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  • #297,481
  • Sep 28, 2010 10:09am Sep 28, 2010 10:09am
Adding couple of sell lots at 1.355 to balance lower entries would end this round.
Important point is to have good reserves for eventual spikes and patience to resist too early exit.
  • #297,482
  • Sep 28, 2010 10:10am Sep 28, 2010 10:10am
damn guys,, stop shorting the EURO...
let's keep the LONG going
  • #297,483
  • Sep 28, 2010 10:11am Sep 28, 2010 10:11am
come on, little bear,...
  • #297,484
  • Sep 28, 2010 10:11am Sep 28, 2010 10:11am
I suppose it's necessary to wait for some time until EUR will go up again.
  • #297,485
  • Sep 28, 2010 10:12am Sep 28, 2010 10:12am
http://www.forexfactory.com/showpost...stcount=297487


Out of my long on EURUSD too.
The best thing that can happen to you is to find out where you're wrong.
  • #297,486
  • Sep 28, 2010 10:13am Sep 28, 2010 10:13am
Quoting pres78
No close above 1.3550 what is everyone thinking?

Hourly bar closed just above upper tl of this wedge. If it comes down under again I will consider a sell, it may be a turning point .

watching gold and SPX
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  • #297,487
  • Sep 28, 2010 10:14am Sep 28, 2010 10:14am
Quoting Driver55
http://www.forexfactory.com/showpost...stcount=297487


Out of my long on EURUSD too.

Today is a good day for You
  • #297,488
  • Sep 28, 2010 10:15am Sep 28, 2010 10:15am
Quoting sisse
LOL, NP, the key issue is:

Experts see gold price rising to $1,450 according to a poll of bankers, producers and analysts attending the London Bullion Market Association conference in Berlin, the biggest gathering of the precious metal’s industry....

sisse
So, they want us buy into gold heavily. I wander if prices will be moving south fast soon?
  • #297,489
  • Sep 28, 2010 10:16am Sep 28, 2010 10:16am
Quoting sash
Today is a good day for You
I never complain. There are good days and bad days.
It is in the nature of this kind of things.
The best thing that can happen to you is to find out where you're wrong.
  • #297,490
  • Sep 28, 2010 10:17am Sep 28, 2010 10:17am
something is very wrong here.......the markets should have tanked on this data. The fed is obviously already buying securities. this is bullshit
  • #297,491
  • Sep 28, 2010 10:18am Sep 28, 2010 10:18am
Starting to see some bearish 15min candles and volume is down.
Might be time for a little retrace!
  • #297,492
  • Sep 28, 2010 10:21am Sep 28, 2010 10:21am
it is still going up north..just hit 1.3560 area.
  • #297,493
  • Sep 28, 2010 10:21am Sep 28, 2010 10:21am
Quoting mfoste1
something is very wrong here.......the markets should have tanked on this data. The fed is obviously already buying securities. this is bullshit
What do you mean by this?
  • #297,494
  • Sep 28, 2010 10:21am Sep 28, 2010 10:21am
Quoting mfoste1
something is very wrong here.......the markets should have tanked on this data. The fed is obviously already buying securities. this is bullshit

Just a question of time of how long the markets can hold up. The longer the more and brutal the downside will be. Bull sentiments is at an extreme in several markets. Vice versa for USD bears.
  • #297,495
  • Sep 28, 2010 10:22am Sep 28, 2010 10:22am
This looks like repositioning to 1.38-1.35 area, shorts = hope for a shakout. Probability of shakeout usually is a bit lower then of continuation. Especially given that we just broke 50% weekly fibo and it took two days (27, 28) with a proper retrace, that is rather usual circumstances (not too quick or too strong, etc).

2mfoste1:
SP500 - EU correlation is not constant. Bad news can force flight to quality, but it also can force ccy portfolios repositioning - for example if ppl believe that us bad news => more us easening, etc
  • #297,496
  • Sep 28, 2010 10:22am Sep 28, 2010 10:22am
Quoting roxen99
its not a time to short now.it wud be wise to wait till price reach back 3500 level and then open ur longs as long term trend is favouring buying
i warned ya guys before
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #297,497
  • Sep 28, 2010 10:22am Sep 28, 2010 10:22am
Shorted half pos. @ 13563
The best thing that can happen to you is to find out where you're wrong.
  • #297,498
  • Sep 28, 2010 10:22am Sep 28, 2010 10:22am
Hmmm....so, it's not going to reach 1.3600? We'll see.
  • #297,499
  • Sep 28, 2010 10:22am Sep 28, 2010 10:22am
Quoting mfoste1
something is very wrong here.......the markets should have tanked on this data. The fed is obviously already buying securities. this is bullshit
Good morning all, just woke up. Happy to see that Gold above 1300 and that Euro shooting above that 1.35...

The FED is always doing the wrong thing and it won't change
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #297,500
  • Sep 28, 2010 10:23am Sep 28, 2010 10:23am
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