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  • #195,181
  • Feb 12, 2010 11:03am Feb 12, 2010 11:03am
It's in a ranging market after the long.
It wont break 3637.Could be another short scalp.
  • #195,182
  • Feb 12, 2010 11:06am Feb 12, 2010 11:06am
Quoting smurf
It's in a ranging market after the long.
It wont break 3637.Could be another short scalp.
i'm gonna be scalping 5-9 pips
  • #195,183
  • Feb 12, 2010 11:09am Feb 12, 2010 11:09am
Quoting Petar_Serbia
Gator for me short is over Took buy at 1.3620 Sl 1.3520 going for minimum 100 pips but if was at home on Monday i will waiting to close according my strategy that easy can be 200-300 pips ...3trying to broke 161.8 my profit line on daily and nothing,good pins and we will see...

This isnt my strategy on picture but just confirm my long position


Cheers and trade safe
all i got is this so far..
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 18 KB
those who can, do. those who cant, talk about those who can
  • #195,184
  • Edited 11:13am Feb 12, 2010 11:10am | Edited 11:13am
I think the EUR/USD closes this high so in the weekend people can decide to sell.
It happened 1 week ago also.
I am short from 1.36640 and from 1.36200.
Well gl i am off.
Have a nice weekend.
  • #195,185
  • Feb 12, 2010 11:13am Feb 12, 2010 11:13am
Quoting gatorinla
all i got is this so far..
Ok my friend but i think for long term expect bullish week,after 4 pins on Daily charts on 161.8 and very strong sup line, USD will loose strenght next week...



Cheers
"Buy on fear, sell on greed !!!
  • #195,186
  • Feb 12, 2010 11:14am Feb 12, 2010 11:14am
Good weekend dudes
They think they are smarter than I am.
  • #195,187
  • Feb 12, 2010 11:16am Feb 12, 2010 11:16am
Quoting Petar_Serbia
Ok my friend but i think for long term expect bullish week,after 4 pins on Daily charts on 161.8 and very strong sup line, USD will loose strenght next week...



Cheers
hmmm ill take a peek.. i dont see it on the surface. but there is a lot of cb intervention going on..we will be able to hit 50/53 in the next hour or less.. ill see if it hits 3661... i suspect it will be s/r if 3653 dont hold
those who can, do. those who cant, talk about those who can
  • #195,188
  • Feb 12, 2010 11:19am Feb 12, 2010 11:19am
Quoting Petar_Serbia
Ok my friend but i think for long term expect bullish week,after 4 pins on Daily charts on 161.8 and very strong sup line, USD will loose strenght next week...



Cheers

Long term I'm still bearish - but the weekly tells a similar tale to what you have above.
  • #195,189
  • Feb 12, 2010 11:23am Feb 12, 2010 11:23am
Quoting Petar_Serbia
Gator for me short is over Took buy at 1.3620 Sl 1.3520 going for minimum 100 pips but if was at home on Monday i will waiting to close according my strategy that easy can be 200-300 pips ...3trying to broke 161.8 my profit line on daily and nothing,good pins and we will see...

This isnt my strategy on picture but just confirm my long position


Cheers and trade safe
I'm thinking I agree with this. I don't see a buy on the 8 hour till .3705 or greater.

The only other option is for this pair to trade itself into a tighter wedge, which will kill the volatility for the short term.

Given the holiday on Monday, it may stay contained within the wedge.

I wouldn't doubt to see a little rallying going on on the Dow next week which should break the wedge to the topside.
Capital Preservation is key to long term wealth accumulation
  • #195,190
  • Feb 12, 2010 11:26am Feb 12, 2010 11:26am
hi guys,
here some more bloomberg vids on the greece topic from today.

