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EURUSD

  • #288,221
  • Sep 2, 2010 7:42am Sep 2, 2010 7:42am
Trichet didn't give us the ball to play
Waiting for Bernanke
You cannot learn better without losing
  • #288,222
  • Sep 2, 2010 7:44am Sep 2, 2010 7:44am
anywhere broadcasting Bernanke?
  • #288,223
  • Sep 2, 2010 7:46am Sep 2, 2010 7:46am
Quoting ttoony
anywhere broadcasting Bernanke?
i'd recommend bloomberg online, but often they interrupt and comment on what he says, i don't really like that. but bloomberg is an option.
  • #288,224
  • Sep 2, 2010 7:48am Sep 2, 2010 7:48am
I would suppose that after this hour (4hr candle closes) bulls shooting this up to 1.2880-85 for next candle....
They think they are smarter than I am.
  • #288,225
  • Sep 2, 2010 7:58am Sep 2, 2010 7:58am
Quoting longshot_nl
No, fib level...
http://www.forexfactory.com/showthre...01#post3995101
This fib bothers me a little.
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  • #288,226
  • Sep 2, 2010 7:58am Sep 2, 2010 7:58am
Still trapped, 24 hours of nothing. The market is so used to bad news that they don't react anymore.
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  • #288,227
  • Sep 2, 2010 8:02am Sep 2, 2010 8:02am
Quoting longshot_nl
This fib bothers me a little.
that clearly reminds me of the situation we had in march.
  • #288,228
  • Sep 2, 2010 8:02am Sep 2, 2010 8:02am
I guess I need to stufy levels more; trending is all over
  • #288,229
  • Sep 2, 2010 8:06am Sep 2, 2010 8:06am
Quoting kandarv
Still trapped, 24 hours of nothing. The market is so used to bad news that they don't react anymore.

there is still low volume......
  • #288,230
  • Sep 2, 2010 8:07am Sep 2, 2010 8:07am
Quoting longshot_nl
This fib bothers me a little.
i rode it up for another 40 pips, it took a lot of balls!!!! i had to manually enter a 10 pips SL before placing my order.. anyways your fib looks ok, and according to my set-up its a 38% retrace of the 6th of august fall... see pic below..
good luck
mike
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  • #288,231
  • Sep 2, 2010 8:08am Sep 2, 2010 8:08am
Quoting HiCS
i rode it up for another 40 pips, it took a lot of balls!!!! i had to manually enter a 10 pips SL before placing my order.. anyways your fib looks ok, and according to my set-up its a 38% retrace of the 6th of august fall... see pic below..
good luck
mike
otherwise you are looking at 2930!! but its likely nothing will happen till NFP so will see u till then..
  • #288,232
  • Sep 2, 2010 8:09am Sep 2, 2010 8:09am
what was the news ? where we supposed to be heading ? down and then up ?
  • #288,233
  • Sep 2, 2010 8:14am Sep 2, 2010 8:14am
Quoting DrLobo
what was the news ? where we supposed to be heading ? down and then up ?
the news is, europe is safe, despite any contradictory rumors

it's a bit difficult to decide where we are heading right now, if you're not in on any direction already, as we are in the centre of the range right now.

chart is m15 btw.
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  • #288,234
  • Sep 2, 2010 8:14am Sep 2, 2010 8:14am
Quoting DrLobo
what was the news ? where we supposed to be heading ? down and then up ?

Down and then up and then down again and up again!!!
  • #288,235
  • Sep 2, 2010 8:18am Sep 2, 2010 8:18am
thanks !



Quoting Mr Hatch
the news is, europe is safe, despite any contradictory rumors

it's a bit difficult to decide where we are heading right now, if you're not in on any direction already, as we are in the centre of the range right now.

chart is m15 btw.
  • #288,236
  • Sep 2, 2010 8:19am Sep 2, 2010 8:19am
Quoting mfoste1
there is still low volume......
Let's see then what happens when the market opens in 10 minutes. Also the reaction to Pending Home Sales. Maybe they're waiting for NFP tomorrow, although is not going to be good and everybody knows it, probably it's already priced in.
  • #288,237
  • Sep 2, 2010 8:25am Sep 2, 2010 8:25am
Breaking news Imf syas JAPAN NEEDS A MAJOR FISCAL CORRECTION
  • #288,238
  • Sep 2, 2010 8:26am Sep 2, 2010 8:26am
Breaking news imf says potential drop in output usa and eu
  • #288,239
  • Sep 2, 2010 8:43am Sep 2, 2010 8:43am
today the market has spent 99% of the time going down and 1% going up. Yet we are almost same place where day started out.

What does that mean ?
  • #288,240
  • Sep 2, 2010 8:49am Sep 2, 2010 8:49am
Quoting DrLobo
today the market has spent 99% of the time going down and 1% going up. Yet we are almost same place where day started out.

What does that mean ?
Well, its swinging slowly down from daily highs but investors are really wary as well, this it is and not even its worst...

Just have to trust in this moving range, make high probable scalps and it works.
They think they are smarter than I am.
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