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EURUSD

  • #271,701
  • Jul 15, 2010 8:26am Jul 15, 2010 8:26am
Temporarily top?
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  • #271,702
  • Jul 15, 2010 8:27am Jul 15, 2010 8:27am
Quoting Nene
1.2920 should be a cruise now.
a bit of fight left chief, won't be a cruise methinks
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Thank You
  • #271,703
  • Jul 15, 2010 8:28am Jul 15, 2010 8:28am
Look at the Daily, the last down move thru this area shows a clean candle and all we needed was to get above the high at 1.2856 to et thru to 1.2920.
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  • #271,704
  • Jul 15, 2010 8:28am Jul 15, 2010 8:28am
Quoting Nene
1.2920 should be a cruise now.
not sure, i'm thinkin of shorting
  • #271,705
  • Jul 15, 2010 8:30am Jul 15, 2010 8:30am
Quoting bad$ala
ok you can sell now. i closed all my longs
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my fib extension was hit perfect.
  • #271,706
  • Jul 15, 2010 8:30am Jul 15, 2010 8:30am
Quoting Nene
Look at the Daily, the last down move thru this area shows a clean candle and all we needed was to get above the high at 1.2856 to et thru to 1.2920.
yeah i see your thinking here
  • #271,707
  • Jul 15, 2010 8:30am Jul 15, 2010 8:30am
im long from 2872, and SL 2847....hope market go up a bit so that i can close my trade safely
  • #271,708
  • Jul 15, 2010 8:31am Jul 15, 2010 8:31am
yup for now. was a nice easy 45 pips to start the day off.
euro still around 8 the strongest current currency and the usd from 1.44 or so to 2.8 just the last few mins.
happy pips
dean


Quoting rajesh68
closed my long position. However, i still see some upmove
  • #271,709
  • Jul 15, 2010 8:32am Jul 15, 2010 8:32am
You sure do get around...LOL. Yea, I think momentum will get us there but anything can happen and I got my profit. I do have an UTL here on the 1 hr that I was worrying about but I think mometum may take s thru that.

Quoting wormboy
a bit of fight left chief, won't be a cruise methinks
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  • #271,710
  • Jul 15, 2010 8:32am Jul 15, 2010 8:32am
Quoting T@rantula
According to Black Widow the top may be @ 2875 for intraday even 2920....It points to 3015 where we will face a very strong resistance
Ofcourse 3015 is not intraday level it can be a near term target.. We will see...

My top for today has been reached 2840-2875
  • #271,711
  • Jul 15, 2010 8:33am Jul 15, 2010 8:33am
Quoting TudorJonesJR
Temporarily top?
Yeah, Maybe only TEMP, cause EU going to 1.55 again..

No US GDP growth, the only option left is print and devaluate the

Dollar against all currencies.

Dollar gone, catch it near 70..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #271,712
  • Edited 8:48am Jul 15, 2010 8:33am | Edited 8:48am
WowW huge up . expected more & more up but not so direct above 1.2842 , anyway as pending shorts taken before will see for a breakout at least before 1.3203. may be levels works diagonally & new ones creating with strong bull.
lets see what next .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #271,713
  • Jul 15, 2010 8:33am Jul 15, 2010 8:33am
Equity double top activated as projected after meeting 50% fib
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  • #271,714
  • Jul 15, 2010 8:35am Jul 15, 2010 8:35am
Potential target at 10200
  • #271,715
  • Jul 15, 2010 8:35am Jul 15, 2010 8:35am
Bottom line, if 2856 holds as support we will be fine. any close below 2856 and all bets are off and I will wait for next entry. Been a real good week with 2 big wins and a moderate loss. ANytime you can quit on Thursday and not have to fight the garbage created by the large traders moving out, you are ahead of the game.

Jim

Quoting qwertymyfx
yeah i see your thinking here
  • #271,716
  • Jul 15, 2010 8:36am Jul 15, 2010 8:36am
Aud short working well.
  • #271,717
  • Jul 15, 2010 8:40am Jul 15, 2010 8:40am
Quoting husmas609
im long from 2872, and SL 2847....hope market go up a bit so that i can close my trade safely
that was a great relieve...35% profits
  • #271,718
  • Jul 15, 2010 8:40am Jul 15, 2010 8:40am
If USD become weaker you will loose your money even you don't trade.
So every forex trader should expect strong usd
You cannot learn better without losing
  • #271,719
  • Jul 15, 2010 8:40am Jul 15, 2010 8:40am
Quoting Masrim
Aud short working well.
Yeah, mine is as well. How long do you plan to hold? I am trying to catch the top and will let all mine go at BE if it goes there if not I plan on holding this to .80
  • #271,720
  • Jul 15, 2010 8:40am Jul 15, 2010 8:40am
Ah equity falling off a cliff
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