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EURUSD

  • #302,261
  • Oct 6, 2010 11:49pm Oct 6, 2010 11:49pm
  •  jet4x
  • | Joined Aug 2010 | Status: slow & steady turtle wins the race | 168 Posts
Quoting T@rantula
Technical says: longs @ 3920 t/p 3974 s/l 3880 ( last swing low - 5 points)

Attachment
  • #302,262
  • Oct 6, 2010 11:49pm Oct 6, 2010 11:49pm
Quoting dswk
support is around 82.30
dswk how are you? long time no see you too, hope all is allright in that side of the woods
The Chonchy
  • #302,263
  • Oct 6, 2010 11:50pm Oct 6, 2010 11:50pm
Looks almost too easy to make money these days with this pair.
Trend is clear (with small noises around), so scalpers, position players, long-term players all score and score and score.
Hidden hyperinflation knocks to doors.

Tarantula predicted last move precisely again
  • #302,264
  • Oct 6, 2010 11:50pm Oct 6, 2010 11:50pm
http://img716.imageshack.us/img716/4...rweekly.th.png

Weekly timeframe in a worrysome position.
1) Broke the 61.8% Fibonacci retracement
2) Heading for Median line, should bounce of it but momentum will probably drive this up

Im having shorts placed at the median line, 40 Pip Stop Loss, long term play, timeframe 1.5-2 Weeks, Take profit target being 120 Pips
  • #302,265
  • Edited Oct 7, 2010 12:01am Oct 6, 2010 11:50pm | Edited Oct 7, 2010 12:01am
R1 3983 and then 4000 but it may bounce of the PP carefull protect your profits
The Chonchy
  • #302,266
  • Oct 6, 2010 11:51pm Oct 6, 2010 11:51pm
damn
  • #302,267
  • Oct 6, 2010 11:52pm Oct 6, 2010 11:52pm
Quoting The Fool
look at the U/J - no support
79.75, I remember that area, had to blow a customer out on a margin call. I'm pretty sure I sold the exact low for him. He was a scale down value type.
Look Sharp/Trade Tight
  • #302,268
  • Oct 6, 2010 11:52pm Oct 6, 2010 11:52pm
Quoting chonchy
dswk how are you? long time no see you too, hope all is allright in that side of the woods
Hi Chonchy, i'm fine thank u.
Especially with such a market. ^^
Btw i did not post to much but i'm reading a lot.
  • #302,269
  • Oct 6, 2010 11:53pm Oct 6, 2010 11:53pm
Quoting jet4x
2 Minutes after the reply!

Bah Boooooom!
  • #302,270
  • Oct 6, 2010 11:56pm Oct 6, 2010 11:56pm
Above 3987 open way for 4026
  • #302,271
  • Oct 6, 2010 11:58pm Oct 6, 2010 11:58pm
Quoting kuroro001
Poor dollar
Twilight zone of Americane empire.
Ambitions and greed ruin what was fundament of strong economic growth in XX century.
We should really be concerned (more money you make, more concerned you are) about possibility that all money will simply turn to nothing one morning.
Buying physical gold is what rich people do these days.
  • #302,272
  • Oct 6, 2010 11:59pm Oct 6, 2010 11:59pm
i dont think will breach 1.4000 its a mayor level.. we should bounce down... probably the news will take care of it...
  • #302,273
  • Oct 6, 2010 11:59pm Oct 6, 2010 11:59pm
Quoting PayTheLimit
79.75, I remember that area, had to blow a customer out on a margin call. I'm pretty sure I sold the exact low for him. He was a scale down value type.
tempting to jump in there & maybe grab a quick shot of bank action for a few hundred pips but I learned my lesson trying to fish those with the SNB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #302,274
  • Oct 7, 2010 12:00am Oct 7, 2010 12:00am
Quoting Creator
Twilight zone of Americane empire.
Ambitions and greed ruin what was fundament of strong economic growth in XX century.
We should really be concerned (more money you make, more concerned you are) about possibility that all money will simply turn to nothing one morning.
Buying physical gold is what reach people are doing these days.
im not buying have no cash
  • #302,275
  • Oct 7, 2010 12:02am Oct 7, 2010 12:02am
Quoting chonchy
R1 3983 and then 4000 but it may bounce of the PP carefull protect your profits
R1 and bounce, a little retrace and boom 4000 me think but carefull is overbought like there is no tomorrow
The Chonchy
  • #302,276
  • Oct 7, 2010 12:03am Oct 7, 2010 12:03am
Quoting The Fool
tempting to jump in there & maybe grab a quick shot of bank action for a few hundred pips but I learned my lesson trying to fish those with the SNB
An old trader once told me, in the end interventions are always a fade. Its the timing that makes it tricky.
Look Sharp/Trade Tight
  • #302,277
  • Oct 7, 2010 12:03am Oct 7, 2010 12:03am
Quoting Vladimir1987
im not buying have no cash
It's right time to make it
  • #302,278
  • Oct 7, 2010 12:13am Oct 7, 2010 12:13am
Quoting Pipnel
I'm closing another 1/3 of the trade for 920+

I will be watching closely if we get past 1.40629. If we do 1.41663, or 1.42697...
I've been buying this thing like crazy


http://img818.imageshack.us/img818/4...rusd60oct7.gif
"In economics, the majority is always wrong." John Kenneth Galbraith
  • #302,279
  • Oct 7, 2010 12:15am Oct 7, 2010 12:15am
sicological level is right there come on man make, "my day" then M4 4010 is my entrie shortI spect another bounce there
The Chonchy
  • #302,280
  • Oct 7, 2010 12:16am Oct 7, 2010 12:16am
Quoting Pipnel
I've been buying this thing like crazy


http://img818.imageshack.us/img818/4...rusd60oct7.gif

do you want the phone number of my Lamborghini dealer, you should buy one man
The Chonchy
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