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EURUSD

  • #265,781
  • Jul 1, 2010 5:09am Jul 1, 2010 5:09am
Quoting Liberteh
So u think it's going to go up?
It could, assuming price sticks to what its been doing for the past 2 weeks ... playing inside a downward channel. I know a lot of people got burned on that upwards move today as my phone was ringing off the hook (which woke me), as their still anticipating price is ready for a bear move. I beg to differ, as price just completed another higher high move which would leave me to believe price has the momentum in continuing to push higher, maybe until 1.2350 is reached. (1.2350 is a major reversal level and is the top of this downwards channel.)
  • #265,782
  • Jul 1, 2010 5:10am Jul 1, 2010 5:10am
Quoting forexings
EURCHF is safe to trade.
Made all positive pips since last month
dont ever call anything "safe to trade" .... it will eventually cloud your judgement ... nothing is ever safe

trust me!
  • #265,783
  • Jul 1, 2010 5:11am Jul 1, 2010 5:11am
Im fully disappointed with DOLLAR

This week was so weak for stocks that dollar should use it to gain strenght

What do we see instead is dollar struggling with 86.25

Euro for now at least, despite Im short biased, is a lot stronger than USD

EURCHF going down mabey 3 times faster than EU, but look how little impulse in stocks or whatever information causes a big spike up in EU

Its very confusing because we have a falling "3" atm, and this "correction" should not break 61.8 fib, if it does then it goes to 1.2485 and then I dunno really...

From elliots theory on waves we should be in wave "7" atm ending around 1.16
  • #265,784
  • Jul 1, 2010 5:12am Jul 1, 2010 5:12am
Hi Indyfx

I will play around with zigzag with those settings on some different time frames.

thankyou
Ian
  • #265,785
  • Jul 1, 2010 5:18am Jul 1, 2010 5:18am
Price making a run for 1.2350.
  • #265,786
  • Jul 1, 2010 5:19am Jul 1, 2010 5:19am
Quoting Jhig
Price making a run for 1.2350.
yes sure check the usd index
ブードゥー教
  • #265,787
  • Jul 1, 2010 5:21am Jul 1, 2010 5:21am
Quoting Jhig
... as price just completed another higher high ...
Indeed. I have 2 positions opened. Waiting for a rally to stop so i could stop my long and watch retracement peacefully

2350-2370 can be reached as 2305 failed
  • #265,788
  • Jul 1, 2010 5:23am Jul 1, 2010 5:23am
I don't understand...C. T. Blaabjerg said...
  • #265,789
  • Jul 1, 2010 5:24am Jul 1, 2010 5:24am
Quoting T.E.Lawrence
I don't understand...C. T. Blaabjerg said...

Yup, there goes his bonus, wonder how many new clients he has gotten the broker so far.
  • #265,790
  • Jul 1, 2010 5:27am Jul 1, 2010 5:27am
Quoting T@rantula
Indeed. I have 2 positions opened. Waiting for a rally to stop so i could stop my long and watch retracement peacefully

2350-2370 can be reached as 2305 failed
Same here. Wait for rally to end, find a valid retrace, and jump in.
  • #265,791
  • Jul 1, 2010 5:27am Jul 1, 2010 5:27am
Quoting PIPMunch
I've got a Short@ 1.2292 SL 1.2338 TP 1.2150

Hoping this resistance holds.

Another Short GBP/USD@ 1.4931 SL 1.4951 TP 1.4760

Got scared with the USDx index so closed my shorts.
  • #265,792
  • Jul 1, 2010 5:30am Jul 1, 2010 5:30am
Quoting T.E.Lawrence
...sell on rallies...
Yeah right!!

Jy is 'n flippen aap man. Jy het nie a clue nie. Word net wakker asb!
  • #265,793
  • Jul 1, 2010 5:30am Jul 1, 2010 5:30am
http://clip2net.com/clip/m47678/1277...-clip-22kb.pngsell at 1.23500,according to my analysis...
  • #265,794
  • Jul 1, 2010 5:32am Jul 1, 2010 5:32am
Quoting EasyTrader
Yeah right!!

Jy is 'n flippen aap man. Jy het nie a clue nie. Word net wakker asb!
wat? lekker nederlands... volgens mij ben je inderdaad net wakker
  • #265,795
  • Jul 1, 2010 5:32am Jul 1, 2010 5:32am
http://chart.ly/apm9gk

Top of channel, almost reached.

I wouldn't be surprised if 1.2350 was tested and retested, assuming price was unable to break past upwards trendline inside the channel.

We'll see, it could be a fall from the top to the bottom of the channel or price could fall mid ways in the channel and resume a retest.

Price could break through upwards channel and keep going.

Just some of the many scenario that could happen.
  • #265,796
  • Jul 1, 2010 5:32am Jul 1, 2010 5:32am
Quoting ido370
wat? lekker nederlands... volgens mij ben je inderdaad net wakker
Nope. Afrikaans.
  • #265,797
  • Jul 1, 2010 5:34am Jul 1, 2010 5:34am
Quoting EasyTrader
Yeah right!!

Jy is 'n flippen aap man. Jy het nie a clue nie. Word net wakker asb!
what?
  • #265,798
  • Jul 1, 2010 5:34am Jul 1, 2010 5:34am
Quoting EasyTrader
Nope. Afrikaans.
Ik wou net zeggen, dat is correct Afrikaans
  • #265,799
  • Jul 1, 2010 5:35am Jul 1, 2010 5:35am
Quoting T.E.Lawrence
what?
he calls you a monkey and he says you have to wake up in the South-African language
  • #265,800
  • Jul 1, 2010 5:36am Jul 1, 2010 5:36am
Quoting EasyTrader
Nope. Afrikaans.
Aha, WK-style of zit je in afrika dan?
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