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  • #435,461
  • May 4, 2011 2:27pm May 4, 2011 2:27pm
Quoting prashant7
but thats a statement from a patriotic person and we all know ' a thing which goes up must come down ' an euro with a value of 1.5 $ has and can come down little bit ' i am not against euro ' just suggesting to beware of longing euro from here as technicals doesn't support anymore highs ' let me post some really supportive charts then based on that we can discuss more
if he was patriotic he'd be anti euro...
  • #435,462
  • May 4, 2011 2:28pm May 4, 2011 2:28pm
i have that TL too on my charts. LOL

but i see it diferently: if we do get below it it would be a false break up. false breaks are most often the begining of moves. who knows if this false break of 1.49 is telling us the same LOL

but in the end, as i said on pm, probably that why you take from the market and i... well, am taking some these days now LOL (4 trades closed: 2 be+1, 2x 50 long. 3 trades open: this very moment 83+68+20. these are worth nothing until banked, i know, but at least they are all at be so it WILL end well today)

green pips and a kiss

Quoting PipChick
Hey wannaberich..You see an abc short on the m30 and I see an abc long on the m30..lol But yes, this time of day, either could play out but..there is bullish hidden divergence . I also see this tl on the daily so I would be afraid to A) go against the trend and B) have a supporting TL in my way. Its just about risk tho for me
dreams do come true.
  • #435,463
  • May 4, 2011 2:28pm May 4, 2011 2:28pm
Schalke no chance

Quoting bbakker
Make that 2-1... 4-1 agg
Disclaimer: Check your 1m charts
  • #435,464
  • May 4, 2011 2:29pm May 4, 2011 2:29pm
h W M µ FTW
  • #435,465
  • May 4, 2011 2:30pm May 4, 2011 2:30pm
Nice PC

Quoting PipChick
Here is the h4 chart:
So will we go back to the bottom of the bull flag tl? We could but I wont short into it because of the bullish hidden divergence and the daily TL. It "could " be a fake out. But if it isnt and it goes to the bottom, I will be watching for a signal to buy down there.
Disclaimer: Check your 1m charts
  • #435,466
  • May 4, 2011 2:31pm May 4, 2011 2:31pm
Quoting FibbinArchie
if he was patriotic he'd be anti euro...


but france doesn't have much exports to deal with and why would he want a weak euro ?
finding A M S
  • #435,467
  • May 4, 2011 2:33pm May 4, 2011 2:33pm
Quoting wannaberich
i have that TL too on my charts. LOL

but i see it diferently: if we do get below it it would be a false break up. false breaks are most often the begining of moves. who knows if this false break of 1.49 is telling us the same LOL

but in the end, as i said on pm, probably that why you take from the market and i... well, am taking some these days now LOL (4 trades closed: 2 be+1, 2x 50 long. 3 trades open: this very moment 83+68+20. these are worth nothing until banked, i know, but at least they are all at be so it WILL end well today)

green...
I think you do quite well and its good that we dont see the same things because with what you just said, it gives me the chance to go back and check my work and think about it. I am in no way always right and appreciate different ideas that I can compare to my own analysis. It can keep me from making a bad trade when I take a look at others ideas.
  • #435,468
  • May 4, 2011 2:35pm May 4, 2011 2:35pm
that kind of comment is what separates you from a lot others around. your a great trader and still open enough to look at other people's views and respect them.

i hope i will be a good trader like u are.



