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EURUSD

  • #364,781
  • Jan 14, 2011 4:10am Jan 14, 2011 4:10am
salam hi all

friday and crazy
  • #364,782
  • Jan 14, 2011 4:11am Jan 14, 2011 4:11am
Quoting Capn79
Are you really that dense?
Maybe you and Chillipepper should go to counsel together... work on couples therapy. You've already been outed by Cloggie for your pathetic short calls. Wo
awww how kind, maybe we should!
  • #364,783
  • Jan 14, 2011 4:11am Jan 14, 2011 4:11am
i had 2 positions long at 1333 and 1336. came back and saw it went all the way up to 1.345. damn this is what you get for being lazy to put profit targets.


point is... should i hold out for 1.345 again? the fall looks pretty spectacular. and never go broke taking a profit right?
  • #364,784
  • Jan 14, 2011 4:12am Jan 14, 2011 4:12am
Is a 100 pips drop a reversal or just a retracement ?
  • #364,785
  • Jan 14, 2011 4:12am Jan 14, 2011 4:12am
Quoting kill56
salam hi all

friday and crazy
Salami for you too!

regards
  • #364,786
  • Jan 14, 2011 4:12am Jan 14, 2011 4:12am
Quoting wormboy
Hello vlad

yes, been a while. Happy New Year to you too my friend. All the best this year
Wormie,

How are you doing? Happy New Year to you. I've practiced and practiced levels over the holidays, and thanks to you and Cloggs... life is Good!

I've studied that day back in June when y'all were calling targets, as well as many other days where you and Cloggs posted levels. It's amazing how clear things become after that. Thanks again Bud,
What we obtain too cheap, we esteem too lightly.
  • #364,787
  • Jan 14, 2011 4:13am Jan 14, 2011 4:13am
Quoting mikej2010
buff H&S?
no
Thank You
  • #364,788
  • Jan 14, 2011 4:13am Jan 14, 2011 4:13am
Quoting gatorinla
#1 covered. after slippage we should bounce some.. little bounce = strong move.

atm we are clutterd with close targets 3383 3371 3362 3278 3261 3244 3192... im not predicting shit. im posting where pa indicates it wants to go. 83 was just a minor wave. but once one is completed. it time to be cautious. i got lax on this up move.
I don't come here too often, but I've seen your post and all I can say is "wow!".
I take my hat off. Spot on predictions. Well done!
  • #364,789
  • Jan 14, 2011 4:13am Jan 14, 2011 4:13am
Quoting monkeyj
Hi All,
Have been following this thread for a long time and have enjoyed all the content and the help from some of the mroe experienced guys. I have been trading for 7 years now, I only trade euro but take what i see as a different approach. All my trades are based on the USDX. I am actually amazed that very few people use this exceptional tool to help them make decissions. Please look at the USDX chart below and see the glaring support we hit this morning triggering a closure of my longs and entrys into short at 1.3420. I know its easy to post...
Posted this earlier but as my first post had to wait for it to be moderated.
Does anyone else use USDX
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdx1.gif Size: 14 KB
  • #364,790
  • Jan 14, 2011 4:14am Jan 14, 2011 4:14am
Quoting wormboy
no
I was being sarcastic, thanks for answering though!
  • #364,791
  • Jan 14, 2011 4:14am Jan 14, 2011 4:14am
hey kill , how you doing?
Quoting kill56
salam hi all

friday and crazy
  • #364,792
  • Jan 14, 2011 4:14am Jan 14, 2011 4:14am
Quoting T@rantula
You know what is telling me all this PA: Short covering and profit taking...

When something isnt synchronized with my TA...I dont take any trades.
yeah but its not back peddling (bull) its got a fresh path.(bear)
its hung up on the est Sunday (weekly) close at 3345 atm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 27 KB
those who can, do. those who cant, talk about those who can
  • #364,793
  • Jan 14, 2011 4:15am Jan 14, 2011 4:15am
Quoting DudeSepii
Is a 100 pips drop a reversal or just a retracement ?
profit taking, the reversal happened on Sunday.
  • #364,794
  • Jan 14, 2011 4:15am Jan 14, 2011 4:15am
Quoting TauTrader
Salami for you too!

regards
darn hungry, it will fine for know but for lunch no green pips is better meal

stay in green
  • #364,795
  • Jan 14, 2011 4:16am Jan 14, 2011 4:16am
Very nice sell off on AUDUSD,hint for same action with euro,i think.
  • #364,796
  • Jan 14, 2011 4:16am Jan 14, 2011 4:16am
This is too much of a retracement.
Prices are never too high to begin buying or too low to begin selling.
  • #364,797
  • Jan 14, 2011 4:16am Jan 14, 2011 4:16am
Quoting Capn79
My account has grown exponentially b/c of the leg work I've put in...
Great, just like my savings account. Except for the extra leg work of course.
  • #364,798
  • Jan 14, 2011 4:20am Jan 14, 2011 4:20am
it might test lower
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H4.gif Size: 20 KB
Put your hands in the air , Give me all your money ! !
  • #364,799
  • Jan 14, 2011 4:21am Jan 14, 2011 4:21am
Quoting nooblaster
point is... should i hold out for 1.345 again? the fall looks pretty spectacular. and never go broke taking a profit right?
You'll never make money in the long run that way. If you have to cut your profit short, make sure you have a valid reason or two to do so.

The "never go broke taking a profit" is a fallacy in general because people tend to book profit for a few pips but let trade run their stops fully. P/L ratio will be thrown out of the window & the trade account has no chance of surviving.
Just trying to help. Good luck.
Thank You
  • #364,800
  • Jan 14, 2011 4:21am Jan 14, 2011 4:21am
did china raise reserves? if so .. aud..
those who can, do. those who cant, talk about those who can
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