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EURUSD

  • #188,541
  • Feb 2, 2010 1:16pm Feb 2, 2010 1:16pm
What I see
more upside correction before resume down...
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  • #188,542
  • Feb 2, 2010 1:17pm Feb 2, 2010 1:17pm
Quoting TrooperCoope
Its nice, eh?

Pure technically... it left the bearish trendline yesterday (red), after hitting a longer term bull trendline (blue). After that it was just a matter of time untill stops were hit. I scalped it all day since E/U price action is not what I like at the moment.

Carefull now though, it crossed the Autobahn and reached a barrier now... Not gonna short it,... but there might be some profit taking arround here.

correction is complete for EURUSD ?
  • #188,543
  • Feb 2, 2010 1:18pm Feb 2, 2010 1:18pm
Good job picking the top gat. Most of the markets are correcting now.
  • #188,544
  • Edited 1:30pm Feb 2, 2010 1:20pm | Edited 1:30pm
Quoting SkyzerFX
"The NY boys should do the trick" Who are they.. Hahh?

US Feds need weak Dollar as never before with such huge defects

and low economic activity..

USD longs are screwed, by default, you can write that in your

notebook, to check it out later.
r gdp picks up.. and we buy less from overseas... reduce trade deficit.. and get some brains and support ourself. if u.s consumer turns off the media and gets together. demands wallmart sell domestic products fist .. this could be done in a single year. china has bulls eye on europe now.. they just replaced germany as #1 exporter. wake up.. but it may already be too late.. china has to float their currency if not its over for ez. china products all gov. backed lower prices.. stick a fork in japan shes already done.. the ez is a dead man walking if they dont wake up.. what saved u.s. is commodities like coal and grain..ect.. europe does not have this to fall back on.. it will be much worse for europe then it was for u.s. we already closed our factories.. now its europes turn.. unless they wake up..
those who can, do. those who cant, talk about those who can
  • #188,545
  • Feb 2, 2010 1:22pm Feb 2, 2010 1:22pm
Quoting Scotty B
Market is in selling mode right now.
Right, and especially last 2 days DOW is up 100+ points each day, really

tanking
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  • #188,546
  • Feb 2, 2010 1:26pm Feb 2, 2010 1:26pm
The Dow is getting close (within 50pts) to the 50% retrace level from that last major wave down.

I'm only posting this because it relates to the EU.
  • #188,547
  • Feb 2, 2010 1:27pm Feb 2, 2010 1:27pm
next stop 1.40
http://www.forexlive.com/81946/all/slow-grind-higher
  • #188,548
  • Feb 2, 2010 1:27pm Feb 2, 2010 1:27pm
Quoting gatorinla
r gdp picks up..
Ahaa.. GDP picks up 3% and Debt picks up 100% and within 2 years

whole US GDP amount of $$$ wouldn't be enough to make interest payments on

this Debt alone. 6 trillion $$$ by 2012 no joke.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #188,549
  • Feb 2, 2010 1:28pm Feb 2, 2010 1:28pm
Market says it is the other way, Ichmoku system suggests it will go 1,3610 in 1-2 months and btw, I trust market, not your dreams.
Where are you reading these theories of needed weak dollars, your forecast NEVER fulllfil, you are lucky because you trade demo, other way your family will have nothing to eat, sorry, make up your mind, trade rumors and facts, not your dreams or personal simpties or antipaties to the particular country.
Peace.


Quoting SkyzerFX
"The NY boys should do the trick" Who are they.. Hahh?

US Feds need weak Dollar as never before with such huge defects

and low economic activity..

USD longs are screwed, by default, you can write that in your

notebook, to check it out later.
  • #188,550
  • Feb 2, 2010 1:32pm Feb 2, 2010 1:32pm
Quoting SkyzerFX
Ahaa.. GDP picks up 3% and Debt picks up 100% and within 2 years

whole US GDP amount of $$$ wouldn't be enough to make interest payments on

this Debt alone. 6 trillion $$$ by 2012 no joke.

