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EURUSD

  • #284,241
  • Aug 20, 2010 8:40am Aug 20, 2010 8:40am
I am watching 2645 as the real number to confirm if we move more down next week.

Short positions have been in play for the whole week. If the number doesn't get beaten before close today I will probably close half the positions.

LONGS should be very careful. Just see the last week candle.
  • #284,242
  • Aug 20, 2010 8:40am Aug 20, 2010 8:40am
If EU break 267 the targets are 26 (50% retrace May-Aug 2010 move) and 252 (May, Jun, Jul daily botttoms) areas
  • #284,243
  • Aug 20, 2010 8:40am Aug 20, 2010 8:40am
down candles show more strength than up candles.

short again (besides the old positions)
dreams do come true.
  • #284,244
  • Aug 20, 2010 8:42am Aug 20, 2010 8:42am
Quoting paul1
Anyone says they know what going to happen in future please tell me saturdays lottery numbers. I'll send you postcard lol
Its impossible to predict lottery numbers as the probability is close to 1:14000000. There is no technical analysis there except making a mathematical logarithm to calculate % chance based on drawings..

Pure luck...
  • #284,245
  • Aug 20, 2010 8:48am Aug 20, 2010 8:48am
hi guys!
so what was the fundamental reason for this breakout? any ideas...
  • #284,246
  • Aug 20, 2010 8:54am Aug 20, 2010 8:54am
if dax 6000 break, w gonne down
  • #284,247
  • Aug 20, 2010 8:55am Aug 20, 2010 8:55am
Quoting tonysep
hi guys!
so what was the fundamental reason for this breakout? any ideas...

http://www.forexlive.com/126687/all/...-first-quarter
  • #284,248
  • Aug 20, 2010 8:59am Aug 20, 2010 8:59am
The eur doesn't seem to have the strength for a retrace.
looks good for short.
making green pips large and red pips small this is my goal.
  • #284,249
  • Aug 20, 2010 9:01am Aug 20, 2010 9:01am
It ain't looking good...we might see 1,2730 today before 1,2640
COT: The precious data ignored
  • #284,250
  • Aug 20, 2010 9:02am Aug 20, 2010 9:02am
According to cnbc its because the markets have been filled with talks about a double dip. I only read cnbc for entertainment purposes but this time they are on to something...
  • #284,251
  • Aug 20, 2010 9:04am Aug 20, 2010 9:04am
Long Euro at .2688 - Small First Target retrace back to .2700 - then will assess from there.
I don't trust any move - when you have profit...take it.
  • #284,252
  • Aug 20, 2010 9:05am Aug 20, 2010 9:05am
something is wrong with that down move. Itchy fingers ... buy
SL to BE as soon as possible.

Already at be
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 43 KB
  • #284,253
  • Aug 20, 2010 9:05am Aug 20, 2010 9:05am


Quoting kuroro001
It ain't looking good...we might see 1,2730 today before 1,2640
  • #284,254
  • Aug 20, 2010 9:10am Aug 20, 2010 9:10am
stopped... i love you euro...
  • #284,255
  • Aug 20, 2010 9:10am Aug 20, 2010 9:10am
Keeps pushing down
making green pips large and red pips small this is my goal.
  • #284,256
  • Aug 20, 2010 9:13am Aug 20, 2010 9:13am
Broke the bulls protest at 1.2675 also.
In forex, one currency is always up!
  • #284,257
  • Aug 20, 2010 9:15am Aug 20, 2010 9:15am
Who's betting for new low on eurchf today ?? below 1,3170
COT: The precious data ignored
  • #284,258
  • Aug 20, 2010 9:15am Aug 20, 2010 9:15am
Quoting kidspips
Broke the bulls protest at 1.2675 also.
Have some faith.....its not that bad.....yet....or is it?
I don't trust any move - when you have profit...take it.
  • #284,259
  • Aug 20, 2010 9:17am Aug 20, 2010 9:17am
2650 is monthly pivot on my book. cross it and that would take eu to... HELL LOL
dreams do come true.
  • #284,260
  • Aug 20, 2010 9:18am Aug 20, 2010 9:18am
Quoting Faller
Have some faith.....its not that bad.....yet....or is it?
That level was protecting euro for a long time and its now broken. But I really frustrated with eu bears today.
In forex, one currency is always up!
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