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  • #413,481
  • Mar 25, 2011 7:50am Mar 25, 2011 7:50am
I already posted today's range earlier during the day.... Buy the dips rather than going short... and wait for 1.44 next week...

http://www.forexfactory.com/showthre...23#post4497923
  • #413,482
  • Mar 25, 2011 7:53am Mar 25, 2011 7:53am
Quoting sriramsh
I already posted today's range earlier during the day.... Buy the dips rather than going short... and wait for 1.44 next week...

http://www.forexfactory.com/showthre...23#post4497923
This is my response to You mate:
Merkel: Only time will tell if measures will be enough to combat debt crisis

Written by Gerry Davies
March 25, 2011 at 12:28 GMT

Blimey. EUR/USD extends sell-off.




Looks like they do not know what else to do.

Seb
  • #413,483
  • Mar 25, 2011 7:54am Mar 25, 2011 7:54am
Attached Image (click to enlarge)
Click to Enlarge Name: UploadImage.png Size: 70 KB


I like bright colours they cheers you up if you have to stare at them all day lol.
100% , 3860, 4day resistance turned 2 day support.
61.8% 4000, 3 day resistance
50% 4050, retrace of up leg
23% 4150, retrace level
The top 4250.
making green pips large and red pips small this is my goal.
  • #413,484
  • Mar 25, 2011 7:54am Mar 25, 2011 7:54am
Quoting sriramsh
I already posted today's range earlier during the day.... Buy the dips rather than going short... and wait for 1.44 next week...

http://www.forexfactory.com/showthre...23#post4497923
I may have to agree with you in a few. Running out of time and patience here. I'll give it to US reports and NY open....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #413,485
  • Mar 25, 2011 7:58am Mar 25, 2011 7:58am
Thanks mate, Well my analysis is purely technical and market behavior about sell off is just to thwart out newbies who cant figure out the underlying trend, the current trend which was bearish two days ago, is underway turning bullish and its 75% complete and 25% more to be done before it can shoot up....


Quoting Flynchenberg
This is my response to You mate:
Merkel: Only time will tell if measures will be enough to combat debt crisis...
  • #413,486
  • Mar 25, 2011 8:00am Mar 25, 2011 8:00am
Quoting sriramsh
I already posted today's range earlier during the day.... Buy the dips rather than going short... and wait for 1.44 next week...

http://www.forexfactory.com/showthre...23#post4497923


But why leave pips on the table not to mention paying the overnight interest on leverage? Short it on the way down and then reverse position.
We're all stories in the end. Just try to make it a good one.
  • #413,487
  • Mar 25, 2011 8:00am Mar 25, 2011 8:00am
Quoting sisse
I may have to agree with you in a few. Running out of time and patience here. I'll give it to US reports and NY open....

sisse
4099 is what I'm looking for.
  • #413,488
  • Mar 25, 2011 8:01am Mar 25, 2011 8:01am
be a nice end to the week if this keeps going...

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Attached Image
  • #413,489
  • Mar 25, 2011 8:02am Mar 25, 2011 8:02am
I think we'll test 1.4070 today
  • #413,490
  • Mar 25, 2011 8:04am Mar 25, 2011 8:04am
The problem with that is since the underlying trend is bullish, you can never get to pick the bottom and it may reverse at anypoint before even you realize it... this is where most traders burn their fingers...


Quoting Traderji
But why leave pips on the table not to mention paying the overnight interest on leverage? Short it on the way down and then reverse position.
  • #413,491
  • Mar 25, 2011 8:06am Mar 25, 2011 8:06am
Well, I think it may start reversing now...1.4120 since thats a important point as of yesterday... we may not get to see 1.4099.... I may be wrong... but I bought another long at 1.4120...

Quoting Mr Hatch
4099 is what I'm looking for.
  • #413,492
  • Mar 25, 2011 8:09am Mar 25, 2011 8:09am
Quoting Mr Hatch
4099 is what I'm looking for.
I see. This is what I have been waiting all day in h1....

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: Trigger h1.jpg Size: 115 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #413,493
  • Mar 25, 2011 8:10am Mar 25, 2011 8:10am
Quoting sriramsh
Well, I think it may start reversing now...1.4120 since thats a important point as of yesterday... we may not get to see 1.4099.... I may be wrong... but I bought another long at 1.4120...
good job
  • #413,494
  • Mar 25, 2011 8:12am Mar 25, 2011 8:12am
Quoting sriramsh
Well, I think it may start reversing now...1.4120 since thats a important point as of yesterday... we may not get to see 1.4099.... I may be wrong... but I bought another long at 1.4120...

technicaly speaking we are in 61% fibo retr 4050-4225
so a buy is first thing i did lets see
small position ready to close it
90% of traders use TA, indicators and prediction
  • #413,495
  • Mar 25, 2011 8:12am Mar 25, 2011 8:12am


Quoting sisse
I see. This is what I have been waiting all day in h1....

sisse
  • #413,496
  • Mar 25, 2011 8:13am Mar 25, 2011 8:13am
Quoting sriramsh
The problem with that is since the underlying trend is bullish, you can never get to pick the bottom and it may reverse at anypoint before even you realize it... this is where most traders burn their fingers...

Yea but you don't pick a bottom till you have confirm breakout to the upside on a high TF. Besides your move is no less risky when you consider the drawdown on your account. I'd be pretty tense if I was going into the weekend 70pips in the red.
We're all stories in the end. Just try to make it a good one.
  • #413,497
  • Mar 25, 2011 8:13am Mar 25, 2011 8:13am
Quoting alex.fx
I think we'll test 1.4070 today


Is that hope I hear?
  • #413,498
  • Mar 25, 2011 8:14am Mar 25, 2011 8:14am
Bear's Day..
  • #413,499
  • Mar 25, 2011 8:14am Mar 25, 2011 8:14am
Quoting sisse
I see. This is what I have been waiting all day in h1....

sisse
damn, you're a chart artist. allow a bit of slippage, tho. i don't think, you've got anything to lose atm, do you?
  • #413,500
  • Mar 25, 2011 8:15am Mar 25, 2011 8:15am
I've got weekly pivot and daily s1 @ 407x. could go down and bounce off.
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