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EURUSD

  • #239,441
  • May 10, 2010 3:51am May 10, 2010 3:51am
[Dow Jones] EUR/USD prints the day's high of 1.3067. A UK bank trader says long-term shorts which looked very safe on Friday are being stopped out above 1.3050. He sees upside risk toward 1.32-1.33 as short-covering gathers pace.
  • #239,442
  • May 10, 2010 3:52am May 10, 2010 3:52am
In h1 as in rally up yet come down to 200ma , taking profit & re-enter as pending at the top , still 2 hrs play there .rest short to tp at 1.3002 -1.2988 , if so then h1 bull will lost for now .
Hope gain double my loss in this morning soon . 1.3117 is one last # as per ew , may or may be correct though but # is there .

fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #239,443
  • May 10, 2010 3:53am May 10, 2010 3:53am
Quoting jest1081
scaling out!
thaaank you godfather! *kisses ring*
some profits ... hmmm


An Offer that your ass cant refuse

  • #239,444
  • May 10, 2010 3:54am May 10, 2010 3:54am
Lots of room to move higher. Hedge Funds will cover their shorts and this will take the price higher.
Our outlook on GBP also showing systemetic move.
$GBPUSD Outlook For May 9 -14 http://bit.ly/97YeHr
{Promotion Removed}
  • #239,445
  • May 10, 2010 3:56am May 10, 2010 3:56am
[quote=JackintheBox;3711638]@atlast: What you tellin' makes sense... could you use it in advantage for you ?

yes, always wait for the market to signal it's intention before putting big money on the line. Send in your soldiers to defend a support line, not your best troops, and stay out of the zone where you see a skirmish until you know who the likely winners are. AS you saw the pound, the euro falling last week, they were falling right into a time zone technically and fundamentally. Fundamentally, it was decision time for UK. Don't forget UK is world's leading financial centre. Last week (and this week as it happens) was major fundamental time for UK with the elections. Whoever disregarded UK elections in the forex market, and stock market, are completely naive to the workings of the financial centre. You wll often hear me talking about London boys. That's for a reason.
  • #239,446
  • May 10, 2010 3:57am May 10, 2010 3:57am
Hello EURUSD traders,

I took my TP on EURUSD bar based on inside bar tehnique this was predictible

This is charts >




Cheers and happy piping i hope you also took this pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: insidebar.gif Size: 17 KB
Click to Enlarge Name: eurusdafter.gif Size: 18 KB
"Buy on fear, sell on greed !!!
  • #239,447
  • May 10, 2010 3:57am May 10, 2010 3:57am
Quoting atif
Lots of room to move higher. Hedge Funds will cover their shorts and this will take the price higher.
Our outlook on GBP also showing systemetic move.
$GBPUSD Outlook For May 9 -14 http://bit.ly/97YeHr
Hedge funds, are called hedge funds for a reason. They have hedged, instead of covering. The other speculators are covering.
  • #239,448
  • May 10, 2010 3:58am May 10, 2010 3:58am
Quoting Petar_Serbia
Hello EURUSD traders,

I took my TP on EURUSD bar based on inside bar tehnique this was predictible

This is charts >




Cheers and happy piping i hope you also took this pips
I know a trader when I see one.
P.S> took a scalp short off the high bar and out at 1.3039 for morning profit.
  • #239,449
  • May 10, 2010 4:02am May 10, 2010 4:02am
Quoting AMuharram
The corleone foundation
+10

Fantastic!
  • #239,450
  • May 10, 2010 4:03am May 10, 2010 4:03am
no wonder that very few people makes it in this business.... speculations,games, intervention... all these big words... the truth is i have buy order weeks ago at 1.25 area. just concentrating on supply and demand.. please switch to the monthly chart and you will see it.whoever not getting it, sorry to say it but should not touch this market..period..it may sounds harsh but over my trading years i have seen too many people lost everything.
  • #239,451
  • May 10, 2010 4:04am May 10, 2010 4:04am
it seems all european central banks are buying bonds no shorts for me till further notice
  • #239,452
  • May 10, 2010 4:07am May 10, 2010 4:07am
Quoting steven
no wonder that very few people makes it in this business.... speculations,games, intervention... all these big words... the truth is i have buy order weeks ago at 1.25 area. just concentrating on supply and demand.. please switch to the monthly chart and you will see it.whoever not getting it, sorry to say it but should not touch this market..period..it may sounds harsh but over my trading years i have seen too many people lost everything.
foot prints were given in the news. the pressure trichet had was real. its was pretty straightforward, so i merely anticipated.

took my first shot at 2780 but got forced out meddled again at 2600ish....and continued building from there
i was merely waiting for the mafia to come...thank god samurais got the ball rolling.
  • #239,453
  • May 10, 2010 4:10am May 10, 2010 4:10am
Quoting steven
no wonder that very few people makes it in this business.... speculations,games, intervention... all these big words... the truth is i have buy order weeks ago at 1.25 area. just concentrating on supply and demand.. please switch to the monthly chart and you will see it.whoever not getting it, sorry to say it but should not touch this market..period..it may sounds harsh but over my trading years i have seen too many people lost everything.
wise works. many will do well to listen.
  • #239,454
  • May 10, 2010 4:13am May 10, 2010 4:13am
Evening Shooting Star at this area of bull in h1 ? funny perhaps . anyway shorts there to cover some pips ,1 more hr of bullish candle expected before a good fall.so profit will take at those same levels at or below 1.30 ( 1.2993 now ) if works.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #239,455
  • May 10, 2010 4:15am May 10, 2010 4:15am
Quoting Freddyfx
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.
and keep buying those mexican pesos.
  • #239,456
  • May 10, 2010 4:16am May 10, 2010 4:16am
Quoting jest1081
foot prints were given in the news. the pressure trichet had was real. its was pretty straightforward, so i merely anticipated.

took my first shot at 2780 but got forced out meddled again at 2600ish....and continued building from there
i was merely waiting for the mafia to come...thank god samurais got the ball rolling.
good job.. and I am glad that there are people making money off of this times... well, the whole game is about transfering accounts from beginners to someone who can interpet the price
  • #239,457
  • May 10, 2010 4:17am May 10, 2010 4:17am
Quoting steven
no wonder that very few people makes it in this business.... speculations,games, intervention... all these big words... the truth is i have buy order weeks ago at 1.25 area. just concentrating on supply and demand.. please switch to the monthly chart and you will see it.whoever not getting it, sorry to say it but should not touch this market..period..it may sounds harsh but over my trading years i have seen too many people lost everything.

I like what you say,,,

Sonic
  • #239,458
  • May 10, 2010 4:19am May 10, 2010 4:19am
Ok so 33 would have worked fine for a 14 pip trade. I didnt obey my signature.

Well thats ok have now placed the #239430 trade into my platform and will go jogging. We approaching lunch time so not expecting any big up move so retrace can take place without me and system will get me in and out while running.
No news till 13.00 will be abck on station before.
Laters
TCat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #239,459
  • May 10, 2010 4:19am May 10, 2010 4:19am
Quoting Petar_Serbia
Hello EURUSD traders,

I took my TP on EURUSD bar based on inside bar tehnique this was predictible

This is charts >




Cheers and happy piping i hope you also took this pips
Any chance of sharing your indicator?
  • #239,460
  • May 10, 2010 4:20am May 10, 2010 4:20am
Quoting Atlast
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.
Bank of Finland confirms European central bank buying of EMU government bonds.
Market talks of SNB (EDIT: swiss names, may not be SNB) selling EUR/GBP.
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