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  • #282,821
  • Aug 17, 2010 9:39am Aug 17, 2010 9:39am
Quoting Mr Bull
That H1 chart really seems to show a head and shoulders pattern. Somehow is supporting a scenario that I posted earlier - we might still go up. But who knows...
Yeah, expecting one big sized last leg down usdx before start the jouney up . may not be ready yet for such action and at the same time not think it already reached the bottom.

fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eudx.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #282,822
  • Aug 17, 2010 9:39am Aug 17, 2010 9:39am
usd could get legs if usdx breaks 8234.....2828 may be good long scalp.
  • #282,823
  • Aug 17, 2010 9:44am Aug 17, 2010 9:44am
Quoting mfoste1
usd could get legs if usdx breaks 8234.....2828 may be good long scalp.
May be you are talking about kny legs up but does not seem possible even at 8265 ar at top.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eudx1.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #282,824
  • Aug 17, 2010 9:45am Aug 17, 2010 9:45am
Quoting ikhram
it's over for bulls
if you want some pips buy now.
  • #282,825
  • Aug 17, 2010 9:45am Aug 17, 2010 9:45am
Hmm, I was expecting 43-49 to hold though, considering 100 moving average rest around that area.

Wanted to buy here but bearish momentum seem strong. Unsure where a decent stop loss could be put if I go long here, so would just watch first.

Currently seem to be testing neckline. If I drew my charts wrongly, please correct me and be forgiving. I am still a newbie

Edit: Seems to be holding now after I posted... hmmm...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_15 Mins_snapshot.jpg Size: 169 KB
Click to Enlarge Name: Chart_EUR_USD_Hourly_snapshot.jpg Size: 179 KB
Click to Enlarge Name: Chart_EUR_USD_4 Hours_snapshot.jpg Size: 162 KB
  • #282,826
  • Aug 17, 2010 9:46am Aug 17, 2010 9:46am
at those levels. i admit i did expect it to go past that level.

not looking good for us T. very strong bear strength seen.

let's see if bull strength is bigger even. if it turns out to be so, and we don't close below either the flag or the upwards channel, there will be more bull to come!

while we write this we just saw a great looking 15m candle! maybe not today, but we will see 939

hapipipin



Quoting T@rantula
So after all, you havent scaled out :/
dreams do come true.
  • #282,827
  • Aug 17, 2010 9:46am Aug 17, 2010 9:46am
Quoting ikhram
it's over for bulls
Let' s see tomorrow... maybe then the fat lady will sing...
  • #282,828
  • Aug 17, 2010 9:46am Aug 17, 2010 9:46am
Quoting mfoste1
no thats not what i was talking about.....some idiot from HUD was talking about the great progress the housing market has made.....

but on the other note, I'm thinking of doing that obama thing.
yeah he musta been an idiot, HUD is a joke for the consumer. it's a great idea but when it comes to actually helping someone out, please. my father in law(soon to be) owns quite a bit of property. 17 rentals locally along with some land...quite a few people here in CA are losing jobs as we know. 2-3 of his tenants were attempting to get on the HUD program for a rent discount. it's a minimum 1 year waiting list atm just to see if you qualify. so if you can make it a year w/o a job or with half the income lol, THEN you qualify for HUD..one has now been able to receive the benefit and it is a good deal once you're on it, half of the rent is paid for each tenant plus a kick back to the property owner for putting a HUD family in the home.
  • #282,829
  • Aug 17, 2010 9:47am Aug 17, 2010 9:47am
Closed short for +15....i don't like scalping days...i'm flat until something good appear
COT: The precious data ignored
  • #282,830
  • Aug 17, 2010 9:48am Aug 17, 2010 9:48am
Crucial level... USDX's touching MA50..H1, H4, and Daily chart still supporting the bull on EU.. I stay aside
  • #282,831
  • Aug 17, 2010 9:48am Aug 17, 2010 9:48am
Quoting SunTrader
My remote (for when my TV is rarely on) is programmed to skip CNBC.
same here. i'll flick to fox once in a great while for a laugh it seems anymore though. BLOOMBERG if you're a trader w/o a basic TV news source. far less politics and always market data
  • #282,832
  • Aug 17, 2010 9:48am Aug 17, 2010 9:48am
Quoting fontu
May be you are talking about kny legs up but does not seem possible even at 8265 ar at top.
fontu

here....
Attached Image (click to enlarge)
Click to Enlarge Name: usdxaug17.jpg Size: 132 KB
  • #282,833
  • Aug 17, 2010 9:49am Aug 17, 2010 9:49am
Quoting SunTrader
Of course I do. Best channel there is.

Jon Stewart is the only one to watch about the news.
what about colbert?

edit:really i should change this...i guess JS does speak more about the "news" while Colbert is more about the jokes. a lil news but more with a funny spin
  • #282,834
  • Aug 17, 2010 9:50am Aug 17, 2010 9:50am
next stop 2890. stalling there probably for the rest of the day.

maaaaaan, when i close this long it will be my personal record for sure. and then maybe not LOL
dreams do come true.
  • #282,835
  • Aug 17, 2010 9:52am Aug 17, 2010 9:52am
Quoting Maxsmart
nasty
pretty disgusting huh
Enter Signature
  • #282,836
  • Aug 17, 2010 9:53am Aug 17, 2010 9:53am
Quoting forexings
Bear will remain weak until it comes below 2800
Be careful with shorts
Nice bull trap. Taken after broke current uptrend. almost fooling bear
You cannot learn better without losing
  • #282,837
  • Aug 17, 2010 9:53am Aug 17, 2010 9:53am
Quoting kuroro001
Closed short for +15....i don't like scalping days...i'm flat until something good appear
something better than nothing.
Enter Signature
  • #282,838
  • Aug 17, 2010 9:53am Aug 17, 2010 9:53am
Quoting uraceulose
what about colbert?
not really.
Enter Signature
  • #282,839
  • Aug 17, 2010 9:54am Aug 17, 2010 9:54am
Quoting wannaberich
next stop 2890. stalling there probably for the rest of the day.

maaaaaan, when i close this long it will be my personal record for sure. and then maybe not LOL

where are you long from?

I was short London Open cut the trade and went long
as I was abit slow picking up the bullishness this AM.

Long @ 12865 not a great entry been long for hours now
I´m targetting the weekly Pivot but its just not doing much now.
rat
  • #282,840
  • Aug 17, 2010 9:56am Aug 17, 2010 9:56am
After this sudden bounce i have no other choice than going long...tp is 1,2950 & 1,3030

Ignore the fundies i gotta say.....China rules
COT: The precious data ignored
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