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  • #204,681
  • Mar 2, 2010 5:58am Mar 2, 2010 5:58am
Quoting DMA Trader
gold looks weak ? on what time frame ? 30 seconds ?
Quite, gold doesn't look weak to me!
"I made all my money by selling too soon"
  • #204,682
  • Mar 2, 2010 5:58am Mar 2, 2010 5:58am
Quoting wannaberich
Morning all,

will short EU in the yellow area.

comments welcome.

hapipipin
Seems like a good plan man! I'll stay aside till NY though. Tell me, what are the yellow dots on your candles??
Tks!
BTW, how do you fell about De Maria's last match LOL!!!
  • #204,683
  • Mar 2, 2010 6:01am Mar 2, 2010 6:01am
candle closes.

(Di Maria scored 3 goals on the last 4-nill benfica victory. playing better everyday. 40 millions for him seems to little now... sorry for the offtopic guys.

hapipipin

Quoting maurofx
Seems like a good plan man! I'll stay aside till NY though. Tell me, what are the yellow dots on your candles??
Tks!
BTW, how do you fell about De Maria's last match LOL!!!
dreams do come true.
  • #204,684
  • Mar 2, 2010 6:02am Mar 2, 2010 6:02am
Short term uptrend in G/U and E/U.

I want to short them at higher levels and will keep it for next 1-2 months to target 1.30 in E/U and 1.40 in G/U.

Around 1800-2000 pips plan.
  • #204,685
  • Mar 2, 2010 6:13am Mar 2, 2010 6:13am
Quoting Bleek
I don't see why you guys are stressing over the next big move or change in trend when there's plenty of money to be made in smaller moves within the clear ranges at play.

I rarely try and call a top or bottom, it's easier to profit from a market that has already presented them to you.
I agree. Trend traders, swingers, hunters, etc. We are all looking for them pips. Ideally, I have one lot for the long term and two lots to scrap up all the pips lying around. So yes, maybe there will be a new leg down, but right now, it is going up, for how much longer? who knows, maybe to next resistance 1.3838 hahaha.. it has been a good week. hope you guys are having luck.
  • #204,686
  • Mar 2, 2010 6:17am Mar 2, 2010 6:17am
"Yes, but…until Greece has successfully floated its upcoming 10-year bond issue (successfully being herein defined as a premium of less than 375 basis points over equilvalent Bunds), all this is pure talk and the EUR (as well as the GBP) will walk southward shortly thereafter.
Furthermore, don’t forget: this bond issue must be followed the refinancing of all of the following:
1. 8.2 billion euros of 5-year Greek government bonds that are going to mature on April 20th;
2. 1.92 billion euros of 13-week Greek Treasury bills that are maturing on on April 23rd;
3. 8.5 billion euros of 10-year Greek government bonds on May 19th.
Finally, any poor performance in the secondary market – of any of these issues – is going to be reflected on the EUR (and probably the GBP)."
  • #204,687
  • Mar 2, 2010 6:20am Mar 2, 2010 6:20am
If you look at EUR/USD Monthly chart from year 2000 till present we are clearly in 3rd wave with 3rd being a failure swing. H&S is being formed because of the 3rd failure. Neckline runs around 1.29-1.26 (approximate), a break of that will send EUR to 2000 levels. In fact, isn't that what Eurozone wants anyway? Parity with USD.
Prices oscillate, trends persist. Trend is your friend.
  • #204,688
  • Mar 2, 2010 6:20am Mar 2, 2010 6:20am
I feel something strange today, the hammer is likely false, and the price will go south back again very soon.
  • #204,689
  • Mar 2, 2010 6:20am Mar 2, 2010 6:20am
i shorted at 1.355 since we made a new low, i think it'll continue down
  • #204,690
  • Mar 2, 2010 6:22am Mar 2, 2010 6:22am
Hey Guys!! Just follow the bouncing ball. Classic Triangle with Bearish Bias. I am long to 3640 area where I will sell. But will watch the 3600 area.

Jim
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  • #204,691
  • Mar 2, 2010 6:22am Mar 2, 2010 6:22am
I'm ready for the new attempt of going lower...each upmove is being sold... higher high and higher close but so damn ugly

Another short is waiting for me around 1.3570-80

Targeting 1.3470 (again *sigh*) then 1.3400
COT: The precious data ignored
  • #204,692
  • Mar 2, 2010 6:22am Mar 2, 2010 6:22am
i have a feeling its gona spike up then continue the down trend for some reason....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #204,693
  • Mar 2, 2010 6:23am Mar 2, 2010 6:23am
Quoting forex888
I feel something strange today, the hammer is likely false, and the price will go south back again very soon.
Exactly my thought....it looks so fake...even this upmove ain't "safe"
Anyway we'll see later!
COT: The precious data ignored
  • #204,694
  • Mar 2, 2010 6:27am Mar 2, 2010 6:27am
hmm

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  • #204,695
  • Mar 2, 2010 6:31am Mar 2, 2010 6:31am
Quoting Clouds
hmm

Attachment
looks like it broke out of that
  • #204,696
  • Mar 2, 2010 6:31am Mar 2, 2010 6:31am
Yeah, we are going to the 1.6600 area and I will wait and try to watch for retracement. Still going up guys. I am buying.
  • #204,697
  • Mar 2, 2010 6:32am Mar 2, 2010 6:32am
Quoting kuroro001
Exactly my thought....it looks so fake...even this upmove ain't "safe"
Anyway we'll see later!
other then the box it fits like a glove.. and since late last week its all fitting. 59 is close to you daily fibs now..
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those who can, do. those who cant, talk about those who can
  • #204,698
  • Mar 2, 2010 6:33am Mar 2, 2010 6:33am
Quoting tundeakins
Yeah, we are going to the 1.6600 area and I will wait and try to watch for retracement. Still going up guys. I am buying.
1.66 ?

today ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #204,699
  • Mar 2, 2010 6:34am Mar 2, 2010 6:34am
Still no one with a 5mn chart with vol please ?
COT: The precious data ignored
  • #204,700
  • Mar 2, 2010 6:34am Mar 2, 2010 6:34am
sorry Gator,

do not understand, do you mind explaining in a simpler manner?

Thank you for your patience.

Quoting gatorinla
other then the box it fits like a glove.. and since late last week its all fitting. 59 is close to you daily fibs now..
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