Just wondering why you bash the american financial sys so often(almost every post)? It just seems like you have a grudge or something that is extremely biased.
  • #188,551
  • Feb 2, 2010 1:33pm Feb 2, 2010 1:33pm
When I was learning trading, I was told one rule: where are people who talks, forecast, do economic analysis, but they do not trace, they just write articles, because they are paid for them, traders are paid for trading reality, not personal opinions, so, you can have your figures, your arguments, BUT... sorry guy, they do not apply to what charts and PA show...

Quoting SkyzerFX
Ahaa.. GDP picks up 3% and Debt picks up 100% and within 2 years

whole GDP amount of $$$ wouldn't be enough to make interest payments on

this Debt alone. 6 trillion $$$ by 2012 no joke.
  • #188,552
  • Feb 2, 2010 1:33pm Feb 2, 2010 1:33pm
Keep an eye on 1.403 area if that blows then 1.408-1.41 is 1st stop then 1.42
  • #188,553
  • Feb 2, 2010 1:35pm Feb 2, 2010 1:35pm
Quoting SkyzerFX
Ahaa.. GDP picks up 3% and Debt picks up 100% and within 2 years

whole US GDP amount of $$$ wouldn't be enough to make interest payments on

this Debt alone. 6 trillion $$$ by 2012 no joke.
Lol skyzer whats new ? still hate me ?
  • #188,554
  • Feb 2, 2010 1:38pm Feb 2, 2010 1:38pm
Moderate to big lots pending shorts covering 1.3978 to 1.4029 & active ones at 72 with sl for all just above 1.4050, tp open . keeping for overnight play . good night , see you all next morning my time.Hope will play over 1.3992.I see price has got life & will not so easily broken down soon & my orders till R3 should be ok with sl. too risky but keep trying when min pips today got.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #188,555
  • Feb 2, 2010 1:43pm Feb 2, 2010 1:43pm
Quoting SkyzerFX
Right, and especially last 2 days DOW is up 100+ points each day, really

tanking
I still see the dow and S & P tanking between Asian session, and this time tomorrow.
All that is left in FF is just plain garbage. "Cloggie"
  • #188,556
  • Feb 2, 2010 1:43pm Feb 2, 2010 1:43pm
up tonight and perfect for turn back down after ISM tomorrow...
  • #188,557
  • Edited 1:57pm Feb 2, 2010 1:47pm | Edited 1:57pm
Quoting dil
Lol skyzer whats new ? still hate me ?
NO, why? Ahh that paper statement you submit? I thought you've said

all TP hit target, so I assumed, that TP was hit, but I wouldn't mine Photoshop

statement as well, nice to see at least somebody is making money.

The other guy asking why I'm bashing American finance system??

Cause there is no

system, but pyramid schema running by bunch of Wall Street crooks and

thieves, who's currently erasing our kids future, eating up/spending their money 100 years upfront.

And everyone has the right to bash those M* F-kers, cause after all they are

playing with taxpayers money, mine included.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #188,558
  • Feb 2, 2010 1:51pm Feb 2, 2010 1:51pm
Quoting SkyzerFX
NO, why? Ahh that paper statement you submit? I though you said

all TP hit target, so I assume that TP was hit, but I wouldn't mine Photoshop

statement as well, nice to see at least somebody is making money.

The other guy asking why I'm bashing American finance system??

Cause there is no

system, but pyramid schema running by bunch of Wall Street crooks and

thieves.

And everyone has the right to bash those MF-kers, cause after all they are

playing with taxpayers money mine included.
Are you from the U.S?
All that is left in FF is just plain garbage. "Cloggie"
  • #188,559
  • Feb 2, 2010 1:54pm Feb 2, 2010 1:54pm
Alright guys, taking a break. See you when Asia opens.
  • #188,560
  • Feb 2, 2010 1:56pm Feb 2, 2010 1:56pm
respect at 3942 exact gives way to 3910 plus slippage..valid without new high st..
those who can, do. those who cant, talk about those who can
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