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  • #324,801
  • Nov 12, 2010 4:47am Nov 12, 2010 4:47am
Quoting DMA Trader
1.37-1.373 would provide resistance. first target is that area. do not chase the move. there is plenty of pullbacks since short's have a first level to defend
we already jump 100 pips from 1.36.

for the upside momentum buyers are in the 1.366 area and sl-below 1.362.
but i expect some resistance into 1.372. so don't forget R/R

never chase forex
those are exactly my fibo levels being respected by the way 200 ema right above green line for a nice pull back 3659 and then up to 3747-66
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 22 KB
  • #324,802
  • Nov 12, 2010 4:48am Nov 12, 2010 4:48am
Anybody has the idea what caused this run up ? Maybe 1.3735 sounds so good to short ... is it a rally for a big time short trend or does it resume to be bullish back ?
  • #324,803
  • Nov 12, 2010 4:48am Nov 12, 2010 4:48am
more upside to come....for me first target 1.3758
  • #324,804
  • Nov 12, 2010 4:48am Nov 12, 2010 4:48am
Quoting Pipwanderer
those are exactly my fibo levels being respected by the way 200 ema right above green line for a nice pull back 3659 and then up to 3747-66
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #324,805
  • Nov 12, 2010 4:49am Nov 12, 2010 4:49am
Quoting DMA Trader
as soon as G20 was done and Obama finish speech. boom EUR shoots up.
next week nobody would hear anything besides POMO

lol and POMO is like lottery

nice of asia to shake out markets day before 6 days of pomo

lets all sing

on the 1st day of pomo my true love gave to me ONE 20 POINT ES DAY
one the 2nd day of pomo my true love gave to me a 400 eu pip daaaayyyy.

on and on

lol
Blogging daily now at www.volume.zone
  • #324,806
  • Nov 12, 2010 4:50am Nov 12, 2010 4:50am
Hi,

I think, one more week of downside

What do u think about this possibility ?
Attached Image (click to enlarge)
Click to Enlarge Name: pullback_3.PNG Size: 14 KB
  • #324,807
  • Nov 12, 2010 4:51am Nov 12, 2010 4:51am
here is the talk...http://www.forexlive.com/145725/all/...e-package-talk

irish package...
Look Sharp/Trade Tight
  • #324,808
  • Nov 12, 2010 4:52am Nov 12, 2010 4:52am
Quoting malcolmb14
lol and POMO is like lottery

nice of asia to shake out markets day before 6 days of pomo

lets all sing

on the 1st day of pomo my true love gave to me ONE 20 POINT ES DAY
one the 2nd day of pomo my true love gave to me a 400 eu pip daaaayyyy.

on and on

lol
it's not first day when asia shakeout. same thing happen in 27 oct

yeah. nobody really knows how to threat this POMO. everybody knows. FED got our back. don't fight the FED..
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #324,809
  • Nov 12, 2010 4:53am Nov 12, 2010 4:53am
added another short 3736 via 1.6 chart.. level 3735
those who can, do. those who cant, talk about those who can
  • #324,810
  • Nov 12, 2010 4:53am Nov 12, 2010 4:53am
sl's are being smashed right now
  • #324,811
  • Nov 12, 2010 4:53am Nov 12, 2010 4:53am
risk back on ...
  • #324,812
  • Nov 12, 2010 4:54am Nov 12, 2010 4:54am
Quoting rookie001
Anybody has the idea what caused this run up ? Maybe 1.3735 sounds so good to short ... is it a rally for a big time short trend or does it resume to be bullish back ?
i think its because "irish bailout"

just wait and see....if irish bailout doesnt success maybe next week eur will shink
  • #324,813
  • Nov 12, 2010 4:54am Nov 12, 2010 4:54am
Quoting PayTheLimit
here is the talk...http://www.forexlive.com/145725/all/...e-package-talk

irish package...
been chatting the last 2 days about the volumes coming in at 1,3650 then we had a shake out on bank holiday got me even more bullish

3720 3820 3950. those are resistance areas.
Blogging daily now at www.volume.zone
  • #324,814
  • Nov 12, 2010 4:55am Nov 12, 2010 4:55am
irish spreads comming in huge...
Look Sharp/Trade Tight
  • #324,815
  • Nov 12, 2010 4:55am Nov 12, 2010 4:55am
cant believe I got here in time to add shorts

although 3773 looks promising.
  • #324,816
  • Nov 12, 2010 4:56am Nov 12, 2010 4:56am
Quoting malcolmb14
been chatting the last 2 days about the volumes coming in at 1,3650 then we had a shake out on bank holiday got me even more bullish

3720 3820 3950. those are resistance areas.
well like you say brother volume talks, bullshit walks...
Look Sharp/Trade Tight
  • #324,817
  • Nov 12, 2010 4:57am Nov 12, 2010 4:57am
[quote=digictron;4168128]
Quoting Z3iz3i

what do you think about this move
Its Friday, kind of unexpected.

Well, there will be retrace down to 1.37 i suppose before further up if it goes.
They think they are smarter than I am.
  • #324,818
  • Nov 12, 2010 4:58am Nov 12, 2010 4:58am
i am with you

Quoting gatorinla
added another short 3736 via 1.6 chart.. level 3735
  • #324,819
  • Nov 12, 2010 4:58am Nov 12, 2010 4:58am
Quoting darimik
cant believe I got here in time to add shorts

although 3773 looks promising.
1.40
  • #324,820
  • Nov 12, 2010 4:58am Nov 12, 2010 4:58am
[quote=digictron;4168128]
Quoting Z3iz3i

what do you think about this move
thats Z3iz3i post dear iv asked him if its on H4 fibo
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