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  • #211,741
  • Mar 16, 2010 11:26am Mar 16, 2010 11:26am
Quoting special0nefx
Yes, scare can make 200pips move up or down...just scary like NFP
which makes these days shitty trading days.

m
  • #211,742
  • Mar 16, 2010 11:28am Mar 16, 2010 11:28am
Quoting d-Squared
Seconded!
  • #211,743
  • Mar 16, 2010 11:29am Mar 16, 2010 11:29am
Quoting simao
yeah hoping that Mate, waiting for big target at 3500, it's so great if we can see this after FOMC, will be amazing, pray mate pray
hope so too..
I'm learning to trust my own charts..
  • #211,744
  • Mar 16, 2010 11:30am Mar 16, 2010 11:30am
Quoting acumen
which makes these days shitty trading days.

m
hahahah...anyway trade patience sometimes working ..patience my friend
  • #211,745
  • Mar 16, 2010 11:37am Mar 16, 2010 11:37am
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  • #211,746
  • Mar 16, 2010 11:38am Mar 16, 2010 11:38am
As expected 211291 critical spot now. We need to have a daily close above 1.375
  • #211,747
  • Mar 16, 2010 11:40am Mar 16, 2010 11:40am
Have a look at the chart- This is a range trading going on before it continues its downward journey.

Any euro long is a counter trend trade.
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  • #211,748
  • Mar 16, 2010 11:42am Mar 16, 2010 11:42am
Dont be trapped in Global Bullish 'Euro Trap'.

E/U is trading above daily R 1 before FOMC. Guess where it will go after FOMC?

After R 1, there are no/less buyers.

Big guys building their fresh shorts at higher levels.
  • #211,749
  • Mar 16, 2010 11:43am Mar 16, 2010 11:43am
Quoting kingfisher
Have a look at the chart- This is a range trading going on before it continues its downward journey.

Any euro long is a counter trend trade.
hope u'r right..
I'm learning to trust my own charts..
  • #211,750
  • Mar 16, 2010 11:45am Mar 16, 2010 11:45am
it was a nice day for eu
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  • #211,751
  • Mar 16, 2010 11:47am Mar 16, 2010 11:47am
Quoting Anis
hope u'r right..
We need to see will the gold come down to drag it down also.
  • #211,752
  • Mar 16, 2010 11:47am Mar 16, 2010 11:47am
The price is once again above bearish trendline.

If breaking up 1.38 is probably looking up 1.4175-1.42

http://img12.imageshack.us/img12/7043/dibujodrx.png
  • #211,753
  • Mar 16, 2010 11:53am Mar 16, 2010 11:53am
Quoting Rubén
The price is once again above bearish trendline.

If breaking up 1.38 is probably looking up 1.4175-1.42

http://img12.imageshack.us/img12/7043/dibujodrx.png
need to see how daily close
  • #211,754
  • Mar 16, 2010 12:00pm Mar 16, 2010 12:00pm
Quoting special0nefx
We need to see will the gold come down to drag it down also.
yea..we'll see..btw, think the bulls had enuff already..let them catch their breath and pass the batons to the bears..
I'm learning to trust my own charts..
  • #211,755
  • Mar 16, 2010 12:03pm Mar 16, 2010 12:03pm
Hi Ruben, this is Casitas, I know you from another forum, x-----. So you have changed of forum.

Me parecía raro que no hubieses escrito nada en los últimos días.

Saludos, máquina.

Casitas
  • #211,756
  • Mar 16, 2010 12:05pm Mar 16, 2010 12:05pm
Intense Global Trading

Traders in New York City are anxious before FOMC.
  • #211,757
  • Mar 16, 2010 12:08pm Mar 16, 2010 12:08pm
Quoting kingfisher
Dont be trapped in Global Bullish 'Euro Trap'.

E/U is trading above daily R 1 before FOMC. Guess where it will go after FOMC?

After R 1, there are no/less buyers.

Big guys building their fresh shorts at higher levels.

good observation.
However it was above at london close (1,377). Now , is upticking the daily
resistence (1,3756).
In your thinking, could be trying to go up? or no?
  • #211,758
  • Mar 16, 2010 12:11pm Mar 16, 2010 12:11pm
Hello casitas. My english is very bad. Two weeks ago I met this forum and I like it.

Sigo escribiendo en x-trader.

Saludos.
  • #211,759
  • Mar 16, 2010 12:11pm Mar 16, 2010 12:11pm
Quoting acumen
which makes these days shitty trading days.

m
thx for the youtube link mate
I am implementing more and more pivot trading techniques and guess what its working. Keep up the good work and vids.
Green pips to you!
T.Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #211,760
  • Mar 16, 2010 12:18pm Mar 16, 2010 12:18pm
Quote
good observation.
However it was above at london close (1,377). Now , is upticking the daily
resistence (1,3756).
In your thinking, could be trying to go up? or no?
I am euro bearish and dollar bullish- euro economy problems and us economy strengths.

Remember the yearly change in trend on dec 3/4 after NFP data was based on the premise that US economy is improving.

The euro crisis is fuel in the fire.

However in a day trading set up, technicals works better. So, After FOMC, we have to see where E/U will go- Above R 1 or below R 1

But generally above R 1 the buyers are in short supply. So after FOMC, we can go down.
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