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EURUSD

  • #234,761
  • May 3, 2010 5:03am May 3, 2010 5:03am
Asia down on CNY tightening, London closed, NY should bounce the euro on Greek bailout news, oil price (Brent spot) up 1.3% atm, higher in the week will weigh on the USD. Probably a good upside bet for the week on E/U.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #234,762
  • May 3, 2010 5:04am May 3, 2010 5:04am
Quoting realjumper
Yep, it's glued to S1....just have to wait
calm before the storm.
  • #234,763
  • May 3, 2010 5:06am May 3, 2010 5:06am
A look at the m15 too, just while we wait.....
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.jpg Size: 101 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #234,764
  • May 3, 2010 5:06am May 3, 2010 5:06am
Just sharing my chart.
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"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #234,765
  • May 3, 2010 5:08am May 3, 2010 5:08am
Quoting kuroro001
Hard to guess which way it'll go on H1....lower high...higher low...it's stuck right now
Well one thing is for sure, one that I am fond of saying; if it dont go higher it will go lower.

So I will flip a coin; heads higher tails lower.

Current price=1.32351--1.3236.

Hang on...let me find a coin....heads it is.

My expert analysis says to go Long.

  • #234,766
  • May 3, 2010 5:14am May 3, 2010 5:14am
Quoting AMuharram
Just sharing my chart.
ahahah love it. hopefully this marks the beginning of EURUSD heading to 1.30
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #234,767
  • May 3, 2010 5:18am May 3, 2010 5:18am
Triangle or (wedge) on play in 15m tf. Now on 4th wave, about starting 5th upside, seeing first if lower wall can take the pressure.

I would assume breakout upside, sooner or later...
They think they are smarter than I am.
  • #234,768
  • May 3, 2010 5:25am May 3, 2010 5:25am
Even the 120 billions has passed, so what, do you believe Greese will adbide to the conditions for 3 years. Do you believe that Greese will become competitive in 3 years time with the current people mentality. How about the others three country.
Face both Win and Lose bravely
  • #234,769
  • May 3, 2010 5:41am May 3, 2010 5:41am
Where I come from, when you are in serious shit with debt,peole say you are in debt like a Greece, For greeks it became a tradition and part of religion to be in debt. Euro is going down, just a question if it will make last run for 270 level befor it tumbles or will do it now.
  • #234,770
  • May 3, 2010 5:42am May 3, 2010 5:42am
Sounds good when Europe bails itself out, problem is the debt is still there, and europe still has to pay for it, they just hope Greece is the one that will do the paying (not likely).
I operate with clear definite rules, if I break them I lose BIG!
  • #234,771
  • May 3, 2010 5:43am May 3, 2010 5:43am
Good day

Been off the chart,

Is there any explanation on the drop from 350 till 200 ? Perhaps some news ?


Thanks!

r.
  • #234,772
  • May 3, 2010 5:44am May 3, 2010 5:44am
Holy cow, I been asleep 9 hours, my long is still open and +10 pips UK bank holiday. Is it a holiday in USA Europe?
Founder of Sutherland Wave Principle
  • #234,773
  • May 3, 2010 5:47am May 3, 2010 5:47am
As a newbie I am sure I should just be following the price either up or down .
In fact when I do this my trades seem to be quite profitable.

so why oh why am I stuck short , praying for the price drop J

please don’t ask me about my trading plan because its under construction.
  • #234,774
  • May 3, 2010 5:47am May 3, 2010 5:47am
greeks are rich, greece is poor. greeks could pay taxes, question is would they ? press is full of articles stating how little they pay and declare. one can take a walk in athens bars and in the marina to see thousands of yachts and hundreds of thousands of people partying. life standards is comparable to other eu countries. but they just dont pay taxes. question is will the government be able to force them to ?
Andreyou
  • #234,775
  • May 3, 2010 5:48am May 3, 2010 5:48am
Quoting realjumper
A look at the m15 too, just while we wait.....
I have the same chart...waiting for the breakout
Right now price action shows a possibility of a downside breakout but i won't bet on it...so we just have to wait
COT: The precious data ignored
  • #234,776
  • May 3, 2010 5:52am May 3, 2010 5:52am
The laundromat is closed today.
Founder of Sutherland Wave Principle
  • #234,777
  • May 3, 2010 5:54am May 3, 2010 5:54am
Quoting kuroro001
I have the same chart...waiting for the breakout
Right now price action shows a possibility of a downside breakout but i won't bet on it...so we just have to wait
Same. A fib drawn from the opening high to todays low gives us a possible upside target of 3263....if it goes that way I'll be looking for a short entry around there, or if t goes further, perhaps the DP. It really is a guessing game at them moment, and guessing costs money!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #234,778
  • May 3, 2010 6:02am May 3, 2010 6:02am
4 now LONG !


Then


A very nice ......DROPPING....... !



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  • #234,779
  • May 3, 2010 6:05am May 3, 2010 6:05am
Mabrook

Quoting RichLadyFX
Out for +100 pips.

Alhamdulillah, Thanks God.
Depict history, predict future, and the area in between ...
  • #234,780
  • May 3, 2010 6:15am May 3, 2010 6:15am
Closing my itchy fingers short for -6. PA is flat, im staying out atm.
Great Bodies are Engineered not Born
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