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  • #202,161
  • Feb 24, 2010 7:23pm Feb 24, 2010 7:23pm
Gator,

Even though i was hoping for a retrace tonight since i got stopped out early and then lost twice today trying to go SHORT....crazy day.....

What is holding this EU up now that it broke major support at 3494? It can't be my S1 at 3485....Is this just a pause?

CHF is at a major R level....maybe that's it?
  • #202,162
  • Feb 24, 2010 7:28pm Feb 24, 2010 7:28pm
Good night friends..
Let us be green
  • #202,163
  • Feb 24, 2010 7:29pm Feb 24, 2010 7:29pm
interesting action in ASIA here

could be a big thursday for some of the indicies.

EUR now out to sea with its head under water waving its hands.....i feel a trouble brewing.

watch out longs.
  • #202,164
  • Feb 24, 2010 7:29pm Feb 24, 2010 7:29pm
Quoting IMARICH1
Gator,

Even though i was hoping for a retrace tonight since i got stopped out early and then lost twice today trying to go SHORT....crazy day.....

What is holding this EU up now that it broke major support at 3494? It can't be my S1 at 3485....Is this just a pause?

CHF is at a major R level....maybe that's it?

lovely...

the number is 1,3285
Let us be green
  • #202,165
  • Feb 24, 2010 7:30pm Feb 24, 2010 7:30pm
Quoting IMARICH1
Gator,

Even though i was hoping for a retrace tonight since i got stopped out early and then lost twice today trying to go SHORT....crazy day.....

What is holding this EU up now that it broke major support at 3494? It can't be my S1 at 3485....Is this just a pause?

CHF is at a major R level....maybe that's it?
dont you remember that number from the past? 3483
those who can, do. those who cant, talk about those who can
  • #202,166
  • Feb 24, 2010 7:33pm Feb 24, 2010 7:33pm
Quoting gatorinla
i had a good nap. it felt like i slept the whole night. i get here look at the clock and damn.. then look at the chart and damn!! sos..... more politicians trying to convince the world all is ok.. i even saw one post about the piigs better off having their own currency. damn who would of thought that. just wait till the germans figure out the road goes both ways. wait till they figure out that bb will not make loans in the middle of the night to central banks so in turn they loan to europes banks. and foreign arms of goldmen cant keep loaning to...

welcome back
  • #202,167
  • Feb 24, 2010 7:34pm Feb 24, 2010 7:34pm
Quoting enterfx
Talk about the sun. It's shining. The lower yellow trendline is broken. phew... Trend can continue down.
Yep, actually added to my short position once I posted my chart, everything looks good for now, especially since breaking 3500, would be great to get a close on a H4 below it, then possibly take out previous low from earlier in the month. Time will tell, I may move my SL to BE soon to protect myself.
This is what awesome feels like
  • #202,168
  • Feb 24, 2010 7:34pm Feb 24, 2010 7:34pm
Thanks you are right!!!!

I am trading at home tonight and that one was marked on my work computer!

If she breaks thru.....3444? Or 3404........hmmm....
  • #202,169
  • Feb 24, 2010 7:41pm Feb 24, 2010 7:41pm
Quoting jesterx
interesting action in ASIA here

could be a big thursday for some of the indicies.

EUR now out to sea with its head under water waving its hands.....i feel a trouble brewing.

watch out longs.
Take a look at US equity futures, can't post a chart now but its time to see more down side, tomorrow could be a downer for equities = (typically) E/U losses. Of course I've been saying down day for US equities for a while now, I guess you could call me a bear, w/ bullish $$ tendencies.
This is what awesome feels like
  • #202,170
  • Feb 24, 2010 7:45pm Feb 24, 2010 7:45pm
ahhh, nice to come back and see the euro bull dead in the middle of the street like road kill. I think it got hit by a Cadillac.
  • #202,171
  • Feb 24, 2010 7:46pm Feb 24, 2010 7:46pm
Quoting BudFox
Take a look at US equity futures, can't post a chart now but its time to see more down side, tomorrow could be a downer for equities = (typically) E/U losses. Of course I've been saying down day for US equities for a while now, I guess you could call me a bear, w/ bullish $$ tendencies.
Budfox, you are a very smart man.

The trend is your friend....thats right!!!!

totally with you on that my good man!!!
  • #202,172
  • Feb 24, 2010 7:46pm Feb 24, 2010 7:46pm
this could be the move past 3475 for good... then will be gold dropping below 1050.
  • #202,173
  • Feb 24, 2010 7:47pm Feb 24, 2010 7:47pm
Quoting BudFox
Yep, actually added to my short position once I posted my chart, everything looks good for now, especially since breaking 3500, would be great to get a close on a H4 below it, then possibly take out previous low from earlier in the month. Time will tell, I may move my SL to BE soon to protect myself.

Same here. I'm cautious too because its a risky zone. This is the 3rd or 4th attempt to break through this area. 3480/90 is hard.
  • #202,174
  • Feb 24, 2010 7:49pm Feb 24, 2010 7:49pm
Quoting 2+2=4ex
this could be the move past 3475 for good... then will be gold dropping below 1050.
If gold goes below 1040 you'll see the sea level rise as the Indian govt crys about it's 200 tons of gold............
Doing what you like is Freedom. Liking what you do is Happiness.
  • #202,175
  • Feb 24, 2010 7:51pm Feb 24, 2010 7:51pm
Quoting realjumper
If gold goes below 1040 you'll see the sea level rise as the Indian govt crys about it's 200 tons of gold............


you are considering selling the fat of the IMF?
Let us be green
  • #202,176
  • Feb 24, 2010 7:51pm Feb 24, 2010 7:51pm
If market sentiment gets us down to 1.3450 before the news comes out, bad news for the EUR is going to send this plummeting down.
  • #202,177
  • Feb 24, 2010 7:53pm Feb 24, 2010 7:53pm
Quoting leafarct
you are considering selling the fat of the IMF?
I'm considering investing in stocks of handkerchiefs!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #202,178
  • Feb 24, 2010 7:54pm Feb 24, 2010 7:54pm
Quoting realjumper
I'm considering investing in stocks of handkerchiefs!!

Let us be green
  • #202,179
  • Feb 24, 2010 7:59pm Feb 24, 2010 7:59pm
where are the trend reversers now eh ???

EDIT: It still needs to break 3475 though
  • #202,180
  • Feb 24, 2010 7:59pm Feb 24, 2010 7:59pm
Quoting IMARICH1
Thanks you are right!!!!

I am trading at home tonight and that one was marked on my work computer!

If she breaks thru.....3444? Or 3404........hmmm....
maybe 3454 is poping up... and a mid 3509 and target 3310 target. lets see if we can make new bottom first. im lost on smaller targets because we have been here a while.. i gotta re-calibrate.
those who can, do. those who cant, talk about those who can
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