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EURUSD

  • #176,641
  • Dec 31, 2009 5:55am Dec 31, 2009 5:55am
Happy New Year NEW ZEELAND !
  • #176,642
  • Dec 31, 2009 6:21am Dec 31, 2009 6:21am
Last chance for a bear move this year.

..Jobless Claims in U.S. May Show Firings Abated at Year’s End
  • #176,643
  • Dec 31, 2009 6:28am Dec 31, 2009 6:28am
there seems to be no bear left my friend. it all seems to be bull bul bull. i hope u can read my misery and sarcasim in it.
  • #176,644
  • Dec 31, 2009 6:40am Dec 31, 2009 6:40am
Quoting Nomi1
there seems to be no bear left my friend. it all seems to be bull bul bull. i hope u can read my misery and sarcasim in it.
Well time will tell, a positive employment claims report could easily confirm the outer bear channel on the 4H.

I would post my 4h chart - but the upload form is being funky on me.
  • #176,645
  • Dec 31, 2009 6:45am Dec 31, 2009 6:45am
anyone else see what i see?

wedge forming... a decision should be made perfectly in time for unemployment data in 45 minutes or so. don't think there's enough action out here though to actually make a decisive break either way though.
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  • #176,646
  • Dec 31, 2009 6:45am Dec 31, 2009 6:45am
well going by the data it seems the news will be positive for dollar. but then yesterdays data was good too and look wat happned more than 100 pips. i wonder wat happned with cable tht pulled every thing. gold is resisiting to go up but its goin becus the cable impact was so big.
  • #176,647
  • Dec 31, 2009 6:47am Dec 31, 2009 6:47am
Good Morning, what's going on?

Cable keeps running, already at 1.6227 WOW.

If you think EURO will sit behind Cable too long think again..

Look EURGBP it's back down to Support 2. I'm watching it, when EURO

start moving up while Cable already up too high this is also perfect BUY.

I guess Shorts can try to short EURUSD here for the "Initial Claims"

And then Buy all you can, cause we are going to chaise and hunt CABLE, just

watch EU and EURGBP both
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #176,648
  • Dec 31, 2009 6:47am Dec 31, 2009 6:47am
N.Korwea ban forex tomorro mayb they should just go to babypips and thyl be fine.
  • #176,649
  • Dec 31, 2009 6:50am Dec 31, 2009 6:50am
check eurgbp. was lookin good for a drop and still is. read an article this morning about gbp possibly recovering faster than the eurozone. i suck at economics but what i understood was more downside on eurgbp which means strong gbp.

other than that i think hardcore profit taking before year end on some stuff but not everything.
  • #176,650
  • Dec 31, 2009 6:51am Dec 31, 2009 6:51am
Quoting Nomi1
well going by the data it seems the news will be positive for dollar. but then yesterdays data was good too and look wat happned more than 100 pips. i wonder wat happned with cable tht pulled every thing. gold is resisiting to go up but its goin becus the cable impact was so big.
I think the news will be good for the dollar too. The markets are vrey deceptive at the moment.. i posted before how last chrismas break there was a short bull trend that out of the blue that caught everybody out too.

And it is a blue moon tonight..
  • #176,651
  • Dec 31, 2009 6:55am Dec 31, 2009 6:55am
Quoting malcolmb14

from 0.8 to 1.6000 we had a very clear 5 wave structure

the interesting thing , and only time will tell if this plays out. Is we have the mother of wave 1 and 2 formations and we are just starting wave 3 with min target 1.2300 , but more liekly 161.8 fe at 0.928

wave 1 and 2 are massive ....I hate to say where wave 5 could end
As only an EW amateur/student, not sure of the count either, but agree that in the large time frame heading down.... Happy & prosperous New Year to all...
  • #176,652
  • Dec 31, 2009 6:56am Dec 31, 2009 6:56am
so would you recommend to hold on to positions over new year and see what happens wen the dust falls. i dunt c any indicator that should make cable positive. unless there was too much drop in cable and dollar was actually not that strong.
  • #176,653
  • Dec 31, 2009 6:56am Dec 31, 2009 6:56am
Quoting SkyzerFX
Good Morning, what's going on?

Cable keeps running, already at 1.6227 WOW.

If you think EURO will sit behind Cable too long think again..

Look EURGBP it's back down to Support 2. I'm watching it, when EURO

start moving up while Cable already up too high this is also perfect BUY.

I guess Shorts can try to short EURUSD here for the "Initial Claims"

And then Buy all you can, cause we are going to chaise and hunt CABLE, just

watch EU and EURGBP both
very true
im assuming the news will boost euro to catch up with cable
wll see
  • #176,654
  • Dec 31, 2009 7:01am Dec 31, 2009 7:01am
symmetrical triangle , can either direction perhaps with US unemployment news .lets see direction it take.price still in bull setup.so far bull failed few attempts .my bais bear .if breaks down 1.4388/85/80 should another chance to bounce/try.

fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #176,655
  • Dec 31, 2009 7:04am Dec 31, 2009 7:04am
Quoting gatorinla
i dont doubt it may go higher. but it will come back.. i like to get a better price.
Pop, pop, pop - you in yet?
Nothing worth having is easy.
  • #176,656
  • Dec 31, 2009 7:05am Dec 31, 2009 7:05am
The Unemployment Claims coming up in half hour.
Let's see what this will bring for the last day of 2009.
  • #176,657
  • Dec 31, 2009 7:09am Dec 31, 2009 7:09am
Quoting Nomi1
well going by the data it seems the news will be positive for dollar. but then yesterdays data was good too and look wat happned more than 100 pips. i wonder wat happned with cable tht pulled every thing. gold is resisiting to go up but its goin becus the cable impact was so big.
What data? The forecast seems bad for dollar...
  • #176,658
  • Dec 31, 2009 7:15am Dec 31, 2009 7:15am
Quoting Matt99
What data? The forecast seems bad for dollar...
Not only that, but knowing there is no more News till

2010 also can spike the rally. Dollar been going too high too fast.

Now time to run downhill same as fast..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #176,659
  • Dec 31, 2009 7:15am Dec 31, 2009 7:15am
read an article at bloomberg and econimist predicted that less people would apply for unemployment claims.
  • #176,660
  • Dec 31, 2009 7:19am Dec 31, 2009 7:19am
if price go .450 imdefinatly bullish am skitish till .250 had only one trade this week because of the low volume thats +25p. no trade hung over for the new month.My New years reselutions i am going to record all my trade this year in a simple copy book and taly the monthly pip gain or loss and i hope you will too. i done this before and found it very usfull also will not phuc around with ea's any more for at least a year. will be mostly bullish because eurusd is close to gold and i think gold can only go up.
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