • #176,305
  • Dec 29, 2009 10:18pm Dec 29, 2009 10:18pm
Quoting Driver55
Morning
Good morning
" When the ship starts to sink, don't just pray. JUMP "
  • #176,306
  • Dec 29, 2009 10:21pm Dec 29, 2009 10:21pm
Quoting Jay Walker
Morning!
Hi Jay
The best thing that can happen to you is to find out where you're wrong.
  • #176,307
  • Dec 29, 2009 10:25pm Dec 29, 2009 10:25pm
Quoting nawafasad1
its a trade that i ve taken and the sloss is 20 pips and i put my target at 1.44 for t1 and t2 is 1.45 i ve taken this trade at 61.8 fib with divergence on 5 min at a res pivot . if i m wrong and i could be it will hit my sl
well 1.44 maybe, but not above the previous high, imo. usd/jpy is having some trouble overcoming it's previous high atm.
  • #176,308
  • Dec 29, 2009 10:42pm Dec 29, 2009 10:42pm
Quoting Clouds
well 1.44 maybe, but not above the previous high, imo. usd/jpy is having some trouble overcoming it's previous high atm.
dont count on that any high could be taken . if this waveb of4 ending @1.4306 then c will go higer than wave a for sure
  • #176,309
  • Dec 29, 2009 10:45pm Dec 29, 2009 10:45pm
Quoting nawafasad1
dont count on that any high could be taken . if this waveb of4 ending @1.4306 then c will go higer than wave a for sure

ew is subjective..

right now sellers eu at 1.4345 on 10 min chart .. that is not subjective. Opening sell.
Blogging daily now at www.volume.zone
  • #176,310
  • Dec 29, 2009 10:51pm Dec 29, 2009 10:51pm
malcolme i m a trader not a follower i do this for living i will never change my mind its going up get it or dig it baby
  • #176,311
  • Dec 29, 2009 10:56pm Dec 29, 2009 10:56pm
Quoting malcolmb14
ew is subjective..

right now sellers eu at 1.4345 on 10 min chart .. that is not subjective. Opening sell.

Oh! malcom malcom !!!!!
Fools Rushing
  • #176,312
  • Dec 29, 2009 10:57pm Dec 29, 2009 10:57pm
Gbp/jpy is good for a swing trade – first target is 147,00 or 147,30 (if 147,00 is broken in first try (triangle trendline), sell around 147,35) if we will stop around 147,00-05 and go down a bit – then time for 152,65.



2010 should send gbp/jpy to 187,00 area
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #176,313
  • Dec 29, 2009 11:09pm Dec 29, 2009 11:09pm
Quoting nawafasad1
malcolme i m a trader not a follower i do this for living i will never change my mind its going up get it or dig it baby
I'll not comment on your trade or theory. I do think you should allow others to be "Wrong", however. Or shall we say 'to have opposing views'..

One thing I can guarantee you and everyone else here is that you are "a follower". I'll qualify that a bit; if Paul Soros is on the board tonight, he is excluded. Other than that, any small trader is a follower. We don't set the prices. We pick and choose, and hope that we can get a price which will allow us to make a few dollars..
Ah Luv the smell of a good prediction in the mornin!
  • #176,314
  • Dec 29, 2009 11:12pm Dec 29, 2009 11:12pm
For those that do this for a living, now can the dollar really weaken anymore after so many lines have been broken. I'm not really taking about scalping 50 pips.
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  • #176,315
  • Dec 29, 2009 11:28pm Dec 29, 2009 11:28pm
1.4345 looks the goods for short atm, easy to get a few ticks here and there
Grabbing the bull by the horns!
  • #176,316
  • Dec 29, 2009 11:31pm Dec 29, 2009 11:31pm
Quoting Artcritique
I'll not comment on your trade or theory. I do think you should allow others to be "Wrong", however. Or shall we say 'to have opposing views'..

One thing I can guarantee you and everyone else here is that you are "a follower". I'll qualify that a bit; if Paul Soros is on the board tonight, he is excluded. Other than that, any small trader is a follower. We don't set the prices. We pick and choose, and hope that we can get a price which will allow us to make a few dollars..
sir everytrader has a system that gets him in and out of trades hoping to make money . if i took a trade then its my risk and i m willing to take that . i m not predicting the direction of market to anyone but i dont follow another traders signals even if if he was paul soros though i dont know him
  • #176,317
  • Dec 29, 2009 11:38pm Dec 29, 2009 11:38pm
maybe we'll test the high 1.4445, and have double top, and then sell.
  • #176,318
  • Edited 11:51pm Dec 29, 2009 11:39pm | Edited 11:51pm
Quoting nawafasad1
i cant see any problem with going up even if you ve a round top on 4h . it could still go up to 38.2 and its more likely for wave4 to finish at
Thanks , very true though i doubt who is going to buy much surely to fail , an apprehension will always work for bull .still somebody to buy so as to move the market next , may the bears to and if r top alone not suffice for bear continuation signal.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #176,319
  • Dec 29, 2009 11:51pm Dec 29, 2009 11:51pm
www.babypips.com.

Everyone there can see what this means. More probability of bear, 3 hours trying to go above 1.4350, if it goes, im buying at 1.4365. And then selling on 1.4450, but doubt it.

30m tf, great opportunity to sell. then we can buy at 1.4250-1.43 so we can leave it for 2010
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  • #176,320
  • Dec 29, 2009 11:52pm Dec 29, 2009 11:52pm
well we ll see cause market will show us soon if it s buyers or sellers
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