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  • #273,321
  • Jul 20, 2010 6:30am Jul 20, 2010 6:30am
Quoting MTF Test
Yo ..Pro ...

Would you happend to saw the same chart in 1HR TF. I suggest you have a good look at that one.
That one is much better because we can actually see where the line is drawn from and also the fact that it is a higher timeframe makes it more important.

But here is what I am watching to see if Wave C is confirmed as I suspect it will be:
Attached Image (click to enlarge)
Click to Enlarge Name: EUdaily.png Size: 25 KB
  • #273,322
  • Jul 20, 2010 6:35am Jul 20, 2010 6:35am
this is a positive move for my shorts being held at 27, 28, 29, 30 all with sl at 31...phew...but wait..it's not a victory yet. This whole run up was crap and disguise in my opinion. lets crash this baby!!! hopefully...

or I just may get stopped out yet..who knows but crazy ride so far
assume the position...whichever that may be
  • #273,323
  • Jul 20, 2010 6:38am Jul 20, 2010 6:38am
WEhat the heck.

Long @ 1.2876.
  • #273,324
  • Jul 20, 2010 6:42am Jul 20, 2010 6:42am
Quoting SunTrader
That one is much better because we can actually see where the line is drawn from and also the fact that it is a higher timeframe makes it more important.

But here is what I am watching to see if Wave C is confirmed as I suspect it will be:

the chart looks so nice,i just wish mt4 can allow users to customize the length of its lines etc. as well.
  • #273,325
  • Jul 20, 2010 6:45am Jul 20, 2010 6:45am
i went long on 1.2869 S/L 1.2845 it went down to kill my SL and now its going up again like i knew it would. Very nice.......
  • #273,326
  • Jul 20, 2010 6:45am Jul 20, 2010 6:45am
Another run?
  • #273,327
  • Jul 20, 2010 6:46am Jul 20, 2010 6:46am
This may be helping euro
Rumor French banks have all passed the stress tests


source:
www.forexlive.com
  • #273,328
  • Jul 20, 2010 6:53am Jul 20, 2010 6:53am
Lost 50% of my account yesterday ... made it all back on this e/u drop... Have a great day ...i'm going to sleep

Reminder : never EVER mess with leverage again...
  • #273,329
  • Jul 20, 2010 6:53am Jul 20, 2010 6:53am
pending short 3055. its on the daily fibs but this chart is the reason. i thought i had it last night and went to bed. but we stopped. im not playing this current bear. 2770 and 2756 will get my attention. 2826.6/2892.2 could be a good pong game st. i dont have a clue but before big news like nfp we sometimes get a small range. daily cup under construction. 2890 atm
Attached Image (click to enlarge)
Click to Enlarge Name: a2.PNG Size: 45 KB
those who can, do. those who cant, talk about those who can
  • #273,330
  • Jul 20, 2010 6:55am Jul 20, 2010 6:55am
The price is just testing the underside of this 4 hr UTL it just broke earlier.

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
  • #273,331
  • Jul 20, 2010 6:58am Jul 20, 2010 6:58am
if not reach 38% fibo then nice flag in 15 min....

and if break 1.2850 then i thing go down 150 pip!!!
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 13 KB
  • #273,332
  • Jul 20, 2010 7:05am Jul 20, 2010 7:05am
Quoting Nene
The price is just testing the underside of this 4 hr UTL it just broke earlier.

Jim
Nice one.
  • #273,333
  • Jul 20, 2010 7:08am Jul 20, 2010 7:08am
Quoting Mr Bull
This may be helping euro
Rumor French banks have all passed the stress tests


source:
www.forexlive.com
Im sure they did. There was no sense giving a test that they would fail. The goal was stability. the Banks and the countries dig in the same pockets. If one fails they all fail. So the teacher makes sure the student passes. The market will give or take the schools accreditation. If the school (ecb) losses credibility it will be a big deal. The cost is high either way.
those who can, do. those who cant, talk about those who can
  • #273,334
  • Jul 20, 2010 7:12am Jul 20, 2010 7:12am
Quoting gatorinla
pending short 3055. its on the daily fibs but this chart is the reason. i thought i had it last night and went to bed. but we stopped. im not playing this current bear. 2770 and 2756 will get my attention. 2826.6/2892.2 could be a good pong game st. i dont have a clue but before big news like nfp we sometimes get a small range. daily cup under construction. 2890 atm
I had those numbers set last night......woke up sick this morning and the damn numbers didnt get hit too! I still think we will see 3055 or 3101. Weve still got 3 days for longs to play the ping pong liquidation. Anyways here's to you euro!

Inserted Video
  • #273,335
  • Jul 20, 2010 7:13am Jul 20, 2010 7:13am
Quoting Mihaj9
i went long on 1.2869 S/L 1.2845 it went down to kill my SL and now its going up again like i knew it would. Very nice.......
I believe this just a small retrace before moving further south.
  • #273,336
  • Jul 20, 2010 7:15am Jul 20, 2010 7:15am
Quoting porq
Lost 50% of my account yesterday ... made it all back on this e/u drop... Have a great day ...i'm going to sleep

Reminder : never EVER mess with leverage again...
Don't get down on yourself.

It sounds that you have not too much money into it. It could have been much worse but then again to lose 1/2 ......it will come back....eventualy.
  • #273,337
  • Jul 20, 2010 7:16am Jul 20, 2010 7:16am
Quoting mfoste1
I had those numbers set last night......woke up sick this morning and the damn numbers didnt get hit too! I still think we will see 3055 or 3101. Weve still got 3 days for longs to play the ping pong liquidation. Anyways here's to you euro!

http://www.youtube.com/watch?v=qZ3l8...eature=related
Well got mine @ .3025 and am gonna ride it with additional positions all the way down
  • #273,338
  • Jul 20, 2010 7:18am Jul 20, 2010 7:18am
Me thinks we will be going down there ....>
Attached Image (click to enlarge)
Click to Enlarge Name: EUR H4.jpg Size: 90 KB
  • #273,339
  • Jul 20, 2010 7:21am Jul 20, 2010 7:21am
Quoting EasyTrader
Me thinks we will be going down there ....>Attachment
Me think much further down than there.
  • #273,340
  • Jul 20, 2010 7:25am Jul 20, 2010 7:25am
Quoting Trading Cat
have not been trading lately.
here € and GBP.

Will be looking for a short closer to 2900 2882
got short filled at 2883 and got out at 2873 thanks.
After a long time of non trading a good way to get back in.
Laters,
TCat
Trade on your own risk Plan your trade&trade your plan dont be a
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