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EURUSD

  • #301,861
  • Oct 6, 2010 10:16am Oct 6, 2010 10:16am
Quoting Bootleger
UJ going downnnnnnnnn

Dude, we get the point OK? Please contribute a little more thoughtfully. You get old real fast.
  • #301,862
  • Oct 6, 2010 10:20am Oct 6, 2010 10:20am
I do not have depth in money market. What will happen if we bring most of the currency to parity with USD? Example:
1) EU: we need europe to increase export so that they can come out of the real problems in the ground, including unemployment. So 1:1 with USD will be good news for them.
2) AU: Waiting to go to parity and will not harm the economy
3) UJ: An 1:100 will solve all the BOJ headache.
4) GU: Same as EU.

Currency pegging at parity may be a good idea to avoid some deep pockets bankrupting the weaker economies.
I started thinking more like Chinese and Malaysians?
  • #301,863
  • Oct 6, 2010 10:20am Oct 6, 2010 10:20am
Quoting jet4x
e/u kissed 39 level n came back....LOL....
Not much bear power at 1.39, weak 15pips response.

Bull wants it higher....
They think they are smarter than I am.
  • #301,864
  • Oct 6, 2010 10:22am Oct 6, 2010 10:22am
This is wierd. Europe wants higher currency, US wants to destroy its dollar, YEN trying hard. wats gonna happen?

Forseeing another stock market crash soon as this INFLATION forcing policies unwind.
  • #301,865
  • Oct 6, 2010 10:23am Oct 6, 2010 10:23am
keep shorting, kids
check out my blog: forexmademillionaire dot com
  • #301,866
  • Oct 6, 2010 10:23am Oct 6, 2010 10:23am
short here @ 1.39105
  • #301,867
  • Oct 6, 2010 10:24am Oct 6, 2010 10:24am
  •  jet4x
  • | Joined Aug 2010 | Status: slow & steady turtle wins the race | 168 Posts
Quoting Z3iz3i
Not much bear power at 1.39, weak 15pips response.

Bull wants it higher....
im looking for 10-15pips scalping movment....
  • #301,868
  • Oct 6, 2010 10:24am Oct 6, 2010 10:24am
Quoting Lorna
Last time BoJ intervened (15 Sept) EU went up (fingers crossed same happens)
thankyou
making green pips large and red pips small this is my goal.
  • #301,869
  • Oct 6, 2010 10:25am Oct 6, 2010 10:25am
Quoting Geppy
keep shorting, kids
They think they are smarter than I am.
  • #301,870
  • Oct 6, 2010 10:31am Oct 6, 2010 10:31am
  •  jet4x
  • | Joined Aug 2010 | Status: slow & steady turtle wins the race | 168 Posts
EUR/USD
Trend: Upward
Buy@ 1.3904 Target 1.3934 Stop 1.3874
Supports: 1.3915 - 1.3867
Resistances: 1.3952 - 1.4000


anyone??????
  • #301,871
  • Oct 6, 2010 10:32am Oct 6, 2010 10:32am
Quoting TheDirtySerb
GO HAWKS!!!
Look Sharp/Trade Tight
  • #301,872
  • Oct 6, 2010 10:33am Oct 6, 2010 10:33am
Quoting Z3iz3i
They never learn, do they?
check out my blog: forexmademillionaire dot com
  • #301,873
  • Oct 6, 2010 10:33am Oct 6, 2010 10:33am
Quoting Masrim
!.3940 is a good daily resistance if you like shorting.
And 1.3920 is a good weekly resistance. Seems to be quite the confluence. Should be a good shorting opportunity, again, try a small position with a tight stop, as it's a risky thing looking for the top. But the r/r is decent.
That's the shorting zone, let's see what happens!
  • #301,874
  • Oct 6, 2010 10:34am Oct 6, 2010 10:34am
If EU gonna continue act this way it will reach 1.50 in a week

then 1.60 and then what? 2.00? 3.00? Dollar just crashing daily.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #301,875
  • Oct 6, 2010 10:36am Oct 6, 2010 10:36am
Quoting SkyzerFX
If EU gonna continue act this way it will reach 1.50 in a week

then 1.60 and then what? 2.00? 3.00?
  • #301,876
  • Oct 6, 2010 10:36am Oct 6, 2010 10:36am
http://img832.imageshack.us/img832/6736/28624613.jpg





take profit at R1 +40pip.. waiting for another dip.. and long again.
  • #301,877
  • Oct 6, 2010 10:38am Oct 6, 2010 10:38am
Quoting SkyzerFX
If EU gonna continue act this way it will reach 1.50 in a week

then 1.60 and then what? 2.00? 3.00?
And when everyone is bullish wham big drop lol gotta love forex.

Lesson" never get confident"
making green pips large and red pips small this is my goal.
  • #301,878
  • Oct 6, 2010 10:38am Oct 6, 2010 10:38am
Sorry to say this without any technical support or fundamental one, but...I'm going to join the long side now. See you all at 1.5
  • #301,879
  • Oct 6, 2010 10:38am Oct 6, 2010 10:38am
Don't you hate it when you have a great big giant brain fart like I just had, and then your boss rambles on and on and on and on and on, and you can't get out....

I think I'm done trading today....I need to step back from the keyboard before I blow up my account.
  • #301,880
  • Oct 6, 2010 10:40am Oct 6, 2010 10:40am
Quoting jdlev
Don't you hate it when you have a great big giant brain fart like I just had, and then your boss rambles on and on and on and on and on....

I think I'm done trading today....I need to step back from the keyboard before I blow up my account.
Yep, I was wondering how that turned out...

Quoting jdlev
I'm short at .3875 , and short biiiggggg

.3880 can't be breached...not today...and not this fast...

This is one day where fundamentals will get trumped by other factors...
In all honesty, I plan to rip this post apart later on when trading is pretty much dead. Don't take offense, just trying to help people learn a valuable lesson.
check out my blog: forexmademillionaire dot com
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