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EURUSD

  • #294,801
  • Sep 22, 2010 4:37am Sep 22, 2010 4:37am
Quoting lorix
1.3360 shoted with 1.2850 target
  • #294,802
  • Edited 5:32am Sep 22, 2010 4:38am | Edited 5:32am
Quoting infinitus
With the break of 1.3340 we now have probably this ABC-Pattern unfolding.

Have a look at Awesome Oscillator (AO). I think the recent wave 3 will likely extend, because AO is not high enough. We wil see.......

I think, wave 3 will target 1.3550, maybe 1.3672

In ABC is A even C = somewhere around 1.40!!!! 3. wave 1.35
G.
  • #294,803
  • Sep 22, 2010 4:39am Sep 22, 2010 4:39am
Bull is really strong, now i wonder even if coming back to test 1.3250 level today, maybe later in the week...
They think they are smarter than I am.
  • #294,804
  • Sep 22, 2010 4:41am Sep 22, 2010 4:41am
The 1.3330 level is passed. What now, guys? This level was very strong, but despite this it is done. In that case should be go now to 1.3500, then 1.3700?
  • #294,805
  • Sep 22, 2010 4:41am Sep 22, 2010 4:41am
Those were the days when I was talking about a positive reversal
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  • #294,806
  • Sep 22, 2010 4:44am Sep 22, 2010 4:44am
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  • #294,807
  • Sep 22, 2010 4:48am Sep 22, 2010 4:48am
Quoting sash
The 1.3330 level is passed. What now, guys? This level was very strong, but despite this it is done. In that case should be go now to 1.3500, then 1.3700?
PA is not driven by levels it broke. There is no 'should'. Just watch PA, wait for signals and react.
  • #294,808
  • Sep 22, 2010 4:48am Sep 22, 2010 4:48am
Quoting sash
The 1.3330 level is passed. What now, guys? This level was very strong, but despite this it is done. In that case should be go now to 1.3500, then 1.3700?
Bulls need at least one more try to push towards 3500 levels...Above that many stops will be collected and shorts need to cover....

35xx levels must be taken in order to advance further north....The incapability of taking those levels could again pull us down to 2695
  • #294,809
  • Sep 22, 2010 4:54am Sep 22, 2010 4:54am
Quoting T@rantula
Bulls need at least one more try to push towards 3500 levels...Above that many stops will be collected and shorts need to cover....

35xx levels must be taken in order to advance further north....The incapability of taking those levels could again pull us down to 2695
Sure 35xx must be taken to advance north, but within what timeframe? Only a day ago we were at 1.31 levels, that's 250pip move. I am perfectly happy seeing the EUR/USD consolidate around these levels for a day or two, and then if it still wants to go north...well, I keep my longs .
  • #294,810
  • Sep 22, 2010 4:56am Sep 22, 2010 4:56am


please somebody must laugh with me, congratulation to me and to you !

kah kah kah kah ho ho ho ho !!!! what a good day today !!!!

thanks god.
  • #294,811
  • Sep 22, 2010 5:03am Sep 22, 2010 5:03am
Quoting T@rantula
Bulls need at least one more try to push towards 3500 levels...Above that many stops will be collected and shorts need to cover....

35xx levels must be taken in order to advance further north....The incapability of taking those levels could again pull us down to 2695
You think that bears can push EURUSD on 700 pips? it will be trend u-turn rather than correction
  • #294,812
  • Sep 22, 2010 5:04am Sep 22, 2010 5:04am
Quoting T.E.Lawrence
PA is not driven by levels it broke. There is no 'should'. Just watch PA, wait for signals and react.
I'm sorry, but what is PA?
  • #294,813
  • Edited 5:06am Sep 22, 2010 5:04am | Edited 5:06am
pending scalp @83 for me
  • #294,814
  • Sep 22, 2010 5:05am Sep 22, 2010 5:05am
Quoting sash
I'm sorry, but what is PA?

price action.
400 pips remaining.
  • #294,815
  • Sep 22, 2010 5:06am Sep 22, 2010 5:06am
Quoting DeReas
price action.
ok, thanks
  • #294,816
  • Sep 22, 2010 5:10am Sep 22, 2010 5:10am
THE 1400+ pip rally from Jun 6 to Aug 6 this year never saw a multi-day retrace >300 pips but also never strung more than 6 bullish daily candles together. We are working on 9 of 10 bull candles with hardly a retrace --- >700 pips in just 10 days...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #294,817
  • Edited 5:16am Sep 22, 2010 5:14am | Edited 5:16am
Quoting Fly2
pending scalp @83 for me
BE SL TP 52/Now I wait n see
  • #294,818
  • Sep 22, 2010 5:14am Sep 22, 2010 5:14am
Quoting The Fool
THE 1400+ pip rally from Jun 6 to Aug 6 this year never saw a multi-day retrace >300 pips but also never strung more than 6 bullish daily candles together. We are working on 9 of 10 bull candles with hardly a retrace --- >700 pips in just 10 days...
So do you conclude that a correction is due or there is still plenty of room to go up?
  • #294,819
  • Sep 22, 2010 5:17am Sep 22, 2010 5:17am
Quoting zaphy
So do you conclude that a correction is due or there is still plenty of room to go up?
past performance is not indicative of future returns.

However, as rallies go, this one is shaping up to be a mf.

Plenty of wild cards in the deck, though...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #294,820
  • Sep 22, 2010 5:17am Sep 22, 2010 5:17am
Quoting sash
You think that bears can push EURUSD on 700 pips? it will be trend u-turn rather than correction
u just need a magical number where most money will take profit and turn short...

shure this will take couple of days...

ass the fool said 10 candle green and thats daily!!! so 3500 is possible but i dont know for the trend reversal??? as i said if its gonna reverse a week will be needed...
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