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EURUSD

  • #437,561
  • May 6, 2011 12:11pm May 6, 2011 12:11pm
Guys take advantage of the volatility.. I will post my this week's Statement at the end of the day..
  • #437,562
  • May 6, 2011 12:12pm May 6, 2011 12:12pm
really bored without the entertainers clogster and talentfx where the hell are they?
  • #437,563
  • May 6, 2011 12:12pm May 6, 2011 12:12pm
Quoting needpips
43308 next...H6 200ema
I see 43272 next. 78.6% Fibo level on 30min TF.
Make your losses in demo. Earn your profits live.
  • #437,564
  • May 6, 2011 12:13pm May 6, 2011 12:13pm
Quoting Forexia
One thing I don't understand: Why is Greece leaving bad for EU aside from the fact that Greece hasn't repaid any of the bailout money that EU forwarded to it?

I thought EU should go up on this news. Finally, some deadweight off.
Think about the following:

if they force Greek to default, the have to force Ireland, they have to force Portugal, they have to force Spain, Italy etc.

With each and every default the EU gets weaker and weaker and weaker.....
  • #437,565
  • May 6, 2011 12:13pm May 6, 2011 12:13pm
  •  mrmat
  • | Joined Sep 2010 | Status: One day I shall leave the temple | 131 Posts
Though I have recently become far less enamored with Fundamentals (Funny-Mentals), especially in Forex, I would think Greece leaving is Bad for the Euro, at least in the short term.

A country leaving is an unprecedented event (markets hate uncertainty) and I believe there are no rules for how a country could actually leave the EZ. Also, Greek Banks would take it on the chin, but more importantly German and French Banks would be in deep trouble.. If (and its a HUGE IF, cuz the story is still unknown) Greece actually does try to leave, Its game on for Euro Bears I think.
  • #437,566
  • May 6, 2011 12:14pm May 6, 2011 12:14pm
Quoting Forexia
I see 43272 next. 78.6% Fibo level on 30min TF.
no good support till 4225
  • #437,567
  • May 6, 2011 12:15pm May 6, 2011 12:15pm
Quoting Purple
Guys take advantage of the volatility.. I will post my this week's Statement at the end of the day..
That's right I took my Oanda real account to a new high today.
  • #437,568
  • May 6, 2011 12:16pm May 6, 2011 12:16pm
Quoting swing 123
really bored without the entertainers clogster and talentfx where the hell are they?
Well, talentfx is currently hiding from the IRS since he hasn't paid any taxes on the profit he made on Forex trading.

And Clogggie? He has received an invitation from the George Soros himself to join his elite Forex Traders Club so that's where he is right now.

Make your losses in demo. Earn your profits live.
  • #437,569
  • May 6, 2011 12:16pm May 6, 2011 12:16pm
short scalped that one there....gonna wait til Mon....crazeeeee
  • #437,570
  • May 6, 2011 12:17pm May 6, 2011 12:17pm
Quoting infinitus
Think about the following:

if they force Greek to default, the have to force Ireland, they have to force Portugal, they have to force Spain, Italy etc.

With each and every default the EU gets weaker and weaker and weaker.....

Bear Stearns took one for the team...
Here to learn, not teach.
  • #437,571
  • May 6, 2011 12:18pm May 6, 2011 12:18pm
Quoting Forexia
Well, talentfx is currently hiding from the IRS since he hasn't paid any taxes on the profit he made on Forex trading.

And Clogggie? He has received an invitation from the George Soros himself to join his elite Forex Traders Club so that's where he is right now.

LOL
  • #437,572
  • May 6, 2011 12:18pm May 6, 2011 12:18pm
how far this goes down....there will be a retrace....Ill wait for that....
  • #437,573
  • May 6, 2011 12:19pm May 6, 2011 12:19pm
Quoting wormboy
Formed.
Who wudda thunk. Next target level 4335.

Enjoy the weekend
You got it brudda!

4336 for me... I'll give you the extra pip!
A pip is only worth it if you know how much you risked to earn it
  • #437,574
  • May 6, 2011 12:19pm May 6, 2011 12:19pm
Quoting mrmat
Though I have recently become far less enamored with Fundamentals (Funny-Mentals), especially in Forex, I would think Greece leaving is Bad for the Euro, at least in the short term.

A country leaving is an unprecedented event (markets hate uncertainty) and I believe there are no rules for how a country could actually leave the EZ. Also, Greek Banks would take it on the chin, but more importantly German and French Banks would be in deep trouble.. If (and its a HUGE IF, cuz the story is still unknown) Greece actually does try to leave, Its game...
Maybe they won't leave, it is a game of brinkmanship, they are saying restructure our debt or we will leave, so the debt will get restructured and rolled into 25 years bonds I think. It is to create an atmosphere of crises to force through restructuring and remain in the euro zone.
  • #437,575
  • May 6, 2011 12:21pm May 6, 2011 12:21pm
Thats gotta be close to a record....
  • #437,576
  • May 6, 2011 12:22pm May 6, 2011 12:22pm
Quoting swing 123
no good support till 4225
Well if EU really drops, no support is ever good enough.

43272-74 level hasn't been tested much in the past but only once and very briefly on April 19. EU has been rising ever since.
Make your losses in demo. Earn your profits live.
  • #437,577
  • May 6, 2011 12:23pm May 6, 2011 12:23pm
Quoting almubashir
Bro,
Call her up or Go face her...she would not kill only say no at most...but belief euro is falling and she would say yes if u tell her you are forex trade...lol..just do it!

Thanks for the advice my forex buddies, But you know something, You go through a strange feeling. You start picking faults in your self. Why dose God trap you in love with someone else. Honestly sometimes it gets painfull, you cant sleep properly neither eat properly.
  • #437,578
  • May 6, 2011 12:26pm May 6, 2011 12:26pm
Buying 1.4365 STOP 1.4345 -> 38.2% retracement and also some visual support here Risk 20 reward 100+
Don't have an ego. Always question yourself and your ability.
  • #437,579
  • May 6, 2011 12:27pm May 6, 2011 12:27pm
Quoting Forexia
Well if EU really drops, no support is ever good enough.

43272-74 level hasn't been tested much in the past but only once and very briefly on April 19. EU has been rising ever since.

I just looked at the weekly candles and you r correct....man
  • #437,580
  • May 6, 2011 12:27pm May 6, 2011 12:27pm
Quoting ukcool
Thanks for the advice my forex buddies, But you know something, You go through a strange feeling. You start picking faults in your self. Why dose God trap you in love with someone else. Honestly sometimes it gets painfull, you cant sleep properly neither eat properly.
Any time buddy, remember if the love is true, u've got notting to fear. Just go for it nad u'll surely get it if u realy want it. God means good for all he puts to us...trust Him and u'll smile at the end!
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