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EURUSD

  • #336,181
  • Nov 30, 2010 7:40pm Nov 30, 2010 7:40pm
Waiting for a short oportunity as always
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  • #336,182
  • Nov 30, 2010 7:42pm Nov 30, 2010 7:42pm
Quoting FibbinArchie
yep, if we plunge 2960 is a sitting duck...
yep, I have 2916 if we break yesterday's low

Quoting Masrim
It's a risky one, but the potential losses should the scenario not happen are very limited, 30-ish pips.
okay. good luck with your trade

Quoting PriceVolume
That's freak'in hilarious. I think we're to the point that the bears want a pullback just as much as the bulls. I'm still waiting to reload.
makes the 2 of us mate. been flat since yesterday, none of my levels were triggered

orite, catch you guys at LO. Ta!
Thank You
  • #336,183
  • Nov 30, 2010 7:45pm Nov 30, 2010 7:45pm
Euro lets go parity. down to $1 its time
Know when to hold em, Know when to fold em!
  • #336,184
  • Nov 30, 2010 7:45pm Nov 30, 2010 7:45pm
Quoting Forexfsa
http://www.forexlive.com/149587/all/the-game-is-up
Portugal is next When Spain goes down Euro is history as Ecb will run out of bail out money and Euro will be toilet paper..
  • #336,185
  • Nov 30, 2010 7:46pm Nov 30, 2010 7:46pm
Quoting wormboy
yep, I have 2916 if we break yesterday's low

orite, catch you guys at LO. Ta!
Quoting FibbinArchie
lies, all lies, actually 78.6 of last major up leg (too many fibos on my chart)...

if that goes then 2916 daily support pivot and former resistance...
snap...
  • #336,186
  • Nov 30, 2010 7:47pm Nov 30, 2010 7:47pm
Quoting Forexfsa
Portugal is next When Spain goes down Euro is history as Ecb will run out of bail out money and Euro will be toilet paper..
Euro is going no-where, we are just reaching PPP {purchasing power parity}.

ECB? funds come from the IMF who is financed by the U.S. for the most part & who is the 3rd highest holder of gold in the world.

This is all propaganda to get exports out the door.
  • #336,187
  • Nov 30, 2010 7:50pm Nov 30, 2010 7:50pm
Quoting Forexfsa
Portugal is next When Spain goes down Euro is history as Ecb will run out of bail out money and Euro will be toilet paper..
Thats how people talked about dollarf few weeks ago... Hilarious

Will see... I would like to see that scenario so that we adopt the previous currensee. Euro hasnt brought anything good here just higher prices much higher... Im from Slovenia..
  • #336,188
  • Nov 30, 2010 7:53pm Nov 30, 2010 7:53pm
Quoting Vladimir1987
Thats how people talked about dollarf few weeks ago... Hilarious

Will see... I would like to see that scenario so that we adopt the previous currensee. Euro hasnt brought anything good here just higher prices much higher... Im from Slovenia..

Frankly I am tired of people posting that video
Know when to hold em, Know when to fold em!
  • #336,189
  • Nov 30, 2010 7:54pm Nov 30, 2010 7:54pm
Quoting goods
Frankly I am tired of people posting that video
I think I was the first, then it showed up on forexlive and went viral...

Not as good as the "damp rag attack on Van Rompuy" video...

Apologies if you're Belgian (a lovely country, I once went out with a Belgian girl)...

Inserted Video
  • #336,190
  • Nov 30, 2010 7:57pm Nov 30, 2010 7:57pm
Was not referring to the video... Just about the mindset of people.
  • #336,191
  • Nov 30, 2010 7:59pm Nov 30, 2010 7:59pm
For me this is the most important view from Asia Daily Outlook :

Support at 1.2964 (yesterday's low); breach would expose downside with no significant support until 1.2642 (Sept. 10 reaction low), then 1.2584 (Aug. 24 trough). Resistance at 1.3047 (hourly chart); breach would expose upside to 1.3149 (yesterday's high), then 1.3200 (previous base set Friday), 1.3355 (Monday's high) and 1.3386 (Thursday's high).


But my lowest reaction points to watch out for are as follows :

1.2968/ 48 and 1.2918 (DPSup-1) - 1.2873 zone ...

If even crossed below 1.2886 and 1.2864 ... then forget the upside for a while ...

http://cdn.forexfactory.com/images/attach/png.gif 2010-11-30_23h34_ChartStation_EURUSD Monthly _ 000.PNG (125.7 KB)

hmm ... I do not trade that during the night ... must take a rest firstly ...
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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #336,192
  • Nov 30, 2010 8:03pm Nov 30, 2010 8:03pm
hi guys, are we there yet?
  • #336,193
  • Nov 30, 2010 8:07pm Nov 30, 2010 8:07pm
Quoting Vladimir1987
Was not referring to the video... Just about the mindset of people.
herd mentality in action...
  • #336,194
  • Nov 30, 2010 8:07pm Nov 30, 2010 8:07pm
The EUR is trending down. due to many factors.

But if my chart is correct, can we expect a retracement soon?
It is hovering around a support level and also the 23.6% fib. level.

I believe it will continue trending down but am expecting a retracement first.

My questions are,
1) Is this chart accurate? I am still trying to learn how to read and accurately draw my trendlines and etc.
2) Do you expect a retracement also?
3) How do you take advantage knowing/expecting this on the smaller time frames?

I would like to place orders that short below the lines hoping to let it ride and orders going long asap hoping to make the quick pips expected from the retracement.
I just get a bit confused as I seem to lose the general trend when I look at my charts with smaller time frames. Any advice is greatly appreciated =D
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  • #336,195
  • Nov 30, 2010 8:08pm Nov 30, 2010 8:08pm
Quoting Mr Hatch
hi guys, are we there yet?
hmm ... hey - vergessen 'ne 16 daraus zu machen ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #336,196
  • Nov 30, 2010 8:09pm Nov 30, 2010 8:09pm
Quoting Mr Hatch
hi guys, are we there yet?

Battle going on over a 5 PIP range right now. Calves and Cubs battle. (Can't call it Bulls and Bears yet).
  • #336,197
  • Nov 30, 2010 8:09pm Nov 30, 2010 8:09pm
Quoting FibbinArchie
herd mentality in action...
Not there yet, Papa Smurf.
  • #336,198
  • Nov 30, 2010 8:09pm Nov 30, 2010 8:09pm
Quoting FibbinArchie
I think I was the first, then it showed up on forexlive and went viral...

Not as good as the "damp rag attack on Van Rompuy" video...

Apologies if you're Belgian (a lovely country, I once went out with a Belgian girl)...

http://www.youtube.com/watch?v=bypLwI5AQvY

hehe well i must say it is a nice bearish video
Know when to hold em, Know when to fold em!
  • #336,199
  • Nov 30, 2010 8:11pm Nov 30, 2010 8:11pm
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  • #336,200
  • Nov 30, 2010 8:13pm Nov 30, 2010 8:13pm
Quoting mercy seat
hmm ... hey - vergessen 'ne 16 daraus zu machen ...
no, didn't make a single pip since 00:00. was snoring.
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