Attachments: EURUSD

EURUSD

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#216,001
Mar 24, 2010 10:53pm Mar 24, 2010 10:53pm

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,127 Posts

Quoting enterfx

Disliked

Gator, do you have anything on the 3240/60 area? several people mention that as a possible trouble / correction area, including me. Would be a sin to close my trades there just to watch it shoot down to 1.30 ;0)

Ignored

i got the #2 st bear with a 3250 + slip target... usdx above 81.71 is nothing for eu bulls to bs about. above 81.71 on usdx wont get eu to 3400... still waiting for (baby bear) 3319.5.... time will tell.. up moves should be weighted.. the tight range pattern is a indication. im selling on the way up or down..

st bull targets still valid until new low is made.. a contradiction i know. so wait for new low for bears or trade with trend. trend trumps..

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those who can, do. those who cant, talk about those who can

#216,002
Mar 24, 2010 10:56pm Mar 24, 2010 10:56pm

Passholder
| Joined Oct 2006 | Status: Trader | 294 Posts

Quick mark up of a short term chart with some levels. If the 1.3337 level were to get sold off here it could make a nice head and shoulder with the 1.3347 level. I know these are small numbers but in the consolidation period it retains the bearish pattern.

I wouldnt mind seeing the .xx37 reaction before I have to head to bed.

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+ Charts Happen

#216,003
Mar 24, 2010 11:01pm Mar 24, 2010 11:01pm

Passholder
| Joined Oct 2006 | Status: Trader | 294 Posts

I dont know how you guys read those black backround charts, They do a job on my eyes.

+ Charts Happen

#216,004
Mar 24, 2010 11:06pm Mar 24, 2010 11:06pm

enterfx
| Joined Nov 2009 | Status: The Trend is Your Friend | 1,123 Posts

Quoting gatorinla

Disliked

i got the #2 st bear with a 3250 + slip target... usdx above 81.71 is nothing for eu bulls to bs about. above 81.71 on usdx wont get eu to 3400... still waiting for (baby bear) 3319.5.... time will tell.. up moves should be weighted.. the tight range pattern is a indication. im selling on the way up or down..

Ignored

Thanks. Looking again , 3250 may not be that significant level at all. The two previous big drops, dropped respectively 900 and 700 pips before a decent (over 150 pips), correction, so that may happen here as well.

#216,005
Edited 11:24pm Mar 24, 2010 11:07pm | Edited 11:24pm

Cod
| Joined Feb 2010 | Status: Trader | 356 Posts

I am thinking that last h1 candle pretty much blows out the idea of a retrace.

I am adding some more wood to the fire now.

Yesterday the selling got started at 5 gmt.

#216,006
Mar 24, 2010 11:30pm Mar 24, 2010 11:30pm

acumen
Joined Mar 2007 | Status: Trader | 3,709 Posts

Inserted Video

#216,007
Mar 24, 2010 11:39pm Mar 24, 2010 11:39pm

2+2=4ex
Joined Mar 2009 | Status: Trader | 6,418 Posts

damn them round bottoms and trains, ha. Nice job.

#216,008
Mar 24, 2010 11:43pm Mar 24, 2010 11:43pm

uraceulose
Joined Nov 2009 | Status: Thx G, Malc, D55, Fontu & Hatch | 3,196 Posts

Mike,

Thank you so much for the video as usual. That was one loud ass train man! and I almost spit my drink out on the utah and rounding bottom comment lol.

Donnie

#216,009
Mar 24, 2010 11:45pm Mar 24, 2010 11:45pm