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  • #348,421
  • Dec 19, 2010 8:09am Dec 19, 2010 8:09am
Quoting JuliusCeasar
Might be the beer still in my head but i thought the discussion and numbers were about GU not euro


.
they are all ties together at the ankles. both are Ez. just a different currency.
those who can, do. those who cant, talk about those who can
  • #348,422
  • Dec 19, 2010 8:32am Dec 19, 2010 8:32am
Hey traders; )
Whats up?
Preparing for the upcoming week, i guess
  • #348,423
  • Dec 19, 2010 8:33am Dec 19, 2010 8:33am
Quoting T@rantula
Hey traders; )
Whats up?
Preparing for the upcoming week, i guess
Hi Mate,
How you doing? Hope guns are fully loaded with bullets......
  • #348,424
  • Edited 8:40am Dec 19, 2010 8:36am | Edited 8:40am
Quoting T@rantula
Hey traders; )
Whats up?
Preparing for the upcoming week, i guess
sure... : p
7 and a half more hours to go

happy trading and merry christmas bros
Hero calls followed by margin calls...
  • #348,425
  • Dec 19, 2010 8:39am Dec 19, 2010 8:39am
Quoting gatorinla
Germany is writing blank checks to give other countries social welfare.


autographed copies available in paperback
This sentence is like a fork to the eye 100% right.And even worse the numbers gonna grow because of all the cut backs in wages,rising unemployment and stalling economy.Because i dont see how saving 10-50 million a year gonna reduce debt in billions and restore economy without driving it deeper in debt
  • #348,426
  • Dec 19, 2010 8:49am Dec 19, 2010 8:49am
Have a look at the news (Data) that is due out.

http://www.forexfactory.com/calendar.php

It is better to allow Sunday night to unfold and see where Europe sets things up. I prefer not to have any bias on anything at the moment. We are not in a normal period with holidays and other factors. There is still much to digest and review by the market.

Ireland, USA tax cut extensions, Xmas and a new congress in 2011 in the USA which will be novel to say the least. There are new rules that come into law concerning commodity levels and on we go.

I will be an observer rather than a trader until I see a definite trade opportunity.

You can be long or be short HOWEVER the best place to be is OUT of the markets until there is a good reason to make a trade.

Have a good trading week and use common sense and discipline.

The markets are always right and we are not so we need the odds on our side to make winning trades. When we all observing we have no emotion involved unless we are needing to get in just for the action or the fear we might miss a trade. There are dozens of opportunities each day. Observe patterns or price action. Know what news is coming out that might change perceptions. Be ready for surprises and be ready to trade when you know WHY you are making that trade and where you want to enter and where you will exit. Decide that before you put on the trade.
  • #348,427
  • Dec 19, 2010 8:55am Dec 19, 2010 8:55am
Quote
You can be long or be short HOWEVER the best place to be is OUT of the markets until there is a good reason to make a trade.

very sticky statement of forex
Hero calls followed by margin calls...
  • #348,428
  • Dec 19, 2010 8:57am Dec 19, 2010 8:57am
I want just ask or in this videos information about EUR and USD is real ???

Inserted Video


Inserted Video
  • #348,429
  • Dec 19, 2010 9:00am Dec 19, 2010 9:00am
eu pullback to this level can be ok , even some more to 3211 to 3240 ok too before further down as expected to as low as 3100, 3055 likely to even near bottom 3000 & bear continuation below bottom first chance to 2867 level or so possible .

but looking usdx in mofu seems not so promising weekly up there rather a bear waiting activate as early as 81.03, 81.62,81.90 ,82.50 , as high as 87.75 not ruled out though & so eu also even chances more down can end prominent bounce from any of the possible down ,probably first 2.
lets see what next .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 11 KB
Click to Enlarge Name: eu2.gif Size: 11 KB
Click to Enlarge Name: eu3.gif Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #348,430
  • Dec 19, 2010 9:02am Dec 19, 2010 9:02am
Eu at 1.3151 so some gaps of 30 pips around......

