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EURUSD

  • #380,861
  • Feb 7, 2011 5:15am Feb 7, 2011 5:15am
So far still no change. Pressure on the Euro stays.
Know your target. It looks like Spain will come back in to play in the near future.
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  • #380,862
  • Feb 7, 2011 5:17am Feb 7, 2011 5:17am

Quoting fraktalas
I see 3510
  • #380,863
  • Feb 7, 2011 5:18am Feb 7, 2011 5:18am
Quoting fontu
61..8% fib as first target next 100% of the last up wave alone .next see , ok so far .lost some how my old & recent charts & having trouble though .
fontu
Keep up the good work as always. really appreciate it.
  • #380,864
  • Feb 7, 2011 5:18am Feb 7, 2011 5:18am
anybody target 3490 ??
  • #380,865
  • Feb 7, 2011 5:18am Feb 7, 2011 5:18am
3537 is the current support level. Now, will it hold? That's the million dollar question.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #380,866
  • Feb 7, 2011 5:19am Feb 7, 2011 5:19am
Quoting PhAnTi'
long scalp 3547.

lets c : p
I apologize if i cause offence but ,and i will say this now before it happens .
we are moving strongly down but i will garauntee before todays finished a trader that know what he is doing could make money from bull positions .
already today buying 80 which is popular area you could bank pips .
calling traders that are long or short muppets can come back an bite you like it does with clogs.

I do agree though if we break the range around 50 and break through 40 then high probability "00" is next.
If we get "00" at least try hold for the extra 10 pips to 90 watching for reaction.

"00" is good exit as price tends to range for a while .
making green pips large and red pips small this is my goal.
  • #380,867
  • Feb 7, 2011 5:19am Feb 7, 2011 5:19am
Quoting DarkWolF
Will it hold or smack straight through the lows.
From Friday there actually is (or should be) a support at this level. I wonder too whether it will break through or we'll be in a channel for a while. I'm tempted to go long here but must be cautious.
  • #380,868
  • Feb 7, 2011 5:20am Feb 7, 2011 5:20am
Anyone know what will this guy say?
ECB President Trichet Speaks

Will it push Euro more down?
?T-PX // LQ-HNT "01101110 01100101 01111010 01101001 01101101"
  • #380,869
  • Feb 7, 2011 5:21am Feb 7, 2011 5:21am
Quoting paul1
I apologize if i cause offence but ,and i will say this now before it happens .
we are moving strongly down but i will garauntee before todays finished a trader that know what he is doing could make money from bull positions .
already today buying 80 which is popular area you could bank pips .
calling traders that are long or short muppets can come back an bite you like it does with clogs.

I do agree though if we break the range around 50 and break through 40 then high probability "00" is next.
If we get "00" at least try hold for the...
agree paul.
but i dont wanna sell into 3538 level.... sell high - buy low.
if we break 3538 we will see 29 tomorrow kidding,,,but its gonna be a huge drop.

Ph.
Hero calls followed by margin calls...
  • #380,870
  • Feb 7, 2011 5:21am Feb 7, 2011 5:21am
Quoting vox dei
3537 is the current support level. Now, will it hold? That's the million dollar question.
You mean the Jan 24th day support?
  • #380,871
  • Feb 7, 2011 5:21am Feb 7, 2011 5:21am
Quoting oldman
anybody target 3490 ??
I have 3495 area as a 2nd possible reversal area.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #380,872
  • Feb 7, 2011 5:23am Feb 7, 2011 5:23am
Well I must say im hoping for the break of the lows and then that becoming resistance. That will make for a good start to the week. Likely to be some sort of bounce from here though, just gotta wait and see if it becomes range or breaks into a shorter trend.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #380,873
  • Feb 7, 2011 5:26am Feb 7, 2011 5:26am
Quoting hutrader
You mean the Jan 24th day support?
Nope, not necessarily. I have it as predictive S1 for today.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #380,874
  • Feb 7, 2011 5:26am Feb 7, 2011 5:26am
Quoting vox dei
I have 3495 area as a 2nd possible reversal area.

my 1st target 3492, 2nd 3420
  • #380,875
  • Feb 7, 2011 5:30am Feb 7, 2011 5:30am
levels u know what to do
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  • #380,876
  • Feb 7, 2011 5:31am Feb 7, 2011 5:31am
Quoting kill56
levels u know what to do
me not.
explain me please.
Hero calls followed by margin calls...
  • #380,877
  • Feb 7, 2011 5:32am Feb 7, 2011 5:32am
Quoting kill56
levels u know what to do

very nice, we will see
  • #380,878
  • Feb 7, 2011 5:34am Feb 7, 2011 5:34am
Quoting kill56
lets see where we close today ,

below 3550 will nice for shorts , i will sell the rallies up to 13620 above we might see 13700's , i will take it hour by hour
PH
  • #380,879
  • Feb 7, 2011 5:36am Feb 7, 2011 5:36am
Quoting kill56
do u see 3620 or 3590's as a line in the sand that will cap any retracment
PH
  • #380,880
  • Feb 7, 2011 5:37am Feb 7, 2011 5:37am
EUR/USD February 7, 2011

EUR/USD is correcting Friday’s down move and seems to be aiming for 1.3650. At 1.3650 we would need to wait and see what the next move would be as a breakout above 1.3660 will lead to a continued move to 1.3735. If sellers would emerge we need to assume a fall down to 1.3552.


EUR/USD 30 min chart
http://img156.imageshack.us/img156/9597/60146529.png
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