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  • #243,181
  • May 17, 2010 1:19pm May 17, 2010 1:19pm
Quoting ido370
i was actually still waiting for "your" 1.25 / 1.26
Attachment
Yeah forget "next move possibly down to around 2225 then up to 2434". old projection still in the works. and those new astronomical high figures are a re tune of that projection. It's hard doing this on the fly. I think I need to scale up and take it easy.
Founder of Sutherland Wave Principle
  • #243,182
  • May 17, 2010 1:21pm May 17, 2010 1:21pm
Quoting The Fool
Well I got up this morning and looked at my trading platforms and....apparently, the euro still exists. How bout that?
Yeah, my dream about a huge gap down has not occurred yet.
  • #243,183
  • May 17, 2010 1:23pm May 17, 2010 1:23pm
Still holding my long position I opened at 1.2387 yesterday. TP 1.25, no SL.

I think tomorrow I'm gonna start seeing green pips. Hopefully.
  • #243,184
  • May 17, 2010 1:24pm May 17, 2010 1:24pm
EUR:trend is down ,make a higher low on H1 correction is possible up to 1.2410-1.2440
(TD+ema50 H1+ 23% fibo) if break >> next can be 1.2560 (fibo 38.2%) but I can't find
any bullish pattern by indicators like bullish divergences . so i guss there is a simple correction
and then drop again
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  • #243,185
  • May 17, 2010 1:28pm May 17, 2010 1:28pm
Before #674 After #679
  • #243,186
  • May 17, 2010 1:34pm May 17, 2010 1:34pm
Hey guys, I would say that the down move won't continue this week. Closed my shorts, thinking about entering long at the coming low.
Looks like we can go up to 1,3...
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-17_202818.jpg Size: 69 KB
  • #243,187
  • May 17, 2010 1:35pm May 17, 2010 1:35pm
Quoting The Fool
Well I got up this morning and looked at my trading platforms and....apparently, the euro still exists. How bout that?
sure does.. those damn speculators keep closing their shorts at the bottom causing a buy to pump it up so they can short it again. *L* rinse and repeat.. they may take it off the delicate cycle. they usually have delicate cycle on Mondays..
those who can, do. those who cant, talk about those who can
  • #243,188
  • May 17, 2010 1:38pm May 17, 2010 1:38pm
Quoting TheLastCoke
Before #674 After #679
nice one

im not brave enough to long this pair, only shorts.
  • #243,189
  • May 17, 2010 1:45pm May 17, 2010 1:45pm
Do you think it will go down today to 1,2225?



Quoting suthmo
Hard to say when one projection ends and another one begins. I need a research grant. I'm doing good long from 2300 as per old projection now I looking for next move possibly down to around 2225 then up to 2434.
  • #243,190
  • May 17, 2010 1:46pm May 17, 2010 1:46pm
23829 now? watching
those who can, do. those who cant, talk about those who can
  • #243,191
  • May 17, 2010 1:47pm May 17, 2010 1:47pm
Quoting ido370
you still expect trend to go up to 1.27? start to have doubts...
It's a reaction. I think trend will continue at 5pm GMT tomorrow. I'm not counting on the levels timing and direction are also a gauge to get in get out.
Founder of Sutherland Wave Principle
  • #243,192
  • May 17, 2010 1:54pm May 17, 2010 1:54pm
such a simple process that i seem so adept at fucking up
Annoying Precision
  • #243,193
  • May 17, 2010 1:57pm May 17, 2010 1:57pm
Think my system produced about 330 good pips today and +95 on my long from .2300
Founder of Sutherland Wave Principle
  • #243,194
  • May 17, 2010 1:57pm May 17, 2010 1:57pm
We're breaking TL on H1 upwards.
Waiting to see...if breaks - I'll go long on retest.
Otherwise - short.
big numbers are our friends...
  • #243,195
  • May 17, 2010 1:58pm May 17, 2010 1:58pm
Soon the market makers will realize that oil is too cheap and when the price gets back to $80, surely the eur will bounce abit don't you think? Oil is inversely correlated with the USD so isn't that sensible theory to go long on an oil contract?

Hoping for some backup before i make the trade... Please!
  • #243,196
  • May 17, 2010 2:03pm May 17, 2010 2:03pm
Your sistema is based in what?

Quoting suthmo
Think my system produced about 330 good pips today and +95 on my long from .2300
  • #243,197
  • May 17, 2010 2:04pm May 17, 2010 2:04pm
pending order short 1.2407 (ema 50 H1)
  • #243,198
  • May 17, 2010 2:05pm May 17, 2010 2:05pm
Quoting gatorinla
23829 now? watching
busted... double top 24143? 50% on chart as well as today's high
those who can, do. those who cant, talk about those who can
  • #243,199
  • May 17, 2010 2:06pm May 17, 2010 2:06pm
Quoting suthmo
Think my system produced about 330 good pips today and +95 on my long from .2300
congrats - i have never made 330pips in one day!
  • #243,200
  • Edited 2:19pm May 17, 2010 2:07pm | Edited 2:19pm
http://imarketnews.com/?q=node/13523

"In the last years since the existence of the euro we had a variety in notations, so the actual rates we see now are of no specific concerns," he explained. "The ECB has always said that we have a goal regarding price stability, which means there is no explicit goal" regarding foreign exchange rates."

...hmmm, do tell.

I recall (last year I think) one of the Brit traders posting here that 1.23 was the "fair value" (mathematically speaking) for the E/U rate.
"If The Fool persists in his Folly he will become wise." - William Blake
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