Attachments: EURUSD

EURUSD

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#246,201
May 21, 2010 2:12am May 21, 2010 2:12am

cheagil
| Joined Jul 2007 | Status: use your head man!!!! | 215 Posts

i wont take cup with handle lightly no more..
even a distorted one.. i call it a crook cup& handle.

see u at 1.2900

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#246,202
May 21, 2010 2:13am May 21, 2010 2:13am

hjs69
| Joined Mar 2010 | Status: Zulu | 170 Posts

Hi All,

This what my broker has send me.

EUR/USD intraday

TRADING CENTRAL Preference:

LONG positions @ 1.247 with 1.273 & 1.28 in sight.

Alternative scenario:

The downside breakout of 1.246 will open the way to 1.24 & 1.233.

Comment:

The pair has broken above its resistance and remains on the upside.

He who fears being conquered is sure of defeat - Napoleon Bonaparte

#246,203
May 21, 2010 2:19am May 21, 2010 2:19am

Z3iz3i
Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts

Try at gbp/usd stops taken out, now room for upside for both majors maybe...

They think they are smarter than I am.

#246,204
May 21, 2010 2:22am May 21, 2010 2:22am

Dr_P
| Joined Dec 2009 | Status: GoldMember | 37 Posts

I'm really fed up with those interventions and unpredictability on EUR/USD. I think I will stay away from this pair for a while... At the moment EUR/AUD gets a nice correction (or even gets back in trend) - a move that can easily have few hundred pips.

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#246,205
May 21, 2010 2:26am May 21, 2010 2:26am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

nap time.. got a few pending shorts at 2711 2812 3051 just in case..alarms set..

those who can, do. those who cant, talk about those who can

#246,206
May 21, 2010 2:27am May 21, 2010 2:27am

mercy seat
Joined Mar 2010 | Status: Trader | 42,434 Posts

Quoting hjs69

Disliked

Hi All,

This what my broker has send me.

EUR/USD intraday

TRADING CENTRAL Preference:
LONG positions @ 1.247 with 1.273 & 1.28 in sight.

Alternative scenario:
The downside breakout of 1.246 will open the way to 1.24 & 1.233.

Comment:...

Ignored

Jawohl - thank you for that - it is from DJ as I suppose. Not bad as well

http://cdn.forexfactory.com/images/icons/icon14.gif

bibib

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts

#246,207
May 21, 2010 2:27am May 21, 2010 2:27am

thelws
| Joined Nov 2008 | Status: Trader | 2,055 Posts

Quoting Dr_P

Disliked

I'm really fed up with those interventions and unpredictability on EUR/USD. I think I will stay away from this pair for a while... At the moment EUR/AUD gets a nice correction (or even gets back in trend) - a move that can easily have few hundred pips.

Ignored

or you can go with the intervention. join the dark side lol.

It has already broken past resistance and is staying on top of that line. Unless it breaks this line, I'm inclined to go long.

Just riding the wave. Don't fight it. Don't question why. Just follow it.

#246,208
May 21, 2010 2:31am May 21, 2010 2:31am

Dr_P
| Joined Dec 2009 | Status: GoldMember | 37 Posts

Quoting thelws

Disliked

or you can go with the intervention. join the dark side lol.

It has already broken past resistance and is staying on top of that line. Unless it breaks this line, I'm inclined to go long.

Just riding the wave. Don't fight it. Don't question why. Just follow it.

Ignored

I am very tempted indeed, but this is against my strategy (trade with the daily trend). And somehow the waves tend to finish when I get on board

#246,209
May 21, 2010 2:32am May 21, 2010 2:32am

extradeath
| Joined Jan 2010 | Status: Trader | 39 Posts

Quoting Emanuele

Disliked

I'm long @1.25 TP 1.26 let's hope it works.

Ignored

What about considering it's a small correction to complete it's downtrend to 1.24 and 1.235

#246,210
May 21, 2010 2:33am May 21, 2010 2:33am

extradeath
| Joined Jan 2010 | Status: Trader | 39 Posts

Quoting hjs69

Disliked

Hi All,

This what my broker has send me.

[font=Arial][b][color=#000000][size=2]EUR/USD intraday...

Ignored

I hope the alternative scenario

#246,211
May 21, 2010 2:39am May 21, 2010 2:39am

thelws
| Joined Nov 2008 | Status: Trader | 2,055 Posts

Quoting extradeath

Disliked

What about considering it's a small correction to complete it's downtrend to 1.24 and 1.235

Ignored

Check the price action. If it wanted to go down, It would have to make a newer low. This is definitely not the case. In fact, it made a new high. These are signs that it wants to go bull.

If you asked this question yesterday i would not dare to comment because there are no clear signals yet. Today the signal is clearer. If it goes above 1.2700 I'll call it a new trend.

Right now, I consider going long as a very low risk trade. Lots of upside, very low downside if you are wrong.

Did I go long? Yes.

When will I get out? If it drops below 1.2300

#246,212
May 21, 2010 2:39am May 21, 2010 2:39am

hjs69
| Joined Mar 2010 | Status: Zulu | 170 Posts

Quoting extradeath

Disliked

I hope the alternative scenario

Ignored

Well the only things we must see what the market give us. Trade what you see and not you expect. That is why I still do my own stuff.

I think if the 2479 line holds then we my do long for now.

He who fears being conquered is sure of defeat - Napoleon Bonaparte

#246,213
May 21, 2010 2:41am May 21, 2010 2:41am

Emanuele
| Joined Mar 2010 | Status: Trader | 292 Posts

Oh well, got nice green pips. Closed for now. I opened the long to hedge my shorts, now I'm save

#246,214
May 21, 2010 2:51am May 21, 2010 2:51am

Z3iz3i
Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts

This is quite OK to trade now because there is certain order and logic.

Now it dropped below 50 MA, so watching behaviour. This is good place to spot signal, move is usually nice.

They think they are smarter than I am.