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EURUSD

  • #434,221
  • May 3, 2011 1:16pm May 3, 2011 1:16pm
hi
what about buy E/U from 1.4820 ???
  • #434,222
  • May 3, 2011 1:17pm May 3, 2011 1:17pm
my levels for this evening...looking for long
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  • #434,223
  • May 3, 2011 1:18pm May 3, 2011 1:18pm
Quoting Pipabix
so i guess everyone here is long, ,

how you can see this is beyond me. .

everything i look at is toppin this out,

may i mention divergence on 1h
What can you see that says topping out .?

Cant see fundie evidence.

cant even see retrace.

Does this chart not make you bullish ,if not ,why?

Attached Image (click to enlarge)
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making green pips large and red pips small this is my goal.
  • #434,224
  • May 3, 2011 1:18pm May 3, 2011 1:18pm
Quoting pipper
Long @ 24.. Tight stop

At the 50 fib...hmmm lil bounce possible...lets see the 30 close first
  • #434,225
  • May 3, 2011 1:19pm May 3, 2011 1:19pm
Quoting MitchWorse
my levels for this evening...looking for long

could be, for 30-40 mins . . . esp when ur looking at a 5min chart. .

a possible 20-30pips could be on the card
  • #434,226
  • May 3, 2011 1:20pm May 3, 2011 1:20pm
Nice drop in oil...

Stocks, oil, silver, gold...all down on day.
  • #434,227
  • May 3, 2011 1:20pm May 3, 2011 1:20pm
Silver got killed again.
AGQ lost 30% in a few days.

http://finviz.com/quote.ashx?t=agq&ty=c&ta=1&p=d
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #434,228
  • May 3, 2011 1:20pm May 3, 2011 1:20pm
yeah, I entered this long also but I think I will give it a small stop because I think if we get below 4820, we could go lower.
  • #434,229
  • May 3, 2011 1:20pm May 3, 2011 1:20pm
This should tell you next direction of Eur/Usd:
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  • #434,230
  • May 3, 2011 1:21pm May 3, 2011 1:21pm
Quoting bluefalcon
hi
what about buy E/U from 1.4820 ???
4823 was asia open for me ,might not see 20
making green pips large and red pips small this is my goal.
  • #434,231
  • May 3, 2011 1:21pm May 3, 2011 1:21pm
Quoting paul1
With todays margin rise .on top of last weeks ,some of the move could be traders having to reducing positions,with the margin they have available to trade with.
oh I don't disagree......but you don't think they are moving their money into something else that can move.....we have extremes in many sectors....time will tell....but when I watched oil drop 3 dollars in about an hour today.....and we all see what silver and gold have been doing......and remember what Goldman Sachs said a couple of weeks ago.....lighten up on commodities there will be a correction.......and when commodities drop......the USD goes up due to the correlation and the fact that these commodities are priced in USD.
I don't trust any move - when you have profit...take it.
  • #434,232
  • May 3, 2011 1:21pm May 3, 2011 1:21pm
Quoting egkid
Nope ,I don't use it
BTW: this 1.4820 will b in Play over and over just watch it.
Good Girl ooops we still 1.4840 But no worry we going 1.48
  • #434,233
  • May 3, 2011 1:21pm May 3, 2011 1:21pm
Quoting paul1
What can you see that says topping out .?

Cant see fundie evidence.

cant even see retrace.

Does this chart not make you bullish ,if not ,why?

Attachment

your own chart is telling you, and you have even noticed it enough to make small green circles over them. . . .

look again my friend.
  • #434,234
  • May 3, 2011 1:22pm May 3, 2011 1:22pm
Quoting PipChick
Are you looking for it to go down to the next yellow box PTL?

Lol, good question. These boxes are a little different from my usual variety, so I'm not quite sure. But a break of the box seems to signal a move in that direction, risking a close through the otherside.
Look Sharp/Trade Tight
  • #434,235
  • May 3, 2011 1:23pm May 3, 2011 1:23pm
Adjusted target is 4951 as long as 4822 holds with the FE's as intermediate targets.
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  • #434,236
  • May 3, 2011 1:23pm May 3, 2011 1:23pm
Quoting PayTheLimit
Lol, good question. These boxes are a little different from my usual variety, so I'm not quite sure. But a break of the box seems to signal a move in that direction, risking a close through the otherside.
ewww I dont like that for my long trade.
  • #434,237
  • May 3, 2011 1:24pm May 3, 2011 1:24pm
Quoting johnnyrei
This should tell you next direction of Eur/Usd:
finally someone that sees the correlation between oil and the Eur/Usd
I don't trust any move - when you have profit...take it.
  • #434,238
  • May 3, 2011 1:24pm May 3, 2011 1:24pm
Quoting johnnyrei
This should tell you next direction of Eur/Usd:

Well if u mean oil inversely to the US $...then EU south?
  • #434,239
  • May 3, 2011 1:25pm May 3, 2011 1:25pm
Quoting needpips
Well if u mean oil inversely to the US $...then EU south?
you got it baby.
I don't trust any move - when you have profit...take it.
  • #434,240
  • May 3, 2011 1:26pm May 3, 2011 1:26pm
Quoting PipChick
ewww I dont like that for my long trade.
Well that box is only good for the next 35mins or so..but thats a whole other story, wish you luck PC....
Look Sharp/Trade Tight
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