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  • #281,261
  • Aug 12, 2010 8:49pm Aug 12, 2010 8:49pm
Quoting dfptommyj
I c it.. u think it'll hold? too shallow

i dunno, regardless of whether it does or not, there will be a trade here.....i just closed my long from 1.0112 earlier this session....i may reopen the trade again @ 0339.Looking at it again, I'd say it might consolidate here....
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  • #281,262
  • Aug 12, 2010 8:57pm Aug 12, 2010 8:57pm
maybe this is going to bounce off support and go test 1.3000 line that has not been tested yet , most major s/r lines that are broken are tested again .

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  • #281,263
  • Aug 12, 2010 8:59pm Aug 12, 2010 8:59pm
eurusd badly wants to go up... it needs to break 80 to swing higher..towards 1,2940
COT: The precious data ignored
  • #281,264
  • Aug 12, 2010 9:00pm Aug 12, 2010 9:00pm
Two or three days ago someone posted a chart with an indicator that showed "Stripped and rewritten Palla" as its name. I am unable to locate that post.

Appreciate if the said indicator could be shared.

TF
  • #281,265
  • Aug 12, 2010 9:00pm Aug 12, 2010 9:00pm
Quoting kuroro001
eurusd badly wants to go up... it needs to break 80 to swing higher..towards 1,2940

yea i have 2886 as a resistance.....
  • #281,266
  • Aug 12, 2010 9:05pm Aug 12, 2010 9:05pm
If we can break this resistance line, I'm long.
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  • #281,267
  • Aug 12, 2010 9:07pm Aug 12, 2010 9:07pm
Nothing behind this movement, who's buying it ? gdp must be really good i suppose
COT: The precious data ignored
  • #281,268
  • Aug 12, 2010 9:09pm Aug 12, 2010 9:09pm
looks like greenback's gonna get it today (if EU helps with data)
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  • #281,269
  • Aug 12, 2010 9:10pm Aug 12, 2010 9:10pm
Look at my chart...moving the upward trend-line up a few pips....looks like a reversal...

http://i990.photobucket.com/albums/a...ic8/081210.jpg
  • #281,270
  • Aug 12, 2010 9:14pm Aug 12, 2010 9:14pm
In daily chart it is in downtrend, so it will go short only, but we will wait for some time if it breaks 1.3000 level then it will turn to up trend.

todays level
resistance- 1.2912,1.2998,1.3064.
support - 1.276, 1.2694,1.2608.
  • #281,271
  • Aug 12, 2010 9:14pm Aug 12, 2010 9:14pm
Another tricky Friday?
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Look Sharp/Trade Tight
  • #281,272
  • Aug 12, 2010 9:15pm Aug 12, 2010 9:15pm
Quoting kuroro001
Nothing behind this movement, who's buying it ? gdp must be really good i suppose

lol who knows.....this move the past week could have been to shake out weak longs and get the market short again.....I highly doubt that, but you never know. We'll find out soon enough
  • #281,273
  • Aug 12, 2010 9:16pm Aug 12, 2010 9:16pm
looking good
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  • #281,274
  • Aug 12, 2010 9:17pm Aug 12, 2010 9:17pm
I still think the EY might provide some clues..
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Look Sharp/Trade Tight
  • #281,275
  • Aug 12, 2010 9:18pm Aug 12, 2010 9:18pm
Quoting kuroro001
What's your view for today gator ? favoring shorts or long ?
back up a little and read.. i need to c what happens ar 2886.. its a mid. they rarely are not touched
those who can, do. those who cant, talk about those who can
  • #281,276
  • Aug 12, 2010 9:24pm Aug 12, 2010 9:24pm
Quoting kuroro001
Nothing behind this movement, who's buying it ? gdp must be really good i suppose
oo really? then i know who u r
  • #281,277
  • Aug 12, 2010 9:25pm Aug 12, 2010 9:25pm
looking good
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  • #281,278
  • Aug 12, 2010 9:30pm Aug 12, 2010 9:30pm
part of rounded top 1100? decline in september? just something to think about........would complete a very bearish H&S top.......
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  • #281,279
  • Aug 12, 2010 9:35pm Aug 12, 2010 9:35pm
Quoting mfoste1
part of rounded top 1100? decline in september? just something to think about........would complete a very bearish H&S top.......
Im beginning to think if they ever going to let it fall down any more, this "come back" from recetion lows was very impulsive, and they keep saying in media all over that stocks are still very cheap...
  • #281,280
  • Aug 12, 2010 9:38pm Aug 12, 2010 9:38pm
Quoting dfptommyj
Im beginning to think if they ever going to let it fall down any more, this "come back" from recetion lows was very impulsive, and they keep saying in media all over that stocks are still very cheap...
and you really believe the media. I bought oil at 90 and am still waiting for 200 cause the media said that is where it is going ...lol

of course I did not buy oil... I am just joking.

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