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  • #437,481
  • May 6, 2011 8:55am May 6, 2011 8:55am
correction at top 4880 formed a reverse symmetrical and expanded which normally break above but this time the opposite direction touched the bottom channel 200 ema on h4. close below should take it down to 4350
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Click to Enlarge Name: eurusdhourly.gif Size: 23 KB
  • #437,482
  • May 6, 2011 8:56am May 6, 2011 8:56am
done the week is over lets have fun
  • #437,483
  • May 6, 2011 9:00am May 6, 2011 9:00am
for the germans: Griechenland erwägt Austritt aus der Euro-Zone

Greece threatens to leave EZ. There will be a meeting tonight. Most likely after market close.
  • #437,484
  • May 6, 2011 9:03am May 6, 2011 9:03am
[quote=gordonfx;4600057]
Quoting paul1
For the traders fearing clogging loss dont worry i did a chart of his post history .

Generally after he has had a few sessions were every other post is one of cloggies ,it tends to be like a news event ,and you get a retrace were his posts come back to the 50 fib area ,before resuming the trend .

You will also see periods of consolidation ,the background fundamentals to this are he is on holiday and therefore needs to find a wifi connection for the laptop.
You tend to get a fakey meaning he is on the plane home ,then you...
No he tends to start them ,but the lack of audience participation tends to gravitate him to g/u and e/u.
He has a captive audience here .

Breaking news greece may implement own currency and leave eurozone.
making green pips large and red pips small this is my goal.
  • #437,485
  • May 6, 2011 9:05am May 6, 2011 9:05am
[quote=paul1;4600076]
Quoting gordonfx

No he tends to start them ,but the lack of audience participation tends to gravitate him to g/u and e/u.
He has a captive audience here .

Breaking news greece may implement own currency and leave eurozone.

1,50+ for sure now
  • #437,486
  • May 6, 2011 9:06am May 6, 2011 9:06am
Quoting needpips


1,50+ for sure now
How much sure? 1% or 3.5% sure?
The Thief of Wall Street
  • #437,487
  • May 6, 2011 9:08am May 6, 2011 9:08am
[quote=needpips;4600078]
Quoting paul1


1,50+ for sure now
You expect to break higher ?
You contrarion .
making green pips large and red pips small this is my goal.
  • #437,488
  • May 6, 2011 9:08am May 6, 2011 9:08am
Quoting gordonfx
mirico you full of wisdom
  • #437,489
  • May 6, 2011 9:09am May 6, 2011 9:09am
Quoting Chicky
How much sure? 1% or 3.5% sure?
Well...I think Greece not taking on any more debt that everyone knows it will never pay back is good for the Euro....Germany wont have to keep throwing $ in the wind.....they are a tourist trap....thats it.
  • #437,490
  • May 6, 2011 9:10am May 6, 2011 9:10am
Quoting egkid
Morning all
I c point Calling PA now which is 1.4380 Interesting
Have we reach there or not Yet
  • #437,491
  • May 6, 2011 9:12am May 6, 2011 9:12am
Quoting Chicky
How much sure? 1% or 3.5% sure?
I wish we was living in same country
Do u know what i will do Today
Invite you for good Pub and drinking some beer
I'm on very good profit
  • #437,492
  • May 6, 2011 9:12am May 6, 2011 9:12am
Quoting needpips
Well...I think Greece not taking on any more debt that everyone knows it will never pay back is good for the Euro....Germany wont have to keep throwing $ in the wind.....they are a tourist trap....thats it.
Does this mean 100% assurance?

I read risk discloure clause in my broker's contract. It says the greatest risk in currency trading is invterventions. After reading that clause, I am never sure, only take chances.
The Thief of Wall Street
  • #437,493
  • May 6, 2011 9:12am May 6, 2011 9:12am
Cloggie..cannot let you have ALL the fun ... lol

Quoting cloggie
Doing a bit of muppetspotting there Malc, don't take all of my fun away. Leave me some, which really is not that hard, plenty of candidates.
Blogging daily now at www.volume.zone
  • #437,494
  • May 6, 2011 9:16am May 6, 2011 9:16am
Quoting egkid
I wish we was living in same country
Do u know what i will do Today
Invite you for good Pub and drinking some beer
I'm on very good profit
Thanks but no if you are inviting me for Egyptian whisky or wine. I bought Ibne Seena (or something like that) from the store at Tahreer Square, ...................it was a very good trenquilizer.

I don't drink now, but a cup of coffee will be great if you are around Manhattan over the weekend.
The Thief of Wall Street
  • #437,495
  • May 6, 2011 9:16am May 6, 2011 9:16am
Quoting Chicky
Does this mean 100% assurance?

I read risk discloure clause in my broker's contract. It says the greatest risk in currency trading is invterventions. After reading that clause, I am never sure, only take chances.
Im not suggesting Greece leaving would strengthen the Euro....Im saying it seems like it would.

On the other hand, it may also be saying the Euro is a failed experiment. Therefore...a possible dissolution of the Euro, and everyone goes back to their respective currencies.
  • #437,496
  • May 6, 2011 9:16am May 6, 2011 9:16am
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  • #437,497
  • May 6, 2011 9:19am May 6, 2011 9:19am
Quoting cloggie
Ride it up, ride it down. I said a few days ago that I am not going to post my levels here publicly anymore. I Pm'd and emailed a few and we were out by 6 pips on that bounce but made a killing nonetheless.

I am not going to help the likes of pepper, wulfgar and the various fishboys and all the others on my Iggy list here.

Was just here to enjoy the muppetshow, the last thing I want to do is teach them how to trade and take my entertainment away in the process.

I posted my last level publicly yesterday and guess what, it got hit to the pip...

I was Just getting the hang of it Too

I would love to Join the group hit me up [email protected]
  • #437,498
  • May 6, 2011 9:19am May 6, 2011 9:19am
12:15 (Dow Jones) "Suggestions that Greece is threatening to leave the euro zone...nothing more than a bargaining tactic," says Douglas Borthwick of Faros Trading. "If Greece were to leave the euro zone, then the EUR/USD would move much higher. This would be terrible for French and German exporters, and so this kind of proposition forces Germany and France to do whatever Greece needs to keep them in the euro zone." Euro continues to fall on Greece reports, which are coming out of Germany, nearing $1.44. ([email protected])
  • #437,499
  • May 6, 2011 9:20am May 6, 2011 9:20am
seems everyone in here having issues understanding simple candle patterns , longs all over place , some as high as 1.4520

2 bar reversal.... very bearish in a pair that dropped 400 pip yesterday , bounced a mere 80 pip and got hammered back into 1.4500 and now got hammered agian on nfp news .... they were drying up demand

simple candle patterns MUST NOT be over looked.

2 bar reversal stopped dead on london highs and that muppets 1,4580 buy zone , so old johnny must be stopped out 2 for 2 now

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #437,500
  • May 6, 2011 9:20am May 6, 2011 9:20am
Quoting needpips
Im not suggesting Greece leaving would strengthen the Euro....Im saying it seems like it would.

On the other hand, it may also be saying the Euro is a failed experiment. Therefore...a possible dissolution of the Euro, and everyone goes back to their respective currencies.
I appreciate your thoughts but this world cannot afford a failed euro at least in the near future. That doesn't mean euro wont drop like hell in the coming weeks. In fact I am looking forward to it. But you never know.
The Thief of Wall Street
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