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EURUSD

  • #248,921
  • May 27, 2010 11:30am May 27, 2010 11:30am
Quoting uraceulose
Yo man, sorry about ur loss on eu. be ready on AU though, when it stops and turns...right back down
yea I know. I'm getting in right now.
  • #248,922
  • May 27, 2010 11:30am May 27, 2010 11:30am
I don't see traders on the floor of the NYSE to buy at this time of the day anymore, so still expect this to level off.
  • #248,923
  • May 27, 2010 11:31am May 27, 2010 11:31am
Quoting Freddyfx
I don't see traders on the floor of the NYSE to buy at this time of the day anymore, so still expect this to level off.
I'm expecting Sidney to open up and push this baby up!
  • #248,924
  • May 27, 2010 11:32am May 27, 2010 11:32am
Ill post the chart. 3 bullish divergences woke up the bulls H4 TF
  • #248,925
  • May 27, 2010 11:33am May 27, 2010 11:33am
Quoting 2+2=4ex
yea I know. I'm getting in right now.
me too, we gotta be careful on this one though. there hasn't been much sign of a reversal on this latest "rally"

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  • #248,926
  • May 27, 2010 11:35am May 27, 2010 11:35am
So 1.2372 broken with ease & next stop from 1.2454 -1,2524. if break at that level or below can go down to 1.2351, 29,1.2269,29.
still mainytain the up trend next .
enough for shaking up the bear for one day . hope bullish candle to continue next days also.
Bear in the development & so may takes place before the top next .some shorts now taken too.Targetting 1.2269.

fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #248,927
  • May 27, 2010 11:36am May 27, 2010 11:36am
Quoting T@rantula
Ill post the chart. 3 bullish divergences woke up the bulls H4 TF
Attached Image (click to enlarge)
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They couldnt have been more precise....Now Im sad i completely missed it. Should have taken it at first sight
  • #248,928
  • May 27, 2010 11:36am May 27, 2010 11:36am
Quoting AmeriTrini
I'm expecting Sidney to open up and push this baby up!
on their last day of the week...............I just trade what my charts show me.

Donnie, message received, likewise.
  • #248,929
  • May 27, 2010 11:39am May 27, 2010 11:39am
looks like some end of month profit taking by the big dogs going on today

i dont really see any conviction for bidders here....we were at the major 50 fib.....its a tough one to break, always is.

unless new gold bonanza mines are found in euro zone i still cant see a reason to buy
  • #248,930
  • May 27, 2010 11:39am May 27, 2010 11:39am
Quoting Freddyfx
on their last day of the week...............I just trade what my charts show me.

Donnie, message received, likewise.
Yeah, this could be a huge roll down to remove the weak hands
  • #248,931
  • May 27, 2010 11:39am May 27, 2010 11:39am
Quoting Freddyfx
on their last day of the week...............I just trade what my charts show me.

Donnie, message received, likewise.
The last day of the week is a trading day, the last time I checked..........isn't it?
  • #248,932
  • May 27, 2010 11:42am May 27, 2010 11:42am
Quoting uraceulose
me too, we gotta be careful on this one though. there hasn't been much sign of a reversal on this latest "rally"

Attachment
yea I know. I already moved stop to be+1 at +10 not going to take any chances since we are still inside the "canyon".
  • #248,933
  • May 27, 2010 11:42am May 27, 2010 11:42am
can it break ??? 1.2401
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  • #248,934
  • May 27, 2010 11:45am May 27, 2010 11:45am
Quoting kanakzz
can it break ??? 1.2401
Sydney will receive a cue from wall street, Tokyo likewise. If the things remain unchanged with double momentum divergence and adx crossing still on today's low it will break higher as the stops will be triggered

DOW will push EU also
  • #248,935
  • May 27, 2010 11:46am May 27, 2010 11:46am
Quoting T@rantula
Sydney will receive a cue from wall street, Tokyo likewise. If the things remain unchanged with double momentum divergence and adx crossing still on today's low it will break higher.

DOW will pull EU also...
Good point. They do tend to ride our coat tails (New York).
Capital Preservation is key to long term wealth accumulation
  • #248,936
  • May 27, 2010 11:48am May 27, 2010 11:48am
Quoting T@rantula
Sydney will receive a cue from wall street, Tokyo likewise. If the things remain unchanged with double momentum divergence and adx crossing still on today's low it will break higher as the stops will be triggered

DOW will push EU also
how accurate are the adx crossings?
  • #248,937
  • May 27, 2010 11:48am May 27, 2010 11:48am
Asia is not going to chance the whole pattern in the coming 24 hrs,...............and Sydney has NEVER been a strong mover anyhow, their volume is way too low.

Sticking to my original plan, NOTHING has changed.

Greece has not paid back a penny yet; Italy, Spain, Portugal, Ireland....... austerity issues also..................USA already technically bankrupt.

Trading forex is SOOO much fun at times.
  • #248,938
  • May 27, 2010 11:49am May 27, 2010 11:49am
Quoting 2+2=4ex
yea I know. I already moved stop to be+1 at +10 not going to take any chances since we are still inside the "canyon".
heck yeah, way i see it..we can always short it again higher, i just don't want to give anymore back
  • #248,939
  • May 27, 2010 11:49am May 27, 2010 11:49am
Quoting MuddBuddha
Good point. They do tend to ride our coat tails (New York).
HAhah coattail riders )))))
  • #248,940
  • May 27, 2010 11:51am May 27, 2010 11:51am
gather your own opinion:
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