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EURUSD

  • #314,061
  • Oct 26, 2010 10:27am Oct 26, 2010 10:27am
Quoting forexings
For technical reason.
Bear applied same method as bull did when bid was 3900-15.
Method is: 1M 200MA just below/above the support/resistance.
I was happily sold euro. When i see this bear technique
They think they are smarter than I am.
  • #314,062
  • Oct 26, 2010 10:28am Oct 26, 2010 10:28am
Am i crazy or does anyone not see the head and shoulder pattern playing out perfectly. Longs beware
  • #314,063
  • Oct 26, 2010 10:29am Oct 26, 2010 10:29am
I think we all agree this market is going down in long term.

Quoting dami32
Am i crazy or does anyone not see the head and shoulder pattern playing out perfectly. Longs beware
  • #314,064
  • Edited 10:41am Oct 26, 2010 10:31am | Edited 10:41am
may be ready bull usdx again or soon , d top though there & eu back short rally , no apparent stop here except hypothetical lower border of diamond before 3828( not any strong may be ) .
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #314,065
  • Oct 26, 2010 10:32am Oct 26, 2010 10:32am
Quoting dami32
Am i crazy or does anyone not see the head and shoulder pattern playing out perfectly. Longs beware
we see it.. but they are unreliable in forex.
those who can, do. those who cant, talk about those who can
  • #314,066
  • Oct 26, 2010 10:32am Oct 26, 2010 10:32am
the big dogs will probably be selling into the short covering from uk session .
Be nimble buddies rocky road up get out as soon as weakness shows.
making green pips large and red pips small this is my goal.
  • #314,067
  • Oct 26, 2010 10:40am Oct 26, 2010 10:40am
i really wish i was awake for eur open... it dropped just like i thought it would but i didn't want to be in a trade while i was sleeping so i could sleep well and not worry about my trade haha
Rise and rise again until the Lambs become LIONS!!!
  • #314,068
  • Oct 26, 2010 10:41am Oct 26, 2010 10:41am
Next Target: 1.3820 We`ll see
  • #314,069
  • Oct 26, 2010 10:41am Oct 26, 2010 10:41am
Quoting dami32
Am i crazy or does anyone not see the head and shoulder pattern playing out perfectly. Longs beware
seeing as we been going down all day expecting european traders to be exiting there shorts thus pushing price up a bit.
When they closed maybe price resume on south journey.

This is chance for big dogs to enter shorts without lowering price against themselves .
making green pips large and red pips small this is my goal.
  • #314,070
  • Oct 26, 2010 10:42am Oct 26, 2010 10:42am
not sure

http://www.forexfactory.com/showpost...stcount=314107
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  • #314,071
  • Oct 26, 2010 10:44am Oct 26, 2010 10:44am
I won't suggest to sell now. Bear target was to break 3850 support but it could be a trap because after breaking support price pulled back above 3860 with positive 1M MACD. RSI also good.
I will wait for 3790 for another short
You cannot learn better without losing
  • #314,072
  • Oct 26, 2010 10:46am Oct 26, 2010 10:46am
Quoting DrLobo
I think we all agree this market is going down in long term.
Still can't agree , retrace only a little so far ,break 3334 & extra 100 pips may confirm 1st , 2nd 2587 & last confirmation 1875 break.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #314,073
  • Oct 26, 2010 10:49am Oct 26, 2010 10:49am
Quoting forexings
For technical reason.
Bear applied same method as bull did when bid was 3900-15.
Method is: 1M 200MA just below/above the support/resistance.
I was happily sold euro. When i see this bear technique
you use 1M with 200 MA ? and sell or buy above and below of MA ?
  • #314,074
  • Oct 26, 2010 10:58am Oct 26, 2010 10:58am
Quoting Richalok
you use 1M with 200 MA ? and sell or buy above and below of MA ?
Depend on market condition and what kinda support/resistance providing.
Basically in calm market it's not possible to break resistance when 1M 200MA staying just above the resistance. If bull tried to break that resistance there could be a good reaction.
And it's a great advantage when pair comes in critical area for a direction.
You cannot learn better without losing
  • #314,075
  • Oct 26, 2010 10:59am Oct 26, 2010 10:59am
does anyone know what dudley fed is expected to say?
  • #314,076
  • Oct 26, 2010 11:01am Oct 26, 2010 11:01am
i'm agreeing with short to as low as 3350/30 from where we are now. but this pair is still bull in higher tf
4157 is going to be the top for quite couple of weeks
this pair is ranging 4000-3350...that big huh..
this view cant be wrong easy doesnt it
  • #314,077
  • Oct 26, 2010 11:01am Oct 26, 2010 11:01am
back building bear now 1.3870
making green pips large and red pips small this is my goal.
  • #314,078
  • Oct 26, 2010 11:05am Oct 26, 2010 11:05am
This hour is very important for both parties.
Have a look at better volume indicator. Two big red candle (bull attempt) one after one. Bull trying hard
You cannot learn better without losing
  • #314,079
  • Oct 26, 2010 11:05am Oct 26, 2010 11:05am
Quoting Philippe
I'm waiting 1.56600 for GBP CHF
Very big cluster of MM Levels at 1.5625.
Don't just be a sheep : make your own idea of it.
  • #314,080
  • Oct 26, 2010 11:06am Oct 26, 2010 11:06am
Anyone else playing this trade?
Attached Image (click to enlarge)
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Know when to hold em, Know when to fold em!
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