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EURUSD

  • #251,621
  • Jun 2, 2010 10:21am Jun 2, 2010 10:21am
Quoting Trad3r
It's more like this:
But bears have not enough money at this moment, so... EURUSD will bounce back to 1.26 soon.
Why will it goes back to 1.26 soon?
Smile Chankl78
  • #251,622
  • Jun 2, 2010 10:24am Jun 2, 2010 10:24am
Quoting chankl78
Why will it goes back to 1.26 soon?
because he read that somewhere.......lol
  • #251,623
  • Jun 2, 2010 10:24am Jun 2, 2010 10:24am
Quoting Trad3r
It's more like this:



Only a big big bear can break it:

http://www.trampoline.com/images/wal...ine_broken.jpg

But bears have not enough money at this moment, so... EURUSD will bounce back to 1.26 soon.
Haha, that's good metaphoric *gg*
  • #251,624
  • Jun 2, 2010 10:25am Jun 2, 2010 10:25am
Quoting uraceulose
wow....
i bait the hook on 5 or 6 a day.. sometimes more.. if i get 1 or 2 its fine..sometimes you get them all.. sometimes none..
those who can, do. those who cant, talk about those who can
  • #251,625
  • Jun 2, 2010 10:31am Jun 2, 2010 10:31am
Noticed on my 15 min chart my 200 EMA line has now crossed under the 2250 line.
Only expectation matters . . .
  • #251,626
  • Jun 2, 2010 10:31am Jun 2, 2010 10:31am
Pressure for release on all time frames - this is gunna be fun at some point -

Attached Image


be nimble; be quick -
Pip what you see; See what you pip!
  • #251,627
  • Jun 2, 2010 10:32am Jun 2, 2010 10:32am
Man this is such a slow day, I'm falling asleep watching this.
  • #251,628
  • Jun 2, 2010 10:32am Jun 2, 2010 10:32am
i got clipped out of two scalps. I'm done with this pair for the day. see what the pound is up to.
  • #251,629
  • Jun 2, 2010 10:43am Jun 2, 2010 10:43am
Quoting chankl78
Why will it goes back to 1.26 soon?
We are in a lateral market near 2 important resistances: a down trend of the last months and the 1.2444 resistance, when the EURUSD will break the trendline, the next stop will be at 1.24, then it go back a few pips and then, will break the next resistance at 1.2444, after this, the next stop will be at 1.26, the decisive resistance, after this it's hard knowing what's happen next, it depends of the news. The US unemployment data of this friday will be decisive.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 18 KB


The other option is that a big big bear appears to continue the down trend, but for the moment it seems improbable (not impossible).
  • #251,630
  • Jun 2, 2010 10:45am Jun 2, 2010 10:45am
taking a break.
  • #251,631
  • Jun 2, 2010 10:46am Jun 2, 2010 10:46am
Quoting Trad3r
It's more like this:

http://www.fitness-online.fr/images/trampoline-1-m.jpg

Only a big big bear can break it:

http://www.trampoline.com/images/wal...ine_broken.jpg

But bears have not enough money at this moment, so... EURUSD will bounce back to 1.26 soon.
yes anything happen if wants to but should not happen one sided even a suicidal tendency it exibiting recently.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #251,632
  • Jun 2, 2010 10:48am Jun 2, 2010 10:48am
Anyone have any opinions about shorting the EJ right now?
  • #251,633
  • Jun 2, 2010 10:49am Jun 2, 2010 10:49am
Quoting swano
im selling again

why wont this thing move

its boring me bad

havnt lost anything thou

buty man boring stuff move already
Try looking at the big picture.
Have you been watching the WEEKLY chart lately?
Well, it seems EUR/USD is overbought for the last 4 weeks so we might see a rebound soon.
If we ad the fact that there is a dnt protected by China in place, we can conclude that EUR/USD is unlikely to go further down.

Just my 2 cents
  • #251,634
  • Jun 2, 2010 10:52am Jun 2, 2010 10:52am
It looks like the EUR under so much pressure. DXY made lower low but EU can't get higher high! This pair may drop hard if DJ retreated.
  • #251,635
  • Jun 2, 2010 10:53am Jun 2, 2010 10:53am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Man, what a su/**ing choppy session,
Being right is one, taking it from the table is two.
  • #251,636
  • Jun 2, 2010 10:54am Jun 2, 2010 10:54am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting longnt
It looks like the EUR under so much pressure. DXY made lower low but EU can't get higher high! This pair may drop hard if DJ retreated.
Yeah, stocks up, eur stuck......grrrrrrrrrrrr.
Being right is one, taking it from the table is two.
  • #251,637
  • Jun 2, 2010 10:56am Jun 2, 2010 10:56am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting stevefx
Anyone have any opinions about shorting the EJ right now?
not my bet, there is jpy negative sentiment and eur is in indecision => result choppy trade with upside potential (due to yen weakness).
Being right is one, taking it from the table is two.
  • #251,638
  • Jun 2, 2010 10:58am Jun 2, 2010 10:58am
Quoting stevefx
Anyone have any opinions about shorting the EJ right now?
I shorted 112.35 2 hours ago and t/p at 111.80. Anything below 112.85 is good. Above it go for long
  • #251,639
  • Jun 2, 2010 10:59am Jun 2, 2010 10:59am
Quoting Now
not my bet, there is jpy negative sentiment and eur is in indecision => result choppy trade with upside potential (due to yen weakness).
okay, thanks for the feedback
  • #251,640
  • Jun 2, 2010 11:00am Jun 2, 2010 11:00am
closed longs on Eur/Cad. Lost 3 days win average.
Today they got me.

This market is roulette and manipulated this time. Technical Issue doesn't make sense at all.
PA changed drastically, be prepared to get crushed in the field.
I'm off

bye Jack
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