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  • #204,201
  • Mar 1, 2010 9:31am Mar 1, 2010 9:31am
as much as I would like to long for the bounce now the huge volume on the last 15min bar made me stop doing it.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #204,202
  • Mar 1, 2010 9:32am Mar 1, 2010 9:32am
I was away and missed this great opportunity to make money in GBP and Euro...hmmm
  • #204,203
  • Mar 1, 2010 9:34am Mar 1, 2010 9:34am
Ok, cycle on EUR seems to be completed...
But, USD still having room up a bit... Good buy op at 1.3430..
Stay awat from this advice if your analysis don't match mine...
=)
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  • #204,204
  • Edited 9:47am Mar 1, 2010 9:36am | Edited 9:47am
the big question is 'will it hold on 13465 level...????? yes in the morning I said we will reach 13464 very soon time...the PA was then almost 13570...

hmmm I feel I am not bad in analyzing

now my next support line is on 13370 but this not now I think ..I would look to such levels on Asian....why ? Cuz Asian follows mainly the London and Us session in a row after such hard moves they move not to the opposit and I think they will short from a better position...That all tomorrow morning surprise when we wake up we can see the PA under 13400....hmmm Forex likes surprises...this hard move can repeat in Asian for a break of the hard 13440-60 level..I am done with some pips...best luck everybody
" Accepting losses is the most important single investment devise "
  • #204,205
  • Mar 1, 2010 9:36am Mar 1, 2010 9:36am
exactly. i know the greek mentality and even educated and westernised greek consultants i work with are very angry now against the eu measures. it will be very hard for them to accept hard changes. they believe they deserve to be helped. they believe they have done nothing wrong, nothing that other eu countries have nt done before. they believe that western banks financed and helped by western government money is now at play to ruin greece.
i don t see these reforms happening not unless they go through a painful period and risk being kicked out of the euro and losing 25 % of their wealth in a year . they are in denial now. so i forecast riots strikes and a tough time for the euro ...
Andreyou
  • #204,206
  • Mar 1, 2010 9:37am Mar 1, 2010 9:37am
EURO-DOLLAR: Skids to fresh lows around $1.3470 area, earlier reported
bids to $1.3480 now filled as are the stops below $1.3500, the pair
seeing sales on euro crosses, a trader says. Reports earlier peggred
bids from $1.3465 to $1.3450, that interest now being targeted.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #204,207
  • Mar 1, 2010 9:38am Mar 1, 2010 9:38am
Quoting gatorinla
sorry the trend is down.. not reaching 3718 shows the bull was weak.. 3643 comfirmed this. closing below 3622 also comfirmed this.. its never a straight line.. and its never a sure thing.. but im comfortable in my shorts.. 3400 st radar
nice call
  • #204,208
  • Mar 1, 2010 9:40am Mar 1, 2010 9:40am
Quoting jimmyloz
bear diamonds structure to see ... back to 1.3446 ... watching for enter long on 1.3446
its so cute friends bye
  • #204,209
  • Mar 1, 2010 9:40am Mar 1, 2010 9:40am
I'd like see us test the lows of .90 in a month or two, then bounce up a bit to 1.10 then drop and slice through .90 to .50
  • #204,210
  • Mar 1, 2010 9:40am Mar 1, 2010 9:40am
Quoting andreypu
Apparently the plan supported by the EU involves convincing the greeks to renounce their 14th salary (most greek public officials and many private companies pay two additional monthly salaries for hollidays)
Yiannis Panagopoulos, the leader of the General Confederation of Greek Labor (GSEE), described the rumored abolition of the 14th salary as “a cause for war” for workers. But as GSEE and the civil servants’ union threaten further strike action next month, European pressure on Greece is mounting.

http://www.ekathimerini.com/4dcgi/_w...03/2010_115262

So...
already some uproarious crowd is outside the finance ministry and the guy hasn't open his mouth yet lol
  • #204,211
  • Mar 1, 2010 9:41am Mar 1, 2010 9:41am
Still holding my shorts since Wenesday; we should see soon!!
  • #204,212
  • Mar 1, 2010 9:41am Mar 1, 2010 9:41am
For now yes.. I use MAs with fib numbers it has tried 3 times and failed at 1.3461


Quoting freedom48
the big question is 'will it hold on 13465 level...????? yes in the morning I said we will reach 13464 very soon time...the PA was then almost 13570...

hmmm I feel I am not bad in analyzing
  • #204,213
  • Mar 1, 2010 9:42am Mar 1, 2010 9:42am
watch for down down down
  • #204,214
  • Mar 1, 2010 9:44am Mar 1, 2010 9:44am
Could be poised for a quick long scalp here.
  • #204,215
  • Mar 1, 2010 9:47am Mar 1, 2010 9:47am
1.29 , and then finally 1.25 where decisions will be made
I'm selling around 1.3430
  • #204,216
  • Mar 1, 2010 9:49am Mar 1, 2010 9:49am
Quoting speedyscalp
Could be poised for a quick long scalp here.
I made a quick scalp from 13470 to 13480 and went out after this bounce
" Accepting losses is the most important single investment devise "
  • #204,217
  • Mar 1, 2010 9:50am Mar 1, 2010 9:50am
It could. But I would be surprised for us coming down this far without challenging the lows - not even the trendline of the lows. It's likely that we will get a test of 50...unless a news spike interferes.

Quoting freedom48
the big question is 'will it hold on 13465 level...????? yes in the morning I said we will reach 13464 very soon time...the PA was then almost 13570...

hmmm I feel I am not bad in analyzing

now my next support line is on 13370 but this not now I think ..I would look to such levels on Asian....why ? Cuz Asian follows mainly the London and Us session in a row after such hard moves they move not to the opposit and I think they will short from a better position...That all tomorrow morning surprise when we wake up we can see the PA under 13400....hmmm...
  • #204,218
  • Mar 1, 2010 9:50am Mar 1, 2010 9:50am
Quoting Scrmnegl
watch for down down down


Becareful! most traders here only look for small pieces of the market........Oscilliators have created CONTRARIAN.....

A PAUSE must Happen..........if this is w2 then oscilliators must overheat in other direction.....if w4 must return to zero line.......
  • #204,219
  • Mar 1, 2010 9:50am Mar 1, 2010 9:50am
Quoting Trading Cat
as much as I would like to long for the bounce now the huge volume on the last 15min bar made me stop doing it.

I guess that move is trailing stop from last week up move. I don't see any reason for EU to go down now. 1.36 is where central banks bid. I believe it will hold.
  • #204,220
  • Mar 1, 2010 9:50am Mar 1, 2010 9:50am
es ftse break outs

eu lower .....

why do I smell trap move in something .... just not sure what yet

been enjoying es longs today clearly pros buying all dips last three days , so i just joined in
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