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EURUSD

  • #408,981
  • Mar 17, 2011 2:47pm Mar 17, 2011 2:47pm
Need a daily close above 1.4 for higher prices. Weekley close would be even better
  • #408,982
  • Mar 17, 2011 2:49pm Mar 17, 2011 2:49pm
Quoting harryodal
Hey Guys,

Am tired of all this state of limbo with the EURUSD. When is it going south man. Really getting tired of sitting on my hands. Move market move!!!!
Monster trend line once again in sight and EZ's answer to QE is scheduled to get ratified on Mar 24th. May possibly be not too long now...
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  • #408,983
  • Mar 17, 2011 2:59pm Mar 17, 2011 2:59pm
If eur can push up 170 pips without any major news release today and stay above 1.4000.
That certainly looks bullish to me .
What will happen if we have bad news for us or good news for eu.

I hear the euro saying "if i can do this in a day imagine what i can do in 7" lol no sorry think that was god on earths creation ahh well
making green pips large and red pips small this is my goal.
  • #408,984
  • Mar 17, 2011 3:02pm Mar 17, 2011 3:02pm
Quoting vinesh2
Need a daily close above 1.4 for higher prices. Weekley close would be even better
Yeap, that what we all waiting for. Seems very difficult (almost impossible I would say) a daily close below 1.400x. A close above will point to a confirmed break on daily R and above 1.402x a clean break on range and the TA door wide open for higher prices (high 1.40xxs at least) ... we'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #408,985
  • Mar 17, 2011 3:05pm Mar 17, 2011 3:05pm
Quoting FibbinArchie
off for a cheeky vodka hatch?
omg, no.

the last time I emptied a bottle, i vomited the whole following day
  • #408,986
  • Mar 17, 2011 3:07pm Mar 17, 2011 3:07pm
Quoting sisse
Yeap, that what we all waiting for. Seems very difficult (almost impossible I would say) a daily close below 1.400x. A close above will point to a confirmed break on daily R and above 1.402x a clean break on range and the TA door wide open for higher prices (high 1.40xxs at least) ... we'll see

sisse
no close above 403x on hourly, as of yet...
  • #408,987
  • Mar 17, 2011 3:08pm Mar 17, 2011 3:08pm
Quoting Mr Hatch
omg, no.

the last time I emptied a bottle, i vomited the whole following day
everything in moderation hatch..
  • #408,988
  • Mar 17, 2011 3:11pm Mar 17, 2011 3:11pm
Quoting FibbinArchie
everything in moderation hatch..
tell me, when I have drowned half a bottle
  • #408,989
  • Mar 17, 2011 3:12pm Mar 17, 2011 3:12pm
I've been long since 1.3880...waiting for it to hit 1.4050 so I can dump this! Might see 1.41 by end of tomorrow I hope
  • #408,990
  • Mar 17, 2011 3:15pm Mar 17, 2011 3:15pm
Quoting FibbinArchie
no close above 403x on hourly, as of yet...
The daily wick on the high will leave the door open for a further push up. I was expecting a much higher close (close to highs) for a reversal early or a deep close below ystday highs. In my books a close in the current levels, apart from daily R break leave the door open to the upside despite an hourly close above 1.403x that late in the trading day as the move can be delayed as late as London opens tomorrow if there is no surprises on Japan.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #408,991
  • Mar 17, 2011 3:16pm Mar 17, 2011 3:16pm
Quoting Cluelus
Hi Kill.

Sir have you posted the boxes in the GY yet and if so by which name?
Thanx C.

its there now
  • #408,992
  • Mar 17, 2011 3:20pm Mar 17, 2011 3:20pm
apparently they're close to getting power restored to the fukushima reactor cooling system, fingers crossed...

http://www.bbc.co.uk/news/world-asia-pacific-12779512
  • #408,993
  • Mar 17, 2011 3:23pm Mar 17, 2011 3:23pm
Quoting sisse
The daily wick on the high will leave the door open for a further push up. I was expecting a much higher close (close to highs) for a reversal early or a deep close below ystday highs. In my books a close in the current levels, apart from daily R break leave the door open to the upside despite an hourly close above 1.403x that late in the trading day as the move can be delayed as late as London opens tomorrow if there is no surprises on Japan.

sisse
wouldn't be surprised to see tokyo spike the high then drive it back down to retest the bottom of the range, I estimate that we have more range play over the coming days, 200 pip range high only violated by 10% so far...

Could be wwwrong, let's see...
  • #408,994
  • Mar 17, 2011 3:23pm Mar 17, 2011 3:23pm
Quoting Mr Hatch
tell me, when I have drowned half a bottle


Sound like me last week, at work, having one of those never drinking again days. I then puked at work to top it all off... lolol
  • #408,995
  • Mar 17, 2011 3:29pm Mar 17, 2011 3:29pm
well I'm long and strong
rat
  • #408,996
  • Mar 17, 2011 3:29pm Mar 17, 2011 3:29pm
btw, I'm pretty sure I posted that chart already, but apart from the fact that W1 is around that level, 4053 is the 100%-FE from 1.18 to 1.333 through 1.2586, while 4038 is the 61.8-FE off 1.2871 to 1.386 through 1.3427.
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  • #408,997
  • Mar 17, 2011 3:32pm Mar 17, 2011 3:32pm
Quoting Mr Hatch
omg, no.

the last time I emptied a bottle, i vomited the whole following day

good times...
Look Sharp/Trade Tight
  • #408,998
  • Mar 17, 2011 3:34pm Mar 17, 2011 3:34pm
Quoting PayTheLimit
good times...
not for me...
  • #408,999
  • Mar 17, 2011 3:34pm Mar 17, 2011 3:34pm
Quoting kill56
ok i will post it at the grave yard later on

http://www.forexfactory.com/showthread.php?t=246111
Hi Kill.
I know how to do the rectangle, but what I dont know is what level to put it at and how log it should be?
Sorry to bother you like this.
  • #409,000
  • Mar 17, 2011 3:37pm Mar 17, 2011 3:37pm
Quoting paul1
If eur can push up 170 pips without any major news release today and stay above 1.4000.
That certainly looks bullish to me .
What will happen if we have bad news for us or good news for eu.

I hear the euro saying "if i can do this in a day imagine what i can do in 7" lol no sorry think that was god on earths creation ahh well

i think the recent correction wasn't implying a 'correction' to continue up move... i believe it was a message to say eu is gonna turn bearish... but we are moving up so people can exit their longs, flushing out stops etc before turning... if this is like the previous down move then i wouldn't hold longs for more than a few days... i exited a long too early from 1.3876 at 1.3945 after being stung for losing long trade earlier. so took the profits off the table to back up towards BE.

I believe this is still headed up to at least 1.4127... i have a final target of 1.4211-18 but not gonna long to get there... waiting to short this puppy through the floor...
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