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EURUSD

  • #261,941
  • Jun 22, 2010 8:05pm Jun 22, 2010 8:05pm
Originally posted by Forex108


SELL EUR/USD at 1.2300
Stop at 1.2470
Target 1: 1.2160
Target 2: 1.2000

Just looking at your stop value- Is that 170 pips?
  • #261,942
  • Jun 22, 2010 8:06pm Jun 22, 2010 8:06pm
Waiting for a valid bounce before I continue short.

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DailyFXTeam
$EURUSD getting pounded as 1.2250 support breaks. A little support here at 1.2241. Significant support at 1.2160
  • #261,943
  • Jun 22, 2010 8:06pm Jun 22, 2010 8:06pm
Hi Gatorinla,

now THAT was a good call again..

what happend??? why that fast action downside? I couldn't find any news.


anyways Im not trading anymore today... my pizza is ready in 10 min.






Quoting gatorinla
back in the slot. need a foothold below 2251. heads up. look before you leap.. on the 15m w/o going any lower we will have a tweezer. so we could bounce some first
Follow the Trend, thats all
  • #261,944
  • Jun 22, 2010 8:07pm Jun 22, 2010 8:07pm
Quoting stevefx
Hey folks, here is my trade for today. Short at 2273, reasons provided. Target maybe 2105.
Moved SL to BE +2, enjoy all free trades....
  • #261,945
  • Jun 22, 2010 8:10pm Jun 22, 2010 8:10pm
Quoting pauly
what happend??? why that fast action downside? I couldn't find any news.
try the asian market opening and (finally) getting down to business? just a wild guess ...

Maybe you better start tracking market moves in connnection with market OPENINGS there...
FUBAR...
  • #261,946
  • Jun 22, 2010 8:13pm Jun 22, 2010 8:13pm
Quoting stevefx
Moved SL to BE +2, enjoy all free trades....
...and never trust anything you sees or hear in forex.
  • #261,947
  • Jun 22, 2010 8:14pm Jun 22, 2010 8:14pm
Quoting gatorinla
tweezer gone
new tweezer.. mf
those who can, do. those who cant, talk about those who can
  • #261,948
  • Jun 22, 2010 8:15pm Jun 22, 2010 8:15pm

We can see from the daily chart that the two week period of strength from the EUR may just be a short term correction in the long term bearish trend for the EUR/USD.

Trend line 1 notes the long term trend line which takes into account all the price action of the EUR/USD’s bearish move since December. Sharper sloping trend lines are drawn below this. Trend lines 2 and 3 show when the bearish trend of the pair accelerated.

The recent upward correction for the EUR/USD shows a breach of trend Line 3, but the appreciation halted at trend line 2, with 2 failed attempts to close above this line. This shows significant selling pressure at this trend line and at the price of 1.2460.

Trend line 2 begins on April 15th. The second point of contact is on May 10th, and the 3rd point of contact is yesterday. The three contact points show the trend line is a significant trend line. Taking a position when the price arrives at a trend line can be a good entry opportunity into a trending market.

Continued selling of the EUR/USD should send the pair to its next support level at 1.2150, with a further target at the swing low of the daily chart at 1.1875.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 64 KB
  • #261,949
  • Jun 22, 2010 8:17pm Jun 22, 2010 8:17pm
MAJOR stops @ 1.2240
  • #261,950
  • Jun 22, 2010 8:18pm Jun 22, 2010 8:18pm
i hate bullshit fakeouts.

-15
  • #261,951
  • Jun 22, 2010 8:21pm Jun 22, 2010 8:21pm
Quoting 2+2=4ex
...and never trust anything you sees or hear in forex.
lol, yep, first in, first out...
  • #261,952
  • Jun 22, 2010 8:22pm Jun 22, 2010 8:22pm
Hi ak4x.... I dont get this.. market opening and finally.... what?

if never traded this time.. but now WTF its going zick-zack... why is it ??

THANKS for any hint










Quoting ak4x
try the asian market opening and (finally) getting down to business? just a wild guess ...

Maybe you better start tracking market moves in connnection with market OPENINGS there...
Follow the Trend, thats all
  • #261,953
  • Jun 22, 2010 8:22pm Jun 22, 2010 8:22pm
Quoting forex108
We can see from the
http://countingpips.com/fx/2010/06/2...y-opportunity/

http://www.forexyard.com/blog/en/201...y-opportunity/

unless you're russell glaser... you're just another copy pastin w/o credits noob with nothin to add but hijacked work from other folks... including the guys chart!!!

you're off to a bad start here. recommend you stop ...
FUBAR...
  • #261,954
  • Jun 22, 2010 8:23pm Jun 22, 2010 8:23pm
Quoting stevefx
lol, yep, first in, first out...
Glad you caught it. Wasn't sure if anybody would pick up on it, hehehe.
  • #261,955
  • Jun 22, 2010 8:23pm Jun 22, 2010 8:23pm
Quoting sed34
i hate bullshit fakeouts.

-15
Patience.
  • #261,956
  • Jun 22, 2010 8:24pm Jun 22, 2010 8:24pm
Quoting forex108

We can see from the daily chart that the two week period of strength from the EUR may just be a short term correction in the long term bearish trend for the EUR/USD.

TA supplied thanks to forexyard.com
Doing what you like is Freedom. Liking what you do is Happiness.
  • #261,957
  • Jun 22, 2010 8:25pm Jun 22, 2010 8:25pm
Quoting ak4x
unless you're russell glaser... you're just another copy pastin w/o credits noob with nothin to add but hijacked work from other folks... including the guys chart!!!

you're off to a bad start here. recommend you stop ...
And of only they could make an effort of some originality, such as not copy the font style and colour of their source too...
  • #261,958
  • Jun 22, 2010 8:27pm Jun 22, 2010 8:27pm
where is this coming from?
Attached Image (click to enlarge)
Click to Enlarge Name: ugly.gif Size: 12 KB
Follow the Trend, thats all
  • #261,959
  • Jun 22, 2010 8:28pm Jun 22, 2010 8:28pm
Quoting elio
And of only they could make an effort of some originality, such as not copy the font style and colour of their source too...
  • #261,960
  • Jun 22, 2010 8:29pm Jun 22, 2010 8:29pm
Quoting pauly
where is this coming from?
53 may be a tough nut to crack....check the 1H.
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