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  • #191,481
  • Feb 7, 2010 7:55pm Feb 7, 2010 7:55pm
Quoting randy1953
Just curious why fxstreet change a moment ago from slightly bearish to strongly bearish?
http://www.fxstreet.com/technical/cu...spx?id=eur/usd
Now its says slightly bullish...lol
  • #191,482
  • Feb 7, 2010 7:56pm Feb 7, 2010 7:56pm

Quoting nms4716
Now its says slightly bullish...lol
One good turn gets most of the blankets.
  • #191,483
  • Feb 7, 2010 7:59pm Feb 7, 2010 7:59pm
Quoting randy1953
strange enough...
  • #191,484
  • Feb 7, 2010 7:59pm Feb 7, 2010 7:59pm
great at trading?

Nope.

Inserted Video
  • #191,485
  • Feb 7, 2010 8:00pm Feb 7, 2010 8:00pm
Quoting randy1953
Just curious why fxstreet change a moment ago from slightly bearish to strongly bearish?
http://www.fxstreet.com/technical/cu...spx?id=eur/usd
It's BS
Are they using based on 1 Minute?
http://www.forexpros.com/currencies/...l?period=86400
  • #191,486
  • Feb 7, 2010 8:01pm Feb 7, 2010 8:01pm
Quoting sierra
thanks bro.. better for me to visit the website... at least validate my counting.. thanks again!
you welcome this is the link for anyone to see the waves for free
http://www.elliottwave.com/freeupdat...ere-s-How.aspx
  • #191,487
  • Feb 7, 2010 8:03pm Feb 7, 2010 8:03pm

Quoting Clouds
It's BS
Are they using based on 1 Minute?
http://www.forexpros.com/currencies/...l?period=86400
One good turn gets most of the blankets.
  • #191,488
  • Feb 7, 2010 8:06pm Feb 7, 2010 8:06pm
This has always been my least favorite session normally nothing happens and just when you think that boom..However we may have to wait for London open to get a clearer picture of the market..
Randy
One good turn gets most of the blankets.
  • #191,489
  • Feb 7, 2010 8:11pm Feb 7, 2010 8:11pm
Quoting acumen
great at trading?

Nope.

http://www.youtube.com/watch?v=mS7yZxnZH9Q
Mike- Great video thank you for the valuable trading info, specifically risk management!!!!
  • #191,490
  • Feb 7, 2010 8:16pm Feb 7, 2010 8:16pm
Close my short position at 1.3627. Honestly I think it can go down a lot more but I'm satisfied with what I got for now. Will look at the chart again when London open. See you guys later.
  • #191,491
  • Edited 9:54pm Feb 7, 2010 8:17pm | Edited 9:54pm
it's moving now... now watch whether friday's low can be taken... if taken, wait for a pullback and add another short post... but 3742 is still level that i need to watch closely... next will be 4025 level.
Be a sniper not a jumper
  • #191,492
  • Feb 7, 2010 8:20pm Feb 7, 2010 8:20pm
Quoting sierra
it's moving now... now watch whether friday's low can be taken... if taken, wait for a pullback and add another short post... but 3724 is still level that i need to watch closely... next will be 4025 level.
not sure we go up again. 1.25 important level, so is 1.0 and .80, then after .80 it's free fall!
  • #191,493
  • Feb 7, 2010 8:24pm Feb 7, 2010 8:24pm
Quoting Clouds
not sure we go up again. 1.25 important level, so is 1.0 and .80, then after .80 it's free fall!
that level is just my reference if bearish sentiment is still alive or temporary change or the big trend is going to reverse... i can't say much but potentially the friday's low will be retested today.. just my opinion... nothing much.

Do you mean 1.2500 level? that is the monthly down target.. at least from what i see...
Be a sniper not a jumper
  • #191,494
  • Feb 7, 2010 8:26pm Feb 7, 2010 8:26pm
Quoting sierra
that level is just my reference if bearish sentiment is still alive or temporary change or the big trend is going to reverse... i can't say much but potentially the friday's low will be retested today.. just my opinion... nothing much.

Do you mean 1.2500 level? that is the monthly down target.. at least from what i see...
yea 1.25 my monthly target as well. That level could be for a bounce.
  • #191,495
  • Feb 7, 2010 8:29pm Feb 7, 2010 8:29pm
What levels?



Quoting Clouds
not sure we go up again. 1.25 important level, so is 1.0 and .80, then after .80 it's free fall!
One good turn gets most of the blankets.
  • #191,496
  • Feb 7, 2010 8:29pm Feb 7, 2010 8:29pm
game over...congrats gator
hang on to your bread......unless you want toast
  • #191,497
  • Feb 7, 2010 8:32pm Feb 7, 2010 8:32pm
Quoting randy1953
What levels?
Pre-2001 levels.
  • #191,498
  • Feb 7, 2010 8:33pm Feb 7, 2010 8:33pm
Quoting Gld
game over...congrats gator
Seriously, how can Manning throw that pick? He telegraphed that throw so bad...
  • #191,499
  • Feb 7, 2010 8:34pm Feb 7, 2010 8:34pm
IMHO We are near the bottom (for now); one or two more attempts to lower TL (equidistant channel) are possible as done it in the last consolidation period (look at white circle). All this process including the retest and consolidation period had last for 26 days in the last two occasions (see chart). I am counting last Friday as day 1, in this case by the beginning of March we may see another big drop (around 600 pips) from the bottom of the consolidation zone (.3580/.3550) to somewhere around 1.3000/1.2950.

Obviously you don’t have to agree but comments are welcome. (Long term technical traders preferred LOL)
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  • #191,500
  • Feb 7, 2010 8:35pm Feb 7, 2010 8:35pm
Quoting Clouds
yea 1.25 my monthly target as well. That level could be for a bounce.
from my view, minimally 2329 area might be retested again whether bounce or broken..it can be a double bottom there and way up north again... anyway it's still long way to go from here... r u using monthly target as well? man.. it takes a lot of courage and good MM to do that..
Be a sniper not a jumper
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