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EURUSD

  • #445,481
  • May 19, 2011 11:14pm May 19, 2011 11:14pm
Quoting Kambooj
The EUR is approaching a tough zone and a critical zone to break through.

Although the main trend on the H4 and H8 is buy, but a sustainable reaction can occur at 4360-4380 zone. This sustainable reaction will either drive the pair downwards to the weekly pivot of last week which is 4208 or drive the pair more downwards towards 4150 zone.

The only way that this pair will continue to go to 4450 is that if after 4380 is reached a temporary support will be formed at 4350-4360 and quickly the pair makes a move to 4400, other than that we are in...

HI.
Nice chart .
i see for the up trend
  • #445,482
  • May 19, 2011 11:14pm May 19, 2011 11:14pm
Quoting PayTheLimit
Coffee is good, smokes is good, friday is good, couple a pips and I'll be good, if your out of here, you be good...
Yeah mate, no choice, but to duck for a few months. Kinda hooked...so will check in to see how the good folk are rolling. So... to you...

PTL-
  • #445,483
  • May 19, 2011 11:15pm May 19, 2011 11:15pm
Quoting RamsesII
lol, leave the circles to the other guy
lol - put me in your iggylist
  • #445,484
  • May 19, 2011 11:15pm May 19, 2011 11:15pm
10-4 buddy...
Look Sharp/Trade Tight
  • #445,485
  • May 19, 2011 11:17pm May 19, 2011 11:17pm
Quoting RamsesII
lol, leave the circles to the other guy
I used to be worried about this child...

But then, its Johnny...

Drawing circles...within circles...

within circles
  • #445,486
  • May 19, 2011 11:18pm May 19, 2011 11:18pm
Quoting kenfen69
I used to be worried about this child...

But then, its Johnny...

Drawing circles...within circles...

within circles
nothing's shocking...
  • #445,487
  • May 19, 2011 11:20pm May 19, 2011 11:20pm
Seems its about this time every night this post goes to the dogs! Bring it...

This is me- lots changed since coming of the tools! still love being on the water though.
Attached Image
  • #445,488
  • May 19, 2011 11:21pm May 19, 2011 11:21pm
anyone have a way to enter a order at above or below a certain level at a particular tf close? meta or any platform..
those who can, do. those who cant, talk about those who can
  • #445,489
  • May 19, 2011 11:22pm May 19, 2011 11:22pm
Quoting kenfen69
Yeah mate, no choice, but to duck for a few months. Kinda hooked...so will check in to see how the good folk are rolling. So... to you...

PTL-
how was the beach?
those who can, do. those who cant, talk about those who can
  • #445,490
  • May 19, 2011 11:23pm May 19, 2011 11:23pm
Still cant see anything bullish on the daily. We managed to edge out of my 4255/99 zone, so that could open up some more upside, but I would guess its not going to be anything to write home about. Still think the bears are in charge this month. Might pass on selling rallies today and look to sell weekness, under that 4255..
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 17 KB
Look Sharp/Trade Tight
  • #445,491
  • May 19, 2011 11:24pm May 19, 2011 11:24pm
Quoting gatorinla
anyone have a way to enter a order at above or below a certain level at a particular tf close? meta or any platform..
DKopy
  • #445,492
  • May 19, 2011 11:25pm May 19, 2011 11:25pm
Quoting RamsesII
lol, leave the circles to the other guy


Quoting kenfen69
I used to be worried about this child...

But then, its Johnny...

Drawing circles...within circles...

within circles
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #445,493
  • May 19, 2011 11:25pm May 19, 2011 11:25pm
where you off to bro??

Quoting kenfen69
Yeah mate, no choice, but to duck for a few months. Kinda hooked...so will check in to see how the good folk are rolling. So... to you...

PTL-
"Millionaires don't use astrology, billionaires do"
  • #445,494
  • May 19, 2011 11:27pm May 19, 2011 11:27pm
Quoting gatorinla
how was the beach?
Perfect!

Don't want to leave.
  • #445,495
  • May 19, 2011 11:27pm May 19, 2011 11:27pm
Quoting kenfen69
DKopy
are you happy with them? can a sl/tp be in the same pending order?
those who can, do. those who cant, talk about those who can
  • #445,496
  • May 19, 2011 11:31pm May 19, 2011 11:31pm
Don't pick on me guys - I'm just a mere singer trying to avoid contract with major record companies moneywise

Inserted Video
  • #445,497
  • May 19, 2011 11:34pm May 19, 2011 11:34pm
Quoting bdsilvano
Guys, fed says QE2 will end on the last 2nd quarter this year. will you give me some insight what will happen to USD dollar? will the dollar become strong? what will happen to the rest major pairs we are trading against the dollar?
QE2 (Quantitative Easing 2) is Federal Reserve’s $600 billion stimulus aiming to support the economy by injecting capital through bonds buying. This support will now end.




The QE2 will end in the following scenario/business environment:

  1. World economy is still recovering. Europe facing debt issues, Chinese economy has slowed down and US job market is far from satisfactory.
  2. Money supply will shrink as US currency printing press will stop.
  3. Investors will remain risk averse for some time after this change.
  4. Short term economic support cannot remain unchecked for long because of longer term risk of inflation
  5. If ending QE2 negatively affects the economy or in case of a double dip recession, QE3 option is there.

How QE2 end will affect the market

  1. USD will gain strength and since commodity prices are denoted in USD, their prices will reduce as USD strength will give it more purchasing power.
  2. Stocks will fall
  3. EUR will fall against USD.
  4. Because of lack of investor confidence, market however will remain volatile.

(The above are just my thoughts. Please do consider several other opinions, including your own, before acting on these thoughts)

The Thief of Wall Street
  • #445,498
  • May 19, 2011 11:35pm May 19, 2011 11:35pm
Quoting forex_growth
where you off to bro??
Leaving Toronto...

Going to...British Columbia.

Same country...Big country...GREAT country.

I just have a real estate venture that is about to kick off...and my attention is needed. If I don't give it... My first name would be...

CHUMP!
  • #445,499
  • May 19, 2011 11:39pm May 19, 2011 11:39pm
Tech Reasons:

1. USD/CHF failed to stay below .8800 and is currently above the daily pivot
2. USD/CAD is at support level .9666, which until April 1st was also the yearly low
3. Gold is at resistance of $1496.xx
4. EUR/GBP failure to break ascending trendline
5. EUR/USD 1.432 a pretty strong resistance

Fundy Reason:

1.Greece. Now the ECB is threatening to pull the plug
http://www.telegraph.co.uk/finance/e...k-lending.html
motivation
  • #445,500
  • May 19, 2011 11:39pm May 19, 2011 11:39pm
Quoting johnnyrei
Don't pick on me guys - I'm just a mere singer trying to avoid contract with major record companies moneywise

http://www.youtube.com/watch?v=bnIPz7Lx0Es

Like it! as the say in Facebook!
Some good strumming.
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