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EURUSD

  • #247,141
  • May 24, 2010 8:31pm May 24, 2010 8:31pm
Quoting just fibbing
Lesson learned Gator, will await next good short entry ... thanks for the advice.
you can lead a horse to water.
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those who can, do. those who cant, talk about those who can
  • #247,142
  • May 24, 2010 8:35pm May 24, 2010 8:35pm
Quoting realjumper
I'm not trading this pair at the moment, other than the occasional scalp where the r/r is worth it. What concerns me is that the PA got told in no uncertain terms to fuc off when it got to the all time 50% fib. If this current fall is heading back to that level, either it will get told to f o again, or it will drop like a rock. If it drops, so be it. If not though, I will start thinking that the PA is trying to establish a bottom with a view to a reversal for a long term up trend.

So, a drop or a reverse? I dunno, that's why I'm out apart...
Price action has been pretty predictable. I called short earlier got stopped out on the retrace and found my way back in on the short for over 100 pips today. The reason all EUR pairs declined today was because of Spain news of needing and/or receiving a bailout. At this pace, expect more lows tomorrow.
  • #247,143
  • May 24, 2010 8:42pm May 24, 2010 8:42pm
Quoting Jhig
Price action has been pretty predictable. I called short earlier got stopped out on the retrace and found my way back in on the short for over 100 pips today. The reason all EUR pairs declined today was because of Spain news of needing and/or receiving a bailout. At this pace, expect more lows tomorrow.
That's all good, I hope it works out for you. Be sure though, that it won't fall for ever! When it does turn, no matter where that happens, a lot of people are going to get burnt.....in my opinion, now is the time for caution, not open slather to go short just because every man and his dog says so!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #247,144
  • May 24, 2010 8:44pm May 24, 2010 8:44pm
Quoting gatorinla
you can lead a horse to water.
...but you can't make him swim?? hehe. (I know, drink)

Anyway, my first target is 2150. Then 1890. But we could see a retrace or two first.
  • #247,145
  • May 24, 2010 8:45pm May 24, 2010 8:45pm
Quoting gatorinla
you can lead a horse to water.
So true ... this thing goes down just like a river down a mountain atm. Seems nothing short of a massive dam will stop it.
  • #247,146
  • May 24, 2010 8:50pm May 24, 2010 8:50pm
Volatility has pick up a bit. Looks like price action may be heading into a retrace. Good! I'm looking to reload my shorts.
  • #247,147
  • May 24, 2010 8:51pm May 24, 2010 8:51pm
Quoting just fibbing
So true ... this thing goes down just like a river down a mountain atm. Seems nothing short of a massive dam will stop it.
unless a magic wand fast forward 18 years with a fresh crop of ponzi scheme workers. the chances are slim of the dam not breaking..
those who can, do. those who cant, talk about those who can
  • #247,148
  • May 24, 2010 8:55pm May 24, 2010 8:55pm
I wouldnt mind if greenback monkeys would give it a break for a while
  • #247,149
  • May 24, 2010 8:56pm May 24, 2010 8:56pm
here atm...lets see if it goes lower now..
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those who can, do. those who cant, talk about those who can
  • #247,150
  • May 24, 2010 8:57pm May 24, 2010 8:57pm
Quoting Ulterior
I wouldnt mind if greenback monkeys would give it a break for a while
what about the other monkeys?
those who can, do. those who cant, talk about those who can
  • #247,151
  • May 24, 2010 8:59pm May 24, 2010 8:59pm
Quoting gatorinla
unless a magic wand fast forward 18 years with a fresh crop of ponzi scheme workers. the chances are slim of the dam not breaking..
ROFLMAO ...i.e. fat chance
  • #247,152
  • May 24, 2010 9:02pm May 24, 2010 9:02pm
Quoting just fibbing
ROFLMAO ...i.e. fat chance
that's if my European brothers breed a lot.. .. make it 19 years..
those who can, do. those who cant, talk about those who can
  • #247,153
  • May 24, 2010 9:05pm May 24, 2010 9:05pm
Quoting gatorinla
what about the other monkeys?
I am comfortable to see retraces, still want to short the greenback ones, which were slowly dying 10 years from now
  • #247,154
  • May 24, 2010 9:08pm May 24, 2010 9:08pm
Nice drop here. Hoping for 2270.
  • #247,155
  • May 24, 2010 9:09pm May 24, 2010 9:09pm
Quoting gatorinla
here atm...lets see if it goes lower now..
that was 30 pips for a scalper.
those who can, do. those who cant, talk about those who can
  • #247,156
  • May 24, 2010 9:10pm May 24, 2010 9:10pm
Quoting Ulterior
I am comfortable to see retraces, still want to short the greenback ones, which were slowly dying 10 years from now
whos dying?
those who can, do. those who cant, talk about those who can
  • #247,157
  • May 24, 2010 9:10pm May 24, 2010 9:10pm
got short signal from usd/chf lets look how it goes
  • #247,158
  • May 24, 2010 9:11pm May 24, 2010 9:11pm
Quoting gatorinla
whos dying?
just open monthly USD chart
  • #247,159
  • May 24, 2010 9:13pm May 24, 2010 9:13pm
Quoting Ulterior
just open monthly USD chart
i got yearly open.. since 78
those who can, do. those who cant, talk about those who can
  • #247,160
  • May 24, 2010 9:13pm May 24, 2010 9:13pm
Quoting 2+2=4ex
Nice drop here. Hoping for 2270.
80 and 40 support. better sell @ 40
You cannot learn better without losing
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