Attachments: EURUSD

EURUSD

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#448,021
May 24, 2011 10:53am May 24, 2011 10:53am

fxpreacher
| Joined Feb 2011 | Status: Trader | 658 Posts

Quoting Kambooj

Disliked

The 3 black circles shown have provided ample support for the upward motion to jump from 4099, once the slightest notch forms within the blue circle, we can easily go up to 4170 and 4150 will act as support. Going short at 4130 is very dangerous at the moment

Ignored

seems you picked the perfect point to go short.

#448,022
May 24, 2011 10:54am May 24, 2011 10:54am

mercy seat
Joined Mar 2010 | Status: Trader | 42,434 Posts

Quoting mercy seat

Disliked

I had my doubts that we will have enough downside pressure ... aprox. 1.4015/ 05 I did say or maxima 1.3990 ... that would be my favorite REVERSO zones ...

Euro still in corrective rally modus ... i.e. for those who like to short it again it is the best strategy to wait until this have been come to an end ...

For those who want to long it ... this might be a little bit late ...

Best point of time has been yesterday ... around midday in Europe ... when I did post that recovery is the next step ... that has been the best time ...

For...

Ignored

Okey-dokey ... alles bereits hinreichend gesagt ... möglicherweise steht auch noch die dritte Klappe bei zirka 1.4157 an. Wer will das schon wissen ... ? !

Not much changed until now ...

We have to wait for it ...

;-|

Attached Image(s) (click to enlarge)

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Name: 2011-05-24_17h45_ EURUSD _ min005 _ (200) candle + TL + TC + PP.PNG
Size: 38 KB

Click to Enlarge

Name: 2011-05-24_17h45_ EURUSD _ min020 _ (200) candle + TL + TC + PP.PNG
Size: 39 KB

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts

#448,023
May 24, 2011 10:55am May 24, 2011 10:55am

Gleneagles
Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts

Upside down reversal pattern formed under level 11H05-11H15 GMT today

Attached Image

" Never let the past hold the future to ransom "

#448,024
May 24, 2011 10:56am May 24, 2011 10:56am

apt
| Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts

Quoting kbmoonshinex

Disliked

long 4107 TP 4177

Ignored

wrong side bro.

#448,025
May 24, 2011 10:58am May 24, 2011 10:58am

T@rantula
| Commercial User | Joined Feb 2010 | 14,361 Posts

Quoting T@rantula

Disliked

Im shorting EU ( 4083) not a full position thou as stops are app @ 4121. Aiming for 4000

Ignored

-38 pips on this. Stop has been hit. Total for today ( 2 EU and 1 USDCHF ) +22 pips.

#448,026
May 24, 2011 11:01am May 24, 2011 11:01am

apt
| Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts

Quoting apt

Disliked

Ascending triangle. With the current downtrend there is a higher probability that the break will be towards the downside, testing 1.400. Good luck all.

http://i53.tinypic.com/160qxs6.png

Ignored

Looks like this ascending triangle might play out.

USDX also broke out of its descending channel.

http://i52.tinypic.com/f2m2k0.png

#448,027
May 24, 2011 11:01am May 24, 2011 11:01am

KiwiTrada
Joined Aug 2009 | Status: Trader | 12,448 Posts

Quoting T@rantula

Disliked

-38 pips on this. Stop has been hit. Total for today ( 2 EU and 1 USDCHF ) +22 pips.

Ignored

Check Geppy 4hr tl's resist good rr

if up hard resist rr perfect worth a look anyways

If you are new to Forex? Say Goodbye to your account!!

#448,028
May 24, 2011 11:01am May 24, 2011 11:01am

mercy seat
Joined Mar 2010 | Status: Trader | 42,434 Posts

Quoting T@rantula

Disliked

-38 pips on this. Stop has been hit. Total for today ( 2 EU and 1 USDCHF ) +22 pips.

Ignored

Immerhin ... there are not many that can say this today ...

See you later

;-|

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts

#448,029
May 24, 2011 11:01am May 24, 2011 11:01am

pinkiaiii
| Joined Dec 2010 | Status: monkey keyboard warrior | 875 Posts

short tp 080 sl 4110

#448,030
May 24, 2011 11:02am May 24, 2011 11:02am

AllyB
Joined Mar 2010 | Status: aka QueenB | 4,808 Posts

Quoting Gleneagles

Disliked

Upside down reversal pattern formed under level 11H05-11H15 GMT today

Ignored

changed my lines to 5 and now i can see it. couldn't though until i did that and you pointing it out.

#448,031
May 24, 2011 11:02am May 24, 2011 11:02am

apt
| Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts

Quoting apt

Disliked

Channel still in play, down move could be limited to 75.80 though.

http://i52.tinypic.com/35m1tvm.png

Ignored

Broken.

http://i54.tinypic.com/vo8rkj.png

#448,032
May 24, 2011 11:02am May 24, 2011 11:02am

samdani786
| Commercial User | Joined Feb 2008 | 7,908 Posts

Lets see

Attached Image (click to enlarge)

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Name: 204 15 min 5-24-11.gif
Size: 38 KB

The finest tool in the world still needs a MAN who KNOWS how to use it.

#448,033
May 24, 2011 11:04am May 24, 2011 11:04am

T@rantula
| Commercial User | Joined Feb 2010 | 14,361 Posts

Quoting KiwiTrada

Disliked

Check Geppy 4hr tl's resist good rr if up hard resist rr perfect worth a look anyways

Ignored

My stop was 1.4121 exactly. Im sorry but I really cant trade without a stop loss.

Maybe it will hit 4000 after my stop has been hit but thats a life. I would lie If i say otherwise.

I am not upset thou. Had a good EU and USDCHF trade also ( see previous posts).

Well if a trader wants to trade he always needs to accept the loss as a part of the trading profession. Otherwise its no good.

T

#448,034
May 24, 2011 11:05am May 24, 2011 11:05am