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  • #187,821
  • Feb 1, 2010 9:10am Feb 1, 2010 9:10am
Does anyone now something about when Obama's gonna speak??
  • #187,822
  • Feb 1, 2010 9:12am Feb 1, 2010 9:12am
Shorts trying to squeeze some more juice out of it, but

it's already oversold.. We should move higher today.

GOLD is FLYING. looooook!
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #187,823
  • Feb 1, 2010 9:15am Feb 1, 2010 9:15am
Quoting Code4Capital
no.
should of locked in profits
  • #187,824
  • Feb 1, 2010 9:16am Feb 1, 2010 9:16am
Quoting maurofx
Does anyone now something about when Obama's gonna speak??
745 am PST
  • #187,825
  • Feb 1, 2010 9:16am Feb 1, 2010 9:16am
I am shorting from 30 but OIL is up 90 cent ,DJ is up 89 points,and Gold is up 3 $ smth like this
  • #187,826
  • Feb 1, 2010 9:17am Feb 1, 2010 9:17am
Quoting kilalik
should of locked in profits
should of just kept long apparently because I closed them at 3910 and right now its at 3914.. anyways I'm mad going to sleep its 7 am...
  • #187,827
  • Feb 1, 2010 9:19am Feb 1, 2010 9:19am
Quoting Code4Capital
should of just kept long apparently because I closed them at 3910 and right now its at 3914.. anyways I'm mad going to sleep its 7 am...
I'm frustrated with the market myself, but not going to sleep just yet...
  • #187,828
  • Feb 1, 2010 9:20am Feb 1, 2010 9:20am
Euro is weakening against all currencies and is holding up against USD, what a f...in joke...
  • #187,829
  • Feb 1, 2010 9:23am Feb 1, 2010 9:23am
Quoting kilalik
Euro is weakening against all currencies and is holding up against USD, what a f...in joke...

What??? Did you check EURJPY is up over 100 pips

Relative strength values are

USD 2.5

EUR 6.5

GBP 4.8

CHF 5.0

CAD 9.0 (Strongest)

AUD 7.5

JPY 0.7 (weakest)
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #187,830
  • Feb 1, 2010 9:24am Feb 1, 2010 9:24am
The question now is whether or not equities will hold on to the gains or this will be reversed like on Friday.
  • #187,831
  • Feb 1, 2010 9:24am Feb 1, 2010 9:24am
something interesting on gld..
Learn the words... speak the words
  • #187,832
  • Feb 1, 2010 9:25am Feb 1, 2010 9:25am
this is crazy...



eurusd... trying to go down... and thenz up...



but gold is up...

so that should make usd weak and make eurusd push higher up... waiting for some strength in upward direction b4 jumping in... if not, it will juz plunge down..
  • #187,833
  • Feb 1, 2010 9:26am Feb 1, 2010 9:26am
A/U just shot up like a rocket cuz of gold going up fast... What a surprise there?!?!
  • #187,834
  • Feb 1, 2010 9:27am Feb 1, 2010 9:27am
i shoud have locked in some profit..sigh..
I'm learning to trust my own charts..
  • #187,835
  • Feb 1, 2010 9:32am Feb 1, 2010 9:32am
watch out rumours are going around about geithner speaking and possible reavaluating the chinese yuan which will make the markets go crazy,
Don't be stupid! A black belt is a white belt that never quits!
  • #187,836
  • Feb 1, 2010 9:33am Feb 1, 2010 9:33am
Quoting Onzie77
watch out rumours are going around about geithner speaking and possible reavaluating the chinese yuan which will make the markets go crazy,
crazy with bears running over these stupid ass bulls that came too late and don't wanna leave, making me regret closing my longs that were in perfect postion especially my E/U one

PS I hate MOnday trading...
  • #187,837
  • Feb 1, 2010 9:36am Feb 1, 2010 9:36am
Quoting kilalik
crazy with bears running over these stupid ass bulls that came too late and don't wanna leave, making me regret closing my longs that were in perfect postion especially my E/U one

PS I hate MOnday trading...

Tue onwards will usually give a better picture...
  • #187,838
  • Feb 1, 2010 9:36am Feb 1, 2010 9:36am
Be careful on rushing in to make a trade. There could be a short term reversal or retracement if you will.

3945 may be an area to watch for a break higher to the 1.40xx area for a good short.

I get some good information on these levels from this thread....
http://www.algforex.com/images/stories/videos/02012.wmv
  • #187,839
  • Feb 1, 2010 9:36am Feb 1, 2010 9:36am
usd chf out 1.0597 +17
  • #187,840
  • Feb 1, 2010 9:36am Feb 1, 2010 9:36am
Quoting Blacknightz
this is crazy...



eurusd... trying to go down... and thenz up...



but gold is up...

so that should make usd weak and make eurusd push higher up... waiting for some strength in upward direction b4 jumping in... if not, it will juz plunge down..
Yeah , all eu craziness may be due to gold bouncing from a daily ltl.can't go much up nor down too & hence up & down to absorb shock is the answer.
take care.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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