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EURUSD

  • #243,381
  • May 17, 2010 10:34pm May 17, 2010 10:34pm
damn ist going higher and its strong then i thought
Former Trader Of the Year of the 95% losing club! Retired
  • #243,382
  • May 17, 2010 10:36pm May 17, 2010 10:36pm
Quoting 2+2=4ex
It's going to do the usual try and trick everyone into thinking it's going one way then wham!
Effing false break outs and bear traps...

unless...this is another trap...and it's still going south!
  • #243,383
  • May 17, 2010 10:39pm May 17, 2010 10:39pm
based on PA i can tell you this a fairly strong movnt. not sure if its a fake out though
Former Trader Of the Year of the 95% losing club! Retired
  • #243,384
  • May 17, 2010 10:40pm May 17, 2010 10:40pm
Good morning.
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  • #243,385
  • May 17, 2010 10:44pm May 17, 2010 10:44pm
Demand for Dollars Exceeds Estimate With China Among Big Buyers
  • #243,386
  • May 17, 2010 10:44pm May 17, 2010 10:44pm
Hi,

2360 acting as a tough resistance area

Mahsam
  • #243,387
  • May 17, 2010 10:44pm May 17, 2010 10:44pm
Quoting Atlast
Good morning.
Good evening.....nice to see one of your lovely pitchforks. Thank you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #243,388
  • May 17, 2010 10:45pm May 17, 2010 10:45pm
Took a small long.

Closed for +7. Not sure where it's going.
  • #243,389
  • May 17, 2010 10:45pm May 17, 2010 10:45pm
Quoting Tsudo
Effing false break outs and bear traps...

unless...this is another trap...and it's still going south!
The LTL has fended off another wave of attack.

I have just taken a very small long @ 2358. Looking at 2400 or 2448. My SL is below D.Pivot
  • #243,390
  • May 17, 2010 10:45pm May 17, 2010 10:45pm
Looks like it is going to shake out some 2400-2410 shorts, b4 kicking the bear back in actions.

Well i hope that happens.
  • #243,391
  • May 17, 2010 10:46pm May 17, 2010 10:46pm
Anyone thinking price will go 1.25xx before falling again ?
  • #243,392
  • May 17, 2010 10:48pm May 17, 2010 10:48pm
Quoting perrier
The LTL has fended off another wave of attack.

I have just taken a very small long @ 2358. Looking at 2400 or 2448. My SL is below D.Pivot
Head and shoulders look to be forming. If it does continue north, I'm thinking it may go to 1.2390 or so.

GL!
  • #243,393
  • May 17, 2010 10:49pm May 17, 2010 10:49pm
Pls see chart needs to break the area its bounced frm in the past 3 hrs for further upside


just my suggestion will wait till it breaks and tests upper R1 to go short


Mahsam
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  • #243,394
  • May 17, 2010 10:50pm May 17, 2010 10:50pm
if its a fake 2362/66 may cap it..
those who can, do. those who cant, talk about those who can
  • #243,395
  • May 17, 2010 10:50pm May 17, 2010 10:50pm
this is good and I should be long from 54, but I will wait the normal morning craziness just started. Expecting to re-test pivot once more time. before longing or not
Trade on your own risk Plan your trade&trade your plan dont be a
  • #243,396
  • May 17, 2010 10:51pm May 17, 2010 10:51pm
Quoting Trading Cat
this is good and I should be long from 54, but I will wait the normal morning craziness just started. Expecting to re-test pivot once more time. before longing or not
True. 2AM - 3AM = stop hunt time...damn London boys.

BTW: where do you draw your pivot points and s/r points based off of said pivot? Daily?
  • #243,397
  • May 17, 2010 10:51pm May 17, 2010 10:51pm
Quoting Tsudo
Head and shoulders look to be forming. If it does continue north, I'm thinking it may go to 1.2390 or so.

GL!

i agree with you... r1 for today is arnd 1.2420 area according to my chart
  • #243,398
  • May 17, 2010 10:58pm May 17, 2010 10:58pm
Quoting Tsudo
Head and shoulders look to be forming. If it does continue north, I'm thinking it may go to 1.2390 or so.

GL!
Thanks dude.

My daily R1 @ 2463 and monthly S3 @ 2445.

Will look to short again later when they pump it higher.
  • #243,399
  • May 17, 2010 10:59pm May 17, 2010 10:59pm
shit i think i'm going to bail out of the shorts
Former Trader Of the Year of the 95% losing club! Retired
  • #243,400
  • May 17, 2010 11:06pm May 17, 2010 11:06pm
Quoting Tsudo
True. 2AM - 3AM = stop hunt time...damn London boys.

BTW: where do you draw your pivot points and s/r points based off of said pivot? Daily?
I am a little lazy I must admit, my trade station does it automatic they draw the daily pivots at the end of the US session. Pretty good and mostly in line with others here esp. AK.

For all those who want the Sostratos here is number 1.
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Trade on your own risk Plan your trade&trade your plan dont be a
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