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EURUSD

  • #243,381
  • May 18, 2010 12:34am May 18, 2010 12:34am
damn ist going higher and its strong then i thought
Former Trader Of the Year of the 95% losing club! Retired
  • #243,382
  • May 18, 2010 12:36am May 18, 2010 12:36am
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 18, 2010 12:39am May 18, 2010 12:39am
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 18, 2010 12:40am May 18, 2010 12:40am
Good morning.
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  • #243,385
  • May 18, 2010 12:44am May 18, 2010 12:44am
Demand for Dollars Exceeds Estimate With China Among Big Buyers
  • #243,386
  • May 18, 2010 12:44am May 18, 2010 12:44am
Hi,

2360 acting as a tough resistance area

Mahsam
  • #243,387
  • May 18, 2010 12:44am May 18, 2010 12:44am
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 18, 2010 12:45am May 18, 2010 12:45am
Took a small long.

Closed for +7. Not sure where it's going.
  • #243,389
  • May 18, 2010 12:45am May 18, 2010 12:45am
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 18, 2010 12:45am May 18, 2010 12:45am
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 18, 2010 12:46am May 18, 2010 12:46am
Anyone thinking price will go 1.25xx before falling again ?
  • #243,392
  • May 18, 2010 12:48am May 18, 2010 12:48am
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 18, 2010 12:49am May 18, 2010 12:49am
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 18, 2010 12:50am May 18, 2010 12:50am
if its a fake 2362/66 may cap it..
those who can, do. those who cant, talk about those who can
  • #243,395
  • May 18, 2010 12:50am May 18, 2010 12:50am
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 18, 2010 12:51am May 18, 2010 12:51am
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 18, 2010 12:51am May 18, 2010 12:51am
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 18, 2010 12:58am May 18, 2010 12:58am
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 18, 2010 12:59am May 18, 2010 12:59am
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 18, 2010 1:06am May 18, 2010 1:06am
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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