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  • #419,681
  • Apr 10, 2011 3:21am Apr 10, 2011 3:21am
When I read to different forums and see that nearly everyone and his dog is super bullish with targets up to 2.x or even more, I think it is about time to go heavy short here or over the next few days :-)
  • #419,682
  • Apr 10, 2011 3:26am Apr 10, 2011 3:26am
Quoting infinitus
When I read to different forums and see that nearly everyone and his dog is super bullish with targets up to 2.x or even more, I think it is about time to go heavy short here or over the next few days :-)
may i know which other forum do u visit?
Trade responsiblypatience is the key/Swing trader
  • #419,683
  • Apr 10, 2011 3:37am Apr 10, 2011 3:37am
Quoting infinitus
When I read to different forums and see that nearly everyone and his dog is super bullish with targets up to 2.x or even more, I think it is about time to go heavy short here or over the next few days :-)
Only a few old 10v's are long for some time, while other try to pick the ultimate top. It'll retrace, that's for sure.
  • #419,684
  • Apr 10, 2011 3:52am Apr 10, 2011 3:52am
This is my main count - a double "three".

Maybe we have seen the end of this whole "upward" correction on Friday.

Sentiment is since weeks at a very low. Scanning through different blogs, forums, newspapers etc. reveals a very USD bearish sentiment and most pundits see the USD sink further into insignificance. Targets for EURUSD of 2.x or even higher are the order of the day.

Time to go heavy short???
Attached Image (click to enlarge)
Click to Enlarge Name: 04102011 4h evening main count bearish eurusd.jpg Size: 108 KB
  • #419,685
  • Apr 10, 2011 4:03am Apr 10, 2011 4:03am
Heavy short since January, lol

seb
  • #419,686
  • Apr 10, 2011 4:08am Apr 10, 2011 4:08am
Quoting infinitus
This is my main count - a double "three".

Maybe we have seen the end of this whole "upward" correction on Friday.

Sentiment is since weeks at a very low. Scanning through different blogs, forums, newspapers etc. reveals a very USD bearish sentiment and most pundits see the USD sink further into insignificance. Targets for EURUSD of 2.x or even higher are the order of the day.

Time to go heavy short???
Have you had a look at the COT charts this week-end?
Looks like there is a lot of buyers out there (811,210 to be exact), but not sure how much was spent the last 3 days getting this jump though...

But 1 thing is for sure, it will go up and down
  • #419,687
  • Edited 5:40am Apr 10, 2011 4:37am | Edited 5:40am
the current exchange rate is 1.4423, according to xe.com

edit : go back on 1.4484
  • #419,688
  • Apr 10, 2011 6:41am Apr 10, 2011 6:41am
Hello all!
How do you think in Monday EURUSD go back to 1,44 or not?
  • #419,689
  • Apr 10, 2011 6:43am Apr 10, 2011 6:43am
Quoting Breza
the current exchange rate is 1.4423, according to xe.com

edit : go back on 1.4484
Yes I looked at the same thing, haven't seen such a big move for a loooong time..
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2011-04-10 at 9.42.09 PM.png Size: 41 KB
  • #419,690
  • Apr 10, 2011 6:49am Apr 10, 2011 6:49am
Hi Everyone,

In my humble opinion, EURUSD is in strong up trend in the daily chart.
Support lies in the 1.4250-1.4300 area.

CCI (20) is around the 200 level, which was followed by a fall of price in the last two times (black circles).

Therefore, IMHO EURUSD might retrace back to the trend or support area, before resuming its up movement towards 1.4500 (previous highs @ Oct.-Nov. 2009).

Love to hear everyone's opinions about this analysis. Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 19 KB
  • #419,691
  • Apr 10, 2011 7:49am Apr 10, 2011 7:49am
Quoting TradeBugger
Is there no mod here to ensure topic of discussion stays ON TRACK? I didn't come to read nonsense gossip totally unrelated to the market..... if I wanted to do that I would just go on yahoo chat.
Well, well, well, lookee here. Looks like you were moderated right out of the joint. I don't come here to read the shite you posted that has been extracted either. Nasty boy!
Nothing worth having is easy.
  • #419,692
  • Apr 10, 2011 7:59am Apr 10, 2011 7:59am
Quoting Jeheil
I normally dont leave a trade in over the weekend (im new to FX and as such wary). I woke up to close out my EUR/USD this Saturday morning (in Australia) and realised I had missed the close (daylight saving...damn you).

My trade is in a healthy profit (45 pips up) with a 25 pip trailing stop currently guaranteeing me a 20 pip profit. However I recall last week a large gap on Monday re-opening.

I assume the gap can result in stops being leapt over ? yes ?

Would the gap typically follow the trend ? The EUR/USD ended on a daily high with...

1. gap will result in stop loss leapt over

2. this is current price of eur/usd - gap will be according to this price before opening (you also have time stated there and proce refreshes every couple of minutes):

http://www.fxstreet.com/rates-charts/currency-rates/
  • #419,693
  • Apr 10, 2011 8:10am Apr 10, 2011 8:10am
nice one from XE :-)
  • #419,694
  • Apr 10, 2011 8:19am Apr 10, 2011 8:19am
Quoting sergindo
Hello all!
How do you think in Monday EURUSD go back to 1,44 or not?
Nobody knows if it will go back to 1.44 by Monday. Please let me know when you find someone who can. I'll pay you a million.
  • #419,695
  • Apr 10, 2011 8:27am Apr 10, 2011 8:27am
Interesting PA from XE, Oanda did have some movement yesterday @ 4:00AM but only about 10 pips, nothing like XE's swing.
  • #419,696
  • Apr 10, 2011 9:49am Apr 10, 2011 9:49am
Quoting pkimnyc
Nobody knows if it will go back to 1.44 by Monday. Please let me know when you find someone who can. I'll pay you a million.
I won't give a date or time, but we have busted into new territory without a support test...Friday NY close higher than London, so we should see a test of this area(red), but ultimately, 1.4350ish is the support zone(white) that I could see tested this week...

Does this qualify for the 1 Million pay out? Or do we gotta get there first?

Attached Image (click to enlarge)
Click to Enlarge Name: retrace.jpg Size: 127 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #419,697
  • Apr 10, 2011 9:52am Apr 10, 2011 9:52am
Quoting Magix
I won't give a date or time, but we have busted into new territory without a support test...Friday NY close higher than London, so we should see a test of this area(red), but ultimately, 1.4350ish is the support zone(white) that I could see tested this week...

Does this qualify for the 1 Million pay out? Or do we gotta get there first?

gotta give out specific dates and time dude. otherwise, it useless.
  • #419,698
  • Apr 10, 2011 9:53am Apr 10, 2011 9:53am
Quoting pkimnyc
gotta give out specific dates and time dude. otherwise, it useless.
DAMMIT!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #419,699
  • Apr 10, 2011 10:24am Apr 10, 2011 10:24am
Quoting sergindo
Hello all!
How do you think in Monday EURUSD go back to 1,44 or not?
Of course everything depends only on the time
Price falls around 1.44 = 43 dancing a lot on long positions
  • #419,700
  • Apr 10, 2011 10:36am Apr 10, 2011 10:36am
Quoting infinitus
When I read to different forums and see that nearly everyone and his dog is super bullish with targets up to 2.x or even more, I think it is about time to go heavy short here or over the next few days :-)
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