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EURUSD

  • #262,781
  • Jun 24, 2010 5:44am Jun 24, 2010 5:44am
Quoting PriceVolume
Patience guys...we'll know soon enough. We bounced off of the 61.8 of the run upward from yesterday....we dropped around 90 pips and thus far have only had 30 pips retrace...haven't even reached the 50.0...we're building a bear wedge on the 5M...we'll see.
Too right

I'm all out at the moment, and may be for the rest of the session because my team will be playing in the world cup in a few hours.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #262,782
  • Jun 24, 2010 5:49am Jun 24, 2010 5:49am
maybe it will go down to 1.2220
  • #262,783
  • Jun 24, 2010 5:50am Jun 24, 2010 5:50am
Quoting raasmasud
maybe it will go down to 1.2220
If it breaks the H&S neckline....odds are it's going much deeper than that....
  • #262,784
  • Jun 24, 2010 5:51am Jun 24, 2010 5:51am
Critical situation.
Bear managed to control MACD. Just need to come below 2250
Lets see
You cannot learn better without losing
  • #262,785
  • Jun 24, 2010 5:53am Jun 24, 2010 5:53am
Quoting realjumper
Too right

I'm all out at the moment, and may be for the rest of the session because my team will be playing in the world cup in a few hours.....
Go the All Whites........
  • #262,786
  • Jun 24, 2010 5:55am Jun 24, 2010 5:55am
Quoting forexings
Critical situation.
Bear managed to control MACD. Just need to come below 2250
Lets see
Need to control STO and ACC also, the way better. If they manage to seize control of fractals,gator and psar on h1 h4 we r good to go down
  • #262,787
  • Jun 24, 2010 6:02am Jun 24, 2010 6:02am
Quoting T@rantula
Need to control STO and ACC also, the way better. If they manage to seize control of fractals,gator and psar on h1 h4 we r good to go down
A lot of traders may start sell from 2240-50. So bull has to leave this place to reduce the pressure. So next resistance will be 2205.
At 2220-2195 range, I hope bear won't mistake again.
You cannot learn better without losing
  • #262,788
  • Jun 24, 2010 6:05am Jun 24, 2010 6:05am
when willl it break these levels ??????/
  • #262,789
  • Jun 24, 2010 6:06am Jun 24, 2010 6:06am
the eur/gbp is now well under the guns on both the day and week chart
I will be adding to this trade


http://cdn.forexfactory.com/attachme...1&d=1277377103

http://cdn.forexfactory.com/attachme...1&d=1277377121




cheers

tebhttp://cdn.forexfactory.com/images/s...m/big_grin.gif
  • #262,790
  • Jun 24, 2010 6:07am Jun 24, 2010 6:07am
Quoting forexings
A lot of traders may start sell from 2240-50. So bull has to leave this place to reduce the pressure. So next resistance will be 2205.
At 2220-2195 range, I hope bear won't mistake again.
If this daytrend continues I will be long...At least to scalp long pips
  • #262,791
  • Jun 24, 2010 6:08am Jun 24, 2010 6:08am
The eur/usd is gearing momentum for a down show. you just need to trade with caution. Target is aimed at 1.2241
  • #262,792
  • Jun 24, 2010 6:11am Jun 24, 2010 6:11am
well commonn come down )
  • #262,793
  • Jun 24, 2010 6:13am Jun 24, 2010 6:13am
Quoting Ropat
The eur/usd is gearing momentum for a down show. you just need to trade with caution. Target is aimed at 1.2241
Based on?
  • #262,794
  • Jun 24, 2010 6:16am Jun 24, 2010 6:16am
Quoting Ropat
The eur/usd is gearing momentum for a down show. you just need to trade with caution. Target is aimed at 1.2241
Or not. While I agree with you due to what I see on my chart right now, such is not guaranteed to be the case in the hours to come. We'll see.
  • #262,795
  • Jun 24, 2010 6:18am Jun 24, 2010 6:18am
Love that round number resistance.. Could someone explain a 'bear trap' to me? And how is the price action?
  • #262,796
  • Jun 24, 2010 6:22am Jun 24, 2010 6:22am
hopefully we can move now
those who can, do. those who cant, talk about those who can
  • #262,797
  • Jun 24, 2010 6:22am Jun 24, 2010 6:22am
Quoting Carnegie
. Could someone explain a 'bear trap' to me?
If u believe that market will continue to fall and ur holding ur shorts when its in uptrend - ur bear trapped
  • #262,798
  • Jun 24, 2010 6:23am Jun 24, 2010 6:23am
Hi All !

Good ( Early ) Morning Every One !

How Are You Doing !?

What's Up...!?

R & S , That Is All !...
  • #262,799
  • Jun 24, 2010 6:23am Jun 24, 2010 6:23am
Quoting gatorinla
hopefully we can move now
2299 MM and money line :0 Above long below hold shorts
  • #262,800
  • Jun 24, 2010 6:23am Jun 24, 2010 6:23am
we're back at the broken earlier small daily trend line (yellow):

Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 157 KB


if it holds I will probably sell somewhere at that level.
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