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  • #241,941
  • May 14, 2010 3:44am May 14, 2010 3:44am
Quoting gatorinla
i want to add this one to eu as a support also.. bears seem strong... but i do expect some rejection in the region 2445/58... 2445/46 will help support 2457/58 since they are so close. chf hitting least weeks high near the same time will also add eu support near here.

on the other hand if we blow through these all hell will break lose...
I've got 2483 as a speedbump as well.....I vote for the "hell" scenario.
  • #241,942
  • May 14, 2010 3:47am May 14, 2010 3:47am
http://atlasapple.files.wordpress.co...ll-vs-bear.jpg
  • #241,943
  • May 14, 2010 3:48am May 14, 2010 3:48am
double bottom didn't play out. Now, let's see if the bounce plays out.
Attached Image
  • #241,944
  • May 14, 2010 3:50am May 14, 2010 3:50am
mmm a nice 5 month bounce would be nice
I operate with clear definite rules, if I break them I lose BIG!
  • #241,945
  • May 14, 2010 3:51am May 14, 2010 3:51am


Quoting Icannaesee
mmm a nice 5 month bounce would be nice
  • #241,946
  • May 14, 2010 3:52am May 14, 2010 3:52am
Quoting Atlast
double bottom didn't play out. Now, let's see if the bounce plays out.
honestly I expect a hard bounce not all at once but by the outcome 2570-2580 hence to fontu's spotted expanding triangle, the little excursion sub 2500 doesnt make the triangle invalid, the current 1hr bar also speaks for more upside.
Anyway I was wrong more then right today.
Trade safe,
Tcat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #241,947
  • May 14, 2010 3:53am May 14, 2010 3:53am
Quoting T.E.Lawrence
http://atlasapple.files.wordpress.co...ll-vs-bear.jpg
LOL
I love that image!
My new wallpaper.
  • #241,948
  • May 14, 2010 3:53am May 14, 2010 3:53am
Quoting Jhig
I believe it. FxStreet.com and Fx360.com are too analytical sites I keep my ears and eyes on, everyday.
I was joking.
  • #241,949
  • May 14, 2010 3:57am May 14, 2010 3:57am
Weather it goes up or down ... I'm still holding. Down will produce the green profits I'm looking for today and will retire early for the week. Up will produce the high lows I've been taking advantage of on other accts while I hold my short position on my main acct.
  • #241,950
  • May 14, 2010 3:57am May 14, 2010 3:57am
Quoting Trading Cat
honestly I expect a hard bounce not all at once but by the outcome 2570-2580 hence to fontu's spotted expanding triangle, the little excursion sub 2500 doesnt make the triangle invalid, the current 1hr bar also speaks for more upside.
Anyway I was wrong more then right today.
Trade safe,
Tcat
Not trying to be an a$$ when I ask this, but I'm curious: why do (or does it often seem) that you're putting more focus on looking for signs of reversal rather than resumption of the larger timeframe trend?
  • #241,951
  • May 14, 2010 3:57am May 14, 2010 3:57am
Quoting T.E.Lawrence
I was joking.
Sarcasm goes right over my head at time .... lol
  • #241,952
  • May 14, 2010 3:57am May 14, 2010 3:57am
seems like eu will be heading down today towards the 1.2550/1.2570 region

anyone currently short...?

Mahsam
  • #241,953
  • May 14, 2010 3:58am May 14, 2010 3:58am
Quoting PriceVolume
I've got 2483 as a speedbump as well.....I vote for the "hell" scenario.
i got a little one close to you at 247995 .. but chf is the one im more concerned with.. eu will follow and then some.. chf needs a foothold above 1244 then we can attack 35 years pent up.. looks like a rocket after to 1382... but intervention is always in the background.
those who can, do. those who cant, talk about those who can
  • #241,954
  • May 14, 2010 3:59am May 14, 2010 3:59am
Quoting Atlast
double bottom didn't play out. Now, let's see if the bounce plays out.
Double bottom is holding on the monthly.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #241,955
  • May 14, 2010 3:59am May 14, 2010 3:59am
Quoting T.E.Lawrence
I was joking.
Hey T.E,,
Yeh the words "true story" gave it away...
  • #241,956
  • May 14, 2010 4:01am May 14, 2010 4:01am
so much for the bounce.
  • #241,957
  • May 14, 2010 4:02am May 14, 2010 4:02am
second try of 1.248
Andreyou
  • #241,958
  • May 14, 2010 4:03am May 14, 2010 4:03am
Quoting Trading Cat
honestly I expect a hard bounce not all at once but by the outcome 2570-2580 hence to fontu's spotted expanding triangle, the little excursion sub 2500 doesnt make the triangle invalid, the current 1hr bar also speaks for more upside.
Anyway I was wrong more then right today.
Trade safe,
Tcat
hey tcat what ur target now /... i use ur as reverence as guide hehehe ... still newbe ... sory bad engglis
  • #241,959
  • May 14, 2010 4:04am May 14, 2010 4:04am
Quoting T.E.Lawrence
We are approaching the next support line on my weekly chart @2489

Attachment
2489 has been touched, so I closed my short. Will stay aside for the time being - pretty tricky place for any kind of trades.
  • #241,960
  • May 14, 2010 4:04am May 14, 2010 4:04am
Quoting PriceVolume
Not trying to be an a$$ when I ask this, but I'm curious: why do (or does it often seem) that you're putting more focus on looking for signs of reversal rather than resumption of the larger timeframe trend?
thats ok I dont know either its just what I have been focused on today. I really didnt believe we will continue like this -> believe thats the problem.
Anyway I got more careful after I realised that I am not in sync with the €$ today, one gets those days then better use sl or just leave it for a bit no dmage done when not trading with a wrong mind set.

EURO-DOLLAR: Reported barrier at $1.2475 triggered as rate goes $1.2471
offered. Next support seen placed ahead of $1.2450 with further barrier
interest seen at this level.

Provided by: Market News International
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