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  • #237,561
  • May 6, 2010 7:07am May 6, 2010 7:07am
eu businesses very happy with eu dropping... finally some competitiveness restored... lower the better... no way they are able to push reforms in france or greece on public officials... just lower the euro... and the trick will do it... will gain some breathing spacefor the eu economy... swiss are desperate because their main trading partner is the eur... they will everything they can to stop the franc from appreciating
Andreyou
  • #237,562
  • May 6, 2010 7:11am May 6, 2010 7:11am
Is this a valid breakthrough S1, with pullback on the 5min bar? can we short now and set stop at 12750?
  • #237,563
  • May 6, 2010 7:11am May 6, 2010 7:11am
Quoting deeZG
Do you use MT4 trading platform? If yes, I can send you a script that you can use on your charts to draw pivot points.

Considering time, I use 00:00 - 24:00 GMT and it works ok to me.

Here is a site. Gives 4 versions of pivots for fx.

http://www.actionforex.com/markets/p...2010040955112/
I have no enemy; I make Incautiousness my Enemy.
  • #237,564
  • May 6, 2010 7:12am May 6, 2010 7:12am
Still very appropriate given my comments 2 days ago that euro will see 1.28 and lower:

Inserted Video
  • #237,565
  • May 6, 2010 7:14am May 6, 2010 7:14am
@gator: "with their great grand kids life's" : That's also my opinion.
It's one of the first things you learn at markets: Never ever scale in in a falling market. (or learn what's the difference between ranging and falling market).

Guess what ? I think there sitting some "wise guys" studied economics, are 45 years old and think they are more clever than the market.

@andreypu: "...lower the euro... and the trick will do it... will gain some breathing spacefor the eu economy..." <-> "...swiss..main trading partner is the eur... they will everything they can to stop the franc from appreciating...""

See the problem, andre ?

Eu and swiss fighting each other and a clever mind Fonds manager/ big player know what to do...

Jack
  • #237,566
  • May 6, 2010 7:15am May 6, 2010 7:15am
Quoting gatorinla
5...
  • #237,567
  • May 6, 2010 7:15am May 6, 2010 7:15am
Quoting hyperion1980
Is this a valid breakthrough S1, with pullback on the 5min bar? can we short now and set stop at 12750?
Don't get me wrong, but that's not a question you want to ask anyone. And, even if you do, the answer you get is not the one you would/should listen to.

Do you trade on a demo or real account?
big numbers are our friends...
  • #237,568
  • May 6, 2010 7:17am May 6, 2010 7:17am
Quoting hyperion1980
Is this a valid breakthrough S1,
with lots of people posting all kinds of pivots that are all over the place... no way to know what YOU mean by S1...

MY s1 is 2745 and yeah... it's pretty well well busted. knockin on M1 as I type (2711)

I don't think I have ever posted a pivot here w/o also including the price value and I have posted many many hundreds of pivot posts. Same with fibs. too much variation with how people do stuff so w/o the value, the post usually makes no sense...
FUBAR...
  • #237,569
  • May 6, 2010 7:18am May 6, 2010 7:18am
Quoting deeZG
Don't get me wrong, but that's not a question you want to ask anyone. And, even if you do, the answer you get is not the one you would/should listen to.

Do you trade on a demo or real account?
real account, but mini lots

and My S1 is 2739
  • #237,570
  • May 6, 2010 7:19am May 6, 2010 7:19am
Quoting Michael112
wait till people find out even the mighty Germany has no major city thats not broke.. Oh and lets not forget about France rating being looked at... oops i shouldn't say that.
those who can, do. those who cant, talk about those who can
  • #237,571
  • May 6, 2010 7:19am May 6, 2010 7:19am
Quoting ak4x
with lots of people posting all kinds of pivots that are all over the place... no way to know what YOU mean by S1...

MY s1 is 2745 and yeah... it's pretty well well busted.
Mine is @1.2735
big numbers are our friends...
  • #237,572
  • May 6, 2010 7:20am May 6, 2010 7:20am
Quoting ak4x
with lots of people posting all kinds of pivots that are all over the place... no way to know what YOU mean by S1...

MY s1 is 2745 and yeah... it's pretty well well busted. knockin on M1 as I type (2711)
damn i got 1.2
those who can, do. those who cant, talk about those who can
  • #237,573
  • May 6, 2010 7:20am May 6, 2010 7:20am
Skyzer, when is USD going to 74 please?
Prices oscillate, trends persist. Trend is your friend.
  • #237,574
  • May 6, 2010 7:21am May 6, 2010 7:21am
Quoting gatorinla
wait till people find out even the mighty Germany has no major city thats not broke.. Oh and lets not forget about France rating being looked at... oops i shouldn't say that.
Don't be naive...Everything can collapse but not Germany.
big numbers are our friends...
  • #237,575
  • May 6, 2010 7:22am May 6, 2010 7:22am
Quoting gatorinla
damn i got 1.2
no bounce here= 200 pip + down
those who can, do. those who cant, talk about those who can
  • #237,576
  • May 6, 2010 7:23am May 6, 2010 7:23am
Quoting deeZG
Don't be naive...Everything can collapse but not Germany.
ok
those who can, do. those who cant, talk about those who can
  • #237,577
  • May 6, 2010 7:23am May 6, 2010 7:23am
We're meeting long term uptrend line (MN chart) in 1.2700 area.
big numbers are our friends...
  • #237,578
  • May 6, 2010 7:24am May 6, 2010 7:24am
Quoting gatorinla
their grand kids will be holding a bag of euros..
Yeap, and yours would be holding a bag of worthless Dollars,

if you don't have Gold/Silver by now. Keep acting patriot, Bernanke

with printing press will get you eventually. Watch Greece now closer,

cause it's coming in town near you. High Taxes, No Job and Inflation.

Those 3 guys will knock your door.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #237,579
  • May 6, 2010 7:24am May 6, 2010 7:24am
Quoting gatorinla
ok
didn't mean to be rude... that's a saying in my country...

hope you didn't get me wrong
big numbers are our friends...
  • #237,580
  • May 6, 2010 7:25am May 6, 2010 7:25am
Quoting jsspmk
UK elections on 6th May. GBP is likely to be quite volatile before we get to know outcome, especially as it is being held on the verge of a cliff. Monthly chart points to re-test of 1.34.
Monthly looks sooo uncool for Gbp, big drop coming IMO.

12% defecit of Gdp expected this year, more than the one in Greece
Prices oscillate, trends persist. Trend is your friend.
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