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EURUSD

  • #463,621
  • Jun 16, 2011 1:05am Jun 16, 2011 1:05am
lets c if we bounce to 20.5 and 24.1
those who can, do. those who cant, talk about those who can
  • #463,622
  • Jun 16, 2011 1:05am Jun 16, 2011 1:05am
Quoting Mr Hatch
4005.2 as well... see yourself.

btw... the real 2008-mofu is lower, mofu in the sense of "pa-driving you mad".
indeed, the sausage making one, lol...

could not get the close below here, maybe a bounce? you have anything key near here?
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 18 KB
Look Sharp/Trade Tight
  • #463,623
  • Jun 16, 2011 1:07am Jun 16, 2011 1:07am
Quoting USD-Bear
mmm, normally I would shoot at the slightest resistance at USDX target, but somehow I feel it's got to be very clear now......
indeed, not getting excited, is usually best...
Look Sharp/Trade Tight
  • #463,624
  • Jun 16, 2011 1:07am Jun 16, 2011 1:07am
Quoting Mr Hatch
hi markus,

if the yellow count is true, than - as 3 can't be the shortest, it should drop some more, as it is ~equal in length atm...

is that correct?
Hi Hatch,

sure, and it will (at least I hope). Take a second look at that chart. We are now in wave light blue 3 of yellow 3. There is yelow 4 and 5 to come.

Attention: yellow 1 per my count did not start at 469x, it started at 4550.

So right now the ongoing wave yellow 3 is around 162% of yellow wave 1

Hope that helps :-)
  • #463,625
  • Jun 16, 2011 1:11am Jun 16, 2011 1:11am
EURUSD buy at 1.4095 target 1.4245, 1.4379 stop loss 1.4045
GBPUSD buy at 1.6153 target 1.6258, 1.6329 stop loss 1.6103
  • #463,626
  • Jun 16, 2011 1:11am Jun 16, 2011 1:11am
Quoting PayTheLimit
indeed, the sausage making one, lol...

could not get the close below here, maybe a bounce? you have anything key near here?
it depends on the tf you're talking. 4120.4 is the 100%-fib-extension, 4140.1 is the 76.4-retracement, 4141.8 is a 2008-#, all resistance now at least st.

i'm waiting for london now to see if more and more longs throw in the towel... will have to nurse the current trade for a while.

this is a one-sided move, euro-based, keep that in mind. as soon as someone in brussels opens his mouth, things could change.

i hope, papandreou has balls of steel
  • #463,627
  • Jun 16, 2011 1:13am Jun 16, 2011 1:13am
Quoting infinitus
Hi Hatch,

sure, and it will (at least I hope). Take a second look at that chart. We are now in wave light blue 3 of yellow 3. There is yelow 4 and 5 to come.

Attention: yellow 1 per my count did not start at 469x, it started at 4550.

So right now the ongoing wave yellow 3 is around 162% of yellow wave 1

Hope that helps :-)
thanks again, I will take a second look.
  • #463,628
  • Jun 16, 2011 1:15am Jun 16, 2011 1:15am
Quoting Mr Hatch
it depends on the tf you're talking. 4120.4 is the 100%-fib-extension, 4140.1 is the 76.4-retracement, 4141.8 is a 2008-#, all resistance now at least st.
intraday..I'd like to see at least on bounce, just to see how its handled...
Look Sharp/Trade Tight
  • #463,629
  • Jun 16, 2011 1:16am Jun 16, 2011 1:16am
Quoting rattyo
Do you reckons people money in these spanish banks could go like what happened with Icelandic banks?
why not? if they are guaranteed by the government, and the government cant pay.. because it don't have the money.
those who can, do. those who cant, talk about those who can
  • #463,630
  • Jun 16, 2011 1:17am Jun 16, 2011 1:17am
Gator,

We bounced higher....thoughts?
  • #463,631
  • Jun 16, 2011 1:19am Jun 16, 2011 1:19am
If we follow the trend 4065 could be intraday profit target.

I have taken a short @ 4130 aiming for 4065 s/l around 4165.

Supports lie at 4080 4060 and 3970.

As always manage ur risk according ur s/l and try not to move s/l. Only in very very rare occasions.
  • #463,632
  • Jun 16, 2011 1:21am Jun 16, 2011 1:21am
Quoting kbmoonshinex
Are you still in a trade ? your stop loss 1.4444?
No. I closed that longer term trade the next day as pa moved below 1.4600. Things didn't look good, market was not behaving as expected.

Scalping to the upside since then. Constantly losing money. Lost 3% each on five trades but 6th one just brought back 3%. 5 more trades to go to break-even.
The Thief of Wall Street
  • #463,633
  • Jun 16, 2011 1:23am Jun 16, 2011 1:23am
EUR/USD Uptrend cycle
I hope BULLISH formation in progress... May GOD help us
study of behavior and mind,conscious and unconscious
  • #463,634
  • Jun 16, 2011 1:26am Jun 16, 2011 1:26am
Quoting sclpzmalay
Uptrend cycle
I hope BULLISH formation in progress... May GOD help us
Dont count on God. I hear he dont like us Money changers.

  • #463,635
  • Jun 16, 2011 1:26am Jun 16, 2011 1:26am
Quoting sclpzmalay
I hope BULLISH formation in progress... May GOD help us
Wake up my friend. This is bear market. Only bullish thing is a bounce.

Tell me a day he never helped? Its just not possible.
The Thief of Wall Street
  • #463,636
  • Jun 16, 2011 1:29am Jun 16, 2011 1:29am
Quoting sclpzmalay
.. May GOD help us
he's only gonna help you if he's long...and I dont think he's long, at least not according to Forex Live...
Look Sharp/Trade Tight
  • #463,637
  • Jun 16, 2011 1:29am Jun 16, 2011 1:29am
Quoting sclpzmalay
EUR/USD Uptrend cycle
I hope BULLISH formation in progress... May GOD help us
hmmmmm don't think we will have bullish movement today...
we may have similar story just like yesterday...
massive fall when London starts..
let see...
Patience, Emotion Control and Discipline.
  • #463,638
  • Jun 16, 2011 1:29am Jun 16, 2011 1:29am
Quoting sclpzmalay
EUR/USD Uptrend cycle
I hope BULLISH formation in progress... May GOD help us

looks like your need gods help with a long on euro
rat
  • #463,639
  • Jun 16, 2011 1:30am Jun 16, 2011 1:30am
God is short the euro as well I can confirm.

im short
EG
EU
Crude
DOW
rat
  • #463,640
  • Jun 16, 2011 1:30am Jun 16, 2011 1:30am
Quoting Chicky
Wake up my friend. This is bear market. Only bullish thing is a bounce.

Tell me a day he never helped? Its just not possible.
What happened to your black magic which u did for 40 days
Trade responsiblypatience is the key/Swing trader
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