www.xe.com
  • #348,431
  • Dec 19, 2010 9:13am Dec 19, 2010 9:13am
Quoting Munal
Eu at 1.3151 so some gaps of 30 pips around......

www.xe.com
Not to worry.....the GAP will be fill up in no time.
  • #348,432
  • Dec 19, 2010 9:18am Dec 19, 2010 9:18am
Quoting DudeSepii
Not to worry.....the GAP will be fill up in no time.
so lets say oanda lets me open positions over weekend with 10pip spread and the rate at their site now is 1.3183-93 so i open short and bag 31 pips a bit to easy
  • #348,433
  • Dec 19, 2010 9:18am Dec 19, 2010 9:18am
Quoting PhAnTi'
sure... : p
7 and a half more hours to go

happy trading and merry christmas bros
Yea. thanks mate. To u too )

Quoting Munal
Hi Mate,
How you doing? Hope guns are fully loaded with bullets......
Yea, but not with bullets, spider venom instead
  • #348,434
  • Dec 19, 2010 9:23am Dec 19, 2010 9:23am
Quoting rome777
I am long too. I think Euro has already played the bearish song.
if you watch price ation closely the bull power wasn't that strong a double bottom is likely, may be slightly extended and a nice rally we might possibly see the 1.30 1.29** area.

lets see that the market gives us.
  • #348,435
  • Dec 19, 2010 9:33am Dec 19, 2010 9:33am
Quoting Pipwanderer
if you watch price ation closely the bull power wasn't that strong a double bottom is likely, may be slightly extended and a nice rally we might possibly see the 1.30 1.29** area.

lets see that the market gives us.

But from the view i see its still in bulls power and holding some sort of supports every now and then So i hope this week also it stays long with some good news to come : even in days charts its holding supports i see this way "
finding A M S
  • #348,436
  • Dec 19, 2010 9:34am Dec 19, 2010 9:34am
Quoting fontu
eu pullback to this level can be ok , even some more to 3211 to 3240 ok too before further down as expected to as low as 3100, 3055 likely to even near bottom 3000 & bear continuation below bottom first chance to 2867 level or so possible .

but looking usdx in mofu seems not so promising weekly up there rather a bear waiting activate as early as 81.03, 81.62,81.90 ,82.50 , as high as 87.75 not ruled out though & so eu also even chances more down can end prominent bounce from any of the possible down ,probably first 2.
lets see what next .
fontu...

good comparison charts dude : well done
getting some ideas with it " nope
finding A M S
  • #348,437
  • Dec 19, 2010 9:47am Dec 19, 2010 9:47am
Quoting prashant7
good comparison charts dude : well done
getting some ideas with it " nope
true , likely not getting the ideas as eu still in confusion /indecision ranges & for every action can get equal & opposite reaction there & so all directioless biphasic movements can be possible . wish good trade fishing next week if possible in the turbid water.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #348,438
  • Dec 19, 2010 10:00am Dec 19, 2010 10:00am
Quoting EdvinLTU
I want just ask or in this videos information about EUR and USD is real ???

http://www.youtube.com/watch?v=_YYTa...layer_embedded

http://www.youtube.com/watch?v=El8GQ...layer_embedded
All the guy did over and over is talk about what he was going to tell us, what he had been told, repeat, repeat, commercial break, repeat, providence of God, etc. He was self promoting like many other doomers who are trying to make a buck, push a book, or get famous.

As for the facts well none of us know that. I'd like to see a chart of all the people spewing this nonsense and how many have come true.


The Euro will go down, and then back up, down a little, up a little, Spain will need a bailout, Germany will carry the EZ, and so on and so forth. There's my prediction although (inserting disclaimer to cover my ass like so many do here) it could happen differently.
Don't Panic. Stay With You're Group.
  • #348,439
  • Dec 19, 2010 10:12am Dec 19, 2010 10:12am
Let's see
Attached Image (click to enlarge)
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  • #348,440
  • Dec 19, 2010 10:28am Dec 19, 2010 10:28am
From what i've noticed it always happen the opposite from what been said here.....in the short term at least.
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