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EURUSD

  • #182,561
  • Jan 20, 2010 1:34am Jan 20, 2010 1:34am
I see a descending triangle on M5...
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  • #182,562
  • Jan 20, 2010 1:36am Jan 20, 2010 1:36am
Quoting tusa
Does your means EUR possible rebound from this position?
yea, Maybe, and as it goes up, people will keep selling and selling, but it's all a guess
  • #182,563
  • Jan 20, 2010 1:40am Jan 20, 2010 1:40am
Careful....What goes out....must eventually come back in.
  • #182,564
  • Jan 20, 2010 1:42am Jan 20, 2010 1:42am
Quoting Rednose
I see a descending triangle on M5...
rednose what is that can indicator can you direct me to find it pls.
  • #182,565
  • Jan 20, 2010 1:44am Jan 20, 2010 1:44am
Price now on Eu not good to sell. Although downtrend, lets wait for retrace today
The market will deceive you. Make your own judgement.
  • #182,566
  • Jan 20, 2010 1:49am Jan 20, 2010 1:49am
EU Just stuck........
Attached Image (click to enlarge)
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  • #182,567
  • Jan 20, 2010 1:49am Jan 20, 2010 1:49am
Quoting ninjafx
Price now on Eu not good to sell. Although downtrend, lets wait for retrace today
Boom Boom Boom Boom! Vamonos Vamonos!

I want to see some fireworks at the LO!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #182,568
  • Jan 20, 2010 1:53am Jan 20, 2010 1:53am
Again the same history as a couple of hours ago...let's see where it takes us...
My humble contribution to our cause!
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  • #182,569
  • Jan 20, 2010 1:56am Jan 20, 2010 1:56am
London Guys jumping in in 5minutes!
  • #182,570
  • Jan 20, 2010 2:00am Jan 20, 2010 2:00am
Quoting maurofx
London Guys jumping in in 5minutes!
SL moved to BE..
  • #182,571
  • Jan 20, 2010 2:01am Jan 20, 2010 2:01am
Eur/Gbp Is Flying !

* Never Trust To Any Indicator *
  • #182,572
  • Jan 20, 2010 2:03am Jan 20, 2010 2:03am
DAX opened down about 30 pts.

1.38 key level in my opinion.

DZ
  • #182,573
  • Jan 20, 2010 2:06am Jan 20, 2010 2:06am
Quoting uraceulose
DAX opened down about 30 pts.

1.38 key level in my opinion.

DZ
could be ...

DAX started yesterday also bad and from midday yet risen much - that helped the € not
  • #182,574
  • Jan 20, 2010 2:07am Jan 20, 2010 2:07am
waiting for the results of the u.s. banks
  • #182,575
  • Jan 20, 2010 2:10am Jan 20, 2010 2:10am
Quoting uraceulose
DAX opened down about 30 pts.

1.38 key level in my opinion.

DZ
no problem it was clear that yesterdays afternoon hike on the DAX was unsustainable and I am biting myself in the ass of not shorting it over night.


btw good morning evening and hope we all have a gr8 trading day,
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #182,576
  • Jan 20, 2010 2:13am Jan 20, 2010 2:13am
Good evening Cat. Yeah I woke up to a 137 pip+ this morning.

Today should be pretty interesting.

Donnie
  • #182,577
  • Jan 20, 2010 2:15am Jan 20, 2010 2:15am
Already close my short from the brake off the triangle... There's something wrong with my gut-o-meter in this area. We could never get a clear brake below. I guess it would be a long scalping sessio. Maybe news can give us back a clear direction for short term trading.
  • #182,578
  • Jan 20, 2010 2:16am Jan 20, 2010 2:16am
Quoting tradertom
waiting for the results of the u.s. banks
Me too. I bought BOFA @ 4.70 per share last March a couple days after it really tanked...hoping it holds on or gains a lil bit here by this April after tax season so I can buy some options on some oil/gold stuff.
Edit:they're all up in after hours so the outlook is good. hoping for around a loss of 40 cents a share or less would be good for B of A. expected is 50 cents per share. Wells fargo is should be about a gain of 50 cents per share so anything above that would be good. Goldman doesn't report til Thurs and I haven't looked into them as much to be honest.
DZ
  • #182,579
  • Jan 20, 2010 2:19am Jan 20, 2010 2:19am
looking at my daily chart I got a big fibo 50% (4190) from july 08 to low of october 08, this is broken and has broken a lot of other things so for me this should bee another big short day unless some unexpected € positive news come out.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #182,580
  • Jan 20, 2010 2:19am Jan 20, 2010 2:19am
Quoting Munal
EU Just stuck........
look at the Eur/Gbp thats the reason why it's resisting
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