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EURUSD

  • #181,321
  • Jan 14, 2010 9:43pm Jan 14, 2010 9:43pm
any possibility of a retrace to 1.45?

or juz get ready to ride the express train south once the 5 min breaks out?
  • #181,322
  • Jan 14, 2010 9:46pm Jan 14, 2010 9:46pm
Quoting Blacknightz
any possibility of a retrace to 1.45?

or juz get ready to ride the express train south once the 5 min breaks out?
For me...I'm still on the sidelines. I am getting some North bound signals though, just need some confirmation. Should come soon. (15m)
  • #181,323
  • Jan 14, 2010 9:47pm Jan 14, 2010 9:47pm
Quoting 2+2=4ex
Small buy... tight stop
Well done
Doing what you like is Freedom. Liking what you do is Happiness.
  • #181,324
  • Jan 14, 2010 9:49pm Jan 14, 2010 9:49pm
Quoting Chicky
When it touches bottom white line, expect many casualties. Like Gator says "Last man standing wins".

ps. You may like to adjust the bottom line, its not perfect for 50/100 pip plays.
Where does the bottom trend line come from?
  • #181,325
  • Jan 14, 2010 9:50pm Jan 14, 2010 9:50pm
...
Attached Image (click to enlarge)
Click to Enlarge Name: m1 chart 01-14-2010 (2).gif Size: 14 KB
  • #181,326
  • Jan 14, 2010 9:51pm Jan 14, 2010 9:51pm
Quoting GulfCoastPip
For me...I'm still on the sidelines. I am getting some North bound signals though, just need some confirmation. Should come soon. (15m)
Who said Gator said "Last man standing wins"? I am with you GulfCoast(the water is nice and warm for us Gators)...I am heading North...Last Gator Standing wins!
  • #181,327
  • Jan 14, 2010 9:51pm Jan 14, 2010 9:51pm
Quoting gatorinla
i dont know. but we have followed oct. chart that does not end until 4138.. and purple one 1.04xx.. so we will c..
hi gat . a lot of people missed you in here . i hope you better today and ready for the ride
  • #181,328
  • Jan 14, 2010 9:54pm Jan 14, 2010 9:54pm
Quoting xtensive
Where does the bottom trend line come from?
Experience

ps. I use no lines. Let the market form them for us. These are lines of least resistances. We can only wait for them to take a shape before placing a trade.
The Thief of Wall Street
  • #181,329
  • Jan 14, 2010 9:56pm Jan 14, 2010 9:56pm
Careful guys & gals. We may get a slight pull back, then a nice steady climb north. That's what I'm looking at anyway.
  • #181,330
  • Jan 14, 2010 9:58pm Jan 14, 2010 9:58pm
Quoting GulfCoastPip
Careful guys & gals. We may get a slight pull back, then a nice steady climb north. That's what I'm looking at anyway.
You and me both!!
  • #181,331
  • Jan 14, 2010 10:00pm Jan 14, 2010 10:00pm
Quoting Gator
You and me both!!
I am riding the "The Gulf Stream" heading north!
  • #181,332
  • Jan 14, 2010 10:01pm Jan 14, 2010 10:01pm
Gator I hope you are feeling better. Missed your posts!

2 +2 =4ex.....I was looking for it to retrace back to the supply or support which is now resist at 4445......it only went to 4435 where you expeted....why were you looking at this area as oppossed to the 4445 area?

I am looking to SHORT. I had a Good weeek so far (+75).....

Goodluck.....

Where is that DRIVER55....I miss his areas to look at at for pivotal areas!....Probably at the bar with his bartender! LOL
  • #181,333
  • Jan 14, 2010 10:02pm Jan 14, 2010 10:02pm
Quoting GulfCoastPip
For me...I'm still on the sidelines. I am getting some North bound signals though, just need some confirmation. Should come soon. (15m)


aightz... im awaiting the 5m chart to predict further moves..
  • #181,334
  • Jan 14, 2010 10:04pm Jan 14, 2010 10:04pm
Quoting nawafasad1
hi gat . a lot of people missed you in here . i hope you better today and ready for the ride
thanx.... i went to a chinese place and had the duck and pork fried rice. i think i got the asian/bird/swine flu after...
those who can, do. those who cant, talk about those who can
  • #181,335
  • Jan 14, 2010 10:06pm Jan 14, 2010 10:06pm
LOL!!!! It seems you are better Gator!
  • #181,336
  • Jan 14, 2010 10:07pm Jan 14, 2010 10:07pm
Quoting IMARICH1
LOL!!!! It seems you are better Gator!
nope... but couldnt miss the set up..
those who can, do. those who cant, talk about those who can
  • #181,337
  • Jan 14, 2010 10:09pm Jan 14, 2010 10:09pm
Sorry to hear that...but your spirit is a fighter which is why you couldnt resist!

Hang in there! Hope you getting feeling back to par soon!
  • #181,338
  • Jan 14, 2010 10:09pm Jan 14, 2010 10:09pm
Quoting gatorinla
thanx.... i went to a chinese place and had the duck and pork fried rice. i think i got the asian/bird/swine flu after...
Many asian foods have good entries but nasty exits.

Take care man.
The Thief of Wall Street
  • #181,339
  • Jan 14, 2010 10:13pm Jan 14, 2010 10:13pm
Quoting Chicky
Many asian foods have good entries but nasty exits.

Take care man.

Isn't that the truth. For me, food poisoning or just bad food comes on fast with Asian food. Especially when it's Asian food cooked by a Mexican.
  • #181,340
  • Jan 14, 2010 10:14pm Jan 14, 2010 10:14pm
Quoting Kambooj
Earlier today I did mention of a drop happening downwards due to my trendline analysis:
http://www.forexfactory.com/showpost...stcount=181173

On the weekly chart I have drawn the lines. I call this setup a "mirror line setup" where motions are respecting a trendline and they are falling on either side of it making it look like a mirror.

As you can see the middle trendline has held motions pretty strong. Any motion that did penetrate it had a hard time bouncing back. Well guess what? the drop from the high of 5145 will...
To be consistent with a true mirror image, I believe the price action has to hug the middle line...look again. Yes, No?
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