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EURUSD

  • #334,721
  • Nov 29, 2010 8:11am Nov 29, 2010 8:11am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
The nail in the coffin? Cyber Monday.

Expect Euro to drop below 130.00 by London open.
  • #334,722
  • Nov 29, 2010 8:11am Nov 29, 2010 8:11am
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looking at lower tf for supply zone



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can all turn here
  • #334,723
  • Nov 29, 2010 8:15am Nov 29, 2010 8:15am
How far will this go?
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #334,724
  • Nov 29, 2010 8:16am Nov 29, 2010 8:16am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting KillerWhale
How far will this go?
129.86
  • #334,725
  • Edited 8:29am Nov 29, 2010 8:17am | Edited 8:29am
Quoting swing 123
well i belive we r in wave 3 of larger down move from 428 it has to be quicker than wave 1 and larger than 1 isnt it?
true , to me at the last wave of 1 of 3 very big so far .and 3055 is apparent end but to be carefull at this level as whatever strong the wave is there should be corrections in it .so no easy bet taking at this time.bear is really strong at this level & 3129 pullback not happened yet .

checking possible levels from MM yesterday notes , below 3120 is 3060 instead my 3055 , ok . so expect this level & next to see reactions there
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #334,726
  • Nov 29, 2010 8:17am Nov 29, 2010 8:17am
closed shorts at 1.312.... will reenter after the hour ends if its below
Andreyou
  • #334,727
  • Nov 29, 2010 8:18am Nov 29, 2010 8:18am
Quoting egkid
US choice to print but EZ choose to cut spending but for EZ there is other solution than printing Just let the economist lead not politics
"It's that simple"

Cya later
its a failure. now because pride keeps politicians revenge trading at the expense of the whole ez. as said, it should never have more value then a currency backed in commodities. its paper, commodities will always be worth something. you need one of three things for a strong currency. commodities and/or banking and/or manufacturing. manufacturing is the last leg left. it has lost market share. that trend continues. people become unemployed. people still age and the bills grow. less employed workers = less manufacturing. they can put all the lipstick they want on this pig. they can point the finger across the pond all they want. its a shell game. the broke saving the broke in a incestuous relation. pulling liquidity out a weak system will kill the system. at some point its too late. it just takes one bank not to cover. and the rest fail. in a short period of time.
those who can, do. those who cant, talk about those who can
  • #334,728
  • Nov 29, 2010 8:19am Nov 29, 2010 8:19am
S3 is in the making at .3017 but i will never take a trade at the US open.

suckers game.

i will wait for a slight bounce then sell her.

stan
  • #334,729
  • Nov 29, 2010 8:22am Nov 29, 2010 8:22am
Quoting pawpaw1000
Got in short 3178
Just took profit - 78 pips
@pawpaw1000 on Twitter
  • #334,730
  • Nov 29, 2010 8:22am Nov 29, 2010 8:22am
Quoting KillerWhale
How far will this go?
much more it crossed the 200 ma pros use. *L*
those who can, do. those who cant, talk about those who can
  • #334,731
  • Nov 29, 2010 8:23am Nov 29, 2010 8:23am
Quoting T@rantula
bpc is forming on m5 a break below targets 3120>3095...Id like to see a bounce thou. 3135 is a support.
And im out. 3135 bpc validated for another 35 pips.

Done for today.
  • #334,732
  • Nov 29, 2010 8:24am Nov 29, 2010 8:24am
Price hits 1.3097 and bounces up. Right on, Wormboy.

Where next?
  • #334,733
  • Nov 29, 2010 8:25am Nov 29, 2010 8:25am
Quoting gatorinla
its a failure. now because pride keeps politicians revenge trading at the expense of the whole ez. as said, it should never have more value then a currency backed in commodities. its paper, commodities will always be worth something....
The fact that Germany is disallowing euro printing is directly correlated to the euros failure.

So... tell Germany to shit or get off the pot. Start printing euros and easing member conditions or get out.

Stan
  • #334,734
  • Nov 29, 2010 8:26am Nov 29, 2010 8:26am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Benkasim
Price hits 1.3097 and bounces up. Right on, Wormboy.

Where next?
Look for minor resistance around 1.3070 - 1.3085.

12 hours from now we will be at the bottom of 1.3
  • #334,735
  • Nov 29, 2010 8:26am Nov 29, 2010 8:26am
eeeeek the bell the bell



us open
  • #334,736
  • Nov 29, 2010 8:26am Nov 29, 2010 8:26am
http://ec.europa.eu/economy_finance/...orecast_en.htm
  • #334,737
  • Nov 29, 2010 8:29am Nov 29, 2010 8:29am
short 3099, sl 3123, tp 3070
Look Sharp/Trade Tight
  • #334,738
  • Nov 29, 2010 8:30am Nov 29, 2010 8:30am
Short @ 3100, TP @ 3067
A pip is only worth it if you know how much you risked to earn it
  • #334,739
  • Nov 29, 2010 8:31am Nov 29, 2010 8:31am
ding ding ding
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  • #334,740
  • Nov 29, 2010 8:31am Nov 29, 2010 8:31am
Just got to my pc.. Too late to short now.. got to wait for a retracement.
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