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EURUSD

  • #265,821
  • Jul 1, 2010 3:54am Jul 1, 2010 3:54am
Quoting cloggie
Ok, traders English translation for you then, "you're a monkey's butt and 'ave no freeking clue"

Don't shoot the messenger.
Now I really don't get it. If you're an analyst and say some BS, you're getting listened, paid, published, and if you write a book - it's being bought.

But if you're not an analyst and say the same BS, you're being called a monkey's butt in at least two different languages.

Jesus Christ.
  • #265,822
  • Jul 1, 2010 3:56am Jul 1, 2010 3:56am
If we trade 50 then what up to even?
Look Sharp/Trade Tight
  • #265,823
  • Jul 1, 2010 3:58am Jul 1, 2010 3:58am
Quoting DMA Trader
If we break 1.23 level - next level to watch is 1.235 and then 1.24.
I don't really think we can break above this levels until NFP kicks in tomorrow.

Don't forget we got 4th July weekend so we might get some volatile times and low liquidity that usually means going against the trend.
Monday 5th July us markets are closed.
that was faster then i've anticipated.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #265,824
  • Jul 1, 2010 3:58am Jul 1, 2010 3:58am
Quoting Mr Bull
I don't think it is a channel anymore. I think is now a triangle and since these buyers (China and SAMA) are not the average ones, we might see a break above 1,2350.
I would't be in front of them so, to all of those who are expecting a chance to put sell orders, be careful...
Can you put it on a chart for all of use to see?
  • #265,825
  • Jul 1, 2010 3:59am Jul 1, 2010 3:59am
Quoting T.E.Lawrence
Now I really don't get it. If you're an analyst and say some BS, you're getting listened, paid, published, and if you write a book - it's being bought.

But if you're not an analyst and say the same BS, you're being called a monkey's butt in at least two different languages.

Jesus Christ.
Don't take it seriously, bro. I guess these guys are not talking about you. ;-)

Back to bizz: my prev short has been knocked out... I opened one more just now. SL about 2360-70. TP ... well I think maybe 1.23 would be the first one...
  • #265,826
  • Jul 1, 2010 4:01am Jul 1, 2010 4:01am
shorted at 1.2340 with tight stop loss tp at 1.2300
ブードゥー教
  • #265,827
  • Jul 1, 2010 4:02am Jul 1, 2010 4:02am
this is the moment to watch... if 2345-55 fails, then the downtrend resumes... if it punches through, then it could well make its way to 1.2464 making inverted H&S - then break above that will show us the 1.26 levels and beyond... at least thats what my analysis tells me but i'm wrong 95% of the time
  • #265,828
  • Jul 1, 2010 4:03am Jul 1, 2010 4:03am
Quoting Indyfx
My view is that we are heading to about 340 -52. I see this as an ABC correction. At that price range we have the following:

Weekly pivot point

4hr downward trend line

4hr upwards trend line

100 fib extension

The price action today looks quite impulsive

Who knows just my view
As predicted earlier close to reaching area of confluence
Attached Image (click to enlarge)
Click to Enlarge Name: z zz eur usd 19.gif Size: 30 KB
  • #265,829
  • Jul 1, 2010 4:03am Jul 1, 2010 4:03am
thats what they talking;

why can not I to you a private message you send. Your pm is not working on your profile nieSjoe ... I do not know. I will look at the settings. I have as little flask for that guy because I took his advice and now I am in my whatchamacallit.
  • #265,830
  • Jul 1, 2010 4:04am Jul 1, 2010 4:04am
Sostratos about EUR/USD:
Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 1.2263, as we anticipate a direct rise to 1.2443. Buy close to 1.2303 to play a rise to 1.2443. The invalidation level of this trade idea is at 1.2263.
  • #265,831
  • Jul 1, 2010 4:05am Jul 1, 2010 4:05am
i think its a good time to sell
  • #265,832
  • Jul 1, 2010 4:05am Jul 1, 2010 4:05am
Quoting jaylovin
this is the moment to watch... if 2345-55 fails, then the downtrend resumes... if it punches through, then it could well make its way to 1.2464 making inverted H&S - then break above that will show us the 1.26 levels and beyond...
Well said... I would not be glad to see the confirmation actually... I can't believe that EUR is "strong" that much. Something is just not ok here imo...
  • #265,833
  • Jul 1, 2010 4:05am Jul 1, 2010 4:05am
Quoting Jhig
Can you put it on a chart for all of use to see?
Here it is
Attached Image (click to enlarge)
Click to Enlarge Name: daily.gif Size: 24 KB
  • #265,834
  • Jul 1, 2010 4:08am Jul 1, 2010 4:08am
looks like a little pullback coming
Look Sharp/Trade Tight
  • #265,835
  • Jul 1, 2010 4:09am Jul 1, 2010 4:09am
Quoting OtotheP
Sostratos about EUR/USD:
Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 1.2263, as we anticipate a direct rise to 1.2443. Buy close to 1.2303 to play a rise to 1.2443. The invalidation level of this trade idea is at 1.2263.
I guess they failed...again....
  • #265,836
  • Jul 1, 2010 4:11am Jul 1, 2010 4:11am
I know it's a crazy idea, but do you take into account that PA can sometimes range for a while, especially after strong moves?
  • #265,837
  • Jul 1, 2010 4:14am Jul 1, 2010 4:14am
We're stopped just below the 61.8 fibo and close enough to the top of the wedgy for me to try and start selling. Any break of R3, also 69.1 fibo, at 2370, and I'm gonna step back and watch the show, maybe try from higher, unless it breaks the top of the wedge.
  • #265,838
  • Jul 1, 2010 4:15am Jul 1, 2010 4:15am
The mouse almost died last night during Asian session, BUT NOW is very alive and waiting for the 1.25. Who knows?
To me it would be great.
I've a stop loss to block my €€€.


Quoting T.E.Lawrence
I know it's a crazy idea, but do you take into account that PA can sometimes range for a while, especially after strong moves?
  • #265,839
  • Jul 1, 2010 4:15am Jul 1, 2010 4:15am
bear flag at m15
ブードゥー教
  • #265,840
  • Jul 1, 2010 4:16am Jul 1, 2010 4:16am
Quoting Mr Bull
Here it is
Our analytics may differ a bit as I'm trading channel on H1 and you're trading triangle on Daily.

Overall, our views may be the same. I see price is inside of a triangle so I would anticipating price reaching the top of the triangle and reversing.

My H1 shows price is in a downwards trend. At the moment, I'm buy into in a long retrace and fully expects price to continue its rein of shorts next week.

In any case, if price continues to LONG, both of our analytic views will be the same as price will have broken through long on your triangle and price will have done the same with my channel.
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