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EURUSD

  • #249,321
  • May 28, 2010 5:38am May 28, 2010 5:38am
Looking at next 5min close...
They think they are smarter than I am.
  • #249,322
  • Edited 5:59am May 28, 2010 5:40am | Edited 5:59am
Quoting TudorJonesJR
starting and second candle are important, i saw that my startingpoint was a bit of...
this one is better... good lesson for next time... be more precise....

from my standard Interactive Brokers platform.
On my chart TL is broken, TL is correct because it use magnetic trendline function to low/high so there is no human factor - TL is broken

only if you use charts which includes weekends, than YES, TL is touched and NOT broken yet
No crystal ball. I read the cards.
  • #249,323
  • May 28, 2010 5:43am May 28, 2010 5:43am
Quoting T.E.Lawrence
maybe yes.......maybe no........stupid answer? Welcome to Forex, son!
i keep looking about this
  • #249,324
  • May 28, 2010 5:44am May 28, 2010 5:44am
Quoting Petit Belge
Hello everyone,

i am especially looking at the montly chart these days. if we close the month below the previous monthly low (2340), would mean we get a strong bearisch signal at that chart?
isn't that what ECB, Germany, etc are trying to avoid?
oops, this one
  • #249,325
  • May 28, 2010 5:45am May 28, 2010 5:45am
I will consider to sell @2340
You cannot learn better without losing
  • #249,326
  • May 28, 2010 5:54am May 28, 2010 5:54am
5m http://img534.imageshack.us/img534/5...ture1fs.th.png

15m
http://img227.imageshack.us/img227/2...ture2wj.th.png

30m
http://img203.imageshack.us/img203/1...ture3hl.th.png

Seems to be a reasonable bounce, target 2386, aiming for 2313-2323
  • #249,327
  • May 28, 2010 5:54am May 28, 2010 5:54am
I am looking for small bounce and then hard sell here.

Price action looks like all tops (price) relative to time are getting lower and bottoms as well.
They think they are smarter than I am.
  • #249,328
  • May 28, 2010 6:06am May 28, 2010 6:06am
Quoting Z3iz3i
I am looking for small bounce and then hard sell here.

Price action looks like all tops (price) relative to time are getting lower and bottoms as well.
They think they are smarter than I am.
  • #249,329
  • May 28, 2010 6:09am May 28, 2010 6:09am
short @2388, sl 40 pips

Attached Image (click to enlarge)
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  • #249,330
  • May 28, 2010 6:12am May 28, 2010 6:12am
Quoting T.E.Lawrence
short @2388, sl 40 pips

Attachment

Thanks,

Mee too,

Still keep my Shorts

Selling on Rally

No stop now
  • #249,331
  • May 28, 2010 6:13am May 28, 2010 6:13am
Looks like the bulls has ran out of steam
  • #249,332
  • May 28, 2010 6:27am May 28, 2010 6:27am
1.2390 fight , I'm getting tired..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #249,333
  • May 28, 2010 6:28am May 28, 2010 6:28am
Quoting DudeSepii
Looks like the bulls has ran out of steam
Funny how price retraced off level 1.2450. It's an odd level to call a retracement on. I wouldn't hold shorts long, in any case. I'll expect a reversal near 1.24 or 1.2450
  • #249,334
  • May 28, 2010 6:30am May 28, 2010 6:30am
It summer time I'll wear my shortssssssssssss
  • #249,335
  • May 28, 2010 6:30am May 28, 2010 6:30am
Quoting SkyzerFX
1.2390 fight , I'm getting tired..
are you still long?
  • #249,336
  • May 28, 2010 6:31am May 28, 2010 6:31am
I am short since 2411, directly after the new candle started. Have lowered my SL to BE. Anyway not expecting a rather big move down, a couple of 50 pips before the bulls buy in again.

Anticipating this big move up came from somewhere so most likely it will continue to drift up.
  • #249,337
  • May 28, 2010 6:32am May 28, 2010 6:32am
Quoting SkyzerFX
1.2390 fight , I'm getting tired..
yes, because there is fib, support and wishes to move price up till bad news will come back again
No crystal ball. I read the cards.
  • #249,338
  • May 28, 2010 6:35am May 28, 2010 6:35am
Quoting Carnegie
I am short since 2411, directly after the new candle started. Have lowered my SL to BE. Anyway not expecting a rather big move down, a couple of 50 pips before the bulls buy in again.

Anticipating this big move up came from somewhere so most likely it will continue to drift up.
Big green candle open price at 1.2384-85 shows to be hard to get pass.

So, there is probably big Swissy bull defending because same time eur/chf came back to life.
They think they are smarter than I am.
  • #249,339
  • May 28, 2010 6:38am May 28, 2010 6:38am
Quoting intery
yes, because there is fib, support and wishes to move price up till bad news will come back again
http://img9.imageshack.us/img9/1599/picture4ge.th.png
  • #249,340
  • May 28, 2010 6:41am May 28, 2010 6:41am
kicking MYSELF FOR DELETING MY 2445 SHORT ORDERS Gator called it and then I saw it on a projection. But I think we might get a better sell price 2490 drop. Ur thoughts?

Just noticed we're back under 2400.
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