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  • #244,781
  • May 19, 2010 11:51am May 19, 2010 11:51am
Quoting edisoname
may be we will have a reverse around 2480 ?
I would look for 1.2445 first.
They think they are smarter than I am.
  • #244,782
  • May 19, 2010 11:53am May 19, 2010 11:53am
I'm starting to see signs of short signals coming on every time frame up to M30 so we could have a fun night, shame I'm going to be asleep.
I operate with clear definite rules, if I break them I lose BIG!
  • #244,783
  • May 19, 2010 12:07pm May 19, 2010 12:07pm
New-York final hour, let's see what happens...
Getting it right is NOT as important as not getting it wrong.
  • #244,784
  • May 19, 2010 12:07pm May 19, 2010 12:07pm
Quoting Icannaesee
I'm starting to see signs of short signals coming on every time frame up to M30 so we could have a fun night, shame I'm going to be asleep.
Same but we might see 1.2435 ? It might not happen today or tomorrow but possible, right?
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  • #244,785
  • May 19, 2010 12:08pm May 19, 2010 12:08pm
Short leaving speculative jawboning about EUR support..

Last spike to 1.31 end up dead.. This wouldn't be any different..

Remember "Strong Dollar Policy", yeap, same here. Then need lower

EUR.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #244,786
  • May 19, 2010 12:08pm May 19, 2010 12:08pm
Quoting SkyzerFX
Whatever anyone says, this is not normal EU movement.. Every pip

down is bought, Probably Merkel opens FX account and buying

EUR left and Right with IMF money..
Germany is export oriented and by now it has a trading surplus of 1,3Billions. It not in their interest to see EUR appreciating against USD. I know they are buying in USD as well BUT they export more than they import. So...
  • #244,787
  • May 19, 2010 12:09pm May 19, 2010 12:09pm
Quoting fxswing
New-York final hour, let's see what happens...
new york? never mind i didn't look at the clock
  • #244,788
  • May 19, 2010 12:10pm May 19, 2010 12:10pm
Could it be that they finally stopped buying?

I wonder how much of a push they made to break upwards, as they got rejected quite a lot... based on the rejection and the double top i decided to hold my short see where it goes.

A retrace should happen.... i`d say the middle of Asia session will determine if we go down or up... I`ll be looking at the central pivots forming now @ US close, if we go under, i`d say smooth sailing untill S1(to be formed). And maybe back up in the EU session.

Or... retrace and bounce off the pivot, EU session pushing it higher.
  • #244,789
  • May 19, 2010 12:11pm May 19, 2010 12:11pm
Quoting alex.fx
new york?
Final hour for the US stock market if you prefer...

Why I'm talking about it: because there's often a good move during this hour.
Getting it right is NOT as important as not getting it wrong.
  • #244,790
  • May 19, 2010 12:12pm May 19, 2010 12:12pm
Did you guys new that Greek banks were also betting that their country will default?
  • #244,791
  • May 19, 2010 12:12pm May 19, 2010 12:12pm
Quoting Constantinos
Germany is export oriented and by now it has a trading surplus of 1,3Billions. It not in their interest to see EUR appreciating against USD. I know they are buying in USD as well BUT they export more than they import. So...

They generally make stuff that no one else does, so even a strong euro does not affect them that much. I am sure cheaper euros will help them sell even more though
  • #244,792
  • May 19, 2010 12:14pm May 19, 2010 12:14pm
Quoting Euroscum
They generally make stuff that no one else does, so even a strong euro does not affect them that much. I am sure cheaper euros will help them sell even more though
Yeah that what i'm saying.

After WW2 Germany become the factory of Europe!

Their products now seem cheaper for American companies.
  • #244,793
  • May 19, 2010 12:15pm May 19, 2010 12:15pm
Quoting fxswing
Final hour for the US stock market if you prefer...

Why I'm talking about it: because there's often a good move during this hour.
Yes, I didn’t even realize that it’s so late already. Hopefully (for me) it will be a move down.
  • #244,794
  • May 19, 2010 12:16pm May 19, 2010 12:16pm
Quoting Constantinos
Germany is export oriented and by now it has a trading surplus of 1,3Billions. It not in their interest to see EUR appreciating against USD. I know they are buying in USD as well BUT they export more than they import. So...
I would love a cheaper Leica M9
  • #244,795
  • May 19, 2010 12:16pm May 19, 2010 12:16pm
My charts almost confirm a close below 1.2340 for the 4H candle. 45 mins to go.
  • #244,796
  • May 19, 2010 12:17pm May 19, 2010 12:17pm
Quoting fxswing
Final hour for the US stock market if you prefer...

Why I'm talking about it: because there's often a good move during this hour.
you mean - final 2 hours?
big numbers are our friends...
  • #244,797
  • May 19, 2010 12:17pm May 19, 2010 12:17pm
Quoting alex.fx
Yes, I didn’t even realize that it’s so late already. Hopefully (for me) it will be a move down.
still hoping too
  • #244,798
  • May 19, 2010 12:18pm May 19, 2010 12:18pm
Quoting kandarv
I would love a cheaper Leica M9
I googled it and in Amazon say's USD9000???

What that taking pictures to the moon?

  • #244,799
  • May 19, 2010 12:23pm May 19, 2010 12:23pm
Quoting Constantinos
Did you guys new that Greek banks were also betting that their country will default?
French banks were getting money from the EU so they can short the euro too. The irony.
  • #244,800
  • May 19, 2010 12:24pm May 19, 2010 12:24pm
Quoting Constantinos
I googled it and in Amazon say's USD9000???

What that taking pictures to the moon?

And that's only the body, you'll need a lens to take a picture after you buy it. So add another $5000USD for a simple Leica 35mm F/1.4. Total basic gear $14,000.00 USD. Now you see why I'm shorting EUR?
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