Inserted Video

Inserted Video

Inserted Video


have a nice weekend, cya
  • #195,191
  • Feb 12, 2010 11:26am Feb 12, 2010 11:26am
Approaching 1.3652 & I placed pending short there above 1.3642 , though it can go 1.37 yet before that it should develope a set up at this level again, will get enough pips by this time it back again from lower levels or fail.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #195,192
  • Feb 12, 2010 11:26am Feb 12, 2010 11:26am
I should have mentioned that the wedge is on the Daily, not 8HR.

The 8HR. is still showing a nice channel.

But it will have to give to the wedge eventually.
Capital Preservation is key to long term wealth accumulation
  • #195,193
  • Feb 12, 2010 11:27am Feb 12, 2010 11:27am
Quoting PriceVolume
Long term I'm still bearish - but the weekly tells a similar tale to what you have above.
I again must repeat

"Trend" you see on your chart is past and that isnt matter for future.And again when i undestud that thing i was become very profitable trader i also sugest that to you my friend.Learn to trade what you see not wich is "Trend" bla bla , learn to catch price when become as you love to say Trend,just my advice...



Cheers and this is closer look >
Attached Image (click to enlarge)
Click to Enlarge Name: closerlook.gif Size: 21 KB
"Buy on fear, sell on greed !!!
  • #195,194
  • Feb 12, 2010 11:29am Feb 12, 2010 11:29am
I short E/U from 1.3640 with TP 1.3590 / 1.3570.
  • #195,195
  • Feb 12, 2010 11:31am Feb 12, 2010 11:31am
Quoting gatorinla
all i got is this so far..
Thanks gator , i see 1.3650 level in your chart for the possible bull failure .Anyway price already start showing weakness in lower tf and if fail to bounce from 24 area then will further fall to 1.3596/86/65 for next try to 1.3650 level.watching 1.3624 level for failure & some shorts to follow then.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #195,196
  • Feb 12, 2010 11:33am Feb 12, 2010 11:33am
Quoting Fibo_trader
I short E/U from 1.3640 with TP 1.3590 / 1.3570.
lol,

My friend advice for you,dont trade scalp 3 h before Forex close that is a very risky trade but wish you luck
"Buy on fear, sell on greed !!!
  • #195,197
  • Feb 12, 2010 11:34am Feb 12, 2010 11:34am
Quoting Petar_Serbia
I again must repeat

"Trend" you see on your chart is past and that isnt matter for future.And again when i undestud that thing i was become very profitable trader i also sugest that to you my friend.Learn to trade what you see not wich is "Trend" bla bla , learn to catch price when become as you love to say Trend,just my advice...



Cheers and this is closer look >
i cant long until 61 is gone.. and even then i would have to measure. i need analysis to say its gonna move a few hundred pips before i counter trend. if not im out sitting on hands. maybe a scalp or 2..
those who can, do. those who cant, talk about those who can
  • #195,198
  • Feb 12, 2010 11:34am Feb 12, 2010 11:34am
Quoting Petar_Serbia
I again must repeat

"Trend" you see on your chart is past and that isnt matter for future.And again when i undestud that thing i was become very profitable trader i also sugest that to you my friend.Learn to trade what you see not wich is "Trend" bla bla , learn to catch price when become as you love to say Trend,just my advice...

Cheers and this is closer look >
You must be putting a little faith in trend.

You clearly have a trend line on the chart you posted.
Capital Preservation is key to long term wealth accumulation
  • #195,199
  • Feb 12, 2010 11:41am Feb 12, 2010 11:41am
looks like the third failure at 1.363/1.364
Andreyou
  • #195,200
  • Feb 12, 2010 11:47am Feb 12, 2010 11:47am
Quoting Petar_Serbia
I again must repeat

"Trend" you see on your chart is past and that isnt matter for future.And again when i undestud that thing i was become very profitable trader i also sugest that to you my friend.Learn to trade what you see not wich is "Trend" bla bla , learn to catch price when become as you love to say Trend,just my advice...



Cheers and this is closer look >
Really think 1.35 is bottom and we're heading higher ?
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