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  • #264,981
  • Jun 30, 2010 1:47am Jun 30, 2010 1:47am
Quoting rajesh68
But current bounce back is likely to take it to 2250level.
or could get to 2280 or even 2340. But long leg is coming when little leg gets tired.
  • #264,982
  • Jun 30, 2010 1:48am Jun 30, 2010 1:48am
i have no idea why you all are so eager to short euro
  • #264,983
  • Jun 30, 2010 1:51am Jun 30, 2010 1:51am
Quoting T.E.Lawrence
i have no idea why you all are so eager to short euro
coz euro getting weaker than usd. correct me if i am wrong...
If only,.....
  • #264,984
  • Jun 30, 2010 1:53am Jun 30, 2010 1:53am
Quoting T.E.Lawrence
i have no idea why you all are so eager to short euro
because its trash and going to zero while dollar is getting stronger. lance armstrong is going to win the tour de france, again.
  • #264,985
  • Jun 30, 2010 1:53am Jun 30, 2010 1:53am
Quoting ikhram
coz euro getting weaker than usd. correct me if i am wrong...
depends on what tf you are talking about
  • #264,986
  • Jun 30, 2010 1:54am Jun 30, 2010 1:54am
Quoting BrutusJudas
I can't argue with that...Would be nice to fight a war without tying one hand behind our soldiers backs. Anyway...back to work!
As long as the war is just and not built on a lie!
All that is left in FF is just plain garbage. "Cloggie"
  • #264,987
  • Jun 30, 2010 1:54am Jun 30, 2010 1:54am
I have a long biased right now. People smarter than me are holding the euro and expect a raise or at least a holding pattern over next 6-8 weeks before "the crash."
Only expectation matters . . .
  • #264,988
  • Jun 30, 2010 1:54am Jun 30, 2010 1:54am
Quoting T.E.Lawrence
depends on what tf you are talking about
MONTHLY, WEEKLY, DAILY, 4H, 1H, need any more? I dont trade on lower tf, if you trade on 1M then yes we have an uptrend ;p
  • #264,989
  • Jun 30, 2010 1:54am Jun 30, 2010 1:54am
Quoting T.E.Lawrence
depends on what tf you are talking about
you might be right if you're trading the century timeframe. I'm looking at daily, weekly and monthly.
  • #264,990
  • Jun 30, 2010 1:57am Jun 30, 2010 1:57am
Quoting RebelRed
I have a long biased right now. People smarter than me are holding the euro and expect a raise or at least a holding pattern over next 6-8 weeks before "the crash."
we been in a hold for 3 weeks now. could definitely see a range for 6-8 weeks. we had it in feb-march. may even be longer because we're in northern hemisphere summer. but yea, big leg is coming eventually.
  • #264,991
  • Jun 30, 2010 1:58am Jun 30, 2010 1:58am
just got hit for +5 on that gu trade, now short one half order on au and one half on eu. au is at the monthly pivot
  • #264,992
  • Jun 30, 2010 1:58am Jun 30, 2010 1:58am
Quoting RebelRed
I have a long biased right now. People smarter than me are holding the euro and expect a raise or at least a holding pattern over next 6-8 weeks before "the crash."
And then when you fail, who will you blame for that ?

You know Goldman was saying buy euro and I shorted it the same day, how come im not so smart as they are ( more people etc ) and I won?

A lot of people expect something, but the event occurs usually when they don't expect it

6-8 weeks, according to MY charts and my thinking, then we will start a bounce up from 1.12-1.14 and euro will start gaining vs dollar for longer than few days
  • #264,993
  • Jun 30, 2010 1:59am Jun 30, 2010 1:59am
Quoting 2+2=4ex
we been in a hold for 3 weeks now. could definitely see a range for 6-8 weeks. we had it in feb-march. may even be longer because we're in northern hemisphere summer. but yea, big leg is coming eventually.
no hope to break even my short at 1.2175 ah?
  • #264,994
  • Jun 30, 2010 2:01am Jun 30, 2010 2:01am
M3 pivot (2238) stalled to the pip... if it breaks 2243 then I'm out except for the higher shorts, if not then this is as good a place for the Turn as any... and I'm golden.

Time will tell if I stink or not.
FUBAR...
  • #264,995
  • Jun 30, 2010 2:01am Jun 30, 2010 2:01am
Quoting RebelRed
I have a long biased right now. People smarter than me are holding the euro and expect a raise or at least a holding pattern over next 6-8 weeks before "the crash."
Could they be smart enough to trick you into thinking they're holding euro???
  • #264,996
  • Jun 30, 2010 2:01am Jun 30, 2010 2:01am
Guten Morgen!

European Forex Technicals : EUR/JPY To Extend Setback
30 Jun 2010, 08:30

By Francis Bray
A DOW JONES NEWSWIRES COLUMN



http://cdn.forexfactory.com/images/attach/pdf.gif


2010-06-30_European Forex Technicals (DJ).pdf (16.4 KB)





Intraday

EUR/USD:


Support at 1.2151 has emerged to halt the setback off Monday's lower high at 1.2398, and a corrective recovery is underway towards key resistance in the 1.2265/75 area. This represents former intraday lows which shaped a bear pennant Mon/Tue, a 1.618 upside extension target, and 50% retracement of the 1.2398/1.2151 decline, which together should limit corrective upside scope. Failure to meet a wave equality target at 1.2230, combined with a break below 1.2150 would put bears back in control of the near-term, exposing 1.2117 and 1.2075.

Weekly chart EUR/USD trend: Bearish.


Und tschüss
Attached File(s)
File Type: pdf 2010-06-30_European Forex Technicals (DJ).pdf   16 KB | 448 downloads
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #264,997
  • Jun 30, 2010 2:02am Jun 30, 2010 2:02am
Please fall to 1.2121
  • #264,998
  • Jun 30, 2010 2:03am Jun 30, 2010 2:03am
Quoting billymoney
Please fall to 1.2121
ur wish is my command. lol
  • #264,999
  • Jun 30, 2010 2:04am Jun 30, 2010 2:04am
morning all
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #265,000
  • Jun 30, 2010 2:04am Jun 30, 2010 2:04am
Quoting uraceulose
ur wish is my command. lol
and mine!
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