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  • #177,401
  • Jan 5, 2010 12:57am Jan 5, 2010 12:57am
Quoting Warwick
Whats that line at .4930 ?:nerd:
That's my revised TP for longs entered at 1.4900 The orginal TP was 1.5450.................. Now stop laughing at me I will add to my longs at 1.3700.
The Thief of Wall Street
  • #177,402
  • Jan 5, 2010 1:05am Jan 5, 2010 1:05am
Seems like the market is attempting to clear out weak eur/aud longs...

Eur/usd seems to be in limbo land - I fancy it'll be stuck there for quite some time.


Kiwi and Aussie pairs seem resilient, watching closely ... Will short at 92.583 and 77.76 respectively (if we ever get there) I feel the early shorts can suffer some more
  • #177,403
  • Jan 5, 2010 1:06am Jan 5, 2010 1:06am
Quoting Chicky
I feel obligated to help others because many helped me on forexfactory. I am a Paki.


wohooo !!! paki... remind me of russel peters!!!
  • #177,404
  • Jan 5, 2010 1:11am Jan 5, 2010 1:11am
Quoting Chicky
That's my revised TP for longs entered at 1.4900 The orginal TP was 1.5450.................. Now stop laughing at me I will add to my longs at 1.3700.

Wow, your a brave fella.... at .4900 i was arming my account for some serious shorts.

http://img684.imageshack.us/img684/975/eurfx.jpg
  • #177,405
  • Jan 5, 2010 1:12am Jan 5, 2010 1:12am
Anyone short at current levels around 1.4428 or so ?
  • #177,406
  • Jan 5, 2010 1:13am Jan 5, 2010 1:13am
Again it bounced back from a strong support of 1.4404/03.
  • #177,407
  • Jan 5, 2010 1:14am Jan 5, 2010 1:14am
Quoting gatorinla
tick tock

(DJ) *DJ German Dec New Car Registrations Down Some 4%-5% - Source
So you'r back after scalping. I was keeping the gang busy, will rest now.
The Thief of Wall Street
  • #177,408
  • Jan 5, 2010 1:17am Jan 5, 2010 1:17am
what does it mean when one say scalping.
  • #177,409
  • Jan 5, 2010 1:17am Jan 5, 2010 1:17am
Quoting Chicky
So you'r back after scalping. I was keeping the gang busy, will rest now.
Welcome back to the Funhouse, Chicky.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #177,410
  • Jan 5, 2010 1:18am Jan 5, 2010 1:18am
btw, your still long from .37?
  • #177,411
  • Jan 5, 2010 1:28am Jan 5, 2010 1:28am
Quoting The Fool
Welcome back to the Funhouse, Chicky.
Thanks TF,

I was supposed to go back home this week but decided to stay here until spring, moving in snow is difficult. I am addicted to these threads.
The Thief of Wall Street
  • #177,412
  • Jan 5, 2010 1:44am Jan 5, 2010 1:44am
Quote
After yesterday's flat market rate at today's auctions has increased, breaking the resistance level of 1.4461. Formed with the new uplink signal to improve the course. When breakdown support line will be a signal to decrease.
Indicators in the area shopping.
Forecast appreciation.

by: http://sites.google.com/site/forexfirstnews/

It again got support at 1.4404/03 in high volume europe opening. After crossing 1.4480 congestion, it should test R 2 at 1.4574
  • #177,413
  • Jan 5, 2010 1:46am Jan 5, 2010 1:46am
Longs within the EUR/AUD will soon be flushed out... patience ...the Bulk of traders went long at 1.60, assuming the average stop loss for the "common trader" is 300-400 pips for this pair, a good entry point should be about 70-90 pips away. Current (1.5755)

Shorts within the EUR/GBP are being squeezed imo, most will bail at 9028 (if we get there)...patience (Market seems bent on EUR/GBP parity in 2010)
  • #177,414
  • Jan 5, 2010 1:47am Jan 5, 2010 1:47am
Does anybody wonder where the SNB is? E/C has not been this low since the March '09 bottom.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #177,415
  • Jan 5, 2010 1:48am Jan 5, 2010 1:48am
long @ 14430 TP 14490 SL 14400

any sugestion ??
  • #177,416
  • Jan 5, 2010 1:55am Jan 5, 2010 1:55am
Quoting The Fool
Does anybody wonder where the SNB is? E/C has not been this low since the March '09 bottom.
Longs are being pressured, too many times have traders relied on the SNB for this pair....
  • #177,417
  • Jan 5, 2010 1:56am Jan 5, 2010 1:56am
Quote
long @ 14430 TP 14490 SL 14400

any sugestion ??

Good entry.
  • #177,418
  • Jan 5, 2010 1:57am Jan 5, 2010 1:57am
Quoting moonrider
long @ 14430 TP 14490 SL 14400

any sugestion ??

too common an entry for me, good luck nonetheless


my stance Short (position actually) 1.4435.3 tp 14400 sl 14490



Edit - out at .25
  • #177,419
  • Jan 5, 2010 2:00am Jan 5, 2010 2:00am
Quoting kingfisher
Good entry.
nope i think long have to wait a success break out above 4440 (triple top)
  • #177,420
  • Jan 5, 2010 2:08am Jan 5, 2010 2:08am
Quoting Warwick
Longs are being pressured, too many times have traders relied on the SNB for this pair....
If you look at the SNB interventions in '09, correlated moves in E/U were not very pronounced or even evident. But it might be a different story in thin market conditions. Anyway, SNB may have tired of the effort, futile as it has been...
"If The Fool persists in his Folly he will become wise." - William Blake
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