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EURUSD

  • #239,401
  • May 10, 2010 3:05am May 10, 2010 3:05am
my a** is getting shoved again....
godfather ohh dear godfather

Quote
Why buy if you can short every 50 pips on way up?http://cdn.forexfactory.com/images/s...m/thinking.gif

impressive! my skews cant handle that!
  • #239,402
  • May 10, 2010 3:07am May 10, 2010 3:07am
Quoting Trading Cat
you need a lot of equity to do this.... or you trade micro. I wouldnt do that with 100k or even 50k. I doubt that we gona see their entry again for some time 3000 should provide some bounce and entry at psych number could provide some pips. € is on steroids right now shame I closed my longs from 2955 and 2983. On my chart next stop will be 3090 and 3115, should we go there without a retrace I wont participate.
But what about gap?
  • #239,403
  • May 10, 2010 3:08am May 10, 2010 3:08am
Quoting SilverShark
But what about gap?
thats a breakaway. it proly fill when 3500 is raeched?
just messing. lol
  • #239,404
  • May 10, 2010 3:10am May 10, 2010 3:10am
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  • #239,405
  • May 10, 2010 3:11am May 10, 2010 3:11am
Quoting JackintheBox
I earned my money today...BUT please stop trying to short or to go countertrend long or short.

As long as European States buying this crap nothing will happen to go further south.
This market is insane right now.
I could imagine that stopping that buying begins at 1.33 to burn all shorties last week.
If so, fear of massive shorting is abandoned...at least some weeks.

But I have to admit: I am impressed, that these humpty bumpy EU-Ministers managed pushing Euro over 1.30 .
True. While EU has this opportunity, they have to push it. My own sentiment has not changed yet, cant figure out about markets, need them to digest about this but good idea not to short against market sentiment
They think they are smarter than I am.
  • #239,406
  • May 10, 2010 3:11am May 10, 2010 3:11am
ECB says no comment on trader rumour that they have already started buying government bonds.
Talk of Asian sovereign buying of G/U.
Dollar looks to take a hammering today.
  • #239,407
  • May 10, 2010 3:12am May 10, 2010 3:12am
Quoting JackintheBox
I earned my money today...BUT please stop trying to short or to go countertrend long or short.

As long as European States buying this crap nothing will happen to go further south.
This market is insane right now.
I could imagine that stopping that buying begins at 1.33 to burn all shorties last week.
If so, fear of massive shorting is abandoned...at least some weeks.

But I have to admit: I am impressed, that these humpty bumpy EU-Ministers managed pushing Euro over 1.30 .
but in the end they managed to get it weaker, Euro long term path is down.

they haven't spelt out how they will raise this money from countries.

selling gold from imf, good one, future is in Asia, they are buying the gold and at the same time, they are destroying the European currencies and u.s
  • #239,408
  • May 10, 2010 3:13am May 10, 2010 3:13am
Euro's halfway to the top right now....possibly a slight 50-70 pip retrace then it'll continue upward more than likely. My 4hr move is maxed out, zooming out to the Daily's to continue this ride...If Eur closes the Daily bar in a positive note, I hope ya'll jump in because we'll see another 250 pip move or more....
In Charts We Trust!
  • #239,409
  • May 10, 2010 3:13am May 10, 2010 3:13am
Quoting SilverShark
But what about gap?
f#*ck the gap that can be done on Friday
Trade on your own risk Plan your trade&trade your plan dont be a
  • #239,410
  • May 10, 2010 3:14am May 10, 2010 3:14am
Folks, what I don't get:

Why the hell the EU waited intervening till 1.25 last week ?? Do they also speculating ??
I mean where's gonna end that game if states start to speculate ?

Some comments where strange last week: Trichet behaves like a beaten dog with no teeth in his mouth.

And over weekend in few hours they decided to "stabilize" everything.
Euro up 250 pips.
What ? Do they want to fool the markets ?

Yesterday I laughed at it (EU-Minister want to stabilize) today I'm
.
But one's for sure. I don't like that gambling.

Jack
  • #239,411
  • May 10, 2010 3:15am May 10, 2010 3:15am
Spain Stock Market + 11.5%
Portugal Stock Market + 8%
Italy Stock Market + 7%
Ireland Stock Market +6.5%


  • #239,412
  • May 10, 2010 3:15am May 10, 2010 3:15am
Quoting Trading Cat
1
If you just kept following their calls you'd be in very good profits, since couple of weeks ago, from the posts I've seen. I've been watching their calls. You say you haven't been trading it, have you been using it otherwise to confirm entries?
  • #239,413
  • May 10, 2010 3:15am May 10, 2010 3:15am
We are at the latest resistance level R3 + fib 61.8% retracement level. If this breaks through there is nothing to hold the EUR/USD on the upside. I'll wait till pullback to get in (I hope there will be a pullback)
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  • #239,414
  • May 10, 2010 3:16am May 10, 2010 3:16am
Up 296 pips and rising on EURUSD....halfway there.....

EURUSD just broke my 50 SMA on the H4....its just begun..
In Charts We Trust!
  • #239,415
  • May 10, 2010 3:16am May 10, 2010 3:16am
This is a mutated USD 2008 Aug. Looks like it!
  • #239,416
  • May 10, 2010 3:17am May 10, 2010 3:17am
Good Idea..you can still catch the bulk of whats left...

Quoting hyperion1980
We are at the latest resistance level R3 + fib 61.8% retracement level. If this breaks through there is nothing to hold the EUR/USD on the upside. I'll wait till pullback to get in (I hope there will be a pullback)
In Charts We Trust!
  • #239,417
  • May 10, 2010 3:17am May 10, 2010 3:17am
Next government on the edge of bankruptcy, the USA.

Go EU, go !!

1.3700 already at the horizon, tnx to the traders that kept the drinks cool.

ALL about fundamentals these past 2 wks.
  • #239,418
  • May 10, 2010 3:18am May 10, 2010 3:18am
Quoting Trading Cat
f#*ck the gap that can be done on Friday
Oh...ok, you want to take profit on both side
  • #239,419
  • May 10, 2010 3:18am May 10, 2010 3:18am
Quoting Atlast
If you just kept following their calls you'd be in very good profits, since couple of weeks ago, from the posts I've seen. I've been watching their calls. You say you haven't been trading it, have you been using it otherwise to confirm entries?
yes also I use them for the main direction as sometimes their entries are a little of but the direction is mostly correct.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #239,420
  • May 10, 2010 3:18am May 10, 2010 3:18am
benssol stock Market


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