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  • #308,881
  • Oct 18, 2010 1:55pm Oct 18, 2010 1:55pm
i smell bullish momentum for euro...
  • #308,882
  • Oct 18, 2010 1:57pm Oct 18, 2010 1:57pm
Quoting Mr Hatch
i'm sorry to have bothered you. will never happen again. i just wanted to understand your statement.
WHAT? You have not bothered me. I dont know how it sounded but i meant no harm. U can ask anytime, whatever u want. My apologize for misunderstanding.

  • #308,883
  • Oct 18, 2010 1:59pm Oct 18, 2010 1:59pm
I have got short at 1,3875 and 1,3950 I will not close it even market reachs to 1,4250
  • #308,884
  • Oct 18, 2010 2:00pm Oct 18, 2010 2:00pm
Quoting T@rantula
WHAT? You have not bothered me. I dont know how it sounded but i meant no harm. U can ask anytime, whatever u want. My apologize for misunderstanding.

still, this statement does not make sense to me, i'm missing things easily at this hour of the day.

"Failure of 3770 is the only bears' chance."
  • #308,885
  • Oct 18, 2010 2:00pm Oct 18, 2010 2:00pm
Quoting fisingfx
i smell bullish momentum for euro...
I don't smell much... which direction is the wind blowing (=could you elaborate on reasons that led your nose to conclude the odor of the sentiment)
  • #308,886
  • Oct 18, 2010 2:01pm Oct 18, 2010 2:01pm
rumor - breakout imminent
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #308,887
  • Oct 18, 2010 2:01pm Oct 18, 2010 2:01pm
1hr close above 1.3994 50% fib.
Today's zone = Tomorrow's opportunity!
  • #308,888
  • Oct 18, 2010 2:01pm Oct 18, 2010 2:01pm
Quoting bososo
I have got short at 1,3875 and 1,3950 I will not close it even market reachs to 1,4250
same here lol will wait for market to come down
  • #308,889
  • Oct 18, 2010 2:02pm Oct 18, 2010 2:02pm
Quoting Mr Hatch
still, this statement does not make sense to me, i'm missing things easily at this hour of the day.

"Failure of 3770 is the only bears' chance."
If EU breaks below 3770 it could easily switch momentum to 3500.
  • #308,890
  • Oct 18, 2010 2:03pm Oct 18, 2010 2:03pm
Will she crack it though Dow shaping up for small down move so may prevent it

Quoting pipper
Shaping up to test 1.4 region shortly
Disclaimer: Check your 1m charts
  • #308,891
  • Oct 18, 2010 2:04pm Oct 18, 2010 2:04pm
Quoting raasmasud
same here lol will wait for market to come down

haha stubborn rulez )
  • #308,892
  • Oct 18, 2010 2:04pm Oct 18, 2010 2:04pm
Quoting Mr Hatch
i'm sorry to have bothered you. will never happen again. i just wanted to understand your statement.
lol
  • #308,893
  • Oct 18, 2010 2:04pm Oct 18, 2010 2:04pm
Quoting malcolmb14
asai looking for test 1.3940 area for along in london potential of 1.4050 / 1.4100 test (assuming that days range completes to upside in london)
Swing projection could extend to 4150.
  • #308,894
  • Oct 18, 2010 2:04pm Oct 18, 2010 2:04pm
Quoting raasmasud
same here lol will wait for market to come down
just curious about your risk factor for that trade
  • #308,895
  • Oct 18, 2010 2:04pm Oct 18, 2010 2:04pm
Quoting T@rantula
If EU breaks below 3770 it could easily switch momentum to 3500.
thanks, now i got it. :nerd:
  • #308,896
  • Oct 18, 2010 2:05pm Oct 18, 2010 2:05pm
Quoting T.E.Lawrence
Entered long @3908.
Just closed this trade, +87 pips.
  • #308,897
  • Oct 18, 2010 2:05pm Oct 18, 2010 2:05pm
bull is bullshit and bear is unbearable now
  • #308,898
  • Oct 18, 2010 2:07pm Oct 18, 2010 2:07pm
Quoting Mr Hatch
thanks, now i got it. :nerd:
No problem. Always ask if u want to, im glad to help.
  • #308,899
  • Oct 18, 2010 2:08pm Oct 18, 2010 2:08pm
Currently EU is sitting under the uptrend line which was revised on Oct 12th's drop to 1.3770.

Time will tell if it breaks above, or is halted by the line and sellers.

Also, if you take last weeks move above 1.4 out of the picture, PA has stalled 3 times around this area.
  • #308,900
  • Oct 18, 2010 2:09pm Oct 18, 2010 2:09pm
Quoting T@rantula
What is PA?

The basic definition of PA is selling resistance and buying support always in the direction of MAIN TREND.

This PA setup is bullish. EU is aiming for 4270 levels. Failure of 3770 is the only bears' chance. H4 turned bullish.
may be but still not , H4 tf price moving up after it confirmed sell signal & not any significant rally up to sofar & have suuport from weekly also not so promising this time , having doji & 6th decision making candle running , only start . usdx still not so broken down .
lets see 4028/38 may stop , should even low 4013. H&S still in the scene Heavy pressure for bull no doubt.
fontu
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