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  • #243,581
  • May 18, 2010 6:36am May 18, 2010 6:36am
Euro getting stronger. I deffinetely think it's underpriced at the moment. The debt problems aren't so big as they say.
  • #243,582
  • May 18, 2010 6:39am May 18, 2010 6:39am
Hi there guys, just got back from school. T/P hit .86 on EUR/GBP trade yesterday that I was talking about, the one with the wedge.
Got in at .8558.

Whats going on with EUR now? Looks like its trickling up a bit more.. Any longies?
  • #243,583
  • May 18, 2010 6:42am May 18, 2010 6:42am
Quoting goods
Bear trap please elaborate? You mean a bear looking makeup to cause a headfake?
This top might look like a good place to short but its not going down now.
Maybe when NY opens.

11:24 and 11:25 GMT were big sold (or short covers) 1min candles (compared anything within an 1 hour) and they practically did nothing.
They think they are smarter than I am.
  • #243,584
  • May 18, 2010 6:45am May 18, 2010 6:45am
Quoting Z3iz3i
This top might look like a good place to short but its not going down now.
Maybe when NY opens.

11:24 and 11:25 GMT were big sold (or short covers) 1min candles (compared anything within an 1 hour) and they practically did nothing.
Oh got ya thanks, yea I wouldn't short unless it hits max resistance at 2431 with a tight stop loss. Unless price action keeps going without pause
Know when to hold em, Know when to fold em!
  • #243,585
  • May 18, 2010 6:46am May 18, 2010 6:46am
no price action for 1 hour now... WTF! i`m bored..
  • #243,586
  • May 18, 2010 6:50am May 18, 2010 6:50am
Quoting Carnegie

just got back from school. T/P hit .86 on EUR/GBP trade yesterday that I

was talking about, the one with the wedge.

Got in at .8558.

#620
  • #243,587
  • May 18, 2010 6:55am May 18, 2010 6:55am
DAX just broke out of triangle looks like they want higher the Germans....

EURO-DOLLAR: Rate continues to trade with an underlying buoyant tone, as
the euro claws back recent lost ground. Corporate and macro account
buys (the latter short covering) seen providing the main demand
interest, while faced off by real money supply into rallies. Rate
currently trades around $1.2423, off earlier highs at $1.2431. A break
here to expose $1.2450, with several traders highlighting last year's
low at $1.2457 as key, a break here to prompt stronger short covering.

Provided by: Market News International

Sostratos FX Daily Strategy: Sell EURJPY: Entry: 116.050, Target: 112.550, Stop Loss: 117.050
Trade on your own risk Plan your trade&trade your plan dont be a
  • #243,588
  • May 18, 2010 7:12am May 18, 2010 7:12am
LONDON (MNI) – Greece confirmed Tuesday that it has received its first tranche of aid from fellow Eurozone states, totaling E14.5 billion. The payment was received from the European Commission through the European Central Bank. In an e-mailed statement, the Ministry of Finance [...] http://www.forexlive.com/107275/all/...st-aid-tranche
Know when to hold em, Know when to fold em!
  • #243,589
  • May 18, 2010 7:24am May 18, 2010 7:24am

Only pictures of Maria Ozawa are allowed on this board!

You've been warned!

  • #243,590
  • May 18, 2010 7:31am May 18, 2010 7:31am
Quoting T@rantula
Am i the only 1?
I'm out ... waiting for the market to make a "worth-while" move before I hand over my equity.
Attached Image
  • #243,591
  • May 18, 2010 7:39am May 18, 2010 7:39am
Quoting Jhig
I'm out ... waiting for the market to make a "worth-while" move before I hand over my equity.
i`m with u on that... but meanwhile we can trade between channel trend lines.
  • #243,592
  • May 18, 2010 7:40am May 18, 2010 7:40am
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Adx crossing on BB support
  • #243,593
  • May 18, 2010 7:41am May 18, 2010 7:41am
Seems that the market is trapped between 2431/2372.

Tcat I like that Cowgirl.
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #243,594
  • May 18, 2010 7:43am May 18, 2010 7:43am
Man, this shit is sincerely boring. Up and down, down and up. What's so important about 1.24?
  • #243,595
  • May 18, 2010 7:45am May 18, 2010 7:45am
Anyone bearish on audusd?
Know when to hold em, Know when to fold em!
  • #243,596
  • May 18, 2010 7:45am May 18, 2010 7:45am
Bounce to the pip from the lower purple TL. A break of it and the blue trendline will see me shorting this... Still having breakfast now...felT so asleep!!
G/L everyone!!
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  • #243,597
  • May 18, 2010 7:45am May 18, 2010 7:45am
Quoting sonicdeejay
Next stop 1.243x level...Baby

Sonic
it is hit after 20 hrs later..

Sonic
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  • #243,598
  • May 18, 2010 7:46am May 18, 2010 7:46am
I think the "Big boy's" are taking positions for the day.
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #243,599
  • May 18, 2010 7:48am May 18, 2010 7:48am
Quoting Carnegie
Man, this shit is sincerely boring. Up and down, down and up. What's so important about 1.24?

reverse bullish divergences
  • #243,600
  • May 18, 2010 7:48am May 18, 2010 7:48am
"Core PPI +0.2%" What a bunch of BS!

When you in the supermarket it feels like 10% + (not 0.2%)

Prices rising weekly.
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