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  • #178,321
  • Jan 7, 2010 8:49am Jan 7, 2010 8:49am
Quoting jp09
do you reckon we'll see another test of 4300 here or are we heading back up? i went short at 340 heavily expecting a retest of 300/280 but doubting it now, i would have expected it to have made a move by now

anyone else still holding shorts?
geting below 35 would give me a little confidence..usdx just bounced off st ltl
those who can, do. those who cant, talk about those who can
  • #178,322
  • Jan 7, 2010 8:57am Jan 7, 2010 8:57am
Hi all,

We trade in France and I can tell you that we do not really have good news in the euro area ... We have located a figure continuation of the trend ( Bear Flag), it indicates that EUR USD would break support at 1.4290 and then dropped to 1.3560. What are your feelings?

All the best
  • #178,323
  • Jan 7, 2010 8:59am Jan 7, 2010 8:59am
big moment atm... usdx trying to establish next level... above 77.99 current 77.94... securing this may keep us below 4300
those who can, do. those who cant, talk about those who can
  • #178,324
  • Jan 7, 2010 9:07am Jan 7, 2010 9:07am
i closed shorts waiting fo small pullback to re-enter
those who can, do. those who cant, talk about those who can
  • #178,325
  • Jan 7, 2010 9:09am Jan 7, 2010 9:09am
Quoting jp09
do you reckon we'll see another test of 4300 here or are we heading back up? i went short at 340 heavily expecting a retest of 300/280 but doubting it now, i would have expected it to have made a move by now

anyone else still holding shorts?
i modified buy limit .4300 might jump in .4310
  • #178,326
  • Jan 7, 2010 9:11am Jan 7, 2010 9:11am
Today its not a day to trade. Tommorrow is, and most probably what we are going to see during the meanwhile is consolidation between 4310 and 4390, then tomorrow we will see a spike at 4420-4440 region and then it will reverse downwards from there clearing 4300 and probably 4200.
  • #178,327
  • Jan 7, 2010 9:12am Jan 7, 2010 9:12am
eyes on area USDCHF 323-309

above long
below short
The best thing that can happen to you is to find out where you're wrong.
  • #178,328
  • Jan 7, 2010 9:12am Jan 7, 2010 9:12am
Quoting Kambooj
Today its not a day to trade. Tommorrow is, and most probably what we are going to see during the meanwhile is consolidation between 4310 and 4390, then tomorrow we will see a spike at 4420-4440 region and then it will reverse downwards from there clearing 4300 and probably 4200.
depends on trader.. risky but short again
those who can, do. those who cant, talk about those who can
  • #178,329
  • Jan 7, 2010 9:13am Jan 7, 2010 9:13am
Quoting Kambooj
Today its not a day to trade. Tommorrow is, and most probably what we are going to see during the meanwhile is consolidation between 4310 and 4390, then tomorrow we will see a spike at 4420-4440 region and then it will reverse downwards from there clearing 4300 and probably 4200.
I wish I can see the future like you do. Hats off to you Forex Guru.
{Promotion Removed}
  • #178,330
  • Jan 7, 2010 9:16am Jan 7, 2010 9:16am
Quoting Kambooj
Today its not a day to trade. Tommorrow is, and most probably what we are going to see during the meanwhile is consolidation between 4310 and 4390, then tomorrow we will see a spike at 4420-4440 region and then it will reverse downwards from there clearing 4300 and probably 4200.
you are very right , there should not be any break today & price ranges may be at random but most trades can be safe if sl beyound those ranges.ordinary traders like us can't sit idle any time.. at least some time pass.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #178,331
  • Jan 7, 2010 9:17am Jan 7, 2010 9:17am
helo guys im short at 1.4315 should i stay in the market or get out and go long ? and thnx for the help
  • #178,332
  • Jan 7, 2010 9:18am Jan 7, 2010 9:18am
Looks like Kambooj has a crystal ball
  • #178,333
  • Jan 7, 2010 9:20am Jan 7, 2010 9:20am
tuching moment, flesh and bones all arround borderline of 300 mark
  • #178,334
  • Jan 7, 2010 9:21am Jan 7, 2010 9:21am
typical, exited short just before it sank ten pips.

waiting for around 310/300 for a long. SL at 280 and TP around 380?
  • #178,335
  • Jan 7, 2010 9:22am Jan 7, 2010 9:22am
gator did you say that if the USD goes up past 78 we could head below 300?
i dont have access to a USDX... does anyone have a good link to a freebie?
  • #178,336
  • Jan 7, 2010 9:23am Jan 7, 2010 9:23am
Quoting gatorinla
i closed shorts waiting fo small pullback to re-enter
Can I ask what is your estimated target for re enter ?
  • #178,337
  • Jan 7, 2010 9:24am Jan 7, 2010 9:24am
Quoting jp09
gator did you say that if the USD goes up past 78 we could head below 300?
i dont have access to a USDX... does anyone have a good link to a freebie?
http://www.netdania.com/Products/liv...Chart.aspx?m=c
  • #178,338
  • Jan 7, 2010 9:24am Jan 7, 2010 9:24am
Quoting jp09
gator did you say that if the USD goes up past 78 we could head below 300?
i dont have access to a USDX... does anyone have a good link to a freebie?

netdania.com --> charts
  • #178,339
  • Jan 7, 2010 9:24am Jan 7, 2010 9:24am
i can see were i made mistake last night on this chart i missed this important lavel .4440
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  • #178,340
  • Jan 7, 2010 9:28am Jan 7, 2010 9:28am
along come the "rangers". sl below range at 1.4294
dreams do come true.
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