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  • #326,521
  • Nov 16, 2010 1:38am Nov 16, 2010 1:38am
Quoting mercy seat
http://cdn.forexfactory.com/images/attach/pdf.gif 2010-11-16_08h11_European Forex Technicals - EURUSD Downtrend To Extend.pdf (12.8 KB)


European Forex Technicals: EUR/USD Downtrend To Extend
16 Nov 2010, 08:11

By Francis Bray
A DOW JONES NEWSWIRES COLUMN



Intraday EUR/USD: Relentless euro bear pressure extends the downtrend off the Nov. 4 peak at 1.4283, and Tuesday's current session low at 1.3560...
I want to thankyou for this and all the many posts you send all the time, but I don't thankyou for every one of them not to clogg the tread but they are very good, Mercy Seat.....
The Chonchy
  • #326,522
  • Nov 16, 2010 1:38am Nov 16, 2010 1:38am
Ok we made a new swing low. Watch m30. Some profit taking for a retracement. Now lets pick up another entry
  • #326,523
  • Nov 16, 2010 1:39am Nov 16, 2010 1:39am
Morning all, lads and gents!
  • #326,524
  • Nov 16, 2010 1:40am Nov 16, 2010 1:40am
Quoting T@rantula
Hope everything is ok with u mate.
.....everythig fineT@ as long as something dosen't "clogge" my thoughts........my blood pressure is fine untill then......
The Chonchy
  • #326,525
  • Nov 16, 2010 1:40am Nov 16, 2010 1:40am
Quoting PayTheLimit
short 3595, sl 3685, tp 3475....
New strategy you use ? before it was 20-30 pips profits, 120 pips profit now ? love it!
COT: The precious data ignored
  • #326,526
  • Nov 16, 2010 1:41am Nov 16, 2010 1:41am
Quoting gatorinla
isn't the top one an African cichilids?
........cichilids...........
The Chonchy
  • #326,527
  • Nov 16, 2010 1:42am Nov 16, 2010 1:42am
Quoting gatorinla
heres how it worked out. even though its still valid. until we break one end..
oh, that is some overshooting a target+slip. i didn't expect that to still bounce that much.
  • #326,528
  • Nov 16, 2010 1:44am Nov 16, 2010 1:44am
Quoting kuroro001
New strategy you use ? before it was 20-30 pips profits, 120 pips profit now ? love it!
I've moved to higher TF because I have had to break up my work day K, well see how it goes, it might be temporary it might not, good luck today bud....
Look Sharp/Trade Tight
  • #326,529
  • Nov 16, 2010 1:44am Nov 16, 2010 1:44am
long tp 1.3680
  • #326,530
  • Nov 16, 2010 1:46am Nov 16, 2010 1:46am
Hi guys.

I don't look for a short at that level its to low for me... here is what i have for short play.
Attached Image (click to enlarge)
Click to Enlarge Name: 11-16-2010 8-43-54 AM.png Size: 52 KB
  • #326,531
  • Nov 16, 2010 1:47am Nov 16, 2010 1:47am
Quoting mfoste1
carlos what up bro?
....same old, same old, looking for a bounce here, at the congruence of fibo's EMA's and the works.......to the north......

weekly......

Attached Image (click to enlarge)
Click to Enlarge Name: weekly.GIF Size: 63 KB
The Chonchy
  • #326,532
  • Nov 16, 2010 1:55am Nov 16, 2010 1:55am
Long order @ 1.358 SL 1.354 TP 1.365
  • #326,533
  • Nov 16, 2010 1:57am Nov 16, 2010 1:57am
London gotta print new low otherwise it won't be beautiful for bears.
If they follow Frankie its even worst lol
COT: The precious data ignored
  • #326,534
  • Nov 16, 2010 1:58am Nov 16, 2010 1:58am
Hi everyone,

Although EURUSD looks like it's moving steadily downwards on 30min chart for past 10 days, I don't have the confidence to sell and join the trend because the market seems to defy explanation sometimes. So, I was wondering what people think is in store for us this London session and towards the end of the week (lol: it's only Tuesday!)
  • #326,535
  • Nov 16, 2010 1:59am Nov 16, 2010 1:59am
This one hour close will definitely take out short momentum for a while...

Be careful.
  • #326,536
  • Nov 16, 2010 2:00am Nov 16, 2010 2:00am
Quoting T@rantula
Ok we made a new swing low. Watch m30. Some profit taking for a retracement. Now lets pick up another entry
Morning bro
C what's going ! It's sucks break weekly low and up then down
Can't find real Entry!
  • #326,537
  • Nov 16, 2010 2:01am Nov 16, 2010 2:01am
Quoting chonchy
I want to thankyou for this and all the many posts you send all the time, but I don't thankyou for every one of them not to clogg the tread but they are very good, Mercy Seat.....
I'll second that...
  • #326,538
  • Nov 16, 2010 2:01am Nov 16, 2010 2:01am
Dont know where its going, will escape for a cup of tea...

See u later
  • #326,539
  • Nov 16, 2010 2:01am Nov 16, 2010 2:01am
Quoting Vladimir1987
This one hour close will definitely take out short momentum for a while...

Be careful.
The fact bulls could not handle a close above 1,3600 is good for the downside.
London is the key...always has been and will always be!
lets see
COT: The precious data ignored
  • #326,540
  • Nov 16, 2010 2:02am Nov 16, 2010 2:02am
Quoting kuroro001
The fact bulls could not handle a close above 1,3600 is good for the downside.
London is the key...always has been and will always be!
lets see
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