Quoting PipChick
I think you do quite well and its good that we dont see the same things because with what you just said, it gives me the chance to go back and check my work and think about it. I am in no way always right and appreciate different ideas that I can compare to my own analysis. It can keep me from making a bad trade when I take a look at others ideas.
dreams do come true.
  • #435,469
  • May 4, 2011 2:36pm May 4, 2011 2:36pm
Quoting pipper
I think they will push it past 1.50.. If they don't, then it will be a long way down imo
might be just a retracement as we had been in this rally earlier " At 1.5 there is 23. % of full high of euro hence there lies a big resistance ' but it all depends on how us equities behave in coming days and also with some serious rumers of interest rate hikes by tricky trichet ? will see ' with few bad news coming out from US can do a lot for usd '
finding A M S
  • #435,470
  • May 4, 2011 2:37pm May 4, 2011 2:37pm
Quoting wannaberich
that kind of comment is what separates you from a lot others around. your a great trader and still open enough to look at other people's views and respect them.

i hope i will be a good trader like u are.
Thats a nice complement. Thanks but for me..its about the money. I could care less if I am right as long as the pips are there at the end of each semester. LOLOL. Two kids in college. enuf said.
  • #435,471
  • May 4, 2011 2:38pm May 4, 2011 2:38pm
Oil is at 108.90...
  • #435,472
  • May 4, 2011 2:39pm May 4, 2011 2:39pm
Quoting AllyB
3 x 12 = 36 that will work

piece of cake
Yes it is achievable, I am averaging 73/day on EUR at present trading fairly conservatively from 5M TF. GBP average 68/day but I am scaling out of GBP and increasing EUR positions to compensate.
" Never let the past hold the future to ransom "
  • #435,473
  • May 4, 2011 2:39pm May 4, 2011 2:39pm
shorts still in play,

short at 1.4871 , 66 , 48 since yesterday.

TP 1 1.4745 Orange
TP 2 1.4625 Red

that massive spike on 4h has this well and trully on.
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd 4h.jpg Size: 135 KB
  • #435,474
  • May 4, 2011 2:41pm May 4, 2011 2:41pm
Quoting prashant7
but france doesn't have much exports to deal with and why would he want a weak euro ?
was a political point, if he was patriotic he wouldn't surrender French sovereignty to the European union...
  • #435,475
  • May 4, 2011 2:43pm May 4, 2011 2:43pm
Quoting PipChick
Here is the h4 chart:
So will we go back to the bottom of the bull flag tl? We could but I wont short into it because of the bullish hidden divergence and the daily TL. It "could " be a fake out. But if it isnt and it goes to the bottom, I will be watching for a signal to buy down there.
Good decision but usd still doesn't have that much power to hit back euro

it gains power with rejections and if some bad news can bring this dam dow down so we can have some good entries for longing euro ' any ways i have lot of reasons to prove that euro should take some correction from now on "
finding A M S
  • #435,476
  • May 4, 2011 2:47pm May 4, 2011 2:47pm
Quoting FibbinArchie
was a political point, if he was patriotic he wouldn't surrender French sovereignty to the European union...
his country is benefited more after germany being with union " might be He knows better than us what he is doing with his statements '
finding A M S
  • #435,477
  • May 4, 2011 2:47pm May 4, 2011 2:47pm
I dont see the spike on my chart. How many hours to daily close. I have two hours on my metatrader?. Im i wrong. I have 2 hours to my 4-hour candle close and i dont have that spike
  • #435,478
  • May 4, 2011 2:49pm May 4, 2011 2:49pm
Quoting Gleneagles
Ally,

I did not trade the late NY session but have marked the beats again..some easy 12 pippers again?
Thanks a lot for the explanatory graphic Glen, I always asked myself how you do it. But to be fair it looks a lot easier if it already happened. Might be interesting how you calculate/find them when they are in the making.
  • #435,479
  • May 4, 2011 2:49pm May 4, 2011 2:49pm
Quoting prashant7
his country is benefited more after germany being with union " might be He knows better than us what he is doing with his statements '
yeah maybe,

I was speaking from a british, euro sceptic perspective...
  • #435,480
  • May 4, 2011 2:55pm May 4, 2011 2:55pm
Hello everyone im new to this thread, but not as a trader. My goal is to help some of the new traders and even learn something new. I look forward to contributing to this thread many pips to everyone!
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