EURUSD

+100 pips in profit. It has now been added to my other long term shorts

Gator, at what price it will be start to bounce? The green color is 1.3400, after that?

It's not a guess game youre in wave 3 down anything but sell is not wise...and hold...hold...hold

I'm sure many of you know, but this is a prime example of why you wait for a confirmation close outside of any formation...

Now, this is only a 5m chart so keep that in mind but look at the fake outs.


EDIT: Now there is confirmation on this MINI pennant (chart below)------Sorry I deleted the chart with the fake outs but you can see them in this one also.

US dollar breaking up now.

addding to shorts again.

go USD dollar!!!!

EUR is in big trouble now...LOL :0

WSJ says [SPAIN] is the euro's next battleground and could determine whether the 16-nation currency stands or falls. It points to unemployment of 19%, deflating housing bubble, big debts and a gaping budget deficit, GDP contraction of 3.6% in 2009 and expected to shrink again this year. It says doubts over Greece's ability to finance its huge debts have spread to other weaker members of the euro zone, including Spain. Latest commentary adding weight to the Eur/Usd this mrng.

oh and china is having problems
(DJ) *DJ China: Export Recovery Weak, Global Demand Won't Rebound Remarkably


cat laid off

told u, 1.2 by may

i suspect it will pass it. 3403. then become s/r. there are older bumps that may pop up like 54... 83..

I have a dd need to know when is the last stop before big pop?

atm eurx is at a double bottom to the pip.. moment of truth

done.. there is another fib close.. we may to wait for weiner time for bigger move

Next bump @ 3434 ??
Then ???

S&P Says China's Developers May See Short-Term Pain In 2010

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China Overseas Land & Investment Ltd. (BBB-/Positive/--) heads the rankings
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euro just hit 1 yr low on yen

Is this FIB...holding us up?....I thought we would sail downward after piercing the 3483????

QUOTE=gatorinla;3496301]euro just hit 1 yr low on yen[/quote]

BEIJING (Dow Jones)--China may post trade deficits in the next six months, because the trend of strong import growth will continue while export recovery will be weak, commerce ministry spokesman Yao Jian said Thursday.

Speaking at a regular news conference, Yao said the yuan exchange rate isn't a key reason for trade imbalances between China and the U.S. A stable yuan, which is still one of China's key policy goals, may be a key support for global financial stability, he said.


i suspect some will pull money out of china and buy usd.

Someone keeps posting not in the right porportion....

[/quote]
maybe.. but usd strength could cancel it out on eu

what I spotted on the S&P this morning.

Just adds to my thoughts that the bears will come out in droves in the next trading session. BULL BEWARE!!!

HEAD AND SHOULDERS SET UP ON THE US INDICIES (SEE BELOW)
Chart intraday....hmmmm intresting.


http://s657.photobucket.com/albums/u...lkhorn/edr.png

it looks like Bullish DIV too on that chart gator.....