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EURUSD

  • #245,561
  • May 20, 2010 12:34pm May 20, 2010 12:34pm
Quoting gatorinla
*L* long time
Yeah...sorry. It's a bit vague. I expect the price to break out of the channel then head initially to 1.3580 before continuing to 1.4676. I expect the first level to be reached between 22nd of August and the 10th of October 2010 and the latter level to be reached between Sep' - Nov' 2011.

Gator,
I have just been doing this and that mostly involving refining FX strategies and such.
  • #245,562
  • May 20, 2010 12:35pm May 20, 2010 12:35pm
I'm taking a short.
Si vis pacem, para bellum.
  • #245,563
  • May 20, 2010 12:35pm May 20, 2010 12:35pm
Quoting ferndog
OMG what the heck happened?
shorters just got their faces burned off. Hope you had a SL
  • #245,564
  • May 20, 2010 12:36pm May 20, 2010 12:36pm
i shorted at 2420 target 2300 SL 2560

worth holding ?
  • #245,565
  • May 20, 2010 12:36pm May 20, 2010 12:36pm
Quoting suthmo
Now I revise my earlier forecast of 2615 top to 2515 top reversal.

05:00 24457
08:00 24143 pullback
11,12,13,14,15,16,17:00 24457 to 25142 / 25350 ranging
18:00 drop to 2380 Range 2340
2300 drop

Have to recalculate as I go along and still working out when to do this.
No surprise to me, now I got a short in at +40 pips
Founder of Sutherland Wave Principle
  • #245,566
  • May 20, 2010 12:36pm May 20, 2010 12:36pm
Quoting T@rantula
Yes, the best way to learn is to trade ur own system. You learn by making mistakes, but dont repeat them. Admission of mistake makes learning possible. Always write down what u did and why u did. Make ur own agenda
I'm not disagreeing with what you are saying T@. I think writing down any fundamental mistakes is a good idea. Mistakes like entering a trade without checking news calendar.

However, I think sometimes traders make more mistakes by trying to avoid what they percieve as past mistakes. Price doesn't always move in the same path so it's hard to know sometimes when a holding or exiting a trade is a mistake. I think the mistake (at least for active traders) is when you continue to enter or hold a trade when there are signs you should be doing opposite.
  • #245,567
  • May 20, 2010 12:36pm May 20, 2010 12:36pm
Just got about 100 easy pips of the table, thinking to stay sidlines, too dangeruos to trade right now.
  • #245,568
  • May 20, 2010 12:37pm May 20, 2010 12:37pm
I have a long option trade
  • #245,569
  • May 20, 2010 12:38pm May 20, 2010 12:38pm
Holy intervention batman !!
  • #245,570
  • May 20, 2010 12:39pm May 20, 2010 12:39pm
Might be going to 1.2733, then back to 1.2512 on daily chart (declining channel)
They think they are smarter than I am.
  • #245,571
  • May 20, 2010 12:39pm May 20, 2010 12:39pm
Quoting manojsai


EURUSD set to fall to 1.2141 and then bounce to 1.3662 and then fall to deep south.....

levels to watch as it falls to 1.2141

1.3989,1.3709,1.3428,1.3148,1.2867,1.2306
A old posting.....................

i am long since 1.2180
  • #245,572
  • May 20, 2010 12:39pm May 20, 2010 12:39pm
Holy strawberries, Batman ! We're in a jam !
Si vis pacem, para bellum.
  • #245,573
  • May 20, 2010 12:41pm May 20, 2010 12:41pm
Quoting T@rantula
Agreed.


We r still intraday bullish. If we break 2435, we will face a stronger resistance around 2450 levels.After a breakout of upper confluence fibos we will face 2508,2542 , 2592. 2618 is unlikely possible at this stage as we faced a sharp rally yesterday, yet it remains to be seen..
Possible scenario
  • #245,574
  • May 20, 2010 12:41pm May 20, 2010 12:41pm
Quoting mercy seat
Dangerous - Finger weg davon !




Guys - don't try to trade against it.

Dangerous - Finger weg davon !

Looks as if Sostratos did fine today !

Not bad - one for you

Eins drauf mit Mappe !
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #245,575
  • May 20, 2010 12:42pm May 20, 2010 12:42pm
HOW far UP they want to pump this up? to 1.65? I don't get it..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #245,576
  • May 20, 2010 12:43pm May 20, 2010 12:43pm
Quoting gatorinla
tl broke. i was short at 2430.. but closed it looks like too early. but i dont rule out going higher to .24833 .24971.... current level hit on this chart has been changed from original. it was off a pip so i lowered it. level above these posted levels from chart may be a good sl... hopefully numbers are precise.
.24833 is what math said
.24971 is 3/4 of a chart level.... quarters for some reason are big today.. today's high was a quarter #
good luck...
sos
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those who can, do. those who cant, talk about those who can
  • #245,577
  • May 20, 2010 12:43pm May 20, 2010 12:43pm
Are our Children and Grandchildren going to read about this day in history?
Know when to hold em, Know when to fold em!
  • #245,578
  • May 20, 2010 12:44pm May 20, 2010 12:44pm
as long as it stays below 1.2511 I'm still short(today)
  • #245,579
  • May 20, 2010 12:44pm May 20, 2010 12:44pm
2 bullish daily candles in a row....are we going to get a third?
  • #245,580
  • May 20, 2010 12:44pm May 20, 2010 12:44pm
Quoting SkyzerFX
Who's buying EUR? And why?
http://www.forexfactory.com/showpost...stcount=245124
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