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EURUSD

  • #247,941
  • May 26, 2010 7:43am May 26, 2010 7:43am
Quoting Atlast
Butterfly formation in lower time frame, if it plays out we get the new low.

Been wondering if this indi is working correctly--this what you have?
  • #247,942
  • May 26, 2010 7:43am May 26, 2010 7:43am
Profit taken , leaving some for 1.2249
  • #247,943
  • May 26, 2010 7:44am May 26, 2010 7:44am
Quoting toppz
trend is still up.. i have another long at 1.23190
1 min time frame ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #247,944
  • May 26, 2010 7:44am May 26, 2010 7:44am
Quoting Ulterior
if USD rallies on bad news
Durable Orders above expectations (2.0%) Actual 2.9%

It's a rather good news.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #247,945
  • May 26, 2010 7:45am May 26, 2010 7:45am
I don't use indicators to tell me the pattern as my charting allows me to draw the fibs it's realtively easy to spot, especially as it coincides with a pitchfork.
  • #247,946
  • May 26, 2010 7:46am May 26, 2010 7:46am
Quoting SkyzerFX
Durable Orders above expectations (2.0%) Actual 2.9%

It's a rather good news.
ore Durable Goods Orders m/m
http://cdn.forexfactory.com/images/m...etail_star.gif -1.0%
0.5% 4.8%http://cdn.forexfactory.com/images/m...us_revised.gif
  • #247,947
  • May 26, 2010 7:46am May 26, 2010 7:46am
Quoting SkyzerFX
Durable Orders above expectations (2.0%) Actual 2.9%

It's a rather good news.
You got to look @
USDCore Durable Goods Orders m/m
-1.0%0.5% 3.7%

Down---- bad news--- markets down-- usd up ---because of 'Safe heaven"
  • #247,948
  • May 26, 2010 7:48am May 26, 2010 7:48am
Quoting Urantian
Been wondering if this indi is working correctly--this what you have?

chart
Attached Image (click to enlarge)
Click to Enlarge Name: zup83.gif Size: 23 KB
  • #247,949
  • May 26, 2010 7:49am May 26, 2010 7:49am
Looks triangle has broken down...
  • #247,950
  • May 26, 2010 7:49am May 26, 2010 7:49am
Latest News: Market talk of EUR selling by supra-national entity.


I don't know any more at this time. Could just be rumor.
Every time you use 'hopium' in a post, God kills a kitten.
  • #247,951
  • May 26, 2010 7:49am May 26, 2010 7:49am
3:30pmUSD
Core Durable Goods Orders m/m

-1.0%
0.5%
4.8%

3:30pmUSD
Durable Goods Orders m/m

2.9%
1.4%
0.0%
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #247,952
  • May 26, 2010 7:50am May 26, 2010 7:50am
Quoting profxtrader
Latest News: Market talk of EUR selling by supra-national entity.


I don't know any more at this time. Could just be rumor.
Supra-national entity.

Who is that ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #247,953
  • May 26, 2010 7:50am May 26, 2010 7:50am
Quoting profxtrader
Latest News: Market talk of EUR selling by supra-national entity.


I don't know any more at this time. Could just be rumor.
nice this will help, new low today?
  • #247,954
  • May 26, 2010 7:51am May 26, 2010 7:51am
Quoting T.E.Lawrence
entered short @2312, sl 38 pips

Attachment
moved SL to BE, so it's a no-risk trade now
  • #247,955
  • May 26, 2010 7:51am May 26, 2010 7:51am
Plunge Protection Team probably needed, not much on a way to a new low.

Crucial point was loosing 1.23...
They think they are smarter than I am.
  • #247,956
  • May 26, 2010 7:51am May 26, 2010 7:51am
Quoting profxtrader
Latest News: Market talk of EUR selling by supra-national entity.


I don't know any more at this time. Could just be rumor.
No, it's just me.
  • #247,957
  • May 26, 2010 7:52am May 26, 2010 7:52am
Quoting Urantian
chart
The patterns don't always work. Plus ZUP has a wide range of acceptable measurements for patterns. Better to draw them yourself as these patterns are precise in nature. When I first started looking into them TLC told me the same thing and I trashed ZUP (although it's not bad for a warning and then you can draw your own fibs to confirm I suppose). That said the pattern you have didn't fail. Target the 38.2 and then the 61.8 of the last swing. as a secondary target.
Every time you use 'hopium' in a post, God kills a kitten.
  • #247,958
  • May 26, 2010 7:52am May 26, 2010 7:52am
Quoting Atlast
Maybe a mistake, but just sold the market, looking for lower low today
wasn't a mistake, the new low achieved.
  • #247,959
  • May 26, 2010 7:54am May 26, 2010 7:54am
Quoting DMA Trader
Supra-national entity.

Who is that ?
Hell I'm not even sure WHAT it is
Every time you use 'hopium' in a post, God kills a kitten.
  • #247,960
  • May 26, 2010 7:54am May 26, 2010 7:54am
one of my followers trade - this is not exactly the point i would do that but important is the line is correct and is giving money great job Michael
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