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EURUSD

  • #289,781
  • Sep 7, 2010 1:44pm Sep 7, 2010 1:44pm
Quoting kandarv
Maybe, but not today.
oops newer low
those who can, do. those who cant, talk about those who can
  • #289,782
  • Sep 7, 2010 1:46pm Sep 7, 2010 1:46pm
Quoting gatorinla
oops newer low
Gee....how did that happen?!?
  • #289,783
  • Sep 7, 2010 1:46pm Sep 7, 2010 1:46pm
The way I see it atm we are in a price limbo. Clear breach of 12678 would mean more downside, whereas 12737 would mean more upside.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #289,784
  • Sep 7, 2010 1:46pm Sep 7, 2010 1:46pm
hi guys.
  • #289,785
  • Sep 7, 2010 1:46pm Sep 7, 2010 1:46pm
Quoting PriceVolume
Gee....how did that happen?!?
it might be a shakeout
  • #289,786
  • Edited 1:59pm Sep 7, 2010 1:49pm | Edited 1:59pm
Quoting gatorinla
oops newer low
It'll probable get to 1.2660-47, but it will find a support there which I think it'll hold for the rest of the session and maybe bounce a bit in the asian/london.

Edit: resistance -> support
  • #289,787
  • Sep 7, 2010 1:52pm Sep 7, 2010 1:52pm
I live in deep South
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Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #289,788
  • Sep 7, 2010 1:52pm Sep 7, 2010 1:52pm
Quoting mfoste1
it might be a shakeout
Yep. That must be it....
  • #289,789
  • Sep 7, 2010 1:56pm Sep 7, 2010 1:56pm
i got some support there also on the way to 23716.. but breaking 2703 so easily.. is not gonna be stopped by a tl less then a few months old.
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those who can, do. those who cant, talk about those who can
  • #289,790
  • Sep 7, 2010 1:57pm Sep 7, 2010 1:57pm
Quoting Driver55
eyes open with your shorts.... we are directed at 2790 as 1. step
we still have to confirm 2790 as resistance...

Quoting gatorinla
i got some support there also on the way to 23716.. but breaking 2703 so easily.. is not gonna be stopped by a tl less then a few months old.
2645 is older.
  • #289,791
  • Sep 7, 2010 2:06pm Sep 7, 2010 2:06pm
Quoting T.E.Lawrence
just sold eur/jpy @106,73
trade closed +34 pips
  • #289,792
  • Sep 7, 2010 2:07pm Sep 7, 2010 2:07pm
Quoting Mr Hatch
we still have to confirm 2790 as resistance...



2645 is older.
all i can say is. i have never had an indi skip 100 pips. i have never seen a indi this strong.. it took 11 bears to get this far in the last move.. if 23716 is reached its only 6.. there was little retrace in the 11 bear (2814) move until 25955.. i suspect it will move faster this time with little retrace. sorry i have seen this before on the gy and the eur/aud.. now lets c what reaction is at 68 and 77... less reaction = stronger bear..
those who can, do. those who cant, talk about those who can
  • #289,793
  • Sep 7, 2010 2:09pm Sep 7, 2010 2:09pm
Quoting Mr Hatch



2645 is older.
lt TL at 2645? can you display your chart please
  • #289,794
  • Sep 7, 2010 2:09pm Sep 7, 2010 2:09pm
Quoting gatorinla
we will c..
when will it retrace...?
  • #289,795
  • Sep 7, 2010 2:11pm Sep 7, 2010 2:11pm
It looks really funny to me!

For last 3 weeks I am watching that when EU breaks a support or resistance, some guys are commenting now EU will move to 1.3400 or 1.21.

Ha ha ha. But the reality is EU is moving within 1.2580 and 1.2900. Then why you are predicting such a huge movement just for breaking a support and resistance within this range which is breaking repeatedly?

It looks unrealistic to me. Obviously one day either 1.21 or 1.34 will be touched (might be in 2 weeks). But we can't predict that just for breaking 1 or 2 resistance which is at middle of a range. I think we should wait either the breaking of 1.2920 or 1.2580 for predicting that future movement.

I read a post in ff 2 days ago where a guy predicted what may happen in Monday, Tuesday, Wednesday, Thursday and Saturday. He even predicted fractional pips and now eu is 300 pips far from his prediction. This type of useless prediction is confusing newbies.
In forex, one currency is always up!
  • #289,796
  • Sep 7, 2010 2:12pm Sep 7, 2010 2:12pm
Recovering all pips lost with shorts tp 2672 perhaps, hope no trouble this time.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #289,797
  • Sep 7, 2010 2:14pm Sep 7, 2010 2:14pm
Quoting enterfx
lt TL at 2645? can you display your chart please
not a tl. a s/r-line drawn from 2006/07/17 daily candle - and a target gator threw in earlier.
  • #289,798
  • Sep 7, 2010 2:14pm Sep 7, 2010 2:14pm
Quoting Srikanth
got stopped out in the morning with a buy @ 2830 & stopped at 2800. opened a short @ 2800 now the TP is: 2590
wow...what a nice day...this is playing exactly today...
  • #289,799
  • Sep 7, 2010 2:15pm Sep 7, 2010 2:15pm
Asia will be interesting tonite, they probably will take this further down.
They think they are smarter than I am.
  • #289,800
  • Sep 7, 2010 2:17pm Sep 7, 2010 2:17pm
Quoting bbtoy
when will it retrace...?
it just did. to 2730
those who can, do. those who cant, talk about those who can
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