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  • #191,681
  • Feb 8, 2010 4:20am Feb 8, 2010 4:20am
3800 is a long way, for that it will have to break WP and DR1. ATM there isn't enough strength and no big news..

I think it might test D P before taking the next course. IMHO. But then I may be wrong. Anyways, I will stay out for a while.


Quoting smokemachine
Is there really no one who is going for 3800...???
  • #191,682
  • Feb 8, 2010 4:20am Feb 8, 2010 4:20am
Quoting smokemachine
awesome... whole two of us... ehehhe...!!!
get a room
  • #191,683
  • Feb 8, 2010 4:20am Feb 8, 2010 4:20am
Quoting AmeriTrini
remember my resistance is at 3860!
AAAWWW.... right...!!! Thank god...!!! I thought that it`s all over! Well it`s not gona be easy that`s for sure...!!! but I`m with you all the way...!!!
  • #191,684
  • Feb 8, 2010 4:21am Feb 8, 2010 4:21am
Quoting Azinvg
im on a short basis, Im going to wait one hour before ny opens to see PA. I believe it could test 1.4713 again to see a downfall to 1.4580 again, but im expecting a retracement all week. Be careful on hedging right now.
I'm with you on the retracement but as much as i'd love to see it retesting 1.4700 I can't see it going past 1.4300 before we are looking short again... hope I am wrong mind - you're adding another 300 pips to the long I took on Friday evening if you are correct.
  • #191,685
  • Feb 8, 2010 4:23am Feb 8, 2010 4:23am
Quoting Clouds
get a room
relax...! your turn will come...!!! heheeh

Double bottom on 5M
  • #191,686
  • Feb 8, 2010 4:27am Feb 8, 2010 4:27am
Quoting AmeriTrini
what?
Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #191,687
  • Feb 8, 2010 4:27am Feb 8, 2010 4:27am
I see a possible retrace to 13650 - 13667 before continuation up in the near term baby...
  • #191,688
  • Feb 8, 2010 4:52am Feb 8, 2010 4:52am
story of EUR these days:
http://www.facebook.com/video/video....60465745&saved
  • #191,689
  • Feb 8, 2010 4:54am Feb 8, 2010 4:54am
Fundamentals show Euro is doing bad (Sentix Investor Confidence dropped significantly). TA also shows Euro is still downtrend. So why you guys are long on Euro? I am trying to understand different perspectives....
  • #191,690
  • Feb 8, 2010 4:56am Feb 8, 2010 4:56am
Quoting realjumper
The bear run since december is strong, too strong for me to consider a long entry on this micky mouse retracement. The USA market may ( or may not) resume the trend, or it could consolidate around the current price all week!

Time will tell
I would say we will see dollar dropping very slowly against major until late tuesday or early wed...I' wouldn't suggest to be in long positions for too long, cuz bears can come back unexpectedly, so if you have 40+ pips on a long take it and wait for a good short positions, because it will make more pips, THAT IS OUTSIDE of any unexpected bad news for US, that no one knows if it will come... good luck to all i'm gonna speculate all Monday even if my prediction will be true.
  • #191,691
  • Feb 8, 2010 4:57am Feb 8, 2010 4:57am
http://www.forexfactory.com/attachme...1&d=1265626610
Attached Image
  • #191,692
  • Feb 8, 2010 4:58am Feb 8, 2010 4:58am
Quoting JollyBean
I see a possible retrace to 13650 - 13667 before continuation up in the near term baby...
don't bet your pips on it, buddy, too soon in the week for any major moves up or down...Pro's keep their equity for mid week trading, to set the mood til close of friday.
  • #191,693
  • Feb 8, 2010 4:59am Feb 8, 2010 4:59am
My trailing Stop was Hit at 20 pips ( Euro/Usd ) no Confirmation on Bear or Bull,so for now i am out, waiting for confirmation to enter on either sides
Trade What You See and Not What You Think
  • #191,694
  • Feb 8, 2010 4:59am Feb 8, 2010 4:59am
Quoting peyman
story of EUR these days:
http://www.facebook.com/video/video....60465745&saved
lol nice
  • #191,695
  • Feb 8, 2010 5:00am Feb 8, 2010 5:00am
Quoting PipMaxzz
Fundamentals show Euro is doing bad (Sentix Investor Confidence dropped significantly). TA also shows Euro is still downtrend. So why you guys are long on Euro? I am trying to understand different perspectives....
the euro is going down. use your own judgement. the options are sell now, sell on a possible retrace or sell when it's lower. but i'd not recommend you follow the buy crowd.
  • #191,696
  • Feb 8, 2010 5:01am Feb 8, 2010 5:01am
short term chart looking bearish, but price action is bullish. strong resistants @ 1.3690
  • #191,697
  • Feb 8, 2010 5:03am Feb 8, 2010 5:03am
Quoting TudorJonesJR
short term chart looking bearish, but price action is bullish. strong resistants @ 1.3690
I beleive it is waiting to cross the 200MA. Hope it does
  • #191,698
  • Feb 8, 2010 5:05am Feb 8, 2010 5:05am
sell position on 1.3690, two lots i guess 1.3660 is a good TP, SL 1.3719. i was going to wait for 1.3740 but it didnt come, bulls lost momentum. Good luck guys.

I think a range-retrace week, to get some air to bears.
  • #191,699
  • Feb 8, 2010 5:06am Feb 8, 2010 5:06am
Quoting kilalik
don't bet your pips on it, buddy, too soon in the week for any major moves up or down...Pro's keep their equity for mid week trading, to set the mood til close of friday.
Very good advice buddy...

Went long at 1363 though, will just let it run till 138+ if it gets there else oh well...

Trade ur charts!
  • #191,700
  • Feb 8, 2010 5:12am Feb 8, 2010 5:12am
Quoting Azinvg
sell position on 1.3690, two lots i guess 1.3660 is a good TP, SL 1.3719. i was going to wait for 1.3740 but it didnt come, bulls lost momentum. Good luck guys.

I think a range-retrace week, to get some air to bears.

I took the same trade. SL above MA200 TP 1.3627 (above H1 Fib100%)

good luck to all
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