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EURUSD

  • #249,201
  • May 28, 2010 2:07am May 28, 2010 2:07am
Quoting onemind
Going short if she bounces off 2400, no longs on euro ever.
what is she goes no higher then 2374?
those who can, do. those who cant, talk about those who can
  • #249,202
  • May 28, 2010 2:08am May 28, 2010 2:08am
Then i play xbox and wait till tomorrow for new setup.
  • #249,203
  • May 28, 2010 2:11am May 28, 2010 2:11am
Sorry about the levels. This is what I see here..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro113.png Size: 239 KB
Click to Enlarge Name: euro115.png Size: 194 KB
  • #249,204
  • May 28, 2010 2:12am May 28, 2010 2:12am
http://img202.imageshack.us/img202/3...ture8cb.th.png

We shall see what happens, im seeing 2 major downward channels and 2 smaller downward channels aswell as 1 upward channel.
  • #249,205
  • May 28, 2010 2:12am May 28, 2010 2:12am
You ready for Hurricane season? I'll be back in Florida for about a month, but plan to escape before August.
All that is left in FF is just plain garbage. "Cloggie"
  • #249,206
  • May 28, 2010 2:16am May 28, 2010 2:16am
price to retrace to 1.2324. After that, stand aside as it could get rocky.
  • #249,207
  • May 28, 2010 2:19am May 28, 2010 2:19am
Quoting gatorinla
what is she goes no higher then 2374?
Then a typical bull failure leads to sky fall effects to much lower levels again .
Perhaps if next try up from 1.2328/17/11/06 -1.2267.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #249,208
  • May 28, 2010 2:23am May 28, 2010 2:23am
london boys surely know how to clear the books too
  • #249,209
  • May 28, 2010 2:29am May 28, 2010 2:29am
no clear direction.
last 2 weeks trendline is bull(shit)
You cannot learn better without losing
  • #249,210
  • May 28, 2010 2:30am May 28, 2010 2:30am
2340 will decide...
Money is made by sitting, not trading. Jesse L. Livermore
  • #249,211
  • May 28, 2010 2:30am May 28, 2010 2:30am
Quoting onemind
Then i play xbox and wait till tomorrow for new setup.
You shouldn't get much setup... tomorrow
Getting it right is NOT as important as not getting it wrong.
  • #249,212
  • May 28, 2010 2:30am May 28, 2010 2:30am
Quoting forexings
no clear direction.
last 2 weeks trendline is bull(shit)
Could be a tight ranging day after yesterday's big move and there is no significant news.
  • #249,213
  • May 28, 2010 2:33am May 28, 2010 2:33am
even bull sets trendline but bear can back at any time.
may be now or later. who knows
I can't trust this bull(shit)
You cannot learn better without losing
  • #249,214
  • May 28, 2010 2:36am May 28, 2010 2:36am
Quoting fontu
Then a typical bull failure leads to sky fall effects to much lower levels again .
Perhaps if next try up from 1.2328/17/11/06 -1.2267.
fontu
keep that one in mind.. in case we don't come back here again.. my red chart and our center is off by 14 pips.. not to say it is.. but going back in time it looks like pa believes this on long term charts. i have a few examples but no point in showing them yet.. but i will assume pa thinks 2144 is the 50% mid. from the other examples i remember.. right or wrong..
those who can, do. those who cant, talk about those who can
  • #249,215
  • May 28, 2010 2:39am May 28, 2010 2:39am
Quoting tonyo524
You ready for Hurricane season? I'll be back in Florida for about a month, but plan to escape before August.
sos... wife takes a vacation for a week to a few months.. and i guard the fort.
those who can, do. those who cant, talk about those who can
  • #249,216
  • May 28, 2010 2:39am May 28, 2010 2:39am
This m5 candle close can trigger a bear movement or 2 m30 to wait, 1.2367 again for down or a small sky falling ? can expect bull after the end of the 2, go low now for next try up if possible .33 or low >67>low .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #249,217
  • May 28, 2010 2:41am May 28, 2010 2:41am
My play for today:

I'll go long as long as 1.2275 isn't breached, targeting 1.2445/1.2505/1.2565.
If 1.2275 is breached, then I'll take shorts on a bounce, targeting a new low below 1.2144.

Currently in longs from 1.2306... target 1.2445+ stops below 1.2275
Getting it right is NOT as important as not getting it wrong.
  • #249,218
  • May 28, 2010 2:48am May 28, 2010 2:48am
Quoting No Stress
SL locked at entry point. Waiting to see if breaking easily 1.2297 or not. If yes, looking how EU will do with 1.2143. If it will go through, 1.17 will not impossible to touch.

Good trading for all
Still holding my short as free trade from 1.2385.

Let's see what happen and why i am confident on short move:
EU touching 38.2% retrace made a rally around 60 pips. Passing through, hit 50% retrace and going slightly down then rally again for around 80 pips. Could not come back at the old peak and fall again. Expecting again a resistance at 50% and 61.8% and after going south.
1.2143 remains the key to be rocked to south at 1.17.

We'll see.

Good trading for all.
No Signal, No Trade. No fundamenals, No headache.
  • #249,219
  • May 28, 2010 2:50am May 28, 2010 2:50am
Quoting uraceulose
I wouldn't think so either fontu. if bears are gonna move it, i think it will be soon, 4 hr is reason why for me. i also have other pairs lining up atm(short term, 2294 might work) for eu short..it really could go either way so i'm just starting with one small one.
im gonna add 14 pips to 2130/33 and 2360.. you asked about this earlier and i didnt put it together.. but 14 pops up a lot.. for red chart only..
those who can, do. those who cant, talk about those who can
  • #249,220
  • May 28, 2010 2:54am May 28, 2010 2:54am
Looks like a bull setup.

In 30min and 5min tf cup and handle. Handle rests at 30min supporting trendline right now.

But,

Pretty messy right now, price inside 30min triangle, need to look very short timeframes to get into the direction.
They think they are smarter than I am.
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