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  • #204,061
  • Mar 1, 2010 4:17am Mar 1, 2010 4:17am
Good resistance at 1.366 area
Also EUX *113.7 trying to get out of the range.
Key levels.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #204,062
  • Mar 1, 2010 4:18am Mar 1, 2010 4:18am
Quoting Forexress
Good News !

It's all poop in da pipes. For a brick o' hash & a trip to Ibiza you can get the Eurostat drones to spit out whatever numbers you like.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #204,063
  • Mar 1, 2010 4:19am Mar 1, 2010 4:19am
ok , i see the double doji on the weekly chart , i see the double bottom at 1.3460 but i am still bearish !!!
thats my reasons , for me doji needs a confirmation to be a reversal sign i always wait for next candle to confirm the direction , still bulls won't step up in the last 2 weeks so i am still with the overall trend which i only see south on .

double bottoms are great reversal signs but still i can see triple tops or even more at 1.3660 with 2 false breaks up to 1.3680 and then down again , meaning bulls still won't step up .

i am holding shorts from 1.3600 and all the way up to 1.3660 and in my chart i see its going down at least till 1.3550 which i see is needed to gain more momentum to break 1.3660 . would have posted a chart but already explained my reasons so check your charts
  • #204,064
  • Mar 1, 2010 4:19am Mar 1, 2010 4:19am
Quoting The Fool
It's all poop in da pipes. For a brick o' hash & a trip to Ibiza you can get the Eurostat drones to spit out whatever numbers you like.


  • #204,065
  • Mar 1, 2010 4:21am Mar 1, 2010 4:21am
Quoting The Fool
It's all poop in da pipes. For a brick o' hash & a trip to Ibiza you can get the Eurostat drones to spit out whatever numbers you like.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #204,066
  • Mar 1, 2010 4:21am Mar 1, 2010 4:21am
good news + bad reaction = very bad (sometimes)
  • #204,067
  • Mar 1, 2010 4:22am Mar 1, 2010 4:22am
Quoting $maker
holding short at 1.3602.. and getting burnt so far!!
hoping for a bad eu unemp news!
my luck.. closed one short with a 46 pip loss... after the news.. gladly one is still open.. hopefully it goes down 50 morepips so i can close at BE:@
  • #204,068
  • Mar 1, 2010 4:23am Mar 1, 2010 4:23am
cool. I got a laff or two. Now I can go to bed. I will want to be up to scalp after the US ISM data - that should be good for some pa.

Trade safe noobs.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #204,069
  • Edited 5:01am Mar 1, 2010 4:32am | Edited 5:01am
hey guys i hope all had a great weekend....back to the grind


I took shorts early this morning in gu at 5150, eu at 1.3639 and held au shorts over the weekend. Right now its not looking too good for the pound, im targeting 1.50 with the small short. Speculators coming in now this could get nasty. With regards to eu, it kept boucing off my pivot a few times so i decided to get short looking for 3527-17. If that breaks, lower levels indicated on chart.
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  • #204,070
  • Mar 1, 2010 5:04am Mar 1, 2010 5:04am
well, what's going atm?
  • #204,071
  • Mar 1, 2010 5:08am Mar 1, 2010 5:08am
out of gu. atm. waiting for bounce. i will re-enterwith 4722 target..
those who can, do. those who cant, talk about those who can
  • #204,072
  • Mar 1, 2010 5:18am Mar 1, 2010 5:18am
Quoting gatorinla
out of gu. atm. waiting for bounce. i will re-enterwith 4722 target..
resistance at 1.3590 is getting stronger the longer we're loitering around here... i am unsure of where this is going to take us right now.
  • #204,073
  • Mar 1, 2010 5:21am Mar 1, 2010 5:21am
Quoting $maker
my luck.. closed one short with a 46 pip loss... after the news.. gladly one is still open.. hopefully it goes down 50 morepips so i can close at BE:@
what is BE dude?
EUR/USD
  • #204,074
  • Mar 1, 2010 5:24am Mar 1, 2010 5:24am
Quoting Noordin
what is BE dude?
break even
All that is left in FF is just plain garbage. "Cloggie"
  • #204,075
  • Mar 1, 2010 5:25am Mar 1, 2010 5:25am
Quoting jimmyloz
bear diamonds structure to see ... back to 1.3446 ... watching for enter long on 1.3446
S1 1.3517 first target
  • #204,076
  • Edited 5:48am Mar 1, 2010 5:35am | Edited 5:48am
Quoting Mr Hatch
resistance at 1.3590 is getting stronger the longer we're loitering around here... i am unsure of where this is going to take us right now.
3643 worked well fo me..its a nice bear number.. that held us down sunday mostly. we closed friday below 3622 also..3643 points to 1.2373 plus a little slip. its a wide range and we have been above 3622 lately but it will get stronger. i would love to sell at 3718 but chances are getting slimmer. 3559 will give a clue on 1.2373
those who can, do. those who cant, talk about those who can
  • #204,077
  • Mar 1, 2010 5:35am Mar 1, 2010 5:35am
going to enter [email protected] with a sell limt @1.3655.How is it?
  • #204,078
  • Mar 1, 2010 5:38am Mar 1, 2010 5:38am
Quoting Forexress
Went Long @ 1.3592

Hope To See Atleast 1.3662 This Afternoon.

Good Luck All.

Good Day All.... A black Monday I see here just came on board..

Dear forexress...ı hope you have good reasons to go long here.. I myself analyze that we can break down after this strong GU fall a EU fall is knocking the door..
Good luck friends
" Accepting losses is the most important single investment devise "
  • #204,079
  • Mar 1, 2010 5:39am Mar 1, 2010 5:39am
Smb just killed me ON GU AND EURUSD
  • #204,080
  • Mar 1, 2010 5:39am Mar 1, 2010 5:39am
Quoting T@MeR
ok , i see the double doji on the weekly chart , i see the double bottom at 1.3460 but i am still bearish !!!
thats my reasons , for me doji needs a confirmation to be a reversal sign i always wait for next candle to confirm the direction , still bulls won't step up in the last 2 weeks so i am still with the overall trend which i only see south on .

double bottoms are great reversal signs but still i can see triple tops or even more at 1.3660 with 2 false breaks up to 1.3680 and then down again , meaning bulls still won't step up .

i am holding...
got my first target and locked some profits , letting others run , next target is 1.3460 good luck for all
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