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  • #289,001
  • Sep 6, 2010 4:00am Sep 6, 2010 4:00am
All right, I'm short from 2902, maybe a little bit too fast, PA is touching now my trend line.

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  • #289,002
  • Sep 6, 2010 4:02am Sep 6, 2010 4:02am
Still short from 1,2900 area and looking for 1,2850 or below for today, then the upside should prevail for tomorrow
COT: The precious data ignored
  • #289,003
  • Sep 6, 2010 4:02am Sep 6, 2010 4:02am
Closed my long @2902 ( +2 pips) Thanks God, just a minute and then down 20 pips now.
Always account for variable change..
  • #289,004
  • Sep 6, 2010 4:16am Sep 6, 2010 4:16am
what was that 100 pip drop in the pound all about?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #289,005
  • Sep 6, 2010 4:17am Sep 6, 2010 4:17am
My view is that this 30min candle should be strong green if bulls want instant continuation and close above 1.29.

Waiting to see bull fail and short this.
They think they are smarter than I am.
  • #289,006
  • Sep 6, 2010 4:19am Sep 6, 2010 4:19am
Quoting gatorinla
oh well lets see if we get to 28824
DONE....................
  • #289,007
  • Sep 6, 2010 4:19am Sep 6, 2010 4:19am
Quoting kuroro001
Still short from 1,2900 area and looking for 1,2850 or below for today, then the upside should prevail for tomorrow
similar views , some ranging 2878 to 2931 before 2816 ,may further down to 2731 again .intermediate bounces 2863 & strongs 2845 & 2782.
may olay only shorts at this stages .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #289,008
  • Sep 6, 2010 4:20am Sep 6, 2010 4:20am
Quoting T.E.Lawrence
All right, I'm short from 2902, maybe a little bit too fast, PA is touching now my trend line.

Attachment
hi, what is your red horizontal lines in OandA's chart, is not indi, right?
No crystal ball. I read the cards.
  • #289,009
  • Sep 6, 2010 4:24am Sep 6, 2010 4:24am
Quoting intery
hi, what is your red horizontal lines in OandA's chart, is not indi, right?
correct
  • #289,010
  • Sep 6, 2010 4:25am Sep 6, 2010 4:25am
Yep, I saw the move down on Cable... I thought Euro may follow that heavy downward trend as well. Not sure what caused Cable to fall so hard.

Quoting Z3iz3i
My view is that this 30min candle should be strong green if bulls want instant continuation and close above 1.29.

Waiting to see bull fail and short this.
  • #289,011
  • Sep 6, 2010 4:26am Sep 6, 2010 4:26am
Ranging market due to bank holiday...My bias is bullish and its good to buy dips close to 2970 level...
  • #289,012
  • Sep 6, 2010 4:29am Sep 6, 2010 4:29am
Eruo should get a boost as oil futures are climbing since the development of tropical storm HERMINE in the Gulf of Mexico......FYI

I am long oil at this moment....2 contracts from 74.18 - target.....let the hurricane decide

Faller.
I don't trust any move - when you have profit...take it.
  • #289,013
  • Sep 6, 2010 4:29am Sep 6, 2010 4:29am
Fall to 1.2765.

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  • #289,014
  • Sep 6, 2010 4:36am Sep 6, 2010 4:36am
Quoting Faller
Eruo should get a boost as oil futures are climbing since the development of tropical storm HERMINE in the Gulf of Mexico......FYI

I am long oil at this moment....2 contracts from 74.18 - target.....let the hurricane decide

Faller.
So when Oil was falling during last week and market was climbing this was a contrarian play for you??????????????????!

GBP is good at forcasting
  • #289,015
  • Sep 6, 2010 4:39am Sep 6, 2010 4:39am
Quoting sidhujag
So when Oil was falling during last week and market was climbing this was a contrarian play for you??????????????????!
I did not trade oil last week, I traded Natural Gas....only traded oil on Friday during the employment numbers.
I don't trust any move - when you have profit...take it.
  • #289,016
  • Sep 6, 2010 4:40am Sep 6, 2010 4:40am
Quoting Faller
I did not trade oil last week, I traded Natural Gas....only traded oil on Friday during the employment numbers.

I meant the Euro to which you are referring to
  • #289,017
  • Sep 6, 2010 4:41am Sep 6, 2010 4:41am
http://www.auto-forex-trading.co.uk/...rader#comments

Very Interesting articles.......... go for it
  • #289,018
  • Sep 6, 2010 4:44am Sep 6, 2010 4:44am
Quoting sidhujag
I meant the Euro to which you are referring to
Sorry for the confusion.....actually I did not trade the Eruo last week....or oil....except for Friday I traded oil during employment numbers.

I let the Eruo and Oil play out how they wanted to......I traded Natural Gas for many reasons....however, I don't think this forum is where I should be discussing that.......

As for my comment about the Eruo getting a boost because oil is moving up due to the Hurricane in the Gulf..........Oil is traded in US dollars....and as oil rises it affects currency......this is my observation....as well as others.....

Cheers!
I don't trust any move - when you have profit...take it.
  • #289,019
  • Sep 6, 2010 4:44am Sep 6, 2010 4:44am
Wheres that chick that said we all need to go back to school for thinking EU 1.3x?
  • #289,020
  • Sep 6, 2010 4:47am Sep 6, 2010 4:47am
Quoting Faller
Sorry for the confusion.....actually I did not trade the Eruo last week....or oil....except for Friday I traded oil during employment numbers.

I let the Eruo and Oil play out how they wanted to......I traded Natural Gas for many reasons....however, I don't think this forum is where I should be discussing that.......

As for my comment about the Eruo getting a boost because oil is moving up due to the Hurricane in the Gulf..........Oil is traded in US dollars....and as oil rises it affects currency......this is my observation....as well as others........
Listen if you understand what is going on in the economy you wouldn't be the contrarian play.

If oil is effected by Gulf disasters it is going DOWN not up... not because of demand but because of confidence.
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