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EURUSD

  • #281,781
  • Aug 13, 2010 9:32am Aug 13, 2010 9:32am
GU stops still intact I think
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 22 KB
Look Sharp/Trade Tight
  • #281,782
  • Aug 13, 2010 9:33am Aug 13, 2010 9:33am
1.2742 is the 50 Day MA, and just above a tentative trend line that may be forming on the daily.

If it just weren't Friday.
  • #281,783
  • Aug 13, 2010 9:33am Aug 13, 2010 9:33am
how stupid so where did all those Bulls go ???
  • #281,784
  • Aug 13, 2010 9:33am Aug 13, 2010 9:33am
buy a 12770 - TP 12850, for me retrace
  • #281,785
  • Aug 13, 2010 9:34am Aug 13, 2010 9:34am
2744 and 2737 has a nice trend line support in my chart.
  • #281,786
  • Aug 13, 2010 9:35am Aug 13, 2010 9:35am
Quoting kuroro001
Another lesson learned..do not ever try to pick a bottom
But that's where you can take a shot with a very tight SL.
  • #281,787
  • Aug 13, 2010 9:35am Aug 13, 2010 9:35am
Quoting DrLobo
how stupid so where did all those Bulls go ???

they are losing money
  • #281,788
  • Aug 13, 2010 9:36am Aug 13, 2010 9:36am
Quoting ziko123
they are losing money
Think they must have all shorted because resistance was non existance.
  • #281,789
  • Aug 13, 2010 9:36am Aug 13, 2010 9:36am
Quoting gatorinla
we got 11 targets on the way down to date. #12 2703 is the next wave.. but we could have another bump just below mpp.. tl 2773 45 2690 15..plus fibs etc.

#13 26369
#14 25246
#15 2514
here we are.
  • #281,790
  • Aug 13, 2010 9:38am Aug 13, 2010 9:38am
Quoting DrLobo
how stupid so where did all those Bulls go ???
They all went to market. Now sausages.
  • #281,791
  • Aug 13, 2010 9:39am Aug 13, 2010 9:39am
this pa blows...no money out there


we broke the big #, not enough action though
  • #281,792
  • Aug 13, 2010 9:39am Aug 13, 2010 9:39am
EC a little heavy..
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 18 KB
Look Sharp/Trade Tight
  • #281,793
  • Aug 13, 2010 9:39am Aug 13, 2010 9:39am
minus a few pips.

closing half the positions there and the other (probably there too) but manually depending on PA

do expect we get past this level after such huge accumulation on the 820...

Quoting uraceulose
here we are.
dreams do come true.
  • #281,794
  • Aug 13, 2010 9:41am Aug 13, 2010 9:41am
Quoting andreypu
Gator. Europe has other things that matters in todays economy . 1 is science., skills and innovation (research from nukes to space rockets ). 2 infrastructure from fast trains to ports. 3 cheap labor, most of non europeans seem to forget that the eu has in its inner core cheap Eastern European labor that can compete with chinese labor if you take into account transportation. A romanian worker producing dacias exported worlwide by renault costs 300 $ a month. A czech engineer working in bi o technology gets 1000 $ a month. what europe doesnt have...
this is all under the manufacturing category...
  • #281,795
  • Aug 13, 2010 9:43am Aug 13, 2010 9:43am
Quoting kuroro001
Another lesson learned..do not ever try to pick a bottom
unless u like getting ur bottom burnt.
  • #281,796
  • Aug 13, 2010 9:44am Aug 13, 2010 9:44am
Good luck to all...and Good trading

ps I still think cable is going to run those stops 45/50...
Look Sharp/Trade Tight
  • #281,797
  • Aug 13, 2010 9:44am Aug 13, 2010 9:44am
they are on vacation at Nazaré...
Quoting DrLobo
how stupid so where did all those Bulls go ???
Attached Image
  • #281,798
  • Aug 13, 2010 9:45am Aug 13, 2010 9:45am
Quoting Jhig
Price is set up to hit first level 1.2850

Level 1.28 experienced "double bottoms" pattern formation from retest of yesterday and today.

In addition, a valid bullish pin bar (H1) is presented on level 1.28
the pin failed. i bailed on the UJ daily one also, will wait to reload
  • #281,799
  • Aug 13, 2010 9:46am Aug 13, 2010 9:46am
Seems like it's making lower lows, might have another bear run. Although it's already 149 pips from the high of the day.
  • #281,800
  • Aug 13, 2010 9:47am Aug 13, 2010 9:47am
http://www.kirkreport.com/pictures/sumo_market.gif

Have a good WE
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