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  • #217,481
  • Mar 29, 2010 7:36am Mar 29, 2010 7:36am
Quoting acumen
http://www.bloomberg.com/apps/news?p...ACQ1f9hU&pos=4

Uhhhh... just kidding.

m

Everyone's bullish on USD ? hmm time to short it...
COT: The precious data ignored
  • #217,482
  • Mar 29, 2010 7:37am Mar 29, 2010 7:37am
good resistance shown on the graphh...three rebounds on it..but under pressure so breaking it is likely..unfortunatly still stuck in that short
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 5 min.gif Size: 22 KB
  • #217,483
  • Mar 29, 2010 7:41am Mar 29, 2010 7:41am
@Skyzer

I recall people like yourself, the predictive type, shorting CROCS shares from $20...price kept on going to near $70, later crashed to now $7. Needless to say a lot of those people lost big bucks going against the trend.

Point is - one may well be right, but timing markets is a practical near impossibility, theoretically everything is simple & easy. Throw real money at it & participating in forecasting strategies becomes not so hot very soon. Markets may remain irrational longer than one may remain solvent.

Follow, don't predict.
Attached Image (click to enlarge)
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Prices oscillate, trends persist. Trend is your friend.
  • #217,484
  • Mar 29, 2010 7:41am Mar 29, 2010 7:41am
Quoting ledobedo
good resistance shown on the graphh...three rebounds on it..but under pressure so breaking it is likely..unfortunatly still stuck in that short
didn't you long
  • #217,485
  • Mar 29, 2010 7:43am Mar 29, 2010 7:43am
Quoting kuroro001
Still risky dude....no reversal in the way yet....and 1113 is a resistance ?
Cause i don't see anything there

Still waiting 1118 at least.....and why not 1126
1112.70 is the exact resistance on my h4... my technicals are a little unknown so i dont discuss about them... but thats my chart..
besides even now i am in the green..... this is a big statement but i am rather confident of seeing 1107 pretty soon.. so i am waitin for 08 to close

P.S. my outlook goes invalid if in 2:20 hours gold is above 1112.70... till then i hold my short!
  • #217,486
  • Mar 29, 2010 7:46am Mar 29, 2010 7:46am
expecting price fall to 1.3447-32>if bo ,1.3389 before bounce again to 1.3479-92.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #217,487
  • Mar 29, 2010 7:47am Mar 29, 2010 7:47am
Quoting ledobedo
good resistance shown on the graphh...three rebounds on it..but under pressure so breaking it is likely..unfortunatly still stuck in that short
well, i would think it is good to short, as in at this price.
as in it is a logical price to short.

i had 3470 and 3504 short still holding
  • #217,488
  • Mar 29, 2010 7:49am Mar 29, 2010 7:49am
Quoting $maker
1112.70 is the exact resistance on my h4... my technicals are a little unknown so i dont discuss about them... but thats my chart..
besides even now i am in the green..... this is a big statement but i am rather confident of seeing 1107 pretty soon.. so i am waitin for 08 to close

P.S. my outlook goes invalid if in 2:20 hours gold is above 1112.70... till then i hold my short!
i might look stupid now .. but it shld have fallen a while back.. .. but still holding on my charts
  • #217,489
  • Mar 29, 2010 7:52am Mar 29, 2010 7:52am
Quoting 9000rpm
didn't you long
yaa sorry long..anyway got stopped now...shorting gold now..missed my entry at 1113, but shorted anyways
  • #217,490
  • Mar 29, 2010 7:53am Mar 29, 2010 7:53am
Quoting $maker
i might look stupid now .. but it shld have fallen a while back.. .. but still holding on my charts


http://www.forexfactory.com/showpost...&postcount=212
  • #217,491
  • Mar 29, 2010 7:54am Mar 29, 2010 7:54am
No clear direction...better wait US session
COT: The precious data ignored
  • #217,492
  • Mar 29, 2010 7:56am Mar 29, 2010 7:56am
Quoting $maker
i might look stupid now .. but it shld have fallen a while back.. .. but still holding on my charts
The South Korean ship sinking did prop it up somewhat yeah, but I'd like to see 1117-1120 before my mind gets changed for me.
  • #217,493
  • Mar 29, 2010 8:02am Mar 29, 2010 8:02am
Quoting manojsai
i see strong resistance at 3433/45 and then at 3479.

I see strong support at 3375 to 3345 area..............

foresee a range bound play between this levels..........and when either of this levels are breached and consolidated..........i expect a trend.
waiting for the trend.............
Attached Image (click to enlarge)
Click to Enlarge Name: euro36.gif Size: 17 KB
  • #217,494
  • Mar 29, 2010 8:08am Mar 29, 2010 8:08am
http://www.forexfactory.com/showpost...stcount=217328



I think this may be the beginning of another rounded bottom....or not, could head down sharp, determinant of news this week. One thing is for certain, these fib levels act like magnets, then it gets dumped. What would ever make someone long here is beyond me....
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  • #217,495
  • Mar 29, 2010 8:09am Mar 29, 2010 8:09am
Was able to bag 40 pips http://www.forexfactory.com/showpost...stcount=217324
  • #217,496
  • Mar 29, 2010 8:13am Mar 29, 2010 8:13am
Quoting ferndog
Was able to bag 40 pips http://www.forexfactory.com/showpost...stcount=217324
i havent bagged anything...4 loosers today
  • #217,497
  • Mar 29, 2010 8:15am Mar 29, 2010 8:15am
if 1.34451 acts as resistance, we could see 1.33685.
  • #217,498
  • Mar 29, 2010 8:16am Mar 29, 2010 8:16am
Quoting ledobedo
i havent bagged anything...4 loosers today
In one day thats alot of trades imo. You might be forcing it. Right now this could go anywhere so i am staying out right now.
  • #217,499
  • Mar 29, 2010 8:18am Mar 29, 2010 8:18am
Nice , keep it on ts ,if break or not ok.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #217,500
  • Mar 29, 2010 8:21am Mar 29, 2010 8:21am
iam still hold my short eurusd it target is 1.3300 before taking longs.

Regards
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