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  • #283,441
  • Aug 18, 2010 11:53pm Aug 18, 2010 11:53pm
It will be very hard to break 2780-60 zone. Touching 2748 means 2600 or more. even downtrend possible for longer term
You cannot learn better without losing
  • #283,442
  • Aug 18, 2010 11:56pm Aug 18, 2010 11:56pm
Quoting longfellow
Bolton is "former" UN and while there of course "anti-UN" ambassador. Fox gets it both ways--they get cred with "UN ambassador" reference, and of course, the anti-UN crowd.
those sneaky sons of bitches.
those who can, do. those who cant, talk about those who can
  • #283,443
  • Aug 18, 2010 11:57pm Aug 18, 2010 11:57pm
Quoting Scorpii
Looking very bearish....why long?
I can see were in the 1.2730 vicinity is a better Support to be patient for but there could be some S building up around that level.

My daily support 2 is right around there as well.

Read an article earlier this evening, ( I must say, you posters on this site or more reliable than the so called experts IMO ) but this guy has a pretty good record as of late and his key area to go Long is 1.2780--1.28.

I will not automatically place a trade if it gets there I want to see what happens when it gets there first.. I'll take 20-35 Pips on it with S.L set tight.

It it dont work out I will try Long again around 1.2730
  • #283,444
  • Aug 18, 2010 11:59pm Aug 18, 2010 11:59pm
Quoting forexings
It will be very hard to break 2780-60 zone. Touching 2748 means 2600 or more. even downtrend possible for longer term
We'll know for sure by the end of the next daily candle if this is a reversal and eur/usd is completely bearish.Looks that way right now....
When The Ducks Start Quackin..
  • #283,445
  • Aug 19, 2010 12:04am Aug 19, 2010 12:04am
we go up
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  • #283,446
  • Aug 19, 2010 12:10am Aug 19, 2010 12:10am
do u think this is head and shoulder and we are going down?
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  • #283,447
  • Aug 19, 2010 12:14am Aug 19, 2010 12:14am
i think if we break a trendline than shrt short short ;p and close my long
  • #283,448
  • Aug 19, 2010 12:15am Aug 19, 2010 12:15am
Quoting w3bpro
we go up

You cant say that until the end of the trading day today. A bounce off primary trend is supposed to be an excellent move, however the bounce had nothing to it.
When The Ducks Start Quackin..
  • #283,449
  • Aug 19, 2010 12:16am Aug 19, 2010 12:16am
dawn trend still valid till taget hit....... as u can see on our chart analysis. but lets us see this point first.
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bakare
  • #283,450
  • Aug 19, 2010 12:17am Aug 19, 2010 12:17am
I do not think this recent downward move is going to negate or halt the strong uptrend in this pair. At least that is in part what I will be basing my Long on.
  • #283,451
  • Aug 19, 2010 12:20am Aug 19, 2010 12:20am
Quoting Alihuzaifa
do u think this is head and shoulder and we are going down?
Weird night. Dollar is OB against Eu and UJ but neither of them want to do anything about it. Also both facing strong S/R. For now i don't see anything to do but wait and see where momentum goes.
  • #283,452
  • Aug 19, 2010 12:21am Aug 19, 2010 12:21am
Quoting w3bpro
we go up
Thats looking bearish...
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  • #283,453
  • Aug 19, 2010 12:22am Aug 19, 2010 12:22am
Quoting adexadams
dawn trend still valid till taget hit....... as u can see on our chart analysis. but lets us see this point first.

sl 3925, tp 2705?......niceeeeee

not a very good risk/reward ratio huh?
  • #283,454
  • Aug 19, 2010 12:24am Aug 19, 2010 12:24am
Quoting stevefx
Weird night. Dollar is OB against Eu and UJ but neither of them want to do anything about it. Also both facing strong S/R. For now i don't see anything to do but wait and see where momentum goes.
Sounds good. You can't lose money by being patient and potentially missing out on a very good trade but you can get in too early and be stuck in a trade that had no chance of being a winner.
  • #283,455
  • Aug 19, 2010 12:26am Aug 19, 2010 12:26am
yes, if we break a trendline on D1 than short ofcourse , now still with long ;p we will see
  • #283,456
  • Aug 19, 2010 12:30am Aug 19, 2010 12:30am
The first assault on the 1.2780 barricade has held. Tell the men " good job ".

Let's see if they can hold out again.

Then I might take a Long at this level.
  • #283,457
  • Aug 19, 2010 12:33am Aug 19, 2010 12:33am
maybe German PPI tell us where the chart is going
  • #283,458
  • Aug 19, 2010 12:37am Aug 19, 2010 12:37am
Quoting mfoste1
sl 3925, tp 2705?......niceeeeee

not a very good risk/reward ratio huh?
If it goes in your favor you can always make an adjustment as long as your decreasing it.
  • #283,459
  • Aug 19, 2010 12:48am Aug 19, 2010 12:48am
Still in my shorts taken quite a bit of pain after yesterdays shenanigans
pulling the price back upto 129 and beyond a bit.

The monthly pivot is at 12880. Someone was asking about pivots yesterday. Monthly pivots can be quite strong, obviously hold a lot more credence than daily pivots.
rat
  • #283,460
  • Aug 19, 2010 12:58am Aug 19, 2010 12:58am
Quoting w3bpro
yes, if we break a trendline on D1 than short ofcourse , now still with long ;p we will see

you're crazy. I hope that's a very short trade..
When The Ducks Start Quackin..
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