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  • #277,841
  • Aug 4, 2010 8:08am Aug 4, 2010 8:08am
Very true. Dax is seriously trying to break the strong R 6330 and now is leading the indices. That level is definitively key. I will even "risk"to say that is key for European stock markets for the rest of the year.

sisse

Quoting wm-eu
right, with the open there comes also the liquidity - also the Dax was able to reach the positive territory and is now 0.25% in gain (it was nearly the whole day in a slight loss)
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,842
  • Aug 4, 2010 8:08am Aug 4, 2010 8:08am
Quoting Atlast
That's useful. strong support there at PL. Looks like longs are in order.
True, expecting in next 3H we will see something nice
  • #277,843
  • Aug 4, 2010 8:15am Aug 4, 2010 8:15am
Quoting T.E.Lawrence
I'm still here. As we can see, no one bought the damn fiber. Oh crap.

Meanwhile you can find me in this thread:
http://www.forexfactory.com/showthread.php?t=248762

It's hilarious!
Your "call" was funnier!!
  • #277,844
  • Aug 4, 2010 8:17am Aug 4, 2010 8:17am
can you say "Drop It Like It's Hot", because this will happen to the euro in the next period
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #277,845
  • Aug 4, 2010 8:19am Aug 4, 2010 8:19am
Quoting T.E.Lawrence
I'm still here. As we can see, no one bought the damn fiber. Oh crap.

Meanwhile you can find me in this thread:
http://www.forexfactory.com/showthread.php?t=248762

It's hilarious!
looooooooool
i bet you were trying make everybody buy to move market up

very smart!!!

hahahaha
joking
  • #277,846
  • Aug 4, 2010 8:26am Aug 4, 2010 8:26am
Quoting T.E.Lawrence
I'm still here. As we can see, no one bought the damn fiber. Oh crap.

Meanwhile you can find me in this thread:
http://www.forexfactory.com/showthread.php?t=248762

It's hilarious!
Hope to see you more often in the Eur/Usd thread, because you bring a smile on our faces.

I know, it's hilarious!
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #277,847
  • Aug 4, 2010 8:30am Aug 4, 2010 8:30am
Good afternoon everyone,

I'm kinda new at this so if I say some dumb stuff from time to time, please have patience

I could be wrong here but isn't 1.3195 a 23.6 retracement from the low of the 30th to the high of the 2nd ? Also 1.3183 (pivot low yesterday and today) is a 38.2 retrace from the low of the 2nd to the high of the 3rd ?

My understanding is that when 2 Fibs are quite close in price they are more likely to act as areas of Support or Resistance (in this case Support).

What do you guys and girls think ?


Villonius
  • #277,848
  • Aug 4, 2010 8:35am Aug 4, 2010 8:35am
OK GUYS AM DONE FOR TO DAY HAVE A SAFE TRADING

Atlas
Natch
sisse

appreciated your replies

take care all of you there

Salaaaam
  • #277,849
  • Aug 4, 2010 8:37am Aug 4, 2010 8:37am
I'll go long if i see this hour close around 1,3230...if so it'll mean NY is ready to move higher today
COT: The precious data ignored
  • #277,850
  • Aug 4, 2010 8:38am Aug 4, 2010 8:38am
Quoting semar
Hope to see you more often in the Eur/Usd thread, because you bring a smile on our faces.

I know, it's hilarious!
How about earlier when he told some to buy, buy buy based on nothing, huh?

Then he mentions this topic after the fact. Still hilarious?
  • #277,851
  • Aug 4, 2010 8:38am Aug 4, 2010 8:38am
http://fx-arabia.com/vb/uploaded/964_11280929018.png
GREENIUS
  • #277,852
  • Aug 4, 2010 8:39am Aug 4, 2010 8:39am
No one wants to buy dollar
You cannot learn better without losing
  • #277,853
  • Aug 4, 2010 8:41am Aug 4, 2010 8:41am
Quoting Villonius
Good afternoon everyone,

I'm kinda new at this so if I say some dumb stuff from time to time, please have patience

I could be wrong here but ........
You have to consider price (fibs, etc.) time and pattern to understand the complete picture.
  • #277,854
  • Aug 4, 2010 8:46am Aug 4, 2010 8:46am
Hello Suntrader,

I'm guessing you have probably read Robert Miners book "High Probability Trading strategies"
  • #277,855
  • Aug 4, 2010 8:47am Aug 4, 2010 8:47am
USD is not the favorable pair at the moment. Most EUR pairs will probably continue to gain.
  • #277,856
  • Aug 4, 2010 8:51am Aug 4, 2010 8:51am
It seems trend is waiting for ISM Non-Manufacturing PMI in 10 minutes...

It is difficult to trade in such a situation !
  • #277,857
  • Aug 4, 2010 8:57am Aug 4, 2010 8:57am
Quoting style2fx
It seems trend is waiting for ISM Non-Manufacturing PMI in 10 minutes...

It is difficult to trade in such a situation !
Speculation, Non-Manufacturing PMI is expected to fall. Most traders are holding their LONG positions.
  • #277,858
  • Aug 4, 2010 8:57am Aug 4, 2010 8:57am
Quoting style2fx
It seems trend is waiting for ISM Non-Manufacturing PMI in 10 minutes...

It is difficult to trade in such a situation !

Not really, if ISM is bad this pair will move higher. If ISM is good... this pair will also move higher. Your welcome.
  • #277,859
  • Aug 4, 2010 9:01am Aug 4, 2010 9:01am
changing hands just before the news. big positions too.

just before the data?
dreams do come true.
  • #277,860
  • Aug 4, 2010 9:05am Aug 4, 2010 9:05am
Quoting Awesome
Not really, if ISM is bad this pair will move higher. If ISM is good... this pair will also move higher. Your welcome.
I can see you are jaded as I am too, but I sense fundamentals will soon make sense as austerity measures come into play.
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