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EURUSD

  • #265,201
  • Jun 30, 2010 4:34am Jun 30, 2010 4:34am
Quoting PIPMunch
Do you really think it will go to 1.30-1.35 Dr Evil?!
Yes I'm pretty sure.
  • #265,202
  • Jun 30, 2010 4:41am Jun 30, 2010 4:41am
Quoting Xaron
Yes I'm pretty sure.
Hey Xaron. Congrats on the football. Argentina will be a different story.....

A rally in Euro would sit quite happily with some of the other instruments too. Gold is due a retrace and the figure i'm seeing is around $1000 ish. Weekly TF on the Japanese crosses look bullish too medium term.
  • #265,203
  • Jun 30, 2010 4:42am Jun 30, 2010 4:42am
Quoting KiwiTrada
Jhig,

90 degrees, enjoy it mate, its exactly 0.0 degrees at the mo here, even my keyboard is chattering
LOL Kiwi, thank you but no thank you. Too cold for me.

Actually, I checked the weather for today and it suppose to rain. That should keep Hou under 80 degrees today.
  • #265,204
  • Jun 30, 2010 4:44am Jun 30, 2010 4:44am
zzzz...mkt waiting for employment numbs now.

My prediction...beat estimates but previous revised for the worse.
  • #265,205
  • Jun 30, 2010 4:45am Jun 30, 2010 4:45am
I closed out my Long, pocketed 91 pips. USDX is rising and EURUSD can't break pass 1.23 ... as expected.
  • #265,206
  • Jun 30, 2010 4:47am Jun 30, 2010 4:47am
Come on guys everybody was talking about normal correction until 2260-2300 now everybody is saying long with 1,31-1,35 to reach...Trend Trading is a nice thing but how come that lots of guys saw new lows around 1,16 yesterday, now seeing new highs 1,31-1,35
  • #265,207
  • Jun 30, 2010 4:47am Jun 30, 2010 4:47am
the 200sma in the 30min frame proved to be too strong, we also got some nice pinbars (topping tails) in the 1h, 30 min and 15 frames. i'm short on a scalp. will exit when we hit R1
  • #265,208
  • Jun 30, 2010 4:49am Jun 30, 2010 4:49am
i like to play with divergence. i see a bearish hidden in 1hr tf. already closed all my buys and going for short now.

2280.
  • #265,209
  • Jun 30, 2010 4:51am Jun 30, 2010 4:51am
No one knows where we're going. The people that talk with less certainty are the ones you can trust a little more.

Quoting Jonny473
Come on guys everybody was talking about normal correction until 2260-2300 now everybody is saying long with 1,31-1,35 to reach...Trend Trading is a nice thing but how come that lots of guys saw new lows around 1,16 yesterday, now seeing new highs 1,31-1,35
  • #265,210
  • Jun 30, 2010 4:51am Jun 30, 2010 4:51am
Quoting Xaron
Euro will go up. We've seen the bottom. 1.30-35 till end of this year.
Maybe so, but not without testing 1.2150 again I reckon Hard thing to gauge is how much money will run to the USD, and how much will run to the JPY when any bad news hits. I think thats they only thing keeping the dollar strong now, is its "safe haven" status, which ebbs and flows. Personally I think they yen is safer as the bank is always intervening, and not near as much debt.
  • #265,211
  • Jun 30, 2010 4:54am Jun 30, 2010 4:54am
sorry, forget to attach my chart. however it still has potential to go beyond 2320.
Attached Image (click to enlarge)
Click to Enlarge Name: eu32.gif Size: 19 KB
  • #265,212
  • Jun 30, 2010 5:00am Jun 30, 2010 5:00am
Quoting Jonny473
Come on guys everybody was talking about normal correction until 2260-2300 now everybody is saying long with 1,31-1,35 to reach...Trend Trading is a nice thing but how come that lots of guys saw new lows around 1,16 yesterday, now seeing new highs 1,31-1,35
Cuz m8, everyone wants that wave they're surfing to take em all the way up on the beach so they can buy one of those cool drinks with an umbrella in it from the stand.
  • #265,213
  • Jun 30, 2010 5:02am Jun 30, 2010 5:02am
Quoting Jonny473
Come on guys everybody was talking about normal correction until 2260-2300 now everybody is saying long with 1,31-1,35 to reach...Trend Trading is a nice thing but how come that lots of guys saw new lows around 1,16 yesterday, now seeing new highs 1,31-1,35
Look at the screen names. A whole different group. If the market continues down, this group of names will change, and the bearish group will resurface.
All that is left in FF is just plain garbage. "Cloggie"
  • #265,214
  • Jun 30, 2010 5:03am Jun 30, 2010 5:03am
the direction depend to the ADP report ...explode or down like a rock
  • #265,215
  • Jun 30, 2010 5:04am Jun 30, 2010 5:04am
Quoting BrutusJudas
No one knows where we're going. The people that talk with less certainty are the ones you can trust a little more.
So we buy & sell based on what then...? based on not knowing where we going..?
  • #265,216
  • Jun 30, 2010 5:04am Jun 30, 2010 5:04am
Quoting BrutusJudas
No one knows where we're going. The people that talk with less certainty are the ones you can trust a little more.
All that is left in FF is just plain garbage. "Cloggie"
  • #265,217
  • Jun 30, 2010 5:05am Jun 30, 2010 5:05am
Got it
  • #265,218
  • Jun 30, 2010 5:06am Jun 30, 2010 5:06am
Quoting Jonny473
Come on guys everybody was talking about normal correction until 2260-2300 now everybody is saying long with 1,31-1,35 to reach...Trend Trading is a nice thing but how come that lots of guys saw new lows around 1,16 yesterday, now seeing new highs 1,31-1,35
Oh Jesus, not again! I'm gonna explain that for the last time:

in Forex Market we use secret language called Inverse Meaning Script - in simple words you substitute e.g. high for low, or sell for buy (top for bottom etc.).

Retail traders use this to confuse market movers and brokers and protect themselves against potential counteractions from big guys who are always after them (e.g. stop loss hunting etc.)

Just look at the bottom of the screen:

230 Traders Viewing This Thread (89 are members)

it should give you a hint.
  • #265,219
  • Jun 30, 2010 5:07am Jun 30, 2010 5:07am
What's so confusing? No one knows where the mkt is going. If someone tells me it's def going to 1.3500, that's the last person I'm listening to in the future. Even if they were right.

Quoting tonyo524
  • #265,220
  • Jun 30, 2010 5:10am Jun 30, 2010 5:10am
Quoting T.E.Lawrence
Oh Jesus, not again! I'm gonna explain that for the last time:

in Forex Market we use secret language called Inverse Meaning Script - in simple words you substitute e.g. high for low, or sell for buy (top for bottom etc.).

Retail traders use this to confuse market movers and brokers and protect themselves against potential counteractions from big guys who are always after them (e.g. stop loss hunting etc.)

Just look at the bottom of the screen:

230 Traders Viewing This Thread (89 are members)

it should give you a hint.
All that is left in FF is just plain garbage. "Cloggie"
169 traders viewing now