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EURUSD

  • #245,801
  • May 20, 2010 4:34pm May 20, 2010 4:34pm
Quoting edisoname
will we see 26XX again before we head to 2133 ?
i dont know..
those who can, do. those who cant, talk about those who can
  • #245,802
  • May 20, 2010 4:35pm May 20, 2010 4:35pm
Quoting giaspyr
Godd work indeed, keep doing so.
Just saw these, it's taken me till now to get all caught up today.

Thx guys. hope we made some pips together...

GJ hit 128...i made a killing shorting that thing off of daily pivots
  • #245,803
  • May 20, 2010 4:41pm May 20, 2010 4:41pm
Quoting jaylovin
Gator, how reliable are the s/r levels that took place like 3 years+ ago? Breaking this down, it was mentioned that 1.25 was a massive support, as was 1.2350 - yet PA just blitzed straight through those levels before bouncing back - but i mean it took a while and a lot of manipulation to bring it back up surely?

I guess what i'm trying to say is those s/r levels could cease to exist hence becoming an unreliable indicator?
pull a chart. place them on it.. only you can answer that.
those who can, do. those who cant, talk about those who can
  • #245,804
  • May 20, 2010 4:42pm May 20, 2010 4:42pm
the proof is in the aud..decline.. - Can you explain this a bit more G
Disclaimer: Check your 1m charts
  • #245,805
  • May 20, 2010 4:42pm May 20, 2010 4:42pm
Gator, looking at a monthly Swissy chart dating back to the 70s. I see a possible bottoming near parity, but the highs are still very much within the downchannel from the all time highs. Are you working with EW counts?
"If it was good enough for Gann, it's good enough for me..."
  • #245,806
  • May 20, 2010 4:43pm May 20, 2010 4:43pm
EURAUD is a nuts vehicle, I'm having more than 800 pips gain on a single open trade in less than 36 hours...

Feels almost like trading the new economy tech stocks on the nasdaq during the dot com boom

Getting it right is NOT as important as not getting it wrong.
  • #245,807
  • May 20, 2010 4:45pm May 20, 2010 4:45pm
Quoting Pippy5000
I'm old and my hands are shaky .. I have it at 1.2146 .. looks like a perfect bounce ..hard to draw the map to the pip

Hey, when are you guys going to come pick up the crackheads and thugs you left behind in Houston after Katrina? THEY WON'T LEAVE We appreciate the higher-quality Shrimp Creole.. not so much the crackheads.
no return policy.. now you see what we had to deal with..
those who can, do. those who cant, talk about those who can
  • #245,808
  • May 20, 2010 4:46pm May 20, 2010 4:46pm
Quoting Pippy5000
I'm old and my hands are shaky .. I have it at 1.2146 .. looks like a perfect bounce ..hard to draw the map to the pip

Hey, when are you guys going to come pick up the crackheads and thugs you left behind in Houston after Katrina? THEY WON'T LEAVE We appreciate the higher-quality Shrimp Creole.. not so much the crackheads.

you gotta get the HL data for the candle and manually type it in ur fib properties....it matters, the big guys dont use "guesstimated" or "close enough" fib numbers. Granted, not everyones will be the same, but you have to be accurate with ur own.
  • #245,809
  • May 20, 2010 4:46pm May 20, 2010 4:46pm
Quoting fxswing
EURAUD is a nuts vehicle, I'm having more than 800 pips gain on a single open trade in less than 36 hours...

Feels almost like trading the new economy tech stocks on the nasdaq during the dot com boom

euro should have never been valued over aud..
those who can, do. those who cant, talk about those who can
  • #245,810
  • May 20, 2010 4:48pm May 20, 2010 4:48pm
Quoting pipper
the proof is in the aud..decline.. - Can you explain this a bit more G
there was a big wedge on the commodity pairs.. i posted all this crap before if you wanna go back and look, about 6 weeks ago.
those who can, do. those who cant, talk about those who can
  • #245,811
  • May 20, 2010 4:49pm May 20, 2010 4:49pm
The big guys also understand that varying markets have different highs and lows..... kid
  • #245,812
  • May 20, 2010 4:51pm May 20, 2010 4:51pm
just looking at chart
usually a slow down always followed by a sharp up right ?
  • #245,813
  • May 20, 2010 4:51pm May 20, 2010 4:51pm
Quoting gatorinla
euro should have never been valued over aud..
With 3.75% rates if I'm not mistaking compare to 1%?

It's nuts.. I'll watch AUD, things getting changed quickly..

They screwed up Forex market completely.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #245,814
  • May 20, 2010 4:51pm May 20, 2010 4:51pm
Quoting fxswing
EURAUD is a nuts vehicle, I'm having more than 800 pips gain on a single open trade in less than 36 hours...

Feels almost like trading the new economy tech stocks on the nasdaq during the dot com boom

crazy stuff....I may try a short @ 1.5629 if it gets there....23fib (2.1132-1.3930)

tight SL 30 pips....I normally dont make trades on volatile spikes like this but its with the downtrend.....well see if my spreads are good
  • #245,815
  • May 20, 2010 4:52pm May 20, 2010 4:52pm
Quoting FFBrian13
Gator, looking at a monthly Swissy chart dating back to the 70s. I see a possible bottoming near parity, but the highs are still very much within the downchannel from the all time highs. Are you working with EW counts?
higher high and lower low at certain times is bullshit..
those who can, do. those who cant, talk about those who can
  • #245,816
  • May 20, 2010 4:52pm May 20, 2010 4:52pm
I'm still 10 pages back, lol. we may have a 4 hr pin bar develop...I don't trade em' very often but J16 group swears by the A+ ones.

Also, I still help onto that AU short from 8750
  • #245,817
  • May 20, 2010 4:55pm May 20, 2010 4:55pm
Have read it all G believe me. trying to understand it all is another thing

Quoting gatorinla
there was a big wedge on the commodity pairs.. i posted all this crap before if you wanna go back and look, about 6 weeks ago.
Disclaimer: Check your 1m charts
  • #245,818
  • May 20, 2010 4:55pm May 20, 2010 4:55pm
Quoting mfoste1
crazy stuff....I may try a short @ 1.5629 if it gets there....23fib (2.1132-1.3930)

tight SL 30 pips
Careful with EURAUD the daily 200sma at 1.5739, with such a move I doubt they will stop before at least touching it. At this pace this can happen during the Asian session or tomorrow.
Getting it right is NOT as important as not getting it wrong.
  • #245,819
  • May 20, 2010 4:58pm May 20, 2010 4:58pm
Dow almost at 10K (I have 10029 now), tomorrow will be fun
Getting it right is NOT as important as not getting it wrong.
  • #245,820
  • May 20, 2010 4:59pm May 20, 2010 4:59pm
Quoting fxswing
Careful with EURAUD the daily 200sma at 1.5739, with such a move I doubt they will stop before at least touching it. At this pace this can happen during the Asian session or tomorrow.
ahhhh thanks for lettin me know....I doubt ill even attempt this

trading spikes of this magnitude goes against my rules, i dont wanna break em, cause when i do, i lose money. Im most likely staying out till defined direction is set....i didnt even know about the spike in euraud till you said something about it lol.....I dont trade that pair.
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