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EURUSD

  • #258,801
  • Jun 16, 2010 7:25am Jun 16, 2010 7:25am
Quoting Orbital
We're about to enter a huge fucking downtrend movement, be prepraed, im expecting at least 300 pips down. Im preparing to enter short positions now.
How do you know that until the support line has been breeched. Again, I'm just asking.
  • #258,802
  • Jun 16, 2010 7:26am Jun 16, 2010 7:26am
Quoting Orbital
We're about to enter a huge fucking downtrend movement, be prepraed, im expecting at least 300 pips down. Im preparing to enter short positions now.
use tight stops man.........
  • #258,803
  • Jun 16, 2010 7:26am Jun 16, 2010 7:26am
Quoting PipVip
Why the sell?

If you have no logical reason, that's OK too. I'm just asking.
Peace.
DOW futures are down 50 points, Markets are red.

Wait and see for the reason..

Besides I didn't say sell with 0.86 target. When Markets selling off

I Expect S1 instead of R1
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  • #258,804
  • Jun 16, 2010 7:28am Jun 16, 2010 7:28am
OK, makes sense. We'll let it play out. Thanks.
  • #258,805
  • Jun 16, 2010 7:30am Jun 16, 2010 7:30am
Quoting PipVip
OK, makes sense. We'll let it play out. Thanks.
I'm pretty sure Skyzer is joking around most of the time.
  • #258,806
  • Jun 16, 2010 7:31am Jun 16, 2010 7:31am
Quoting USD-Bear
1.2230 now?

Attachment
Too much fight between bulls and bears.
Closed my short @ 1.226 (+85) and waiting for good long entry
Don't be a hero. Don't have an ego. Always question yourself
  • #258,807
  • Jun 16, 2010 7:31am Jun 16, 2010 7:31am
keep short and try to long, if it fall further than no problem

now pivot is broken, let's see if price break one of TLs
Attached Image
No crystal ball. I read the cards.
  • #258,808
  • Jun 16, 2010 7:32am Jun 16, 2010 7:32am

http://www.arabictrader.com/vb/uploa...1_16062010.gif

  • #258,809
  • Jun 16, 2010 7:33am Jun 16, 2010 7:33am
Quoting Mr J
I'm pretty sure Skyzer is joking around most of the time.
What ya mean?

Housing (may) down 10%.. Dollar should go up and markets down,

logically..

Uptrend support line didn't breach yet.. But it should, prior the Market Open..
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  • #258,810
  • Jun 16, 2010 7:35am Jun 16, 2010 7:35am
we're playing around the m30 100 ema...a valid support till now...closed a little tiny short for only +10..... still have to get back 1.3% of my balance.....but i don't trust this situation....
if i think that i lost the downward movement of this morning cause i was stuck in the traffic i get mad...!
  • #258,811
  • Jun 16, 2010 7:35am Jun 16, 2010 7:35am
Quoting SkyzerFX
What ya mean
I think you like to lead people on, such as your suggestions of a massive reversal and usd bearishness. Much like you euro bullishness for the last 6 months...
  • #258,812
  • Jun 16, 2010 7:37am Jun 16, 2010 7:37am
Quoting mfoste1
i was thinking the same, however, i dont counter trend.......but if i were to buy 2258-60 might be a good spot to enter....(35 pip stop) 50 fib and current tl intersection....
man..u don't get the joke, huh..
I'm learning to trust my own charts..
  • #258,813
  • Jun 16, 2010 7:40am Jun 16, 2010 7:40am
Quoting Anis
man..u don't get the joke, huh..
ohh i get the joke....hes the ultimate contrarian indy
  • #258,814
  • Jun 16, 2010 7:40am Jun 16, 2010 7:40am
Quoting mfoste1
use tight stops man.........
http://img16.imageshack.us/img16/798/picture8aj.th.png

Heres my analysis, we will bounce of the Median line of the current downfork(green) to hit the Pinkish circle and start a small bull movement upwards. Whereupon it should not go higher than the indicated yellow circle, ideally this move wouldnt be more than 60-70 pips in a spike to flush out the stops which are in place, whereupon the Bear pressure can kick in and drive this down to 1.19 or lower. This could take up till next week and is a longterm play. Ofcourse this could also completely be blown to shit and just continue rising i just like the odds of this going back down a lot more, theres a lot of stuff on the graph which you cant see but yeah this is what im playing at right now.

So Ill be entering shorts as soon as i see that spike bull wave/movement up and will be keeping those shorts till 1.19.
  • #258,815
  • Jun 16, 2010 7:42am Jun 16, 2010 7:42am
Quoting Mr J
I think you like to lead people on, such as your suggestions of a massive reversal and usd bearishness. Much like you euro bullishness for the last 6 months...
Well, if it drops to Support 1, this doesn't mean uptrend is over..

Just when Market ready to tank, more reasons for EU to be flat

or down..
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  • #258,816
  • Jun 16, 2010 7:43am Jun 16, 2010 7:43am
Quoting Orbital
We're about to enter a huge fucking downtrend movement, be prepraed, im expecting at least 300 pips down. Im preparing to enter short positions now.
i do agree with u..H4 and D1 look bearish to me..
I'm learning to trust my own charts..
  • #258,817
  • Jun 16, 2010 7:43am Jun 16, 2010 7:43am
Well we're reacting to the channel, looks like there's a reasonable chance we form a 1h/4h pivot.
  • #258,818
  • Jun 16, 2010 7:45am Jun 16, 2010 7:45am
I just draw lines.
If it bounces, I go with it.
If it breeches, I go with it.
  • #258,819
  • Jun 16, 2010 7:46am Jun 16, 2010 7:46am
today i made 90 pips on my demo on the real thing i made 40 pip loss....
watching to much the forum here...
  • #258,820
  • Jun 16, 2010 7:49am Jun 16, 2010 7:49am
Christian Teglund Blaabjerg wrote his stance this morning as follows :


Buy here, or dips below 1.23, for a rebound abv 1.2350, tgt 1.2420. Stop below 1.2230

Looks still weak - but could see some upside potential from here - 1.226xx levels atm

Corrective in nature



;-)
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