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EURUSD

  • #249,821
  • May 30, 2010 12:35pm May 30, 2010 12:35pm
Quoting profxtrader
My favorite question... and that is based on what? Just doubt, TA, fundamentals?
I wrote doubt....did i said my prediction?
  • #249,822
  • May 30, 2010 12:39pm May 30, 2010 12:39pm
monthly r1 1.3041

s1 1.1827

weekly r1 1.248
s1 1.2109
  • #249,823
  • May 30, 2010 12:43pm May 30, 2010 12:43pm
EU used to be @ 0.8230 (oct-2000)

could we see it there again??

(((((just kiddin)))))
  • #249,824
  • May 30, 2010 12:46pm May 30, 2010 12:46pm
What a fickle crowd. We hit a speed bump after a heavy drop, and people are coming out of the woodwork to call a bottom, with probably no more skill than those who called the top halfway through last year.
  • #249,825
  • Edited 12:49pm May 30, 2010 12:47pm | Edited 12:49pm
the previous week 17 may to the 21 looks like a bearish pull back

the 23 to 28 looks like the sell part with a sellers test candle i.e the price went up but didnt stay up and went down to close as a down day

however there is a current suport at 1.21418 level

but a weekly s1 aty 1.21060
  • #249,826
  • May 30, 2010 12:51pm May 30, 2010 12:51pm
im looking for a sunday candle but
none yet

thou there is a small sell here on sunday

im going to sell this pair
  • #249,827
  • May 30, 2010 12:54pm May 30, 2010 12:54pm
Quoting Mr J
What a fickle crowd. We hit a speed bump after a heavy drop, and people are coming out of the woodwork to call a bottom, with probably no more skill than those who called the top halfway through last year.
Comment like this is uncalled for.
  • #249,828
  • May 30, 2010 12:55pm May 30, 2010 12:55pm
Quoting DudeSepii
Comment like this is uncalled for.
disagree think its good advice
  • #249,829
  • May 30, 2010 1:06pm May 30, 2010 1:06pm
Quoting swano
disagree think its good advice
Come on...u call this advice "What a fickle crowd. We hit a speed bump after a heavy drop, and people are coming out of the woodwork to call a bottom, with probably no more skill than those who called the top halfway through last year." Looks more like an insult to me.
  • #249,830
  • May 30, 2010 1:09pm May 30, 2010 1:09pm
there's is that possbility that we could be ranging if it bounces off the lower TL again. The bears are strong... so a big bounce up into the .27's+ doesn't look so likely in my humble opinion but again... anything can happen.
  • #249,831
  • May 30, 2010 1:12pm May 30, 2010 1:12pm
Quoting DudeSepii
I wrote doubt....did i said my prediction?
Well saying that you doubt it will get to 1.2000 is kind of a prediction. I was simply asking what you were basing that on. Don't be so sensitive.
Every time you use 'hopium' in a post, God kills a kitten.
  • #249,832
  • May 30, 2010 1:12pm May 30, 2010 1:12pm
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
1.2366 and 112.58 on eur/jpy interbank rates...where is that 100 pips spike coming from..., hhmmm
Being right is one, taking it from the table is two.
  • #249,833
  • May 30, 2010 1:13pm May 30, 2010 1:13pm
Quoting DudeSepii
Come on...u call this advice "What a fickle crowd. We hit a speed bump after a heavy drop, and people are coming out of the woodwork to call a bottom, with probably no more skill than those who called the top halfway through last year." Looks more like an insult to me.
No this is good advice

if you want to be a trader then you got to learn
your just a piece in a big puzzle

put all the pieces together you get the picture

you can tell what the puzzle is when you got enough pieces in it

you dont have to have all the pieces thou to get the picture either

so do you get the picture?
  • #249,834
  • May 30, 2010 1:16pm May 30, 2010 1:16pm
Quoting Now
1.2366 and 112.58 on eur/jpy interbank rates...where is that 100 pips spike coming from..., hhmmm
Where do you people get this data?
Every time you use 'hopium' in a post, God kills a kitten.
  • #249,835
  • May 30, 2010 1:18pm May 30, 2010 1:18pm
Quoting Now
1.2366 and 112.58 on eur/jpy interbank rates...where is that 100 pips spike coming from..., hhmmm
May i ask where you get that figures? Thank you.
  • #249,836
  • May 30, 2010 1:19pm May 30, 2010 1:19pm
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
http://www.ukforex.co.uk/cgi-bin/int....asp?sBase=EUR
Being right is one, taking it from the table is two.
  • #249,837
  • May 30, 2010 1:19pm May 30, 2010 1:19pm
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
But there is dicrepancy with:

http://www.xe.com/ucc/convert.cgi?Am...rom=EUR&To=USD
Being right is one, taking it from the table is two.
  • #249,838
  • May 30, 2010 1:27pm May 30, 2010 1:27pm
Hey people, keep your cool.

Whatever happens, you're not controlling the markets, and the market don't care about your microscopic bets and beliefs, so adjust your risk and relax...
Getting it right is NOT as important as not getting it wrong.
  • #249,839
  • May 30, 2010 1:30pm May 30, 2010 1:30pm
Quoting fxswing
Hey people, keep your cool.

Whatever happens, you're not controlling the markets, and the market don't care about your microscopic bets and beliefs, so adjust your risk and relax...
Thank you, I am really curious of how you can sleep at night with forex in your mind?
  • #249,840
  • May 30, 2010 1:31pm May 30, 2010 1:31pm
Quoting Now
But there is dicrepancy with:

http://www.xe.com/ucc/convert.cgi?Am...rom=EUR&To=USD
Not much of one

UK Forex

Attached Image


Xe.com

Attached Image (click to enlarge)
Click to Enlarge Name: XE.png Size: 22 KB


Something to consider, which was covered last week is Xe.com is a currency converter and who knows when or how they get their data.
Every time you use 'hopium' in a post, God kills a kitten.
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