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EURUSD

  • #273,821
  • Jul 21, 2010 4:41pm Jul 21, 2010 4:41pm
Quoting Santana33
After this day I just has to say my ass is still bleeding
gotta make sure you bring lube(properMM)
  • #273,822
  • Jul 21, 2010 4:43pm Jul 21, 2010 4:43pm
Quoting mfoste1
gotta make sure you bring lube(properMM)
I had it with me, but my employee forget to bring it this morning, a hard lesson but as we say in spanish "la letra con sangre entra // the letter is marked with blood"
  • #273,823
  • Jul 21, 2010 4:44pm Jul 21, 2010 4:44pm
Quoting mfoste1
gotta make sure you bring lube(properMM)
Forexation H?
Not all sins are created equal
  • #273,824
  • Jul 21, 2010 4:55pm Jul 21, 2010 4:55pm
Quoting Jay Walker
Forexation H?
  • #273,825
  • Jul 21, 2010 5:19pm Jul 21, 2010 5:19pm
guys let's not try and catch a falling knife. moving averages have crossed and the uptrend determind by the two lows (7/13 and 6/29) has been broken. keep buying if you want to pay off the guys in the prop firms or go with the trend and fade!
  • #273,826
  • Jul 21, 2010 5:26pm Jul 21, 2010 5:26pm
Could we see a correction until 1.2820?
  • #273,827
  • Jul 21, 2010 5:36pm Jul 21, 2010 5:36pm
Quoting Santana33
Could we see a correction until 1.2820?

I think its likely..although i guess asia will decide.

bull triangle on the M15 developing..

Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 25 KB
In hoc signo vinces
  • #273,828
  • Jul 21, 2010 5:53pm Jul 21, 2010 5:53pm
I am not talking straight down. Hell no. It will never happen. It will take time. All I am saying is that is the best scenario for a trade when and if it gets there.

Quoting ak4x
That's interesting and looks good on charts... but I don't think this run has the gas to drop that far and then rebound that high yet again... more likely imo to ((maybe)) get there or somewhere close from current levels before dropping back to lower levels for the summer... and I'm increasingly pessimistic about that scenario even playing out. It may just say Phooey on it and Drop.

In other words, tho the technical side can be drawn easily enough, i don't think the Global Funnymentals support it atm... but GL with it in any event...

It's not...
  • #273,829
  • Jul 21, 2010 5:54pm Jul 21, 2010 5:54pm
Quoting Nene
I just may have found the reason for the stall here. If you draw a trendline off the first 2 lows on this move up, look what you get.

What about less stock markets that are open?
  • #273,830
  • Jul 21, 2010 6:06pm Jul 21, 2010 6:06pm
Well I want to sleep in peace tonight so this is the conditional.

Entry, 1.27 buy stop, t/p 1.2750, s/l 1.2670.
  • #273,831
  • Jul 21, 2010 6:08pm Jul 21, 2010 6:08pm
Not sure, the stock mkt closed down negatively, which should help push euro dollar further... But anything can happen.

Quoting santana33
could we see a correction until 1.2820?
  • #273,832
  • Jul 21, 2010 6:15pm Jul 21, 2010 6:15pm
Dont know the dxy is pushing higher, on the other hand the assian will follow the DJIA, and buy yens, sell dollars so a mixed picture. But I dont want to go long at this level, I'm still bleeding
  • #273,833
  • Jul 21, 2010 6:20pm Jul 21, 2010 6:20pm
Does this look familiar to anyone.....Heres a hint!

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
  • #273,834
  • Jul 21, 2010 6:20pm Jul 21, 2010 6:20pm
The pivot is right at 2800....which is where today's triangle broke...

so PA may test this area sometime during asia, but more likely london hours...
  • #273,835
  • Jul 21, 2010 7:34pm Jul 21, 2010 7:34pm
remember....

buy @ 1.2720
sl:1.2630
tp:1.2880

god bless we
  • #273,836
  • Jul 21, 2010 7:37pm Jul 21, 2010 7:37pm
Quoting okcowboy13
I think its likely..although i guess asia will decide.

bull triangle on the M15 developing..

more like a bear flag.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #273,837
  • Edited 7:52pm Jul 21, 2010 7:38pm | Edited 7:52pm
Quoting uraceulose
gonna move to +10 on my eu long and eat something. au trade is -16.8 pips atm
AU trade now plus 20..I'm moving to BE+ spread edit: oanda is still legit..i just missed that stop by 1/10th of a pip
  • #273,838
  • Jul 21, 2010 7:38pm Jul 21, 2010 7:38pm
Quoting Nene
Does this look familiar to anyone.....Heres a hint!

Jim
exactly
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #273,839
  • Jul 21, 2010 7:44pm Jul 21, 2010 7:44pm
Quoting uraceulose
AU trade now plus 20..I'm moving to BE+ spread
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #273,840
  • Jul 21, 2010 7:52pm Jul 21, 2010 7:52pm
Quoting DMA Trader
more like a bear flag.
yea now it is
In hoc signo vinces
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