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  • #280,361
  • Aug 11, 2010 7:50am Aug 11, 2010 7:50am
closed longs still got older shorts running.. looking for direction... we could go hard either way... im short biased atm... if you get a loosing trade get out.. walk away.. chop chop till we break..
those who can, do. those who cant, talk about those who can
  • #280,362
  • Aug 11, 2010 7:55am Aug 11, 2010 7:55am
Quoting ibicuy
....no bull around and zero reaction to US commercial balance bad news..


any idea??? hope Eu go up to 32xx.....
bad news for u.s. will hurt euro... good news for u.s. will hurt euro.. bad news for euro will hurt euro. good news for euro will be limited..just like in late 2008 early 2009..
those who can, do. those who cant, talk about those who can
  • #280,363
  • Aug 11, 2010 7:55am Aug 11, 2010 7:55am
My analysis is that it feels crappy, anyway I've seen enough good trading to all
Look Sharp/Trade Tight
  • #280,364
  • Aug 11, 2010 8:02am Aug 11, 2010 8:02am
look like still want to goes down until 1.2862...but maybe not today...
  • #280,365
  • Aug 11, 2010 8:02am Aug 11, 2010 8:02am
Quoting gatorinla
bad news for u.s. will hurt euro... good news for u.s. will hurt euro.. bad news for euro will hurt euro. good news for euro will be limited..just like in late 2008 early 2009..
2695 should hold the bears, until 25xx is broken we are still in uptrend
  • #280,366
  • Aug 11, 2010 8:05am Aug 11, 2010 8:05am
maybe 82 will give it. got BEed out. out for lunch

green pips guys.
dreams do come true.
  • #280,367
  • Aug 11, 2010 8:06am Aug 11, 2010 8:06am
Quoting T@rantula
Thanx m8
3281 and the levels in sequence working proved the predictive move to 3281 worked. after nfp news the spike stopped exactly at 3281... then down before resuming.. in a cycle i allow slippage of 6%.(in a big move).. as long as the target is respected. it was... so we always go back to target and pull back if valid.. this is the pullback atm. this happens over and over on this pair.. the less the pullback shows direction of trend strength. the same with slippage. yesterday just before news we hit a target and a sar also.. that plus news caused a spike... the spike stopped in its tracks. the daily sar reversed.. so we are here.. if not for news we would be lower. it slows down the move..
those who can, do. those who cant, talk about those who can
  • #280,368
  • Aug 11, 2010 8:07am Aug 11, 2010 8:07am
Quoting wannaberich
praying with u now!

hehe, thank youz
  • #280,369
  • Aug 11, 2010 8:08am Aug 11, 2010 8:08am
US June trade deficit $49 bln, highest since Oct 2008
  • #280,370
  • Aug 11, 2010 8:08am Aug 11, 2010 8:08am
Quoting T@rantula
2695 should hold the bears, until 25xx is broken we are still in uptrend
according to the numbers and the chart since 2008 we have been in a downtrend. on the way to .8580
those who can, do. those who cant, talk about those who can
  • #280,371
  • Aug 11, 2010 8:10am Aug 11, 2010 8:10am
Quoting gatorinla
3281 and the levels in sequence working proved the predictive move to 3281 worked. after nfp news the spike stopped exactly at 3281... then down before resuming.. in a cycle i allow slippage of 6%.(in a big move).. as long as the target is respected. it was... so we always go back to target and pull back if valid.. this is the pullback atm. this happens over and over on this pair.. the less the pullback shows direction of trend strength. the same with slippage. yesterday just before news we hit a target and a sar also.. that plus news caused a spike......
exactly, the slower the move down the stronger the bulls are ( positive retracement )
  • #280,372
  • Aug 11, 2010 8:10am Aug 11, 2010 8:10am
break fibo 76.4 more down i guess to
1 set 2878 and 2 set 2776
  • #280,373
  • Aug 11, 2010 8:11am Aug 11, 2010 8:11am
Quoting gatorinla
according to the numbers and the chart since 2008 we have been in a downtrend. on the way to .8580
I would allow for a retest of 33xx and furthermore 35xx levels. if that happens and if it breaks 37xx is next and more short covering will be in play
  • #280,374
  • Aug 11, 2010 8:13am Aug 11, 2010 8:13am
falling rapidly...
  • #280,375
  • Aug 11, 2010 8:21am Aug 11, 2010 8:21am
Quoting Spoony
falling rapidly...

Thats because your too close to the screen..
  • #280,376
  • Aug 11, 2010 8:21am Aug 11, 2010 8:21am
As much as I'd like to chase here, I still believe we have a push to 1.35 before the correction is complete. My fear is that the move is taking off without me, but trading on fear is an even better way to lose money than to miss out on moves. FML.
"If it was good enough for Gann, it's good enough for me..."
  • #280,377
  • Aug 11, 2010 8:22am Aug 11, 2010 8:22am
  •  jet4x
  • | Joined Aug 2010 | Status: slow & steady turtle wins the race | 168 Posts
yepppeeeeee.......finally hit my tp 1.2950.........bag of pips....hahaha....thnx a lot guys for teaching me sumthng new everyday.....
i really appreciate ur reply's.......have a gud one....take care all of u....
  • #280,378
  • Aug 11, 2010 8:24am Aug 11, 2010 8:24am
eur/chf is heading to 1.35.
They think they are smarter than I am.
  • #280,379
  • Aug 11, 2010 8:24am Aug 11, 2010 8:24am
Just look EUR/CHF
  • #280,380
  • Aug 11, 2010 8:27am Aug 11, 2010 8:27am
There is previous resistance/support around 2950...if we break through here I don't see much stopping power til down to around 2750.. just what I see..
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assume the position...whichever that may be
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