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  • #357,121
  • Jan 3, 2011 12:49pm Jan 3, 2011 12:49pm
Quoting paul1
Source =Hp
when =now
target =green pips
why =dont know
earth round= only cause holes filled with sea water
who = me
solid answer, thanks buddy

do u guys noticed that i cant leave my screen?...

im off now !

beer is calling !
Hero calls followed by margin calls...
  • #357,122
  • Jan 3, 2011 12:49pm Jan 3, 2011 12:49pm
Quoting Kelisa
All these good news for US, shouldnt it drive the EUR/USD pair down instead? I am confused.. forgive me.
a bit of complicated Kelisa,
When DOW or S&P are up, "usually" [only when EUR is not under pressure], then USD goes down, The logic lays behind the purchasing, as all EUR, DOW S&P, NYSE are priced in USD, so ppl are spending [SELL] usd and buy other assets..

Today is the first day in NEW year and as Im typing now:


S&P are UP 1.4% (90% stocks are UP)
DOW are up 1.1%
GOLD is UP
OIL is UP 1%

so all are priced in USD, makes USD down.. and lifting the others UP..
  • #357,123
  • Jan 3, 2011 12:50pm Jan 3, 2011 12:50pm
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting TexasforEX
That reason alone is a great reason to be short.

I agree with you. Made $ on long earier today only to give some back by going short way too early...Patience is so vital in trading yet such a problem (for me) ...Will wait for sideways action to pass and plan to enter short around the 1.3428 - 1.3397 region. Too soon to short now...waiting...
The forex market has its own life and takes its own time.
  • #357,124
  • Jan 3, 2011 12:53pm Jan 3, 2011 12:53pm
Quoting PhAnTi'
2nd one is absolutely the best
not sure how to send you a msg so figured i would just reply to this.
kamikaze trader huh? tell me about that...
i recently read something and it described my some of the trading i do to the tee, it later said it was called 'kamikaze trading'. Was curious as to how you would define it?
  • #357,125
  • Jan 3, 2011 12:56pm Jan 3, 2011 12:56pm
Quoting liquidtrada
not sure how to send you a msg so figured i would just reply to this.
kamikaze trader huh? tell me about that...
i recently read something and it described my some of the trading i do to the tee, it later said it was called 'kamikaze trading'. Was curious as to how you would define it?
check out aelliot.org

see ya
Hero calls followed by margin calls...
  • #357,126
  • Jan 3, 2011 12:56pm Jan 3, 2011 12:56pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
And you guys what to think of the Asian session tonight?
Studing..............
  • #357,127
  • Jan 3, 2011 12:57pm Jan 3, 2011 12:57pm
This first quarter will be very hard to trade this currency. Let's see what Portugal will do for next weeks and what bond markets will do.
I still have my long term Dollars bought at 1.3440, hum! I am tempted to sell them soon, but only to buy more above 1.3830.

If you want to distract some time I invite you to see some good news from Portuguese entrepreneurs. From Portugal comes good stuff also.

See Safe luggage project, in-mold plastic decals from a very innovative Portuguese company and only in the world for your moto and bicycle and much more.

http://lusitanaehabilitas.blogspot.com
  • #357,128
  • Jan 3, 2011 1:02pm Jan 3, 2011 1:02pm
Quoting Piters
a bit of complicated Kelisa,
When DOW or S&P are up, "usually" [only when EUR is not under pressure], then USD goes down, The logic lays behind the purchasing, as all EUR, DOW S&P, NYSE are priced in USD, so ppl are spending [SELL] usd and buy other assets..

