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EURUSD

  • #249,921
  • May 30, 2010 4:28pm May 30, 2010 4:28pm
France warns on credit rating
LONDON (Reuters) - France admitted on Sunday that keeping its top-notch credit rating would be "a stretch" without some tough budget decisions, following German hints that Berlin may resort to raising taxes to help bring down its deficit.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #249,922
  • May 30, 2010 4:32pm May 30, 2010 4:32pm
Quoting egkid
Hi
I have checked some of your post , Good stuff
Can i ask what your favorite number?
7 is my lucky #, but sometimes I like 13. What are you asking exactly?

And thanks for the compliment, but I'm sure it wasn't in this thread. I blow off steam here. I post charts in chart threads
Every time you use 'hopium' in a post, God kills a kitten.
  • #249,923
  • May 30, 2010 4:32pm May 30, 2010 4:32pm
First long in, pending at 1.2100, good night from me to all of you.
  • #249,924
  • May 30, 2010 4:33pm May 30, 2010 4:33pm
Quoting bbakker
1.17xx is the area for a swing trade, not before. Check your monthly EU charts.

This is why I don't post anything of real substance anymore. My last swing trade, I posted all sorts of great analysis as to why I thought that 1.35 was the beginning of a big swing higher. All I did was have to justify my positions and have just about everybody tell me what an idiot I was.

16 big figs and $100k later, I was right.

See, nobody respects things that they don't agree with. This dude didn't post, I like 1.17 area as a swing trade, I guess I don't see what you see. The large majority are absolute in their convictions here, which is lunacy.

Cheerio
"Timing Is Everything. Really I Swear It Is"
  • #249,925
  • May 30, 2010 4:34pm May 30, 2010 4:34pm
Quoting profxtrader
7 is my lucky #, but sometimes I like 13. What are you asking exactly?
e/u Give a guess number for this week LOL
  • #249,926
  • May 30, 2010 4:35pm May 30, 2010 4:35pm
Quoting suthmo
Buy 2266

4am .2351
8am .2351 2382 Sell
10am .2200 Bounce Buy
5PM .2400 attempt sell
21:00 .2300 buy
22:00 .2500

I am with you on that forecast. Don't tell everybody
  • #249,927
  • May 30, 2010 4:36pm May 30, 2010 4:36pm
Quoting egkid
e/u Give a guess number for this week LOL
I'd guess a buck 18 conservatively, but someone else just posted 1.17 which I wholeheartedly agree with, I"m just going to cut it a bit shorter as I have a trip coming up.
Every time you use 'hopium' in a post, God kills a kitten.
  • #249,928
  • May 30, 2010 4:36pm May 30, 2010 4:36pm
Quoting ubaidahsan
is it for a week or intra day?can you put with date lol

Ub
That's just today 635 pips up for grabs.
Founder of Sutherland Wave Principle
  • #249,929
  • May 30, 2010 4:38pm May 30, 2010 4:38pm
Quoting suthmo
Buy 2266

4am .2351
8am .2351 2382 Sell
10am .2200 Bounce Buy
5PM .2400 attempt sell
21:00 .2300 buy
22:00 .2500
Hey man, if the price does not reach say 2351 by 4 am to you consider forecast void and re-calculate? If the price hits say 2200 @ 10 am after 2351 do you then go with it all the way or what point to you decide whether it's working or not?
  • #249,930
  • May 30, 2010 4:40pm May 30, 2010 4:40pm
Quoting TexasforEX
Here's a question to the enlightend in the bunch.


If 95% of the people think the euro is obviously going down

&

95% of people loose money in foreign exchange

what will the euro do?
That's exactly my thought, nevertheless I trade based on S&R and P.A. most of the time. Fundamentals just a support. But I can't get that thought out of my mind. "If everybody is selling, something is wrong"
  • #249,931
  • May 30, 2010 4:42pm May 30, 2010 4:42pm
Quoting kandarv
That's exactly my thought, nevertheless I trade based on S&R and P.A. most of the time. Fundamentals just a support. But I can't get that thought out of my mind. "If everybody is selling, something is wrong"
For the VERY SIMPLE reason that most are demo traders, so they don't feel it.
  • #249,932
  • May 30, 2010 4:48pm May 30, 2010 4:48pm
Quoting uraceulose
Hey man, if the price does not reach say 2351 by 4 am to you consider forecast void and re-calculate? If the price hits say 2200 @ 10 am after 2351 do you then go with it all the way or what point to you decide whether it's working or not?
Good question. Time can be +/- 1 or two hours. Levels sometimes fall short or go over a little. Sometimes it skips a bit and goes on to the next level. Sometimes it's perfect hour for hour. I just consider it along with conventional analysis.
Founder of Sutherland Wave Principle
  • #249,933
  • May 30, 2010 4:50pm May 30, 2010 4:50pm
Quoting Freddyfx
For the VERY SIMPLE reason that most are demo traders, so they don't feel it.

Exactly - demo traders is somehow a bit like porn watchers. Ha !

Just a thought - sorry
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #249,934
  • May 30, 2010 4:50pm May 30, 2010 4:50pm
http://www.reuters.com/article/idUSTRE64R35J20100530
  • #249,935
  • May 30, 2010 4:50pm May 30, 2010 4:50pm
Quoting Freddyfx
For the VERY SIMPLE reason that most are demo traders, so they don't feel it.
Don't get me wrong, I'm positive we'll see a EURUSD 1.17 or below by the end of year. Just don't know the betweens.
  • #249,936
  • May 30, 2010 4:52pm May 30, 2010 4:52pm
Quoting Forexfsa
http://www.reuters.com/article/idUSTRE64R35J20100530
We should be having a market response by now. But market is stall.
  • #249,937
  • May 30, 2010 4:54pm May 30, 2010 4:54pm
Quoting Troder
to where we can see eur usd up anyone have idea plz wait for reply iam in buy order i close or what i do any advice?
That question should have you wondering if you know what youre doing, your charts should tell ya,

but look my previous post

http://www.forexfactory.com/showpost...stcount=249916

hope it helps in short term
  • #249,938
  • May 30, 2010 4:57pm May 30, 2010 4:57pm
Quoting Forexfsa
http://www.reuters.com/article/idUSTRE64R35J20100530
That is history, was known last week already.
  • #249,939
  • May 30, 2010 4:58pm May 30, 2010 4:58pm
Quoting kandarv
Don't get me wrong, I'm positive we'll see a EURUSD 1.17 or below by the end of year. Just don't know the betweens.

I like that, you are POSITIVE for the EU to be NEGATIVE.

You must be working for the government.
  • #249,940
  • May 30, 2010 4:59pm May 30, 2010 4:59pm
Quoting Forexfsa
http://www.reuters.com/article/idUSTRE64R35J20100530
Ach - jo jo jo - hey - FRANCE is not a 'banana republic' - then VWD Eschborn (German Reuters Services) will rate the USA down soon as well. Ha ! ! !
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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