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EURUSD

  • #491,741
  • Jul 17, 2011 5:31pm Jul 17, 2011 5:31pm
Quoting pennies
first note - you are taking me to seriously,

second note - millions have made every call out there, but that doens't do anything justice.

I can say right now "gold will reach 7500", and when it happens I can say "I told people gold would hit 7500" ... doesn't mean anything really ... kudo points to me, but that is it ...

My main and only {non serious} point was that it either goes up or down, so I personally laugh at every post that says 'x target north will be hit' or 'x targetsouth will be hit' ...

or 'bear market, sometime' 'bull...
...did I sound that serious....

I am not.......

I know what you mean....

Ok Screw Silver ...LETS GET BACK TO euro...
Markets are not Random, they are designed!
  • #491,742
  • Jul 17, 2011 5:33pm Jul 17, 2011 5:33pm
Quoting Venice
Nice pick Lars... yummy yummy pipsies.
so much for a slow monday session w bank hollyday
  • #491,743
  • Jul 17, 2011 5:33pm Jul 17, 2011 5:33pm
Closed my short from 28, I still think we're in a buy zone.
  • #491,744
  • Jul 17, 2011 5:35pm Jul 17, 2011 5:35pm
Anybody know why it just dropped like a log?
Kill the ego, or it will kill the mission.
  • #491,745
  • Jul 17, 2011 5:35pm Jul 17, 2011 5:35pm
Quoting AaronWard
Anybody know why it just dropped like a log?
I'm going to go out on a limb here and say we have more sellers then buyers.
  • #491,746
  • Jul 17, 2011 5:37pm Jul 17, 2011 5:37pm
Sitting on the weekly PP. Need some buyers here.
  • #491,747
  • Jul 17, 2011 5:38pm Jul 17, 2011 5:38pm
Last week i was looking for 1.4060 and i'm searching it again.

I think it will be a nice point to go long.

It's 50% fib retraction of last up move and i can see at this point a lot of support as well.

Any one agrees?
So get ready!
  • #491,748
  • Jul 17, 2011 5:39pm Jul 17, 2011 5:39pm
Quoting Venice
I'm going to go out on a limb here and say we have more sellers then buyers.
Out on a limb would be correct sir !
Attached Image
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #491,749
  • Jul 17, 2011 5:39pm Jul 17, 2011 5:39pm
Quoting Venice
I'm going to go out on a limb here and say we have more sellers then buyers.

BUT the BULL Candle you promised it's going up, even made fun of me for saying down!!



Sure you don't want to re think this entire candle trading issue you have ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #491,750
  • Jul 17, 2011 5:39pm Jul 17, 2011 5:39pm
http://www.telegraph.co.uk/finance/f...-says-IMF.html

maybe baby.. hmm.. another selloff??
  • #491,751
  • Jul 17, 2011 5:41pm Jul 17, 2011 5:41pm
yeah, anybody have any useful ideas on why it dropped like a stone? Some breaking news?
Kill the ego, or it will kill the mission.
  • #491,752
  • Jul 17, 2011 5:42pm Jul 17, 2011 5:42pm
Quoting FishHead
Closed my short from 28, I still think we're in a buy zone.
I don't ... at least I am not buying now .. lol

Keeping this baby for the time being .. potentially / {successfully?!} picked two tops !! HOORAH!

But that doesn't put Benjamin's in anyone else's pockets .. so no one cares!
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I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #491,753
  • Jul 17, 2011 5:42pm Jul 17, 2011 5:42pm
Quoting AaronWard
yeah, anybody have any useful ideas on why it dropped like a stone? Some breaking news?

Ya I was reading my charts and they told me to go short.
I don't trust any move - when you have profit...take it.
  • #491,754
  • Jul 17, 2011 5:42pm Jul 17, 2011 5:42pm
Quoting AaronWard
Anybody know why it just dropped like a log?
Path of the most pain..

Score on the forum was 10 long and 2 short. So you have to figure, in order to cause the most pain for the most people the obvious direction was short.

I was on E/Y rather than Euro as the set up looked better.
  • #491,755
  • Jul 17, 2011 5:43pm Jul 17, 2011 5:43pm
Quoting TheGamer
i might take a day off it it crosses 4080 without touching 4140
I dn't say it would cross just touch and come back. Projection data shows hard stop around 84 potential 73 dip. And up from here to 4200 @ 5am. If 70 goes down I'll scrap the rest of the projection and see how far my short from above goes.
Founder of Sutherland Wave Principle
  • #491,756
  • Jul 17, 2011 5:43pm Jul 17, 2011 5:43pm
Quoting AaronWard
yeah, anybody have any useful ideas on why it dropped like a stone? Some breaking news?
Look at the 15M, shouldn't be too hard to figure out.
  • #491,757
  • Jul 17, 2011 5:43pm Jul 17, 2011 5:43pm
Quoting Venice
I'm going to go out on a limb here and say we have more sellers then buyers.



I don't believe you for one second
  • #491,758
  • Jul 17, 2011 5:47pm Jul 17, 2011 5:47pm
hmnn one thing i learnt is to not ask so much questions. when something happens when you clearly know it shouldn't, react first, think and reason later.

that may mean getting out of a losing trade or placing a new trade.

but just for the sake of discussion im saying that we just broke a significan't support level ~4110. no bulls to defend it and the bears just piled up. probably speaks of the overall market sentiment towards eu.

anyway, downward projections:
4057
4005
  • #491,759
  • Jul 17, 2011 5:54pm Jul 17, 2011 5:54pm
Quoting AaronWard
Anybody know why it just dropped like a log?
I know exactly why, but to explain it I'd have to reveal the hottest secret in the entire history of trading. I can tell u, but then I'd have to eliminate you. Ego time Uh oh, uh oh, here comes the suthmo
Founder of Sutherland Wave Principle
  • #491,760
  • Jul 17, 2011 5:55pm Jul 17, 2011 5:55pm
Quoting Bro
Last week i was looking for 1.4060 and i'm searching it again.

I think it will be a nice point to go long.

It's 50% fib retraction of last up move and i can see at this point a lot of support as well.

Any one agrees?
Well I have that 60 on my chart as well, but I won't go long at it yet, I need some more confirmation. But below 60 I have 46/47, an 32.20% fiblevel and pivot support level. Than 38, and as (first) target level I have 1.4012 (23.60% fiblevel). Only if that breaks with enough confirmation I would think of going lower.
But that's just a view from a newbie, so look at your own chart and make your own decisions.

edit: by the way, I had a bad short entry at 1.4085 just yet. SL at BE+commission/spread TP 1.4020 (12 should be possible but taking it wider) I may (partially) close on a bounce of 60 or 46/47.
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