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EURUSD

  • #248,941
  • May 27, 2010 11:51am May 27, 2010 11:51am
Quoting uraceulose
heck yeah, way i see it..we can always short it again higher, i just don't want to give anymore back
starting to look good now. creeping down the SL now at be+5. don't want to trail it too close in case we get a runner like last week.
  • #248,942
  • May 27, 2010 11:51am May 27, 2010 11:51am
Doesn't go up, but doesn't come down, which isn't good... also volume is drying up and no falls... should continue going up in the next hours
  • #248,943
  • May 27, 2010 11:51am May 27, 2010 11:51am
Quoting 2+2=4ex
how accurate are the adx crossings?
It depends who compiled it Mine are pretty accurate as they have been filtered out.
  • #248,944
  • May 27, 2010 11:52am May 27, 2010 11:52am
So far, the large majority of traders seem to be enjoying the EUR/USD break to the upside; at least on Oanda's books.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 May. 27 14.49.gif Size: 12 KB
Capital Preservation is key to long term wealth accumulation
  • #248,945
  • May 27, 2010 11:54am May 27, 2010 11:54am
Quoting MuddBuddha
So far, the large majority of traders seem to be enjoying the EUR/USD break to the upside; at least on Oanda's books.
Nice showroom
  • #248,946
  • May 27, 2010 11:55am May 27, 2010 11:55am
Quoting MuddBuddha
So far, the large majority of traders seem to be enjoying the EUR/USD break to the upside; at least on Oanda's books.
Man I love that sig.- I spent 90% of my money on women and drink. The rest I wasted.
  • #248,947
  • May 27, 2010 11:56am May 27, 2010 11:56am
Quoting Leeson
Doesn't go up, but doesn't come down, which isn't good... also volume is drying up and no falls... should continue going up in the next hours
I think it will fall from this level , bear flag in the forming , 170pips flag pole but the bullish nature will be maintained there after .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #248,948
  • May 27, 2010 11:56am May 27, 2010 11:56am
Quoting uraceulose
heck yeah, way i see it..we can always short it again higher, i just don't want to give anymore back
third time down shorters became buyers... when they exit.. they pushed the dow ect. up.. when they pile back on rinse wash repeat till we break the floor. then all will say.. " i was short" with margin call email from their broker they will disappear.
those who can, do. those who cant, talk about those who can
  • #248,949
  • May 27, 2010 11:57am May 27, 2010 11:57am
Quoting fontu
I think it will fall from this level , bear flag in the foring , 170pips flag pole but the bullish nature will be maintained there after .
fontu
Hello fontu,

I see the snglish is improving
  • #248,950
  • May 27, 2010 11:59am May 27, 2010 11:59am
Quoting 2+2=4ex
Hello fontu,

I see the snglish is improving
LOL!
  • #248,951
  • May 27, 2010 12:00pm May 27, 2010 12:00pm
I hate to suggest short here ... But the PA is pointing for a short. Failure to break 1.2400 shows there is no momentum left now. Best option could be a short atleast for 50 to 100 pips.
  • #248,952
  • May 27, 2010 12:01pm May 27, 2010 12:01pm
The bulls are running out of short term steam...i'm looking for it to come back down before going further up tomorrow. I'm sitting this one out will look to short for a big move if and when we get above 1.25 or higher.
Former Trader Of the Year of the 95% losing club! Retired
  • #248,953
  • May 27, 2010 12:01pm May 27, 2010 12:01pm
Welcome to what Donnie and I have been seeing for the past hr or so.
  • #248,954
  • May 27, 2010 12:03pm May 27, 2010 12:03pm
Now the Open Orders chart does show an uphill battle as SHORT orders are placed all over the place in heavy numbers:
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Click to Enlarge Name: ScreenHunter_02 May. 27 14.58.gif Size: 32 KB
Capital Preservation is key to long term wealth accumulation
  • #248,955
  • May 27, 2010 12:03pm May 27, 2010 12:03pm
closed my long at 2370
those who can, do. those who cant, talk about those who can
  • #248,956
  • May 27, 2010 12:04pm May 27, 2010 12:04pm
Quoting Rgali1
The bulls are running out of short term steam...i'm looking for it to come back down before going further up tomorrow. I'm sitting this one out will look to short for a big move if and when we get above 1.25 or higher.
yea, I'm staying out right now also. I'm already positioned in AU. Gonna go eat and visit grandmother. c u guys later.
  • #248,957
  • May 27, 2010 12:04pm May 27, 2010 12:04pm
Quoting Freddyfx
Welcome to what Donnie and I have been seeing for the past hr or so.

what, a retrace?..........its common knowledge that after a move up a retracement happens.
  • #248,958
  • May 27, 2010 12:04pm May 27, 2010 12:04pm
Any one else think Dow will loose most of its gains between now and close? They have been doing a lot of drastic things right before close lately!
Former Trader Of the Year of the 95% losing club! Retired
  • #248,959
  • May 27, 2010 12:05pm May 27, 2010 12:05pm
Quoting fontu
I think it will fall from this level , bear flag in the forming , 170pips flag pole but the bullish nature will be maintained there after .
fontu
so you mean can go short from here/??

Ub
  • #248,960
  • May 27, 2010 12:05pm May 27, 2010 12:05pm
Quoting 2+2=4ex
Man I love that sig.- I spent 90% of my money on women and drink. The rest I wasted.
That remaining 10% is all I have left to trade with!
Capital Preservation is key to long term wealth accumulation
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