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  • #219,321
  • Apr 1, 2010 8:03am Apr 1, 2010 8:03am
Quoting kuroro001
You expect eurusd to reach at least 1.48 ?
So that means euro is a safe currency ?

I learned the hard way not to attach too much importance to news and fundys..


March rallied to close above 1.35


A weekly close above 1.3625-1.366 and bears will only be picking up pips on retraces


.
Some drink at the fountain of knowledge. Others just gargle !
  • #219,322
  • Apr 1, 2010 8:03am Apr 1, 2010 8:03am
Quote
It's only academic for me now as my targets are much higher


Stay close to your screen, small failure/retrace will be around 1.3625 before it heads to 1.38, 1.43, 1.48 (with retraces)

It is next to impossible to guess the future. Remember we all collectively make a market and our everyday actions will determine the long term scenario.

Euro going to 1.27 or to 1.48- It will cross major supports and resistance every day to travel to those points, so it is feasible to trade daily.
  • #219,323
  • Apr 1, 2010 8:04am Apr 1, 2010 8:04am
ruffly 1.3516 is where key resistance is by observing the price action. if it's going to go higher it will have to get over that level.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #219,324
  • Apr 1, 2010 8:04am Apr 1, 2010 8:04am
Quoting kuroro001
Looks like shorts are fucked for today
unfortunately thats what it seems untill news comes out in a bit .. i have no positions atm so im fine you?
  • #219,325
  • Apr 1, 2010 8:05am Apr 1, 2010 8:05am
Quoting kingfisher
It is next to impossible to guess the future. Remember we all collectively make a market and our everyday actions will determine the long term scenario.

Euro going to 1.27 or to 1.48- It will cross major supports and resistance every day to travel to those points, so it is feasible to trade daily.
Yea we sure make the market alright.. did you forget that 5% of transactions determine FX moves?
  • #219,326
  • Apr 1, 2010 8:07am Apr 1, 2010 8:07am
Quoting DavidValera
unfortunately thats what it seems untill news comes out in a bit .. i have no positions atm so im fine you?
Close mine for 10 pips....no more positions right now either
I'll wait next hour to make a decision
COT: The precious data ignored
  • #219,327
  • Apr 1, 2010 8:08am Apr 1, 2010 8:08am
question: is this the last trading day of the week?? with all of the bank holiday's tomorrow, will forex be trading, or will it just be computer trading??
  • #219,328
  • Apr 1, 2010 8:08am Apr 1, 2010 8:08am
Quoting kingfisher
Euro going to 1.27 or to 1.48- It will cross major supports and resistance every day to travel to those points, so it is feasible to trade daily.
I have to disagree with that. EUR going no where 1.34-1.36 tight range

or you can go wider 1.32-1.38.. Just pick the spots
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #219,329
  • Apr 1, 2010 8:10am Apr 1, 2010 8:10am
Quoting IMARICH1
Here is what I was referring to Gator.....
we made new high after post.. before getting there.. so its invalid
those who can, do. those who cant, talk about those who can
  • #219,330
  • Apr 1, 2010 8:12am Apr 1, 2010 8:12am
Quoting kuroro001
Close mine for 10 pips....no more positions right now either
I'll wait next hour to make a decision
keep me informed im gonna go get some breakfast until news
  • #219,331
  • Apr 1, 2010 8:13am Apr 1, 2010 8:13am
Quoting mtrmth
question: Is this the last trading day of the week?? With all of the bank holiday's tomorrow, will forex be trading, or will it just be computer trading??
tommorow will be thin very good posts prior on this

sorry about caps
  • #219,332
  • Apr 1, 2010 8:13am Apr 1, 2010 8:13am
Rocketting oil for the long weekend and upcoming summer weather. Those bastards
  • #219,333
  • Apr 1, 2010 8:15am Apr 1, 2010 8:15am
Quoting DavidValera
[list=1][*]New traders – stay away: Trading during this volatile period is very risky. Take a break and enjoy the weekend.[*]Action before the release: Strange moves begin in the markets well before the release at 13:30 GMT. This usually reflects the expectations – expectations which aren’t necessarily met, and they can lead to a counter reaction afterwards. Jittery trading intensifies with the release of the Canadian employment figures, an hour and a half before the American ones.[*]Friday effect: Strong moves in a certain...

Beautiful!

Nice article - thank you for that


Everything is fine here - I am more than content with the day.


bibib
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #219,334
  • Apr 1, 2010 8:15am Apr 1, 2010 8:15am
it's still struggling to go higher than each previous spike up (15mn)...
Only WS & the news will show us the right way....even though my biais for such PA is short
COT: The precious data ignored
  • #219,335
  • Apr 1, 2010 8:16am Apr 1, 2010 8:16am
Quoting kingfisher
It is next to impossible to guess the future. Remember we all collectively make a market and our everyday actions will determine the long term scenario.

Euro going to 1.27 or to 1.48- It will cross major supports and resistance every day to travel to those points, so it is feasible to trade daily.

If it hits 1.38 and comes back to 1.3660 before heading towards 1.40 bias remains the same


If it goes back to 1.3250 i stay close to my screen with only a weekly close below creating doubt..at the moment even a weekly close below 1.335 would surprise..its all about the close, not the noise in between


For now March somehow had to close above 1.35
Some drink at the fountain of knowledge. Others just gargle !
  • #219,336
  • Apr 1, 2010 8:17am Apr 1, 2010 8:17am
Quoting vinesh2
Rocketting oil for the long weekend and upcoming summer weather. Those bastards
"Are trying to tell Noeh what a storm is?"

Spanish said

JgrB
  • #219,337
  • Apr 1, 2010 8:17am Apr 1, 2010 8:17am
LET'S all get on the long train
Its all in the mind.
  • #219,338
  • Apr 1, 2010 8:18am Apr 1, 2010 8:18am
scalping short again as HS tiny + gold expect gold some down .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #219,339
  • Apr 1, 2010 8:19am Apr 1, 2010 8:19am
Quoting TheLastCoke
Here you go, make sure you are really hungry because it is a big one. #439
awesome will print this and hang it next to my monitor, as I am one of those idiots who is long €chf too. So in other words another 100 pips and buy again yea cool
Trade on your own risk Plan your trade&trade your plan dont be a
  • #219,340
  • Apr 1, 2010 8:20am Apr 1, 2010 8:20am
ok, got it. kinda like a typical holiday trading day. light volumes, strange moves. gotts have nerves of steel to get in!!

best bet, get your trades done today and enjoy the sun.
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