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EURUSD

  • #386,361
  • Feb 14, 2011 8:07am Feb 14, 2011 8:07am
i will try to short 349..
Trade what you see, Not what you think.
  • #386,362
  • Feb 14, 2011 8:10am Feb 14, 2011 8:10am
NICE

Quoting PayTheLimit
I see your very well read...
  • #386,363
  • Feb 14, 2011 8:10am Feb 14, 2011 8:10am
looking at 34949 for 50 fib ... but if it hits 3481 and target hit.. i'm out.
There is no royal road to anything.
  • #386,364
  • Feb 14, 2011 8:11am Feb 14, 2011 8:11am
Quoting detailas
Hey big C. Would you include 3492 since fibre loves the 50?
look
Attached Image (click to enlarge)
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  • #386,365
  • Feb 14, 2011 8:11am Feb 14, 2011 8:11am
Quoting detailas
Hey big C. Would you include 3492 since fibre loves the 50?

Yup. Let's get a close above the first one first.
  • #386,366
  • Feb 14, 2011 8:13am Feb 14, 2011 8:13am
Attached Image
  • #386,367
  • Feb 14, 2011 8:13am Feb 14, 2011 8:13am
Quoting PayTheLimit
I see your very well read...
.
Attached Image
  • #386,368
  • Feb 14, 2011 8:14am Feb 14, 2011 8:14am
Quoting kill56
beautiful, love the classics as well... not sure about burgundy colour tho'
  • #386,369
  • Feb 14, 2011 8:15am Feb 14, 2011 8:15am
Quoting cloggie
Yup.
Let's pass the 38% first and then we see what happens..
IMO If it's too eager to move towards 1.3400, then maybe it's a thin chance to kiss the 50% retracement.
  • #386,370
  • Feb 14, 2011 8:17am Feb 14, 2011 8:17am
Quoting detailas
Let's pass the 38% first and then we see what happens..
IMO If it's too eager to move towards 1.3400, then maybe it's a thin chance to kiss the 50% retracement.

The 61.8 you mean. You got your fibs upside down.
  • #386,371
  • Feb 14, 2011 8:17am Feb 14, 2011 8:17am
Quoting cloggie
The 61.8 you mean. You got your fibs upside down.
phanti gonna reload at 3492

''Dont mess with the Zohan'' now.


Ph.
Hero calls followed by margin calls...
  • #386,372
  • Feb 14, 2011 8:19am Feb 14, 2011 8:19am
looks like bounce has been contained,time to reload short
  • #386,373
  • Feb 14, 2011 8:19am Feb 14, 2011 8:19am
looks like its all the correcting we will be doing.
  • #386,374
  • Feb 14, 2011 8:19am Feb 14, 2011 8:19am
at least its should go 3477
Trade what you see, Not what you think.
  • #386,375
  • Feb 14, 2011 8:19am Feb 14, 2011 8:19am
Quoting cloggie
Yup. Let's get a close above the first one first.
there's your 40 pips...
  • #386,376
  • Feb 14, 2011 8:20am Feb 14, 2011 8:20am
Quoting cloggie
The 61.8 you mean. You got your fibs upside down.
?????
I got 23.6% / 3457, 38.2% / 3476, 50% / 34.91 and 61.8% / 3507.
  • #386,377
  • Feb 14, 2011 8:21am Feb 14, 2011 8:21am
Quoting FibbinArchie
there's your 40 pips...

Nice little double. Now 2 options, the favourite one being ranging here for a bit, just to sucker in some retail money, the ones that feel it is safe to load up on shorts and the ones that feel that the 50 is now in sight. Both of these will have tight stops, so let's take them out.
  • #386,378
  • Feb 14, 2011 8:22am Feb 14, 2011 8:22am
Quoting cloggie
Nice little double. Now 2 options, the favourite one being ranging here for a bit, just to sucker in some retail money, the ones that feel it is safe to load up on shorts and the ones that feel that the 50 is now in sight. Both of these will have tight stops, so let's take them out.
I think they could care less about retail money...
  • #386,379
  • Feb 14, 2011 8:24am Feb 14, 2011 8:24am
Quoting cloggie
Nice little double. Now 2 options, the favourite one being ranging here for a bit, just to sucker in some retail money, the ones that feel it is safe to load up on shorts and the ones that feel that the 50 is now in sight. Both of these will have tight stops, so let's take them out.
fomc dudley gobbing off good for a decent whip saw...
  • #386,380
  • Feb 14, 2011 8:24am Feb 14, 2011 8:24am
Quoting DBallerz
I think they could care less about retail money...

You clearly missed the sarcasm aimed at a few posters above here who felt safe to either take this as the end of the retrace or as the continuance without any confirmation, only based on a number.

As an aside, the pros are after the retail money, or the occasional speculator money, as they generally keep their stops in the obvious places and use the obvious reasons for entering trades in a certain direction.
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