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EURUSD

  • #243,101
  • May 17, 2010 10:09am May 17, 2010 10:09am
Quoting Trading Cat
yes I believe the next stop is very possible 2326 needs to be taken out for a nice further push down. Looks like they still want to make us wait a little longer, but eventually we will get there.
First the current 4H candle that close in 54 minutes must close below 1.2366...

Let's see.
Getting it right is NOT as important as not getting it wrong.
  • #243,102
  • May 17, 2010 10:09am May 17, 2010 10:09am
Next stop 1.243x level...Baby

Sonic
  • #243,103
  • May 17, 2010 10:09am May 17, 2010 10:09am
EURO-DOLLAR: As noted earlier, $1.2320 area provided the springboard for
the euro rally to $1.2400 area but air has since let out of the pair,
euro easing to $1.2330 for current trade. One trader suggesting stops
may be a risk below $1.2320.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #243,104
  • May 17, 2010 10:09am May 17, 2010 10:09am
Quoting suthmo
I did it just stopped out a BE but If my forecast plays out we get support at 2355 - 2300 and go back up, I'll reload.
I think i would wait for this H4 candlestick to close above 2367 & use 2233 as support before considering buying.
Attached Image (click to enlarge)
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  • #243,105
  • May 17, 2010 10:11am May 17, 2010 10:11am
tp removed of the shorts as I see h1 & lower tf join all bear rally & so wait , new tp set 1.2278 to see it works or to shade some pips .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #243,106
  • May 17, 2010 10:15am May 17, 2010 10:15am
Quoting Mr J
Ha, that would be an awesome call.



Big call.

I'm too green to know whether to expect a curveball. Nothing would surprise me though.
Next leg up is overdue now, sometimes it goes out of sync then snaps back to the projection. But I would play it safe now and say it's unlikely.
Founder of Sutherland Wave Principle
  • #243,107
  • May 17, 2010 10:19am May 17, 2010 10:19am
Flush time, let's go market...
Getting it right is NOT as important as not getting it wrong.
  • #243,108
  • May 17, 2010 10:20am May 17, 2010 10:20am
closed my short

crying
  • #243,109
  • May 17, 2010 10:21am May 17, 2010 10:21am
Quoting fxswing
Flush time, let's go market...
Got to love those opportunities to reload shorts....
  • #243,110
  • May 17, 2010 10:22am May 17, 2010 10:22am
this wont go striaght down i think we have resi at 1.2300 we will bounce around
Former Trader Of the Year of the 95% losing club! Retired
  • #243,111
  • May 17, 2010 10:23am May 17, 2010 10:23am
Quoting TheLastCoke
T1 met.

Hey coke !

if u consider it as a butterfly or a crab

0.00 % = 2234

100 % = 2371

127.2 % = 2408

161.8 % = 2455


what will u say in that case...!?


  • #243,112
  • May 17, 2010 10:23am May 17, 2010 10:23am
  • #243,113
  • May 17, 2010 10:24am May 17, 2010 10:24am
looks like we are going back up
Former Trader Of the Year of the 95% losing club! Retired
  • #243,114
  • May 17, 2010 10:25am May 17, 2010 10:25am
close my short have to catch a flight... suppose if it breaks 1.23 it will touch the low of 1.223..
Andreyou
  • #243,115
  • May 17, 2010 10:29am May 17, 2010 10:29am
Quoting Cotton-I-Jo
Hey coke !

if u consider it as a butterfly or a crab

0.00 % = 2234

100 % = 2371

127.2 % = 2408

161.8 % = 2455


what will u say in that case...!?


T2 met #673
  • #243,116
  • May 17, 2010 10:29am May 17, 2010 10:29am
Quoting Rgali1
this wont go striaght down i think we have resi at 1.2300 we will bounce around
1.2311 is a support from European open range, now they'll try to get the 1.2333 / 1.2366 before the 4H candle close in 30 minutes...
If they can push and close past 1.2366, then a reversal could be possible for tomorrow and should have the shorts on alert.
Closing below 1.2366 should have the euro make a new low later today or tomorrow.

It's how I see it.
Getting it right is NOT as important as not getting it wrong.
  • #243,117
  • May 17, 2010 10:29am May 17, 2010 10:29am
Closed my short for +75 pips, thinking about long at 1.2300 sl 15 pips...
  • #243,118
  • May 17, 2010 10:30am May 17, 2010 10:30am
We also have res around 1.2280 i am not buying into this....i have a gut feeling they they arent going to bring this down perhaps we range for a while
Former Trader Of the Year of the 95% losing club! Retired
  • #243,119
  • May 17, 2010 10:30am May 17, 2010 10:30am
Quoting fxswing
1.2311 is a support from European open range, now they'll try to get the 1.2333 / 1.2366 before the 4H candle close in 30 minutes...
that would be a pain in the a$$ really would like to see her now sub 2300
Trade on your own risk Plan your trade&trade your plan dont be a
  • #243,120
  • May 17, 2010 10:31am May 17, 2010 10:31am
Quoting erap
http://www.youtube.com/watch?v=Yt-IBJpEMzA
I'm impressed someone posted the proper version .
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