Today is the first day in NEW year and as Im typing now:


S&P are UP 1.4% (90% stocks are UP)
DOW are up 1.1%
GOLD is UP
OIL is UP 1%

so all are priced in USD, makes USD down.. and lifting the others UP..
PITERS: You are truly a scholar - Your explanation was so clear, concise, to the point. Now I feel bad. I should have explained it alot better to Kelisa. Kelisa - Forgive me - I will do better next time
  • #357,129
  • Jan 3, 2011 1:04pm Jan 3, 2011 1:04pm
Quoting PhAnTi'
i still cant get familiar with those several predictions of usd weakness/eur strength , i see euro more and more weaker and a lot of us data comin up...

just my 2 cents

time will tell as always
at least that's not what I see on my chart so far.
If the market crashes, you think you gonna miss the boat if you don't get in now?
I used to make that mistake. Lol.
Just my 2€.
  • #357,130
  • Jan 3, 2011 1:08pm Jan 3, 2011 1:08pm
Holding long at 1.3382..waiting on the reversal
  • #357,131
  • Jan 3, 2011 1:08pm Jan 3, 2011 1:08pm
Quoting Piters
NP mate.. that's why we are here, as trading alone is really boring..
Yea.... you lonely bastard...
  • #357,132
  • Jan 3, 2011 1:09pm Jan 3, 2011 1:09pm
Quoting pkimnyc
Yea.... you lonely bastard...
at least Im not getting [YET] granny massage, as someone we know ???
  • #357,133
  • Jan 3, 2011 1:10pm Jan 3, 2011 1:10pm
Quoting Mr Hatch
I'm confident there is still quite a bit to come up fundamentally to justify another run southwards. It has become quite calm lately news-wise, just let them all return to their desks and sharpen their pens. the higher we reach, the more careful i become. the bullish sentiment will kick in, once we pass 4280.
  • #357,134
  • Jan 3, 2011 1:11pm Jan 3, 2011 1:11pm
Quoting PhAnTi'
BBs promising a 15-25 pip move, but too flat today for 90 more pips^^
As you can see ... even not a 15 - 20 pips move ...

And one more remark ... in case you mention BB or other technicals ... you should mention TF as well minimum ...

Better would be ... BB 20 in 30 min charts ... or something like that ...

Highest been aprox. 1.3395 until now

Lowest been aprox. 1.3251 until now


;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #357,135
  • Jan 3, 2011 1:11pm Jan 3, 2011 1:11pm
I have officially settled on an Exit - LONG TERM - for the GBP/USD. The exit target is 1.5040

Why?

Apart from the housing crisis, the heavy exposure to Irelands debt, the confirmed downtrend, lower highs and lower lows, Im a strong believer in the FIBS.

So far - there is a fib convergence at 1.50 on the daily chart. I normally exit 40 pips before support on a daily chart so my exit is 1.5040 LONG TERM
  • #357,136
  • Jan 3, 2011 1:13pm Jan 3, 2011 1:13pm
Quoting Piters
at least Im not getting [YET] granny massage, as someone we know ???
Lmao.... hope he's not chained up to this day in a granny's room.
  • #357,137
  • Jan 3, 2011 1:14pm Jan 3, 2011 1:14pm
Quoting Hda
I have officially settled on an Exit - LONG TERM - for the GBP/USD. The exit target is 1.5040

Why?

Apart from the housing crisis, the heavy exposure to Irelands debt, the confirmed downtrend, lower highs and lower lows, Im a strong believer in the FIBS.

So far - there is a fib convergence at 1.50 on the daily chart. I normally exit 40 pips before support on a daily chart so my exit is 1.5040 LONG TERM
Hmmmm, what part of EUR/USD in the thread title did you not quite catch?
  • #357,138
  • Edited 1:28pm Jan 3, 2011 1:15pm | Edited 1:28pm
Expecting this leg up ended with double top at the exact level & breakout around 3342 for next possible bull level 3331,20 ,13 or even low .though down to d turning point may be trasient & unreliable so reach my level at 3342 , am happy for the day. waiting .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #357,139
  • Jan 3, 2011 1:16pm Jan 3, 2011 1:16pm
Quoting pkimnyc
Lmao.... hope he's not chained up to this day in a granny's room.
lol.. Q ??

chained ??? Granny flat?? SM ?

COOL
  • #357,140
  • Jan 3, 2011 1:16pm Jan 3, 2011 1:16pm
Quoting Piters
very possible,
we have to see how we deal with 3500, and IF [WHEN] taken, the very next target im eying goes to 1.4

Let see..
The troll is back... lol
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