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EURUSD

  • #497,601
  • Jul 24, 2011 6:27am Jul 24, 2011 6:27am
Quoting NYWallSt
Seeing EUR/USD breaking out of its previous trend consolidation Wedge/Flag formation and equal its last moves length which would take us to resistance 1.53-54 area and drop from there. Extended resistance at 1.6000. Weekly Chart.

why u do so?
Hero calls followed by margin calls...
  • #497,602
  • Jul 24, 2011 6:27am Jul 24, 2011 6:27am
Quoting NYWallSt
Seeing EUR/USD breaking out of its previous trend consolidation Wedge/Flag formation and equal its last moves length which would take us to resistance 1.53-54 area and drop from there. Extended resistance at 1.6000. Weekly Chart.
We will never get there.
  • #497,603
  • Jul 24, 2011 6:29am Jul 24, 2011 6:29am
Quoting -JaZ-
I use this. I found it more detailed.
http://www.xe.com/currencycharts/?fr...to=USD&view=1W
ty
  • #497,604
  • Jul 24, 2011 6:35am Jul 24, 2011 6:35am
wanna see the mclaren boys do the business at the nürburgring today...
  • #497,605
  • Jul 24, 2011 6:35am Jul 24, 2011 6:35am
Quoting PhAnTi'
why u do so?
Because of the flag/wedge formation. however i am not buying yet, looking to buy on a pullback move from a break and daily close above 1.4425 first.
"The market doesn't beat them, they beat themselves" - J. Livermore
  • #497,606
  • Jul 24, 2011 6:37am Jul 24, 2011 6:37am
Quoting Flynchenberg
We will never get there.
The same was said in 2010 when EUR/USD was at 1.4500 and we will never get to 1.3500, its all just possibilities.
"The market doesn't beat them, they beat themselves" - J. Livermore
  • #497,607
  • Jul 24, 2011 6:38am Jul 24, 2011 6:38am
Quoting NYWallSt
The same was said in 2010 when EUR/USD was at 1.4500 and we will never get to 1.3500, its all just possibilities.
anyway always depend son the time span, at some point we will reach each certain level : p
Hero calls followed by margin calls...
  • #497,608
  • Jul 24, 2011 6:39am Jul 24, 2011 6:39am
Quoting FibbinArchie
wanna see the mclaren boys do the business at the nürburgring today...




go vettel go...
Hero calls followed by margin calls...
  • #497,609
  • Jul 24, 2011 6:40am Jul 24, 2011 6:40am
Quoting Flynchenberg
We will never get there.
We will
  • #497,610
  • Jul 24, 2011 6:47am Jul 24, 2011 6:47am
Quoting NYWallSt
Because of the flag/wedge formation. however i am not buying yet, looking to buy on a pullback move from a break and daily close above 1.4425 first.
http://i1224.photobucket.com/albums/...inluv/eu34.gif
  • #497,611
  • Jul 24, 2011 6:50am Jul 24, 2011 6:50am
Quoting petedeluiz
We will
we will not
  • #497,612
  • Jul 24, 2011 6:53am Jul 24, 2011 6:53am
Quoting Flynchenberg
we will not
sure we will, in next 20 years....

take it intraday.....nobody knows what kind of crisis etc. pp will come...
Hero calls followed by margin calls...
  • #497,613
  • Jul 24, 2011 6:55am Jul 24, 2011 6:55am
my daily (based PhAnTi' last week chart) ,4h i am newbie try to figure out chart and trend
Attached Image(s) (click to enlarge)
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Mohan
  • #497,614
  • Jul 24, 2011 6:57am Jul 24, 2011 6:57am
Quoting Flynchenberg
We will never get there.
i see us getting there... not much of a fundie but if the euro is gonna crash/fall... it will have to reach a point of unsustainability... we have been above 1.40 (which i believe is over valued) for a few months now and PA is looking bullish...

technically i have 1.53, 1.55xx and 1.57 areas for potential targets... though i don't see this attacking 1.49 again before dropping below 1.40 first - but as many always say... anything can happen in this game
  • #497,615
  • Jul 24, 2011 6:58am Jul 24, 2011 6:58am
Quoting PhAnTi'
go vettel go...
only managed 3rd on the grid...

wet conditions should make it interesting...
  • #497,616
  • Jul 24, 2011 7:00am Jul 24, 2011 7:00am
Quoting FibbinArchie
only managed 3rd on the grid...
well see ...i bet on vettel
Hero calls followed by margin calls...
  • #497,617
  • Jul 24, 2011 7:00am Jul 24, 2011 7:00am
Quoting mohan76
my daily (based PhAnTi' last week chart) ,4h i am newbie try to figure out chart and trend
lol at chinese wall

anyway try to zoom out of ur h4 chart, might be easier to identify trend and significant levels then

Jonas
Hero calls followed by margin calls...
  • #497,618
  • Jul 24, 2011 7:01am Jul 24, 2011 7:01am
Quoting PhAnTi'
well see ...i bet on vettel
we will see...
  • #497,619
  • Jul 24, 2011 7:04am Jul 24, 2011 7:04am
Quoting jaylovin
i see us getting there... not much of a fundie but if the euro is gonna crash/fall... it will have to reach a point of unsustainability... we have been above 1.40 (which i believe is over valued) for a few months now and PA is looking bullish...

technically i have 1.53, 1.55xx and 1.57 areas for potential targets... though i don't see this attacking 1.49 again before dropping below 1.40 again - but as many always say... anything can happen in this game
Thinking the same thing on the Euro crash. IMO i think EU tops out at 1.53-54 along with the S&P-500 around 1400-1440.
"The market doesn't beat them, they beat themselves" - J. Livermore
  • #497,620
  • Jul 24, 2011 7:06am Jul 24, 2011 7:06am
Quoting mohan76
my daily (based PhAnTi' last week chart) ,4h i am newbie try to figure out chart and trend
lol.. Chinese wall
well said.
You cannot learn better without losing
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