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  • #295,601
  • Sep 23, 2010 11:01am Sep 23, 2010 11:01am
Quoting Vladimir1987
if u gonna trade in 1h smallest tf u have to let it go a little bit further..
1st 1h resistance is at 330...

just my opinion.. better that someone tell whose trading 1h- i do 15min

thanks for the tip . will keep it in mind the next time .

  • #295,602
  • Sep 23, 2010 11:05am Sep 23, 2010 11:05am
Overall even after the spikes the uptrend is still intact and the bulls want to go higher. I can't see why they would not want to at least re-test the 1.3450 level a second time before conceeding defeat and jumping on the bear wagon out of town.

Especially with no new news until tommorow AM...
Today's zone = Tomorrow's opportunity!
  • #295,603
  • Sep 23, 2010 11:10am Sep 23, 2010 11:10am
Quoting woo
and i can tell you guys, ivnt been trading for 3 months. This was my first day trading. I did all very well, but lost 90% of my profit cause i thought good usd news would sink eurusd down, but market behaving irrational, and instead start ranging.

Sometime you lose too hard if you hold hard on to a belief.

Actually i could see the range coming. Prices had a hard time going below 17 level. an then prices going up to 25 level. of course it will test 33, reaching a higher top, and thus a small up trend building up. Man you cant make any decisions...
Don't give up on yourself Woo. Sometimes trying too hard = trading too long and just makes us tired n irritable. That's when mistakes are made - I know, I make them. Stop for the day, take some rest and 'carefully' see what is happening tomorrow. :-)
  • #295,604
  • Sep 23, 2010 11:17am Sep 23, 2010 11:17am
5min could be shape as double bottom, isn't it?
but it needs time to complete.
Good companion, is a trophy.
  • #295,605
  • Sep 23, 2010 11:28am Sep 23, 2010 11:28am
i wanted it to touch the pivot for a short, but no.
  • #295,606
  • Sep 23, 2010 11:32am Sep 23, 2010 11:32am
Quoting rebelheart
Market News International’s Steve Beckner, one of the most experienced Fed watchers around, says the Fed did not go as far down the road toward QE as the market thinks…
To go a little further, Bloomberg mentioned this report above and that the FED wants the market to correct itself without taking measures as much as possible.But that by saying they "might", can bring about desired outcomes sooner.
What this means exactly is anyones guess. I thought it was an interesting discussion though.
  • #295,607
  • Sep 23, 2010 11:45am Sep 23, 2010 11:45am
Very funny Obama say 5 words and the Chinese translator speak one half hour
  • #295,608
  • Sep 23, 2010 11:48am Sep 23, 2010 11:48am
Quoting EuroTrader
Very funny Obama say 5 words and the Chinese translator speak one half hour
lol i thought strokes in the writings only speech also
400 pips remaining.
  • #295,609
  • Sep 23, 2010 11:51am Sep 23, 2010 11:51am
Quoting EuroTrader
Very funny Obama say 5 words and the Chinese translator speak one half hour
Yes that speech (sentence) isn't market moving by any means... back to the slow climb to 1.3450. Might see some quicker moves once we get back into Asia and I think for sure London will either take a hard run at 1.3400 and 1.3450 and then maybe 1.3500 to see how much steam can be collected... or depending on ealry morning EUR news and reaction to such it could turn down and take a hard run at 1.3300.

At some point either the 1.33 or the 1.34 / 1.3450 levels are going to give. Or so I think... HMM???
Today's zone = Tomorrow's opportunity!
  • #295,610
  • Sep 23, 2010 11:52am Sep 23, 2010 11:52am
It seem that it is an optimistic perspective ... then up
  • #295,611
  • Sep 23, 2010 11:53am Sep 23, 2010 11:53am
Quoting EuroTrader
It seem that it is an optimistic perspective ... then up
Up for the EUR or USD?
Today's zone = Tomorrow's opportunity!
  • #295,612
  • Sep 23, 2010 11:57am Sep 23, 2010 11:57am
Quoting pres78
Up for the EUR or USD?
optimistic= up EUR
  • #295,613
  • Sep 23, 2010 11:59am Sep 23, 2010 11:59am
Quoting EuroTrader
optimistic= up EUR
Yes but it seems the EUR is listening to that old Foghat song "Slow Ride"... Volume sucks in the NY session after London close.
Today's zone = Tomorrow's opportunity!
  • #295,614
  • Sep 23, 2010 12:01pm Sep 23, 2010 12:01pm
Quoting EuroTrader
Very funny Obama say 5 words and the Chinese translator speak one half hour
lollol
Enter Signature
  • #295,615
  • Sep 23, 2010 12:01pm Sep 23, 2010 12:01pm
Is the Euro going to support the price up or gold and silver ( now 1295 and 21.20) ?

That 1300 level is not far away
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,616
  • Sep 23, 2010 12:02pm Sep 23, 2010 12:02pm
Quoting pres78
Yes that speech (sentence) isn't market moving by any means... back to the slow climb to 1.3450. Might see some quicker moves once we get back into Asia and I think for sure London will either take a hard run at 1.3400 and 1.3450 and then maybe 1.3500 to see how much steam can be collected... or depending on ealry morning EUR news and reaction to such it could turn down and take a hard run at 1.3300.

At some point either the 1.33 or the 1.34 / 1.3450 levels are going to give. Or so I think... HMM???

but the chances are better than in roulette, there you have the zero...

so keep on gambling ;-)

PittBull
  • #295,617
  • Sep 23, 2010 12:02pm Sep 23, 2010 12:02pm
HI everyone..

Hows trading?

Anyone's still holding a long from 1.3200?

If yes? any reason..
<<|[[Making $$Money$$ is the matter of Strategy and Opportunity]]|>>
  • #295,618
  • Sep 23, 2010 12:02pm Sep 23, 2010 12:02pm
Quoting pres78
Yes but it seems the EUR is listening to that old Foghat song "Slow Ride"... Volume sucks in the NY session after London close.
i'm in the mood

rhythm is right.
Enter Signature
  • #295,619
  • Sep 23, 2010 12:03pm Sep 23, 2010 12:03pm
Quoting Pitt Bull
but the chances are better than in roulette, there you have the zero...

so keep on gambling ;-)

PittBull
Very True... Best of luck in your trading...
Today's zone = Tomorrow's opportunity!
  • #295,620
  • Sep 23, 2010 12:04pm Sep 23, 2010 12:04pm
Quoting Pitt Bull
but the chances are better than in roulette, there you have the zero...

so keep on gambling ;-)

PittBull
house always wins!
Enter Signature
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