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  • #245,101
  • May 20, 2010 1:03am May 20, 2010 1:03am
went long on AU now that I'm out of GU
  • #245,102
  • May 20, 2010 1:03am May 20, 2010 1:03am
Quoting Trad3r
You are not going to see the EURUSD below 1.22 in many months: the dollar index is falling near a huge resistance and the Bank of Japan and a fund of 750 billions of the EU from Luxembourg are buying massively euros. The bearish game is over: buy euros.
Try a different DXY chart there bud...here's a good one that Wormboy posted yesterday

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  • #245,103
  • May 20, 2010 1:16am May 20, 2010 1:16am
Quoting LarianVonLich
http://s44.radikal.ru/i104/1005/9a/7e16532560ff.png
thanks for the chart next time write from where you got it!
Trade on your own risk Plan your trade&trade your plan dont be a
  • #245,104
  • May 20, 2010 1:16am May 20, 2010 1:16am
there could be a bullish flag on h4 but im not sure yet .
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  • #245,105
  • May 20, 2010 1:17am May 20, 2010 1:17am
Quoting 2+2=4ex
went long on AU now that I'm out of GU
careful

http://www.forexlive.com/107829/all/...heavy-pressure
  • #245,106
  • May 20, 2010 1:19am May 20, 2010 1:19am
Quoting Jhig
600 pips already locked on euraud and eurnzd.
Very nice.
  • #245,107
  • May 20, 2010 1:22am May 20, 2010 1:22am
Good morning everyone,
Yesterday was one for the books hehehe my god how many ppl got screwed. I admit I was lucky and got some profits from my shorts. Those interventions f*ck up my charts and my technical trading, I really hope we get back to normal behaviour. Was thinking about €$ last night and thought could they come up with the same procedure as with €chf at 1.4003? Maybe €$ it will be at 1.2300?? I will be extreme careful today and if not really needed not even trade at all just watch and see if the storm calmed down. My targets are very much on top need about 27pips till Friday night so not to much to get.
Trade safe,
TCat

Here Sostratos for those who like reading them....
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #245,108
  • May 20, 2010 1:26am May 20, 2010 1:26am
Quoting uraceulose
careful

http://www.forexlive.com/107829/all/...heavy-pressure
yea I got stopped out
  • #245,109
  • May 20, 2010 1:28am May 20, 2010 1:28am
Quoting 2+2=4ex
yea I got stopped out
tough to say when that thing is gonna bounce
  • #245,110
  • May 20, 2010 1:28am May 20, 2010 1:28am
Yeah, trading cat, it was a mess yest. If it wasnt that drop from 2332 to 2260s b4 heading to 2430s. I wouldnt able to profit 160pips. I was triple short pretty heavy up there.Thank god I was out. or else I end up SL @ BE for no pips.
  • #245,111
  • May 20, 2010 1:31am May 20, 2010 1:31am
Quoting theroller
Its hard for me to agree with you

1.2450s should stand for this time around, moving towards sub 1.23 and most likely to 1.22
agreed.. the candles fail to penetrate the upper cup line.
forget it.

now it looks like an ass with a big hole.
  • #245,112
  • May 20, 2010 1:31am May 20, 2010 1:31am
Quoting Jhig
600 pips already locked on euraud and eurnzd. Looks to be a continuation of yesterday. But this time, I'm planning on holding my longs.

Eurusd finally took the plunge but I closed out my pending sellstop yesterday evening. Too bad, because price looking to make it past 1.2300, that would have been 100 pip bearish move.
congratulation! well done. so many are doing other pairs at the same time except me perhaps , puzzled mixed with other pairs and in a same pair too .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #245,113
  • Edited 1:53am May 20, 2010 1:34am | Edited 1:53am
bubble?

http://finance.yahoo.com/news/Singap...55279.html?x=0

"The economy grew at an annualized, seasonally adjusted 38.6 percent in the first quarter, the biggest leap since quarterly results began in 1975, the ministry said. The ministry had said last month the economy expanded 32 percent in the first quarter"

edit: BLOOMBERG QUOTE

“A weaker euro may help tourism in Greece. But on the other hand, a lot of people will be looking at the news and seeing Molotov cocktails flying through the air,” he said in a telephone interview. “That significant distraction could offset the benefit of a weaker currency.” lol
  • #245,114
  • May 20, 2010 1:43am May 20, 2010 1:43am
Looks like longs now targeting those stops at 1.2445 ->
They think they are smarter than I am.
  • #245,115
  • May 20, 2010 1:44am May 20, 2010 1:44am
Price action starting to look flaky on euraud eurnzd. I'm out, took profit off the table. Pin bar setting up which indicates a reversal may be in play.

Eurusd sellstop not touched, price action also looks a little flaky. Closed pending sell order. I'm flat at the moment but will keep my eyes open for opportunity.
  • #245,116
  • May 20, 2010 1:45am May 20, 2010 1:45am
Price presently on support level bouncing may risk to up at 1.34 or even continue up the previous top , just carefull bears now .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #245,117
  • May 20, 2010 1:49am May 20, 2010 1:49am
Suddenly 2340 became a support and PA bounced off several times.

Then I looked up and realized the resistance sitting @ 2440 and I believe it is where the price will be going.

Just my prediction. I had a short @ 2340, took the loss and reversed my position.

Now waiting for a small pullback to re-enter my long.
  • #245,118
  • May 20, 2010 1:52am May 20, 2010 1:52am
inverted Shampoo on a 1hr!!!!!!!!!!

neckline at 1.2440
  • #245,119
  • May 20, 2010 1:54am May 20, 2010 1:54am
Hello all,

My country Estonia wants in january 1. 2011 go with EUR, but EURO in crash now.

Right now we hawe Estonian Krone.

Is this bad or danger for our people when EURO comes?
  • #245,120
  • May 20, 2010 1:56am May 20, 2010 1:56am
Quoting billymoney
Yeah, trading cat, it was a mess yest. If it wasnt that drop from 2332 to 2260s b4 heading to 2430s. I wouldnt able to profit 160pips. I was triple short pretty heavy up there.Thank god I was out. or else I end up SL @ BE for no pips.
yes man that saved my A$$ as well yesterday otherwise it would have been a bad day. All this intervention sucks, but I guess we have to get used to it and include those kind of freak moves into our strategy... Right now I should go long but wont, will wait a little longer there is no need to rush, if ECB and SNB go nuts again we will get enough opportunities....
take care and trade safe,
Tcat
Trade on your own risk Plan your trade&trade your plan dont be a
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