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EURUSD

  • #258,861
  • Jun 16, 2010 7:11am Jun 16, 2010 7:11am
Quoting Prosac_100Mg
dont try to get the tops or bottoms
It's fine if you can do it. Some can, some can't.
  • #258,862
  • Edited 7:25am Jun 16, 2010 7:12am | Edited 7:25am
US markets pushing hard ... as always, the last hour will tell the truth.

S&P500 @ 1120+ is a sell for me, could get a good dive from there, if we can push there.

AUD/USD still not participating, no new high...

Oil can't stay above 77.00 so far.

Bulls still have control as long as we don't get that 1.2168 point.

We'll see what happens, still shorting above 1.2317 here...
Getting it right is NOT as important as not getting it wrong.
  • #258,863
  • Jun 16, 2010 7:14am Jun 16, 2010 7:14am
EUR broke 1.2309-1.2320 once and seems to rest for going up to 1.2440 zone
Attached Image (click to enlarge)
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  • #258,864
  • Jun 16, 2010 7:16am Jun 16, 2010 7:16am
http://euobserver.com/9/30293
Andreyou
  • #258,865
  • Jun 16, 2010 7:24am Jun 16, 2010 7:24am
liquidity is running hard with bidders, we could see 2406 soon.....

might be some resistance @ 2331-33
  • #258,866
  • Jun 16, 2010 7:25am Jun 16, 2010 7:25am
Bears ... its ok to get your snouts in the trough now !
  • #258,867
  • Jun 16, 2010 7:27am Jun 16, 2010 7:27am
Trying to work at 5min timeframe with TLs and HA.

Burning eyes, but interesting... and not bad for pocket. Is that scalping or not?



Attached Image (click to enlarge)
Click to Enlarge Name: scrn 2010-06-16 ? 16.21.57.png Size: 38 KB
No crystal ball. I read the cards.
  • #258,868
  • Jun 16, 2010 7:28am Jun 16, 2010 7:28am
Quoting Prosac_100Mg
Jesus H christ :- Fontu if you dont know where its going we are all doomed , doomed i say . Nice colourfull chart there .
Thanks for reply , not understand though . not me nobody can know things all times. anyway fighting my own way again as of still confused due less sleep perhaps & take responsibilities for my own & act likewise .possible pa . anyway longs preferences was there at 1.2278 & below but not taken/activated yet.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #258,869
  • Jun 16, 2010 7:34am Jun 16, 2010 7:34am
nice analyze fontu!!
  • #258,870
  • Jun 16, 2010 7:37am Jun 16, 2010 7:37am
Quoting givemeworld
why this action



Please explain
Previous top @ 1.2307 and previous support which becomes resistance at same level see my previous chart.
SL was too small, damn....
Don't be a hero. Don't have an ego. Always question yourself
  • #258,871
  • Jun 16, 2010 7:41am Jun 16, 2010 7:41am
Quoting USD-Bear
Previous top @ 1.2307 and previous support which becomes resistance at same level see my previous chart.
SL was too small, damn....
followed you on that trade got burned...... auch
  • #258,872
  • Jun 16, 2010 7:43am Jun 16, 2010 7:43am
Quoting Vladimir1987
nice analyze fontu!!
Thanks , afterall there should bull to come after with full strength when this movements be over , here or there . so bull pattern /flag only comes in mind /intuition .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #258,873
  • Jun 16, 2010 7:47am Jun 16, 2010 7:47am
Watching oil, for clues...
Attached Image (click to enlarge)
Click to Enlarge Name: OIL 1H 16-06-2010 16-43-14.png Size: 57 KB
Getting it right is NOT as important as not getting it wrong.
  • #258,874
  • Jun 16, 2010 7:48am Jun 16, 2010 7:48am
Quoting andreypu
http://euobserver.com/9/30293
Anoher hold up for more benefits is all this is from the Slovaks
  • #258,875
  • Jun 16, 2010 7:48am Jun 16, 2010 7:48am
Quoting Vladimir1987
followed you on that trade got burned...... auch
Sorry to hear that, there was a chance with good r/r, well all in the game....
Don't be a hero. Don't have an ego. Always question yourself
  • #258,876
  • Jun 16, 2010 7:51am Jun 16, 2010 7:51am
Go short just now at 1.2305 and if prices would move more up take one more short at Pivot D R2 1.2461 and again near the 1.2503 mR3 Label.
  • #258,877
  • Jun 16, 2010 7:52am Jun 16, 2010 7:52am
Quoting Prosac_100Mg
True so True the actual trading part of this profesion seem straight forward ,just go with the moves , dont try to get the tops or bottoms but the bit in the middle . ect ect ect the only thing i need to beat is myself
Quoting Mr J
It's fine if you can do it. Some can, some can't.
I can. I buy = top.
I short = bottom.
  • #258,878
  • Jun 16, 2010 7:54am Jun 16, 2010 7:54am
On the 4H we are building a bearish continuation wedge, which concludes around 2465. Question is, will it be able to make it there, or break prematurely.......
  • #258,879
  • Jun 16, 2010 7:55am Jun 16, 2010 7:55am
its a funny thing how it is when u decide to trade, reading about all the indicators saying wow thats it...
and then the truth hits its not the indicators what u need but the understanding of the price action i realized that and now working with that in my head... still need some to overcome the fear of holding positions but that will come to... hope to learn something from your posts also...
im a relative new trader now 2years counting... lost some money but in pursuit of successes which is near. just need that position hold discipline
  • #258,880
  • Jun 16, 2010 7:56am Jun 16, 2010 7:56am
Highly bullish persistance in the US stocks today. I won't be surprised if we run for 24 today.
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