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  • #251,421
  • Jun 2, 2010 5:18am Jun 2, 2010 5:18am
Good day for you all,

I think 1.2140 will be a strong support as it used to be in the past few weeks, and the price would test the upper bar of the triangle with ferocity, as showed on the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-06-02.jpg Size: 69 KB
  • #251,422
  • Jun 2, 2010 5:20am Jun 2, 2010 5:20am
nah! reject from 38.2(2260) fib level of yesterday`s long.
  • #251,423
  • Jun 2, 2010 5:22am Jun 2, 2010 5:22am
09:56 GMT

[EUR/USD] trading a fresh session peak at 1.2273 on the back of a UK buyer, or a central bank interest to buy Eur/Gbp.
  • #251,424
  • Jun 2, 2010 5:23am Jun 2, 2010 5:23am
Quoting rygel2001
nah! reject from 38.2(2260) fib level of yesterday`s long.
Unfortunatelly is rejected closed position +2 pips.
  • #251,425
  • Jun 2, 2010 5:28am Jun 2, 2010 5:28am
1.2235 Long
  • #251,426
  • Jun 2, 2010 5:28am Jun 2, 2010 5:28am
we r going to met US market 1.5 hours later so ,how dose market change
for it? something special?
  • #251,427
  • Jun 2, 2010 5:29am Jun 2, 2010 5:29am
2200 psychological barrier and 61.8 fib level to break before we go down.
  • #251,428
  • Jun 2, 2010 5:29am Jun 2, 2010 5:29am
Quoting Prosac_100Mg
Long 1.2212 :- 0.2 Lot SL :- None TP :- 2310

I think this has run out of steam time for a correction
Still holding long it just bounced of DP .

Analysis :- No chart but with every man and his dog selling this it can only go one way .
There is also the possibility of divine intervention
  • #251,429
  • Jun 2, 2010 5:34am Jun 2, 2010 5:34am
intersting chart from my follower lets see.
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  • #251,430
  • Edited 6:00am Jun 2, 2010 5:39am | Edited 6:00am
you know since the 21 of may we have not had a reversal on any major charts but for last friday
which was people taking some pay home and end of month stuff.

3 or 4 hour charts are good to look at

there is talk what happen yesterday, is the CBs of the big nations were sending a sign.
some say the sign is they will defend 1.20
but 1.22 or 1.21 can not be defended. I think that is right.

I do not even believe 1.2 can be held unless we have big changes

I made 400 pips yesterday and I am still selling the rallies
I am possitive and waiting for a big break
I will exite 1/2 at 1.21

teb
  • #251,431
  • Jun 2, 2010 5:44am Jun 2, 2010 5:44am
Big bullish divergence was formed on H4 exactly at 2120. Ill short on ADX high crossing or at a clear break of 2190 level
  • #251,432
  • Jun 2, 2010 5:56am Jun 2, 2010 5:56am
Quoting TEB63

there is talk what happen yesterday, is the CBs of the big nations were sending a sign. some say the sign is they will defend 1.20
but 1.22 or 1.21 can not be defended. I think that is right.

teb
No level other than zero can be defended.

They tried to defend GBP and George Soros killed it.
  • #251,433
  • Jun 2, 2010 6:01am Jun 2, 2010 6:01am
Quoting T@rantula
Big bullish divergence was formed on H4 exactly at 2120. Ill short on ADX high crossing or at a clear break of 2190 level
and long above 2257
  • #251,434
  • Jun 2, 2010 6:01am Jun 2, 2010 6:01am
Quoting six gun
No level other than zero can be defended.

They tried to defend GBP and George Soros killed it.
who is 'they'
  • #251,435
  • Jun 2, 2010 6:07am Jun 2, 2010 6:07am
i feel disgusted with this pair...
  • #251,436
  • Jun 2, 2010 6:16am Jun 2, 2010 6:16am
Quoting cannarek
who is 'they'
The central banks, who else?

Forex Legend: George Soros And The British Pound

http://www.articlesbase.com/finance-...nd-137964.html

"nothing is new in the world"
  • #251,437
  • Jun 2, 2010 6:18am Jun 2, 2010 6:18am
yoohooooo
  • #251,438
  • Jun 2, 2010 6:21am Jun 2, 2010 6:21am
EU is leaving the floor soon, down that is.
They think they are smarter than I am.
  • #251,439
  • Jun 2, 2010 6:23am Jun 2, 2010 6:23am
Quoting Z3iz3i
EU is leaving the floor soon.
Not being funny but how do you know this?
I am trying to learn.
  • #251,440
  • Jun 2, 2010 6:23am Jun 2, 2010 6:23am
EU is leaving the floor, yeah, but will it's cellar hold?
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